In previous years, buying a property was a bit more difficult because there wasn’t a favorable buyer’s market, homes sold quickly, and there wasn’t even the slightest idea that sellers would offer buyers assistance.
But now the market has turned around, and it’s the sellers’ turn to offer price reductions, closing cost assistance, and more.
THE BUYER’S MARKET IS NOW.
Don’t worry about the interest rate—once it’s lowered, you can refinance and secure a lower rate, but remember you’ve already bought the home at a better price.
The market we’re dealing with right now is slower but more secure, creating more opportunities for buyers.
This image shows a statistic indicating that properties are staying on the market for over 60 days on average, which is now normal.
This statistic, or result of studies, tells us we shouldn’t rush and have more time to make the best decision and buy a home at an excellent price.
Why can we negotiate intelligently and without pressure?
That’s where real estate agents come in—we handle negotiations or help buyers navigate the offer process.
And it’s especially important now because these buyers are taking advantage:
*First-Time Buyers: Young professionals or employees who have the opportunity, and as a Realtor, I can help with the purchase, assist in requesting closing cost assistance, or even reduce the price, depending on each buyer’s needs.
We have buyers who have the money for closing, while others only have the down payment. That’s where I request assistance so the buyer only needs to bring 3.5% for an FHA loan—because if they don’t have enough for closing costs.
That’s why having an experienced and skilled Realtor is so important—to ensure you, as a buyer, get the best benefits and assistance.
For example, if you want a $380,000 property, we’re talking about an FHA loan where you need to bring the 3.5% down payment plus closing costs.
I try to secure 4% or 5% in closing cost assistance so you only need to bring the down payment.
Remember, with high inventory, we have many more options to get the property at the best price and the right time.
Or if you’re looking for a new home in pre-construction or nearly ready for closing, many builders we work with help buyers with:
*Closing Costs
*They offer interest rates starting at 4.99%, which is excellent.
And as a buyer, you only need to bring the down payment.
Also, remember that the TEAM PEDRAZA helps with the purchase and financing of your home.
A smart local agent can tell you exactly when to move fast and when you can take your time, so you never miss the right home for you.
The TEAM PEDRAZA has over 20 years of experience in Loans and Real Estate – Schedule your appointment at
772-361-5126 – Rudy Pedraza
754-422-5524 – Liliana Pedraza
FREE CONSULTATION
