Fannie, Freddie plan to modify credit scoring, servicing, appraisals

Prelisting checklist

The Federal Housing Finance Agency announced on December 21, 2017, the release of its 2018 Scorecard, which outlines the conservatorship priorities for the GSEs. The FHFA announced Fannie Mae and Freddie Mac are expected to maintain, in a safe manner, credit availability and foreclosure prevention activities for new and refinance mortgages in order to foster liquid, … Continue reading...

10 Little Fixes to Sell a Home Faster

10 fixes to sell a home faster

10 Little Fixes to Sell a Home Faster The devil is really in the details when buyers look at a home. Lots of everyday wear and tear that you don’t even notice can ding your home in the eyes of potential buyers. Here’s my list of ten simple improvements you can do to help your home sell faster: 1.Spruce up your baseboards: Pets, kids, and stumbling husbands in the dark can … Continue reading...

Morning Person – Get the Most Out of Your Day

How to Become a Morning Person When you are your business, being a morning person gives you a big advantage in life. Mornings are super productive times for me, but you don’t have to be in real estate to reap the benefits. Mornings also set the tone for the day. You feel great knowing you’ve paid yourself first... there’s no procrastination guilt. If you’ve ever … Continue reading...

Tricks to Showing Your O’fallon Home

Tricks to Showing Your O'fallon Home Here are a few tips for showing your home:When you have your home on the market, it needs to be ready to show at all times. Now of course you won't have someone showing up at 7:00 a.m. or 10:00 p.m., but during reasonable hours, your home could be shown multiple times through the day and evening. Having your agent put a lock box outside … Continue reading...

Selling Mistakes to Avoid

selling mistakes

Critical Selling Mistakes to Avoid in O'fallon   1. Failing to prepare your home for the critical eyes of a buyer When was the last time you stood across the street and took a good hard look at your home? Don't underestimate the importance of making a good first impression. It begins at the street -- it's called curb appeal. If you are competing with other homes … Continue reading...

Tax Deductions Can Make Homeownership as Affordable as Renting

tax papers

Tax deductions can make homeownership as affordable as renting Unlike renters, homeowners get part of their monthly payments back at tax time. That's because the mortgage interest they pay is (in most cases) fully tax deductible. For a mortgage payment of, say, $1,000 (principal and interest only), you could purchase a home for $151,426 if you put a 10% down payment on a … Continue reading...