Now is not the time for timidity when considering a real estate purchase.  It is the ideal time for buyers to decide on the property they truly want.  It is a buyer’s market and if you are a “ready, willing and able buyer,” sellers are desperately seeking you.  Their need to divest and yours to invest can be a happy experience for you both.  Waiting could mean higher interest rates, expensive rate locks, loan programs you were banking on disappearing or seeing a “SOLD” sign posted on the lawn of your dream house. 

If foreclosure or short sale homes are what you are looking for, be prepared to meet or exceed the asking price.  Competition in this area for a highly desirable property can put you in an escalating clause situation.  DO NOT assume you are the only set of eyes contemplating purchasing it.  If you have not gotten financially qualified for a loan, you are just window shopping.  The lending industry is a jungle right now, and you need a professional guide.  Call me.

Welcome to Alicia Croston’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Fredricksburg.