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Finding real value in opportunity Home Buyers: We will determine "market value" by looking at the condition, location, price and days on market to see where value lies. Knowing this and how the market reacts from other buyers is one of the best determining factors. Many times homes have a low listing price to obtain offers. Some homes go for 5-10% above asking as rates remain low and purchasing power rises. With prices low and the cost to finance relatively cheap it makes a purchase beneficial and pulls buyers into the market.. Market Pricing is FROM BUYERS not Sellers: "if you do not have an ability to Buy, no one can sell" An in-depth look at where current market conditions are at the time of purchase is essential. Investment: Currently Banks have priced foreclosures at historic fire-sale levels. Cash flow, appreciation and tax write offs are a great way to profit while being an investor. Being able to keep rents reasonable will help keep the vacancy rates low. Also a good habit to get into is trying to really keep a good line of defense against undesirable Tenants. We have many buyers that will buy a home with a granny unit to rent and help offset their mortgage. If you know of someone struggling with their house payment and can not receive a loan modification that reduces the payment and loan amount to acceptable levels, call us about doing a Short Sale. Read More Lets talk about achieving your goals |
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Craig Bassignani |
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