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January 2015

Found 4 blog entries for January 2015.

In our ongoing series, Exposing the Games Agents Play, today we're going to talk about how to deal with agents who are willing to give you everything except the truth.

There are many companies and real estate agents who run ad campaigns just to get the interview and then will take the listing at any price. The game is, they then try to the ‘work the seller’ for a price correction later. The problem with this is that while they're waiting for you to drop you price you're missing out on buyers who ignore your home because you've priced it out of the market.

We know it's flattering and exciting when you see a higher price for your home, but really think about it - do you want your real estate agent to tell you what you want to hear or

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Games Agents PlayAre you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct?

Hiring a professional real estate agent can take away most of the challenges of selling. A great agent is always worth more than the commission they charge just like a great doctor or great accountant. You want to deal with one of the best agents in your marketplace. To do this, you must be able to distinguish the average agent from the great one. We recommend you interview at least 2-3 Full Time Realtors.  Yet interviewing isn't always enough - instead you need to arm yourself with the right information to know when you're being sold a sack of lies.

In this ongoing series we're

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FHA released an announcement which is a major new step that the government is taking to make mortgages more affordable and accessible for creditworthy families. 
The Federal Housing Administration (FHA) will reduce annual mortgage insurance premiums by 0.5 percentage point from 1.35 percent to 0.85 percent. 
For the typical first-time home buyer borrowing a $250,000 mortgage could see lower monthly payment of approximately $75-100.00 per month!
Current homeowners who refinance into an FHA mortgage may see similar reductions to their mortgage payments as well. This change may help millions of families save billions of dollars in mortgage payments in the coming years.    The PerfectHouse Team is proud to share this news hot off the…
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Just over 20,000 homes were sold in Hampton Roads in 2014, that is a little over a 3% decline in the number of sales from the previous year. This soft sales rate could mean that lenders will be motivated to keep mortgage interest rates in the mid 3% range prior to the seasonal spring sales increases. Savvy buyers know that a low interest rate along with fewer competing homes could mean extra value to them. Serious sellers marketing during the winter months may also be more willing to negotiate prior to spring as well.   Locally, the key factor for a buyer is to interview experienced full time Realtors and hire one that understands their motivation and needs. It's true that buyers have online tools to see all the homes for sale but with all the data…
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