Topics of interest to help homeowners when thinking about selling their home.
In addition to the Realtor commission, as a rule of thumb, you should calculate approximately 1% of the sales prices for closing costs. This expense is broken down into several line items such as doc stamps, attorney fees, etc.
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To all the moms; the profound impact you have on us is beyond measure, yet not acknowledged enough. Thank you for all of your unconditional love. Happy Mother’s Day!
Thank you Keller Williams Realty Premier Properties for inviting our company Kirilauscas & Associates Realty to this event!
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What’s fueling real estate prices? Among many factors, interest rates (or the cost to borrow money). Going back to the late 80s when 30 year mortgage rates where over 15%, fast forward now to 2017, good credit and good credentials will get you about 4%.
Think about the impact that has on, say, on a $500,000 mortgage. At 15% interest rate you are looking at a monthly mortgage payment of just under $8,000! Compute that $500,000 loan at 4%, you are down to $2,500 bucks a month. Huge impact. HUGE!
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Mario Avalos 