A Win Win Strategy for Buyers and Sellers
Posted by Kim Blanton on
Tackling Higher Interest Rates in 2024
Use the StepUp Mortgage from Acopia Home Loans
2022 and 2023 have seen a lot of changes in the real estate market. We have experienced a timeframe where there were multiple offers on the same home. Those offers were often well over asking price and with few to no contingencies. If a buyer needed financing, often their offers were not considered if the seller received cash offers. Fast forward to end of 2024 where homes are staying on the market longer, few or no multiple offer situations and few to no cash offers. Buyers are once again able to make offers contingent on appraisals, home inspections and financing.
Now let’s throw in the rapid rising of interest rates over the course of 2022 and 2023, …
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