What If I Wait Until Next Year to Buy a Home?We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained
That Is More Than I Can Pay
Ok, so you have found the absolute perfect home, but it is a few thousand dollars over your max sales price. You didnâ€™t want to go over $200,000 for whatever reason, and you are going to stand firm. The seller needs 210,000 and wonâ€™t budge. Your thinking oh my gosh this is my dream home what do I do. What you do is get your mind off the big number. You have to look at the little numbers. Look at the difference in the payments. It is not as much as you think it is. The difference is $10,000, and at todayâ€™s interest rates the difference in the monthly P&I payment is $53.69. That is $1.77 per day. I donâ€™t know about you, but most Americans spend more than that on a daily basis on much smaller things in life. It would seem easy to me to save an extra $1.77 per day to have my dream home. So if you are negotiating for the perfect home that has all of your must haves and then some. Donâ€™t let the big number get in your way if you canâ€™t get the price you want. Oh and by the way, your property taxes are not based off what you pay for the house. You pay in property taxes the same as the seller paid in property taxes from the previous year.Pre-Approval is the most important part of shopping for a new home!If you have any questions about down payment, monthly payments or mortgage qualification. Give us a call today and we would love to help you. Russell Banki 713-480-0889 www.coolhoustonhomes.com
Russell Banki Owner/Realtor (CNE, ALHS) of Best Priced Properties 713-480-0889 Zing Ventures LLC
Texas REALTOR Hite Properties Cell: 713-480-0889 Office: 936-270-8090 x 109 E-fax: 936-270-8774 Best Priced Properties Team Montgomery County TX Real Estate Experts Client First! We believe ou....
Latest Blog Posts
Honest, knowledgeable, resourceful and care about their client's individual needs. Your Montgomery County Real Estate Experts specializing in new construction, relocation, first time home buyer,
This Just In: Data Says May is the Best Month to Sell Your Home According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you