Housing Deals will put you in the spirit

Ah, Black Friday, the one day a year when humans frantically chase after discounted toasters and half-priced TVs. But did you know it’s not just about snatching up kitchen gadgets? No sir, it’s also a golden opportunity for us four-legged aficionados of the good life to score some fantastic housing deals. Yes, you heard that right – even dogs can indulge in the thrill of real estate on Black Friday. Buckle up, my furry friends, and let’s dive into this canine adventure of luxury housing and mortgage mayhem!

Developer Discounts:

Who knew developers cared about us dogs’ living conditions? Apparently, some virtually all of them are throwing in discounts and incentives like mortgage rate buy downs, paying for closing costs and bigger commissions for top dog realtors such as myself. These giveaways aren’t small potatoes like free tennis balls or unlimited belly rubs. At last, a chance to live in the lap of luxury but wait, I don’t want, or more importantly can’t afford a luxury home. No worries, for the more sensible home buyer I have an amazing option which can save you a ton without having to get into a dog fight.

Assumable Mortgages Deserve a Chance to be Taken Home:

Remember when mortgage rates were at 2-3%? It reminds me of the time my dad dropped a slice of pizza and I ate the whole thing. It was an amazing time. Many potential home buyers missed out on those low rates due to heavy competition between other buyers and even Wall Street firms buying up every home in site. Wall Street makes me want to bite somebody. The good news is that right now dad dropped 2 slices of pizza on the ground. I mean buyers can purchase a home with a low interest rate and if you are patient pay less for the sale price of the home. How is this possible? Sellers who have an FHA or VA loan can have their mortgage assumed by potential buyers. Since, FHA and VA loans make up about 20% of all mortgages in the US of A there are a lot of low mortgages out there to take over. While, most of these home owners don’t know how this process works, in a higher housing inventory environment they are willing to take less money on the sale of their homes. Therefore, you can double dip. But what if you have to buy now and can’t find an assumable mortgage?

Reduced Listing Prices for the Discerning Canine Connoisseur:

If an assumable mortgage isn’t going to be an option in your price range, (these are generally for middle income households) don’t settle for any old doghouse – aim for the moon! Sellers, desperate to offload their kennels homes, are likely to reduce the listing prices. Right now, we are seeing low foot traffic at open houses and buyers are following this pattern. List the home at a high price, cut the price, cut the price again, further cuts. Then the home is listed for rent, the rent is cut a few times and finally the home is listed for sale at a substantially lower price than where it originated. If you find a home you like at a price that meets your liking here is what you do next.

Negotiation Leverage with Your Puppy Eyes:

Flash those irresistible puppy eyes, and sellers will be putty in your paws. It’s the perfect time to get all the extras you want thrown in for good measure. Sellers/Builders are trying to unload excess properties, its time to ask for anything and everything you can think of. The worst they can say is no, or bad dog.

So, my fellow furry friends, this Black Friday, let’s bark up a storm and sniff out those unbeatable housing deals. Whether you’re a laid-back Labrador or a sprightly pugnacious Pitbull, there’s a dream home out there with your name on it. Who says Black Friday is just for humans? It’s time to embrace the ruff life in style! As always my furry friends if you need help, have questions or just want to phone a friend please feel free to reach out and contact me.

#WOOF