Category: Tucson Real Estate Agent

Tucson Real Estate Agents Say Buy Now!

Tucson real estate agents want you to know that if you’ve thought about buying a home, whether you’re a first time or a repeat homebuyer, you should begin looking for a home as soon as possible. There are a number of different reasons as to why buying sooner rather than later is in your best interest and Tucson real estate agents explain why it could save you a lot of money in the long run.

If you’ve been paying attention to the local or national real estate market you’ll know that property values and selling prices are increasing throughout the country. If you wait even a few months to purchase a home there’s no telling how much less of a home you’ll get for your money when compared to the present. Tucson real estate agents say that a home that’s within your budget now may not be in a few months. Not only are home values expected to keep increasing, interest rates are also expected to rise by at least 1% in the next year. While this may not seem like that big of a deal, when you consider a 1% difference on a 30 year mortgage, Tucson real estate agents explain that you’ll actually end up paying thousands of dollars more for your home.

Tucson real estate agents also explain while the driving factor in buying now is money, they also caution that soon there could be an abundance of homebuyers are looking for exactly the same thing you are. Once more people get wind of increasing home prices, increasing interest rates and how it could impact their monthly mortgage payment, they’re likely to begin their home search as quickly as possible.

To save yourself the hassle of competing with other eager buyers as well as potentially saving yourself hundreds of dollars a month, get in touch with your Tucson real estate agent today. They’re ready to help you find the perfect home before someone else snatches it from under you or it’s no longer in your price range.

Questions To Ask A Tucson Real Estate Agent When Completing A Short Sale

If you need to complete a short sale but haven’t enlisted the help of a Tucson real estate agent yet, we’d like to provide you with some pointers on how to choose a Tucson real estate agent that is right for you. As you may know, completing a short sale is very different from a traditional real estate transaction and because of this, it is imperative that you work with a Tucson real estatge agent that is well-versed in short sales. If you choose to work with a realtor that doesn’t know much about short sales or lacks experience it could considerably delay the process or, even worse, cause your short sale to be denied.

So, how do you know if a Tucson real estate agent is experienced in short sales? The best thing you can do is to ask questions and lots of them! It is always best to ask the Tucson real estate agent how many short sales they have both worked on as well as successfully completed. Just because they may have worked on a large number of short sales doesn’t necessarily mean they’re good at them. If they have a low success rate, this should throw up some red flags for you as a homeowner. You should also ask what lenders and loan types they are familiar working with. Check to see if they have plenty of experience with your specific lender and loan type. Lastly, ask them how often they are in communication with you, the buyer and the lender. Short sales can sometimes hit a stalemate if the Tucson real estate agent doesn’t stay on top of things with the short sale negotiator that works for your lender. A good Tucson real estate agent will keep the ball rolling to get your short sale completed as quickly as possible.

Again, it can’t be stressed enough just how important it is you work with a Tucson real estate agent that is experienced in short sales. The success or failure of your short sale has the potential to impact your entire financial future.