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CENTURY 21 Alliance Realty Group's Blog

Wall Colors That Help Sell Your Home

Flipping through the HGTV shows and scanning the web looking for good ideas on what colors to paint your walls?  Don't trust yourself to pick the right colors and don't want to hire a professional stager to advise you?

Here is a quick link that will simplify the decision process.  Pick some of these colors, coordinated to your rooms of course, and chances are you'll make good decisions.

Benjamin Moore - How To Stage Your Home With Color

Remember, you're doing this to make your home appealing to as many buyers as possible.  It's not for you . . . so you don't have to love it.  The idea is to de-personalize your home.

In addition to the interior paint colors, be sure to follow the basic guidelines in the Pre-Marketing Checklist.

FHA Lowering Mortgage Insurance Premium by .5%

It has just been announced that the FHA will lower its mortgage insurance premiums from 1.35 percent to 0.85 percent. This reduction could save a borrower $1,000 a year on a $200,000 loan.  That $84 per month can make a significant difference for first-time homebuyers who will be able to qualify for more home for their money.

It appears the FHA made this decision to increase its share of the mortgage market.   Since Fannie Mae and Freddie Mac are now offering a 3% down payment loan program, many buyers looking to buy with the least amount of money down will be attracted to this new financing option.

This is all good news for borrowers and for home ownership, and we expect to get more good news in the near future.  

FHA Lowers Its Harangued Mortgage Costs -

Responding to recent calls from industry leaders and associations, the Federal Housing Administration announced it will lower its insurance... [NAR Daily News Magazine]

National Real Estate Market Update December 2014

Get an update of the national real estate market trends for December 2014.