My New Blog

Currently the incentives for “flippers” are the availability of mortgages at historically low interest rates and low-priced distressed properties now on the market.  However, the risks maybe great for these buyers with home values in many markets still in an up-and-down volatile mode.

For Buyers purchasing the “flipped home”, they may incur additional fees required due to the perceived risk by mortgage investors because of the home value volatility.  Regardless, purchasing in this market maybe an opportune time for some of these Buyers.