If you’re anything like the average New Year’sResolution-setter, you’ve probably alreadydeclared that this year will be your year. Andthat means different things to different people.It might be the year you pay off your creditcards, fit back into your “skinny” clothes, orfinally take that dream vacation you’ve beeneyeing.
1. Buyer Resolution: fix up your financials andbuy a home. It’s no secret that the mortgagelending world is tough out there. But don’t letthat stop you from buying a home in. The nameof the game is to prepare, prepare, prepare.
2. Seller Resolution: Price it, spruce it and sell it. Atoo-high price is a sure-fire way to ensure yourhome lags on the market, causing you more anxietyand costing you more money as the days turn intoweeks, months or even longer. Rather than testingthe market, the end result of overpricing is usuallythat you end up receive no or lowball offers, oreven resigning yourself to lowering the price belowwhat you could have originally gotten, to offset thestigma of desperation buyers sense when a homehas been on the market a long time.
3. Renter Resolution: Make the rent vs. buydecision and start saving, if you decide to buy.Depending on where you live, it might actuallybe cheaper to own a home than to rent it!Mortgage rates hit record lows last month. Ifyou live in an area with a strong buyer’s marketand think you might be ready to commit tohomeownership, this is exactly the right time tostart getting serious about making the decisionwhether to proceed down the path to homeownership.
What home resolution have you made this year?
Randy BettInvestment Realtor/Author/InvestorReal Estate Professionals Inc.Better Group Real Estate202-5403 Crowchild Trail NWCalgary, AB T3B 4Z1Phone:403-774-7464 Ext:1Fax:403-208-0082Toll Free fax:888-711-6801