In a perfect world we would all live in a single family residence in the area of our choice. Reality is it’s an extremely tough market for the buyer with high demand and no room for new homes. Today Joe suggests options that you may not have thought of as you navigate this extremely tough market.
Although the housing market is hot, hot, hot right now the housing market will face a correction. We don’t know how bad or when, but one will happen eventually. Later on Joe helps us prepare for the eventual downturn by explaining what you can do to be prepared. No plan is full proof, but an informed decision is usually a smart decision. Specific topics include:
- Consider buying condos, high rises, town houses or new downtown developments now
- Partnering with a parent, sibling or other family member for more buying power
- Asking the realtor or lender why you are losing out on offers
- Leasing to own
- Making sure you’re in the correct mortgage program if a downturn occurs
- Reasons you might refinance with 8 or fewer years left on your loan
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/. Read more at http://radiolive.rerl.libsynpro.com/#xhDOuqiFWVEfL1qw.99