Now the other big worry is that there are
lots of home buyers who got preapproved for a mortgage.
Not exact matches
In a country where nearly three
of every four Canadian households own their own
home, any policy designed to limit the pool
of potential
buyers could negatively impact a
lot of families (and could therefore make the politicians
who introduce it very unpopular).
This benefits
home buyers who don't have a
lot of money saved up for downpayment; and,
home buyers who would rather save money for moving costs, emergency funds, or other needs.
«We had a
lot of buyers who were very eager to enter the market, and they were bidding on a limited number
of homes, particularly in premier neighbourhoods,» said Hung.
This makes it hard for regular
home buyers to compete, especially first - time
buyers who don't have a
lot of capital.
«If you had a longer amortization period left and you don't have a
lot of equity in your
home — especially if you're a new
home buyer who was stretched to the max when you bought it — those are the people that should consider making extra payments in the case
of a job loss, or the death or disability
of a spouse,» he says.
These programs offer some form
of financial help to
home buyers who don't have a
lot of money to put down when buying a house.
This benefits
home buyers who don't have a
lot of money saved up for downpayment; and,
home buyers who would rather save money for moving costs, emergency funds, or other needs.
This is a big advantage
of income properties —
home buyers who buy cashflow negative properties with leverage and rely on appreciation to generate returns (which is why a
lot of investors consider this speculating) can be devastated if the market takes a downturn, but properties that generate a nice cash flow every month aren't affected.
We work with a wide range
of buyers, including those
who want to purchase a full - time condo or town
home (from $ 350,000), invest in a share
of a vacation
home (from $ 150,000), or design a dream
home on one
of our oceanfront
lots with a prime marina slip (at just $ 199,000).
«There were a
lot of buyers who were on the fence,
who were renting and maybe weren't sure if they were ready, and this first - time
home buyer tax credit got them off the fence,» said Kelli Bennett, a mortgage loan specialist with Key Mortgage in Southern Pines.
We do a
lot of wholesaling and our best
buyer is an Hispanic real estate agent
who has a ton
of buyers for lower price point
homes.
Is it a top producing agent in the office
who has sold
lots of homes, is a skilled negotiator, knows the market and is working with active
buyers?
A
lot of people
who lost their
homes in foreclosure seven years ago are now able to buy a
home again, so we're seeing a
lot of buyers come back.
As a REALTOR ®, you sell a
lot of different types
of homes, but to capture the attention
of homebuyers
who want to buy a specific kind
of home, the more descriptors you can link to your site, the more
buyers you'll attract.
Allow me to be cynical because I'm working on the ground handling
home sales and purchases daily — think a
lot of FHA
buyers (
who put only 5 % cash down) want to buy their
home not because they need a place to live (there are already an abundant number
of affordable places to rent).
Meanwhile in Leander, she said there are a
lot of options for
buyers who want a newly built
home, which may make it harder for sellers to get a higher price for their
home.
When selling to
home buyers who are going to live in your
home, that means that you have to spend a
lot of time and money dressing it up to be more aesthetically pleasing.
I do think a softening in the rate
of growth
of prices will actually stimulate longer - term demand from
buyers who have been waiting on the sidelines (a
lot of baby - boomer retirees and people
who have flexibility in their decision making, work - from -
home etc.), so I see a bit
of a see - saw effect between the pure seller market and the pure
buyer market.
Home buyers who are in the market for a loan typically have a
lot of questions.
Luxury
homes have a
lot of appeal, particularly among affluent
buyers who are looking to invest in a valuable property.
If the
home has a
lot of deferred maintenance or a dated floor plan and is located on an attractive
lot, it may a
buyer who wants to start from scratch.
Mary Kay Irving: Sellers actually have a little bit
of an advantage in this market currently because we have such a low inventory with the economic downturn, people had been holding off on selling and so right now because
of the low interest rates we have a
lot of buyers but not enough inventory, not enough property for them, so it's a great time for sellers and my recommendations for them would also be to hire an agent but to make sure that they get a pre-listing inspection done and so that they are not caught by any surprises
of work that needs to be done and that the
buyers will be asking them to do and also that they make sure, if they've got, money is available to look into getting a consultation from a stager, a professional stager, at the very least they need to be making sure everything is de-cluttered and arranged properly, so sellers
who do hire a professional stager actually sell their
homes much more quickly and for a higher price, for higher final sale price, so it's in their best interest to actually hire a stager.
For unattached
home buyers who have a
lot of money to spend, they might want to target one
of the following cities, according to a recent «Best Places to Live» list compiled by CNNMoney.
This benefits
home buyers who don't have a
lot of money saved up for downpayment; and,
home buyers who would rather save money for moving costs, emergency funds, or other needs.