Here are five compelling reasons listing your home for sale this spring makes sense.
1. Demand Is Strong
The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other for the same home.
Take advantage of the buyer activity currently in the market.
Homeownership is still a cornerstone of the American Dream! 50% of renters are determined to own a home. If you are currently renting, let’s get together to discuss your options.
Here we go! I’m starting video! Your real estate questions answered
Hello everyone! I’m Teresa Parker. I live and work/sell real estate in Pahrump, Nevada. I started out in title and escrow, lending and then moved into real estate, which I love!
When out with my buyers and sellers I have found that many still have questions. They are confused about the process, negotiations, contracts, escrow, inspections, etc. So, I have decided to do video helping to explain and help you understand how this all works. I will cover many topics in different segments and am hoping to get your input as well!
*Subscribe to my YouTube Channel and get notifications when the new Real Estate with Teresa Parker videos are available! Subscribe
*Is there a subject that you want covered? Have a question about the buying or selling process? Leave a comment below and I will make sure to cover that one for you!
Charming Corner Lot With Circular Drive-Way, RV Access, 3 spacious bedrooms, large master bedroom, with walk-in closet, bathroom offers walk-in tile shower, separate jetted tub, double sinks, PVC flooring in kitchen and great room, wood-burning fireplace for those winter nights, kitchen offers tile counter-tops, custom cabinets, pot shelves, pantry, bay window, breakfast bar, formal dining room, nice backyard patio and full RV hookups
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year.
Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!
The map below shows the average tax refund Americans received last year by state.
Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.
If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?
The map below shows what percentage of a 3% down payment is covered by the average tax refund by taking into account the median price of homes sold by state.
The darker the blue, the closer your tax refund gets you to homeownership! For those in Oklahoma looking to purchase their first homes, their tax refund could potentially get them 85% closer to that dream!
Bottom Line
Saving for a down payment can seem like a daunting task. But the more you know about what’s required, the more prepared you can be to make the best decision for you and your family! This tax season, your refund could be your key to homeownership!
