Friday, October 1, 2010

Who Says There's No Money To Lend?

I’ve been hearing it a lot lately – “Now’s a terrible time to buy, because nobody’s lending money.” Nothing could be farther from the truth! The fact is that for qualified buyers (steady job and income, good credit), there are loads of mortgage financing programs available.

The truth is in the numbers. Four hundred mortgages were written last month in Jackson County alone. Of the $134 Million in residential real estate sales, nearly $110 Million was financed. Again – this is in one county in the Kansas City Metro Area. Anyone who says the Real Estate Market is terrible doesn’t live in Kansas City.

True, inventory is up, and there is certainly another wave of foreclosures in store. But the market is working hard on its backswing. Houses ARE selling, prices are great, and interest rates are at historical lows. You may never have a better chance to get so much for so little money – both on the purchase price, and long-term interest payments. There may not be a better time to buy in our lifetime.

To find out how to get the absolute best real estate deal in town, call me now at 816-200-4372.

Find out the top buyer traps and how to avoid them. Visit www.LoriDaySells.com/Buying.

Sign up for a free weekly list of Kansas City’s hottest properties! Email me at Lori@LoriDaySells.com


EMAIL: Lori@LoriDaySells.com WEB: www.LoriDaySells.com

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