Are you thinking/dreaming of buying a home?  Time to get serious!  There are a lot of homeowner wanna-be’s out there who have been looking, thinking, waiting for the “right” moment, the perfect house, the lowest price, the interest rates to bottom out.  Well, rates have bottomed out and they’re on the rise!  My company’s in-house lender spoke to us yesterday to let us know thatinterest rates are steadily on the way up and will most likely continue that path.

Keep in mind–rates are still under 5% if you have good credit and slightly over that for some other loan packages.  Those are still amazing interest rates that can save you bundles of money over the life of your mortgage loan.  But they won’t stay this low forever!  Time to get serious about your intentions and make a decision!

Ask your real estate professional for a referral to a lender or lenders in your area.  Talk to them and find out what kind of programs they have that could work for your particular needs and circumstances.  And do some comparison shopping! But be sure you’re comparing apples to apples!

As a REALTOR, I’ve worked with clients who just cannot or will not make a decision.  They play the “what-if” game–what if something else comes along?  What if rates go lower?  What if I change my mind?  What if I could find something else for a lower price?  What if…?  What if…?   What if….?   Well, what if rates go higher?  What if the house you really like gets snatched up by someone else?  What if home prices go up?  What if you just got off the fence?  Either decide to buy and do it, or decide not to and move on!

Yoda said, “Do or do not–there is no try.”   Just do it!  You’ll be glad you did when you move into your very own home!

I’d love to help you if you’re in San Antonio–please contact me!

Sue