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The Gladys Blum Group, REALTORŪ, real estate agents and broker for Salem Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why our team is the most trusted name in real estate. Call us: 503-485-1900.

Thinking About Selling Your Home Yourself?: Salem Oregon home buying, real estate listings, and homes for sale in Marion                         County, OR
Welcome > For Sellers > Thinking About Selling Your Home Yourself? ...

There's More to Selling Your Home than a "For Sale" Sign In Your Front Yard: Beware.
 

Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: 

"How does your home compare to others like it in Salem?" 

"How did you determine the fair market value of this property?" 

"What about financing? Can you help?" 

"If I make an offer, who will draw up the paperwork?" 

"Why aren't you using a Realtor? Is there something wrong with the property?" 

"Since you aren't using a Realtor, we can take their fee right off the top, right?" 

Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every homebuyer wants to offer you as little as possible. How do you determine the real market value? 

Almost all homes are sold using a Realtor. As a top real estate professional, it is my job to help you negotiate with all those buyers who want something for nothing. Not to mention preparing your home for sale, marketing it locally in Salem and even nationally, and guiding you through the complex paperwork and pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard. Errors can be extremely costly. 

Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "Try to steal this one." 

If you must sell your own home, at least let me give you a sense of its true market value. Tell me a bit about your home, and I'll do a quick Comparative Market Analysis and let you know what I feel it is worth. I'll also describe, as an experienced, top Salem Realtor, how I would market your property. This is free, with no strings attached. Simply fill out the form and I will quickly get back to you...
 

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Real Estate Tips
Financing Your Home >The Margin on an ARM

When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.

Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.

If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.

See All Tips In The "Financing Your Home" Category >
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Real Estate Trivia
Q 
What characteristics must a home have to be considered a prestigious property?

A 
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person.
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The Gladys Blum Group, REALTORŪ, real estate agents and broker for Salem Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

The Gladys Blum Group
Real Estate Services

2150 Commercial St. SE
Salem, OR. 97302
503-485-1900
503-485-1800
Toll Free: 1-800-833-0463
Fax: 503-485-1950
Email: info@gladysblumgroup.com

Gladys has been working in real estate since 1977 and in Salem real estate since 1979. She has been Salem's #1 Realtor since 1985 and has been recognized nationally throughout her career. Her team of outstanding professionals has also been recognized for their commitment to service and excellence. The Gladys Blum Group is truly the MOST TRUSTED NAME IN SALEM REAL ESTATE and is ready to serve you with the latest in technology & service!

ABR MLS REALTOR


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