Don’t Hold Your Breath for 4.5% Rates

And here’s why.  There is a new refinance fever hitting the consuming public. Why? Because the record low delivery rates have let to incredibly low home loan rates.  Have you heard about the rumored 4.5% fixed rates that might become available from the gub’mint under a new stimulus program to get the housing market to [...]

Is Your Property Tax Bill Too High?

Income tax, sales tax, estate tax, excise tax, alternative minimum tax…and just when you thought you’d paid them all…along comes your property tax bill as a homeowner. But did you know that the National Taxpayers Union estimates that as many as 60% of homes are assessed for too high of a value, resulting in an [...]

5 Signs Your Home is Overpriced

As a follow on to yesterday’s post on overpriced listings, I came across this very well written Forbes article, which, if you’re selling your home, you should definitely soak it up (and yes, I did “borrow” their picture for yesterday’s post as well.)
Here are the five tell-tale signs:

Your home is priced well above neighboring properties.  The [...]

Open Letter to the Overpriced Listing

I like the format of the “open letter” — props to Dave over at New Media Chatter, I’m copping your “style”
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Dear Seller of Overpriced Home for Sale:
It would be a perfect world if you get the exact price (or more) you’re asking for your home. This however, is not a perfect world.
Look, we are NOT [...]