We all know the Federal Tax Credit expired on April 30th. Does this mean there are no buyers out there? Does that mean there are no sellers out there? Absolutely not!
If you are a potential seller you need to know that there are still buyers out there. They are serious about finding the home that is right for them and are not motivated solely by the opportunity of $8000.
If you are a potential buyer you need to know that all the "good stuff" isn't gone and sellers are still wanting to get their homes sold. Also, interest rates are still at some of the lowest levels in years.
Christian Johnson of Shelter Mortgage tells me he is locking rates at 4.75% on a 30 year fixed w/ 1% origination fees. For those who qualify the rates are still at all time lows.
There are also many programs in Texas that are available to buyers. These include down payment assistance and below-market interest rates for those that qualify.
So if you are looking to buy or sell your home contact me today. I can help you find the right buyer and seller for your needs.
No comments:
Post a Comment