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 ūüėČ

-The Sunshine Team

Ashley, Evelyn & Dana

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Rates are Bumping UP!

Good afternoon Sunshiners!

Here’s a look at the bump in rates since the beginning of the year. Thanks to our friend, Rick Whisman, for the rates and continuous follow up! Rates are slowly rising, give us a call TODAY to see how we can help you. Don’t forget to mention you heard about us on the blog or Facebook and ask for Ashley :). Have a Sunshine day!

THIS WEEK:

Conventional 30 year fixed                            4.250%           0 pts

Conventional 30 year fixed 3% Down           4.375%           0 pts

Conventional 20 year fixed                            4.125%           0 pts

Conventional 15 year fixed                            3.750%           0 pts

Conventional 7 year ARM                            3.875%           0 pts

FHA/USDA/VA 30 year fixed                      4.375%           0 pts

LAST WEEK:

Conventional 30 year fixed                            4.125%           0 pts

Conventional 30 year fixed 3% Down           4.250%           0 pts

Conventional 20 year fixed                            4.000%           0 pts

Conventional 15 year fixed                            3.750%           0 pts

Conventional 7 year ARM                            3.875%           0 pts

FHA/USDA/VA 30 year fixed                      4.250%           0 pts

 WEEK OF 1/9/18:

Conventional 30 year fixed                            3.875%           0 pts

Conventional 30 year fixed 3% Down           4.000%           0 pts

Conventional 20 year fixed                            3.625%           0 pts

Conventional 15 year fixed                            3.375%           0 pts

Conventional 5 year ARM                            3.375%           0 pts

Conventional 10 Year Arm                           3.625%           0 pts

FHA/USDA/VA 30 year fixed                      3.875%           0 pts

 

Real Estate & Law

Good morning and Happy Monday!

We are HUGE morning people, so we are ready to roll with the posts! We hope you are too ;). As some of you may know, real estate requires a LOT of law and legal jargon that us salespeople and brokers SHOULD be aware of! Trust me, after just passing the brokers courses and finals myself, there’s some stuff in there that I’m sure most people not in our field are unaware of. So to help everyone out a bit, I found this awesome informative Pinterest post on what sellers should consider legal wise. Hope this helps brighten your day and expand your knowledge in the wonderful world of real estate!

Have a Sunshine Day everyone!

-The Sunshine Team

Ashley, Evelyn & Dana

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Thinking About FSBO? DON’T!

Are you thinking about going For Sale By Owner rather than listing with an Agent? DON’T do it! Especially when you can take advantage of a brokerage like ours! We offer much more guidance & closure for the same of less price! The fees that you will pay for fees, online services, advertising, legal fees, etc. would cost you more than what it would be to take advantage of us as PROFESSIONALS who can help you with the sale of your home. Check out the chart below for more information. Give us a call today to set up your complimentary consult to see how we can help YOU further!

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15 yr VS 30 yr loan

Good morning Sunshiners!

We’ve had several clients lately ask about the difference between a 15 yr loan versus a 30 yr loan. While we are not experts in this area (want even more info? Contact your loyal lender), we found this chart a perfect tool to help explain the main differences! Pretty interesting to think about! See below :). Have a Sunshine day everyone!

Always admiring,

Sunshine Team: Ashley, Evelyn & Dana

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Keep your home clean & your mind at ease!

Good morning St. Louis!

Did you know that a poorly maintained home can cause up to a $20,000 decrease in value and selling price on said home? It is VERY important to make sure you keep your home fresh and in shape in order to sell your home at top dollar value. Some even say that you should keep a separate maintenance fund for your home ranging from 1%-3% of homes value. Here are a few tips of how to maintain your home that may sound obvious, but many people do not know or think of:

A. Caulk around windows, tubs, doors & sinks to make sure there is no air or water leaking through as necessary.

B. If listing, freshly paint and touch up around your home to help it appear clean and new.

C. Wipe down any baseboards and crown molding as necessary as that is an area that can layer up dust which will make your home appear dirty. Nobody wants that!

D. Replace HVAC filters as needed, usually once a month.

E. Wipe down cabinets, appliances & doors. This is an area common for gathering dirty fingerprints and spots. Simply cleaning these areas at least once a week will help your home stay clean!

F. Update or add kitchen hardware and/or backsplash. These cheaper fixes and add ons can add value to your home by making one of the most important rooms more appealing to the eye.

G. Power wash the exterior of your home. This is the first things buyers see when they pull up to your home. Don’t let them cringe at the first appearance! Power washing once or twice a year will keep your exterior fresh and appealing!

These are just a FEW tips to help you maintain the appearance of your home. They are simple fixes and just need to be done a few times a year. Make time to sell your home for more! Don’t wait until it’s time to list. These simple twice a year projects will save you a HUGE headache one you list rather than procrastinating until that time. We hope this helps brighten your day just a little bit more today :). Have a good one!

-The Sunshine Team : Ashley, Evelyn & Dana