One common problem that people run into is that they become house poor. What does this mean? You are house poor if you have no extra money to pay for emergencies, cover your expenses and save for the future, because your house payment is too large. Your house payment should be about twenty-five percent of […]
Home Selling
SHORT SALES WITH KAYSER LAW FIRM
Short Sales are the “New Normal” for homeowners with mortgages. Without a negotiator you could be losing out on someone in your corner. Elizabeth Kayser and Ryan Hyde of Kayser Law Firm joins Doug and Tammie in the Cornerstone Studio to explain and dispel any myths of what a Short Sale is. Simply put, short sales begin […]
Selling A Home To A Relative With John Niemann & Doug Haldeman
Generally, the Internal Revenue Service doesn’t care who you sell your house to. Whether it’s going to your son, your second cousin or a stranger, you’ll pay the same taxes and get the same treatment. However, there are a few special situations where the IRS takes a more careful look. Generally, if you’re setting up […]
Why A Baby Boomer May Want To Downsize
Did you know that boomers will turn 65 at a rate of about 8,000 a day for the next 18 years? That’s a lot of American homeowners who are reaching retirement age and starting to think about their next phase in life. If you or your parents fall into this category, it could be a […]
How is Convexity Selling Increasing Interest Rates?
What is the cause of interest rates increasing over the last few weeks? Convexity selling by bond traders is the cause. Here is how it works: When Fannie Mae sells bonds the prices of those bonds are what determine your interest rates. This creates convexity selling and buying the buyers of these bonds are typically bond funds. […]
Lessons in Selling a Rental Property
One thing Tammie and Doug stand for is evaluating different lessons in life. They grow by learning from their defeats and celebrating victories. This week they are celebrating a victory that definitely didn’t start out that way. Tammie acquired a property in 2002 which started out as a good deal but over time turned in to a renter’s […]
Home Scouting: Home Search Made Easy!
Home scouting is one of the best programs to use when searching for new properties. Some people might use Zillow or Trulia but the issue with these real estate search engines is that they are missing at least 30% of the listings that are out there. These websites don’t have direct access to the MLS […]
4 Proactive Tips to Take Before Listing Your Home
Homeowners tend to believe their home is worth more than it’s actual value. Overpricing a home can sabotage your opportunity to get the most money for your property. If you’re ready to sell take these four proactive tips so that you can be in the position to ensure the highest selling price in your neighborhood.
Chris Scheer Sticks around to Introduce Sold Home Alert – Another Great Feature of Home Scouting!
Sold Home Alert is designed for people who own a house and want to keep track of their investment. Nine out of ten people go online looking for information such as: what is my house worth and what did my neighbors house sell for? Using Sold Home Alert through Home Scouting answers these questions without selling your information to real estate […]
Chris Scheer, Regional Manager for Cornerstone Mortgage: Home Scouting Report
Chris Scheer has been in the mortgage industry for 23 years for the last six he has driven the Home Scouting program which has helped Cornerstone become the third largest lender in Missouri! Cornerstone thrives on creating the best loan process for their consumers and Home Scouting is a large diffreintiator that adds value and […]
