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What a Difference a Point Makes (When Buying Your Cape Cod Home)

Rates

On the heels of the Federal Reserve’s most recent rate hike, which takes its key rate to the highest it has been since the housing crisis, it’s important to understand its likely impact on mortgage rates and on your buying power if you are in the market for a new home. But before panicking, be aware that mortgage interest rates won’t necessarily react immediately to this week’s news. The Fed controls the short-term rates which … Read more…

Buying a Cape Cod Home in a Seller’s Market

SellersMarket

If you receive our monthly newsletter, you already know we’ve been in somewhat of a Seller’s market for nearly a year now. But that doesn’t mean you still can’t get the perfect Cape Cod home at a fair price! Here are some tips to help guide you. Know the Market Be sure you are staying on top of the market, so that when the right home comes along, you’ll not only be one of the … Read more…

On Your Mark, Get Set, BUY!

ReadySetBuy

After months or maybe even YEARS of looking, there’s nothing more frustrating than missing out on the Cape Cod home of your dreams because you couldn’t act fast enough when the perfect home hit the market. Being ready means having all your ducks in a row so that you can make a solid offer immediately that stands a good chance of being accepted by the Seller. Here are some tips for making sure you are THAT … Read more…

The Anatomy of an Offer – Part 3

Offer_Contingencies

Part I of this 3-part series on Offers discussed the offer price, while part 2 discussed the numerous dates associated with the offer. This final piece discusses the various contingencies, if any, that are associated with your offer. So what is a contingency? Simply put, it’s a condition that must be met in order for you to agree to proceed with the purchase of the property. There are some standard contingencies that are frequently included … Read more…

The Anatomy of an Offer – Part 2

Calendar2

In Part 1 of this 3-part series, we discussed the most obviously important aspect of your offer – the PRICE! This month we’ll cover a less obvious but equally important topic – the DATES. When making an offer on your Cape Cod home, there are numerous dates that must be identified and all are important. Here’s a quick description of each. Expiration – This is the date and time at which the offer expires. The … Read more…