Category: Buying and Selling Strategies

Turning a Fixer-Upper into Your Dream Home: What You Need to Know 

Posted on by Michelle Tondu

Turning a Fixer-Upper into Your Dream Home: What You Need to Know 

Buying a fixer-upper might not sound glamorous at first, but for many people, it’s a smart and rewarding path to homeownership. Whether you’re looking to get more house for your money or want to personalize a space from the ground up, a fixer-upper can offer the opportunity to build equity and create a home that truly fits your needs. 

What Exactly Is a Fixer-Upper? 

A “fixer-upper” is a home that needs repairs, updates, or renovations before it’s fully move-in ready or up to your standards. These homes are often sold at a lower price than similar move-in-ready homes in the same area, but they do require vision, patience, and planning. 

Pros of Buying a Fixer-Upper: 

  • Lower Purchase Price: 
    Because the home needs work, you can often buy it for less than comparable properties in the same neighborhood. 
  • Less Competition: 
    Move-in-ready homes are in high demand — which can lead to bidding wars. Fixer-uppers may receive fewer offers, giving you more room to negotiate. 
  • Customization Potential: 
    You can update the home to match your style and preferences — from the floors to the layout — instead of settling for someone else’s choices. 
  • Equity Growth: 
    Renovations that improve the home’s condition can significantly increase its market value, allowing you to build equity faster. 

Things to Be Aware Of: 

  • Hidden Costs: 
    Renovation projects can reveal unexpected issues, such as outdated wiring, plumbing problems, or structural damage. Always budget 10–20% more than you think you’ll need. 
  • Time & Stress: 
    Fixer-uppers are not turnkey solutions. Managing repairs, inspections, contractors, and permits takes time and can be stressful, especially if you’re living in the home during construction. 
  • Financing Can Be Tricky: 
    Some homes won’t qualify for traditional mortgages due to their condition. You may need a specialized loan designed for renovation projects. 

Common Financing Options for Fixer-Uppers: 

  • FHA 203(k) Loan: 
    Allows you to finance both the purchase price and the renovation costs with a single mortgage. This loan is backed by the Federal Housing Administration and is popular among first-time buyers. 
  • Conventional Renovation Loans: 
    There are also conventional loan products that can allow you to combine purchase and renovation costs into a single loan.  
  • Cash + Standard Mortgage: 
    Some buyers use a traditional mortgage to buy the home and pay for renovations out of pocket. This works best for those with strong savings or access to additional funds. 

Pro Tip: Always get a detailed contractor estimate before closing on a fixer-upper. Your lender may require it, and it will help you stay on budget.

The Role of Inspections and Permits: 

Before buying, it’s critical to have a thorough home inspection to assess what repairs are needed. Depending on your renovation plans, you may also need city permits, especially for plumbing, electrical, or structural changes. Permitting delays or code violations can slow down your timeline and increase costs. 

How Your Employee Homeownership Program Can Help: 

Your Employee Homeownership Program is here to support you throughout the journey, especially when things feel overwhelming. Whether you’re just exploring the idea of buying a fixer-upper or you’re already looking at homes, you’ll have access to: 

  • Free Consultations with Homeownership Advisors 
    Understand your options, create a financial plan, and get help comparing fixer-uppers vs. move-in-ready homes. 
  • Loan Option Guidance 
    Learn which renovation loan is right for your situation — and how to qualify. 
  • Trusted Real Estate Agents and Lenders 
    Get matched with experienced professionals who know how to navigate fixer-upper purchases and maximize your program benefits. 
  • Workshops and Resources 
    Access guides, webinars, and checklists to help you understand the renovation process and stay organized. 

Ready to Build the Home You’ve Always Wanted? 

If you’re curious about how a fixer-upper might fit your goals, or just want to understand what’s possible, reach out to your Employee Homeownership Program. You’ll get the personalized guidance, resources, and savings to help make it happen — and avoid costly mistakes along the way. 

Scan to Schedule a Time to Talk

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. * Real estate commission contributions are available as state laws allow. 

Should You Sell Before Buying? What to Know 

Posted on by Michelle Tondu

Should You Sell Before Buying? What to Know 

One of the biggest decisions homeowners face when planning their next move is whether to sell their current home before buying a new one. While there’s no one-size-fits-all answer, understanding the pros and cons of each approach can help you make a decision that fits your financial goals, lifestyle, and comfort level. 

Selling First: Access Equity, Reduce Risk 

Selling your current home before buying gives you clarity — you’ll know exactly how much equity you’re working with and can use the proceeds as a down payment on your next property. This approach also eliminates the risk of carrying two mortgages at the same time, which can strain your finances. 

But the downside? You may need temporary housing while you search for your new home. This can mean moving twice, dealing with storage, and navigating the stress of short-term leases or living with family. 

Buying First: More Flexibility, More Complexity 

Buying your next home before selling your current one allows for a smoother, more controlled move. You can shop without pressure and move on your own timeline. However, it can be harder to qualify for a new mortgage while still paying the existing one — especially if your debt-to-income ratio is tight. You’ll also need to cover two sets of housing costs until your current home sells, which isn’t always feasible without financial planning or assistance. 

What Should You Do? 

The right move depends on your financial situation, the housing market in your area, and your comfort with risk. In competitive markets, buying first may be necessary to avoid losing out on your ideal home. In slower markets, selling first might make more sense. 

Your Employee Homeownership Program Can Help 

Through your Employee Homeownership Program, you have access to resources that can make this decision easier — including one-on-one coaching, affordability planning, and even special loan options that may allow you to buy your next home before selling your current one. 

They can help you weigh your options and identify the strategy that minimizes stress and maximizes financial confidence. 

Find the Best Path Forward 

Schedule your free planning consultation today to explore your options with a Homeownership Advisor. They’ll help you build a game plan that fits your goals, timeline, and financial situation — and support you every step of the way. 

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.   

How Much House Can You Afford? 

Posted on by Michelle Tondu

How Much House Can You Afford? 

Before you start browsing listings or touring open houses, it’s essential to have a clear understanding of how much home you can truly afford. Falling in love with a property that’s outside your financial comfort zone can lead to disappointment — or worse, long-term financial strain.  

That’s why getting your numbers right from the start is one of the smartest moves you can make. Your monthly mortgage payment is only one part of the puzzle. A truly realistic housing budget should include property taxes, homeowners’ insurance, HOA fees (if applicable), maintenance, repairs, and utility costs. In addition to this, your existing debt — including credit cards, car loans, and student loans — needs to be factored in. 

A widely accepted guideline is the 29/41 debt to income ratio rule: 

  • Spend no more than 29% of your gross monthly income on your total mortgage payment (principle, interest, taxes, insurance, and any HOA fees.) 
  • Keep your total mortgage payment, plus the payments for your existing debts under 41% of your gross income.  

Following this rule can help you stay financially stable, reduce the risk of becoming “house poor,” and leave room in your budget for savings, emergencies, and enjoyment. 

As part of your Employee Homeownership Program, you can schedule a free consultation with a Homeownership Advisor. We’ll help you review your current income and debt, run affordability scenarios, explore mortgage options, and create a plan that aligns with your goals. Whether you’re ready to buy now or just getting started, our goal is to help you make confident, informed decisions — and avoid costly mistakes. 

How much to budget for maintenance costs:  

A good rule of thumb is to budget about 1% of your home’s value each year for maintenance. So, if you’re buying a $350,000 home, you’ll want to set aside roughly $3,500 annually for upkeep. However, this number can vary depending on the age and condition of the property. Older homes or homes that haven’t been well maintained may require more frequent and costly repairs, while newer homes with modern systems may cost less to maintain early on. 

That’s why getting a home inspection before you buy is so important.  

A professional inspection can uncover potential issues—like roofing problems, foundation cracks, or outdated electrical systems—before they become expensive surprises. It helps you plan realistically, negotiate necessary repairs, and make a confident, informed decision. Your Employee Homeownership Program offers guidance on what to expect during a home inspection and how to use that information to make smart buying choices. 

Ready to find out what you can afford?  

Schedule your free consultation today and take the first step toward confident homeownership. 

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.   

“Do I Really Need 20% Down?” 

Posted on by Michelle Tondu

“Do I Really Need 20% Down?“

What You Actually Need to Know About Down Payments 

One of the most common myths in homebuying is that you need to save up a 20% down payment. If you’ve heard that, you’re not alone—but here’s the truth: most buyers today put down far less. 

In fact, according to the National Association of Realtors: 

  • The average down payment for first-time buyers is just 6%. 
  • Repeat buyers put down about 17% on average. 
  • Many loan programs allow as little as 3% down, and some offer zero-down options for qualifying buyers (like VA or USDA loans). 

So why do people keep saying you need 20%? 

The answer is private mortgage insurance, or PMI. This is a fee added to your monthly mortgage if you put less than 20% down. It’s designed to protect the lender—not you—in case you stop making payments. But while PMI adds cost, it also makes homeownership more accessible sooner. 

Putting 20% down can reduce your monthly payment, but waiting years to save that amount could cost you more in the long run. 

The Real Risk of Waiting to Save 20% 

Trying to save 20% in a rising market can backfire. Here’s why: 

  • Home prices keep climbing. According to CoreLogic, home values have continued rising year-over-year. Waiting may mean paying more for the same house later. 
  • Interest rates fluctuate. Even a small rate increase can significantly raise your monthly payment—possibly erasing any benefit you gained by putting more down.  
  • You’re missing out on equity. Every month you wait is a month you’re paying rent instead of building wealth. The earlier you buy, the sooner you start growing equity. 

But What If You’re Not Ready? 

Even if you’re not ready to buy this month—or this year—that’s okay. That’s exactly why your Employee Homeownership Program exists: to help you prepare and make informed decisions that align with your goals. 

When you contact us, here’s how we help: 

  • We’ll help you understand what you can afford today based on your current income and credit—and show you how small changes to your credit score, debt-to-income ratio, or savings could expand your options and improve your loan terms. 
  • We’ll help you explore low-down-payment loan options and eligibility for down payment assistance. 
  • You’ll get real numbers, including estimates for monthly payments, closing costs, and whether PMI might apply. 
  • We’ll connect you with trusted mortgage lenders and agents who are trained to help employees maximize their savings and homeownership benefits. 

Bottom Line 

You don’t need to wait until you’ve saved 20% to buy a home. In fact, waiting could cost you more in the long run. What you need is a plan—and we’re here to help you build one that works for your timeline, goals, and budget. 

Schedule your free consultation today and discover how your employee benefit can help you save, plan, and buy smarter. 

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  

What Makes Mortgage Rates Go Up or Down?  

Posted on by Michelle Tondu

What Makes Mortgage Rates Go Up or Down? Here’s What You Should Know 

If you’ve been keeping an eye on mortgage interest rates lately, you may have noticed they move up and down more than you expected. And if you’re planning to buy a home, refinance, or just thinking ahead—understanding what causes those changes can help you feel more confident and in control of your financial decisions. 

Here’s a quick overview of what actually drives mortgage rate changes: 

  1. The Federal Reserve (a.k.a. “The Fed”) 
    While the Fed doesn’t directly set mortgage rates, its policies play a major role. When inflation is high, the Fed often raises the federal funds rate to slow spending—this can lead to higher mortgage rates. If inflation cools, the Fed may lower rates, which can ease mortgage costs. 
  1. Inflation 
    Mortgage lenders pay close attention to inflation. Why? Because inflation reduces the future value of the money they’re lending. If inflation is rising, lenders typically increase interest rates to protect their investments. 
  1. The Bond Market 
    Mortgage rates tend to follow the yield on 10-year U.S. Treasury bonds. When bond yields rise, mortgage rates usually follow. When yields drop, mortgage rates often decrease too. 
  1. The Overall Economy 
    Economic indicators like employment numbers, GDP growth, and consumer spending all impact investor confidence—and that affects mortgage rates. A strong economy often leads to higher rates, while a weaker economy can push rates lower. 
  1. Global Events 
    Yes, even things happening halfway around the world—such as geopolitical conflict or financial instability—can impact U.S. mortgage rates. Global uncertainty often causes investors to shift to safer investments like U.S. bonds, which can lower mortgage rates. 

Why It Matters to You 

Mortgage interest rates play a big role in your monthly payment and the total cost of your home over time. But here’s the good news: you don’t have to try to “time the market.” You just need to know your options—and that’s where your Employee Homeownership Program comes in. 

  • Understand current rate trends and what they mean for you 
  • Explore loan types and payment strategies that fit your budget 
  • Get pre-approved and financially ready—whether you’re planning to buy this year or next 

Ready to Learn More? 

Schedule your free Financial Fitness Consultation today to explore your mortgage options, learn how your homeownership benefits can save you money, and get expert guidance—at no cost to you. 

Your future home (and financial peace of mind) starts with a conversation. Let’s make it happen. 

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.   

Spring Home Selling Tips: 

Posted on by Michelle Tondu

Spring Home Selling Tips: How to Maximize Your Sale This Season 

Spring is one of the most active and profitable times of year to sell a home. With longer days, better weather, and motivated buyers, it’s the ideal season to list your property — but success still depends on preparation and strategy. 

Start with curb appeal. 
First impressions matter. Trim the lawn, refresh your landscaping, and consider a pop of color with seasonal flowers or a new welcome mat. Power-washing your siding, cleaning the windows, and painting the front door can also make a big impact. 

Stage for the season. 
Declutter and deep clean each room to make your home feel open and inviting. Let in as much natural light as possible, and add fresh, spring-inspired accents like light pillows, neutral throws, or a bowl of lemons on the kitchen counter. 

Price it right from the beginning. 
Overpricing your home can turn buyers away before they even step inside. A trusted real estate professional can help you understand your local market and develop a pricing strategy that attracts attention and serious offers. 

Highlight what buyers care about. 
Today’s buyers are looking for move-in-ready homes, energy-efficient features, home office space, and outdoor living areas. If you have those, be sure to highlight them in your photos and listing. 

Don’t go it alone — use your benefit. 
Through your employee homeownership program, you have access to expert guidance, a free certified market analysis, a fix-it list to avoid wasting money on unnecessary repairs, staging suggestions, vetted local real estate agents, plus reduced real estate commission to help you save and walk away with more money. You can also schedule a one-on-one consultation to talk through your selling goals, timeline, and questions — all at no cost to you. 

Selling a home doesn’t have to be overwhelming. With the right support and a smart strategy, you can take advantage of the spring market and feel confident every step of the way. 

Reach out today to learn how your employee benefit can help you get the most for your home. 

SupportSquad@AdvantageHomePlus.com | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.

Is Now the Right Time to Buy? What Experts Say About the Housing Market

Posted on by Michelle Tondu

Is Now the Right Time to Buy? What Experts Say About the Housing Market

With rising home prices and fluctuating mortgage rates, many employees are wondering: Should I buy a home now, or wait? While timing the market perfectly is nearly impossible, experts agree that the longer you wait, the more it could cost you. 

According to Fannie Mae’s Home Price Expectations Survey, home prices are projected to continue rising over the next five years. This means that delaying your purchase could mean paying more for the same home down the road. Additionally, while mortgage rates have been higher in recent years, many economists predict a gradual decline—making now a strategic time to start the home-buying process. 

Even in a shifting market, homeownership remains one of the most effective ways to build long-term wealth. By purchasing a home sooner rather than later, you can begin building equity now instead of paying rent that goes toward someone else’s investment

How Your Employee Homeownership Program Helps 

Your Employee Homeownership Program is designed to help you navigate the homebuying process with confidence while maximizing your savings. Here’s how: 

✔ Lower Your Costs – Take advantage of special lender credits, reduced real estate commissions, and down payment assistance programs to make buying more affordable. 

✔ Work with Experts You Can Trust – Get connected with vetted, program-approved real estate agents and mortgage professionals who specialize in guiding employees like you. 

✔ Get Mortgage-Ready – Schedule a free Financial Fitness Consultation to understand your buying power, improve your credit, and create a customized plan for homeownership success. 

Start planning today! Schedule your free consultation to explore your home-buying options  

SupportSquad@AdvantageHomePlus.com | (800)511-2197

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  

Spring Home Selling: Maximize Your Profit with the Right Renovations  

Posted on by Michelle Tondu

Spring Home Selling: Maximize Your Profit with the Right Renovations  

Spring is the busiest season for home sales, with more buyers actively searching, meaning homes tend to sell faster and for top dollar. If you’re considering selling, now is the time to start preparing your home to stand out in a competitive market. 

The Right Repairs Will Matter More This Spring 
Housing inventory is higher than in previous years, and buyers are being more selective. According to Carlos Martin, Director of the Remodeling Futures Program at Harvard University’s Joint Center for Housing Studies, homeowners are increasing the pace and scope of home improvement projects to stay competitive. Some of the most common updates include replacing HVAC units, water heaters, and flooring—but which projects really offer the best return? 

Focus on High-ROI Upgrades 
Not all home improvements provide the same payoff. According to Zonda’s Cost vs. Value Report, the highest return on investment (ROI) comes from garage door replacements (194% ROI), manufactured stone veneers (153% ROI), and minor kitchen remodels (96% ROI). (See the Renovation Projects with the Highest ROI chart below.) 

How Your Employee Homeownership Program Can Help 

Before making any updates, connect with your Employee Homeownership Program to ensure you’re making smart investments that will maximize your home’s value and help you sell faster. Through the program, you’ll have access to: 

✅ Reduced real estate commissions through program-approved agents—helping you keep more profit from your sale. 
✅ A free market analysis to set the right price based on real-time data, not guesswork. 
✅ Staging recommendations and decluttering strategies to make your home more appealing to buyers. 
✅ Expert guidance on home improvements—so you focus on updates that provide the highest return. 
✅ Local, program-approved real estate agents who are neighborhood experts, understand what buyers are looking for, and will help you navigate the entire process smoothly. 

Spring is the best time to sell, but preparation is key. Take advantage of these exclusive benefits to make the most of your home sale! 

Thinking about selling? Schedule time to talk and learn about your program benefits! 

SupportSquad@AdvantageHomePlus.com  | (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  

Make the Home Buying Market Work for You – Not Against You 

Posted on by Michelle Tondu

Make the Home Buying Market Work for You – Not Against You 

Trying to decide whether to buy a home now or wait? While market conditions matter, trying to perfectly time the market isn’t a realistic strategy—there are too many factors at play.  

That’s why experts say make the market work for you, not against you.  

According to Bankrate: 

“No matter which way the real estate market is leaning, though, buying now means you can start building equity immediately.” 

Each quarter, Fannie Mae’s Home Price Expectations Survey (HPES) polls over 100 economists and housing experts. Their latest projections show home prices will continue to rise through at least 2029, just at a more moderate pace. 

What does this mean for you? If you buy a $400,000 home in early 2025, expert forecasts suggest you could gain over $83,000 in home equity over the next five years. Meanwhile, renters miss out on these long-term wealth-building opportunities. 

Through your Employee Homeownership Program, you have access to exclusive savings, expert guidance, and down payment assistance programs that can help make homeownership more affordable—whether you’re looking to buy, sell, or refinance. 

Bottom Line: Don’t wait for the perfect market—take advantage of the resources available to you today and make the market work for you. Schedule time to talk with your Employee Homeownership Program to explore your options! 

Schedule a Time to Talk

SupportSquad@AdvantageHomePlus.com  |   (800)511-2197 

The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  

This is the Sweet Spot Homebuyers Have Been Waiting For 

Posted on by Michelle Tondu

This is the Sweet Spot Homebuyers Have Been Waiting For 

If you’ve been holding off on buying a home because of high mortgage rates and rising prices, you might want to rethink your strategy. The market is shifting, and recent trends show that right now might be the sweet spot buyers have been waiting for. 

After months of affordability challenges, mortgage rates have started trending downward, and there’s been a noticeable improvement in buying conditions. This unique moment presents an opportunity that may not last long, making now an ideal time to consider making your move. 

What Makes Today’s Market Different? 

The recent dip in mortgage rates is opening the door for many potential buyers who were previously priced out. According to a survey from Bankrate, more than half of homeowners said they would be motivated to buy if rates dropped below 6%. We’re already in the low 6% range, so that threshold isn’t far off. As more buyers step back into the market, competition will increase, and home prices could begin to climb again. 

As Nadia Evangelou, Senior Economist and Director of Real Estate Research at the National Association of Realtors (NAR), explains: 

“The downside of increased demand is that it puts upward pressure on home prices as multiple buyers compete for a limited number of homes. In markets with ongoing housing shortages, this price increase can offset some of the affordability gains from lower mortgage rates.” 

Pro Tip: In a shifting market, being prepared is key. With more buyers expected to re-enter the market soon, you’ll want to be ready to move quickly when you find the perfect home. Take advantage of your employee homeownership benefits to get pre-approved at no cost, giving you a head start on other buyers. Plus, schedule a free financial fitness consultation to ensure you’re in the best position to make a strong offer. This way, you can secure your dream home without delays and potentially save thousands on closing costs!

Affordability Has Already Improved 

With easing mortgage rates, the cost of buying a typical home has already come down. Mike Simonsen, Founder of Altos Research, highlights: 

“Mortgage payments on the typical-price home are 7% lower than last year and are 13% lower than the peak in May 2024.” 

That’s a significant drop and a great opportunity to buy a home before rates rise again or competition intensifies. At the same time, the supply of homes is higher than it’s been in years, giving you more options to choose from. According to Ralph McLaughlin, Senior Economist at Realtor.com: 

“The number of homes actively for sale continues to be elevated compared with last year, growing by 35.8%, a 10th straight month of growth, and now sits at the highest since May 2020.” 

This means you’re more likely to find the right home without feeling pressured by a limited selection. 

Pro Tip: Navigating the current market is easier when you have the right team supporting you. By using your employee homeownership benefits, you gain access to trusted real estate agents who are familiar with your program’s exclusive savings opportunities. These agents not only understand your needs but can also guide you through the process seamlessly—whether it’s finding hidden gems in your desired neighborhood or securing a pre-approval for free. With their help, you’ll have everything you need to make a confident offer and unlock significant savings when it’s time to close!

Why Waiting Could Cost You 

If you’re waiting for the perfect time to buy, it’s important to remember that timing the market is nearly impossible. The longer you wait, the more likely it is that conditions will shift in a way that makes buying harder, not easier. 

As Greg McBride, Chief Financial Analyst at Bankrate, warns: 

“It’s one of those things where you should be careful what you wish for. A further drop in mortgage rates could bring a surge of demand that makes it tougher to actually buy a house.” 

This means that if you wait too long, you might find yourself competing with a flood of new buyers, driving prices up and reducing your chances of securing the home you want.

Pro Tip: It’s a great time to buy, but competition could increase quickly as more buyers enter the market. Stand out from the crowd by using your program benefits to get pre-approved early and have a personalized buying plan in place. A complimentary consultation with your Benefits Advisor will show you how to make the most of your exclusive perks, such as reduced closing costs and special discounts, potentially saving you thousands on your home purchase.

Bottom Line: Take Advantage of Today’s Market Conditions

Right now, with fewer buyers in the market and more homes available, you have a rare opportunity to buy with less competition and greater negotiating power. This buyer sweet spot might not last long, so don’t wait until conditions change.

Ready to take the next step?  Reach out to us today and see how you can make your homeownership dreams a reality while saving money and your employee benefits. 

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The information contained and the opinions expressed in this article are not intended to be construed as investment advice. Advantage Home Plus does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.