Ep 109: Mailbag – ARMs, Home Upgrades, and More

Let’s answer some questions from buyers and sellers in the area! Brent is thinking of using an adjustable-rate mortgage to buy his home, but he knows they became a big issue in 2008 and the rate may go up in the future. How does Colleen advise those interested in ARMs? Colleen recommends meeting with a lender and wants to remind you that we’re not in the same position as we were in 2008.

Dan in Salem just sold his home with a different realtor and is having some seller's regret: his house took 3-weeks to sell and sold below value. What did he do wrong? This could happen for various reasons including the agent's workload or the presentation of the home. Join us today as Collen explores these questions and more!

 

Key Points:  

0:37 – What is your advice on adjustable-rate mortgages?

3:28 – Our house sold below value what did we do wrong?

6:14 – What home upgrades could increase the value of our home?

10:22 – Should I try to buy again with the rental market just as competitive?

 

Learn more: https://www.bensonbrokergroup.com/blog