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Your Home Team

YOUR HOME TEAM



Your Home Team Contacts


Kevin D. Anderson:

Phone: (616) 889-2480

E-mail: 

kdanderson@grar.com
 
Joan Deering:
 
Phone: (616) 293-9859
 
E-Mail:
 
joandeering@aol.com
 
 
 


Today in History
Today in History

 

BILJANA PENIC

MORTGAGE LOAN OFFICER

Direct: (616) 234-6514

Mobile: (616) 498-0559

Fax: (616) 643-0776

biljana.penic@lmcu.org

 

 


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<< Previous  1  2  3  4  5  6  7  Next >>
 PhotoAddressCityBathsBedsPrice
View
(15 Photos)
4250 River Run Trail NE
Algoma Township 3 5
7 Bedrooms Possible
MLS® $245,900
View
(15 Photos)
4735 Millhaven Ave
Kentwood Township 2
One Full/One Half
3 MLS® $102,900
View
(11 Photos)
4656 Cider Mill Ct.
Walker 2 4 MLS® $149,900
View
(15 Photos)
6685 Passons Ct SE
Caledonia Village (Kent County) 3
3 Full Baths
3
2 up and 1 down
MLS® $164,900
View
(15 Photos)
5384 M-52
Stockbridge 4
Full Bath(s): 3, Half Bath(s): 1
4 MLS® $159,900
View
(15 Photos)
3511 Boone Ave SW
Wyoming 2
2 Full Baths
3 MLS® $109,900
View
(14 Photos)
3740 Balsam Ave NE
Plainfield Township 2
Full
4 MLS® $109,900
View
(10 Photos)
4291 Oakridge Nw
Grand Rapids 3
2 Full 1 Half
2 MLS® $129,000
View
(15 Photos)
6502 Vantage Drive SE Caledonia MI 49316
Gaines Township 2
2 full + 1 half
3 MLS® $169,900
View
(11 Photos)
874 Amber View Dr SW
Byron Center 3
2 full & 1 half
2 MLS® $149,900
<< Previous  1  2  3  4  5  6  7  Next >>



Decisions, Decisions...Obvious Decisions!

It seems like every day there is an article about rising home values, and the recovery of the housing market.  This is great news if you are a homeowner that is considering selling, but as a buyer that is not necessarily the case.  

Currently low interest rates and great prices on homes make now the ideal time to purchase a home.  As home values increase, so do home prices.  So, waiting just allows further housing recovery and higher prices for home buyers, as well as the risk that interest rates could rise costing you even more on top of that higher price.  So, the decision to make a purchase now, or wait is pretty obvious.  You wouldn’t wait for a stock to reach its peak before you decided purchase it.  The goal is to buy when it is lower so that you reap the rewards of its increasing value.

As a current homeowner, you have a decision to make as well.  The values of homes are on the rise…great!  Now, what does that mean for you?  Well, the obvious result is that you potentially can get more money for your home.  Great!  However, once your home sells, you become that buyer that I mentioned earlier.  So, now that you have waited to get more for your home, you have also waited long enough for that home that you want to purchase to increase in value as well.  So, you sold your home for more, but now you are paying more for your next home.  So, homeowners really have a decision to make in today’s market if they plan to purchase a new home.  Solution…sell while the market is active.

Homes are currently selling well and selling quickly when priced appropriately.  So, by pricing your home at a value that it would appraise at; you will find that you will still be able to get your home sold and get yourself into a new home at a good price.  Waiting just allows further time for the interest rates to increase, home prices to increase, and further competition to join the market when you attempt to sell your home. 

So, whether you are looking to buy a new home or sell your current home, now is the time to take advantage of the market.  Buyers and sellers both benefit from the currently low interest rates, and waiting for home values to increase further means higher prices for the buyer and potentially the same for homeowners looking to sell and purchase a new home.  The only ones that potentially benefit from waiting are those looking to sell with no intention of purchasing another home.  Otherwise, now is the time!   The market won’t wait, so you shouldn’t either.


Mortgage Rates


 


 MAY 25th, 2012

 

FHA    3.625 %  

( 3.5% down, can be Gifted ) 

FHA 203K    4.250 %

 

VA    3.750 %  

RD    3.750 %    ( ZERO down )   

 

RD    3.875 %

 

  CONFORMING 30 YR     3.750 %   

 CONFORMING 15 YR    3.000 % 

( minimum 3%-5% down, both 30 & 15 yr )





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LOUISE KREUN

Vice President


 MORTGAGE LENDER

Direct: (616) 836-6853

Office: (616) 494-3150

Fax: (616) 392-6448

lkreun@mercbank.com  


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