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How to Bridge the Appraisal Gap in Today’s Real Estate Market- Todd Mowry Your Local Orlando Area Realtor

Many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less. For the buyer, that could require a financial leap of faith that the home is a solid investment. It also means they may need to come up with additional cash at closing to cover the gap.

8 Strategies You Must Know to Secure a Lower Mortgage Rate- Todd Mowry Your Local Orlando Area Realtor

How does a lower mortgage rate save you money? According to Trading Economics, the average new mortgage size in the United States is currently around $410,000.2 Let’s compare a 5.0% versus a 6.0% fixed-interest rate on that amount over a 30-year term.

10 Important Things Everyone Must Know to Pass a Home Inspection- Todd Mowry Your Local Orlando Area Realtor

Hungry homebuyers will want to know the ins and outs of your home before buying it. As a seller you should be looking for these things before you even put your home on the market. “Industry experts argue that when it comes to home inspections, many owners go through a minimum amount of 33 physicalContinue reading “10 Important Things Everyone Must Know to Pass a Home Inspection- Todd Mowry Your Local Orlando Area Realtor”

5 Ways to Write a Winning Offer in Today’s Real Estate Market – Todd Mowry Your Local Orlando Realtor

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.

Fortunately, if you’re a buyer struggling to find a home, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.