Everyone loves a great deal, which is why an estimated 138 million shoppers could be hunting for bargains during the Black Friday weekend. While deals on iPads, smart phones and big screens are sure to be had, there is another category waiting for the right buyers: real estate.
As we approach the holiday season, there are traditionally less buyers in the market, which could mean more opportunity for you. And, closing costs, inspection repairs, mortgage points, etc. are great negotiating tools for a motivated seller who wants to head into the New Year with an “under contract” or “sold” status.
So, if you’re in the market for a home, don’t let the Black Friday madness put you in the red. This holiday may be the once-in-a-year opportunity you’ve been waiting for, especially if you’re a first time buyer. But make sure you’re camped out in front of the line.
•Have you met with a loan officer to get pre-approved, not just pre-qualified?
•Do you know the details of the foreclosure/short sale process vs. a traditional sale?
•Have you set the budget that you’re comfortable with, not what the bank says you can afford?
•Do you understand the market value of the communities you desire so you can make a fair offer?
•Have you committed yourself to homeownership even if it means giving up some Black Friday bargains?
*Please feel free to email me at mgoslee@cbpref.com with any questions you may have regarding buying and/or selling real estate*
Article by: Marsha Webster, Real Estate Groupie
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