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Bonnie Fagoh
April 2007
Buyin' or Sellin'....Call Bonnie Helen! (Fagoh)(813) 390-7606
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Sell Your Home for More Money All sellers want to make more when they sell their home, but instead many literally throw away thousands of dollars. It's a problem that has a very basic solution. "The key to understanding how to get your house sold quickly and for top dollar is to first understand that buyers buy emotionally not intellectually," says Michael Corbett author of Ready, Set, Sold! He should know. Corbett bought his first investment home at the age of 19 after his acting career in daytime soaps provided him with a little extra cash. "I had a $10,000 check from my first
Mortgage Rates U.S. averages as of March 29, 2007:30 yr. fixed: 6.16%15 yr. fixed: 5.86%1 yr. adj: 5.43%30 yr. jumbo: 6.98%-->
View current rates
soap opera when I was on Ryan's Hope and I thought what better a place to invest it than in buying a house. So I bought it and I fixed it up and then I put it back on the market and I made a lot of
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Wondering What Your Home Is Worth?Let me show you.
10 Ways To Know When The Market Is Up -- or Down The past year saw a slowdown in real estate markets across the country. But the term "slowdown" is relative and should be used with care: The vaunted housing "bubble" predicted by many never happened and some areas have seen price increases. What did happen is what you would expect in any normal market: Local supply and demand determined marketplace trends. You can see this most clearly by looking at the data for 149 metro areas compiled by the National Association of Realtors. Seventy-one areas showed price gains, 73 had declines and five broke even in the fourth quarter. The localized nature of real estate becomes even more dramatic when you compare individual areas. The Atlantic City and Salt Lake City metro areas both saw annual gains above 20 percent. Alternatively, in Florida prices in the Sarasota-Bradenton-Venice (-18.0%), Palm Bay-Melbourne-Titusville (-17.0%) and Cape Coral-Ft. Myers (-11.7%) all dropped.
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Window of Opportunity Opens and Closes with Interest Rates Buyers need to update their relationships with their local loan officer so they know when to climb through the window of opportunity that keeps sliding wider these days. Have you been looking at the interest rates lately? Favorable economic conditions have allowed the rates to slip below 6 percent in some markets. Bankrate.com has them listed at 5.68 percent for a 30-year, fixed rate mortgage; the Mortgage Bankers Association of America has it at 6.06 percent. (Keep in mind, these rates would be for a borrower with premiere credit and low debt.) Nevertheless, if you've been looking to buy, a buyers market is where you need to be buying -- and that would be now. Plenty of inventory, stabilized prices, and cheap money. As you're seeking mortgage rates, you obviously want to be looking at the cost of the mortgage as well. You want to know how much you're going to pay for points (equaling 1 percentage point of the loan amount); origination fee; document fees; appraisal, courier, etc. All of these fees will give you the real cost of the loan besides just the interest rate. Nevertheless, the interest rate is one of the most important parts of the mortgage. If you can determine your interest rate, you'll know how much a house payment will be (within a few
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NextGen House StealsThe Show The New American Home always garners all the headlines at the International Business Show. But for a look at what the crystal ball shows for America's housing, the house to see at this year's show in Orlando was in the parking lot adjacent to the huge Orange County Convention Center. Labeled the NextGen House, this show home wasn't a thing of beauty, at least not on the outside. But inside, the 2,700-square-foot house gave visitors a peak into the future of home construction. This was the fifth incarnation of the demonstration house, but the first to feature a second story, the better to display the four principles it was designed to demonstrate -- strength,
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Daily News and Advice -->Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
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Bonnie Fagoh E-mail: bonniefagoh@century21beggins.com Web: http://www.tampacoastalhomes.com Cell: 813-390-7606
Century 21 Beggins Enterprises 813-390-7606 6542 U. S. Hwy. 41 N.Apollo Beach, FL 33572
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