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New Year , New Home

 

1% Down is all you need . We GIVE you 2% free money

 

SKIP THE COFFEE. BUY THE HOUSE

 

 

If You Really Love the House…

Don’t Lose the Bid.

In the housing market, the best deal doesn’t always come with the lowest price.

Price vs. Payments – If you’re financing your purchase, you’ll probably never come close to paying the actual price. You’re making a comparatively small down payment and then paying interest on the loan until you refinance or sell. Yes, you will have a higher payment if you pay more for the home, but an extra $10,000 of mortgage money can add less than $50 per month on a low-rate, 30-year loan.

Relative Prices – Our natural tendency to pay as little as possible is not as meaningful for an investment, such as a home, as it is for a consumable. In this case, what you pay now can affect your sales price later. There may be little difference in total earnings if you pay less and sell for less or pay more and sell for more.

Influencing Value – For appraisers, the last sale or “comp” in an area sets the value for similar homes. Whatever you pay helps to establish what your home and comparable properties are considered to be worth.

Setting the Trend – If you pay less for your home than was paid for the last similar home, you may be contributing to a downward price trend, which can be difficult to reverse. Conversely, helping to maintain a trend of price appreciation can end up paying you back many times over.

One Chance – No two homes are ever exactly the same. Even when structure matches, your land, your view, your address and your immediate neighbors will always be different. You truly may have only one chance at just the right house. Industry professionals have all seen buyers lose out on what they really wanted. We don’t want that to happen to you. Nor do we want you to pay more tomorrow for something less than what you could have had today as a result of increasing prices and rates.

Reach out, and we’ll be happy to help you weigh your options for the home you would really love to own today.

Sincerely,
Hope Hall
Hall Lending Group
Mortgage Loan Officer
NMLS 3938
(319) 899-3820
hope.hall@gmail.com
1930 St Andrews Ct NE
 

Prices Have Risen

 prices_have_risen_email  Remember not too long ago when all you heard or read in the news was how home values were going to keep falling? Well, it didn’t happen. In fact, not only did values stop dropping, but in almost all areas of the country, prices have risen well off the lows. In a few metros, they’ve even reached new highs.

We tend to take a far more factual and historical view of our market rather than the speculative and sensational perspectives you often see in the media. We often cite facts, such as the record affordability that came with falling rates and prices. That particular information led us to anticipate what we see today—price appreciation

Be aware that what you hear in the media is often not the best information for making decisions with consequences that last longer than the current news cycle. Homeownership generally falls into that category.

When long-term information is what you want, come see us. We’re happy to help.

Sincerely,
Hope Hall
Hall Lending Group
Mortgage Loan Officer
NMLS 3938
(319) 899-3820
hope.hall@gmail.com
1930 St Andrews Ct NE

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