If you’re looking to buy or sell real estate in the next two months to two years, it’s a great time to be talking to your realtor. That’s because you want to make sure that you have a solid game plan, whether you’re buying or selling. You want to know if you’re selling, what it is that you might need to work on and start fixing up. And if you’re buying, you’re going to want to know what you’re going to need to save, where you’re gonna want to be looking, things to keep in mind, and keep an eye on the market. And also just knowing what loan products are out there and what you might need to do with your credit, if that’s something that needs to be improved. So, if you’re thinking about moving in the next two months or two years, start working with a realtor now.
What Do Changing Interest Rates Mean For Buyers?
The interest rates are changing on a daily basis, and they always have been. It’s just that we notice it more now, because the swings seem to be so much bigger. So what does this mean for you as a buyer, as you’re getting ready to buy a home? Well, let’s take an example. A $350,000 loan with a 1% change in interest rate will cost you a $200 difference in price. So if it goes up 1% it is $200 more for you. This doesn’t include any PMI, taxes, or anything like that. It’s just on the principal and interest. So hopefully that helps you as you get ready to plan on purchasing a home and understanding what the interest rates are doing when experts are talking about them going up or coming down. You know, exactly what that practically might mean for you.
Why Work With A Realtor® When Building A Home?
Building a home is an exciting process and you want to make sure it goes as smoothly as possible all the way through. That’s why you should work with a Realtor®. In fact, 93% of people who build a home are represented by a Realtor®. A Realtor® is going to help you negotiate with the builder, can be your advisor to make sure that you’re choosing a location that’s going to fit you, and that you’re going with a builder that’s going to match up with your needs. They’re going to know the reputations of the builder. They can help advise you on upgrades and things like the trends in the industry that they see and they can help make sure communication is happening and everything stays on track. So if you’re considering building, please also consider using a Realtor®.
The Importance Of A Local Lender
One of the first things that you want to do when you’re shopping for a new home is to talk to your lender. It won’t cost you anything and they’re going to help you understand your purchasing power, what your monthly payments might be, and the paperwork that’s going to be involved in the application, then they’re probably going to have you submit that loan application so that they can get you an actual pre approval letter so that you can be best positioned when you want to make an offer on a house. And that is one of the first things that you want to do.
Fastmail adds new rules and other settings screens in beta
Fastmail is making a huge improvement to their email service with more advanced rules. I’m snappy to see this feature being added as it was one thing I’ve asked for on multiple occasions.