4 Reasons to Sell NOW
Selling a property in this mid-winter market can feel like a challenge. However, beyond the obvious advantages of the Extended Home Buyer Tax Credit, there are other reasons that make this a good time for your client to post a For-Sale sign:
* Sell low and buy low. Because all property values are down, the loss on the property a home owner sells is really only a paper loss because the next property he buys also will be a bargain. If he buys smartly, when prices come back up in a few years, he’ll be in better shape.
* Down-payment help is widely available. While nothing-down loans have disappeared, it is easy to find down-payment assistance for lower-income and first-time home buyers. Programs vary all over the country, but one good way to find them is to search online for “down-payment assistance programs” and the name of your region.
* It’s the perfect time for a fixer-upper!. Besides the $8,000 first-time home buyer tax credit and the $6,500 move-up credit, there are an array of energy tax credits that can make home improvements pay off in cash.
* Good help is available. Truly talented real estate practitioners, contractors, and designers are prepared, available and ready for business.
Call Baverman & Associates at 404-784-1033 today to put your home on the market to SELL NOW.
2009 HOME BUYER STATS
Length of Active Home Search:
* Number of weeks searched: 10
* Number of homes seen: 10
First-Time vs. Repeat Buyers:
* First-time buyers: 41%
* Repeat buyers: 59%
* Median age of first-time buyers: 30
* Median age of repeat buyers: 47
Buyers who definitely would use same agent again: 70%
Actions taken as result of Internet home search:
* Drove by/viewed a home: 77%
* Walked through a home viewed online: 63%
* Found a new agent to help them search/buy home: 27%
Information sources used in home search:
* Internet: 87%
* Real estate agent: 85%
* Yard sign: 62%
* Open house: 48%
* Newspaper ad: 47%
* Home book or magazine: 30%
Data Source: National Association of REALTORS® Profile of Home Buyers and Sellers