Erin Bell - Real Estate

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1️⃣ Buy the house you can afford, not the maximum the mortgage lender thinks you can afford.⁠2️⃣ Don’t dismiss school di...
01/23/2023

1️⃣ Buy the house you can afford, not the maximum the mortgage lender thinks you can afford.⁠
2️⃣ Don’t dismiss school districts - even if you don’t have kids. Buying in a sought-after district will come in genius at resell.⁠
3️⃣ It’s okay if you don’t have a 20% down payment. Just talk with a reputable lender ASAP to see which loans are right for you. ⁠
4️⃣ Don’t be afraid to walk. Title issues, an overwhelming inspection, or a nagging hunch that won’t quit? You’re the buyer. You’re in charge. And you can walk at any point. ⁠
5️⃣ Buying is costlier than renting. You’ll be your own landlord now, so you’ve got to factor repair costs, utilities, and furniture into your budget. Another reason to revisit number one above.

Fill in the blank: "I want to sell my home, but ____________"If you're considering selling your home this year, but aren...
01/18/2023

Fill in the blank: "I want to sell my home, but ____________"

If you're considering selling your home this year, but aren't sure if it's the right move, this post is for you!

1️⃣ Do you have a good amount of equity in your home?
2️⃣ Is your next home available and/or affordable?
3️⃣ Are you emotionally ready to sell your home?
4️⃣ Are you wanting to downsize or upsize your home?
5️⃣ Can you make a profit by selling?

If you answered yes to most of these questions, 2023 may be the perfect time to sell. Every home and homeowner has their own unique story. Before deciding to sell — or deciding to wait — talk with your real estate agent.

Are you trying to sift all the info and figure out what’s REALLY going on in the real estate market?Stop already. I got ...
12/19/2022

Are you trying to sift all the info and figure out what’s REALLY going on in the real estate market?
Stop already. I got you covered. Remember…
A BUYER’S MARKET is when there are more homes available than buyers looking.
A SELLER’S MARKET is when there are more buyers looking than homes available.
In general, it’s a seller’s market if inventory is adequate for 5 months (or less) worth of sales. If you have 5 to 7 months of inventory, you have a balanced market, and anytime you have more than seven months’ worth of inventory, you’re in a buyer’s market.
In most areas of Colorado, there are 2.5 months of inventory or less!
If you want to talk more about what’s happening in your area this winter, send me a DM. No matter the market, I’m here to help you reach your real estate goals.

You may have heard this term thrown around recently, but what exactly is a 3-2-1 Buydown, and what does it mean for you?...
11/02/2022

You may have heard this term thrown around recently, but what exactly is a 3-2-1 Buydown, and what does it mean for you?

With a 3-2-1 Buydown, the buyer’s interest rate is reduced by 3% in the first year, 2% in the second, and 1% in the third. Obviously, this can be an absolute game changer with current rates above 7%.

But this doesn’t necessarily just benefit the buyer. As a seller, offering this solution can move buyers off the fence and get your home sold faster. In a market where we’re seeing price reductions daily and homes sitting on the market, a 3-2-1 Buydown could make all the difference in selling your home at the price you want!

If you’d like to learn more, shoot me a message!

Rising interest rates are bringing the market back to pre-pandemic behavior. With less pressure from buyers, the number ...
10/31/2022

Rising interest rates are bringing the market back to pre-pandemic behavior. With less pressure from buyers, the number of homes for sale is starting to rise to meet the still-elevated level of demand.

With more inventory comes less competition, which means you have a much better opportunity to lock in your dream home. Shoot me a message if you’d like to begin your home search today!

09/23/2022

Out showing homes in the cottonwood subdivision in Parker on this beautiful fall day 🍂🍁

Climbing mortgage rates have slowed the pace of the market, but will they continue to climb? And if so, how high? 👀Read ...
09/14/2022

Climbing mortgage rates have slowed the pace of the market, but will they continue to climb? And if so, how high? 👀
Read our September Newsletter 📰 to find out what the experts are saying! 8z.com/newsletters

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19033 Plaza Drive, #200
Parker, CO
80134

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