Is the 3% Down-Payment Mortgage Making a Comeback?

In an effort to open up mortgage lending to first time home buyers and restricted income families, this interesting article and video indicates that the 3% down payment mortgage may be making a comeback.  Strict criteria such as minimum credit score, minimum household income requirements, and private mortgage insurance will apply, so be sure to stay in communication with your trusted Realtor® and mortgage professional. The Wayne Brazier Team is always ready to connect you with the resources needed to help you purchase or sell your home.  Call us today at (252) 285-5655 or visit us at http://thewaynebrazierteam.com.    Read on for more information:

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The Holiday Home-Seller

Selling your home during the holiday season can seem overwhelming to say the least, but here are just a few simple tips that can help you stay on top of the market.

• Keep those decorations in check.  Many homeowners tend to get a little "wild" over the holidays with Christmas trees, villages, trains, music, more trees, lights, snowmen, packages, more trees....  Just keep in mind sometimes a prospective home-buyer can't see the "forest"... er - the home, for the trees.  Make sure they can still see the fantastic product you are selling.
• Revisit your asking price.  Remember, shoppers are scouring the neighborhoods looking for a great deal.  Black Friday has flipped the savvy-shopper's bargain-hunting switch, and the race is on to get the MOST for the money.  It may be time to adjust your asking price to get the edge on the competition.
• TALK to your Realtor®.  Many home sellers travel over the holidays.  This can make it much easier for an agent with a prospective buyer to schedule a showing appointment on short notice.  If you plan to travel during the holidays, make sure you let your agent know so they can plan showings accordingly.  
• ENJOY the season!   Home-selling during the holidays doesn't have to be stressful.  Take the time to review your needs with your Realtor® in advance.  Your qualified real estate professional will be able to assist you with all aspects of the home-selling process, especially during the holiday season.  

Until we meet again, have a wonderful and blessings-filled holiday!