Tuesday, January 31, 2012

Homes Previewed Review 1/31/12

One of the key aspects of the real estate business is learning market inventory. Today I went to three 1310 sq. ft. condos and two 1428 sq. ft. with finished basement town homes in the Fair Oaks area off of route 50 in the Fair Ridge subdivision, and a 1655 sq. ft. with finished basement single family home out past Tysons on route seven.

The condos were all the same basic layout with a bathroom located next to the foyer that connects to one of the bedrooms. It has room for a small dining area but in the condos that were furnished they did away with the dining  area in order to increase the size of their living room. The second bedroom was a good size for a mast bedroom and the bathroom was the largest of any of the properties we visited. One unit had an updated kitchen with new granite counter tops and stainless steel appliances while another had a loft.


Advantages of Starting the Buying Process Early

Most buyers I have talked to in these early months have told me they want to buy but aren’t quite ready yet. They want to wait until May or June to start the buying process. With so many people having said this to me it got me thinking. Why wait?

This has been a rather mild winter and if people start their search now they can accomplish many things. First and most importantly they can beat the spring rush. If a number of people have told me they want to put off a home buying search until May or June how many of told other Realtors the same thing?

With low interest rates and low inventory something very interesting could happen this spring and summer. The market could take off. The low prices we are seeing now could quickly become a thing of the past and people will be kicking themselves for putting off a home buying search.

Scheduling an appointment with me and starting the process of buying a home doesn’t mean you will quickly find a home or that there aren’t actions that need to be taken before you are ready to buy. The best thing to do if you think you are a month or two from purchasing a home is to come in and meet with Weichert Gold Services in order to discover your purchasing power.

And if you have bad or low credit then we can help put a credit recovery program in place so that when you are ready to purchase a home there won’t be any unfortunate surprises. Starting the process now as opposed to when everyone else is starting theirs can be extremely beneficial for many reasons.

If you would like to get an early jump on the spring competition or would just like to find out your purchasing power please visit my main site and call me to set up an appointment. I am more than happy to help with any real estate needs you might have.