Top Reasons to BUY Your Home Now
Ines Garcia PA
Last update: 2020-08-13
Ines Garcia PA
Last update: 2020-08-13
Why would you Buy a Home during and Economic Crisis?
There may be over One Thousand Reasons…
This video was recorded in the middle of the COVID-19 pandemic, during the quarantine…
There may be over one thousand reasons why someone decided to move forward and present an offer during those pressing times…
Of all the reasons the most common are:
They need to move and are not used or interested in renting… they are not willing to wait and are making decisions right now.
Interest rates are in the low 3 percent, if someone waits for the prices to go down and interest rates go up, the decline in price has to be significative to end with the same monthly payment. Also, many people will end paying less to own than what they are paying in rent.
They found the home of their dreams and were
ready to buy a HOME with the intention of holding it long term. Some could be
even lucky and run across a very motivated seller willing to reduce the price,
but interestingly enough we don’t see panic price drops as a norm in the market
right now and many people are offering fair market value based on the comps.
So, if you connect with one of these 3
reasons such as the need to move, you want to take advantage of the low
interest rates or you are planning to buy for the long term it may be a good
move.
Even though there is a lot of uncertainty as of where this will take us, many economists predict that the housing prices may not be affected as they did in 2008. The fundamentals of the real estate industry were in a much healthier place to begin with, the price increases prior to 2008 were outrageous and financing was too loose; in turn, prior to this crisis, in most markets the price increases were more balanced and there is much more equity in the properties, so less distressed sellers may be in need to reduce the prices dramatically.
If you are thinking about buying as an
investment and are looking for a “deal” maybe you can wait a little, you just
have to know what you want, keep an eye in that specific product and find the
right time to buy. There is a sweet spot to buy when prices decline, if they
would, and pinpointing it is an art.
After the Stock Market Crash many people
are looking at Real Estate as a safe place to park their cash!
Every situation is different, and you have
to assess yours before making a decision.
Miami-INES GARCIA
HER PROMISE
Working with Inés is not only about her experience, is not only about how much she cares… it is also about passion to keep learning every day in an ever-changing industry; all this along with communication which is key and the cornerstone of every relationship.
A long time South Florida resident with a deep knowledge of the different lifestyles you can enjoy in Miami-The Capital of the Americas.
Positive Impact:
Her goal is to positively impact the people around her transforming the experience when buying and selling real estate in a relationship based on education and enjoyment.
Trust:
What you see is what you get… transparent relationships and a lot of communication.
Congruence:
She follows her heart and her customer’s needs and interests lead the relationship.
The REAL Customer Experience:
She applies her knowledge and experience to simplify the complexities of the real estate process for you.
HER STORY
Born and raised in Venezuela, Ines moved to Miami in the year 2000. She owned a Real Estate Office in Venezuela for the largest network there, for 5 years prior to her moving to the USA.
Having lived in Broward and Dade, and selling in several areas, provides her broad perspective of the South Florida Real Estate Market. Currently a Downtown Coral Gables resident who enjoys everything about the city… especially the ability to walk to restaurants, the super market and around the Granada Golf Course.
Ines has an architecture degree from the Universidad del Zulia in Venezuela and holds an MBA from the University of Miami. Her background provides a strong foundation to share insights that help her customers make informed Real Estate decisions.
Currently a Real estate Advisor with KW Legacy. During her Real Estate career, Ines has worked both in sales and management, being the managing broker for several years with one of the largest companies in South Florida.
Previously participated in the Miami Association of Realtors as a member of the Grievance Committee, and prior to that, served on the Professional Standards Committee at the Fort Lauderdale Association of Realtors.
Ines actively participates in “Fundación Mayacuchas”, that helps organizations in Venezuela providing food and medicines along with used clothing that is distributed among the people who need it most.
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