2019 has officially commenced! Are you still on track with your New Year’s resolutions or have you already succumbed to the almighty “distraction?” Trust us, we can relate!
Whether or not you are still on track to eliminate sugar and caffeine or make it to the gym every day, staying on course with your long term personal and professional goals should remain a priority – especially if one of those goals is to make the dream of home ownership a reality.
KNOWLEDGE IS POWER
There is a wealth of information available online to assist you as you begin your home buying process, but our team of experts at The Cusick Group want to provide you with a few inside tips to ensure your first experience gets off to a smooth start:
TIP ONE: If you are a first-time home buyer, we recommend you speak with a mortgage broker at least 90 days prior to beginning your home search, to ensure your credit score, debt to income ratio, and down payment/closing costs ducks are in a row and you know how much of a home you can afford. This is one area, you do not want to be surprised in.
TIP TWO: Interest rates are still on your side. As of January 2019, interest rates remain at historic lows. Take advantage of the additional buying power of historically low rates, while they’re still available.
TIP THREE: Did you know the Phoenix metro area is the fifth largest in the United States? Even though our market is large, inventory, or homes available, can vary by zip code, (often referred to by agents as a ‘hyper local’ market). This means that one area of the Valley may be experiencing extremely low inventory while others may have more balanced inventory. We recommend consulting with your real estate agent for data and strategies specific to your desired area – let us be your secret weapon to finding the perfect home.
NOT YOUR FIRST RODEO?
2019 is still a great time to find your next forever home. If you are a “move-up” buyer who must sell your current property, or are looking to downsize, consult with your Cusick Group real estate expert to formulate strategies for creating a strong contingent offer to present to the seller.
Do your plans call for a move soon? Whether a first-time home buyer, or a seasoned expert, our team of professionals are here to guide you on current market cycles and when you will have the most purchasing leverage. Give us a call today to get started.
If you have any other questions or would like to learn more about our services, feel free to contact us at 480-759-1576 or connect with us online @cusickgroupre.
Will you be purchasing a home in 2019? Let us know in the comments below!