Shereen Elcherif Real Estate Professional

09/26/2024

Thinking about buying a home? Let's break down the costs!
A few key costs to keep in mind:
1. Down Payment: Typically 3-20% of home price.
2. Closing Costs: Around 2-5% of the loan amount (including fees, insurance and taxes).
3. Home Inspection and Appraisal: Ensures the home value and condition.
4. Home Maintenance Costs: Don't forget to budget for your move and ongoing upkeep!

As your trusted agent, I'm here to guide you every step of the way. Ready to find your dream home?
Contact me today!

08/10/2024

08/02/2024

Looking forward to seeing you there 😃
DM for more information.

04/22/2024

When it comes to the current housing market, there’s a lot of misinformation out there right now.

And you may be confused about what’s fact and what’s fiction.

That’s why I’m busting some of the biggest myths and misconceptions in real estate today. Swipe to see.

04/15/2024

What's the best way to invest with my Tax Refund?

Have you been saving up to buy a home this year?

03/10/2024

02/13/2024

Curious about what's happening in your market? Reach out and I'd be happy to send you a market report for your area.

01/13/2024

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, let’s connect.

If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.

01/12/2024

Why the Price of Your House Matters When Selling

The asking price for your house can greatly affect your bottom line and how fast your house sells. Let’s connect so we can find the right price for your house.

01/11/2024

What Lower Mortgage Rates Mean for Your Purchasing Power

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac.

This recent trend is great news for buyers. As a recent article from Bankrate says: “The rate cool-off somewhat eases the housing affordability squeeze.”

And according to Edward Seiler, AVP of Housing Economics and Executive Director of the Research Institute for Housing America at the Mortgage Bankers Association (MBA): “MBA expects that affordability conditions will continue to improve as mortgage rates decline . . .”

Here’s a bit more context on how this could help with...

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month.

01/10/2024

Don’t let uncertainty hold you back. With the right guidance and market insights, you can make informed decisions that pay off in the long run. Like they say, the best time to start was yesterday. Let’s chat about your real estate goals today!

01/10/2024

Avoid These Common Mistakes After Applying for a Mortgage

If you’re getting ready to buy a home, there are some key things to keep in mind after you apply for your mortgage and before you close. Here’s a list of things to remember when you apply for your home loan.

Don’t Deposit Large Sums of Cash

Lenders need to source your money, and cash isn’t easily traceable. Discuss the proper way to document your transactions with your loan officer.

Don’t Make Any Large Purchases

It’s not just home-related purchases that could disqualify you from your loan. Any large purchases can be red flags for lenders. Resist the temptation to make any large purchases, even for furniture or appliances.

Don’t Cosign Loans for Anyone

When you cosign for a loan, you’re making yourself accountable for that loan’s success and...

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own.