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Dave Kinslowe
314-517-7224
Fall
2011- A great time to
buy!
If you are ready to buy, you should be
able to get a very good deal- smart sellers are willing to
negotiate with qualified buyers in this market. If you
want to look at foreclosures or short sales you could get a great
deal but you may have to buy a property in really rough shape,
and make sure your lender is willing to loan on that kind of
property. That type of property can take several months to
close on also so you need to have the ability to wait out the
process.
If you want to sell in this environment,
you need to take an honest and objective look at your home and the
local market. "Testing the waters" with a price based on comps
from a few years ago may mean you are on the market for 12
months or more with no offers. Buyers are looking for a good
deal and they don't care what you paid or what you "need" to get out
of your home. You also need to make sure your house looks
great without spending a ton of money- ask me how you can best do
that.
Your home HAS to to be on the top Web sites and the
photos have to look great- don't use an agent who can't deliver
a strong web presentation- 90% of buyers are using the Internet
to shop.
THE GOOD
NEWS: Interest rates are fantastic and at historic low
rates for qualified buyers. For sellers, there are still
buyers out there but they are very picky and want to think they are
getting a good deal.
I would be happy to run an analysis of
the market where you would like to buy or sell.
Contact me at 314-517-7224.
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