John Watts's (zwatts1) Blog

Currently mortgage rates are in the 7% rate range.  Buyers are feeling a financial squeeze and need to find a solution so they can purchase a home. Many are predicting mortgage rates will begin to fall soon and some home buyers have adjusted to current interest rates and home prices. Still many c...

Your house is on the market and there is a shortage of housing.  As a seller, when this happens it appears that you are on the winning side and should receive multiple offers.  At the same time, you should watch for red flags that may be present when a buyer makes an offer.  Many times, sellers t...

Currently homes are not selling fast as we have experienced in the past, but homes that are priced right are selling.  Many of these homes are selling quickly and some are receiving multiple offers with a few selling above-listing price.  Your listing agent is the person who can give advice on wh...

Todays’ homeowners want energy efficient homes to save money, enjoy ease of use, and security it offers.  Now homeowners are finding themselves embedded in the digital age and how technology reshapes actions within our homes.  Homeowners are seeing efficiency and green living trend upward and sma...

Recent bank failures should be a wakeup call to all homeowners and people who have deposits in their bank that are above $250,000.  The Federal Deposit Insurance Corporation (FDIC) does not insure amounts that are above this amount.  Homeowners must maintain all their assets which includes mainte...

One important step that should be included when purchasing a new home is to request an inspection be done on the property.  This should be scheduled no later than immediately after a contract has been accepted by both the buyer and seller.  Normally, the contract allows a short period of time whe...

Before committing to a home mortgage be sure to calculate how much mortgage you can safely fit into your budget.  Homeownership should make you feel secure and safe.  This means not taking the largest mortgage that your lender will permit.  As a buyer, look ahead to anticipate life event desires ...

When you decide to do a home improvement many times you ask yourself whether I should do it yourself (DIY) or hire a pro.  Doing it yourself usually brings a sense of self-accomplishment and saves money.  Sometimes it is wise to have a professional contractor handle the job especially when it is ...

Most people are concerned about their credit score. Some of these people have credit scores that need to be improved while others have used good practices and have great credit scores.  Having a great credit score does not occur overnight, it takes long term financial practices to get yourself to...

Many home buyers are not aware of all fees charged that makeup the total cost of purchasing a home.  Some of these fees are normally paid prior to closing while others are paid at closing.  Fees paid at closing will be itemize on your closing statement which you should receive a copy to review pr...