Now Is The Time To Buy Your First Home Before You Can Afford It

best time to buy a home

Buy Your First House Before You Can Afford It?

That doesn’t sound like good advice – Right?
This article is NOT for everyone!

Only those who want to take advantage of the “Trifecta” of real estate timing that we are in should read on. There is a very special time we are in and 95% of people will MISS the opportunity.

What is this “Trifecta” of timing I am referring to in 2015?

1- Lowest Interest Rates in decades…and they are now starting to inch up by the week.
(Here is a link on where Interest Rates are headed)

2-Since the 2007 crash, prices have deflated up to 30%-35% in most markets. We are back to where the prices on homes should be before the “CrAzY Run-up prior to 2007. Prices are at the lowest for homes again and inline with the normal 50+ year appreciation line.
(Here is a link to show the prices have fallen back in line prior to the 2003-2007 run up)

3-The HUGE foreclosure sales have slowed and are not applying the pressure on normal home sales to reduce the price to sell. In other words, the normal market has come back in the last 6-12 months, and we should see normal appreciation again. The bottom has arrived in pricing, and prices are starting to go up again.
(Here is an article from Phoenix, AZ explaining their market. Phoenix was hard hit in repos)

Timing Is Everything In Real Estate Buying and Selling.

Purchasing a home is most likely the biggest and often the best investment that you will ever make. Why not make that investment now? Be smart and don’t do anything too crazy.

If you are saving up with the goal of getting your dream home within the next two to five years, the following ideas could help you buy your house sooner than you planned.

Remember, this is my opinion, and you should seek any other guidance you may need to make a final decision on purchasing a home for yourself. IF and I mean IF these ideas are right for your situation, and investment, and available to you – They may be worth pursuing.

Some buying situations that can help you buy a home sooner.

* Buy from a motivated seller. A motivated seller is someone who has a house he or she wants to get rid of quickly. It could be that the owner was unable to sell the house on his or her own or that, even though the house was listed through a real estate agent, it just didn’t sell. Because only about 5 percent to 10 percent of sellers are truly motivated, you may need to relax your must-have requirements in a house.

* Find a seller who doesn’t need cash upfront. Most sellers will need the money from the sale of their home to buy their next home. Instead, look for someone who has already bought his or her next house. Vacant properties or homes that have been rental properties also are good candidates. By looking for properties like these, you’ll be working with sellers who are more likely to wait to get their money.

* Structure your offer as a lease purchase. Instead of buying right away, offer to rent the home for four or five years at a set rate. This will help the seller cover the current costs of the property while giving you the ability to live in your home now, continue to save for the down payment and then buy the home when you’re ready. Make sure you’re offered the option to buy the home at or below today’s value. If the seller is not willing to go along with this, then look for someone who is more motivated to sell.

See if you can get the seller to give you a credit toward the purchase of the home for each month that you pay rent.

Using these ideas, you’ll be able to buy that special house this year rather than waiting another two years or more. If the home you get is worth $200,000 today, then at a 10 percent appreciation rate, you could make an extra $20,000 or more simply by getting into the real estate market years ahead of schedule.

Timing is everything! My Grandfather always told me that YOU make your profits when YOU BUY something – NOT when you sell.
Think about that for a while.


I also have some Special Reports that you can get for FREE!
Just click the link and go to the offer pages to read more about these FREE offers.

10 First Time Home Buyer Mistakes!
Get New Listings Of Homes For Sale Emailed To You!


I am a GEEK that is cleverly disguised as a Real Estate Agent. I do not SELL Real Estate. I MARKET Real Estate Online and Offline. Use my 23+ years of Valuation Services to suggest the correct price for you as a Seller. As a Buyer, my experience in pricing Real Estate is your ticket to saving money when purchasing. Investors love me because of the years working with REO and Foreclosed properties. Contact Me - Let me help you today!