Cold in Billings

We are setting records for cold in Billings and other parts of Montana.  Billings is still better than many parts of the United States.  We are listed as one of the top places in the United States to live.  Our weather is starting to warm up.  The cold weather usually does not last long.

Call Billings Real Estate Professionals for all of your real estate needs

Changes to bidding on HUD acquired properties

The changes are as follows:

·         The Exclusive period for properties that are IN will be reduced to 15 days. Bids submitted during the initial 10 days will still be sealed. After the 10^th day the bids will be reviewed daily. If no acceptable bid is received by day 15, the property will enter the Extended period.

·         The exclusive period for properties that are UI remains unchanged.

·         Bids received on Friday, Saturday, or Sunday will be opened in one batch on Monday. These bids will be considered as having been submitted simultaneously. In the event that Monday is a federal holiday, the batch will include bids received Monday and  will be opened on the following business day.

·         If a federal holiday falls during the week, any bids submitted that day will be grouped with the bids from the previous day.

·         NOTE: Bids will not be batched together if the listing period ends over the weekend or on a holiday. For example if the listing period ends Saturday, bids received Sunday will not be included in the batch to be opened the following business day.

 

       Call Louise Johnston  670-9864

 

I am going to list my home. What should I do to get ready?

1. Maintain your landscape--make sure the lawn is cut and leaves are picked up. Mums or fall flowers on the deck are always a nice touch.
2. Keep your house warm. Prospective buyers are turned off by a cold house.
3. Let in the light. During the day open the curtains and drapes. At night put on all the lights.

Call Billings Real Estate Professionals for all of your real estate needs.

 

 

Is there a major project that will increase my home's value?

Exterior remodeling projects lead the way for recovery on dollars spent. When you compare the national averages, replacement projects that boost curb appeal—siding, windows, and decks—give the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

If you are thinking of selling your home soon, your fix-up dollars may be better spent on some professional home staging.

Call Billings Real Estate Professionals for all of your real estate needs

Should buyers stall large purchases until after closing?

Definitely do not make or commit to any large purchases until after closing on a home because prior to closing the lender will pull up credit reports and if the buyer has even applied for a new credit card, this could affect their credit standing and could possibly be turned down for their loan.

Call Billings Real Estate Professionals for all of your real estate needs

What two things should you do before you go to a Mortgage lender?

I recommend you do the following before you visit the mortgage lender.  First, it is tougher to qualify for the best rates if you're carrying a lot of revolving debt, such as credit card balances. Pay those down as much as possible. Second, make sure your credit report is free of blemishes that can damage your chances of borrowing.

 

Call Lisa Baumberger 406-208-5560

How do I know what mortgage amount I can afford?

As a general guideline, your monthly mortgage payment, including principal, interest, real estate taxes and homeowners insurance, should not exceed 28 percent of your gross monthly income.  This varies depending on what other debt and expenses you have.

 

Call Lisa Baumberger for all of your real estate needs  406-208=5560