Answers by Allison Cassieri

I’m not a lender, but based on what you’ve shared, your fixed rate should remain at 4.75% for the life of the loan. The temporary buydown ends, so your principal and interest payment steps up to the amount based on 4.75%. A rate that adjusts would be associated with an adjustable rate mortgage. Your total payment could still change if taxes or insurance change. I’d call your lender to verify and give you peace of mind!

Yes! Look into a bridge loan or HELOC to access your equity before you sell. A good lender can help you determine which option works best for your situation and current market in your area. I've personally used a HELOC and many of my clients have. Some credit unions can make the funds available to you within a few days, but typically within a couple weeks.

Yes! Look into a bridge loan or HELOC to access your equity before you sell. A good lender can help you determine which option works best for your situation and your local current market.

Hi Rhonda, lowering your price once may be ok, but more than that you are sending the wrong message to the public. Depending on your contract with your agent, it might be best to take it off the market, take new photos/drone and re-list at the sweet spot.

If you want to close on your home in mid May and homes are selling quickly, you could always have your agent include in the additional provisions stating "the seller requires a post occupancy for X amount of time". This allows you to stay in the home after it closes to allow you extra time to pack or find a replacement home.