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Category: For Sellers

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Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?

Written by Key Largo Mortgage Syndicated User on . Posted in For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates.

Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are right now? Here’s some perspective that can help. The market actually isn’t at a standstill. While there weren’t as many sales last year as there’d be in a normal market, roughly 4.15 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise in 2025. That means more people will likely move this year, and they need homes to buy. Homes like yours. But even if we only match last year’s...

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Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Foreclosures, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Let’s face it – life can throw some curveballs. Whether it’s a job loss, unexpected bills, or a natural disaster, financial struggles can happen to anyone. But here’s the good news. If you’re a homeowner feeling the squeeze, there’s a lifeline that many people don’t realize is still available: mortgage forbearance. What Is Mortgage Forbearance? As Bankrate explains: “Mortgage forbearance is an option that allows borrowers to pause or lower their mortgage payments while dealing with a short-term crisis, such as a job loss, illness or other financial setback . . . When you can’t afford to pay...

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Expert Forecasts for the 2025 Housing Market

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Forecasts, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates, Mortgage Rates.

Wondering what’s in store for the housing market this year? And more specifically, what it all means for you if you plan to buy or sell a home? The best way to get that information is to lean on the pros. Experts are constantly updating and revising their forecasts, so here’s the latest on two of the biggest factors expected to shape the year ahead: mortgage rates and home prices. Will Mortgage Rates Come Down? Everyone’s keeping an eye on mortgage rates and waiting for them to come down. So, the question is really: how far and how fast? The good news is they’re projected to ease a bit in 2025....

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Home Staging FAQ: What You Need To Know

Written by Key Largo Mortgage Syndicated User on . Posted in For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort? Here are a few quick FAQs that can help you decide how much you should prioritize staging as you prep for your move. What Is Home Staging? Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers. It can range from simple touch-ups to more extensive setups, depending on your needs and budget. How Does It Help Me Sell My...

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How Eco-Friendly Features Can Boost Your Home’s Value

Written by Key Largo Mortgage Syndicated User on . Posted in For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Selling your house? Or just looking to increase the value and appeal of your home for when you do? Here’s something you should know – homebuyers are increasingly looking for homes with environmentally friendly features. What Energy Efficient Features Do Buyers Want? According to recent data from the National Association of Realtors (NAR), when buyers think about eco-friendly features, they’re looking for (see visual below): Heating and cooling costs: 82% of buyers consider heating and cooling costs to be one of the most important factors when looking for a home. And efficient heating and...

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Why More Sellers Are Hiring a Real Estate Agent

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Infographics, Key Largo Mortgage, Key Largo Mortgage Rates.

Some Highlights More homeowners are realizing they need an agent’s help in this complex market – and that’s why a record-low number of people are selling without a pro by their side. Without an agent’s help, tackling pricing, staging and repairs, paperwork, negotiation, and more can be a real headache. Selling without a pro isn’t worth the hassle. Connect with an agent to see if you’d work well together.

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The #1 Reason People Move: To Be Closer to Family and Friends

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates.

Have you ever thought about packing up and moving to be closer to the people who mean the most to you? Maybe you’re tired of long drives to see your family or wish your kids could spend more time with their grandparents. Clearly, a lot of other people feel the same way. According to recent data from the National Association of Realtors (NAR), the desire to be near family and friends is the #1 reason people move (see graph below): That’s because moving isn’t just about finding a new house – it’s about living a life where you’re surrounded by the people who matter most. Whether it’s catching...

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How Home Equity May Help You Buy Your Next Home in Cash

Written by Key Largo Mortgage Syndicated User on . Posted in Equity, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it. Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?” Home Equity: What Is It? Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is valued at $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000. Why Equity...

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Struggling To Sell Your House? Read This.

Written by Key Largo Mortgage Syndicated User on . Posted in For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch. But what many people don’t realize is that even in today’s market where there are more buyers than homes for sale, there are still things that can cause delays or even keep a house from selling. According to Zillow, in 2024, as many as 1 in 3 sellers took their home off the market before it ultimately sold. And while the reasons those houses didn’t sell are going to vary, there are some general themes that come through....

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Only an Expert Agent Can Give You an Accurate Value of Your Home

Written by Key Largo Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home. Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to understand why these tools generally aren’t spot-on and why working with an expert real estate agent is the best way to get an accurate picture of what your house is really worth. The Myth: Online Home Value...

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