And just like that, we are officially into month 2 of 2023!

How are you feeling? Good? Cold? What about excited or optimistic?

If only the ‘cold’ option rang true for you, (Feb IS the coldest month after all!) then let me share some good news and hopefully, inspire you to feel good and optimistic too!

The Good News: In January, Basia & I closed 8 sales! Big round of congratulations to the sellers and brand, new homeowners!

We also have 5 homes under-contract, and our remaining listings are receiving offers! Very exciting times!

Yes, the Real Estate market is alive & well in SouthEast Virginia and that is something to smile about!

Some more good news is that buyers are re-discovering Assumable Loans. Most FHA & VA loans are assumable, meaning a qualified buyer can ‘assume’ the interest rate of the seller, resulting in huge savings over the life of the loan. Frequently the seller's loan has an interest rate that is lower than our current rates and the savings often mean greater buying power. If you are considering selling, let's find out if you have an assumable loan & advertise it if you do. It’s a very attractive selling point for savvy buyers!

And, if you are looking to buy, let's see if the houses you like have an assumable loan. The monthly savings could expand your buying power while saving you money each month!

As your REALTOR®, we will put every last drop of knowledge to work for you! If you are ready, or just have questions, please reach out via email, text or phone.

 

Thanks and Talk to you soon!

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Jeremy Stansbury
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