"I'll hold off buying a home until next year." If you've thought of purchasing a home, but don't want to deal with the process now, you've probably had this thought cross your mind a time or two. A pretty common tendency to hold off things on our to-do list, especially the ones that seem like a lot of work. But would you hold off the task if I told you that waiting could make a difference of tens of thousands of dollars? Meaning it could cost you a $10,000-$50,000 (or more) difference to get the home you want today, in 2019's market.
It's anticipated, by the national historical trend report, that homes are on the rise by over 5% each year. That house you've been eyeing online, listed for $225,000, could be listed next year for $236,250. That is over $10,000 more just for waiting till 2019. This isn't even bringing into question the rising APR rates for mortgages, that can increase your monthly payment amount on a home pretty significantly, as well.
I get it, the home buying process can seem pretty intimidating. But with an experienced agent on your side, it can actually go pretty smoothly. Let's get in touch. It won't hurt to connect you with a preferred lender and run the numbers through to see what you qualify for. The right time is always right now, I want to help you save the money you deserve to keep, by avoiding the wait.
This content last updated on Wednesday, August 12, 2020 5:30 PM from BRIGHT.
This content last updated on Wednesday, August 12, 2020 5:00 PM from CAAR.
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