(858) 330-1242 - Real Estate Agent La Jolla
Berkshire Hathaway HomeServices California Properties
Michael Frey Realtor DRE#02069869
La Jolla, University City, Clairmont
(858) 330-1242 - Real Estate Agent La Jolla
Berkshire Hathaway HomeServices California Properties
Michael Frey Realtor DRE#02069869
La Jolla, University City, Clairmont
Some people feel knowing what the Rents of San Diego Real Estate are in the are helps justify the listing price of a home. I subscribe to RentOMeter, so you can get the ifor you need from me. Your La Jolla Real Estate Agent.
Click here to see the Rent opportunity.
When people are fearful, the opportunity is present. The Seller with an interest rate near market lows can sit on their property and enjoy their low rate, so if they are selling, it’s because they need to sell. (They probably have no other choice) So you have a captive seller; knowing that interest rates are high, the volume of qualified buyers drops dramatically. Buyers can lower their offers and still get the property. (Buyers Market)
But now, the new buyer is stuck with a high mortgage rate. True, but not forever. Interest rates often fluctuate, so you can refinance at a lower rate when the rates go down. Hopefully, with the difference between the lower purchase price, and the new low rate, you may see the amount you “Scalped” from taking advantage of the market conditions.
Your mortgage broker should offer an array of packages, including Interest-only mortgages. Or variable Rate Mortgages. Both can be good vehicles in the short run, but you will want to refinance again when rates go lower.
You can refinance many times, sometimes for no points. Banks always live in a boom-bust cycle; they panic easily, and you can tell when they offer loans with no points. I have seen this many times.
“Marry the house, Date the Rate.”
Call me directly for a timely Strategy that you may not be aware of.
The Berkshire Hathaway HomeServices brand is built on the principles of Berkshire Hathaway Inc., one of the most recognizable and respected names in the world. We don’t take that lightly. With an ethos founded on trust, stability, integrity, and longevity, we are dedicated to delivering best-in-class service and remaining at the forefront of cutting-edge technology and innovative best practices. La Jolla Real Estate Agent working in the San Diego Real Estate market. "Good to Know"
The Berkshire Hathaway HomeServices Luxury Collection also reveals a new look—elegantly symbolizing the high caliber of properties and the unparalleled innovation and sophistication that Luxury Collection Specialists bring to their work every day. The result, a design that embodies the spirit of all Luxury Collection Specialists—contemporary, yet classic, and always refined. "Good to Know" I am happy to show you property as you La Jolla Real Estate Agent, San Diego.
Laws require all housing providers (landlords, Real Estate Agents & Companies, Mortgage Lenders) Can NOT discriminate against you because of your race, color, religion, sex, national origin, family status, or disability. As a Realtor in San Diego, this is the law we live by. (No exceptions)
Check out my Moving Resources page. Some great picks to help you move. Movers, Boxes, Supplies, and even how to ship a car.Tools for everything Movng. Click Here