Rocky Mount Real Estate with Kathy Akers

Upstairs – Downstairs – Inside – Outside

Everything you see will please you.   Master bedroom on 1st floor; bonus room upstairs; fresh paint inside; fenced back yard.   Come see the rest this Sunday, January 23, 2011 between 2:00pm to 4:00pm.

Looking for something to do this weekend in Rocky Mount, then check out the Imperial Centre for the Arts for their family friendly events.

Friday night start with Ghostbusters on the lawn for Movie Night.

Saturday see Bugs in the playhouse – tickets are limited so check for availability.

Sunday join the Children’s Muesum staff for Super Why.

Check out the full schedule and details at the Imperial Centre website.

Open House this Sunday, July 25th from 2:00pm to 4:00pm at 917 Jason Court, Rocky Mount, NC.

This three bedroom, two bath home has plenty of cabinet space, a great room with a large fireplace, and an eat-in kitchen.   You will love the fenced in backyard and deck.   There is a wired workshop and basketball hoop to add to the outdoorscape.

Are you still on the fence about buying a home?   Did you not find a home in time to take advantage of the tax credit?   Don’t worry, now is still a great time to buy.   The Rocky Mount area has a large inventory of homes to choose from in all price ranges and the interest rates continue to be at an all time low; you can leverage more buying power today.

For example: let’s say you want to purchase a home for $100,000.00,  at a current interest rate of 4.5% for a 30 year fixed rate, your payment would be approximately $506.69 for principal and interest.   Taking the same purchase, but at a higher interest rate of say 7.25%, your payment would be $682.18.    What if you wanted to keep the payment at $506.69 with the 7.25% rate, then you could only purchase a home for $74,320.00.

Are you paying $800 to $900 in rent?   What if you leveraged that into a home loan,  approximately how much could you afford?   With an interest rate of  4.5% and a  payment of $900,  your loan amount would be  $177,625.00.   Does that open more possibilities for you in the home buying market?   Something to think about.  

Remember these  are examples only and the calculations do  not include down payments, closing costs, taxes, insurance and other fees.    Talk to  a mortgage professional today  for a clear picture of your buying power.

Tonight is Charm Night Out from 4:00 – 9:00 pm at the Dunn Center, Wesleyan College.   Ladies this event is for you.   You can shop, share, connect.   Admission is $10.00 at the door and allows you to shop and visit with vendors, see a fashion show, hear from Allison Sikes of Strategy Performance and partake of light hors d’oeuvres.   There will also be a cash wine bar.   See you there tonight.

Welcome to Kathy Akers’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Rocky Mount.