If you sleep on it, it may be gone when you wake
July 14, 2020
The house you looked at today and wanted to think about until tomorrow may be the same house someone looked at yesterday and will buy today...
Coronavirus has upended the housing market. Is now the time to buy or sell a home?
July 14, 2020
The real estate market in Myrtle Beach, South Carolina, has flourished while home sales in Charlotte, North Carolina, dropped off dramatically in the midst of a global pandemic.What does that say about COVID-19’s impact on the industry — and is it still safe to list or buy?Listing numbers and overall interest during the first few ...
Documents Needed for a Mortgage Preapproval Letter: A Checklist
July 14, 2020
Getting preapproved for a mortgage before you go home shopping isn’t required, but it is a good idea, especially in a seller’s market, where competition among buyers is intense. Unlike a pre-qualification, a preapproval letter lends weight to your bid on a home, proving to sellers that you have the financial clout to stand behind your offer....
House Hunting? 10 Potential Red Flags to Be Aware of
July 14, 2020
July 8, 2020 by Mekaila OaksTouring and looking at homes can be one of the most exciting steps in the homebuying process. However, it can be easy to get carried away in the excitement and easily overlook details that could become an issue down the road. Whether it’s the location, a too good to be true listing price, ...
COVID-19 CREATING CHANGE IN THE WAY REALTORS DO BUSINESS IN 2020 AND BEYOND
July 14, 2020
As a result of the 2020 pandemic, real estate activities have changed dramatically. Normal is still a long way off and may never actually be the same again. As real estate professionals grapple with shelter-in-place orders, partial activities, essential services, phased re-openings, social distancing, and elevated health and travel concerns, they also signal a constantly changing challenge. Real estate ...
10 Garage Sale Truths That’ll Make You Question Ever Having One
July 14, 2020
Garage sales seem like a great way to declutter your home, and pocket a little cash at the same time. But if you haven’t hosted one before, it can be an eye-opening experience.Before you begin lugging everything from your antique china to your Blac Chyna-inspired sunglasses outdoors and setting up shop, you should accept these universal ...
Attract Solitary Mason Bees to Your Yard With a DIY Bee House
July 13, 2020
Image Credit: Caroline Burke for HunkerMaking a modern bee house is a sweet summer project and a great way to encourage more bees to pollinate your garden. This cute wooden house is designed to attract solitary mason bees who love to nest in pre-existing holes rather than hives. They're not an aggressive species as they're not guarding ...
Lending in today’s atmosphere
July 13, 2020
A year ago, if you had told me what is going on now, I would never have believed you. Since we are actually experiencing the daily disruptions and economic hurricane that has come with this pandemic, it may be time to try to figure out where this is going to end up financially. Recently in several publications, ...
July 13, 2020
February 13, 2020 Being a Real Estate Professional, Social Media, Effective Online Marketing By: Lauren TusseyIt's hard to recall a time before memes existed on the internet. Highly relatable and 100% enjoyable, memes have rapidly taken over our digital landscape. And it's fair to say they've infiltrated the real estate industry, too.Eric Simon, a Los Angeles–based sales agent ...
Buying Down your Rate
July 13, 2020
Buying down a mortgage involves someone paying the lender an amount of money in exchange for a reduced interest rate during the first years of a mortgage, often anadjustable-rate mortgage (ARM). Buydowns can occur in other types of mortgages as well, however. They're not limited to ARMs.1 Mortgage buydowns always include principal and interest in the consumers' ...
COVID Market
July 12, 2020
COVID MarketDoing this market time we have to take precautions. Wearing mask and gloves -leaving lights on when sellers ask. Buyers not opening anything. Our numbers are high inMobile. Lots of virtual tours. Making sure people are approved before showing . Having extra mask for buyers. We are still showing and selling -our market is awesome . ...
How to Improve Your Credit Score Before Applying for Home Loan
July 11, 2020
Post by: Nancy Braun, Showcase Realty Buying a house in Charlotte NC can be a lot of work. You need time to save, documents to prepare, mortgage brokers to talk to, and application forms to fill out. One aspect that affects the home buying process is applying for a mortgage, which in turn is significantly influenced by the ...
Buying in a Seller’s Market: 9 Ways to Win
July 10, 2020
Lexi Klinkenberg What is a Seller’s Market?A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. Also, home sellers will have the upper hand when it comes ...
Keeping Clean during COVID
July 10, 2020
Easy cleaning routines for the whole family:-Clean doorknobs regularly with disinfectant spray-Replace your air filters regularly, or even more frequently than you normally do, especially since members of the family may be home more-Wipe down bathroom and kitchen counters with a disinfectant spray-Reduce counter clutter and assign cubbies for each member of the house where they can drop their ...
Underwriting in a COVID Market
July 09, 2020
Richard SwanMortgage Investors Group(865) 742-3384NMLS#180260/TN#108459Meeting underwriting conditions during the COVID-19 pandemic could be challengingfor some borrowers. Here’s what you should expect and how to know if now is the timeto buy.Lenders are faced with uncertainty about actual year to date income for individuals andborrowers in this world of shutdowns and reduced capacity guidelines that may affectmany businesses. ...
HUDHomeStore Acronyms - what do they mean?
July 09, 2020
When searching on HUDHomeStore.com you encounter some confusing acronyms. So what do they mean?Let's go over some of them together today. IN, IE, UIThese three are found under the Listing Information section of a Property Details page for FHA Financing references. An IN reference means HUD believes the property to be ready, as-is, for ...
Consumers are feeling better about buying a home
July 09, 2020
After plunging to nearly the lowest level in its history in April, an index measuring consumer sentiment in the housing market bounced back significantly in June. Renters were especially optimistic about homebuying.The share of consumers who think it’s a good time to buy a home increased from 52% to 61% month to month, according to the Fannie ...
Pinching Pennies
July 09, 2020
Now more than ever people are pinching their pennies in almost ever aspect of life. Property values have continued to increase but interest rates have remained low. This is both good and bad for the consumer. It means homes will cost you more than they did last year and the year before as far as sales price goes but ...
IS YOUR 'HONEY DO' LIST BLANK?
July 08, 2020
Wow - it has been a different existence for me, the last 4 months - both personally and professionally. I would say it has been much the same for you. Our County was hit hard by a tornado in March - destruction and deaths. Then before the cleanup was completed - we were shut down ...
Cleaning Routines to Keep Your Home Virus-Free
July 08, 2020
Cleaning Routines to Keep Your Home Virus-FreeFollow this CDC advice to make sure your kitchen, bathroom and other high-traffic areas are clean and disinfectedBy: Laura Gaskill March 21, 2020Houzz Contributor. https://www.lauragaskill.com/course We want home to be a haven (especially during stressful times), and part of that, at a fundamental level, means living in a space ...
6 Reasons to Own a Home (Spanish Version)
July 08, 2020
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Homeownership Is A Bright Spark
July 08, 2020
Taking Advantage of Homebuying Affordability in Today’s Market Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of ...
Best Time to Sell? When Competition Is at an All-Time Low
July 08, 2020
In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home purchasers ...
How Often Should You Clean Your Kitchen Appliances?
July 08, 2020
www.ScottRealtyProfessionals.comToll-Free: 1-844-204-2373 ...
How to Move Safely During the Pandemic
July 08, 2020
How to Move Safely During the PandemicWith travel restrictions and social distancing in place, many people are postponing their moving plans. Governments are assisting by suspending foreclosures and eviction processes during this time.Consider these questions before planning your move:Is COVID-19 spreading in the area where you’re going?Will you or your travel companion(s) be in close contact ...
