Wednesday, December 21, 2016

How Kevin moved Up to Bigger House and saved $12,000

How Kevin moved Up to Bigger House and saved $12,000

Buying a first house is always exciting and less stress in terms of moving, because many times the buyer is either moving from an apartment or from parent’s house with just a few possession, but selling a first house, and buying another one at the same time is quite different as it takes a lot of coordination and effort to make this happen especially if the funds from the first house is needed to purchase the new house. This is where we come in, to make it less stressful, to make sure the current house is sold on time, buy the new one, make the move go smoothly all the while saving you money and avoiding carrying two mortgages.  
As the case with Kevin that saved over $12,000 while selling the current house and get into a bigger house paying just about $400 more than the current payment but getting a newer house and lots of space.  How could this be? Well the interest rate is lower than what it was when Kevin bought his first house. The interest rate he had was over 5% while the new rate for the bigger house is just 3.15% that equals just $400 more than the current mortgage, but the house is over 1900 square feet bigger than the first house.
 Additionally,  because we are in a tight seller’s market for many entry level homes, we sold his house without giving up any closing cost to the buyer, but we are able to negotiate with  the seller of the new house to pay $12,000 in closing cost- This  is sweet!!!! That’s how we work for our clients and we’ve helped about 20 families this year moving up to a bigger house at the same time sell their current house.
Our goal is always to provide exceptional service while minimizing stress of selling, buying and moving.
This was Kevin’s first house that was sold for $280,000, we got contract for the house in just 10 days for full price and no closing cost. 


  

First House Details
Monthly Payment: $2300.00
Bedrooms: 4 Bedroom
Bath 2.5
Closing Cost to Buyer: $0

Size:1198 Square Ft
Sold October 10th 2016









New House Details
Price: $489,000
Bedrooms 5
Bath 2.5

Closing Cost  From  Seller: $12247.50

Monthly Payment: $2767.00

Size: 3232 Square Ft

Bought October 28th 2016


Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website. www.metrohomesrealty.com

Ready To Move Up?
Free Report How to Increase Your Home Value
Mortgage & Refinance
Keji Ogunleye
Associate Broker
Fairfax Realty,Inc
301-613-2043
Licensed In: MD, DC,VA
License #: 585497
Contact Me

You Can Also Visit Us At:      

Tuesday, December 20, 2016

We are Spreading the Joy

We are Spreading the Joy
Last week we spread the joy once again by helping another renter become a home owner. Our new home owner have been renting for over 8 years and decided early this year to start building wealth by becoming a homeowner. In January when we started the journey, the credit was less than perfect, not enough cash at hand, but with a solid plan and our commitment to home ownership the goal was achieved in December 8th 2016.
We are all paying mortgage either via rent which is building equity wealth for your landlord or paying your mortgage which is building equity and wealth for your family. Which one will you rather be doing? Our latest home owner was paying $1800 monthly for rent, but now paying $1828 mortgage, however the taxes and interest paid as part of the mortgage will be tax deductible - another benefit of home ownership, so once we deduct the taxes and interest, the payment is actually $1234.00.  The details of the sale is below.
Are you ready to take the leap from renting to building wealth for you and your family? Let us show you how we’ve helped over 30 families thisyear to make this a realty.













Breakdown
Contract Price: $297,000
Down Payment: $10,395.00
Seller Closing Cost Credit: $8910
Interest Rate: 3.10%
Monthly Mortgage Payment: $1828.00
Our latest home owner used FHA home loan mortgage to purchase this townhouse, but there are other loans available depending on each person’s credit situation. We also have new program coming up for first time buyer providing grants and down payment assistance. We can show you what youcan qualify for – Contact us for more information. Make 2017 the year you start building wealth for you and your family!!!-

Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website. www.metrohomesrealty.com

Get More Information
Free Report How to Increase Your Home Value
Mortgage & Refinance
Keji Ogunleye
Associate Broker
Fairfax Realty,Inc
301-613-2043
Licensed In: MD, DC,VA
License #: 585497
Contact Me

You Can Also Visit Us At:      

Monday, December 5, 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for OCTOBER 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for 
OCTOBER 2016

Bowie Zip code 20720MD Homes for Sale has seen   steady price improvement    month to month as well as year to year as inventory levels    remain consistent with season.

Homes Recently Sold in Bowie zip code 20720 October 2016



Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on Homes for Sale and Sold in Bowie







Bowie zip code 20720  Homes Inventory For October 2016: The total number of homes sold for October  2016 is 28 an increase of 2.3% from last year with an average time of  44 days in the market and increase in value of  16.7%. The Median home price for October 2016 is  $403,332 an increase of 16.7% from same time last year.


Homes Sales by Neighborhood in Bowie Zip Code 20720




Fairwood-Phase 2 Plat 10, Bowie, MD:  The median home price for October 2016 is  $405,000 a decrease  of  11% from same time last year.


The following neighborhoods in Bowie zip code 20720 did not any home sold in October 2016 just like last year 2015.







If you are thinking of putting your house on the market  for sale in Bowie . I will like to share with you additional pointers to get to SOLD Fast. Get personalized Home Value Estimator Here.






Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in Bowie, Upper Marlboro, Fort Washington and other parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com