|
Five Smart Reasons to Buy a Home Today
|
|
Posted By - Tissie Chambers - 08/07/2010
|
|
Five Smart Reasons to Buy A Home Now
RISMEDIA, July 30,
2010--The economy is stabilizing. Home prices are holding. It's not
just as good a time as ever to buy a house. It's one of the best times ever.
ForSaleByOwner.com presents five overlooked reasons why now is a great time to
buy a house.
1. Low mortgage rates serve as an equity shock absorber. When
buyers borrow at today's record-low rates, they start building equity as soon
as they close. That means they have a little give to absorb a few ups and downs
as the still-recovering housing market gains traction.
2. Houses are in move-in condition. Homeowners have continued
to spend on maintenance and repair, according to the Harvard
Joint Center
on Housing. Homeowners who have been holding back kept their houses in good
shape while they waited. As those houses enter the market, they are in marked
contrast to tattered foreclosures.
3. Terrific houses are coming on the market. Foreclosures are
finally starting to clear the system - and this is just the opportunity that
owners of many desirable properties have been waiting for.
4. Appraisal regulations are finally aligned with market realities.
Fannie Mae has adjusted its appraisal guidelines...again. Now that appraisers
have more flexibility to set values that reflect the current market, today's
deals will make it over the finish line.
5. Plenty of programs. Homes are more affordable than they
have been for years, but communities have stuck by "workforce
housing" programs that encourage middle-class families to buy houses.
Buyers who qualify can get a big boost by combining one of these programs with
today's low mortgage rates.
|
|
|
We Need New Rental Properties
|
|
Posted By - Tissie Chambers - 07/06/2010
|
|
Well, I have rented out all the properties we have........I need some more! So, I have a new Plan B.......it's a doosie!
Normally, our Plan A program will manage your property for 10% of the monthly rent. We find you good tenants, collect rents, and maintain the property for you. 'Nuff said! We still implement Plan A, but are you ready to hear my NEW Plan B??
Now, I have been contemplating a Plan B for a tad bit........it dawned on me that not all of you want us to 'manage' your property, you want to manage it yourself. So, for you FRBO's (that's what I call you-For Rent By Owner!), I believe I have a solution for you and me.
See, I have people calling me weekly hunting rentals, and I have rented all of our current ones out. And, I need some more rentals in our portfolio. People want to see rental properties, and I want to show them. So, here is what I can do.......you let me advertise your rental for free, and I will try to rent it for you!
You're saying "what's the catch?".......well, it isn't really a catch ('cause I'm not that kind of person), but I do feel that if I find you a good renter and bring that person to you, that you will offer me a minor fee for the referral. Since the MLS isn't set up for rentals to be entered in the system, you will NOT be under any kind of listing contract (it's called a referral agreement). All I require is 1/2 month's rent (a one-time fee) for bringing you a good tenant that signs the lease. Now, that didn't hurt, did it? Pretty fair too!
Oh, and listen to this.......if a fellow real estate agent calls me to find your rental out of my portfolio, I will split that 1/2 month's rent fee with them. So, you are now getting the same benefits, as if you listed it on the MLS!
Call Tissie Chambers 865-705-9080 and I will be glad to explain it fully. Time's a wastin'.........
|
|
