Good times, great rates!
Dan’s activity this week:
So, I have 3 listings that have been sold
and are waiting on Inspection Responses and Appraisals. Always gut check time for sellers! Let’s hope they maintained their homes to
limit what the inspectors found and minimize any more out of pocket
expense. Then come in the appraisers! I’m sure they love coming in and potentially
killing deals. There needs to be more
accountability in that area of real estate.
After all, isn’t one of the best determinations of a home’s value, what
someone is will to pay for it? Imagine
if NFL owners had an appraiser look at their contracts for players. I’m sure the players would not be OK with
some unknown knocking down player salaries because they didn’t believe they
were worthy.
I have a closing tomorrow. This out of town client came in as a referral! Signed up new listing client this week, we
go live next Tuesday! Also meeting with
two other prospects for potential listings and purchases within the next 6-12
months…it’s never too early to start working next year’s sales!
Lastly, it seems that good, let along
great, inventory is way low. The good homes
are selling fast.
Rates for the week
From the IBJ... The average rate for 30-year mortgages fell from 3.92
percent to 3.91 percent for the week ended June 13, according to Bankrate.com.
The rate for 15-year mortgages rose from 3.16 percent to 3.17 percent.
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