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Interest Rates are not going to be this low forever that's for sure and what does that mean to you because a lot of people don't know
what that means you. That means every 1% an interest rate goes up you lose 10%
of your buying power so if an interest rate goes up one point that's a lot of money
and if it goes up two points that's even more money and you know how that goes from
there. So pay attention to interest rates I mean you can't time the market but you
can take advantage of the the things that are offered in the market and
interest rate is one very important things to look at because everybody
wants to buy as much as possible or devices home possible and that is going
to a lot be dictated by what you qualify for you need to be pre-approved I have a
great lender that I deal with and Brad will get that information to your debts
doesn't cost you anything it's usually giving them information so they can find
out what loans are the best loans and processes for you at the time but never
discount that process when you're making an offer on a house or if you not
pre-approved then you're not gonna be considered you know the first people
that considered on law is special lol majorie you're looking at cash buyers go
first and then the conventional Biersack in Argos people who have you know 20%
down or or a little bit less than that and then you have a FHA buyers and then
after that you have contingent buyers a lot of people today are afraid the list
are home to sit on nowhere to go
you will find a home you like if you're consistently looking and looking for the
place you want to be in but if you make an offer contingent on you selling your
home
you're not gonna be considered gonna go to the bottom of the list and you will
find the perfect home for sure not ready it's not a good position to you
again is a very emotional process and finding the house you like is an
emotional process it's also on art of elimination we're gonna take you through
homes that you're not going to like but that educates us to find out homie do
you like