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 appraisal gaps, tips for a greener home, and preparing your home for warmer weather. Read more on these topics below.

A New Solution for Appraisal Gaps

When a homebuyer applies for a mortgage loan, the lender will typically require an appraisal of the property to determine its value. If the appraised value of the property is lower than the agreed-upon purchase price, the lender may only be willing to loan the amount of the appraised value. Read more!

Five Tips for a ‘Greener’ Home

When summer heat hits, the increased demand for cool air can cause air conditioning units to be forced into overdrive. When you are ready to replace items and spaces in your home, take the opportunity to “go greener” in order to reduce energy costs. Energy-efficient homes and appliances not only affect the environment; they also affect your wallet when they increase your home’s resale value. Check out these five tips!

Prepare Your Home for Warmer Weather

Spring is here, and warmer weather is beginning to make its way across the country! Is your home ready for the heat of summer? There are several steps you can take to make sure that your home can withstand the weather that the coming seasons will bring.

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.