Thursday, March 20, 2008

Even In A Buyer's Market...

Here’s something that I just passed on to my past clients, buying again:

It's tempting for a buyer to feel that the world is her or his oyster right now. Prices are falling, sellers are desperate and accomodating, interest rates are still very, very low. But don't get too confident or greedy.

Even in a buyer’s market, the best places sell first, so be prepared to act relatively quickly once you make a decision. (I have a new buyer who went on a two week-vacation to decide what he wanted to do. When he got back yesterday, the unit he wanted was sold).

There are some great deals out there. Find a good Buyer's Specialist. Do your research. Get your financing in order and, when you've got everything lined up, Act.

S/He who hesitates loses; Even in a Buyer's Market.