If you are thinking about selling your home, it is wise to consider using a qualified real estate professional to assist you. The first reaction may be to call the Realtor who sold you the home to begin with, but this is not necessarily the best plan of action. Some real estate agents specialize in placing buyers, and some have more expertise in listing and selling property. Very few real estate agents are actually good at both.
Choosing the right agent to represent you in the sale of your home minimizes a variety of stress factors. Your agent should be well-versed in advertising, marketing, current fair market values, have the ability to put your home in the Multiple Listing Service (MLS) roster of homes that are on the market, and be prepared to screen prospects so that you are only dealing with qualified buyers.
My team and I work with a select group of real estate professionals that provide stellar service to their clients. In addition, we have the ability to assist in screening prospects by providing pre-qualification and pre-approval, and we can also assist you with financing options for your next home. Consider my office the hub of your next real estate transaction.
REALTOR -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR holds membership.
Mortgage Interest Rates*
Rates as of Friday, 6th February, 2009:
| |
Conforming
|
APR
|
Payment per
$1,000 |
Jumbo
|
APR
|
Payment per
$1,000 |
|
30-Yr. fixed
|
5.500%
|
5.635%
|
$5.68
|
5.875%
|
5.967%
|
$5.92
|
|
15-Yr. fixed
|
5.250%
|
5.478%
|
$8.04
|
5.250%
|
5.402%
|
$8.04
|
|
7-Yr. fixed ARM
|
4.750%
|
4.879%
|
$5.22
|
5.500%
|
5.590%
|
$5.68
|
|
5-Yr. fixed ARM
|
5.000%
|
5.131%
|
$5.37
|
5.250%
|
5.339%
|
$5.52
|
|
3-Yr. fixed ARM
|
5.375%
|
5.509%
|
$5.60
|
5.250%
|
5.339%
|
$5.52
|
|
5-Yr. Interest Only
|
5.250%
|
5.383%
|
$4.38
|
5.500%
|
5.590%
|
$4.58
|
*Rates are subject to change due to market fluctuations and borrower's eligibility.
|
Superior Home Mortgage Corp. licensed in DE, FL, GA: Georgia Residential Mortgage Licensee #14511, MD, MI, NY: Licensed Mortgage Banker - NY State Banking Department, NC, PA, SC, VA: Virginia State Corporation Commission License # MLB-566, & DC. Superior Mortgage Corp. licensed in CT, MA: Mortgage Lender License # MC3208, NJ: Licensed Mortgage Banker - NJ Department of Banking, RI: Rhode Island Licensed Lender & Broker, & TN. SHM Mortgage Licensed by the New Hampshire Banking Department
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6 comments • Karl Peidl - Accredited Loan Consultant • February 06 2009 01:40PM
Karl, Always appreciate having this information handy. Thank you.
Janice - Thank you, as always, for stopping by my blog. Although you certainly know why it is so important that a seller use a Realtor, it's always good to have a reminder of the points you should make to a potential client. Have a successful weekend.
I agree there are some agents who specialize in selling and some that specialize in buying, however there are just good agents period who do both well. I do agree that especially on listings the seller needs to interview more than one agent before listing their home otherwise they have nothing to compare the only agent they talked to against.
David - There definitely are agents that do both well, but some are better at one side of the deal than the other. The mortgage industry is similar in that some LO's are better at refis and some are better at purchases, but not all can do both well. As many got into the mortgage business during the refi boom, they did not have a need to learn the purchase business. When refinances slowed down, they attempted to shift over to purchases without the proper training or understanding of the transaction.
Karl,
Thanks for the post.....information is key and true Real Estate Professional will deliver to the Buyer and/or Seller what is necessary for a truly satisfying transaction.
And I preach as well.....NEVER think of looking at homes without being pre-qualified by a Mortgage Professional.......I never take a Client out until this is done.
Dan - I've seen way too many Realtors waste time and money on potential buyers that do not qualify to buy a home. Getting a pre-qualification done first is now more important than ever as guidelines continue to become more strict.