Is Something Blocking You from Buying?
1. “I think I might wait for prices to come down.”
Historically, real estate prices throughout The Bahamas don’t trend downward, but instead, prices remain consistent, and in most instances, prices increase over time. This trend makes The Bahamas a great market to securely invest in a home or property but please keep in mind that the market is also time-sensitive in which real estate values will continue to increase.
3. “I don’t think I have enough money saved to start the process.”
If you require financing to buy, the best way to get an accurate picture of the cash necessary to purchase a home or property is to get pre-qualified with a lender. Our experienced agents are happy to refer you to a mortgage officer in our local banks who can analyze your financial position and get you pre-qualified. The pre-qualification process will determine how much the lender is offering to lend you and how much money you will be required to come up with for the deposit and closing costs.
Don’t let the fear caused by an emotion create a mental block and postpone your decision to buy your dream home or property. Instead, “live on the edge” and pursue the excitement and benefits of homeownership now!