It has been a rough week in the mortgage industry – rates have moved up. However, there is a real silver lining for each buyer out there. Learn more from Angela Warner, Loan Officer at Highlands Residential Mortgage on how you can find the right home “to marry.”
~Buyers are able to put in offers and not compete with ten other offers.
~Buyers are able to put down realistic amounts of due diligence money.
~Buyers may not have to offer well over listing price just to get their offers considered.
~In some cases, there are even seller concessions.
~And when rates come down, as they have done during the last seven recessions, buyers can refinance.
~You are already in your dream home and this means you are not competing with ten other offers.
If you’re looking to purchase a home, remember the house is the long-term goal. Property values continue to increase, and we all know rates fluctuate. Buy today to lock in the home price. Date the rate! Marry the house! Interested in learning more? Contact Angela.