Friday, April 22, 2011

Frequent Questions on Home Purchases

In today's real estate market, several questions arise that may be holding you back from pursuing your dream of home ownership.

In the next several days, we will be listing questions and answers that hopefully will help you make the right decision.


Answer: "While price is the major concern for anyone selling a home, cost should be your primary concern as a buyer. That means you have to take into account what your monthly payment will be, considering not only the price of the home, but also the interest rate of your mortgage. Waiting for prices to bottom out while rates are increasing can wind up costing more over the life of the mortgage.

Fannie Mae, Freddie Mac, the National Association of REALTORS®, PMI, and the Mortgage Bankers Association are all projecting interest rates will increase over the next several quarters. It's best that you meet with your mortgage professional to help you determine what an interest rate increase will cost you based on the expected size of your loan. That will help you make a decision."

Source: REALTOR® Magazine, 3 Questions You Need To Help Your Buyers Answer, April/May 2011 Issue.

Monday, April 18, 2011

Advanced Realty named "Best Real Estate Office in Watauga County"

Advanced Realty was nominated BEST REAL ESTATE OFFICE IN WATAUGA COUNTY in the 2011 Best of the Best People's Choice Awards!

Two of our Brokers (Vivian Woodard and Nena Alsaker) were also named finalists for Best Agents in Watauga County.

THANK YOU FOR YOUR SUPPORT! Your support and confidence in our company is greatly appreciated!

Monday, April 11, 2011

Transfer Tax Option Repealed

The following link is an article from explaining the repeal of the transfer tax option.

For area listings and local information, visit: