We’re declaring the warm and sunny season around Lake Keowee currently as we head out to do our Lake Keowee real estate work in shorts. In the mornings when it’s 40 degrees, it’s maybe not such a great idea, but by the middle of the day when the temperature hits 70 degrees we look like soothsayers. The flowers are emerging and the leaves are starting to sprout on the trees. Just makes you feel good!
Business has been good this week as we’ve closed on a Lake Keowee interior house and lot over the past week and added another home listing. We are heading out shortly to try and get another one ready for the market (a really nice one, I must say). Overall, 2024 looks like it’s going to be a good year with some potential relief in the interest rate and the consistent addition of inventory. We do expect things to pick up speed now that it’s starting to look and feel like spring.
I know I sound like a broken record, but we still need more listings. It’s the best time of 2024 to put your Lake Keowee home or land on the market. Take advantage of low inventory and a good stock market and let us get your Lake Keowee property sold, but quick!
Home Buyers: A Critical Guide To Home Loans:
Choosing the right mortgage will affect your very financial future. Here’s vital information to help you weigh your options and make a sound decision.
An Insider’s Guide to Understanding Mortgage Loans
Don’t get stung by unexpected fees
One of the most common errors I’ve seen borrowers make is in not considering the various fees they will end up paying in figuring out the final cost of a home. Let’s take a look at what you can expect.
Tips for the best deals
Now that you know a little more about mortgages and where they come from, I’ll share with you my tips for getting the best deal and saving yourself a lot of headaches in the process.
Negotiate the Points – If you’re considering a large mortgage, your lender may be willing to lower the points charged to get your business. You lose nothing by negotiating. If you’re planning to stay in your home for less than five years, lower your points paid by accepting a higher interest rate. If you’re sticking around longer, consider more points against a lower mortgage rate. You pay higher costs up front but can save money in the long run. Just remember there are three components to your mortgage loan: the interest rate, the points and the lender’s charges.
more next week….
More next time…
Check out the Lake Keowee Real Estate numbers for the year
