Are you in the market to purchase your own "HOME" many people in today's economy are contemplating taking advantage of buying in the down market. As a buyer, you have some room to negotiate, or so you would think. The problem is affordable verses a decent. There are many "deals" out there right now, but there are many dumps. I can pull up many listings that may fit into your price range, but buyer beware, not all homes are a "deal".
In many homes that are short sale or foreclosed homes the seller feels they are being cheated out of the home they put much work and effort into purchasing, they bought at the wrong time and will never recoup the amount of money owed. A fair share of these people are taking items with them when they leave, from ceiling fans and fixtures to appliances that shouldn't be removed (like stoves and dishwashers) and in some extreme cases I have seen the AC units and cabinets disappear. Sure they may be a deal, but not everyone has 20-40K in their back pocket to make them liveable. There is a loan for home improvement but the qualifications are intense and not guaranteed.
The homes that are in good shape aren't as plentiful as the previously mentioned dumpy homes and therefore tend to go faster and for more money than they are even listed at. Some agents are even pricing them low enough to get a pool of buyers and taking the best price offered much like a bidding war in some cases.
My suggestion is to do your homework, check out the neighborhood, work with your agent to see what homes are going for in the market where you are looking, and don't assume you can offer a lot less on a property just because of the economy. If you aren't looking to fix up a dump and you want a move in ready beautiful home, you have to be willing to pay for it. Remember the old saying, you get what you pay for.
If you are considering buying a home or want to know what is new in your area give me a call.
Dani 480-695-2010
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