Current Tips for Buyers—Great Opportunities Await!
Although loans are more difficult to get than they were a few years ago, and some sellers still want the prices of ’05, the present time still holds a very interesting opportunity for buyers. It’s a buyer’s market. That means there aren’t an awful lot of buyers out there, but there are lots of listings for sale. What results from this scenario is often times a seller is willing to negotiate the price and accept substantially less than list price.
Because real estate is selling for less than it was in 2005, this may not be the perfect time for one to sell their home to buy another, but for investors or for those who don’t need to sell their home in order to purchase another—this may be a good time to buy. In fact, an opportune time. Especially with the low interest rates. Some consider their money safer for now in real estate than in banking institutions.
Another timely offer not to be taken lightly is the 8% tax credit up to $8,000 for first-time buyers—those who haven’t owned a home within the last three years. This offer is for homes bought after January 1, 2009 and before December 1, 2009. It does not need to be paid back if the new home is primary residence for at least three years. Something worth looking into.
Link about the tax credit: http://www.federalhousingtaxcredit.com/
Link to view possible first-time-buyer homes: http://www.morealestate.net/agencysites/c21ozarkrealty/listings.htm Notice listings 10072334, 10072345, 10072353, 10089104, 10095090, & 10089105
View our listings on LandSaleListings.com: http://www.landsalelistings.com/usa/missouri/agents/marjie-dempster/
Marjie Dempster
Managing Broker
Century 21 Ozark Real Estate
P.O. Box 307
Ava, MO 65608
800 605-6543
www.ozarkrealty.com
