Another week has gone by and it's hard to believe Thanksgiving Holiday Weekend is already over! I hope everyone had special time with their family and friends... and has no regrets about eating all the tasty, tasty food. My post-Turkey Day diet has already started -- and been ignored. Yay, festivus! For all the cooling off that Thanksgiving brought us to the inventory out there, it's already briefly heating back up.
Some of the sellers putting their homes on the market right now are READY to rock-n-roll... just look at it by some of the great prices buyers will get this season. As I predicted, we've got some brand new homes out there (listed in my picks of the week) that likely won't come back at this price in the Spring. Everyone else's distraction can be your advantage. It doesn't hurt to take a look at some gorgeous homes with us! And think of it this way: you want a great deal, well, even with a competitive offer timeline, you're likely still closing in January rather than over Christmas! (Unless you want to!)
As I predicted, we've got some brand new listings out there (below in my picks of the week) that likely won't come back at this price in the Spring. Everyone else's distraction can be your advantage.
It doesn't hurt to take a look at some gorgeous home with us!
There are so many strategies to buy at the "right time" that honestly, the answer "it depends" is not a dodge -- it's the truth. For some buyers, this is a perfect time to buy and sell because they have to move quickly, they want to deal hunt because they're just unable to pay a premium for properties in the neighborhoods they want to live in, or they just like moving in cold weather. So, whenever people ask me that and I give them that answer, it's because agents need to know more about your motivations to buy. I'm all ears.
The Word of the Day, Fam, is... Appraisal
I've been working with an amazing client who is purchasing a gorgeous condo unit in a new building. We had to offer a price over list to be able to cover their closing costs through the lender & seller. (Don't know what that sentence means? Ask me!) . As the units were brand new, there was very little the appraiser could do to "find the value" at higher than what the units were selling for, so we had to present her with options. Watch my video below to learn all about the options!
An Appraisal occurs when the bank working with the lender for your mortgage physically visits the home you want to buy to try to find the "true" value of the home. That's because the bank doesn't want to lend you more than the home is worth.
Liz's Picks of the Week
Charm Packed into Every Square Foot in Capitol Hill
(Psst... I'm hosting an Open House for this one on Saturday from 2-4 PM...!)
Southern Semi-detached Sun, Steps to Lincoln Park, Open Floor Plan, Exposed Brick, Renovat...
Spacious Split-Level Condo Close to the Metro
Builder raised the ante, put a butler in your pantry. Forget everything you thought you kn...
Sunny & Modern Condo in Bloomingdale
Newly renovated Top Floor condo is your chance to own in growing Bloomingdale/Eckington. L...