Keith Bailey Realtor Florida Real Estate Blog

  If Your Destin Florida House Price Is Not Compelling, It’s Not Selling There’s one big mistake you need to avoid when you sell your house this year: setting  your price too high. It might seem like overpricing gives you room to negotiate or could really boost your profit, but the reality is, it usually backfires. If Your Destin Florida House Price Is Not Compelling, It’s Not Selling In fact,  Realtor.com  says  almost 20% of sellers — that’s one in five — have to  reduce  their price to get their house sold. And you don’t want to be one of them. Here’s why starting  too high  can lead to trouble, and how to avoid it. Overpricing Pushes Buyers Away With mortgage rates and home prices where they are right now, buyers are already stretching their budgets to make a move. So, when they see a house that’s priced too high, they’re not thinking, “I can negotiate.” They’re more likely to think, “next” and skip over your house entirely. An article f...

  How VA Loans Can Help You Buy a Home For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own  homes . If you or someone you know has served in the military, it's important to learn about this program and its benefits. Here are some key things to know about VA loans before  buying a home . Top Benefits of VA Home Loans VA home loans make it easier for veterans to buy a home, and they're a great perk for those who qualify.  According  to the  Department of Veteran Affairs,  some benefits include: Options for No Down Payment:  Qualified borrowers can often purchase a home with no down payment. That’s a huge weight lifted when you’re trying to save for a home.  The Associated Press   says : “. . . about 90% of VA loans are used to purchase a home with no money down.” Don’t Require Private Mortgage Insurance (PMI):  Many other loans with down payments under 20% require PMI. VA loans do not, wh...