July, 2020 RSS Icon
Found 3 entries for July, 2020.

5 Things Your Mortgage Lender Wants You To KnowUnique economic and health uncertainty have changed our daily lives, our interactions, and the way we conduct business. For some of us, it has offered new perspective into our wants and needs. A home where once content, we’ve now discovered it’s time to make a change.

With record-low interest rates and low inventory, our local real estate market has become a competitive race for buyers to find their next home. Now more than ever, it's critical to be pre-approved before starting your search if you want to stay ahead of the pack. Read on buyers, there are some post-COVID new norms when it comes to home financing you’ll need to keep up with.

We talked to a couple of local lenders and here are 5 important things you need to know about new lending

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2020 2nd Quarter Market UpdateAs we rounded the halfway point of 2020, we reflected back on the 6 months behind us. We’ve moved from a pandemic lockdown to a gradual reopening. The novel coronavirus (COVID-19) has reshaped how we live our lives. Unique health, social, and economic factors have intersected to create an equally unique housing environment. Even during these inclement times, our local real estate market remains strong. As we emerge from these unprecedented times, we take stock of the present and make plans to move forward.

One question residents of Macon County want to know: What’s happening in our local real estate market?

Through the first half of 2020, there were 636 sales vs. 574 sales in the first half of 2019 which represents a 10.8% increase in the number of

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Tips for Buying a Home in a Seller’s MarketThe housing inventory continues to ride lean and low in Macon County. For home buyers, that means increased competition, and in some cases, even bidding wars.

“These days if you sleep on it, you’re not likely to sleep IN it,” laughs Brinkoetter Realtor, Louis Kappler.

So if you’re thinking about buying a home today, when properties are selling almost as quickly as they’re listed, here are a few tips to consider that will help you hold your own in a seller’s market. 

Tip #1: Get Pre-Approved for a Home Loan

One of the smartest things you can do to ensure your chances of buying the home you want is to apply for a pre-approval on a mortgage. Applying for a mortgage after making an offer on a home may signal to home sellers you’re not as motivated to

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