Are you thinking 💡 about buying a house 🏠 in today’s market? Did you know that we are in a highly competitive market and interest rates are at an all-time low? ⬇️!
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A message 📣 from our team leader, Brandon Brittingham:
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One of the things you need to know is, if you’re a buyer, is to be prepared because we are in a highly competitive market. Interest rates are at an all-time low. We’re seeing rates for some individuals under ⬇️ 3%, which is just unreal and unheard of.
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So if you’re thinking about buying 💲, especially now, before you go out, you need to speak with the lender to get a preapproval. Because it’s so competitive, you may go out and look at a property 🏡 and not even have time to put a bid in if you aren’t already pre-approved. The other thing, because of COVID 🦠, most sellers will not allow you into their home without your agent providing a preapproval upfront.
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But more importantly, the last thing you want is to go out and see the house 🏠 you really want, and you miss it because we’re in such a competitive market because you weren’t ready and you didn’t have your pre approval.
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There are various loan programs that are out there, from FHA to USDA, conventional, but in some instances, you may have to put 0% down. There’s all kinds of different programs that are out there that you need to know and understand what your payments 💵 are going to be and how that process works prior to going out and seeing a house, especially in today’s highly competitive market.
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So if you’re interested in buying a house 🏡 and just want to know what your options are, what different programs are, or you need help getting pre-approved, give us a call. We’d be more than glad to help you and put you on the path to home ownership!
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The Maryland and Delaware Group of Long & Foster Real Estate
☎️ D: 443-783-3928 O: 443-339-9200
www.easternshorehomesolutions.com