http://jefftung.net Realty World - Success Plans, Inc. Serving you since 1986 Mon, 30 Apr 2012 22:27:48 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://jefftung.net/2010/08/02/the-best-time-ever-to-buy-a-home/ http://jefftung.net/2010/08/02/the-best-time-ever-to-buy-a-home/#comments Mon, 02 Aug 2010 22:52:19 +0000 Jeff Tung http://jtung.blogs.rwnetwork.com/?p=258 Have you been thinking about when it may be the best time to purchase a property? Well, here’s 5 reasons why you might want to make that big step now. Don’t forget, real estate has cycles. We are now in a buyer’s cycle and it’s the best time to take advantage of the market place. Remember, not too long ago, the last seller’s market? Do you remember when prices went through the roof and properties were selling like hot cakes? Does multiple offers to buy a home and  bidding over the asking price sound familiar? Well, it’s better now. If you can get into a property today, you’ll be able to ride the wave of the next seller’s market.

So how are you going to get the money to take advantage of the opportunity? Unless you have lots of cash to make that purchase, you should see your banker or loan agent to see how much you can borrow. If you need to scrape up some money for a down payment, here’s 7 ways that may help. Good Luck!

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]]> http://jefftung.net/2010/08/02/the-best-time-ever-to-buy-a-home/feed/ 0 http://jefftung.net/2010/06/25/10-reasons-to-buy-now/ http://jefftung.net/2010/06/25/10-reasons-to-buy-now/#comments Sat, 26 Jun 2010 03:33:56 +0000 Jeff Tung http://jtung.blogs.rwnetwork.com/?p=214 Even though the federal  tax credit may not make a come back, there are lots of reasons why it is still a great time to purchase a property. 

One of the most important factor that affects most buyers is interest rates.  As the rate gets higher, the amount of money a person can qualify for would be less. Interest rates have been really low historically speaking and with the problems we are facing today, the rates will go back up.  I don’t think interest rates will ever be lower then what they are today.  30 years ago, I thought I would never see rates as low as they are today.  We could see rates as high as 18%, just like it was in 1981, or even more.

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