Posted by showcrop on October 31, 2022 at 04:59:00 from (75.68.37.174):
In Reply to: Home Prices Thoughtd ? posted by whizkidkyus on October 30, 2022 at 21:59:52:
Right now is a great time to be shopping for value in the housing market. To get what you are looking for will be extremely difficult. Lending institutions don't like to loan on fixer-uppers, which is all that you can afford, So you will have to set your sights very low. As others have advised, and what I did, is to start with something small, fix-up, and add on, then sell and move up. An extremely important factor in being order to sell higher is to own in a desirable area. Look to buy a place that is an eyesore in a good community and then bring it up to the level of the others. The current economy will bring foreclosures and dropping prices. Keep looking and going back to places that were too high for you because they will be dropping in price.
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