Friends and Clients -- I want to tell you about a quick and easy way to save hundreds of dollars when you're refinancing or taking out a mortgage. I'm talking about a little-known option called an appraisal waiver. In a nutshell, when a lender decides to give you a loan, they want to have a good idea of what your property is worth. The typical way they do this is by sending out an expert to examine the property. This appraisal typically costs between $270 and $750. As you can probably guess, it's you, the borrower, who is on the hook for … (16 comments)
Friends and Clients -- The coronavirus pandemic is sure to have long-reaching consequences—some of which might surprise you. For example, the pandemic might completely overturn recent trends of where people choose to live. For the past three decades, people have increasingly preferred cities to suburbs. In fact, according to a recent study, each new generation of young people has been more and more likely to move to cities. Many stayed on in cities, even after getting married and having a family. Post coronavirus, that may well change. One obvious reason is health. Urban areas are more crowded with more inevitable interaction and possible exposure to viruses. Another … (1 comments)
Friends and Clients -- A pandemic is not a great time to move, but some people simply don't have a choice. If you are facing a move in the coming days or weeks, here are three tips to keep you safe and to help make your move as easy as possible: 1. It's worth spending a bit of extra money right now The American Moving and Storage Association recommends passing on free, recycled boxes from supermarkets and liquor stores. Instead, get new moving boxes and packing tape. The reason is simple: Less chance of exposure to the virus. Stock up on adequate disinfectants and … (2 comments)
Friends and Clients -- I hope you and your loved ones are staying safe and healthy. COVID-19 continues to dominate every aspect of our lives, both here in the U.S. and across the globe, and even though it can be difficult to stay up to date with the latest changes, it is my goal to keep you informed. Here are a few updates about how the coronavirus continues to impact the economy and the housing market: More companies are adapting to the pandemic economy in creative and unorthodox ways. This article from the World Economic Forum lays out why and how some companies … (1 comments)
Friends and Clients -- I hope you and your loved ones continue to stay safe and healthy. The coronavirus continues to dominate every aspect of our lives, both here in the United States and across the globe, and even though it can be hard to stay up to date with the latest changes, it is my goal to keep you informed. Here are a few updates about how COVID-19 continues to impact the economy and the housing market: According to MarketWatch, requests for mortgage forbearance increased 1,896% nationwide from March 16 to March 30. The CARES Act requires servicers to provide forbearance to … (1 comments)
The Coronavirus & Our Market With the coronavirus pandemic dominating the global newsfeed, there’s a lot going on in our real estate market. Today I’ll provide insider information about our Austin market from those who have their boots on the ground. I’ll also update you on how we’ve adjusted to help buyers who still need to buy and sellers who still need to sell under these circumstances. To find out more, watch my latest video.
Friends and Clients -- As the world nervously watches the spread of COVID-19 (Coronavirus), the pandemic has begun prompting responses from every industry, and nearly every level of organization in the country. Perhaps a much anticipated social gathering or recreational league you or a family member enjoy has just been canceled or postponed indefinitely. Professional sporting events, concerts, and even political campaigning have been impacted. How then, has COVID-19 affected the real estate market, especially as we enter what was primed to be an especially hot spring? Lawrence Yu, chief economist for the National Association of Realtors, had anticipated about 5.5 million sales … (1 comments)
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