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Mortgage Rate Update --- Preparing Your House for the Market

By Ramsey Yount

Mortgage and Lending with Signature Lending Group, Inc

June 04, 2007 07:47 AM

Preparing Your House for the Market

If you're selling your home, make sure your home has "curb appeal." Remember, you can't change a first impression. If your home looks like a diamond in the rough, think about putting a small investment into cleaning up the outward appearance.

Imagine that you are seeing the property as a potential buyer. You'll want to do a little yard work - clear away dead shrubbery, and trim your trees and lawn. Weed the flower beds or plant some flowers that will bloom in season. Make sure the driveway is not stained, and if you can't afford to paint the home entirely, at least make sure the front door and immediate entryway is immaculate.

Fresh and clean are still the keywords to making a good first impression once the potential buyer walks through the door. Unless a particular window is facing an eyesore or a neighboring building, open the drapes and let the sun shine in! Put your dog in the back yard or garage so he's not jumping on the new people who just walked in.... they might have allergies! There is much you can do to improve the look of your home, without investing a great deal of money.

Call me to get a copy of my pamphlet, "33 Ways to Sell Your Home Fast." I'd be happy to share more tips with you and assist you in obtaining financing for your next home as well.

Mortgage Interest Rates*

Rates as of 06/04/2007:

	Conforming	APR	Payment per $1,000	Jumbo	APR	Payment per $1,000
30 Year Fixed	6.25%	6.346%	$6.16	6.5%	6.602%	$6.32
15 Year Fixed	6.125%	6.208%	$6.08	6.25%	6.313%	$6.16
5 Year ARM	6.25%	6.359%	$6.16	6.25%	6.301%	$6.16
5 Year Interest Only ARM	6.25%	6.359%	$6.16	6.25%	6.301%	$6.16
30 Year Interest Only	6.5%	6.541%	$6.32	6.5%	6.616%	$6.32

*Rates are subject to change due to market fluctuations and borrower's eligibility.

Georgia Residential Mortgage Licensee #21471

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Donna Yates

BHGRE - Metro Brokers - Blue Ridge, GA

Blue Ridge Mountains

Ramsey: You bet first impressions matter. I have written about this too. As a Realtor who comes in contact with the public virtually every day, almost 24/7,I know firsthand how impressions matter. What's happening in the mortgage market now? I keep watching for a new blog from you.

Sep 26, 2007 12:34 AM

Atlanta's Home Inspector, David Lelak IHI Home Inspections

IHI Home Inspections 404-788-2581 - Canton, GA

Experience the IHI Difference

Ramsey,

Thanks for the great information. I had thought about several of the things you mentioned, but I had not thought about putting up my dog. And she would definately be all over them because she loves people.

Bonnie Lelak

TheHomeInspectorsWife

Feb 05, 2008 12:52 AM

Mortgage Rate Update --- Preparing Your House for the Market

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Ramsey Yount

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