Wednesday, December 19, 2007

Where are all the Buyers??

With interest rates so low, and the market full of homes to choose from, it amazes me that buyers are so hard to find. Look around the Pearl River County area and you can find a house to meet just about anyone’s needs.

Maybe buyers are overwhelmed with all this hype about a “bad market”. The only ones this market is “bad” for are sellers! Never before have there been so many homes to choose from at one given time, which gives a buyer more opportunity to find a special home and negotiate a good price.

I think many people are in the dark when it comes to what the media is touting and what they can actually do in this market. It’s a fantastic time to BUY a house. This is the best “Buyer’s Market” in the past 10 years.

This is also a perfect opportunity for renters to break out of financial slavery to their landlords, and step up to the American Dream of homeownership. Many people don’t realize that they could be owning their own home instead of throwing hard-earned money away each month. It is possible to have a mortgage payment for just about the same cost per month as your rent. And think of the tax benefits of owning your own home. You’ll be getting more money back from Uncle Sam in the long run!

Did you know that there are loan programs for first-time homebuyers that can get you into your own home with little or NO money down? And did you know that it’s possible to ask the seller to pay all of the closing costs involved with getting a loan for your new home so you don’t have to come up with a lot of money out of pocket at the closing table?

Pearl River County also has some of the lowest homeowner's insurance rates in the region - compared to the Gulf Coast and New Orleans.

This IS a bad market . . . . if your are on the selling side. Don’t be fooled into thinking that this isn’t the most opportune time to BUY a home. To see what is available on the market today, go to www.prchomes.com.

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