What Mortgage Rates Are Doing This Week : Jan 28, 2013

Rates_rising_Jan_28th_2013At the opening this morning, we are experiencing our 3rd day in-a-row of rising rates. What’s up with that? Thankfully, at the moment, they are clawing their way back. Last week, Mortgage rates rose as investors gained confidence in the global economy. China and Europe posted better-than-expected manufacturing rates, U.S. Jobless Claims fell for the second straight week, and the worst of the European debt crisis appears to have passed.

A strengthening economy = Mortgage Rates will go up! Continue reading “What Mortgage Rates Are Doing This Week : Jan 28, 2013”

What Do I Do? The Home Didn’t Appraise At Its Purchase Price

We are experiencing somewhat of a seller’s market in Sacramento, and a changing climate, as value’s are starting to rise across the country. With this added demand, comes multiple offers which can drive up the purchase price of a home – sometimes artificially. We know that too many buyers are chasing too few sellers, and reaching a sales agreement can be just the start of the negotiation process. One particular negotiation point which can present difficulties for both buyers and sellers is when a home’s appraised value falls short of its contracted sales price.

Home appraisal remedies for home sellersSometimes, this happens because the home’s price was inflated. Other times, it’s the result of a faulty appraisal. Or, everyone knows the home won’t appraise, but the market is heating up and the seller feels they deserve what “the market will bear”, and don’t care what the appraisal says. Continue reading “What Do I Do? The Home Didn’t Appraise At Its Purchase Price”

How To Help Your Pets Adjust To Your New Home

Stanley The Cat

That picture to the right is our very friendly cat, Stanley. He actually handled the move into his new home without much fanfare – he settled in quite nicely. But, I know this is not true for many, and moving to a new home can be a difficult transition for everyone in the family, including the furry, four-legged members.

Dogs and cats develop a strong bond with their environment so when they from their territory it can cause them stress.

Here are some tips to ease your pets’ transition to a new home : Continue reading “How To Help Your Pets Adjust To Your New Home”