There has probably never been a better time to purchase real estate in the history of our country. Home affordability is at an all-time high. Interest rates for 30 year fixed loans are at an all-time low!! You can own a home for comparatively less than what you can rent for, and by owning a home you can get substantial tax breaks while creating equity by paying down your mortgage. Homes prices have gone down below even the replacement cost by 20-30%. Purchasing in today’s market can create a substantial equity position in the future.
In today’s Market the average homeowner has the ability to purchase both Foreclosures and Short sales which in the past has catered more to investors. Purchasing a foreclosure or short sale can create some serious long term equity.
Foreclosures and Short sales have also made the value of properties that have equity (a regularly listed property) go down, also. This means that you could comparatively get just as good of a deal on a regular equity property as you could on a Foreclosure or Short sale. To find the best deal that you can on your property you need an agent who is familiar with finding the best deals in your market place. We specialize in helping buyers find the best deals on the market.
Looking to Buy a House in or Near Salisbury, MD?
The Wicomico County/Salisbury area has had a very high concentration of both short sales and foreclosures, leaving optimum conditions for buyers of Delmarva real estate to find a great deal. Looking for deals closer to the bay? We are also experts in waterfront Chesapeake Bay real estate.
And if you specifically want to buy a house in Salisbury, MD, Brandon’s extensive network of available agents, appraisers, lenders, inspectors and contractors can help you find the right home for you, make sure it’s in the best shape possible, and complete the purchase process as quickly and smoothly as possible.
Home affordability is at a price point where home values were ten to fifteen years ago. This means that home prices are now at values not seen in 10-15 years!! We may never again see a market where real estate deals are this abundant.