10 Real Estate tips for 2013:
“Tip 1: Get off the sidelines
For good-credit buyers waiting for the bottom of the market, it has passed, but the good news is that home prices and interest rates are still quite low. For sellers waiting for market improvements, they’re here. Stretch, take a deep breath and jump back in the game if your budget allows. The rules have changed a bit, however, and lenders want buyers to put a little more skin in the game. So expect to make higher down payments than in those pre-bust years. Another caution: Sellers will likely find that buyers have a harder time qualifying for mortgages.”
Read the entire article and get all 10 tips here: http://www.bankrate.com/finance/real-estate/tips/default.aspx?ic_id=Top_Financial%20News%20Center_link_3
Ready to buy? Let Silvergate Realty’s Charlottesville real estate agents help! The spring market is here!