Saturday, October 18, 2008

How to Buy a house in a Real estate market Fueled by FEAR


Are you having a Hard Time pulling the trigger finger on the HOUSE of your dreams?



You’re not alone, Many home buyers are looking, waiting ,looking, drooling … looking, longing … looking and wanting to buy a house.

Why don’t more make a move, when it’s a fact that in many real estate markets throughout the country, Prices are LOW the lowest in 6 yrs. here in Phoenix.

Fear turns the dream of homeownership into the perceived nightmare of high risk. In most cases, fear is the number one culprit in letting go of your housing dreams:


Fear of Wall Street worries.


Fear of employment security.


Fear of buying at the wrong time


Fear of the current state of finances in the country.
A lot going on in your head.


There’s a little bit of fear (in the real estate market). It is always hardest to react when you’re afraid. All the money to be made is when you go against the trend.


This is when you want to buy, FACE the FEAR and Do It Anyway's

How do you buy a house in a real estate market fueled by fear?
It will take a little courage these days to buck up and buy your dream house.
It will take a little courage these days to move from the wish list to the shopping cart.

It will take a little courage these days to shut out the noise of worry and negativity and follow your own path.

The first key is to realize your intention..
1. Write it down.

2. Verbalize it.

3.Visualize it.
4. Next, gain knowledge.

5.Get at least three referrals for a mortgage broker from your local real estate agent and from trusted friends or co-workers who have made a recent move.

6.Visit a mortgage broker and get pre-approved. Then sit down with your pre-approval and work out what the numbers..you don’t end up overextending yourself.

7.Can you still buy groceries, pay your utility bills and maintain your desired lifestyle without a big drain on your finances?

8.You must speak to a real estate agent who has a pulse on local neighborhood values - for current and past markets.


Don’t settle for less than someone who does their due diligence and housing homework.

For a buyer right now, inventory is higher and in Phoenix Arizona, current real estate prices are at 2002. It is TIME to Buy your Dream HOME .... Send me an E-mail

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