The Masiello Group has formed a strategic alliance with Better Homes and Gardens Real Estate to become Better Homes and Gardens The Masiello Group. Effective 11/15, we will now have greater marketing as well as greater visibility. It will be a great partnership!
For more information, click on this link for the podcast
http://www.masiello.com/conversion_video.cfm
We've heard alot about how great a time it is to buy as a first time homebuyer (and it definitely is) but it is also a great time to buy up. By this I mean it is a great time to sell your house and buy something more expensive (as long as you can afford it of course). We've heard how bad it is to sell in this market but even if you have to lower your $200k house by 10% (lowering the price by $20k), if you are buying a $400k house and they have to lower their listing by 10% as well (making it a $40k difference), you've actually gained $20k by buying up.
What I'm seeing nowadays is that lower priced houses have more buyers for them, and that higher end house have to lower their prices by even more to attract the buyers who can afford them. So as long as you stay in the more expensive house, when the market does turn, it will appreciate at a greater rate than the lower end house (just use the formula in reverse). Let me know if I can help you! Cheers, Hannah
This week the mortgage interest rate went down from 6.5% to 6% becuase of the goverment taking over Fredie Mac and Fannie Mae. According to Rob Drum at Homestead Mortgage (www.homesteadme.com). the interest rates have dropped but it may only be a very temporary thing. You can lock in this week and have this rate be good for 30 days, which may be the lowest rate we will see for a long time.
With the apr going down a half point, on a $200,000, 30 year fixed loan, you could realize savings of over $700 a year. As always, I'm happy to help you with your buying needs and am never to busy for your referrals! Cheers, Hannah McChesney, hmcchesney@masiello.com 207-699-7566
I went to a two day seminar last week about women - centric design. In case you didn't know this, women make the homebuying decisions 9 out of 10 times (sorry guys....guys?) so there is a very smart marketing firm out there who is designing and marketing homes specifically for women.
Whatever your gender, these designs are very smart for modern living.
To find out more and what personality type you are, go to www.finallyaboutme.com . As always, email or call with any questions. 207-699-7566 or hmcchesney@masiello.com
Have a great Labor Day weekend!
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Got Agent? With the internet savvy of Better Homes and Gardens Real Estate The Masiello Group behind me, I provided customized service to both sellers and buyers!
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