To Buy or Not to Buy?
This is a very common question in today’s market, especially for first time buyers. I say definitely BUY! Rates are the lowest they have been in years and there are some great deals to be made. The inventory is packed with many short sales, REOs, foreclosures, and bankruptcies. There are so many that lenders are having a hard time keeping up with all of them. The lenders do not want them on their books. They are lenders…not property managers. They have no interest in keeping these in their portfolio. So like I said, buy now while prices are rates are low. This scenario will not last forever.
-John Donahue-Broker (DRE#00577514)
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