This year is gearing to be an interesting one. The Fed does not seem to slow down their relentless fight against inflation by increasing interest rates. This is making housing purchases to slow down significantly, as monthly payments for home owners are getting higher and higher, even if prices in some areas seem to keep going down.

Due to the price to borrow money now, companies are uncertain about what the future may hold. So now we are seeing massive layoffs from different industries. The technology industry seems to be hard hit with these actions.

We want to offer our readers a few tips in case that their situation starts calling for a change:

• Do not wait until you can no longer make your payments. A good transaction needs time.
• Avoid the temptation of making repairs or rehab your home yourself, unless you are a professional. You risk spending unnecessary money. Repairs can be easily included in the price of your home.
• Keep in mind that companies like ours can provide more options than regular realtors. The approach is different and we are willing to work with the home owner to get the best value of the transaction for both parties.
• Review your new living arrangements. As part of our deals, we have provided paid housing for many families in distress.

We are here to help, in good faith.