Canyon Lake, Lake Elsinore, Menifee, Wildomar, CA ..Homes For Sale...Get The Inside Scoop!

SHOULD I BUY A HOME NOW?

Here’s the undeniable fact: The market is never going to be perfect for buyers and sellers at the same time. But the good news is that now is a great time for buyers.

Sellers are willing to negotiate lower prices and are also willing to pay some if not all of your closing cost. Some sellers are also willing to carry some paper which may give you more attractive financing terms.

THREE THINGS MAY HAPPEN IF YOU WAIT:

1. Sellers are going to become frustrated and start thinking of alternative ideas instead of selling. This is already starting to happen. Right now you have a large selection of homes to choose from because there is a large inventory. You have a much better chance today of finding a home that suits your wants and needs.

2. As homes become less available and the inventory starts to dry up you’ll be faced choosing a home that may not meet all of your needs and loose some of your negotiating power as well.

3. The market may not drop as much as you think, or interest rates go up and we might already be stable.

I am seeing a lot of foreclosures; maybe I’ll wait and buy a bank owned because at least I know I’m getting a good deal.

WRONG!! Community Lending and Real Estate deals directly with the Banks and Large Investors with their foreclosures and they are not giving these homes away. In many cases the home is as much as any other home on the market. If you do find one that is discounted $20-30 or even $50,000.00 dollars or more you can bet that the bank has already determined that there is at least that much needed in repairs.

Scott Partridge has earned the reputation in Temecula Valley as one of the few “Straight Shooters” real estate agents. He prides himself on giving new home buyers the facts about current Temecula Valley properties so they can make proper long-term home buying decisions.

You can contact Scott Partridge directly with any real estate questions at 951-757-2148 or visit his website at http://www.scottpartridge.com

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Scott Partridge

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Community Real Estate

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