Home Buyers! Are Your Expectations Realistic?

December 7, 2009 by Shawn Stagg · Leave a Comment 

Queen Creek Real Estate Sold signWe all know that right now, it’s pretty much a buyer’s market when it comes to housing. There are some very motivated sellers out there, and some great deals. But, are your home buying expectations realistic?

Right now, housing prices aren’t terribly consistent. You can chalk this up to Queen Creek short sales and foreclosures, some sellers who are ready and willing to deal, and other sellers who have fantastic properties for sale, but are also willing to wait for a buyer who will pay what, in a stable market, would be considered quite reasonable. It’s not easy to predict pricing these days, and sometimes folks have the impression that they are going to get a castle for the price of a shack.

Let’s do a reality check. There are some very nice deals out there – especially for those who are interested in snapping up a short sale or foreclosure. These deals can be great, but take a long time to process, and often the homes require repairs and upgrades.

For a move in ready home, with amenities and upgrades, and where the seller isn’t in a panic, you’ll find that prices are higher (and understandably so). What this means is that before you start shopping, you need to do your homework and get a solid grip on what you can expect to get for the amount of money you want to spend. Work with a qualified agent, and remember to keep it real and stay within your budget

Visit my Queen Creek Site for more information
www.shawnstagg.com

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