What You Can Do When The Market Crashes
Updated: Jan 23
I’m going to keep it really simple for you in this one.
Knowing what I’m about to tell you is going to make you smarter than most real estate professionals and for sure make you in the top 1% of homeowners when it comes to knowledge. And this is not even going to be high level but I think people really need to hear this.
Prices go up and down like a rollercoaster. This happens because of something called affordability.
When people can afford to buy houses, more people want to buy them. But when people can't afford houses, not as many people want to buy them. We have been talking about this for years here 👇.
Let me tell you a little bit of my personal experience.
I remember back in 2008, when I was just starting out as a mortgage broker. I was so excited to help people buy their dream homes. But then, something bad happened. The market was not doing well, and people couldn't afford to buy houses as much as before. This made it hard for people like me who helped people buy houses.
One day, my boss called the whole office to lunch. We all thought it was strange, but we went along with it. When we came back, they locked the doors and fired everyone. I was so sad. Not only did I lose my job, but I also lost my own house. I had to sell my house because I couldn't afford it anymore, and I even had to file for personal bankruptcy which is like not having enough money to pay your bills. It was a really hard time for me and my family.
Years went by, and I decided to start my own company called Foxy Home Buyer. We help people sell their houses. We want to make sure that people get the best deal for their house and have all the options to make the best decision for them. We will make money, but not at the expense of giving someone something they don't want. If we can't help someone sell their house, we will show them a better way to sell.
It's important to remember that the market is not always stable and prices do not always go up. Sometimes, things can get tough and it's important to be prepared for it. I know from my own experience how hard it can be to lose your home and I don't want anyone else to go through that. That's why I started Foxy Home Buyer, to help people make the best decisions for them and their families.
So if you ever need help selling your home, give us a call at 866-404-3699 and we'll give you an offer for as little as 9 minutes. You can also visit our website at www.foxyhomebuyer.com, fill-in the form with your name, phone number, and the address of the property you're selling and we'll reach out to you as soon as possible. With our Guaranteed Sold program you can be assured that your property will be sold with no hassle at all.
We, at Foxy Home Buyer, are more than happy to help you in making sure YOU don't experience what I've gone through.
Keep it Foxy,
Sales Manager & Founder