I learned a long time ago that it is always better to focus on the positives of the world versus the negatives of reality. In saying that, I have a lot of people look at me funny. I just answer them by saying that in life there are 
two paths that you can walk on. You can follow the negative side or the positive side. Both are reality. Both can be the focus if you want or you can choose to live in the middle.
Yesterday, I wrote an article about buying a home in today's market. To my surprise this morning, I found in my emails that bizcovering.com decided that they wanted to publish my article. The main reason I think is that there are people out there that want to provide their readers with a positive spin.
As I stated in the article, the time to buy is now. The customer that put it off are losing out. The mistakes that are made today will effect that buyer for some time to come as the market begin to turn as they do.
If you get the chance, swing by and read the article and let me know what you think. And if you like it, please vote.
About the Author
If you are in the market to purchase a home or even refinance an existing loan and you want a loan officer that will walk with you every step of the way, then contact Danny or Rich of the Thornton Team at Home America Mortgage today. We can have you pre-approval in as little as 4 hours. You can visit our website or send an email to thorntonteam@homeamericamortgage.com or call us @ 865-951-0522.
just makes me shudder. With the rates so volatile and the uncertainty of tomorrow's housing market, today is the time to snatch up that home. If the companies such as Fannie Mae and Freddie Mac were to cave in you might be able to buy a house a lot cheaper but at what cost. I can tell you simply by this factor; interest rates.
into the deep blue sea, the rates would sky rocket and what might be 6.5% today could translate to 13% or maybe even 18% tomorrow. And what does that mean? Well, lets take a look at it. A house that now cost $100,000 and has a rate of 6.5% carries a Principle and Interest (P&I as we call it) payment of $632.07. With that said, the same price at 13% would equate to $1,106.20 almost doubling the price. Overall, you pay for it in the long run by paying more for the interest than you would have if you bought when the prices were normal..
Roulette. Taking a chance on the market just does not make sense. Frankly, I can not understand any customer that might think this way; it is ludicrous. It seems that they are allowing themselves to see how bad the market can get before it rebounds. As the saying goes, it is always darkest before the dawn.
Realtor by your side. Figure a time line that you want to be in this new home and make the committment to seriously look. I hate to tell you, you are not the only one looking at that home. Once you have looked at a few homes, you will narrow it down.