Loudoun County Real Estate Podcast with The Wicker Homes Group Tad Wicker

We are in a seller’s market right now, which means your offer might not be the only one made on your dream home. Luckily, there are some things you can do to ensure your offer beats the rest. Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale If you’re looking to buy a home in the current market, you should be prepared to face a multiple offer situation. Today I’ll give you some great tips on how to make sure your offer is the one accepted and you end up in your dream home. Getting an offer accepted isn’t always about the price of the house. There are other factors that go into winning a multiple offer situation. First, you need to consider the seller’s time frame. Find out what their ideal time is to move out of the home and craft that into your offer along with the price. The more you play into the seller’s needs, the better off you will be. There are factors besides price that go into winning a multiple offer situation. The listing agent is also going to want to know that they are working with a seasoned agent who has a good reputation and a great lender who can get things done on time. Make sure you choose people who are well known and respected to represent you. If you have any questions, please feel free to give me a call or send me an email. I’m always happy to help.

How will the 2017 marketplace impact homebuyers? Interest rate increases are bound to happen, which will directly impact your ability to purchase a home. Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale What is happening out there in the marketplace and how does it relate to you as a homebuyer? Right now, the Fed is committed to raising interest rates in 2017. Rates will go up anywhere from 0.5% to 0.75%. We can no longer keep interest rates at the historic lows that we’ve seen the last couple of years. Did you know that for every 0.25% increase in interest rates, buyers lose $25,000 of buying power? That’s a lot of money. So, if rates go up by either 0.5% or 0.75% this year, that could affect your buying power by $50,000 to $75,000 in terms of the total mortgage amount. Interest rate increases negatively affect your home buying power. What does that mean for you? Ultimately, it could mean the difference between buying a single-family home and buying a townhouse. Interest rate increases can negatively impact your ability to buy a home. So, if you are a buyer in today’s market, what are you waiting for? Now is the time to make a move so that you can take advantage of these historically low interest rates. I don’t believe that we will ever see these kinds of rates again in our lifetimes. If you have any other questions about buying a home or about real estate in general, give us a call or send us an email. We would be happy to help you!

Due to rising interest rates and a depletion of inventory, now is the perfect time to put your home on the market. Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale We’ve been experiencing historically low interests rates, but that’s going to change moving forward in 2017. The Federal Reserve has already announced that they will raise interest rates this year by 0.5% to 0.75%. For every quarter of a percent rise in interest rates, that decreases a buyer’s ability to buy a mortgage by $25,000. This means we could see buyers losing purchasing power by $50,000 to $75,000 in the upcoming year.   For you as a seller, this means that as the year progresses and interest rates rise, you’ll find buyers who have less ability to buy. For some people, it will make the difference between being able to afford a single-family home versus a townhouse. It’s an ideal time to sell your home. If you’ve had any thoughts of selling, 2017 is the year to do it, and you should put your home on the market as soon as possible. Buyers want to take advantage of these interest rates, and because we’re also experiencing a depletion of inventory, they don’t have much to choose from. That means there’s a significant chance that your home will generate multiple offers, which almost always translates into more money in your pocket. If you’re interested in putting your home on the market or have any other questions, please don’t hesitate to give me a call. My team and I would be happy to help!

Happy New Year from the Wicker Homes Group! We hope 2017 is your best year yet. Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale As we begin 2017, we wanted to take a moment to thank you for your business and your support in 2016.  As you know, we are passionate about serving clients at the highest possible level and helping them buy and sell homes. Wonderful clients and friends, like you, make it all possible. We wish you a new year filled with great opportunities, new adventures, happiness and love. May 2017 be your best year ever!  From all of us at the Wicker Homes Group. Debbie, Tad, Sara, Jen, Mike, Alexandra, Marie, Dylan, Julie & Allyson P.S. If you haven’t seen our new website yet, check it out! And feel free to share it with your friends.

Although real estate is local, we can help you find a top agent anywhere in the United States. We also have some wonderful, reputable lenders who can help you get financing nationwide. Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale If you know anyone in need of great real estate service anywhere in the country, we can help. We have great real estate contacts all over the country. As a matter of fact, we make it a specific mission to travel on business several times a year to network with top agents in the U.S. No matter where you are, there is a very good chance that we personally know someone who serves that area with the same top-level service that we do here in Virginia. Just recently, a friend of mine who lives in another state had to move. She didn’t call me ahead of time before she started her housing search in a major metropolitan U.S. area. I checked in with her over the summer to say hello, and she confessed that she was having a miserable real estate experience. Before you make a move, reach out to us to find a top agent! Not only that, she was experiencing loan problems that never should have happened. Please make sure you contact us for recommendations before making a move. Some of our lenders service other areas of the country as well, and can help you with loans anywhere. We can put you in touch with very trusted resources to ensure that you have a smooth ride on the lending side as well. I just wanted to let you know that we can help you connect the dots for terrific real estate service anywhere in the United States. If you have any questions or need to contact an out-of-state agent, give us a call or send us an email. We would be happy to help you!

Does your agent have the right tools to keep you in the loop during a real estate transaction? We do, and we’re excited to share one of our brand-new tools today.  Want to sell your Loudoun County Home? Get a free home value report Want to buy a Loudoun County Home? Search all homes for sale Does your agent have cool tools to keep you in touch with your home sale every step of the way? We wanted to give you a little information today about one of the tools we have in our toolbox right now. We are implementing a program that will provide sellers with a weekly report letting them know exactly what we have done to get their home sold. "We keep our sellers in the loop at every stage." Once we go under contract, we keep our sellers in the loop every stage of the way from contract negotiations to settlement details. We don't want to leave anything to chance and we want our clients to be informed every step of the way. If you have any questions for us, don’t hesitate to give us a call or send us an email. After 29 years in the business, we have a lot of experience that we are excited to share with you. We look forward to hearing from you soon.