We’ve recently talked a lot to Sellers letting them know that it’s a great time to put their property on the market because interest rates are at an all time low. And that houses especially, are selling as fast as we can list them. But, we need to talk to Buyers as well to let them know how to be prepared when the house you want comes on the market. It’s not unusual in this Seller’s market that we’ll have multiple offers on a house.
Let’s say that two are about identical and they are the highest offers. If one customer submits a pre-approval letter from their lender with the offer and the other customer doesn’t, there’s a real good chance that the one with the letter will be accepted. That doesn’t mean that the other Buyer couldn’t be approved, just that they hadn’t gone through the process yet. I’m sure you can already see how important this step could be. And it doesn’t take more than a phone call to get it started.
If you’re in the market to purchase or maybe even thinking about it, do yourself a favor and call your banker, lender, loan originator and ask them what it’s going to take to get pre-approved. If they go far enough to check your credit, verify your income, and get approval from underwriters it can reduce the loan closing processing time by as much as a week or two. And right now so many people are refinancing and either buying more house or less house that appraisers are running 2-3 weeks behind. Be ProActive and get Approved now! -Susan Carpenter, Gateway Properties
During these difficult times it has really become a SELLERS MARKET with very few listings in our area. So many are looking to UPgrade, DOWNsize or even just find a new home where both BUSINESS & FAMILY can live happily together. If you have ever thought about selling the time is now. Please read our reasons why you should contact us when the time is right for you to sell your property. 1. Gateway Agents will be able to research and help you get the best price for selling your property for a premium return. 2. Gateway Agents have a wide variety of marketing and exposure procedures to get your house viewed by others including access to MLS where other real estate brokers and agents can view. 3. Gateway Agents are honest, professional and successful at showing homes to multiple individuals in addition to working transactions with owners, other REALTORS and agents. 4. Gateway Agents are able to keep you updated on property marketing conditions for your area. 5. Gateway Agents will offer you a variety of tips and ideas on how to present your home in it's best light before showings even begin with potential buyers. 6. Gateway Agents are LOCAL, EXPERIENCED & make YOUR PROPERTY OUR PRIORITY!
There are so many reasons why being a good neighbor is important so we wanted to share this article to just give you some things to think about. There are many more things you could add to this and we would love to hear your ideas and suggestions. Involving your kids in random acts of kindness is a great way to bond as a family, teach them about gratitude, and help make them more mindful of the needs of others. It can also show your kids the power of their actions within your own neighborhood — helping to build community. (Especially during these difficult times.)
If you find yourself with time off, you might consider painting those rooms that look a little dreary. What color you ask? Here's a good article from the experts talking about the new trends for 2020. They may surprise you!
4 Paint Trends to WatchMarch 13, 2020 Is gray cooling for interiors? Where do those trendy blues work best? Paint can do a lot to upgrade a space. Fixr, an online marketplace for home improvement services, spoke to home design experts to gather insights on the hot color trends for 2020. Here are a few trends they found in their study: Gray interiors are falling to the wayside. Gray has been the go-to color in design, but it may be losing some of its appeal. Only 20% of designers say that gray will remain popular this year. Others feel it’s on its way out. That said, despite it losing popularity, 57% of designers say people likely will continue to use it. Cool neutrals reign. Neutral earth tones can go well with many different design styles, Fixr notes. Fifty-seven percent of designers surveyed say that cool neutrals will be the most popular interior paint colors of 2020 (the next most popular group—at only 20%—was jewel tones).
Gray and white exteriors sell best. Gray may be waning for interiors, but not on the exterior. Fifty-two percent of designers said gray is the best exterior color choice for someone who wants to sell their house, 52% of designers also said white is a good color choice for the exterior. “If you’re looking to sell your home this year, gray and white are the top recommended colors for the exterior of your home,” the report notes. “This gives your home a neutral look that appeals to a wide range of buyers, helping them picture themselves living there.” Pale blue is best for small spaces. Blues have been trending, including a pale blue that designers see as their top choice for small spaces. Thirty-seven percent of designers surveyed said that pale blue is the best color for small spaces, while 22% said gray or green is a great choice. “While the size of a space is a key factor in selecting a paint color, it is only part of the equation, as lighting and architecture can also play a major role in the color selection process,” the report notes Source: “Paint and Color Trends in 2020,” Fixr (Jan. 14, 2020)
Susan Carpenter Principal Broker Gateway Properties 870.793.8100 office