Staging to Sell: Patio

Staging the patio area will help a home buyer visualize this space as an outdoor room for entertaining their family and friends. Think about adding dishware, candles, pillows, and plants as if you were having guests over yourself.

Staging to Sell: Poolside

Staging the patio area will help a home buyer visualize this space as an outdoor room for entertaining their family and friends. Think about adding dishware, candles, pillows, and plants as if you were having guests over yourself.

Pre-game tailgating for UVa vs Richmond. Tailgating and pre-game fun for Families in Charlottesville.

Moseby Mountain listing by Better Homoes and Gardens Rea Estate III (Loi Patkin)

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Staging to Sell: Kitchen Office

What you should think about when staging your breakfast room/home office. Removing the clutter and depersonalizing the area will help a buyer visualize the space as his/her own.

Mortgage rates beat tax-credit benefits – The Denver Post

Excellent article here by the Denver Post and it is true.  Now is an even better time to buy.  Interest rates, of course, are at a histoic low, but prices have also adjusted downward and the condition of homes coming on the market today is better.

Homebuyers today can potentially save several times more money in interest costs than buyers who took out a mortgage in early April and claimed an $8,000 homebuyer tax credit.

Yet buyers, who rushed to meet the April 30 deadline for the federal tax credits, appear much less eager to borrow at the lowest interest rates in 60 years.

Mortgage applications for home purchases are 42 percent below the pace seen in April, according to the Mortgage Bankers Association. Home resales dropped 27.2 percent in July from June, according to a report Tuesday from the National Association of Realtors.

Someone taking out a $240,000 mortgage today at a 4.42 percent interest rate could save $33,287 in interest costs over the life of a 30-year loan. That’s four times the $8,000 credit used by a first-time homebuyer who financed at 5.21 percent in early April.

via Mortgage rates beat tax-credit benefits – The Denver Post.

Staging to Sell: Living Room

The living room. The heart of the home. Rearranging, repurposing and decluttering your items is key to transforming the space to an inviting room. Determine the focal points of the room, such as a fireplace, and arrange the furniture around them.

Mortgage Rates: 30-Year Mortgage Rate Hits Another Record Low – CNBC

In Charlottesville, Virginia we are seeing a pick up in activity as buyers are paying attention to therse low rates and prices have come down as well.  Great time to buy!!

Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks as concerns grow that the economy is weakening.

Mortgage rates once again fell to their lowest level in decades this week.

Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed loan was 4.36 percent this week, down from 4.42 percent last week. That’s the lowest since Freddie Mac began tracking rates in 1971.

The average rate on 15-year fixed loan dropped to 3.86 percent from 3.90 percent the previous week. That’s the lowest on records starting in 1991.

Rates have fallen since spring as investors shifted money into the safety of Treasury bonds, lowering their yield. Mortgage rates tend to track those yields.

The low rates have fueled borrowers to refinance their home loans. Refinancing is at its highest level since May 2009 and made up 82.4 percent of all new loan activity.

via Mortgage Rates: 30-Year Mortgage Rate Hits Another Record Low – CNBC.