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Home Buying in Holland : Real Estate Advice

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  • Home Buying3
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Activity 3
Thu Mar 19, 2015
ssew answered:
This beautiful home is for sale. At LOW monthly payments it's cheaper than renting. :)
0 votes 2 answers Share Flag
Wed Oct 3, 2012
Chad Boyers answered:
As the other agents mentioned, your agent should be able to assist you in determining if the house is priced where it should be. New construction is definitely going to command a premium price versus existing homes.

When I searched for that zip code, I didn't find much in the way of new construction. The home you have interest in is the only new construction for sale. There has only been one other new construction sold in that zip this year, and it was at $1.66 less per square foot. That would put your home at $197,183. The other homes you are seeing are at least 5 or 6 years old, which will tend to lower their prices some.

If you really think you will be in the home long term, then the new construction might be a good option. If you think you will be moving out of it in the next 5 years, you may want to consider other homes, as the new construction is not going to hold it's value as well in the short term.

Good luck in your search!
... more
0 votes 5 answers Share Flag
Mon Jun 22, 2009
Chad Boyers answered:
Brian,

Brian,

Unfortunately, no one can predict when rates will go up or down. Just because rates historically go up or down on certain days or in certain months doesn't mean that they will this week or next week. Rates did edge up slightly a couple of weeks ago and have stayed pretty steady since then. Does that mean they will be steady for the rest of this week? Probably, but again nobody knows for sure. Rates can get affected by news that comes out, whether positive or negative, and the changes are sometimes immediate and drastic, other times are minimal or no change at all. What I will say is that no matter what rate you end up locking in at, you are getting a fantastic rate by historic standards. In the 1980's people said that we'd never see rates below 10% again. You can imagine the relief of many (including myself) to have rates this low! I think that you are safe to lock in anytime this week, and try not to get over worried about a .125% change in rates after you lock in. The change is very minimal as far as how your payment is affected. Good luck with your purchase! ... more
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