June is national homeowner’s month, and for many people, owning a home represents the American Dream, financial stability, and sustainability. It’s is an investment in the community, a place to set roots, build memories, and one of the largest assets a person will ever have.
Whether your idea of the perfect home is a cottage in a quiet community, a town home close to relatives, or a large, luxury estate with all the modern nuances, home is where the heart is and where you build your financial stability.
Owning a Home Just Got Easier with Lower Rates
For the first time in 16 months, interest rates have dropped below 4%. According to Freddie Mac, interest rates declined to 3.99%; last year at this time, rates were at 4.56%. This makes buying a home more affordable for those waiting to purchase a home and timelier for those wanting to lock in a low interest rate.
Whether you are looking for a 30 year fixed, a 15 year fixed, or a 5/1 ARM, it’s a wise decision to consult with a professional mortgage advisor who can look at your specific information and pre-qualify you.
Why Being Pre-Qualified Puts You Ahead of the Competition
In any market, a seller wants to choose a buyer who comes in with a fair asking price and the least possibility of anything going wrong during the transaction. When you present your offer with proof of pre-qualification for a loan, you are giving the seller sound financial reassurance that you can afford their home and have the funds.
Whether you use a bank or go to one of the many lenders, your loan officer should present you with a pre-qualification document that you can use during the offer. Your Realtor® should present a copy of the document with your offer and any other documents that can make your deal more attractive than the competition.
Working with an Experienced, Professional Realtor®
Whether this is your first home, an investment property, or a downsize from your previous homes, working with an experienced professional will get you results you deserve and desire.
The Gamache Team has been representing the Tri-Valley Area for more than 20 years, having previously been a part of a Senior Team that has been representing the Tri-Valley for over 52 years.
Real Estate runs deep with The Gamache Team, and they are experts at helping you achieve your American Dream of Home Ownership.
Contact The Gamache Team
If now is the right time for you to invest in real estate, own a home yourself, or even start looking at homes, The Gamache Team is prepared to help you plan, budget, learn about down payment options, and direct you to a lender who can take care of you.