This is still an amazing time
To BUY & SELL!!
What we have seen in the last six months has been a little bit difficult for many of our main stream buyers to purchase a home-
Anyone that was coming in with conditions such as financing or home inspection, or heaven for bid a clause offer (have a house to sell) often we’re losing out, over looked and were finding themselves in multiple offer situations that they simply could not compete with, due to the fact they were competing with cash buyers from out of province—>
Now with the market shifting a little it bit gives the opportunity for buyers that need conditions- either to sell their current home that they own or have basic standard conditions such as financing and of course want the security of doing a home inspection to shed light on the current condition of the home.
This is giving BUYERS a chance to come in and feel confident with placing an offer and going through the buying process!
Yes interest rates are rising… But if you’ve been preapproved have talk to your broker – see what difference it makes to your home purchase….. and the big picture of your monthly budget it’s not going to big of an effect. You just need to stay within YOUR budget as Buyers always should have and need to to avoid trouble down the road!
Trust me there will be a home YOU LOVE in the price bracket you are approved for and shop with in!
1- This is a great time for first time home owners to enter the market, as there are more days on market for the homes that are listed, giving buyers a chance to shop confidently and not feel rushed! As well First time homebuyer stand a chance in this market when things were so crazy they didn’t stand a chance because their offer needed to have conditions
2- This is a great move up market… It gives buyers who have a home to sell a chance to have a clausal offer meaning they have time to sell the current home they’re in as one of the conditions to purchase an upgraded home
3- there are not going to be competing offers or homes selling for over list
4- People ALWAYS need to move or relocate
5- there is ALWAYS going to be Buyers entering the Market either as first time home buyers, repeat buyers or investors
Current Market Successful BUYER
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