callrealtorstacy

Custom built ranch home

/ Stacy Schnell

Call Stacy for your private tour today!

Realtor D: 856-364-0772

Introducing this beautiful new ranch home on the last buildable lot in this sought after East Vineland neighborhood. Situated on approx. an acre of land, this luxurious home will boast of OVER 2000 SQ FT of open concept living upstairs and an additional 2,000 SQ FT downstairs! Breathtaking home features 3 bedrooms & 3.5 baths and is loaded with contemporary luxury features and custom finishes throughout. Built on a gorgeous wooded lot that backs up to preserved land, Menanico Presersevation Trail. Five large windows were added across the back plus a deck for the new owner(s) to enjoy the serene views. The large & open kitchen is a chefs dream and features vaulted ceilings, granite counter tops, upgraded appliances, a large pantry, plenty of counter space, and tall cabinets plus a huge center island! The island is the perfect spot for casual dining or entertaining and will include the sink, dishwasher, extra storage & 6 available seats. Kitchen is tastefully finished with a breakfast nook area and opens up to the great room. There you’ll find a custom tiled fireplace, french doors with cathedral ceilings and modern black fixtures . The main bedroom features walk in closet, an additional closet plus the owner’s bath has a fully tiled shower and a double vanity sink. Laundry is located on the first floor for added convenience. 2 car garage features high sealings and plenty of room for extra storage, plus a paved driveway for more parking. French doors lead into the lower level living area from outside. Basement is fully finished and was built with superior walls & trusses for a more open concept, this way you can divide it and make the space work for your families needs. This awesome 35 by 70 ft space was built with a full bathroom and 2 egress windows so you can add 2 additional bedrooms and use the other half for a home gym or entertaining, the possibilities are endless! Inside and outside access. Septic upgraded to handle 5 bed home. Double French doors allow access to your backyard oasis from the lower level. Sod and sprinklers will be from back of home to edge of street across the entire property. Rear of property will be hydro-seeded. This beautiful home is a must see. Call today for your private tour. Seal the deal and begin the journey to your dream home!

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3 Things to spot during a final walk through

/ Stacy Schnell

The final walkthrough is usually one of the last steps in purchasing a new home. This is also the time when buyers and their agents must have a watchful eye as they check on the condition of the property before they head to closing and make everything official.

This excerpt from Realtor magazine. To read more click the link below;

https://magazine.realtor/daily-news/2019/11/26/3-things-to-spot-during-a-final-walkthrough

Visit my website anytime for more tips on buying and selling your home.

www.stacyschnell.com

Give me a call to see what your home is worth, invest in real estate or buy your new home!

Stacy Schnell
Realtor Salesperson –
Direct: 856-364-0772
The Scott Sheppard Team
Email: Stacy.Schnell@foxroach.com

Mortgage News – First Time Home Buyer

/ Stacy Schnell

First-Time Homebuyers Get a Break With Lower Mortgage Rates

(TNS)—Economic gurus got one part of the mortgage forecast for 2019 correct. We’re certainly seeing a volatile year for rates.

What they didn’t see coming: Mortgage rates tumbled in March, the biggest one-week fall in a decade. Now—instead of seeing mortgage rates edge closer to 5.25 percent, as some had predicted we’d see in 2019—we’re looking at an average 30-year rate near 4 percent.

The rate drop comes just in time for the spring home-buying season and will make monthly payments less expensive.

“This drop in rates is going to give the housing market a boost,” says Bill Banfield, executive vice president of Capital Markets for Quicken Loans. “It could help to make people come back into the market and consider buying a home.”

Mortgage rates have fallen by a full percentage point since late 2018. Going back four months or so, most forecasts weren’t expecting mortgage rates to drop as low as 4 percent for borrowers, Banfield says.

“This is a surprise to a lot of people,” Banfield says.

The average 30-year rate was 4.1 percent as of late March, the lowest rate since Jan. 2018, according to Bankrate.com data. But rates started to rebound a bit upward in early April. The average 30-year rate went back to 4.29 percent as of April 3, according to Bankrate.com.

By contrast, the average mortgage rate was 5.1 percent as recently as mid-November, which was a seven-year high, according to Bankrate.com. The average was hovering around 4.75 percent as 2018 drew to a close.

We’re talking about some real money here for homebuyers. Take a $200,000 mortgage. The mortgage payment for principal and interest would drop by about $120 a month if your rate is 4.1 percent instead of 5.1 percent on a 30-year mortgage, according to Greg McBride, chief financial analyst for Bankrate.com. For the mortgage alone, the payment would be about $966 month at the 4.1 percent rate. It’s sort of like getting more than one month free each year.

For a homebuyer who was priced out of the market last spring, the lower rates could help get them back in the game.

Being able to lock in a 30-year fixed rate near, or even below, 4 percent helps put some “wind in the sails of home buyers from an affordability standpoint,” McBride says.

The 30-year fixed rate mortgage remains the dominant loan for middle-class borrowers, particularly first-time home buyers.

This excerpt from :  RIS Media.com      TO READ MORE CLICK HERE 

Stacy Schnell Real