Robby Oakes Mortgage - Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC

5 Tips for Crafting a Counter-offer That Doesn’t Scare Away a Potential Home Buyer

May 3, 2017 by Robby Oakes

If you’ve recently put your home up for sale, one of the most exciting parts of the selling process is getting an offer. However, all is not said and done once you’ve received an offer, as you’ll probably want to negotiate a better price. If you’re wondering how you can counter without losing a potential buyer, here are some tips when the time comes to negotiate.

Honesty Is the Best Policy: Why You Need to Be Truthful on Your Mortgage Application

May 2, 2017 by Robby Oakes

There are few things better than finding your dream home and being able to afford it, but simply because you’ve found the perfect place doesn’t mean you should stretch the truth. It might seem tempting to polish your mortgage application a little in the hopes of making a better impression, but here are a few reasons why you should stick to the truth when signing off on your home.

What’s Ahead For Mortgage Rates This Week – May 1, 2017

May 1, 2017 by Robby Oakes

Last week’s economic news included readings on Case-Shiller Home Prices Indices, new and pending home sales. Weekly readings on new jobless claims and average mortgage rates were also released. Case-Shiller reported that home prices rose by 0.20 percent from January to February with a year-over- year growth rate of 5.80 percent.

Buying a ‘Micro’ Home? Be Sure to Consider These Major Lifestyle Changes First

April 28, 2017 by Robby Oakes

With the cost of a home on the rise and the concept of being sustainable becoming more popular, many people are considering moving to a smaller home to minimize their impact. It’s important, however, to consider what living small is really like before deciding that it’s the right move for you. If you’re curious about life on a smaller-scale, here are some things to contemplate beforehand.

Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

April 27, 2017 by Robby Oakes

According to the Case-Shiller National Home Price Index, February home prices grew at their fastest pace in three years. While home prices have steadily grown in recent months, growth rates slowed in many areas month-to-month; the escalation of home prices from January to February indicates stronger housing markets. National home prices increased by 0.20 percent in February to a seasonally-adjusted annual rate of 5.80 percent appreciation.

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