Ok. . .It’s Time!

Interest rates took a (.25) ¼ percent jump this week to 5.25%.  How does that affect home buyers?  Purchasing a $200,000 home increases your payment $32.00 a month.  This is just a little more than dollar a day but we all know it adds up.  Rates were in the low 4% just 11 months ago.  The pattern is that rates are on the rise due to the stabilization in our economy.

I am seeing more people buying houses and other big ticket items.  Bottom line is you can get an amazing deal on a home in this market.  I sold a house last week for $26,200 less than what it was listed for at $200,000. The house was in perfect move in condition 3br, 2ba, 2 car garage, new carpet and paint. . . 2,143 sf sold for $82 a square foot. 

I have full access to bank owned, corporate owned, foreclosures, pre-foreclosures and short sales.  I also have divorce and estate sales.  Please if you know of someone thinking of buying have them contact me asap.  Now is the time to make some money!