Tag Archive for: purchase power

The Cost of Waiting To Buy…

A pre-approved buyer of ours is devastated because he lost $75,000 of purchase power, despite getting a raise, and is now priced out of his desired market. This is a result of two things: (1) higher rates; and (2) waiting months to make offers.Read More

How Much Do HOA Dues Zap Purchasing Power?

We recently had a buyer who desperately wanted to qualify for a condo purchase but could not because the HOA dues were $800 per month! This prompted me to remind […]Read More