Prep your home for the spring market

March 24, 2015 Spring Market

Spring is here and with spring comes changes in weather that we have all been awaiting. There are a few spring cleaning items that you can do to help with all the spring showings that are bound to happen with this hot spring market!

Rake your leaves! If you have leaves left from the previous fall, rake them. Clean up your yard so it is easier for the potential buyers to see the lawn and all that your yard has to offer them. A simple step like raking can make a world of different when viewing homes and getting a feel for the space.

Clean up chipping paint on your window trim. With the harsh weather conditions that Minnesota tends to have, a simple step to keeping your home appealing to the eye is to clean up the paint. Window trim does chip due to the weather conditions and touching that up is a great way to not only make it look better, but also may steer you clear from any issues that could arise from an appraiser for the potential buyer.

Stack those boxes and get rid of the clutter! Keeping the rooms in your home easily accessible is very important. We always like to go in to a home knowing we can move around and get a good idea of how much space there is and at what capacity it could be used to. When everything is covered with boxes and random items, it truly makes it hard to see key features in the home. Also, keep your utilities clear so they are always accessible to contractors for any work that may need to be completed.

If you or someone you know is thinking about buying a home and/or selling your current home, contact the Better Living Group today! We are here to provide you with information on purchasing a home and a free market analysis for the home you are considering to sell. The Better Living Group are Real Estate professionals in the Twin Cities and Greater Metro areas who are ready and able to assist with all of your Real Estate needs and goals and to provide only the best Real Estate service to all of our clients past, present and future.

The Better Living Group

Realtors- GRI, ABR, CDPE

blghomesmn@gmail.com or 763-496-2911

Keller Williams Classic Realty NW

 

Posted in Community /Real Estate News, Updates & Trends /

Update: Mortgage Interest Rates at Four Month Low

November 1, 2013

Due to the recent government shut down the mortgage industry has seen some changes, added with weak job numbers as a result of the shutdown, fixed mortgage rates are now at a four month low.

In July of this year we saw interest rates begin to rise with 30-year fixed rate mortgages go from 3.93% to 4.46%. This was the largest jump in interest rates at one given time since 1987. Now, since the shut down, we have seen rates drop from 4.28% to 4.13%. This is still quite a bit higher then last year, which was 3.41%, yet the rates are still low and affordable for many of us looking to purchase a new home.

If you are thinking about purchasing a home and/or need to sell your home, contact us today. We will go over current market trends and have some fantastic lender referrals available, all who are ready and able to assist you. My team and I are licensed Realtors in MN, working in the Twin Cities and greater Metro Areas and we’re dedicated to providing the very best service to all of our clients – past, present and future.

Chelsea Knutson and the Better Living Group

Realtor- GRI, ABR, CDPE

Keller Williams Classic Realty NW

Posted in Community /Real Estate News, Updates & Trends /

Home Buyers | Credit Scores & Down Payment Requirements Ease

October 16, 2013

If you are thinking about purchasing a home and are concerned about getting a loan due to what you’ve heard about and/or previously experienced when it comes to getting approved for a loan, it’s time to take another look.

A recent study by Housingwire, says that lenders are starting to ease up on borrowers. Lenders are beginning to approve more loans for those who have credit scores under 700. This is great news for all homebuyers who have some debt or discrepancies that held up the approval process in the past. Whether it is higher student loans, credit cards or a past short sale or foreclosure, you may now have the opportunity to purchase your new home, depending on your current credit score. The fact that lenders are easing up on requirements will make it easier for homebuyers to come in and get a loan to purchase the home of their dreams.

The Housingwire study also stated that banks have started to lend larger amounts of money while requiring a lower down payment. The minimum down payment for a Conventional loan could be as low as 3 to 5% and FHA is 3.5%, which is a low down payment for those who have cash flow, however, want to keep some of their nest egg in the bank.

If you are thinking about purchasing a home and/or need to sell your home, contact me today. We will go over current market trends and set you up with some fantastic lenders who are ready and able to assist you. I am a licensed Realtor in MN, working in the Twin Cities and greater Metro Areas and am dedicated to providing the very best service to all of my clients – past, present and future.

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Chelsea Knutson

Realtor- GRI, ABR, CDPE

763-496-2903

the Better Living Group

Keller Williams Classic Realty NW

Posted in Community /Real Estate News, Updates & Trends /