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Home Sellers: Is 2009 the Right Time to Put Your Home on the
Market?
As 2009 winds down, savvy home buyers are looking to leverage the Obama
Administration’s Tax Credit to their optimum advantage. Slated to end on
November 30th, the tax credit is sure to create some activity with buyers as
2009 winds down and the November 30th deadline looms. This might be an ideal
time for some home owners to put their home on the market and take advantage of
this in 2009 versus waiting until 2010. However, NOW may be the the time to move
on this for many home owners.
If you would like to find out if now would be a good time
to put your home on the market, I am offering a free consultation for a limited
time to help home owners weigh the pros and cons in order to make the best
decision. To take advantage of this offer, please contact me today to schedule
an appointment. Don’t miss out. |
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Mortgage rates drop this week. This is a great opportunity RIGHT NOW for smart buyers and investors!
Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac.
This is a great opportunity for buyers. With historically low prices, lowered interest rates and the $8000 tax credit stimulus, make sure you don't miss out. The tax credit stops at end of year. If you want to time this, you really should start your home search now to ensure you don't get caught in the end of year crunch where other procrastinating buyers will be competing for the best properties and values. Call me to set up a free, no-obligation consultation and I can help you strategize how best to move forward. But I recommend you move now and don't cheat yourself out of this opportunity.
Here is a breakdown of the mortgage rate developments this week:
- The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago.
- The 15-year mortgage declined to 4.69 percent, down from 4.77 percent.
- Five-year ARMs were down to 4.82 per cent from 4.88 percent.
- One-year ARMs fell to 4.82 percent from 4.94 percent.
Call me or email me to set up a consultation, or pass my information to a friend or colleague who you think might benefit from this window of opportunity. |