Devon Wilhoit - Century 21 Legacy

08/16/2024

The recent NAR settlement introduced changes designed to enhance transparency and trust in real estate. As of August 17th, these changes are officially now in place. Here is what you'll see:

No More Compensation Details in MLS: This means that compensation agreements will no longer be publicly listed, allowing for more tailored and confidential discussions about terms.

Written Agreements Required: Before we tour any homes together, we'll need to have a written agreement in place. This ensures that both parties understand and agree to the terms of our professional relationship right from the start, making every step as straightforward as possible.

These changes are here to protect your interests and ensure that you have all the information you need to make informed decisions. 💼🔍

🌟 Why is having a realtor by your side more crucial than ever? With these new practices, a knowledgeable realtor will guide you through the complexities of modern real estate transactions, ensuring your needs are met while adhering to the latest legal requirements.

Need more insights or have questions? Let’s connect! Your trusted real estate partnership starts here. 🤝

08/13/2024

Veterans, explore your exclusive mortgage options! 🇺🇸🏠 From VA loans with no down payment and no PMI to VA renovation loans for upgrading your home, there are numerous opportunities designed just for you. Refinance easily with a VA IRRRL or tap into your home equity with a VA cash-out refinance. Native American veterans can benefit from the NADL program.
Let's make the most of these benefits and secure the perfect home for you!

08/06/2024

Ready for a value boost? 🚀 Here's the insider scoop from the folks who know best – home appraisers. These are the upgrades that not only make your home smarter and more sustainable but also increase its market value:

- Smart Home Upgrades & High-Speed Internet: In our connected world, a home that simplifies life with automation and offers blazing-fast internet is a hot commodity.

- Sustainable Renewable Energy Systems: Think beyond leasing – owning your solar or thermal systems can be a big sell, not to mention the sweet tax credits that come with it.

- A Polished Base Canvas: Fresh paint, new floors, and inviting landscaping are your best bets to enhance your home’s appeal and fetch a higher price.

These are just the starting points. For tailored advice, a chat with your agent can uncover the most impactful upgrades for your specific home. Thinking of boosting your home’s value? Save this for later!

07/26/2024

This seems to be the million-dollar question we ask ourselves these days. If you're interested in learning what your home is worth and how much equity you already have, reach out today. You might be pleasantly surprised!

07/23/2024

Renting but dreaming of homeownership? Here's how to save for that down payment:

Set a savings goal: Determine how much you need and when you want to achieve it.

Create a budget: Track your expenses and identify areas where you can cut back.

Automate savings: Set up automatic transfers to your savings account each month.

Increase income: Look for opportunities to earn extra money through side gigs or freelance work.

Reduce housing costs: Consider downsizing to a more affordable rental or finding roommates to share expenses.

Minimize debt/expenses: Pay down debt and avoid unnecessary expenses to free up more money for savings.

Ready to turn your renting days into homeownership? Let's get started today!

07/17/2024

07/16/2024

Foreclosure fears? Let's dive into the facts of 2024. Despite the end of pandemic relief programs and economic shifts, we're not witnessing a spike in foreclosures. Actually, we're sitting at only 60% of the foreclosure levels seen pre-pandemic. 🏡

Experts predict that it might take until mid to late 2024 to even approach the foreclosure rates of 2019. Why? Because the economy is resilient, and homeowners who invested during 2020-22 have seen significant equity growth thanks to property appreciation. This equity boom means fewer homeowners are forced into foreclosure, underscoring a robust real estate market.

It's a sign of a correcting market rather than instability. For a deeper understanding of how this impacts you, let's chat!