Monday, December 5, 2011

New Hope for Underwater Homeowners

Freddie Mac and Fannie Mae have adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes.  Below are a few of the key points:

  • Refi Plus and DU Refi Plus mortgage loans have been extended to December 31, 2013, provided the note date is on or before
  • No maximum LTV for fixed-rate mortgages with terms up to 30 years
  • No mortgage delinquencies on the existing mortgage in the most recent six month period, and no more than one 30-day delinquency in months 7-12
  • Borrowers that have previously received HARP loans are ineligible to refinance under this program.
  • Eligible for those whose loans were purchased by FNMA/FHLMC prior to May 31, 2009.

You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites:



For more information about this and other financial programs, please contact my lender partner, Nathan Nelson by clicking HERE.

Wednesday, September 21, 2011

The 10 Best Kept Secrets for Selling Your Home

I recently came across this terrific article from HGTV with the 10 best kept secrets for selling your home.  I hope you enjoy!  Click here to see the original article.

Selling Secret #10: Pricing it right
Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market.
 
Selling Secret #9: Half-empty closets
Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy.
 
Selling Secret #8: Light it up
Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do what you have to do make your house bright and cheery – it will make it more sellable.
 
Selling Secret #7: Play the agent field
A secret sale killer is hiring the wrong broker. Make sure you have a broker who is totally informed. They must constantly monitor the multiple listing service (MLS), know what properties are going on the market and know the comps in your neighborhood. Find a broker who embraces technology – a tech-savvy one has many tools to get your house sold.
 
Selling Secret #6: Conceal the critters
You might think a cuddly dog would warm the hearts of potential buyers, but you’d be wrong. Not everybody is a dog- or cat-lover. Buyers don’t want to walk in your home and see a bowl full of dog food, smell the kitty litter box or have tufts of pet hair stuck to their clothes. It will give buyers the impression that your house is not clean. If you’re planning an open house, send the critters to a pet hotel for the day.

Selling Secret #5: Don’t over-upgrade
Quick fixes before selling always pay off. Mammoth makeovers, not so much. You probably won’t get your money back if you do a huge improvement project before you put your house on the market. Instead, do updates that will pay off and get you top dollar. Get a new fresh coat of paint on the walls. Clean the curtains or go buy some inexpensive new ones. Replace door handles, cabinet hardware, make sure closet doors are on track, fix leaky faucets and clean the grout.
 
Selling Secret #4: Take the home out of your house
One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia collections and personal keepsakes. Consider hiring a home stager to maximize the full potential of your home. Staging simply means arranging your furniture to best showcase the floor plan and maximize the use of space.
 
Selling Secret #3: The kitchen comes first
You’re not actually selling your house, you’re selling your kitchen – that’s how important it is. The benefits of remodeling your kitchen are endless, and the best part of it is that you’ll probably get 85% of your money back. It may be a few thousand dollars to replace countertops where a buyer may knock $10,000 off the asking price if your kitchen looks dated. The fastest, most inexpensive kitchen updates include painting and new cabinet hardware. Use a neutral-color paint so you can present buyers with a blank canvas where they can start envisioning their own style. If you have a little money to spend, buy one fancy stainless steel appliance. Why one? Because when people see one high-end appliance they think all the rest are expensive too and it updates the kitchen.
 
Selling Secret #2: Always be ready to show
Your house needs to be "show-ready" at all times – you never know when your buyer is going to walk through the door. You have to be available whenever they want to come see the place and it has to be in tip-top shape. Don’t leave dishes in the sink, keep the dishwasher cleaned out, the bathrooms sparkling and make sure there are no dust bunnies in the corners. It’s a little inconvenient, but it will get your house sold.
 
Selling Secret #1: The first impression is the only impression
No matter how good the interior of your home looks, buyers have already judged your home before they walk through the door. You never have a second chance to make a first impression. It’s important to make people feel warm, welcome and safe as they approach the house. Spruce up your home’s exterior with inexpensive shrubs and brightly colored flowers. You can typically get a 100-percent return on the money you put into your home’s curb appeal. Entryways are also important. You use it as a utility space for your coat and keys. But, when you’re selling, make it welcoming by putting in a small bench, a vase of fresh-cut flowers or even some cookies.

Tuesday, September 6, 2011

Find Downtown Brentwood on Facebook!

The Brentwood Downtown Revitalization Project is in its FINAL stages!  It looks amazing!  We have all new trees, new sidewalks, a new sign...and much more! 

Be sure to add Downtown Brentwood to your Facebook friends/pages list!  Here is the link:

http://www.facebook.com/#!/DowntownBrentwood

Be sure to come on down and see what amazing changes have taken place!  And spend some time while you are here...Downtown Brentwood has SO much to offer!

Thursday, June 30, 2011

Brentwood Farmer's Market Returns Home!

The Brentwood Farmer's Market is returning to its original location of Oak and First Streets this Saturday, July 2nd, from 8 am to noon.  Come on down to see all of the incredible changes happening downtown!  New sidewalks have been poured, trees have been planted... all that downtown needs is YOU! 

Be sure to visit Downtown Brentwood's website to view upcoming events!

http://www.brentwooddowntown.com/

Hope to see you Saturday!

Friday, April 1, 2011

Brentwood Downtown Revitalization Still on Track

Come see the caterpillar become a butterfly!! The changes are happening daily.

www.youtube.com
Parking updates at: http://bit.ly/dGXfBt Slideshow video of Brentwood CA businesses during downtown revitalization project - January 2011

Thursday, February 3, 2011

Downtown Brentwood OPEN FOR BUSINESS!!

Here is a link to a great video sharing about what is going on in Downtown Brentwood.  Even with all of the construction going on, businesses are still OPEN!  Come on down and see the changes that are being made to revitalize our local downtown!

Video - Downtown Brentwood

Monday, January 24, 2011

Hello East Contra Costa County residents

I am a local real estate agent that was looking for a good website that would have information specific to the Antioch, Brentwood, Discovery Bay and Oakley areas.  I couldn't find one so I decided to put together a blog with links to local information. 

I will be posting local information, upcoming community events, etc. as well as real estate related information.  If there is something that you would like to see included in this blog, please feel free to email me at melanieakey@comcast.net and I will do my best to add it.  I hope you enjoy this blog as much as I have enjoyed putting it together!