There are many new programs popping up or being renewed in the lending world.
Do not be fooled by ads that sound too good to be true. Check with a good lender, (we can give you a list) you will find interest rates low and programs for 1st time home buyers , gifting to kids to help with down payments, as well as Others, USDA, Washington State Bond, Conventional, FHA, 203K Streamline Loans for Purchasing, moving up, or refinancing. So Our Market is coming back Call Lets Chat.
It is a great time to buy and sell, and winter is just around the corner, (Ouch those are nasty words) but true the market will slow, down a bit like any normal year.
Sellers and their agents need to know the following, tough Love from your Realtor is hard for us to do but very necessary in a market like we are in. Realtors are hungry for sales and afraid to lose a listing in this market. So they do not approach a seller they are working with and discuss proper pricing in the market today, or repairs, smells from animals, housekeeping, clutter, staging, etc. Having listings that are not selling is costly for the agent and the seller, make sure your seller understands the numbers that it will take to sell the property.
If you have no equity and cannot pay the costs to sell, a hard decision must be made by the seller and agent. Should you sell?
If you are not getting showings or offers there is a reason, items above mentioned are problems that hinder offers. Price is the biggest reason for not selling; a new analysis should be done every 7 to 10 days to see what is happening in the market place. Be a partner with your Realtor and have good communication.