I wrote about a few deals in Lilburn a couple of weeks ago. On November 20th, I posts Lilburn Deal #4, which was a house listed at $314,000. And I think it was a GREAT deal... $75k in current equity. It just came up in my feed as<!--more--> "Pending Sale". Someone is scheduled to close on that home on December 23rd... and that is a SERIOUS Christmas present. The point of the post is this:
I have dealt with a lot of buyers in the last few months that don't think properties are selling... they are.
If you think the property is a deal, there is a good chance that someone else might be thinking the same thing. If you were thinking... Gee, that looks like a cool house... I'll look at it after the holidays... You might have just missed your chance. Even though it is the Holiday Season homes are selling. People are moving and people are looking for new homes.
If you are looking for a new home (or a "new to you" home), this is a good time to do it. Sellers are motivated. Deals are available. And the timing is good. The $7500 FTHB Tax Credit is going on right now...
Call me. Let's find YOUR deal.







Yep, I'm finding investors and first time buyers are back. Will they actually take the plunge, I think so! Good post Lane!
Just like all investing making a decision based on the information you have and having the guts to move forward when others are laying back will return the highest gain.
Laura - We'll see...
Terry - It does.
It surprises me that more people aren't buying, given all the publicity about this "buyer's market" - I suspect there will be a lot of people lamenting that they missed it, not too far in the future, while today's buyers are counting their profits and laughing all the way to the bank.
I have some deals that are selling ... that are REAL STEALS. But others that are great deals that are still getting offers that donn't make the seller bite at all. I mean if a house is listed for $379,900 and someone offers $275,000. I personally think they have just wasted paper. My seller countered at $375,000.
Mararet - There always are people saying "woulda, coulda, shoulda".
Tammy - Maybe... Maybe not.