Beverly Jeffery's Real Estate Blog | Douglas, WY | Buy House, First Time Home Buyers, Community, Homes for Sale, Morgage

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Beverly Jeffery
REALTOR®

    GRI: Graduate REALTOR® Institute
    15 Years Experience in Real Estate

Direct: (307) 358-3586



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Buy House

Things to Know When Buying a House in Douglas, WY

Friday, September 25th, 2009

In my 15 + years in Real Estate i have seen the interest rate as high as 10 to 15% & the Buyers still purchasing.  I know no that people have been worried about job security but if your credit score is good and you can afford it, it is a good time to buy.  People still seem to want to own their own homes.

The National Association of Realtors (NAR) are backing a bill to EXTEND & INCREASE the dollar amount that will help Buyers with the down payment.

Thing that I find most important to Buyers is before you start to look at homes, go to the Bank and have the person in charge of Mortgage Loans and have them qualify you.  This way you will be looking at home in your price range and won’t be viewing homes you can’t afford. Also, you will when you do find the home that is right for you, you and make an Offer To Purchase.  This really effects the way a Seller looks at the presented offer.

I like making both Buyer and Seller feel like they have entered into an agreement of a “Win/Win” situation.

After All:  THAT’S MY JOB AND MY GOAL” AND HELPS ME SO THAT THEY ARE HAPPY ENOUGH TO RECOMMEND ME TO OTHERS.

Good Time To Buy

Thursday, May 28th, 2009

When you begin to see people willing to fight for a property, that’s a good sign. Although many markets are far from fully shaking off the down turn, the pick-up in multiple offers is a reason for optimism.

Rates for 30 years, mortgages are still below 5%.

Six Reasons Why it is Still a Good Time To Buy

Wednesday, April 15th, 2009
  1. $8,000.00 tax credit
  2. About 800,00 new households are formed each year in the country, insuring that the housing market will tighten, even if the economy doesn’t soar.
  3. Put $10,000 into the stock market and it earns 10 %, you’ve earned $1,000. $10,000 down on a home and its values increases 10 percent, you’ve made $10,000.
  4. When prices come back up, you’ll have instant equity.
  5. Mortgage costs stay the same on a fixed mortgage–while everything else goes up, including rent.
  6. You own it. There is something comforting in the notion that your home is your own. The can have a dog, paint the house any color you want and have all the company that you want.

Source: Wall Street Journal, (03/27/09)

Market Recap

  • Avg. Sales Price: $1

  • Avg. Days on Market: 1

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