Monthly Archives: July 2013

Behind on your Mortgage Payments? Try Grays Home Solutions

If you’re a homeowner who is behind on their mortgage payments, you’re not alone. Even with cuts in payment rates there are hundreds of families who are behind on their payments and are struggling to make ends meet. This isn’t true only in the United States, but it’s true for home buyers all around the world.

Even in Australia, plenty of homeowners are feeling the pinch of not being able to meet their mortgage payments. The Sydney Herald recently reported that 1 in 400 borrowers have fallen 30 days or more behind on their mortgage payments. Their five year average saw a 1.53 percent rise in delinquent mortgage payments.

The areas of Australia that had the highest rate of delinquency also happened to have higher unemployment rates and a lower household median income. If you and your family find yourselves in similar predicaments: you have a median income that is too low, you’ve lost your job or if you have to relocate for a new job and you need to get rid of your home there are options available to you.

Grays Home Solutions can buy your home in less than seven days and help you get rid of your home no matter what condition it is in. Whether it’s dilapidated or in extreme disrepair, we can help you out and alleviate your home worries so you can move on with the next part of your life. We can buy your home if it’s in foreclosure or if you’re behind on your mortgage payments. We understand that circumstances arise in life and sometimes you need to get rid of your home.

So if you have a house that is in need of repairs and that you wish to sell, don’t hesitate to contact Grays Home Solutions. Use our fast response form and we’ll reply to you as quickly as possible.

We also have a sellers referral program! All you have to do is send us the telephone number and property address for every For Sale By Owner or vacant house you can find. Or if you know someone who has a house for sale, send us their information. If we buy the house we’ll pay you $250 just for providing the lead!

To learn more about how to sell your home in days instead of months, please download our ebook today! Or learn about our super easy referral system that benefits sellers and buyers!

Follow Grays Home Solutions on Facebook, Twitter, Google+, and LinkedIn for more real estate made simple.

Source: Borrowers struggle to make mortgage payments, The Sydney Morning Herald

Avoid Foreclosure and Sell Your Home!

Home foreclosure happens to all types of people no matter what their job is. It’s a problem that many people throughout Maryland, Pennsylvania, Delaware, Virginia and even New Jersey have to face every day. Not even professional athletes are immune from the dangers of a house foreclosure.

Recently, former NFL quarterback Daunte Culpepper, who had played for both the Minnesota Vikings and the Detroit Lions, lost his 10,000 square foot Florida home to foreclosure. According to USA Today:

Culpepper bought the house for about $3.6 million when he was signed by the Miami Dolphins in 2006. The bank cited $3 million in debt in court papers. Records show Culpepper still owns another home in the suburb of Weston.

So, as you can see, foreclosure can happen to anyone. If you’re a homeowner who is facing foreclosure, like Culpepper was, don’t wait. You need to take action fast. Facing foreclosure is a serious issue and Grays Home Solutuions can help. If you’re having trouble obtaining loans to make your payments current or if you’re 2, 3 even 4 payments behind on your mortgage and can’t see a way out, we have a solution.

If you’re worrying about foreclosure, don’t wait another second. Something such as a foreclosure can ruin your credit and stay on your credit report.

And If you’re looking to sell a home, your answer is Grays Home Solutions. We cover it all, no matter where you are in the home buying or selling process. We’re professionals with the experience to aid you in navigating this difficult home market.

If you have a house that is in need of repairs and that you wish to sell, don’t hesitate to contact Grays Home Solutions. Use our fast response form and we’ll reply to you as quickly as possible.

To learn more about how to sell your home in days instead of months, please download our ebook today! Or learn about our super easy referral system that benefits sellers and buyers!

Follow Grays Home Solutions on Facebook, Twitter, Google+, and LinkedIn for more real estate made simple.

Source: Daunte Culpepper loses Fla. home to foreclosure, USA Today

The Top Real Estate Trends of 2013

This year has been a bit of a transformative one for the real estate market. Prices seem to have gone up while the availability of homes have apparently gone down. Here are a few of the trends we’re starting to see in today’s market:

Less Homes – Just this past Feburary, it was estimated that there were less than 2 million homes for sale nationwide. The availability of homes creates a supply and demand effect in which the demand for homes has risen while the supply in certain areas seem to be dwindling. Many in-demand properties are not lasting very long on this current market. Some areas of the country, like Colorado and California, are especially feeling the effects of this trend.

Lower Mortgage Rates – As far as mortgages go, the national average rate on a 30-year fixed mortgage happens to now be slightly over four percent, which makes it one of the lowest rates ever. Rates have started to increase steadily and may increase even more depending on what actions the Federal Reserve decides to take. Some forecasters have predicted that the Fed will keep rates low for at least the rest of 2013 to encourage growth. Rates are expected to rise over the next 18 months as the economy recovers and the Federal Reserve withdraws its support.

Extra Protection for Buyers – A new rule known as The Consumer Financial Protection Bureau’s (CFPB) Ability to Repay that gives many applicants extra protection by ensuring they don’t take on mortgages greater than they can afford. This rule doesn’t officially come into effect until January 2014, but most lenders will begin to enforce it before year’s end.

If you have a house that is in need of repairs and that you wish to sell, don’t hesitate to contact Grays Home Solutions. Use our fast response form and we’ll reply to you as quickly as possible.

To learn more about how to sell your home in days instead of months, please download our ebook today! Or learn about our super easy referral system that benefits sellers and buyers!

Follow Grays Home Solutions on Facebook, Twitter, Google+, and LinkedIn for more real estate made simple.

Source: Trends of the Real Estate Market in 2013, The Paramus Post

A Few Interesting Real Estate Facts

The real estate market can sometimes be a bunch of white elephants in what seems like a desert. It is certainly a volatile thing. Homes can go unsold for months, sometimes even years. There’s no predicting where and why a home will sell. There are also a lot of weird ritual and facts that go along with real estate that you may have not known about.

Red doors for a paid mortgage – Homeowners who live in Scotland paint their doors red when they pay off their mortgage. In America, painting your door red used to mean that your house was a safe place to stay for travelers who were stopping for the night. Red doors usually carry a lot of symbolism and sometimes homeowners paint their doors red for Christmas.

Gas range stoves last the longest – Out of all the kitchen appliances, gas range stoves last the longest. Their average is 15 years, with electric stoves and refrigerators coming in close behind at 13 years, respectfully. So it might actually pay to use gas!

Harlingen, Texas is the cheapest place to live in the U.S. – According to the The Harlingen Economic Development Corporation Board, Harlingen, TX is the cheapest place to live in the entire United States. Average monthly rent comes in at about $640 while the average median home price sits at around $218,554. They say everything’s bigger in Texas, but they never mentioned how cheap it was to live there.

Brass Doorknobs can disinfect themselves – Also known as “the Oligodynamic Effect,” doorknobs that are made of brass, copper, aluminum, iron, lead and silver are able to kill bacteria. It takes them about eight hours to disinfect themselves. Stainless steel and aluminum doorknobs do not disinfect themselves the same way.

A third of home buyers want a separate shower – About one third of new home buyers want a shower that is separate in their master bathroom. It isn’t as make or break as having a garage attached to the house is, but it certainly factors into a buying decision.

You can live in an old missile silo – For old missile silos that are no longer in use, it is often useful to turn those spaces into a home. It isn’t a very pretty home, but it’s functional and is definitely livable.

Those are just a few fun facts from the wild and wonderful world of real estate. There are plenty of strange and interesting things happening in real estate every day. If you’d like to learn more about real estate or if you have a home that you’d like to sell, call Grays Home Solutions today! Call us at 240-347-3141

Also, make sure to follow Grays Home Solutions on Facebook, Twitter, Google+, and LinkedIn for more real estate made simple.

Sources:

Google’s Goats and 13 More Amazing Facts from Around the World, House Logic

Kitchen Appliances: How Long Do They Last?, CBS News

10 cheapest places to live in the U.S., CBS MoneyWatch

Some Interesting Real Estate Factoids, Home Database