There’s no denying that the pandemic has adversely affected the entire world. So many companies have gone under, millions of people have lost their jobs, and families that thought they had a good financial cushion have found themselves left exposed after their savings were wiped out.
Now we’re being told there’s a third wave coming, and despite the fact that we now have a vaccine, normalcy won’t return anytime soon. So what’s the logical thing to do? We Buy Fast Houston Houses know what you’re thinking. You’re probably thinking holding onto he little money that you have left is what’s best at this moment, but you’re wrong.
If you’re smart enough, you’ll realize that’s exactly what all the other Houston, Texas homeowners will be thinking. And if that’s what everybody’s thinking, you now have an opportunity to invest in any real estate of your choice, without worrying about the competition.
Buying my first house now
Low mortgage rates
This is a public service announcement: The mortgage rates in this country have dropped to a historic low. Tell one, tell all.
If you’ve been an avid follower of what goes on in different markets, you must know by now our 15-year and 30-year fixed-rate average have both dropped to 2.17 percent and 2.67 percent respectively. So what We Buy Fast Houston Houses is trying to tell you is, if there was ever a right time to buy my home fast in Texas, now’s the time.
Real estate appreciation
Once people realize investing during the pandemic is what’s good for them, competition will be cutthroat again, and that will help real estate appreciate in Houston, Texas and everywhere else in the country. So go buy my house fast today, and in a year or two, its value will have increased by a significant percentage.
Adequate inventory
The market has been flooded by inventory ever since this pandemic started. People stopped paying their mortgages and as a result, a lot of homes went into foreclosure. Banks have never been in the business of investing in properties, so they’ve been forced to look for willing buyers who’ll help them get back what they’re owned.
This is the best time to buy my house fast because you’ll have options. You don’t have to settle for something that you don’t like just because you’re afraid of losing it all.
Is there any downside to buying my home fast now?
Actually, there is. We Buy Fast Houston Houses don’t know whether you’ve heard this but there’s something called an Eviction Moratorium. It bars landlords in Texas and everywhere else from evicting tenants who can’t pay rent during this pandemic. So you could buy a home and have to deal with tenants afterwards.
Also, securing any kind of mortgage during this period is a tall order. Banks and all the other lending institutions are reluctant to lend due to obvious reasons.
However, there’s an easier way of buying. If you’re serious about investing in Texas, you can always reach out to We Buy Fast Houston Houses and get yourself an affordable home.