The Maynes Group Blog

The price you ask for your home is the most important decision you will make when deciding to sell your home.   It is this simple. A properly priced home should sell quickly. An overpriced home may not ever sell.  First let's review what factors do NOT affect the value of your home:     The profi...

In addition to your income, lenders consider the current interest rate, the amount of cash you have available for down-payment, your debt, real estate taxes, and home owners insurance rates when calculating the amount of home you can afford.   Income - Typically, most people can afford to purchas...

Credit scores, along with your overall income and debt, are a big factor in determining if you qualify for a mortgage loan.  Here are some tips to help improve your credit score:  Check your credit report for errors. Mistakes happen and you could be paying for someone else's poor financial manage...

We all know the #1 reason is a home doesn't sell is because it is priced too high. That is obvious right?  Well there are also a few other reasons homes don't sell even if they are priced right. One major reason is that it is the home is not easily available for showings.  Very rarely (almost nev...

Not sure? Here are some reasons why: Mortgage rates are extremely low. My clients have recently obtained rates as low as 4.85It's still a buyer's market. Many sellers are willing to negotiate price and are often include buyer incentives such as appliances, home warranties, and home improvements. ...

In addition to your income, lenders consider the interest rate, down-payment, debt, taxes, and insurance when calculating the amount of home you can afford.   Income - Typically, most people can afford to purchase a home 2.5 - 3 times their annual income. Mortgage lenders normally consider not on...

 Top 5 Reasons to Purchase a Home NOW: 1. Tax Credits are set to expire on April 30, 2010. $8000 for first-time buyers and $6500 for repeat buyers.  2. Mortgage Rates are exteremly low. My clients have recently obtained rates as low as 5.0.4. It is a Buyer's Market. Many sellers are willing to ne...

MY FIRST SALE, a brand new HGTV show, is looking for first-time home sellers (and their agents!) in the Philadelphia area. They are looking for fun, high-energy people who are just starting the process of selling their first place!  They want to capture all the trials and tribulations, stress and...

After a public divorce, Hulk Hogan has listed his Belleair, FL home for sale. Originally listed for $25 Million back in June 2006. Three years later, the home is now listed at $13,900,000. Hogan bought the Belleair property in 1992 for $2 million. He then demolished it and spent the next four yea...

President Obama has signed legislation into law that extends the $8000 tax credit for first-time home buyers and also offers a $6500 tax credit for repeat buyers! In order to qualify you must have a contract to purchase a home by April 30, 2010 and you must make settlement on your new home by Jun...