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 the top real estate markets for 2022, the importance of a final walk-through, and the difference between APR and mortgage interest rate. Read more on these topics below.

The Top Real Estate Markets For 2022

Realtor.com created a list of the top housing markets for 2022 whose ranking is based on the combined yearly percentage growth in both home sales and prices expected in 2022 among the top 100 largest markets in the country. Find out which metro areas made the top of the list!

The Importance Of A Final Walk-Through

A successful real estate transaction is based upon taking the appropriate steps to make sure that the property you are buying is a good value and structurally sound. You will want to schedule a final walk-through of the home to confirm the condition of the home is the same (or better) as it was on the day that the offer to purchase was signed. Ask yourself these questions during your walk-through!

How Is APR Different From The Mortgage Interest Rate?

When shopping for a mortgage, it’s easy to become overwhelmed by the many numbers involved in the transaction. Two numbers that measure important costs within your loan are the APR and the mortgage interest rate. Here is what these terms mean!

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.