Parade Magazine Offers “The Best Strategies for Right Now” in Real Estate
The most recent Parade Magazine outlined several of “The Best Strategies for Right Now” in Real Estate.
For Buyers:
• Be an attractive risk- get your credit score as high as possible.
• Buy only what you can afford – the minimum down payment has returned to about 20% and you should spend no more one third of total pre-tax income on housing costs.
• Choose your loan carefully-look for a 30 year fixed and use the internet to do research.
• Make an offer- Sellers are anticipating having to drop the listing price.
For Sellers:
• Think twice before you sell- if you don’t need to sell, this might not be the right time.
• Find the best Broker- Houses were selling themselves a year ago, now you are better off paying a full commission to a local agent to ensure that you get the best service.
• Make sure the price is right- A good agent will know what numbers get the best responses from consumers.
• Know which way the wind is blowing. Know the direction of pricing in your local market.
We agree with and support the above strategies. The Park City, UT real estate market continues to be better than many parts of the nation, however, it is a buyers market and there are bargains at every price point.
We are experienced in the Park City market and if you have any real estate questions, please contact us at http://unlockparkcity.com
