5 Step Strategy for Downsizing Your Home

Whatever your reasons are for downsizing, the process can seem overwhelming. That’s why we’ve outlined five steps to guide you on your journey. And in the end, we hope you’ll find that less is more … more comfort, more security, and more time and energy to spend on the activities and the people that you love.

National Snapshot: What’s Ahead for Real Estate

National Snapshot: What’s Ahead for Real Estate The U.S. unemployment rate is at a 50-year low, and consumer confidence remains high. In fact, the University of Michigan’s latestSurveys of Consumersfound that Americans have their most positive personal finance outlook since 2003.1 However, if you follow national news, you’ve probably heard speculation that we could be headed toward a recession. Global…

Home Improvement

Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget

Top 3 Cyber Crimes Targeting Real Estate Transactions

1. Stolen Down Payments Scammers are disguising themselves as the client’s title company, telling them to wire the funds in order to close the deal. These scammers take the down payment funds and it’s nearly impossible to track them down. Always confirm the receipt of internet-based information through a phone conversation or in face-to-face meetings. Double check that the contact…

How Interest Rates Affect Payment

Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. As the interest rates go up, it will cost you more to live in the very same home or to…

It Isn’t Final Until It’s Funded

    Mortgage approval isn’t final until it’s funded.  Things can change prior to the loan being closed that can affect a pre-approval such as changes in the borrowers’ financial situation or possibly, factors beyond their control like interest rate changes. Good advice to buyers is to do nothing that can affect your credit report until the loan closes. Opening…

2017 – Great Time to Sell!

2017 Projections Show Tight Housing Market: It has already started, the wave of projections for 2017. And as we are seeing more and more start to hit, they have a common theme: 2017 will continue to be a very tight market. The latest prognosis comes from Money magazine which reported that nationally, home prices are expected to keep rising, albeit…

5 Signs Your Home is Overpriced

You Are Priced Higher Than Your Neighbors – when you interview agents, they should provide you with a market analysis (CMA) using data for homes sold in the previous 6 months that are similar in size and style and are within a 1 mile radius. Very often sellers want to list at a price that is higher than the market…