Friday, February 26, 2016

4 things every seller should do before putting their house on the market

You only get one chance to make a good first impression in real estate. Once your home’s listing goes live, the days on market start ticking.
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Would you love to have this elegant bar in your new home?


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Grand Central Park - Montgomery County

Check out one of the newest communities in Conroe. Let's look at it together. http://ift.tt/1LJI2HR
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Thursday, February 25, 2016

The 5 Real Estate Trends That Will Shape 2016

It’s almost the new year. Get ready to break out the Cristal: We had a great 2015—the best year for housing since 2007. And our forecast here at realtor.com® projects an even better year in 2016.
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Take the GUESS MY HOME VALUE Challenge and Win Big!

Take the GUESS MY HOME VALUE Challenge and Win Big!
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Tuesday, February 23, 2016

Housing Starts in U.S. Drop to Lowest Level in Three Months

Housing starts dropped 3.8 percent to a 1.1 million annualized rate, the weakest in three months, from a 1.14 million pace the prior month, a Commerce Department report showed Wednesday in Washington. The median forecast of 76 economists surveyed by Bloomberg was 1.17 million. Permits, a proxy for future construction, were little changed.
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Sunday, February 21, 2016

Refinancing: The Right Move?


The federal reserve recently raised interest rates, and if you have an Adjustable Rate Mortgage (ARM), it may be a good time to consider refinancing your home. There’s no one-size-fits-all answer to whether your should refinance, so here are a few of the main considerations.

How long does your introductory rate last? Most ARMs have a fixed rate for the beginning of the mortgage. This is an introductory period (usually 3-10 years) when your rate will remain constant before it can be adjusted. If you have several years left in your introductory period, you can monitor interest rates for a while before making a decision. But if the intro rate is ending soon, it’s a great time to explore refinancing at a fixed rate.

How long are you staying? If you plan to sell your home soon—especially if you’re still on a fixed introductory rate—there’s not much motivation to refinance. But if you’ll be at your home indefinitely, you should consider your refinancing options. You could eliminate the stress of not knowing what your future mortgage rate and payments will be.

What’s your loan balance? The change in your mortgage payment will of course be determined in part by your remaining balance. If you owe $100,000-$200,000, a new interest rate may not greatly affect your monthly payment. On the other hand, if you owe $500,000, a change in interest rate could lead to a much higher payment.

Other factors The previous items are just a few of the factors that should go into a decision about refinancing. Changes in income and your current credit score should also be considered, so be sure to weigh your options and make an educated decision.


Deborah Bevers, Realtor, ASP
Walzel Properties, LLC
9595 Six Pines #8210
The Woodlands, TX 77380

DeborahMBevers@gmail.com
Serving Montgomery County and North Harris County, TX

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