Thinking of Selling?
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Thinking of Selling? Hire a Realtor!
So we do a handful of loans every year that are FSBO (for sale by owner). I always help the buyers and sellers out with the paperwork & thru the whole process. I always shake my head and wonder why don’t these people just hire a Realtor. They think they are saving a buck or two in commission that’s why. The agents out there will tell you and I’ve heard it for the last 14 years I’ve been in business, statistically you sell your house for more if you hire a Real Estate Agent.
Case & Point: On a recent transaction I was involved with the house appraised 45k higher. If that seller would have used a agent to help price, market, & sell the home they would have sold it for a whole lot more. Now granted they save them selves from paying a commission, but at what price?
Looking for a good agent? Give me a call or drop me an email I’ll hook you up with a great one!
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HOW TO PROTECT YOUR MORTGAGE RATE WHEN CLOSING GETS DELAYED
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Are you under contract on a home with an expiring rate lock? Need a rate lock extension?
Yesterday, a buyer called me in a total panic. They locked in their mortgage interest rate 30 days ago while shopping for a home near the Westwood neighborhood. Everything moved along fine until the seller asked to push closing back by ten days to finish clearing out their garage.
The buyer asked me, “Jeremy, if our rate lock expires before we close, will our interest rate jump up? Will our monthly payment go through the roof?”
I told them straight up: “Take a deep breath! An expiring rate lock will not ruin your deal, and you will not lose your low rate!”