Professional Loans

Watch on your mobile device >>

Today we have Fred Gerten from BBVA Compass to tell you about their Professional Program. 

The Professional Program allows doctors, lawyers and CPAs to purchase high-end homes with low down payments.  Compass offers million dollar loans with as little as five percent down. 

All that is required to be eligible for this Professional Loan is a credit score above 700.  Employment and assets will also be verified, but there is no minimum employment length required. 

Loans of more than a million dollars are also available, but a slightly larger down payment is required.

While interest rates do fluctuate, Compass offers market competitive rates and no one else has a program like this. 

Please call us if you have any questions or want to get started with the Professional Program!

How Do We Rate?

Watch on your mobile device >>

We’ve specialized in selling homes that other agents have not been able to sell. These listings are considered expired or cancelled. Although other agents haven’t been able to move these homes, we have. Our clients often hire us based on the response we get from Zillow—all reviewers would highly recommend our team. If you would do us a huge favor and share your experiences with our team, we’d greatly appreciate it.  It’s easy and only takes a few minutes—just log on below.

By hiring our team, you’ll get great communication and the attention to details you need to turn the for sale sign into a sold sign. To get things started, we’ll do a personalized walk-through to let you know what you need to do—and not do—to increase your chances of getting top dollar for your biggest investment. This approach will ultimately save you time and money. You’ll also benefit from a strategy we put in place so that anyone who is looking for a house in your neighborhood and price range will know about your home. It’s all about actively marketing your home, giving you feedback from potential buyers and making any necessary changes.    

Here’s what two clients had to say:

“Monique is a real estate professional of the highest caliber. My home sold quickly and effortlessly due solely to her efforts. I was kept informed through the process. I couldn't be happier and will utilize her services in the future. I would highly recommend Monique.”

“Monique and her team were extremely professional and very responsive…  For example, we received frequent email market updates, immediate emails whenever there was a showing (with feedback as well), and both Monique and Kirsten answered direct emails within an hour. Additionally, both worked hard to communicate with other agents and answer any and all concerns. We felt that we were receiving a very high level of communication and service.”

http://www.zillow.com/profile/moniquewalkersells/

Low Inventory Makes Now the Time to Sell

Watch on your mobile device >>

Would you like to get multiple offers on your home? Thanks to low inventory, sellers right now have the upper hand, especially if the home is in great condition and presented well, located in a good place and priced just right. If you’re at all on the fence about selling, now is the time because sellers can even get more than their asking price, and homes are selling faster than they could have imagined. Buyers are desperate!

What does this mean for sellers? Take advantage of the low inventory and get your home on the market as soon as possible! It certainly won’t be on the market for long. Since there are fewer homes on the market, there’s more competition for available homes. Low inventory often translates into multiple bids, high list-to-sale price ratios and being able to negotiate better terms. Again, sellers have the upper hand.

What is the landscape like for buyers? Very competitive with multiple offer situations. This market means you have to be aggressive. When a home that you’re interested in hits the market, plan to see it as soon as possible and make the best possible offer that’s at an appropriate price point for the seller. Remember, inventory is low. If you hesitate, the property could be gone because others will be making offers.

Keep in mind that mortgage loan rates are extremely low, which makes buying a home more affordable than ever, but the rates won’t last forever. Interest rates are still below 4% with some as low as 3% for a 15- or 20-year fixed-rate mortgage. If you wait and interest rates rise, you could get locked into spending a few hundred extra dollars a month on your payment. Ouch!  

If you would like to build a strategy to succeed in this market, give us a call at (602) 413-8195 or email us at Monique@MoniqueSells.com.