Posts with tag 'Home Buying'

Mortgage Rates – A Historical Perspective

If you ask anyone involved in real estate how the market is, you are likely to hear something regarding mortgage rates and how they have recently risen, instead of falling. This is certainly part of the reason the 2026 real estate market has been sluggish. At the time that I am writing this article, mortgage rates are averaging around 6.5%. Compared to the time of covid (March 2020) and the time shortly after, this is a high rate. With a little perspective we can see that 6.5% is much closer to average, even a little lower, historically.

Mortgage rates peaked near 20% in the early 1980's. Several local Realtors have told me how difficult it was to both purchase and sell real estate during this era. Many agents sold land and timber just to get by. The r...

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I Am Under Contract, Now What?

After working with your lender on getting pre-qualified and spending months, or maybe longer, searching for a home you finally find the right home, and you are under contract. Woo-hoo! Time to relax and celebrate, right? As many Realtors say, the real work begins when you are under contract.

Arguably, the most important part of being under contract as a buyer, is a home inspection. It is essential to hire a knowledgeable, professional and honest home inspector. Coweta County has many good local home inspectors. Rely on your real estate agent for recommendations but also do your own research. Online reviews and testimonials, education background, accreditations, and experience are all important factors when selecting a home inspector. It is not a bad idea to call prospective inspectors to ask questions, discuss pricing and ask what services they provide. Most home inspectors can provide radon and air qu...

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