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Buyers Have The Power in Gwinnett County Housing

Posted by Matt Hermes on Wednesday, September 9th, 2009

I read this article from MSNBC.com this morning and wanted to share it with you. The reality of the current housing market is this. Sellers must price their homes to sell. If a home is not priced competitively or aggressively (there is a difference) then Buyers will not take a hard look at your home.

Buyers also need to be aware that getting a loan is not what it used to be. If you are planning on purchasing a home in sixty days, now is the time to get moving on finding a lender, getting ALL your loan documents prepared and be ready for a higher down payment that what you probably are expecting.

Here is a link to the article:

http://www.msnbc.msn.com/id/32739806/ns/business-economy_in_turmoil/

Need more information on buying or selling a home? Give me a call. The time is now. Remember the $8,000 tax credit program is getting close to ending.

 

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