Great to time to BUY before Christmas and have a NEW home to Celebrate the Holidays! Low Historic Rates and Low Prices Means Time Buy Real Estate! By Real Estate Professional Chris Griffith
Rates are still at Historic LOWS - 30 year loans are averaging the High 3% range for interest rates. Prices on Homes are still low and a time to take advantage of the market for Buying Real Estate. Whether looking to Invest, Buy a bigger home or Downsize to a better fit for your Family needs NOW - It is a great time to BUY!!
The first Step when deciding to buy is to get approved for your loan. Even if getting a small loan then you need to be prepared to have everything ready when you find the right property. The Approval letter is important due to you will have to have in order to submit an offer on most properties, your agent will need to know how much you will need for closing costs/prepaids, closing date, type of loan - depending on condition of the property. This approval is important to know the price range to stay within in order for you and your family to make payments you are comfortable with and not exceed your monthly budget. There are also upfront costs you will need to be prepared for as well. Here are a few to consider depending on your area: You need a Minimum of $1000 for Earnest Money, You approval letter, approximately $350-$500 for the appraisal, be ready to have an inspection on the property once offer is accepted and you are under contract this ranges from $200 and up depending on the square footage on the house. Your Real Estate Professional will guide you through the process and help you to be prepared. Your Real Estate Expert will have contact(s) as well if needed including but not limited to Home Inspectors, Termite Company for Termite Letters, Handy Man Company for Repairs, Loan Officers for Mortgage Companies and Banks, etc. Professional Real Estate Agents in Lakeland, Arlington,Collierville or Germantown areas of Tennessee will be happy to assist you with questions. If you do not have an agent yet then Contact Real Estate Expert Chris Griffith with First National Realty to help guide you through the home buying or selling process. I will be happy to assist with any questions you may have and if looking to see the value of your current home then please contact me directly at 901-461-5590 or visit www.CGriffithRealEstate.com
Great to time to BUY before Christmas and have a NEW home to Celebrate the Holidays! Low Historic Rates and Low Prices Means Time Buy Real Estate! By Real Estate Professional Chris Griffith
Rates are still at Historic LOWS - 30 year loans are averaging the High 3% range for interest rates. Prices on Homes are still low and a time to take advantage of the market for Buying Real Estate. Whether looking to Invest, Buy a bigger home or Downsize to a better fit for your Family needs NOW - It is a great time to BUY!!
The first Step when deciding to buy is to get approved for your loan. Even if getting a small loan then you need to be prepared to have everything ready when you find the right property. The Approval letter is important due to you will have to have in order to submit an offer on most properties, your agent will need to know how much you will need for closing costs/prepaids, closing date, type of loan - depending on condition of the property. This approval is important to know the price range to stay within in order for you and your family to make payments you are comfortable with and not exceed your monthly budget. There are also upfront costs you will need to be prepared for as well. Here are a few to consider depending on your area: You need a Minimum of $1000 for Earnest Money, You approval letter, approximately $350-$500 for the appraisal, be ready to have an inspection on the property once offer is accepted and you are under contract this ranges from $200 and up depending on the square footage on the house. Your Real Estate Professional will guide you through the process and help you to be prepared. Your Real Estate Expert will have contact(s) as well if needed including but not limited to Home Inspectors, Termite Company for Termite Letters, Handy Man Company for Repairs, Loan Officers for Mortgage Companies and Banks, etc. Professional Real Estate Agents in Lakeland, Arlington,Collierville or Germantown areas of Tennessee will be happy to assist you with questions. If you do not have an agent yet then Contact Real Estate Expert Chris Griffith with First National Realty to help guide you through the home buying or selling process. I will be happy to assist with any questions you may have and if looking to see the value of your current home then please contact me directly at 901-461-5590 or visit www.CGriffithRealEstate.com
