I’ve been talking with several of our lenders over the last few days who we’ve worked with closely over the last several years. They are all full time professionals who have been in the industry for a long time. They have watched the trends and know the historic significance of market shifts. Much has been said and printed about the current mortgage crisis in our country. While much of this news is grounded in a bit of truth, the fact is there are still incredible loans and interest rates available to qualified buyers. But the standards and criteria are tightening and the window of opportunity may be shrinking. The lenders are telling me that we have a 60 – 90 day window of opportunity before rates begin their climb again. A move of only a half point can eliminate a potential buyer from the market. What does this mean to you or someone you know? Now is the time to be buying property, whether a personal residence or investment property. We are seeing factors in our market that indicate we are approaching, if not already, at the bottom as far as pricing goes. Don’t let this opportunity pass you or someone you know by. Give us a call or feel free to pass this email and my information along to anyone you know. We have the expertise to make your purchase move smoothly with as few hitches as possible.
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