August 2013

Found 4 blog entries for August 2013.

Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home., 

Here are six tips for negotiating the best price on a home.

1. Get prequalified for a mortgage

Getting prequalified for a mortgage proves to sellers that you’re serious about buying and capable of affording their home. That will push you to the head of the pack when sellers choose among offers; they’ll go with buyers who are a sure financial bet, not those whose financing could flop.

2. Ask questions

Ask your agent for information to help you understand the sellers’ financial position and motivation. Are they facing foreclosure or a short sale? Have they already purchased a home or relocated, which may make them eager to accept a lower price to

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According to the associated press in WASHINGTON today, August 23, 2013 the average U.S. rates for fixed mortgages rose this week to their highest levels in two years, driven by heightened speculation that the Federal Reserve will slow its bond purchases later this year.  They stated that the average rate on 30-year mortgage is up to 4.58%.

For all of us who are slightly more experienced in you remember when we were talking over 7% for a 30 year mortgage?   I'm thinking that this news ain't so bad!

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Today - according to the National Association of Realtors:

The national median existing-home price3 for all housing types was $213,500 in July, which is 13.7 percent above July 2012. This marks 17 consecutive months of year-over-year price increases, which last occurred from January 2005 to May 2006.

The median price has risen at double-digit rates for the past eight months, and is now 7.3 percent below the all-time record of $230,400 in July 2006. Two years ago, the median price was 25.7 percent below the peak.

How about a - YAHOO!!!! What great news for sellers!

If you want to sell, contact us today!!!  We look forward to assisting you!

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As a realtor, we often enter homes that people want to sell only to find that they have an ABUNDANCE of personal items and clutter that seems to fill the space along with oversized furniture.  What we know is true, is that a NEW BUYER wants to see how they can setup the home to make it their own. When the home is filled with clutter, oftentimes the new buyer cannot see past that.  And while we offer this advice to the seller, it seems the attachment to stuff is difficult for most to separate from.  Here is a great article that includes staging photos - before and after, which hopefully can change the perspective on the issue. 
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