3 Ways You Can Beat Competition in a Multiple Offer Situation
The Sprich Group Blog
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2y ago
Are you looking to settle in Grand Rapids? Grand Rapids offers a growing economy, low cost of living, excellent health care, diverse cultural options, and award-winning schools. Thus, it was ranked among the top places to live. Given the high demand for homes in Grand Rapids, the real estate market is hot, and sometimes, sellers have multiple offers to consider. So, how do you deal with multiple offer situations as a buyer?  1. Get Pre-Approved Instead of Getting Pre-Qualified It's always advisable to consult your mortgage lender and get pre-qualified before buying a house. A mortgage l ..read more
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Why Now Is the Best Time to Make Your Investment in Grand Rapids Real Estate
The Sprich Group Blog
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3y ago
As the market begins to shift and the interest rates start going up, the best time to make your investment in real estate is now. But where should you invest? - In Grand Rapids. Grand Rapids has become a favorite location for many real estate investors due to the competitive housing market and low cost of living.  The Low-Interest Rates Makes Your Investment Solid Although the interest rate is currently low, the rate is expected to rise soon. Todays' low-interest rate and home price appreciation will give you a competitive edge as a real estate investor. A low-interest rate gives you an ..read more
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Should You Move to Grand Rapids?
The Sprich Group Blog
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3y ago
You plan on selling your home and moving to a new location, but you can’t seem to decide the best town to move to yet. How about Grand Rapids? If you have been waiting for the best time to make an investment in real estate, it's time to make your move. The housing market has begun to shift, and the interest rates are expected to go up soon. So, if you would like your home to sell faster, list your property now for the best deals.  How Interest Rates Affect Real Estate Interest rates are a major determinant in the real estate industry. Slight changes in interest rates can significantly a ..read more
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3 Reasons to Invest in Grand Rapids Real Estate Today
The Sprich Group Blog
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3y ago
Are you on the lookout for real estate investment opportunities? Have you considered investing in Grand Rapids real estate? With an average population of 200,000 people, Grand Rapids is the second-largest city in Michigan State. The city shows more promise than other cities in the state, making it a prime area for investment. It has the following. A Strong Growing Economy with Suitable Employment Rates The housing market in the city is backed by a powerful and vibrant economy with low levels of unemployment. Grand Rapids' ever-growing economy with low unemployment rates attracts people f ..read more
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Why Is Interest Rate Important When Buying a House?
The Sprich Group Blog
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3y ago
Buying a house is a dream many people would like to accomplish. However, government policies change with the ever-changing real-estate sector and the dynamics of homeowners. Besides finding a suitable mortgage lender, the next considered factor is the interest rate. After the pandemic, the real-estate sector has been significantly affected, and most finance corporations like banks and commercial lenders have lowered their interest to encourage investments. However, a low-interest rate is like stealing money, and a rate between 6 and 8 is a healthy interest rate. Read more about interest rat ..read more
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Communication Skills and A Real Estate Agent
The Sprich Group Blog
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3y ago
Real estate is a people business. Your Grand Rapids realtor plays a key role in facilitating transactions. He’s also a guide and adviser to buyers, sellers, landlords, tenants, and many other parties. Therefore, it’s imperative that he is an effective communicator.  Ensuring good communication and transparency among all parties facilitates smooth real estate transactions. Your agent should also be able to orchestrate all the players involved to achieve a successful transaction.  Why Your Grand Rapids Realtor Needs to Be a Good Communicator Real estate transactions are characterized ..read more
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What Attributes to Look for in a Real Estate Agent
The Sprich Group Blog
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3y ago
Working with a real estate agent helps potential buyers and sellers navigate the entire process. Vast knowledge of how to undertake these transactions makes them a huge asset. Most people have little time to weed through endless potential buyers or do research about an area and its potential. A real estate agent who's properly trained and prepared already knows these details and can dramatically expedite the process and help make it as painless as possible. Knowledge of the Area and Current Market Conditions One of the main things to look for when choosing a real estate agent is how wel ..read more
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5 Tips For How To Sell Your Home
The Sprich Group Blog
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3y ago
If you're a homeowner that's never sold a home before, then the prospect of listing your house on the market can be quite a challenge. Unfortunately, selling a house is not as easy as just plunking down a for-sale sign in the front yard. There's a lot to do, especially if you want to receive fair market value for your property, not to mention to ensure that you sell your house quickly. The longer it takes to sell your house, the more expensive it will get for you -- especially if you've already moved and you're now paying for two mortgages. With that in mind, the following are five important ..read more
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4 Benefits to List Your House with an Experienced Realtor
The Sprich Group Blog
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3y ago
Whether a flat rate or percentage of the transaction, Grand Rapids realtor earnings vary from realtor to realtor. While the exact amount will vary, what you can be sure of is it will always be money well spent. A seller’s agent, also referred to as a listing agent, will represent and watch out for your best interests when you are looking to sell your house. A house sale has so many moving parts, and you may not be able to keep up if you go with the “sale by owner” option. This post will look at some top benefits you will enjoy by engaging a highly professional and experienced Grand Rapids ..read more
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4 Reasons Why It Is A Great Time to Buy A House in Grand Rapids, MI
The Sprich Group Blog
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3y ago
If you've been considering the purchase of a new home, there's never been a better time to do so here in Grand Rapids. The housing market is always in motion, and timing is crucial in finding not only the right house but finding the right house at the right price. If you're still not sure if you should pull the trigger on beginning your housing search, here are four reasons why it is a great time to buy a house in Grand Rapids, Michigan. 1. Record Low-Interest Rates Probably the best reason why you need to consider buying a home now in Grand Rapids is because of the record low-interest ra ..read more
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