Sue Welling
December 2019
We Never Stop Moving

Is New Construction for You? We’ve Got the Pros and Cons to Buying New
The Federal Reserve recently stated that housing is “the bright spot in the economy,” and spotlighted the growth of new construction; New home sales “are 18% higher than a year earlier,” according to REALTOR Magazine. But how much do you really know about buying new construction? If you’re wondering if it’s for you or if you’re just curious about the differences between buying new and resale, we’re breaking down some key details in these pros and cons.
      Con: No haggling allowed
      Negotiating is a key part of buying a resale home. But if you’re looking to negotiate the price on something new, you may be disappointed. Builders and
Mortgage Rates
U.S. averages as of December 2019:

30 yr. fixed: 3.66%
15 yr. fixed: 3.15%
5/1 yr. adj: 3.39%

and developers don’t generally like to lower the price of homes since it tends to aggravate those who purchased previously and didn’t get the benefit of a
Wondering What Your Home Is Worth?

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Holiday First Look: 2019 Color Trends
     Is it too early to start thinking about Christmas decorations? Is it ever too early to start thinking about Christmas decorations? We think not, frankly. When it comes to the decorating itself, studies show the earlier you start, the happier you are.
      While early November might be a tad too early to actually start putting up lights and changing out pumpkins for Santa, we’re definitely not above planning and shopping right now. And this year, we’re all about getting creative with the color story. These are the color trends we’re seeing for this year.
      Blue and green Pinterest searches for blue and green holiday decor are up, and we can see why. Swapping the classic red for green creates a look that’s

Troubleshooting Plumbing Issues
     Plumbing issues can be difficult, expensive, and time-consuming. If you have an idea of what the issue is, there’s a chance you can fix it on your own. Even if you can’t do anything yourself, knowing what the problem could be will let you know what to tell the plumber when you call. Here are some of the common plumbing problems you may encounter and ways to overcome them.
      Broken pipes: Orange County, for example, is one of the most densely populated places in America, and it is facing an expensive problem. About a fifth of the area’s water pipes are coming to the end of their useful lifespan. Not only are the pipes a bit old, but the soil is also corrosive. Of course, much of the pipe that needs to be replaced is the city’s responsibility, but some of the financial burden will rest on the shoulders of local residents. This is also an issue for plenty of other lcoations nation-wide. If you’re experiencing any of the signs of a major

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Down Payment Help – What Is It, Who Gets It, and How It Could Help You Buy a Home
     The 2019 Profile of Home Buyers and Sellers, a new report from the National Association of Realtors®, shows that one-third of first-time buyers in 2018 used help from family or friends for their down payment last year. The other two-thirds didn’t even know you could use gift funds for a down payment. OK, that second part is made up…but it’s probably not far from the truth.
      The reality is that dedicated down payment assistance funds often go unused and many of those who might like to buy a home don’t even consider it because they don’t have enough money saved for the down payment and don’t know there are easy—and free—ways to come up with one, like the aforementioned gift funds, as well as grants and forgivable loans. We’ve got the details on how and where to get the help. 
      Grants A down payment grant provides buyers with funds that never have to be repaid. Programs vary from state to state, but are generally earmarked for first-time buyers in low- to moderate-income brackets. Several states have local and regional programs, and there are also special grants for veterans,

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Inspection vs. AVM vs. Appraisal
Is This the Future of Rent-To-Buy?

Sue Welling REALTOR/ABR/ePRO/GRI 2005 Realtor of the Year

Weir Manuel Hoppough
202 East Superior St.
Alma MI 48801

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