Fees You May NOT Have Prepared For…

Happy February Sunshine!

Today, and lately actually, we have been working with a lot of sellers and buyers that don’t know about certain fees/costs that are involved in the home buying process. Particularly, closing fees, title fees, inspections both government and home, etc. We found a FANTASTIC article written by houselogic.com discussing a lot of these “unknowns” that many people, especially first time home buyers, may not know about.

Check it out here: Unknown fees for a Buyer

To recap a lot of it here, a buyer has many fees when it comes to buying a home ON TOP of the actual purchase price. These costs can include an appraisal ordered by the lender, lender fees, title company and search fees that help provide clear title, possible survey fee if you want to know where your property ends and begins, home inspection fees including radon, sewer, pest & overall home, etc. ALL THINGS TO THINK ABOUT before you take the plunge into the home buying process :). We hope this helps brighten your day just a bit and gives you just a little more insight into the home purchase process and what to plan ahead for!

Have a Sunshine Day everyone! And remember, if you need help in selling, buying or both, we are here for you! Give us a call today at 636-336-1330 and ask for Ashley to get your simplified process started :). Everyone needs a little help every once in a while 😉

-The Sunshine Team

Ashley, Evelyn & Dana

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Repairs to make before listing your home

Hey Sunshine!

Today, I saw a really great article on houselogic.com about repairs to make before selling your home. Here is the link…has some great info in there including fixing outdated grout, damaged yard, pet damage, floor damage and water stain damage!

Houselogic article: repairs to make before selling your home

Those are all fantastic recommendations…especially the info on water stains. Those scare buyers! Fix them, especially if what caused them are already taken care of! Easy and SO SO worth it!

Here are a few other things we recommend sellers do before listing their home:

*Paint over dark colors with neutral tones to brighten your space.

*Service your AC/Heater if you haven’t done so in over a year.

*Clean and stretch any carpeting that looks outdated to give it a new look!

*Paint/repair baseboards/doors

These recommendations plus the other great ideas in the houselogic.com article are great starters to getting your home ready to list and meet with a listing agent! Call us today for a free consult to learn about these and MUCH MORE!

Happy Monday!

The Sunshine Team

Ashley, Evelyn & Dana

 

 

 

FYI…Rates ARE still and WILL PROBABLY still increase.

Hello Sunshine!

Here are the recent rates for all loans, etc. We’d like to share that though rates were at about 3.5% a little more than a year+ ago, they will KEEP increasing! We have had several buyers lately that are scared of this rate (and that was at 4.875%). Our best intel is that though recent buyers are use to 3-4% interest rates, 5 years ago 8% was normal. Our best advise, 5% is the best you’re going to get in the nearest future. The interest rate was at 3-3.5% for so long that the rate is bound to rise and keep going. Take it while you can! Here are the current rates!

 

Conventional 30 year fixed                            4.999%           0 pts

Conventional 30 year fixed 3% Down           4.875%           0 pts

Conventional 20 year fixed                            4.750%           0 pts

Conventional 15 year fixed                            4.500%           0 pts

Conventional 5 year ARM                            4.625%           0 pts

FHA/USDA/VA 30 year fixed                      4.999%           0 pts

Inspections=Negotiation Process #2!

Good morning Sunshine and Happy Monday!

It’s a Friday for us, so we just wanted to wrap up something we’ve come across lately with our sellers/buyers. INSPECTIONS! Anytime I put a buyer under contract on their new dream home, I always, ALWAYS warn them not to get TOO excited until inspection is performed and the inspection notice is signed, sealed & delivered!

So many people don’t understand how crucial the inspection process is. Luckily, one of our favorite inspectors, Zac Lavoi (owner of Greystone Inspection Services), is phenomenal at performing the process & drafting a comprehensible report easy for buyers and sellers to read! Many things can fall apart at inspections that can kill a deal. For example, hidden moisture in walls, foundation issues, roof issues where insurance was claimed but the roof was never replaced, AND SO MUCH MORE!

We recommend doing your research on any inspection company before you hire them. They will be the people that help find ANY and ALL issues with the home you are about to move into. Lord knows you don’t want any surprises AFTER the fact! So this fun meme is for that time Realtors have waiting for that report to come in! LOL! Have a Sunshine week everyone! We hope this helps make it a little brighter!

The Sunshine Team

Ashley, Evelyn & Dana

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FHA Approved Condominiums in STL County!

Did you know that not ALL condominiums support an FHA loan? Here is the current FHA approved condo list for St. Louis County

5330-5360 Pershing Condos

Arbor Creek

Arrowhead

Ashton Place

Autumn Lakes

Barrington Downs

Bexley Station

Blu

Brentwood Forest

Bridgewater Cove

Burtonwood Manor

Cameo

Carriage Parc

Carroll Wood

Cliffridge

Coachlight Townhomes

Conway Meadows

Country Stone Manor

Creve Coeur Crossing

Creve Coeur Station

Crown Loft

Cypress Station

Debaliviere Place West Phase 1

Executive House

Foster Springs

Genesee Park

Geyer Place

Greenbriar

Hanna Place

Hickory Sound

Highlands @ Hickory Sound

Kiefer Creek

Kirkwood Place

Lucerne

McKnight Crossing at Tilles

Mill Crossing

Moreale

New England Village

Parc Lorraine

Parkside

Pershing Avenue

Queen Anne

Railway Lofts

Ridgeview Place

River Oaks

Rossridge

Royal Arms

San Luis

Senate Place

Spring Creek

Spring Hill Farm-D002315 001 142 RESIDENTIAL UNITS

Summer Tree Village

Summit Lofts

The Knickerbocker Condos

The Randolph Condos

Timber Hills Garden Condo

Town Square

Treetop

Trianon at Southwoods

Twin Willows

Union Garden

Victoria Crossing

The Villas at Kenrick

Westport Crossing

Woodland Crossing

Woodside Trails

We hope this is helpful for you in your future buying and selling needs. And Remember, we are ALWAYS here for you when you are ready :). Have a great rest of your week St. Louis!

-The Sunshine Team

Another Record Year!

Good evening Sunshine 🙂
2016 was another new record year for Sunshine Realty! We continue to see tremendous growth. We have YOU to thank for it for your past, present and FUTURE business! Thanks for the love everyone :). Have a Sunshine year!! Happy 2017 and cheers to continued growth and opportunity!
Total sold: $47,314,874
Total units sold: 203
Listings: 206 Total
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Thank you, Thank you, Thank you!
-The Sunshine Team