Treu Group Real Estate Blog | Page #31

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Treu Group Real Estate Blog

You've decided to take the step to buying a home.  It is one of the most exciting times and it can also be stressful.  It is actually the 3rd biggest stress in life.  So we want to help you by sharing a few tips on getting your offer accepted when you find your new home.

Step #1 - Make sure you have saved enough money to put a large amount of money in escrow.  When there are multiple offers, this will help you be able to have a greater chance of getting your offer accepted.

Step #2 - Also be ready to smile if the seller is home.  We have had sellers sign our offer based upon liking the buyer.

Step#3 - Be flexible with the closing date, ask the seller when they would prefer to move.

Step #4 - The lender you hire is critical.  Having a

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If you are thinking of buying a home, you are most likely watching the interest rates.  What is the impact of a 1% interest rate increase?  Erick Cantele with Academy shares the financing information that you need.  As a mortgage lender Erick noticed that the typical home buyer often experiences paralysis by an over analysis of the real estate market.

What is the Impact of interest rates going up by 1% when financing $200,000?

Please see examples below:

$200k loan amount, 4.5% Interest rate, $1013 P&I

$200k loan amount, 5.5% Interest rate, $1135 P&I

With a 1% increase in rates the change is $122/month ($1464/year) increase in the P&I payment.  For many American’s this increase can take them right out of the home buying process due to

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If you are feeling a bit nervous about real estate and what is going on with the economy and the government, this is completely normal.  So what do you need to know so you can deal with what is going on all around us? We can't control what goes on however we can decide how we deal with the changes around us.  The worst thing that we can do is to be frozen with fear.  It is good to slow down, evaluate and get quality information and then make decisions.  If you don't make decisions, they will be made for you.

If you are a seller and are considering selling, it is important to decided the timing of your sale.  We are currently in a seller's market and Days on the Market are down.  Buyers are urgent about buying a home so if are considering selling, let's

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In a seller's market, the obvious question is should  I sell my home myself?  Some real estate agent get upset when this topic comes up.  That is an interesting reaction.  Our response is that we know that we can put more money in our client's pocket so that is why we think it doesn't make sense.  It is not about us, it is about you...always.

The topic of selling your home was one our recent topics on The Treu Real Estate 911 on WJNO.  We explored the detailed information you want when considering how to sell your home, either with on your own or with a proven real estate team.  Feel free to check out the show on selling your home for the most money.

There is a proven approach that has allowed our sellers to get the most money possible.  We'd

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