SF Peninsula Real Estate Guru

I just received an email from my former assistant, Mary.

Mary and her husband moved to Arizona recently and they had their first child a few months ago. Like many younger couples, they had some consumer debt but they very much wanted to own their own home.

Please read this email and look for how they turned a supposed NEGATIVE into a POSITIVE for them. They used the fact that the AZ market was very very slow to their benefit - they found a good house they could afford - worked a deal to pay off their debt as part of the sale - and now are HAPPY homeowners.

Here is Mary’s email:

Hi All!
 
Thought you’d like to know that we are now proud homeowners! We just bought a 3 bed, 2 bath 1-story home on the southeast side of Tucson. It’s about 10 years old and had been on the market for over a year! (Not because there’s anything wrong with the house, the market is just really bad here.) We’ve got a 2 car garage, great landscaping, quiet neighborhood with a park and a hot tub with no heater. Yup, you read that correctly. Basically we have a round pool that bubbles. And with the deal we made with the sellers we were able to pay off the majority of the remaining debt we have and so it’s a sure thing that I will be able to stay home with Amy. In fact, starting Oct. 1 I will be watching our niece and nephew full time…….so I guess technically I’m still working.

That’s what it is all about ! Yes, the market is slow - use that to your advantage and get a house now - while selection is good - and you can actually negotiate with a seller to get a good buy. Yes, prices may drop a little further - but in the long run, you will ahead of the game.