The Sharpe Mortgage Team is committed to providing you each week with helpful information on topics such as the local market, home trends, homebuying tips, and more. This week we shared information on seller’s market, mortgage points, and fireplace and chimney care. Read more on these topics below.

What Does It Mean To Be In A Seller’s Market

In real estate, a seller’s market occurs when there are more interested buyers than there are homes for sale. Simply put, demand exceeds supply. This can occur for various reasons, including as a result of low interest rates, growth in the local job market, and development limits due to regulations or supply chain shortages. We rounded up some tips for both buyers and sellers on navigating the current market.



Paying Points On Your Mortgage

When considering a home purchase, your mortgage planner will take the time to review your goals and financial situation and suggest the best loan program for your needs. One of the things that may be suggested is paying “points” on your mortgage. Learn more about mortgage points and how you can benefit from them.

Fireplace And Chimney Care

As the temperature turns colder in the coming months, there are few things homeowners will likely enjoy more than curling up by the fireplace for a cozy evening. A gas or wood-burning fireplace is a welcome addition to any home, but there are several things you should undertake to make sure your fireplace and chimney are ready for use. Adhering to these guidelines will reduce risks associated with the use of fireplaces and chimneys in the colder months ahead.

Is there anything that The Sharpe Mortgage Team can do for you this week? If you’re interested in purchasing a home or refinancing your current home in Winston Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.