Thursday, September 1, 2022 / by Diane Whitcomb
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1
This climate has been unsettling for some homebuyers and sellers. However, with proper planning, you can work toward qualifying for the best mortgage rates available today – and open up the possibility of refinancing at a lower rate in the future.
How does a lower mortgage rate save you money? According to Trading Economics, the average new mortgage size in the United States is currently around $410,000.2 Let’s compare a 5.0% versus a 6.0% fixed-interest rate on that amount over a 30-year term.
Monthly Payment on $410,000 Loan
(excludes taxes, insurance, etc.)
Difference in Monthly Payment
Total Interest Over 30 Years
Difference in Interest
Wednesday, August 3, 2022 / by Diane Whitcomb
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place.
Fortunately, you don’t have to do everything in a day. You don’t have to do it all alone, either. When you work with us to sell or purchase a home, you’ll have an ally by your side long after your transaction has closed. We’ll continue to be a resource, offering advice and referrals whenever you need them on packing, hiring movers and contractors, and acclimating to your new home and neighborhood.
When it comes to a life event as stressful as moving, it pays to have a professional by your side. Here are some of our favorite pro tips to share with clients as they prepare for an upcoming move.
1. Watch out for moving scams.
Maybe you receive a flyer for a moving company int ...
Tuesday, July 5, 2022 / by Diane Whitcomb
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all sellers want to make the most money possible.
Whatever your circumstances, the road to the closing table can be riddled with obstacles — from issues with showings and negotiations to inspection surprises. But many of these complications are avoidable when you have a skilled and knowledgeable real estate agent by your side.
For example, here are seven common mistakes that many home sellers make. These can cause anxiety, cost you time, and shrink your financial proceeds. Fortunately, we can help you avert these missteps and set you up for a successful and low-stress selling experience.
MISTAKE #1: Setting an Unrealistic Price
Many sellers believe that pricing their homes high and waiting for; ...
Thursday, June 16, 2022 / by Diane Whitcomb
Leaving a home you love is never easy. But you can improve the process with these 3 simple tips:
Figure out what stays and what goes. If there’s anything that’s bolted down, mounted, or planted that you want to take with you, be sure to let your agent know–before your home hits the market.
Clean up and clear out. Don’t risk delaying a sale at the last minute by neglecting to clean up your property before you move out. If there are items you don’t want to take with you, ask the new owners ahead of time what they want–and get rid of the rest.
Prepare to pass the baton. Gather up keys, garage door remotes, appliance manuals, warranties, and any other useful information that’s worth passing along to your buyers.
A smooth transition makes everyone’s life easier–and it only takes a little extra effort to make it happen.
Do you have quest ...
Wednesday, June 15, 2022 / by Diane Whitcomb
While a homeowner’s to-do list is never done, there are a few tasks you may want to check off before moving in.
If your budget allows, these five home improvement projects are much easier to complete before you move in your belongings, furniture, and family. So, get these done first–and you’ll thank yourself later!
Just starting to think about moving? Call us—it’s never too early to contact your real estate agent and start preparing!