Hula and The Real Estate Market Today

August 6th, 2009 9:53 AM

It's the countdown, for those of you who are making offers on properties with the intention of receiving this tax credit of 8K this year need to hop to it.

Everyone knows a Short Sale Acceptance/Approval could take 4months so don't think you have a lot of time, time is running out.

Not to mention the fact that the tide seems to indicate that interest will be going up as it has been lately and even the prices on homes have been showing some increases. Yes, the banks are tight and Yes inventory is low but don't let that stop you. It has never been a better time to purchase that 1st home or even vacation property. As the saying goes "This too Shall End" does apply to the Real Estate Market today.

If your just looking and staying on the fence don't make your Realtor crazy be clear with your intentions, and move over there are buyers who are serious and will push you to get that property for themselves. As I continue to work with buyers I have both types and I can tell you 1st hand that sitting on the fence is not where you want to be.

August is the time to get your property once accepted it will be 30-90 days before you can put your feet in to your new home. And that keeps you just under the wire for the tax credit.

Best Advice.....Just Do It, you won't regret the fact that you purchased at a low price, with a low interest and a tax advantage.

See you in the race, Dee


Posted by Dee Fether on August 6th, 2009 9:53 AM

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