As A Buyer Is It Still Beneficial To Purchase In This Market

Dated: 09/26/2016

Views: 385


Yes!!!!!! is still beneficial....

The average selling price in August 2015 was 185K and this year in Aug 2106 is $205,000 that’s a $20,000 difference this increase in value can affect your mortgage payment by almost $100. So, if you are in the market to buy now is the time before prices continue to rise. With interest rate at all time low, TODAY is the time to purchase your first home or investment property.

MORE BENEFITS AS A BUYER:

Over the years I have seen many clients take the first step to purchase their first home, but there has been one major setback that I have seen is Buyers not having enough funds for Down Payment and Closing Cost. If we consider the average selling price for AUG 2016 of $205,000 and the minimum Down Payment for an FHA Mortgage is 3.5% that’s $7,175 not including Closing Cost which is about $8,200 all together that’s  $15,375 that you as a buyer will need to purchase a home in Central Florida. WOW!! That is a lot of money.

Now as FIRST TIME HOME BUYER we can help you get up to $15,000 for Down Payment and Closing Cost; of, course you must qualify but let us handle that. NOW with this added assistance a HOME PURCHASE is more realistic. If you want more information Gives us a call @ 407-734-0334 or visit our website www.cmfloridaproperties.com

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Cesar Sanchez and Magda Aquino

We believe that knowledge, communication, and dedication are some of the keys for success in life and as Realtors we strive to make sure that our clients whether they are buying, selling, or investing....

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