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Sonya McVeay | EXIT REALTY ELITE Blog

Thursday, January 14, 2016   /   by Sonya McVeay

Getting Your House Ready to Sell

Make sure your house is move-in ready.
The last thing a buyer wants to do when they move into their new home is start fixing things.
If the house needs work, do it before you put it on the market.
If a buyer sees too many things that need to be changed or replaced, they will quickly lose interest.
 So get out the paintbrushes and lawn equipment to get your home in tip top shape to sell quickly.

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Wednesday, October 7, 2015   /   by Sonya McVeay

The Cost of Waiting

WHAT IT COST YOU TO WAIT TO BUY A HOUSE
As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home.
Let us explain.
There are many factors that influence the ‘cost’ of a home. Two of the major ones are the home’s appreciation over time, and the interest rate at which a buyer can borrow the funds necessary to purchase their home. The rate at which these two factors can change is often referred to as “The Cost of Waiting”.
What will happen over the next 12 months?
According to CoreLogic’s latest Home Price Index, prices are expected to rise by 4.7% by this time next year.
Additionally, Freddie Mac’s most recent Economic Commentary & Projections Tablepredicts that the 30-year fixed m ...

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