Buying a home in today's market can be challenging, and high mortgage rates are not helping. This makes the average prospective home buyer feel left out of owning a home. There are small signs that this may be changing, with the housing market slowing and starting to favor the new home buyer. Unlike during the pandemic, when you could take advantage of low interest rates things are different as we come out the other side. The underlying reason for mortgage rate hikes is sometimes tied to increasing Federal Reserve interest rates. As the economy starts to rebound the hope is that mortgage rates start to decrease even more.
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With something as personally and financially important as selling your home, you want to do everything in your power to make sure the process is seamless! Sure, there are always unforeseeable issues that can arise, but some of the most common problems are self-inflicted! The goal of this post is to warn current and future sellers about some of the easily-avoidable ways that they can sabotage their own sale.
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