The Cost Of Waiting

Rates Teeter TotterOne of the challenges in putting together the purchase of a piece of Real Estate is the fact that it’s tough to hold everything in place long enough to analyze.

The price, interest rates, closing costs, closing dates, home inspections, the attendant repairs, moving dates all add complexity and costs. Bottom line as far as I am concerned, pull the trigger if you are waiting for a price drop or to negotiate a lower price. It’s just not going to change that much, even with a drop in price, but especially if rates go up. Most of it is noise, except for changing rates…

This three minute video explains more…