People are always asking us, "Is it a good time to buy?"
Wellll...let me tell you about the deal Yahyaa got!
This buyer was referred to us by a wonderful longtime friend (thank you, Megan!!!
), and we are incredibly gateful. Yahyaa was an absolute pleasure to work with, and we LOVE his renovation ideas for his new home. We cannot wait to see what he does with it!
This guy got a killer deal on a super cute home in Parker. When I say he got a deal...y'all, he got a DEAL.
$465k purchase price
$10k in seller concessions toward closing costs, prepaids, and a rate buydown
Appraised at $475k
That's $10k in immediate equity based off the appraisal, PLUS another $10k from the seller to help with the cost of buying and bringing down his interest rate. That's $20,000 in value before he's even had a chance to move in!
People, I'm telling you - if you've been waiting to buy, pay attention to what is happening right now.
Yes, rates are higher and have been creeping into the 7s. But...if you can buy a home BELOW appraised value AND negotiate seller concessions to buy down your rate, THAT is a win-win!
There are deals to be had in this market. You simply have to know how to find them - and how to negotiate them. That's where we come in!
Yahyaa, it's been a pleasure! Congratulations on your cool new place! We cannot wait to see what you do with it. Welcome to Parker!!!