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Kelly Parks, ABR, WHS, WCR, ePro Broker/Owner

Now is the time to buy??? Are Interest Rates going up???

National Average Contract Mortgage Rate

This graph shows the historical data of where interest rates were in 1963 and where they are now in 2008.

They might be headed up so do your research and decide if now is the time for you to buy.

Educated buyers make better buying decisions. Become an educated buyer.

Your real estate taxes might be escrowed... don't pay twice.

Real Estate Tax Bill are being mailed out here in Great Falls.

Remember to check if your taxes and insurance are escrowed by your mortgage lender/bank. I get lots of questions this time of year about, "Wow, I just got a bill ... and I thought my taxes are escrowed".

I always remind my clients that they should double check to be sure, but in most cases both real estate taxes and insurance are escrowed. That simply means that your bank or mortgage company pays them on your behalf because you pay into the escrow account every month.

If you think there are errors or you are being taxed too much, you can always visit with our County Treasurer and also petition to have them reduced. Our tax people here are pretty nice overall and usually willing to listen.

If your taxes are not escrowed by your bank or mortgage company, then just pay the half that is due on the due date on the statement.

Happy taxes.

Million Dollar Listings, another take.

The bulk of my market is single family residential. I do and have sold many million dollar listings.

The inexperienced may think that million dollar listings here in Montana should be treated the same as $100,000 listings. Whether it be a home or a ranch a million dollar listing requires special attention and marketing.

My philosophy is no different but marketing techniques sure are. The various avenues you market a million dollar listing to, to be sure you are targeting the right audience, makes a difference if you want to do your duty to your seller to get the most exposure.

It just amazes me when I see posts from new agents and brokers who think all markets are the same for every listing. On the other hand that is good for me. LOL.

Kelly

Great Falls, Montana is not the end of the earth!!!

Well, as we are fast approaching fall and the "election" I must remind myself to prepare for the upcoming Holidays and winter. This makes me think of all the neat things I actually got done this past spring and summer and trips I want to plan. Despite what many of my out of state and out of country friends think, Great Falls is really not the end of the earth. lOl.

First we have several airlines that fly into Great Falls now. This year we were even blessed with the addition of more direct flights to Las Vegas. We can get to Denver, Minneapolis, Seattle and Salt Lake very easily and those destinations get us everywhere. I have to fly to Toronto on business this fall and I really want to take my daughter to Sea World. The great thing is I can get everywhere now, without much hassle and the flight prices are even pretty decent.

Next, I must say that I have had a bumper year gardening. We really can garden in Great Falls, believe it or not!! I was able to purchase some interesting varieties of cold hard grapes that have done very well this year. All the perennials my daughter and I started late winter have taken off like wild fire in our garden. The rose varieties I added have bloomed all summer and are still blooming, much to my amazement. We have some interesting rhubarb, raspberries, sweet potatoes, pumpkins and corn heirloom varieties that are super too. Since I just adore wisteria, I am trying several cold hardy varieties. Lavender is doing outstanding and we shall see how they fair next spring. The garden has been great fun for both me and my daughter. It keeps us out in the fresh air all the time.

We have had a lot of rain this year and our summer has been cooler than most, which has allowed us to ride our horses and spend lots of time at all the kid friendly parks here in Great Falls. Swimming was great fun too. I just can't believe how many parks we have here and how nicely they are maintained.

On rainy days we trek to the library, children's museum, Starbucks or just hang out at home. There is always something to do.

Oh, and I must not forget real estate. This summer has been over the top busy showing and selling homes too. Many of my colleagues are complaining about how slow it is, but I can't figure out what they are talking about. There is lots of business, which is the other benefit of living in Great Falls, an insulated market (a term I learned from a response from one of my other blogs).

Life is good. If you are considering moving to Great Falls, be sure to go to my website and check out the links and relocation pages for lots of good links to things in Great Falls. We love it here and sure hope you will too.

Kelly

Treat people fairly

One thing to note in Great Falls, Montana is that we are a pretty relaxed community. I have learned that many of my clients just want to be treated fairly. They do not want to dress up to meet with their Realtor. They do not want to be intimidated by their Realtor either. Many real estate deals start out on napkins, with clients jotting down what they want. The old saying "never judge a book by its cover" is so true. Treat others with respect and be a good listener and be available to answer questions. That is the secret here in Great Falls, Montana.