Gayle's Blog

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Today's Mortgage Interest Rates in Monroe, LA.

If you're trying to keep up with local mortgage interest rates, good luck!  Rates change every day, sometimes 2-3 times a day.

Here are the local mortgage interest rates for Thursday, Oct. 30, 2008:

30-yr Conventional     6.5%  Fixed
15-yr Conventional     6.25%  Fixed
FHA/VA, 30-yr             6.625%  Fixed
30-yr Rural Housing    7.5A%  Fixed

Rates courtesy of Bankers Mortgage Center, 909 N. 18th St., Monroe, LA.

Now is a good time to buy! You can spend the holidays in your new home. If you're ready to start looking, call me for a buyers' consultation. I will explain rates to you and help you find the most home for your money.

Gayle Causey
Real Estate Consultant
318-614-5615
Keller Williams Realty
Monroe, LA USA
Find your house with your mouse http://WestMonroeRealEstate.com

 

0 commentsGayle Causey • October 30 2008 12:10PM

2615 N. 11th Street, West Monroe, LA

Cozy up and love this low-maintenance cottage located on one of the city's prettiest streets. Warm wood floors in the living room; carpet in both bedrooms. Kitchen complete with dishwasher and electric range. Big, fenced back yard stretches to Swiss St. This home is probably cheaper than rent and it's a lot more fun to own!  Only $79,000.
Call Gayle Causey for a tour--318-614-5615.
Keller Williams Realty
Monroe, LA USA

Front view

Front view. Note the large driveway that provides plenty of parking space.

Living rm.

Wood floors in the living room.

Kitchen

Bright kitchen.

Master BR

Master Bedroom

Back yard

Large back yard fenced for security.

0 commentsGayle Causey • October 24 2008 08:48AM

Avoid unpleasant surprises--Do a pre-list inspection yourself.

Buyers are urged to have a pre-sale home inspection. If you are thinking of selling your home, one of the best things you can do is anticipate what the home inspector will find and take care of any problems before you even put your home on the market.

Take a look at the suggestions below. This may seem like a lot of trouble, but you will be so happy you did these things when your house is under contract and the worry about the buyers' inspection is minimized.

Exterior
* Remove leaves and debris from gutters and downspouts.
* Pressure-wash siding to remove & prevent mold.
* Check exterior paint for bare spots.
* Inspect and replace exterior caulk.
* Check window and door sills for leaks; caulk where needed.
* Clean air-conditioning unit.
* Check the foundation.
* Trim trees and bushes away from the house.
* Check decks for loose boards, railings and stairs.
* Inspect the roof.
* Check window screens.
* Check fences and gates.
* Make sure the garage door opener is working properly.
* Examine the septic system for flooding or unusual odor.
* Make sure water drains away from the house on all sides.
* Check outside walls for termite tubes and damaged wood.

Interior
* Clean and seal tile and grout.
* Inspect all heating elements or burners on the stove top
* Check and fix leaky faucets.
* Make sure that toilets are properly secured to the floor.
* Check and fix leaky toilets.
* Check the attic for signs of moisture (i.e., water stains on the underside of the roof sheathing).
* Clean out the fireplace.
* Replace the batteries in smoke detectors.
* Clean A/C ducts.
* Change A/C filters.
* Check the main electrical panel for rust and/or water marks.
* Test circuit breakers.
* Inspect fire extinguisher.

Before you list your home, I will show you a typical report from a licensed home inspector so you'll know what to expect. Call me any time!

Gayle Causey--318-614-5615
Real Estate Consultant
Keller Williams Realty
Monroe, LA 71201 USA
http://westmonroerealestate.com

 

2 commentsGayle Causey • October 24 2008 08:32AM

Underprice and Overimprove - Sold in 2 weeks with 4 offers ! Sound good ?

Thanks to Christopher and Stephanie Somers of Philadelphia, PA for the great ideas. 
To find out what's going on in the Monroe/West Monroe, LA real estate market, call or email me. I'm here to help.
Gayle Causey
318-614-5615
Keller Williams Realty
Monroe, LA USA
Find your house with your mouse: http://WestMonroeRealEstate.com

Via Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate :

Stragetize to sell your property at Full Price and to sell within 2 to 3 Weeks !

Multiple Offers

After listing a property that has been on the market for less than 2 weeks, today we met with our seller to go over 4 offers in writing. Each of the buyer agents were given a chance to come back with their highest and best offer.  The offer that was accepted ended up being a full price offer with a settlement timeframe of less than 4 weeks !

No, this was not an investment property.  All four deals were for homewoners.  All four deals had FHA mortgages. 

The two key items that lead us to this point are:

1.   Aggressive Pricing

2.   A Great Product

Aggressive pricing - In speaking with our client, we recommended pricing the property 5 percent below the other properties that are on the market.  Further, the pricing allowed for a buyer to feel good about getting a deal as the listing price was a little BELOW what the others have sold for recently !

A Great Product - The seller took the time to stage the property, had it cleaned thoroughly, and did landscaping out front.  This allowed for great photos and a great first impression as soon as the buyer's walked through the door.

So with all the doom and gloom that we hear everyday, I share this story which is not an uncomon story for us with the right strategy to get a property sold quickly at full price or greater.  

Has this happened to you recently ?

Philadelphia Real Estate

Philadelphia Real Estate Blog

0 commentsGayle Causey • October 06 2008 11:35AM