home equity: "You're the Experts.." Said the young First time Seller
- 02/25/10 12:39 PM
We were recently referred to a young couple. Both had good jobs....and had just started a family and wanted to move to a larger home and continue growing their family. We went through each room of the home discussing staging, removing furniture, reducing clutter. Yes, they knew the housing market wasn't what it was and this was the perfect time to move a little further west and replace their cute first time home with a little room to roam and some of the ammenities they wanted...a fireplace, larger garage, more storage space. They bought the house at the height of … (5 comments)
home equity: Short Sale Tales Part 25 - Lower Interest Rates Might Not Help....
- 12/13/08 12:38 AM
Oh Hurray....we get calls, e-mails....lenders everywhere are screaming the interest rates are 5ish percent....Yahoo,.....a stimulating factor to the housing market...call your buyers...tell your folks to re-finance....save money....! Now...we get calls from the folks who THOUGHT they could take advantage of this new low rate....and did not realize that the housing market slide in values means that the equity they thought they had....because they.....had a down payment, made improvements....the house down the block (never as nice as theirs) sold for $X two years ago...is gone...the house would not appraise today for a price that would give them at least 5% to be … (7 comments)
We were recently referred to a young couple. Both had good jobs....and had just started a family and wanted to move to a larger home and continue growing their family. We went through each room of the home discussing staging, removing furniture, reducing clutter. Yes, they knew the housing market wasn't what it was and this was the perfect time to move a little further west and replace their cute first time home with a little room to roam and some of the ammenities they wanted...a fireplace, larger garage, more storage space. They bought the house at the height of … (5 comments)
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