The Factor in Selling a Home Today
If you have a choice between price and terms . . pick terms.
–famous real estate line
Once upon a time, when mortgage rates were in the stratosphere, “terms” — specifically, financing terms, if the Seller was providing it — were everything in real estate deals.
Fast forward to today’s environment of free money (for banks) and very, very cheap money (for home Buyers with decent credit).
Once a listed home is well-staged, photographed, and otherwise well-marketed . . . the only factor that’s left is price (that insight per City Lakes Office Manager Josh Kaplan).
