Low Prices Low Interest Rates
Sunday, May 31st, 2009In this age of getting a bargain, great deal, and that ultimate “steal” we have tried to offer you some of the properties in this neck of the woods that are amongst the lowest available ever. When you look over the history of many of these offerings it’s so hard to believe what they were asking several years ago let alone what people actually paid for the ones that sold. But, that is the course of business as is the case in any industry. However, when the prices have reached the level that we are seeing today, and people call and ask “Will they go any lower?” it’s hard to know exactly what to say. We have no clue. We hope not and cannot imagine the prices could drop any lower. After all, everyone has their bottom line even if no one is purchasing. What we have seen is a time that buyers and sellers have come much closer in their thought of what price is most probably acceptable to sell and buy at. Back to the meeting of the minds and realizing without that there will never be any deal on the table and no cash exchanging hands. With interest rates at an all time low in so many, many months how could you look away and not make a deal on a property somewhere at some price. The unfortunate piece of the proverbial puzzle is the maintenance factor in all the buildings. Each one providing amenities and services that determine how much the maintenance will be. With many owners in financial pickles and buildings in need of more funds to provide those services and amenities the increases will occur. However, when you weigh the cost of owning your own house and all the fees attached to the costs of maintaining your own private residence, owning a condominium is still a great cost alternative. Take the time, call us and let our experienced agents map out a plan of action for you from selling your home or condo and perhaps making a new purchase or renting if you so choose. Look over our offerings this week and let us know how we can help you. If you are so inclined send me an email to the above address and we can send you any information you might need. Let’s make a deal.
by
Susan Koslovsky