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Real Estate Tips
Pricing >Listing and Selling Price

When calculating what you can afford in a house, don't just look at the list price. The amount you pay for a house is important when you consider your ability to re-sell the house. Today's mortgage options are increasing the possibilities for home buyers, so you should also take a close look at what it will cost you to live in the house.

Your monthly housing cost is the second figure to consider, and that cost is largely determined by current interest rates. Today's real estate market is very price-driven. Homes which are in the best condition and have the most attractive price tags are the ones that sell.

Diverse financing options and competition among lenders are giving many buyers the opportunity to buy a more expensive house or condo than they thought they could afford--and sooner. There are many creative ways to get into a home with a relatively small amount of money. Ask your real estate agent to help you look at today's numbers--you may be pleasantly surprised.

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Real Estate Trivia
Q 
What is the world's longest frontier?

A 
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Jim Wolfe, REALTOR®, real estate agent and broker for Northville, Novi and Canton, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim Wolfe
Coldwell Banker Weir Manuel

41860 Six Mile Road
Northville, MI 48168
Office: (248) 347-3050
Direct: (248) 675-1242
Cell: (248) 705-0508
Fax: (248) 347-67914
JimWolfe@NUMBER1EXPERT.com

I am happy to help you with all of your real estate needs. Please feel free to contact me if you have a home to sell, if you are looking for a home, or if you have any questions regarding today's real estate market.

ABR ePro MLS REALTOR RELO


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