Frequently Asked Questions
FAQ’s
When is the best time to sell or buy a property?
If I had a nickel for every time I’ve been asked that question, I’d have a lot of nickels. Isn’t summer the best time to sell since many families are trying to move and get their kids registered in the new school district? Isn’t December the best time to buy since there are fewer people looking during the holidays? The answer gets back to a basic economic principle of supply and demand. Yes, there are usually more buyers looking during summer but there are also more sellers looking to do the same. Yes, there are usually less buyers looking in December, but there are also fewer sellers. So there really isn’t the perfect time to buy or sell. It gets down to the demand for the type of property and area you are trying to buy or sell in.
What are interest rates going to do in the next few weeks or months?
I’ve had several mentors along my financial career path, and one of them said something to me about interest rates that I’ll never forget. He said, “I don’t know if rates are going up or down, but I know for certain they will be changing”. That quote always makes me laugh because it’s so true. You can ask every economic advisor their opinion, and you can pretty much guarantee a lot of different reasons they believe it will go up or down. When it comes down to locking in a rate, it’s about what you can afford now. If rates come down in the future and we can refinance your loan to save some money, great. If not, you’ll be in a good spot because we setup a situation that worked for your current budget.
What makes Ken's approach different?
I think I have a unique take on real estate. I don’t just see your transaction as a Realtor does. Being that I’m also up to date on current loan programs, I can help structure your loan scenario based on your budget.