09/05/2023
If you are thinking about buying a house in the next couple of months, but you are worried about interest rates, here is what I would do:
1. Get pre-approved now with a local lender. There are grants and various savings that you may be able to apply for! Also, lenders can give you a good idea what your monthly payments will look like for houses in your price range. You can always re-finance later, and get a lower rate. The prices of homes are going to continue to increase, so save money by getting in a home before the rush.
2. Look for houses that might need a bit of work. If you’re willing to update a house that isn’t HGTV perfect, you are going to beat out a lot of competition!! You may even find a diamond in the rough. Just keep an open mind when shopping, and you will save money and build equity!!
3. Renovate. Renovate. Renovate. Pretty much everything you need to know is online now. YouTube how to lay down Vinyl plank Flooring, how to replace countertops, and/or how to put up a tile backsplash. YOU CAN DO IT! You will save so much money doing some of these projects by yourself, and you can make your home feel brand new. Don’t count out the houses that may need work. They could earn you money in the long run. 🧡
Photo from Gail Nyman’s listing 2220 Wards Chapel Road in Owings MD.
4 bed, 3 bath, Listed for $444,900 🏡
Karli Hawxhurst, Realtor®️
The Gail Nyman Group of
RE/MAX United Real Estate
443-404-7362 (direct)
301-702-4200 (office)
[email protected]