Blog by Patz McMillan
Should You Try to "Time" the Market?
December 13th, 2007
If you're thinking of buying a new home,
you might be tempted to wait until "the
market is just right." That might work for
professional real estate investors who are
willing to take those kinds of risks. But if
you're looking for your next dream home,
trying to time the market is usually not a
good idea.
Why? Because no one can predict the real estate cycle with any degree of accuracy. Interest rates go up and down, as do housing prices - often a lot less predictably than experts care to admit to. If you attempt to wait until just the right moment, that moment may never arrive. And, you'll miss out on some great
Why? Because no one can predict the real estate cycle with any degree of accuracy. Interest rates go up and down, as do housing prices - often a lot less predictably than experts care to admit to. If you attempt to wait until just the right moment, that moment may never arrive. And, you'll miss out on some great
Making a Wish List and Using it Wisely
December 6th, 2007
Depending on how you use it, a "wish list" can either be an advantage or a disadvantage when shopping for a new home. If you use it wisely, a wish list can narrow your search, so you don't waste time looking at houses you don't like.This saves you time and stress. However, if your wish list is too long or overly specific, you risk missing the opportunity to view homes that might otherwise be ideal.
So how do you use a wish list wisely?
That's easy. Simply use your wish list as a guide to point you in the right direction. But build in flexibility so you don't miss out on omes that are a close fit.
Here are some ideas for your