Tuesday, February 25, 2020 / by Angie Hsieh
How to be the perfect buyer?
With the market so hot, many have asked me how I get my buyers into escrow or even how I can compete with others?
It is very important to be known and loved by the listing agent. Here are hacks to be the perfect buyer:
1. Go to the open house (either with your family or with me) and strike up a conversation with the listing agent. First impressions are very important. You want them to know you and think of you as a trust-worthy person and more importantly to know that you are easy to talk to and work with.
2. Really love the house, as if you see yourself living in it. You can start by saying we can put TV here, couch here etc. DO NOT say, oh I see the shower has a hole in it will it be fixed? By showing them how much you like the home, you show them how committed you are. Once you start to point out all the problems, they know a hefty request for repairs would come if they chose you.
3. I know you ...
Tuesday, January 28, 2020 / by RE/MAX Cornerstone
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.
Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a 30-year fixed-rate loan.
The combination of leveraging your growing equity and capitalizing on low rates could make a big difference in your housing plans this year.
How to Use Your Home Equity
For move-up buyers, the typical pattern for building financial stability and wealth through homeownership works this way: you buy a house and gain equity over several years of mortgage payments and price appreciation. You then take that equity from the sale of your house to make a down payment on your next home and repeat the process.
For homeowners ready t ...
Tuesday, January 28, 2020 / by RE/MAX Cornerstone
In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where our families can grow and flourish.
If you’re dreaming of buying a home this year, the best way to start the process is to connect with a Real Estate professional to understand what goes into buying a home. Once you have that covered, then you can answer the questions below to make the best decision for you and your family.
1. How Can I Better Understand the Process, and How Much Can I Afford?
The process of buying a home is not one to enter into lightly. You need to decide on key things like how long you plan on liv ...
Tuesday, August 6, 2019 / by Angie Hsieh
If you follow the news, you'll know that the Feds cut rates by a quarter point as predicted. I would've never thought interest rate would be lower than 4% again this year, but wow, the interest rate had stayed at 3.875% for the past 2 days. If you own a home and would like to re-finance, this would be your chance. If you are looking for a home, lock in your rate! Call your lenders right away to save you some money!
To add on to last week's wealth building, here are some other things to consider: Your credit score... why? Because it is one of the requirements lenders need to see before giving you a rate. Your interest rate depends on many things, and one of them is this magical number. If you haven't gotten a credit report in years and are thinking about getting a home, it would be a good idea to get one now. You'll need make sure you know your credit score, and that all the information on it is up to date and current. If you know you have bad credit but don't know what to ...
Tuesday, July 30, 2019 / by Angie Hsieh
Many of us are starting to buy our first homes, while some are working on building wealth through real estate. So everyone should be thinking ahead about saving money. Recently a valuable client of mine asked me how they should go about doing this, and I thought about it and looked into notes I had taken throughout the year.
Here are some easy things I feel like anyone can do to start saving:
1. Know your finances
2. Have a budget and control your expenses
3. Save 10% of all your income
4. Don't over stretch your credit or do risky investments
5. Build up equity of your home
6. Establish a retirement fund
7. Fully fund your retirement
8. Pay down consumer debt
9. Have one month's reserves in cash and don't ever touch it
10. Invest in yourself
You really can't improve what you can't measure, so if you don't look at your finances, there's no way you can improve it.
Before you think about investment homes, make sure all your stability requirements have been met. I would ...