How does interest rate affect you?

There are a number of reasons that homeowners still need to sell today. If any of these resonate with you, it may be time to move so you can find a house better suited to your changing needs. Let's connect and discuss your options. Call me direct at 615-337-3989.

This brief podcast compares the current market to what we experienced just two years ago. There are no boring stats in this episode, just some of the key differences that have shaped the market we see today.

So you've given some thought to selling your house but you just don't know where to start.  You've probably asked yourself, "What's the first thing I need to do to sell my house?"  That's a great question!  I'll cover that one and many more in todays Part 1 episode.  I've determined that there are 16 steps to selling your house.  Now, the first 7 are covered today and you, the homeowner, control those.  The other 9 fall into your Realtor's lap but we'll work on them together.  I know that many are considering selling their house but it just seems overwhelming and they just don't know where to start.  That's why I've put together these steps, these "bite-sized" pieces to successfully getting the most for your house.  Listen in, and take some notes.

004.  Interest rates affect both buyers and sellers.  With interest rates climbing, you need this information so that you can make an informed decision for your family.  

Many home buyers today are not only offering over list price, they're offering a substantial amount over the appraised value in case the appraisal value is lower than their contract price.  Listen to how this works in a real world example and determine if this is a route you're willing to take.

This week I'll talk to you about what to expect in the housing market in 2022.  I'll also give you some numbers about the current inventory situation in my area.  These numbers are critical to knowing where we are and where we're going.  Let's dive into what leading real estate experts are projecting for 2022 so you'll have the confidence you need to do what's best for your family regarding buying or selling your house this year.

This is the first episode of Season 2.  I'll tell you a little about myself and why I'm doing this.  Then we'll get into the topic of inventory and short supply.  I'll talk about new construction issues, how many houses are on the market for sale, and what's ahead for 2022.  If you like what you hear and don't want to miss out on anything, just hit the subscribe button.  I promise the episodes will get better.  I've got a lot to cover in the coming weeks!  To see homes in Middle Tennessee for sale, just visit my website at www.MyAgentEddieMann.com.  You can also find the value of your home there.  Thanks for listening.  Talk to you next week!

What is included in your closing costs?  In this final part of this mini series, I discuss the last 7 items you can expect to see on your settlement statement at closing.  Things like pre-paid interest, transfer tax, HOA fees, etc are part of your closing costs.  Listen for a brief explanation.  Call or text me if you'd like a more detailed explanation at 615-337-3989.

There are fees and costs associated with the purchase of a home and obtaining a mortgage loan.  In part 1 of this episode I explain what closing costs are so that you'll know what to expect when you arrive at the closing table.  What is the difference between down payment and closing costs? What is PMI?  Why do I need title insurance?  These are questions I'll answer in the podcast.  Thanks for listening! 

Which month do you think most people who are considering buying a home actually start their search? You probably think it’s in April, right? Not anymore. In this episode, I’ll give you some things to think about if you’re considering making a move this year. This market will be different than anything we’ve experienced in the last few years. You need to be prepared and ready for what’s next. Listen in and take notes. Thanks for listening.