Real Estate in this Challenging Market.
The last few years have been an adjustment for Buyers, Sellers and Realtors. The value of properties in the Tucson and Southern Arizona area has now reached the prices available during the 2003-3004 years. LOW prices and some of the LOWEST interest rates in history make this a prefect time to BUY property. Mortgage Loans are available for purchasers in this market, while there are challenges with Appraisals and Lending Guidelines.
Bank Owned Properties make up a great amount of the homes that are available in the market. These must and will be SOLD, bringing about some very good Buys. Special Financing is offered on many of these properties.
The Question on all our minds! When will the market stablilze and Home/Real Estate Values rebound? If History is the judge, the time is coming. I can hear my Buyers in the future---"I could have bought that home for $200,000 with a loan at 4.5% and didn't."
My experience and skills will assist you in guiding you throught the total process to reach your goals as a Buyer, Seller, or Bank/Asset Manager.