Some homeowners consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
Here are five reasons:
1. There Are Too Many People to Negotiate With
Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

The buyer who wants the best deal possible
The buyer’s agent who solely represents the best interest of the buyer
The buyer’s attorney (in some parts of the country)
The home inspection companies which work for the buyer and will almost always find some problems with the house.
The appraiser if there is a question of value

2. Exposure to Prospective Purchasers
Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote ...

 

 






 
To Discuss the Purchase of Your Dream Home Call/Text Me at 561-886-7476 (no obligation to Buy) and Start Packing.
Here is what our Happy Customers say about Us!
Ryan Critch, The Real Estate Expert
CEO Ocean400 International Realty
561-886-7476 ...

As we have reported multiple times, the Federal Reserve has determined that a homeowner’s net worth is 36x greater than that of a renter.

There are many renters out there who want to become homeowners, but don’t believe that they can afford to make the jump. There are also many Millennials that haven’t yet left their parent’s home, who are making the decision to move out into a rental instead of a home, for the same reason.
That’s where you come in! Being your market’s expert and educating potential homeowners on the current conditions and programs available to help them make the informed decision to stop renting and start building net worth as a homeowner is the first step.
“Either Way You’re Paying A Mortgage”
The truth and simplicity in the statement, “either way you’re paying a mortgage, yours or your landlord’s,” is the “aha” moment that many may need to realize that there is a better w ...

 





The headlines agree mortgage interest rates have dropped substantially below initial projections. Many who are considering purchasing a home, or moving up to their dream home, might think that they should wait to buy, because rates may continue to fall.
A recent article on the Economists’ Outlook blog by the National Association of REALTORS® (NAR) provides insight into one major factor in the decline in interest rates, the crude oil price.

“As of January 5, 2015, the U.S. Energy Information Administration (EIA) reported that the price of regular gasoline was $2.20/gallon, the lowest since gas prices peaked to about $ 4/gallon in May 2011.”

You may have noticed that filling your gas tank has become substantially less expensive in recent months. A welcome change from the close to $5 a gallon that many Americans were paying this time last year. The average US household is projected to save around $550 in 2015.
So what does that have to do wi ...

 





We finished 2014 with the 30 year fixed mortgage rate at 3.87% as per Freddie Mac. This is very close to the historic lows in the spring of 2013.
However, the Mortgage Bankers Association projects mortgage rates to be about 5% by the end of 2015. The website Investopedia agrees and gives some perspective on the 5% rate:

“Barring another financial and housing market implosion, and if the economy continues to improve, expect interest rates to rise in the latter half of 2015. If they do jump to the 5% range it will be a modest hike when compared to historical averages. Rates will still be far below the approximately 8.5% 30-year fixed-rates mortgages have averaged since 1971 when Freddie Mac started tracking them. Rates averaged 6% in the years leading up to the recession.”

Here are the latest 2015 mortgage rate projections from Fannie Mae, Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors:

 
To Disc ...