Wait For Market To Bottom Out?

WHY?????

Who or what has the super secret insight and knowledge to know, or predict, when the real estate market will bottom out? And ask this question in full awareness that there are different bottom lines by region and type of property.

For example, the commercial warehouse market has remained strong in the Greater Miami area while the housing market has plummeted. The South Florida condo market is a disaster in more ways than you can imagine, but other areas of the country are doing quite well. Some areas of Miami have fallen somewhat while others have totally disintegrated. So where does this leave you? It's really quite simple.

If you want to buy a home, and if you have the cash for the down payment and closing costs, and the credit for financing, then you should be in the market --NOW!!! You should get pre-approved, not pre-qualified, and enter the market -NOW!!! If you are a serious buyer there is absolutely not one reason for you not to get pre-approved. It costs nothing, takes but a few days, and tells you how much a lender will lend, what your monthly payments will be, etc. All of this is information that is useful to you, and it puts you in a strong position when you do enter the market.

So, armed with your pre-approval letter you enter the market and begin your search. You must understand that some properties are already listed at inflated prices which no reasonable seller has a right to expect, and that no lender will ever lend on. However, there are many other properties that have already been discounted, and which are offered at a reasonable price. Even these prices may be inflated and negotiating is called for. The objective is to find a product that you can purchase at roughly 2002 prices plus appreciation to now. It costs you nothing to make an offer, and you will be surprised at what you can do to be enjoying your own home instead of paying rent. We have the patience to help. Please contact us @ www.analar.com.