Real Estate Information Archive

Blog

Displaying blog entries 1-3 of 3

Make it a red, white, & blue summer!

by Adam Watkins

      I'm not sure about you and your family, but May is a month filled with so many tremendous annual milestones for our team and our families.  From birthdays, to weddings, anniversaries, and graduations, it's hard to believe that so much can occur inside of 31 days.  DeLois celebrated another birthday on the same day that Amelia and I marked an anniversary.  One of our dedicated team members, Lauren Lott, completed her undergrad degree in education at the University of Southern Mississippi (congrats, Lauren!); and DeLois' grandson, Robert, celebrated nuptials as well as his new bride's graduation in a single event they termed a "graduwedding."  They simply killed two birds with one stone! How's that for efficiency?  Anyone who knows Robert is not surprised by this creativity!  Perhaps he learned some of that from his grandmother?

      For me, May also included an annual pilgrimage to Washington, D.C., on behalf of the Mississippi REALTORS.  Many of you are aware of the additional work that the team allows me the opportunity to do in service to REALTORS and the real estate industry on the local, state, and national levels.  This journey of service is one that began in 2005 with my first serious efforts in association work on the local level, and it continues to this day in various capacities within our local, state, and national associations.  One of the most impactful efforts REALTORS make is our annual visit to the office of every Congressman/woman and Senator each May in D.C.  During our meetings we discuss the impacts of policy proposals and regulatory changes on the real estate industry and property owners in general.  This year, we focused on maintaining the availability of affordable flood insurance, protecting the tax advantages of owning a home, and preserving the integrity and liquidity of the secondary mortgage market through FannieMae and FreddieMac. Since housing and real estate comprises such a large percentage of the nation's economy, the overarching message to lawmakers was, "Do no harm to housing!"  As the nation's largest trade association, as well as the single entity dedicated to advocating on behalf of property owners, the message was delivered loud and clear once more as nearly 10,000 REALTORS filed into the Senate and House office buildings over the week of May 14 - 20. The effort continues on a daily basis through our Governmental Affairs teams at all levels of government.  The neat thing is, anyone can join our party - even you!  We call it the REALTOR Party because there is no political party affiliation - only the desire to support candidates who support and protect housing and property ownership rights.  I've included a few photos of events throughout the week, including meetings with Senators Cochran and Wicker as well as Congressman Palazzo.

      As you can see, being a REALTOR is far more than marketing and managing the sales of property.  On a larger level, it's becoming a caretaker of the American Dream and property ownership rights for millions of property owners nationwide. It's a role that we are honored to serve and proudly fill, and an opportunity to contribute to a high and worthy purpose.

      Speaking of American Dreams...let us not forget that if it weren't for the divinely inspired efforts of some very brave men and women some 241 years ago, the freedom of property ownership as we know it would not  exist.  It's part of the reason our team sets aside each July 4th to celebrate the birth of our country with all of our friends and past clients. This July 4th will be no different!  Go ahead and mark your calendars for our annual July 4th festivites being hosted at Canebrake Clubhouse between 11:00 and 1:00.  We invite each of you to RSVP and join us (more event info to follow in coming days).  The program is changing this year to feature the performance of  "Victory Belles" of the National WWII Museum in New Orleans.  We're excited to have secured them as special guests.  You won't want to miss it!

      As we stand on the precipice of Summer 2017, I can't help but be a little excited about the possibilities and celebrations of the season.  Our team stands ready to become part of those with you whether it be the purchase of sale of a new piece of property or simply joining together at our annual July 4th reunion.  Regardless, we are here and we are ready to deliver the power of a team to you and those you care about!

Make it a red, white, and blue summer!

Adam & Team

Father Figures

by Alisa Sewell, Buyer Specialist

     Human nature causes us to have a tendency to reflect on our lives and on the people who have impacted us in a positive way.  In the month of June, we honor fathers for the crucial role that they play in shaping their families. For many people, however, fathers are absent in the home, and other people step up to fill that role.  As I celebrate Father’s Day this year, it is not hard for me to remember the three important men who have encouraged, supported, and loved me unconditionally throughout my life:  Terry, Pete, and Ken.

     There was a picture of me as a preschooler standing next to a newlywed couple on the steps of a church.  I was supposed to be with my mom decorating the newlyweds’ car, but somehow I was drawn to the excitement happening in the front of the church.  The bride was my mother’s sister, Trish, and the groom was Terry, who became my uncle that day.  Early on, I felt compelled to hang out with him.  I loved to watch him work on cars, and he could fix most anything.  When I went off to college, he promised to look after my mother, who was recently divorced.  He kept my Volkswagon Beetle running, even putting new tires on it when I could not afford to purchase them.  When I asked how I could repay him, Terry assured me that making good grades in college was sufficient.  When I bought my first car after college, he was the one who helped me with my decision and negotiated with the car salesman.  Since Uncle Terry had kept my VW Beetle running all of those years, it was an easy decision to give him the car.  Being a great listener, Terry helped to fill a void in my life.  Whenever I was having troubles, he was sympathetic and encouraging.  He shared his personal stories helping me to view things from a male’s perspective.  When my big day came to walk down the aisle, I asked Uncle Terry to do me the honor of giving me away.  I cherish the fact that he filled in the gaps throughout my childhood and treated me like the daughter he never had.

     Another important man in my life was Pete, my father-in-law.  I began dating his son my junior year of high school.  Pete was a fun-loving person who always had a great story to tell.  He traveled extensively with his job as a furniture representative for the state of Georgia.  He never met a stranger and could relate to every person he encountered.  He was generous to a fault.  When I was driving back to college one weekend, he asked if I had any money.  He was not trying to embarrass me, but he was aware of my family’s tight financial situation.  He gave me twenty dollars with the stipulation that I did not have to pay it back if I ever had to use it, which is not standard procedure when a person receives a loan.  Of course, I used the money at some point, but, when I had a summer job, I stuck a twenty dollar bill in his shirt pocket while his hands were in a sink of dishes because I knew he would protest.  Possessing a sensitive side, Pete was the one to cry as his son drove off for college as a freshman, and he was the only one of our parents who shed a tear at our wedding.  Pete loved to laugh and to make others laugh.  He would never admit it, but he was the culprit who hired the entertainment who interrupted our wedding rehearsal dinner.  It was a PG-rated performance since the minister and his wife were in attendance.  The minister later was heard saying that he had never had more fun at a wedding rehearsal.  Pete loved his family dearly and showed it with his many acts of kindness.  His five grandchildren were the apple of his eye.  I cherish all of the fond memories that I have of him, and his legacy lives on in the hearts of his family and friends.

     It is hard to put into words how much this last man has impacted my life.  My husband, Ken, has been my biggest role model of unconditional love and support.  He possesses so many great qualities that won my heart in adolescence.  Ken and I attended school together from third grade through college.  When we began dating in high school, we discovered that Ken’s family had lived in the same neighborhood as my Uncle Terry and Aunt Trish when he was younger.  We vaguely remembered playing together in the neighborhood when I would visit my uncle and aunt.  It seemed our paths had crossed sooner than elementary school, and we were meant to share our lives.  Ken and I will celebrate twenty-seven years of marriage in July, and we are blessed to have our three children.  From changing diapers to teaching life-long skills, Ken has been a devoted father who has always been involved in all aspects of raising our children.  He has been faithful to be present at games, dance recitals, school programs, emergency room visits, but also he has made himself available when our children have needed him, such as speaking words of comfort and truth to mend our daughter’s first broken heart to accompanying our son out of state for his first job interview.  Ken has encouraged our children to follow their dreams and has instilled in them a strong work ethic by his example.  Following the role model set by his father, Ken loves his family dearly, possesses a great sense of humor, and believes the best of others. 

     I cannot imagine how my life would have been altered had I not had these three individuals in my life.  I am forever grateful for their positive influence.  I wish a Happy Father’s Day to all of the fathers and father figures who have made a difference in the lives of their families and of others.

Again… You Do Not Need 20% Down to Buy NOW!

by The KCM Crew

survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two major misconceptions that we want to address today.

1. Down Payment

The survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 40% of consumers think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 3% or less.

Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.

2. FICO® Scores 

The survey also revealed that 62% of respondents believe they need excellent credit to buy a home, with 43% thinking a “good credit score” is over 780. In actuality, the average FICO® scores of approved conventional and FHA mortgages are much lower.

The average conventional loan closed in February had a credit score of 752, while FHA mortgages closed with a score of 686. The average across all loans closed in February was 720. The chart below shows the distribution of FICO® Scores for all loans approved in February.

Bottom Line

If you are a prospective buyer who is ‘ready’ and ‘willing’ to act now, but are not sure if you are ‘able’ to, call The All-Star Team, REALTORS, will over 300 years experience and over 5,000 properties bought or sold, we can help you every step of the way.

 

Displaying blog entries 1-3 of 3

Syndication

Categories

Archives

Contact Information

The All-Star Team, REALTORS®
Bringing you home...again and again!
4 Willow Bend, Suite 2A
Hattiesburg MS 39402
601.545.3900
800.335.6477

The All-Star Team, REALTORS brings you over 200 years of accumulated experience along with the most innovative marketing strategies in the real estate industry. We specialize in the real estate properties located in Hattiesburg, Oak Grove, Petal, Sumrall, Purvis, Columbia, and the entire Pine Belt region. Put The All-Star Team, REALTORS® to work for you as you consider your next home sale or purchase. Experience the team approach to real estate and make us your REALTOR® for life! See how The All-Star Team, REALTORS® really is bringing the Pine Belt home again and again.