Marry the House and Date the Rate

How to determine your buying power in today s market Todays real estate market is going through many ups and downs. Home prices have fallen but there is more inventory, and mortgage rates remain high. So as a buyer, how do you determine your buying power Let s find the answer with Rich Barnes, the best real estate agent in West Allis, WI. In todays market, buyers have all the leverage to negotiate with sellers. Most homes on the market today are by sellers who need to sell. This means they may be more willing to offer concessions. More importantly, sellers are no longer asking buyers to remove all of their contingencies with an offer like we have seen the last couple of years. Combining all of this together gives a buyer more power and leverage to purchase a home and can outweigh the cost of high mortgage rates. Moreover, buyers can always refinance after purchasing when rates eventually come down. Of course, its best to consult an experienced real estate agent to