This document provides an overview of factors to consider when buying a home, including reasons to buy now rather than wait. It discusses how home prices and mortgage interest rates are projected to increase in the coming years. It emphasizes the importance of working with a knowledgeable real estate agent who can guide buyers through the process and help negotiate a good deal. Projections from housing analysts and economists suggest home values will appreciate 3.6% annually over the next five years on average.
This document provides information to help readers consider factors when buying a home. It discusses 4 reasons to buy a home now such as projected rises in home prices and mortgage interest rates. It emphasizes the importance of using a real estate professional when buying a home to navigate the process smoothly. The document also outlines demands buyers should make of their agents, such as finding the right home and removing challenges. Finally, it presents perspectives on the future of home prices, interest rates, the mortgage process, and the financial benefits of homeownership.
This document provides information and advice for homeowners considering selling their house. It discusses reasons why now may be a good time to sell, the importance of using a real estate agent, demands to make of your agent, reasons not to sell For Sale By Owner (FSBO), recent home price trends, projected mortgage interest rate trends, benefits of moving up to your dream home now while rates are low, and things not to hear from a prospective listing agent when interviewing them. The key information is around the current housing market conditions, factors to consider when deciding whether and when to sell, and tips for choosing a qualified real estate agent to represent the homeowner.
This document provides information and advice for homeowners considering selling their house. It discusses the advantages of selling in winter, including strong buyer demand, less competition from other listings, and a quicker closing process. It emphasizes the importance of hiring a real estate agent to sell the home, as most buyers still work with agents despite using online research. The document also outlines five demands homeowners should make of their agent, such as being honest about the listing price and helping facilitate the move. Finally, it lists five reasons why selling For Sale by Owner (FSBO) is typically not the best choice.
Things to consider when selling a home- Winter 2015Karen McKiernan
This document provides information and advice for homeowners considering selling their house. It discusses the advantages of selling in winter, including strong buyer demand, less competition from other listings, and a quicker closing process. It emphasizes the importance of hiring a real estate agent to sell the home, as most buyers still work with agents despite using online research. The document also outlines five demands homeowners should make of their real estate agent, such as being honest about the listing price and helping facilitate the move. Finally, it lists five reasons why selling For Sale By Owner is typically not the best option for homeowners.
This document provides information to help homeowners considering selling their house. It discusses the importance of using a real estate agent rather than selling the house as a for-sale-by-owner (FSBO). Reasons include that agents have greater exposure for the listing through digital and social media marketing strategies. They also have experience negotiating with buyers and their agents, which owners may not have. The document also outlines demands homeowners should make of their real estate agent, such as being truthful about pricing, understanding the homeowners' timeline, removing challenges from the selling process, and ensuring the house is ultimately sold.
This “Seller Guide” will help you simply and effectively explain the current market to potential sellers, and give you powerful marketing materials to share with clients, or bring to your pre-listing appointments
Things to Consider When Selling Your House (Spring 2015)
This “Seller Guide” will help you simply and effectively explain the current market to potential sellers,
KCM Keeping Current Matters is my resource for giving Buyers and Sellers in the Greater Lansing real estate market the tools they need to make good decisions. The Fall 2014 Guidebook just released for your enjoyment. Feel free to contact me at mike@mikebowler.com moving across town or across the nation.
This document provides information to help readers consider factors when buying a home. It discusses 4 reasons to buy a home now such as projected rises in home prices and mortgage interest rates. It emphasizes the importance of using a real estate professional when buying a home to navigate the process smoothly. The document also outlines demands buyers should make of their agents, such as finding the right home and removing challenges. Finally, it presents perspectives on the future of home prices, interest rates, the mortgage process, and the financial benefits of homeownership.
This document provides information and advice for homeowners considering selling their house. It discusses reasons why now may be a good time to sell, the importance of using a real estate agent, demands to make of your agent, reasons not to sell For Sale By Owner (FSBO), recent home price trends, projected mortgage interest rate trends, benefits of moving up to your dream home now while rates are low, and things not to hear from a prospective listing agent when interviewing them. The key information is around the current housing market conditions, factors to consider when deciding whether and when to sell, and tips for choosing a qualified real estate agent to represent the homeowner.
This document provides information and advice for homeowners considering selling their house. It discusses the advantages of selling in winter, including strong buyer demand, less competition from other listings, and a quicker closing process. It emphasizes the importance of hiring a real estate agent to sell the home, as most buyers still work with agents despite using online research. The document also outlines five demands homeowners should make of their agent, such as being honest about the listing price and helping facilitate the move. Finally, it lists five reasons why selling For Sale by Owner (FSBO) is typically not the best choice.
Things to consider when selling a home- Winter 2015Karen McKiernan
This document provides information and advice for homeowners considering selling their house. It discusses the advantages of selling in winter, including strong buyer demand, less competition from other listings, and a quicker closing process. It emphasizes the importance of hiring a real estate agent to sell the home, as most buyers still work with agents despite using online research. The document also outlines five demands homeowners should make of their real estate agent, such as being honest about the listing price and helping facilitate the move. Finally, it lists five reasons why selling For Sale By Owner is typically not the best option for homeowners.
This document provides information to help homeowners considering selling their house. It discusses the importance of using a real estate agent rather than selling the house as a for-sale-by-owner (FSBO). Reasons include that agents have greater exposure for the listing through digital and social media marketing strategies. They also have experience negotiating with buyers and their agents, which owners may not have. The document also outlines demands homeowners should make of their real estate agent, such as being truthful about pricing, understanding the homeowners' timeline, removing challenges from the selling process, and ensuring the house is ultimately sold.
This “Seller Guide” will help you simply and effectively explain the current market to potential sellers, and give you powerful marketing materials to share with clients, or bring to your pre-listing appointments
Things to Consider When Selling Your House (Spring 2015)
This “Seller Guide” will help you simply and effectively explain the current market to potential sellers,
KCM Keeping Current Matters is my resource for giving Buyers and Sellers in the Greater Lansing real estate market the tools they need to make good decisions. The Fall 2014 Guidebook just released for your enjoyment. Feel free to contact me at mike@mikebowler.com moving across town or across the nation.
Selling your home? Here are some vital tips about the current real estate market that may help you sell your home for the most money, and choose the right real estate agent.
This document provides information to help homeowners considering selling their house. It discusses 5 reasons to sell a house now while demand is strong. It also discusses how to get the most money from a home sale by pricing it slightly low and using a real estate agent. The document provides tips on moving up to your dream home before mortgage rates increase further. It emphasizes the importance of using a real estate agent and lists 5 demands homeowners should make of their agent. It also shares data on recent home price increases and how that impacts home appraisals. The document discusses why most homeowners are better off not selling their house as a for sale by owner (FSBO) and instead using an agent.
Keeping Current Matters is my best resource to keep Greater Lansing, Michigan Sellers and Buyers informed throughout the year on the real estate market. I hope you enjoy. For local updated market reports contact me at Coldwell Banker Hubbell BriarWood for your copy mike@mikebowler.com
This document provides an overview of key considerations for homeowners thinking about selling their home. It discusses 5 reasons to sell now, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home before prices increase further, and the importance of moving on with your life goals. Other sections discuss the value of hiring a real estate agent compared to selling For Sale by Owner, properly pricing the home upfront, demands to make of your real estate agent, reasons not to sell For Sale by Owner, and how mortgage rates and home prices are projected to change in coming years. The document aims to educate homeowners on current housing market conditions and factors to consider when preparing to sell.
This document provides information and advice for homeowners considering selling their house. It discusses reasons why homeowners may want to sell now rather than wait until later in the year or winter. Some key points covered include strong buyer demand currently, less competition from other homes on the market now, and avoiding delays that can happen around the holidays. The document also discusses the importance of using a real estate agent to sell your home and get the best price. It provides tips on what to demand from your agent, and reasons why selling for sale by owner is typically not the best option. Additional sections give predictions on future house price appreciation and rising mortgage interest rates.
People across the country are beginning to think about what their life will look like next year. It happens every fall. We ponder whether we should relocate to a different part of the country to find better year round weather or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their house now or wait. If you are one of these potential sellers, here are five important reasons to do it now versus the dead of winter.
The document provides advice for homeowners considering selling their house. It discusses:
1. Five reasons to sell a house now in the spring, including strong buyer demand, less competition from other listings, a quicker selling process, better prices for moving up to a larger home, and being able to move on with your life.
2. The importance of using a real estate agent when selling, as most buyers still use agents despite conducting internet research, and agents help negotiate the sale.
3. Five demands to make of a real estate listing agent, such as being honest about the listing price, understanding the homeowner's timeline, removing challenges from the sale, helping with relocation, and ensuring the house sells.
This document provides an overview of the home buying process when working with a Coldwell Banker sales associate. It outlines key steps including determining a budget, getting pre-approved for a mortgage, deciding on a mortgage type, making an offer, and attending the closing to finalize the purchase. The sales associate can help find properties through multiple listings, open houses, and online access to over 600,000 properties.
Things you must consider when selling your home this Fall. For more detailed information about Metro Boston and Melrose, MA real estate, contact Bill Butler at RE/MAX Leading Edge, billbutler@remax.net
This document provides an overview of factors to consider when selling a home. It discusses 5 reasons why now is a good time to sell, including strong buyer demand, less competition from other listings, a quicker home selling process, benefits of moving up to a more expensive home now before prices increase further, and being able to move on with your life goals. It emphasizes the importance of using a real estate agent when selling, as most buyers rely on an agent despite using online search tools. It also stresses the importance of properly pricing the home initially to avoid future price reductions and ensure the best possible selling terms.
This document provides an overview of factors to consider when selling a home. It discusses 5 reasons why now is a good time to sell, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home now before prices increase further, and being able to move on with your life goals. It emphasizes the importance of using a real estate agent when selling, as most buyers rely on an agent despite using the internet in their home search. It also stresses the importance of properly pricing your home initially to avoid future price reductions and get the best price.
This document provides an overview of factors for homeowners to consider when selling their house. It discusses 5 reasons to sell now, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home now before prices rise further, and being able to move on with your life goals. It also emphasizes the importance of using a real estate agent when selling, as buyers rely on agents for finding homes, negotiations, and understanding the process. In addition, it outlines 5 demands homeowners should make of their real estate agent, such as getting an honest assessment of the listing price, understanding the homeowner's timeline, removing selling challenges, assisting with relocation, and ensuring the primary goal of
The document provides an overview of various factors to consider when buying a home. It discusses how home prices and mortgage interest rates are projected to rise in the coming years. This would mean higher costs for homebuyers who wait. The document emphasizes that as prices rise, it may be better to buy a home now rather than waiting. Several articles examine projections for home price growth, rising mortgage rates, and the potential financial benefits of purchasing a home.
This document provides information and advice for homeowners considering selling their home. It discusses reasons why selling now makes sense due to strong buyer demand and limited housing supply. It also outlines tips for maximizing the sale price such as pricing the home slightly below market value and using a real estate agent who can help negotiate the best deal and properly market the home. Additional articles discuss factors like rising mortgage rates, home price appreciation trends in different areas of the country, and common mistakes made by homeowners who attempt to sell their home without an agent. The overall message is that hiring a knowledgeable real estate professional can help sellers navigate today's competitive housing market and get the best terms.
The document provides information to help buyers consider factors when purchasing a home, including reasons to buy now such as projected rising interest rates and home prices, the importance of hiring a real estate professional to negotiate and guide through the process, common misconceptions about down payments and credit scores needed to qualify for a mortgage, and non-financial emotional reasons why Americans purchase homes.
This document provides an overview of things to consider when buying a home, including reasons to buy a home in the fall, the housing market outlook, tips for finding a dream home, benefits of owning versus renting, and information on mortgages, interest rates, and down payments. It emphasizes the value of working with a real estate professional to have an expert on your side during the home buying process.
Things to Consider When Selling Your House - Fall 2015Tom Blefko
This document provides an overview of key considerations for homeowners looking to sell their house in the fall of 2015. It discusses the benefits of selling in the fall including strong buyer demand, less competition from other listings, and a typically quicker home buying process. It emphasizes the importance of using a real estate agent to sell your home and properly pricing the home upfront rather than overpricing and later lowering the price. It also notes the potential challenge of appraisals coming in lower than the contract price due to rising home values.
This document discusses factors to consider when buying a home, including:
- 4 reasons to buy a home this fall: home prices will continue rising, mortgage interest rates are projected to increase, owning a home means paying your own mortgage principal rather than a landlord's, and it's time to move on with your life.
- Getting pre-approved for a mortgage before home shopping shows sellers you're serious and can help speed up the process.
- Common misconceptions around down payments and credit scores needed to qualify for a mortgage. In many areas, a 3% down payment is possible in under 2 years of saving.
- The mortgage process involves paperwork to thoroughly verify a buyer's income, assets
This document provides an overview of key considerations for buying a home, including reasons to buy a home in the fall, current trends in home prices and mortgage interest rates, the benefits of hiring a real estate professional, common real estate terminology, and the financial benefits of homeownership. The main points covered are that home prices are projected to continue rising, mortgage rates are low but expected to increase, real estate professionals can guide buyers through the complex home buying process, and owning a home provides tax advantages and equity building over renting.
This document provides advice and information for homeowners considering selling their house. It discusses the benefits of hiring a qualified real estate agent to handle the sale. The agent should understand the homeowner's timeline, remove challenges, help with relocation plans, and ensure the house is sold. It also cautions homeowners to carefully consider the responsibilities of renting their house out instead of selling, and explains the financial advantages of selling now rather than waiting until supply increases in the summer months.
This document discusses four reasons to consider buying a home now rather than waiting:
1. Home prices are projected to continue rising significantly over the next five years according to surveys of economists.
2. Mortgage interest rates are expected to increase over the next year, increasing monthly housing costs.
3. Homeowners pay down both principal and interest on their mortgage while renters only pay the landlord's costs.
4. Personal reasons for wanting to buy a home, like having a place for children to grow up, should be considered rather than just financial factors which may suggest waiting.
Selling your home? Here are some vital tips about the current real estate market that may help you sell your home for the most money, and choose the right real estate agent.
This document provides information to help homeowners considering selling their house. It discusses 5 reasons to sell a house now while demand is strong. It also discusses how to get the most money from a home sale by pricing it slightly low and using a real estate agent. The document provides tips on moving up to your dream home before mortgage rates increase further. It emphasizes the importance of using a real estate agent and lists 5 demands homeowners should make of their agent. It also shares data on recent home price increases and how that impacts home appraisals. The document discusses why most homeowners are better off not selling their house as a for sale by owner (FSBO) and instead using an agent.
Keeping Current Matters is my best resource to keep Greater Lansing, Michigan Sellers and Buyers informed throughout the year on the real estate market. I hope you enjoy. For local updated market reports contact me at Coldwell Banker Hubbell BriarWood for your copy mike@mikebowler.com
This document provides an overview of key considerations for homeowners thinking about selling their home. It discusses 5 reasons to sell now, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home before prices increase further, and the importance of moving on with your life goals. Other sections discuss the value of hiring a real estate agent compared to selling For Sale by Owner, properly pricing the home upfront, demands to make of your real estate agent, reasons not to sell For Sale by Owner, and how mortgage rates and home prices are projected to change in coming years. The document aims to educate homeowners on current housing market conditions and factors to consider when preparing to sell.
This document provides information and advice for homeowners considering selling their house. It discusses reasons why homeowners may want to sell now rather than wait until later in the year or winter. Some key points covered include strong buyer demand currently, less competition from other homes on the market now, and avoiding delays that can happen around the holidays. The document also discusses the importance of using a real estate agent to sell your home and get the best price. It provides tips on what to demand from your agent, and reasons why selling for sale by owner is typically not the best option. Additional sections give predictions on future house price appreciation and rising mortgage interest rates.
People across the country are beginning to think about what their life will look like next year. It happens every fall. We ponder whether we should relocate to a different part of the country to find better year round weather or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their house now or wait. If you are one of these potential sellers, here are five important reasons to do it now versus the dead of winter.
The document provides advice for homeowners considering selling their house. It discusses:
1. Five reasons to sell a house now in the spring, including strong buyer demand, less competition from other listings, a quicker selling process, better prices for moving up to a larger home, and being able to move on with your life.
2. The importance of using a real estate agent when selling, as most buyers still use agents despite conducting internet research, and agents help negotiate the sale.
3. Five demands to make of a real estate listing agent, such as being honest about the listing price, understanding the homeowner's timeline, removing challenges from the sale, helping with relocation, and ensuring the house sells.
This document provides an overview of the home buying process when working with a Coldwell Banker sales associate. It outlines key steps including determining a budget, getting pre-approved for a mortgage, deciding on a mortgage type, making an offer, and attending the closing to finalize the purchase. The sales associate can help find properties through multiple listings, open houses, and online access to over 600,000 properties.
Things you must consider when selling your home this Fall. For more detailed information about Metro Boston and Melrose, MA real estate, contact Bill Butler at RE/MAX Leading Edge, billbutler@remax.net
This document provides an overview of factors to consider when selling a home. It discusses 5 reasons why now is a good time to sell, including strong buyer demand, less competition from other listings, a quicker home selling process, benefits of moving up to a more expensive home now before prices increase further, and being able to move on with your life goals. It emphasizes the importance of using a real estate agent when selling, as most buyers rely on an agent despite using online search tools. It also stresses the importance of properly pricing the home initially to avoid future price reductions and ensure the best possible selling terms.
This document provides an overview of factors to consider when selling a home. It discusses 5 reasons why now is a good time to sell, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home now before prices increase further, and being able to move on with your life goals. It emphasizes the importance of using a real estate agent when selling, as most buyers rely on an agent despite using the internet in their home search. It also stresses the importance of properly pricing your home initially to avoid future price reductions and get the best price.
This document provides an overview of factors for homeowners to consider when selling their house. It discusses 5 reasons to sell now, including strong buyer demand, less competition from other sellers, a quicker home selling process, benefits of moving up to a more expensive home now before prices rise further, and being able to move on with your life goals. It also emphasizes the importance of using a real estate agent when selling, as buyers rely on agents for finding homes, negotiations, and understanding the process. In addition, it outlines 5 demands homeowners should make of their real estate agent, such as getting an honest assessment of the listing price, understanding the homeowner's timeline, removing selling challenges, assisting with relocation, and ensuring the primary goal of
The document provides an overview of various factors to consider when buying a home. It discusses how home prices and mortgage interest rates are projected to rise in the coming years. This would mean higher costs for homebuyers who wait. The document emphasizes that as prices rise, it may be better to buy a home now rather than waiting. Several articles examine projections for home price growth, rising mortgage rates, and the potential financial benefits of purchasing a home.
This document provides information and advice for homeowners considering selling their home. It discusses reasons why selling now makes sense due to strong buyer demand and limited housing supply. It also outlines tips for maximizing the sale price such as pricing the home slightly below market value and using a real estate agent who can help negotiate the best deal and properly market the home. Additional articles discuss factors like rising mortgage rates, home price appreciation trends in different areas of the country, and common mistakes made by homeowners who attempt to sell their home without an agent. The overall message is that hiring a knowledgeable real estate professional can help sellers navigate today's competitive housing market and get the best terms.
The document provides information to help buyers consider factors when purchasing a home, including reasons to buy now such as projected rising interest rates and home prices, the importance of hiring a real estate professional to negotiate and guide through the process, common misconceptions about down payments and credit scores needed to qualify for a mortgage, and non-financial emotional reasons why Americans purchase homes.
This document provides an overview of things to consider when buying a home, including reasons to buy a home in the fall, the housing market outlook, tips for finding a dream home, benefits of owning versus renting, and information on mortgages, interest rates, and down payments. It emphasizes the value of working with a real estate professional to have an expert on your side during the home buying process.
Things to Consider When Selling Your House - Fall 2015Tom Blefko
This document provides an overview of key considerations for homeowners looking to sell their house in the fall of 2015. It discusses the benefits of selling in the fall including strong buyer demand, less competition from other listings, and a typically quicker home buying process. It emphasizes the importance of using a real estate agent to sell your home and properly pricing the home upfront rather than overpricing and later lowering the price. It also notes the potential challenge of appraisals coming in lower than the contract price due to rising home values.
This document discusses factors to consider when buying a home, including:
- 4 reasons to buy a home this fall: home prices will continue rising, mortgage interest rates are projected to increase, owning a home means paying your own mortgage principal rather than a landlord's, and it's time to move on with your life.
- Getting pre-approved for a mortgage before home shopping shows sellers you're serious and can help speed up the process.
- Common misconceptions around down payments and credit scores needed to qualify for a mortgage. In many areas, a 3% down payment is possible in under 2 years of saving.
- The mortgage process involves paperwork to thoroughly verify a buyer's income, assets
This document provides an overview of key considerations for buying a home, including reasons to buy a home in the fall, current trends in home prices and mortgage interest rates, the benefits of hiring a real estate professional, common real estate terminology, and the financial benefits of homeownership. The main points covered are that home prices are projected to continue rising, mortgage rates are low but expected to increase, real estate professionals can guide buyers through the complex home buying process, and owning a home provides tax advantages and equity building over renting.
This document provides advice and information for homeowners considering selling their house. It discusses the benefits of hiring a qualified real estate agent to handle the sale. The agent should understand the homeowner's timeline, remove challenges, help with relocation plans, and ensure the house is sold. It also cautions homeowners to carefully consider the responsibilities of renting their house out instead of selling, and explains the financial advantages of selling now rather than waiting until supply increases in the summer months.
This document discusses four reasons to consider buying a home now rather than waiting:
1. Home prices are projected to continue rising significantly over the next five years according to surveys of economists.
2. Mortgage interest rates are expected to increase over the next year, increasing monthly housing costs.
3. Homeowners pay down both principal and interest on their mortgage while renters only pay the landlord's costs.
4. Personal reasons for wanting to buy a home, like having a place for children to grow up, should be considered rather than just financial factors which may suggest waiting.
This document provides an overview of reasons to consider buying a home now rather than waiting. It begins by outlining projections that home prices will continue to rise 15.1-32.8% over the next 5 years and that mortgage interest rates will increase by around 1% in the next year. It then notes that whether renting or owning, households must pay housing costs, and owning allows building equity over time. Finally, it suggests considering non-financial factors like wanting the right home for one's family as reasons not to wait to buy.
Things to Consider When Buying a Home - Summer 2015Ellie George
This document provides an overview of key considerations for buying a home. It includes articles on reasons to buy now such as projected increases in home prices and mortgage interest rates. Other articles discuss the benefits of hiring a real estate professional, comparing the costs of renting vs buying, and perspectives on homeownership from renters and Harvard research. Throughout the document, it emphasizes the financial advantages of owning a home and encourages readers to meet with an agent if ready to purchase.
This document provides information on various topics related to buying a home, including:
- Reasons to buy a home now such as projected price increases and rising mortgage interest rates.
- The importance of hiring a real estate professional to guide buyers through the process and negotiate on their behalf.
- Analyses of home price trends nationally and by state over the last year, as well as projections that home prices will appreciate an average of 3.6% annually over the next 5 years.
- Explanations for the extensive paperwork required for mortgage loans today compared to the past in order to prevent foreclosures.
- Financial analyses of how even small increases in interest rates or home prices impact monthly mortgage
Debbie Railey's Home Buyers Guide 2015 Summerexcell4him
This document provides information for homeowners considering buying a home. It discusses reasons to buy a home now such as projected increases in home prices and mortgage interest rates. It also covers topics like the costs of owning versus renting, working with a real estate professional, and mortgage paperwork. Overall, the document advocates that now is a good time for interested buyers to purchase a home rather than waiting.
This document provides information on various topics related to buying a home. It includes articles on reasons to buy a home now rather than wait, the importance of hiring a professional real estate agent, projected increases in home prices and mortgage interest rates over the next few years, and the financial benefits of homeownership compared to renting. The document is aimed at educating potential homebuyers on current housing market conditions and factors to consider when purchasing a property.
This document provides information for home buyers on various topics related to buying a home. It discusses reasons to buy a home now such as projected increases in home prices and mortgage interest rates. It emphasizes the importance of hiring a real estate professional to negotiate the best deal and avoid potential pitfalls. It also examines projections that home prices will appreciate 3.6% annually over the next five years and mortgage interest rates are expected to rise slightly over the coming year. The document advises buyers to consider the long-term costs of homeownership rather than just the initial price.
Buying a Home...Top Things to Consider!Tiffany Curry
This document provides information to consider when buying a home. It includes articles on reasons to buy now such as projected price increases and rising mortgage rates. It discusses the importance of hiring a professional real estate agent to guide buyers and negotiate on their behalf. It also covers topics like projected home price increases, mortgage interest rates, costs of homeownership versus renting, and demands to place on a real estate agent. The overall message is that now is a good time for many people to consider buying a home.
Are You Thinking About Buying a Home?
The process of buying a home can be overwhelming at times, but you don't need to go through it alone.
You may be wondering if now is a good time to buy a home...or if interest rates are projected to rise or fall. This free eGuide will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home.
Things to Consider When Buying a Home - Summer 2015Tom Blefko
This document provides an overview of factors to consider when buying a home. It discusses how home prices are projected to rise significantly over the next 5 years according to surveys of economists. It also notes that mortgage interest rates are expected to increase by around 0.75% over the next year, which would increase monthly payments. The document therefore recommends buying now rather than waiting, to secure a lower price and interest rate before these anticipated changes occur.
This document provides an overview of factors to consider when buying a home. It discusses how home prices are projected to rise significantly over the next 5 years according to surveys of economists. It also notes that mortgage interest rates are expected to increase by around 0.75% over the next year, which would increase monthly payments. The document therefore recommends buying now rather than waiting, to secure a lower price and interest rate before these anticipated changes occur.
This document provides information and advice for homeowners considering selling their house. It discusses the benefits of selling now while demand is strong and competition is low. It also recommends pricing the house slightly below market value to maximize interest and using a real estate agent, as homes sold with an agent typically sell for more. Other articles discuss the importance of hiring a professional to sell the home and get the best price, and advise homeowners not to wait to move up to their dream home as mortgage rates are expected to increase.
This edition touches on construction trends, buyer trends, the importance between rate increases compared to purchase power, timing marketing your home with a time with less competition and selling during the time of the year when it may be the easiest with acquiring a mortgage.
This document provides information for homeowners considering buying a home. It discusses reasons to buy a home now such as projected price increases and rising mortgage interest rates. It emphasizes the importance of hiring a real estate professional to guide buyers and negotiate on their behalf. The document also outlines projections for home price increases nationally and by state over the next year, and expected increases in mortgage interest rates. It notes how even small rate increases can significantly affect monthly mortgage payments. Overall, the document advises that buyers consider long-term housing costs rather than just price when deciding whether to purchase now versus waiting.
This document provides information and advice for homeowners considering selling their home. It discusses 5 reasons to sell a home now, including strong buyer demand, less competition from other sellers, a quicker home selling process in the winter, benefits of moving up to a larger home before prices increase further, and the importance of moving on with one's life goals. It also provides tips on how to get the most money from a home sale, such as pricing the home slightly below market value and using a real estate professional. Additionally, it covers recent data on rising home prices nationally and by state, how appraisal challenges may increase in a hot housing market, and reasons why selling a home as a for sale by owner (FSBO) is typically not
This document provides information and advice for homeowners considering selling their home. It discusses 5 reasons to sell a home now while demand is strong. It also discusses how to get the most money from a home sale by pricing it slightly low and using a real estate professional. Additional articles discuss the importance of using an agent and outline demands to make of your real estate agent. Other sections cover home price increases over the last year and how this impacts home appraisals. The document provides an overview of current housing market trends and factors for homeowners to consider when deciding whether and how to sell their home.
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BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
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2. TABLE OF CONTENTS
4 REASONS TO BUY YOUR HOME NOW 1
YOU NEED A PROFESSIONAL WHEN
BUYING A HOME 3
4 DEMANDS TO MAKE ON YOUR REAL
ESTATE AGENT 4
FUTURE HOME PRICES:
A LOOK INTO THE CRYSTAL BALL 6
WHERE ARE MORTGAGE INTEREST
RATES HEADED? 7
GETTING A MORTGAGE:
WHY SO MUCH PAPERWORK? 8
HARVARD: 5 FINANCIAL REASON TO
BUY A HOME 9
HOMEOWNERSHIP’S IMPACT ON
NET WORTH 11
3. 4 REASONS TO BUY YOUR HOME NOW!
Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
The Home Price Expectation Survey polls a distinguished panel of over 100 economists,
investment strategists, and housing market analysts. Their most recent report released recently
projects appreciation in home values over the next five years to be between 11.2% (most
pessimistic) and 27.8% (most optimistic).
The bottom in home prices has come and gone. Home values will continue to appreciate for
years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase
Although Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year
mortgage have softened recently, most experts predict that they will begin to rise later this year.
The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of
Realtors are in unison projecting that rates will be up almost a full percentage point by the end of
next year.
An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be
more a year from now if a mortgage is necessary to purchase your next home.
KEEPINGCURRENTMATTERS.COM 1
4. 3. Either Way You are Paying a Mortgage
As a recent paper from the Joint Center for Housing Studies at Harvard University explains:
“Households must consume housing whether they own or rent. Not even accounting for more
favorable tax treatment of owning, homeowners pay debt service to pay down their own
principal while households that rent pay down the principal of a landlord plus a rate of
return. That’s yet another reason owning often does—as Americans intuit—end up making
more financial sense than renting.”
4. It’s Time to Move On with Your Life
The ‘cost’ of a home is determined by two major components: the price of the home and the
current mortgage rate. It appears that both are on the rise.
But, what if they weren’t? Would you wait?
Look at the actual reason you are buying and decide whether it is worth waiting. Whether you
want to have a great place for your children to grow up, you want your family to be safer or
you just want to have control over renovations, maybe it is time to buy.
If the right thing for you and your family is to purchase a home this year, buying sooner rather
than later could lead to substantial savings.
KEEPINGCURRENTMATTERS.COM 2
5. YOU NEED A PROFESSIONAL
WHEN BUYING A HOME
Many people wonder whether they should
hire a real estate professional to assist
them in buying their dream home or if they
should first try to go it on their own. In
today’s market: you need an experienced
professional!
You Need an Expert Guide if you are
Traveling a Dangerous Path
The field of real estate is loaded with land
mines. You need a true expert to guide you
through the dangerous pitfalls that
currently exist. Finding a home that is
priced appropriately and ready for you to
move in to can be tricky. An agent listens to
your wants and needs, and can sift out the
homes that do not fit within the
parameters of your “dream home”.
You Need a Skilled Negotiator
In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of
thousands of dollars. Each step of the way – from the original offer, to the possible
renegotiation of that offer after a home inspection, to the possible cancellation of the deal
based on a troubled appraisal – you need someone who can keep the deal together until
it closes.
Realize that when an agent is negotiating their commission with you, they are negotiating
their own salary; the salary that keeps a roof over their family’s head; the salary that puts
food on their family’s table. If they are quick to take less when negotiating for themselves and
their families, what makes you think they will not act the same way when negotiating for you
and your family? If they were Clark Kent when negotiating with you, they will not turn into
Superman when negotiating with the buyer or seller in your deal.
Bottom Line
Famous sayings become famous because they are true. You get what you pay for. Just like a
good accountant or a good attorney, a good agent will save you money…not cost
you money.
KEEPINGCURRENTMATTERS.COM 3
6. 4 DEMANDS TO MAKE ON YOUR
REAL ESTATE AGENT
Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses?
Are you concerned about getting the paperwork correct? Hiring a professional real estate agent
can take away most of the challenges of buying. A great agent is always worth more than the
commission they charge just like a great doctor or great accountant.
You want to deal with one of the best agents in your marketplace. To do this, you must be able
to distinguish the average agent from the great one.
Here are the top 4 demands to make of your Real Estate Agent when buying a home:
1. Tell the Truth About the Price
Too many agents just take your offer at any price and then try to ‘work’ both the seller and
you while negotiating later. Demand that the agent prove to you that they have a belief in the
price you are offering. Make them show you their plan to get both the seller - and the bank - to
accept that price. Every house in today’s market must be sold two times – first to you and then
to your bank.
The second sale may be more difficult than the first. The residential appraisal process has
gotten tougher. A recent survey showed that there was a challenge with the appraisal on 24% of
all residential real estate transactions. It has become more difficult to get the banks to agree
on the contract price. A red flag should be raised if your agent is not discussing this with you at
the time of the original offer.
KEEPINGCURRENTMATTERS.COM 4
7. 2. Understand the Timetable with which Your Family is Dealing
You will be moving your family into a new home. Whether the move revolves around the start
of a new school year or a new job, you will be trying to put the move to a plan.
This can be very emotionally draining. Demand from your agent an appreciation for the
timetables you are setting. You agent cannot pick the exact date of your move, but they
should exert any influence they can, to make it work.
3. Remove as Many of the Challenges as Possible
It is imperative that your agent knows how to handle the challenges that will arise. An
agent’s ability to negotiate is critical in this market.
Remember: If you have an agent who was weak negotiating with you on parts of the purchase
offer, don’t expect them to turn into a super hero when they are negotiating with the seller
for you and your family.
4. Find the Right HOUSE!
There is a reason you are putting yourself and your family through the process of moving.
You are moving on with your life in some way. The reason is important or you wouldn’t be
dealing with the headaches and challenges that come along with purchasing. Do not allow
your agent to forget these motivations. Constantly remind them that finding the right house
is why you hired them. Make sure that they don’t worry about your feelings more than they
worry about your family. If they discover something needs to be done to attain your goal (i.e.
rethinking price), insist they have the courage to inform you.
Good agents know how to deliver good news. Great agents know how to deliver tough
news. In today’s market, YOU NEED A GREAT AGENT!
KEEPINGCURRENTMATTERS.COM 5
8. FUTURE HOUSE PRICES:
A LOOK INTO THE CRYSTAL BALL
Today, many real estate conversations center on
housing prices and where they may be headed.
That is why there is tremendous value in the
Home Price Expectation Survey. Every quarter,
Pulsenomics surveys a nationwide panel of over
one hundred economists, real estate experts
and investment & market strategists about
where prices are headed over the next five
years. They then average the projections of all
100+ experts into a single number.
The results of their latest survey:
• Values will appreciate by 4.6% in 2014
• Cumulative appreciation will be 19.5% by 2018
• That means the average annual appreciation will
be 3.6% over the next 5 years.
• Even the experts making up the most bearish
quartile of the survey still are projecting a
cumulative appreciation of almost 11.2% by 2018
Individual opinions make headlines. This survey
is a fair depiction of future values.
KEEPINGCURRENTMATTERS.COM 6
9. WHERE ARE MORTGAGE INTEREST
RATES HEADED?
“One thing seems certain: we aren’t likely to see average 30-year fixed mortgage rates
return to the historic lows experienced in 2012.” - Freddie Mac, March 24, 2014
There are those that hope that 30-year
mortgage interest rates will head back under
4%. Obviously, for any prospective home
purchaser that would be great news.
However, there is probably a greater chance
that interest rates will return to the greater
than 6% rate of the last decade before they
would return to the less than 3.5% rate of
2012.
Freddie Mac, on their blog, explained that
current rates are still extremely low
compared to historic averages.
“The all-time record low – since Freddie Mac began tracking mortgage rates in 1971 – was
3.31% in November 2012. Conversely, the all-time record high occurred in October of 1981,
hitting 18.63%. That’s more than four times higher than today’s average 30-year fixed rate of
4.32% as of March 20... rates hovering around 4.5% may be high relative to last year, but
something to celebrate compared to almost any year since 1971.”
And Freddie Mac projects mortgage rates will increase going forward.
If you are thinking of purchasing a home, waiting for a dramatic decrease in mortgage rates
might not make sense.
KEEPINGCURRENTMATTERS.COM 7
10. GETTING A MORTGAGE: WHY SO MUCH PAPERWORK?
Why is there so much paperwork mandated by the bank for a mortgage loan application when buying a
home today? It seems that the bank needs to know everything about us and requires three separate
sources to validate each and every entry on the application form. Many buyers are being told by
friends and family that the process was a hundred times easier when they bought their home ten to
twenty years ago.
There are two very good reasons that the loan process is much more onerous on today’s buyer than
perhaps any time in history.
1. The government has set new guidelines that now demand that the bank prove beyond any
doubt that you are indeed capable of paying the mortgage.
During the run-up in the housing market, many people ‘qualified’ for mortgages that they could never
pay back. This led to millions of families losing their home. The government wants to make sure this
can’t happen again.
2. The banks don’t want to be in the real estate business.
Over the last seven years, banks were forced to take on the responsibility of liquidating millions of
foreclosures and also negotiating another million+ short sales. Just like the government, they don’t
want more foreclosures. For that reason, they need to double (maybe even triple) check everything on
the application.
However, there is some good news in the situation.
The housing crash that mandated that banks be extremely strict on paperwork requirements also
allowed you to get a mortgage interest rate probably below 5%.
The friends and family who bought homes ten or twenty ago experienced a simpler mortgage
application process but also paid a higher interest rate (the average 30 year fixed rate mortgage was
8.12% in the 1990’s and 6.29% in the 2000’s).
If you went to the bank and offered to pay 7% instead of <5%, they would probably bend over
backwards to make the process much easier.
Bottom Line
Instead of concentrating on the additional paperwork required, let’s be thankful that we are able to
buy a home at historically low rates.
KEEPINGCURRENTMATTERS.COM 8
11. HARVARD: 5 FINANCIAL REASONS TO BUY A HOME
Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He
authored a new paper on homeownership - The Dream Lives On: the Future of Homeownership in
America. In his paper, Belsky reveals five financial reasons people should consider buying a home.
Here are the five reasons, each followed by an excerpt from the study:
1.) Housing is typically the one leveraged investment available.
“Few households are interested in borrowing money to buy stocks and bonds and few lenders are
willing to lend them the money. As a result, homeownership allows households to amplify any
appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down
payment results in a leverage factor of five so that every percentage point rise in the value of
the home is a 5 percent return on their equity. With many buyers putting 10 percent or less
down, their leverage factor is 10 or more.”
2.) You’re paying for housing whether you own or rent.
“Homeowners pay debt service to pay down their own principal while households that rent pay
down the principal of a landlord.”
KEEPINGCURRENTMATTERS.COM 9
12. 3.) Owning is usually a form of “forced savings”.
“Since many people have trouble saving and have to make a housing payment one way or the
other, owning a home can overcome people’s tendency to defer savings to another day.”
4. There are substantial tax benefits to owning.
“Homeowners are able to deduct mortgage interest and property taxes from income...On top
of all this, capital gains up to $250,000 are excluded from income for single filers and up to
$500,000 for married couples if they sell their homes for a gain.”
5.) Owning is a hedge against inflation.
“Housing costs and rents have tended over most time periods to go up at or higher than the
rate of inflation, making owning an attractive proposition.”
Bottom Line
We realize that homeownership makes sense for many Americans for many social and family
reasons. It also makes sense financially.
KEEPINGCURRENTMATTERS.COM 10
13. HOMEOWNERSHIP’S IMPACT ON NET WORTH
Over the last six years, homeownership has
lost some of its allure as a financial
investment. As homeowners suffered
through the housing bust, more and more
began to question whether owning a home
was truly a good way to build wealth. A
study by the Federal Reserve formally
answered this question.
Two of the findings revealed in their report:
•A homeowner’s net worth is over thirty-six
times greater than that of a renter.
•The average homeowner has a net worth of
$195,400 while the average net worth of a
renter is $5,400.
Bottom Line
The Fed study found that homeownership is
still a great way for a family to build wealth
in America.
KEEPINGCURRENTMATTERS.COM 11
14. CONTACT ME TO TALK MORE
I’m sure you have questions and concerns…
I would love to talk with you more about what you read here, and help you on the path to
selling your house. My contact information is below. I look forward to hearing from you…
Rebecca Caiani
Denver Real Estate Firm
Keller Williams DTC
denverrefirm@gmail.com
www.thedenverrealestatefirm.com
(720) 372-3589
facebook.com/thedenverrealestatefirm