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Some real estate agents even believe prices may continue rising in some areas.
As interest rates start to come back down, I think we will see an uptick in buyer demand.
Falling interest rates are one thing to watch.
Most people dont even stay in their home for 30 years.
You may want to look at anadjustable-rate mortgage, because they start cheaper, she said.
Go to interview three banks, three mortgage companies, Herman said.
Find out what the bank will lend you.
What you’ve got the option to borrow doesnt mean thats what you should spend.
Realtors we spoke with agreed this is a bad idea.
Everyone should definitely have an engineers report.
No one should bypass doing it, Herman said.
Michelle Griffith, luxury real estate broker atDouglas Elliman, agreed.
This way, they will know what repairs are needed and how much they will cost.
Every day you are pending and off the marketcan cost you, Washington agreed.
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