Posts made by author 'Sharon McElwee'
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March
16
16
Home Equity: You May Have More Than You Think
CoreLogic released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of allmortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported:
"For much of the country, the negative equity epidemic is lifting. The biggest reason for this improvement has been the relentless rise in home prices over the past three years which reflects inc...
March
2
2
How to Get the Most Money from the Sale of Your House
Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible.
1. Price it a LITTLE LOW
This may seem counterintuitive. However, let's look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house. (see chart)
February
17
17
Equity Matters A LOT, Just Ask Freddie Mac
There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained:
"In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home's appreciation. In a nutshell, your money is working for you and contributing toward your financial future."
They went on to show an example wher...
February
11
11
Montague Miller Earns Website Quality Certification
Montague Miller & Co Realtors has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®, a global community of more than 500 high quality independent real estate firms.
Leading Real Estate Companies of the World® (LeadingRE) presents the certification in
Leading Real Estate Companies of the World® (LeadingRE) presents the certification in
recognition of excellence in website design and function.
Montague Miller's website, www.montaguemiller.com, earned the certification after receiving high marks in a number of critical areas relating to website performance, including usability, design and content, interactivity, customer service and mobile responsiveness. The evaluation was conducted by Virtual Results, LLC, a real estate internet and social marketing firm selected by LeadingRE to review the websites of participating members.
Available only to firms affiliated with LeadingRE, the WQC is awarded based on specific measurements that are updated each year based on the latest i...