Happy New Year!
Have you been thinking about buying or selling a home in 2010? If you are a seller, are you concerned that your home's value has fallen? Thinking of buying? Are you trying to time the market, in order to get the best deal?
Well we are glad you asked.
If you are a buyer or seller, there has never been a better time to get your home on the market or get yourself out there looking and planning to make that purchase.
As a home seller, we do not know how long the interest rates will be this low. They are low, buyers are spoiled with this. Any increase in rate, as little as 1%, may shut down this buyers market-until prices fall again! OUCH! So if you have been thinking about selling, you should consider getting your home on the market now.
Buying a home, pretty much of the same advice as we just gave to the sellers. As soon as interest rates increase, your buying power will decrease! On top of that, you need to be under contract by April 30 to take advantage of the "HOME BUYER TAX CREDIT"
So if you find yourself with the thought of buying or selling a home in 2010, you need to get on board right now!
For more information about buying or selling a home in Delaware, contact the Team Sordelet Realty Group. www.teamsordelet.com or 302-476-2057.
We don't know what 2010 will bring us. What we can say is that all the signs are pointing to an increase in mortgage rates! An increase in mortgage rates will do no favors for either the buyer or the seller.
Don't wait until it is too late! Act today! Get in touch with David Sordelet or Iris Sordelet today!