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Welcome to My Real Estate Website
You have just taken your first right step in making your Real Estate decision - browsing this webpage.
As a buyer or a seller, you want your real estate transactions to go smoothly. That means finding the exact home you're looking for, or selling your home promptly and for the best price. It means not having to worry, even if you're new to the real estate arena, or if you're moving thousands of miles away. I can make the whole ride really smooth for you and finally you can make a successful transition.
Why me?
I have a reason for saying that you made a good choice if you hired me as your reltor.... because I love what I do. I am passionate about the biggest investment, achievement & dream in everyones life -"HOME"....The passion which drove me to become a Civil Engineer, an Interior Designer & now a Realtor . You need an efficient professional. I will put my knowledge and effort to help you make your move pleasant one. Make your choice wisely. No one will work harder or more professionally. I can always assure you Professionalism, Hard work & Honesty.
Why Prudential?
Prudential is Rock Solid in Real Estate since 1875. It is the most recognized brand throughout the UNited States, which has also earned the SUPERBRAND recognition from consumers. All Prudential professionals are highly skilled, well trained and also tech savvy. We all have access to all the Resources a company like Prudential has to offer, which in turn serves your Real Estate needs. You dont get all these Resources & Recognition from other smaller real estate firms. Prudential ranks highest in the Customer satisfaction surveys all the time.
What We Do?
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Help you effectively market & sell your home even in a difficult market
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Net you the most money for your home
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Assist you to stage your home to make it as presentable as possible
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Create an unique webpage for your home which can be displayed in the Yard sign
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Instant info on any property can be obtained by the buyer from their mobile via text messages
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Customer support for extended hours & weekends
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Regular updates & constant feedback provided to clients on their properties.
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Accompany you in seeing up to 100houses before you find your dream home :-)
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Help with the Mortgage & Pre-approval process
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Assistance with the Home inspection procedures
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Assist you in negotiating & closing a deal
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Also offer Relocation referrals if you are moving
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Provide Support, Service & Resources through Prudential
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Above all, put my Expertise, Exposure & Effort working for you as a Full-time agent
ARTICLE OF THIS MONTH
What does this recession mean for (First Time) Home buyers?
What does this recession mean for (First Time) Home buyers?
As we all know this year has hit hard on the entire global economy, it started with wall street melt down and the waves pretty much impacted the whole world. In US as you all know from the day Lehmann brothers collapsed and followed by other bank and Auto industries , Goverment is doing its very best and doing everything possible to to stop the melt down.
How hard are we hit? Is the recession over yet? Lets keep all those questions parked for now, as it not going to give us simple answers.
As this recession has hurt many investors who are already in the market by bringing down everything from wall street to housing Market and above all the interest rates, which is down than ever.
What does this recession mean for (First Time) Home buyers and for investors waiting to invest?
It is the best time for them then ever to invest/buy their dream homes. And with the TAX credit the first time home buyers have more to gain in this recession.
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And from the time the Government announced credits for homes, housing sales went from foreclosures to increasing sale every month.
Existing-home sales Oct 2009 – including single-family, townhomes, condominiums and co-ops – jumped 9.4 percent
Existing-home sales Aug 2009 – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent
Existing-home sales July 2009– including single-family, townhomes, condominiums and co-ops – increased 3.6 percent
Existing-home sales June 2009 – including single-family, townhomes, condominiums and co-ops – rose 2.4 percent |
As you see the above data from National Association of Realtors, already buyers started taking control of the market and most of the sales are first time home buyers.
With all the above details it clearly shows its is a better time for the buyers to make use of this volatile market and do something good for their future investment.
With all these has been said, still there are some debate, will this market will stay put or chance to go down? same with interest rates.
We have seen the home prices have down a lot and so does the interest rate. But even if the market doesn't go up as we all think and if it still goes down there is a possibility for home price to go down further.
So, do I have to wait and watch? NO.
If you see the other end the interest rates have come down to rock bottom in last few years, even if the things go bad Federal reserve won't wait and watch. It will definitely increase the rates sooner than you think to stop the inflation.
For the people with the good credit score and pre approval, waiting and watching the market, If you ask me the question - IS it a right time to buy a home? I would say YES and go for it.
Final word for the buyers who have waited for too long, don't wait further and do something to turn a bad today to a better tomorrow. It will definitely be a worth investment for you.
Kanchana Paulraj
Prudential Manor Homes
Niskayuna, NY 12309
Office: (518) 388-9111 Ext416
Here is some details from CNN on the same topic: Time to buy a home?
October 20, 2009
Posted: 06:28 PM ET
As America’s wobbly economy begins to stabilize, many people with money saved up and good credit should consider buying a home now. Home prices have come down a lot, and interest rates are at historic lows.
Not that the danger signs aren’t still out there: job losses, distressed home sales and foreclosure filings are likely to continue. In fact, a new forecast of real estate prices predicts home values could go down further in 342 out of 381 markets by next summer.
Overall, the national median home price could drop another 11percent by June of 2010, says Fiserv, a financial information and analysis firm. Nevertheless, both home prices and mortgage rates have dropped more than any other time in history.
While you can safely bet that prices still have more room to come down, that bet may not be such a sure thing when it comes to interest rates. Right now a 30-year fixed rate mortgage is hovering around 5 percent, the lowest in half a century. They are low in part due to a flush of cash from the Federal Reserve since last year’s financial meltdown that has kept interest rates low. The problem is the longer we have low rates, the more we risk fueling inflation.
Although we don’t have any hard evidence that consumer prices are going up right now, you can bet the policy makers at the Fed are closely monitoring the situation. Just the fear of inflation may prompt the Fed to start pushing rates up again - and sooner than you think.
What that means for procrastinating home buyers is this: putting off a purchase now could cost you more in the long run. For the sake of illustration, let’s say you close on a single-family home next month at the latest national median home price of $177,500, and you’re able to secure a mortgage rate of 5 percent. Over the lifetime of the loan, you could pay out a total of $378,500 for your home.
Let’s say you put off your purchase to September of next year, but you’re able to get the same home at a lower price of $160,000. That’s a savings of $17,500, right? But, what if the loans on offer have inched up two percentage points higher than what you can get right now? Your total home purchase over the lifetime of the loan could cost you as high as $414,600. That lower priced home at the higher rate of 7 percent will end up costing you some $36,000 more in the long run.
That’s why if you have credit and cash right now, it could be an excellent opportunity to buy a house. Tell us what you think. Call in with your thoughts to the Ali Velshi Show on CNN Radio at 1-877-266-4189, Wednesday starting 11 a.m. EDT.
Posted by: Ali Velshi -- CNN Chief Business Correpsondent
Filed under: Economy • Velshi
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