Tuesday, January 4, 2011

The time to buy is now...

As the new year begins and the economy begins to recover their has never been a better time to buy a home.  The inventory in San Antonio is at an all-time high and interests rates (although have been slightly increasing lately) are still at record lows.  Sellers are motivated to sell and if they have the equity are taking a hit on the sales price to get it sold.  The flood of foreclosures have forced sellers to compete with lender owned properties even though their properties are in much better condition.  Lender owned properties continue to be a great option and banks are offering incentives, including giving sellers closing costs and in some cases doing a few repairs.  Wether you are buying to live in or as an investment property the time to buy is NOW.

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