Saturday Strategy

Mortgage FAQ's, did you knows and much more...

Bridge loan comparisons

We know many of you are navigating the tricky waters of selling one house and buying another. Whether you're considering this for your primary residence or investment properties, we have a solution that could be a game-changer.

Here's a quick rundown of the key points:

Bridge Loans Explained: Our Bridge Loan Program allows you to secure a loan on the house you're selling. This means you don't have to worry about leaving your current home or having a mortgage on it.

Investment Properties Included: This isn't just for your primary residence. It's also designed for investment properties, giving you flexibility and options.

Cash Buying Power: With this bridge loan, you can use the secured funds to buy your new property in cash. No need to identify your next home upfront.

Interest Rates Vary: Keep in mind that interest rates may vary based on factors like credit scores, so we'll work closely with you to find the best solution.

Not All Lenders Offer This: While this fantastic program is available, it's not offered by every lender. It's essential to do your homework and work with experts like us who understand the intricacies.

Check out are comparison I ran comparing a new first mortgage, 1st mortgage and HELOC and a bridge loan. --  https://mcedge.tv/46ed8o

P.S. Can I count on you to call us when any friends, family or coworkers are looking to buy, sell or refinance a home?  We'd love to help! You can just text/call me at 480.553.8770.

 

A woman standing in front of a window holding papers.

Where Are People Moving Today and Why?

By Kevin Brierton Team | August 14, 2023

Kevin Brierton – 8.14.2023 Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re prioritizing most right…

A group of people standing next to each other.

About 11,000 Houses Will Sell Today

By Kevin Brierton Team | August 10, 2023

Kevin Brierton – 8.10.2023 Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe,…

A woman holding papers and smiling for the camera.

The Value of an Agent When Buying Your New Construction Home

By Kevin Brierton Team | August 9, 2023

Kevin Brierton – 8.9.2023 Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can…

A house with a lawn and patio furniture.

There’s Only Half the Inventory of a Normal Housing Market Today

By Kevin Brierton Team | August 8, 2023

Kevin Brierton – 8.8.2023 Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a perk when you go…

A stack of coins with a small house on top.

Four Ways You Can Use Your Home Equity

By Kevin Brierton Team | August 7, 2023

Kevin Brierton – 8.7.2023 If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the â€˜unicorn’ years, you’ve likely gained more than you think. According to the latest Equity Insights Report from CoreLogic, the average homeowner…

A neon sign of the symbol for percent.

How Inflation Affects Mortgage Rates

By Kevin Brierton Team | August 3, 2023

Kevin Brierton – 8.3.2023 When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard to reduce inflation. And even…

A woman sitting on the side of a boat looking at her phone.

How To Know If You’re Ready to Buy a Home

By Kevin Brierton Team | August 2, 2023

Kevin Brierton – 8.2.2023 If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing…

A cup of coffee on the table

Sellers: Don’t Let These Two Things Hold You Back

By Kevin Brierton Team | August 1, 2023

Kevin Brierton – 8.1.2023 Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these…

A group of people sitting around each other.

Pricing Your House Right Still Matters Today

By Kevin Brierton Team | July 31, 2023

Kevin Brierton – 7.31.2023 While this isn’t the frenzied market we saw during the â€˜unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month and the average…

A group of people riding bikes down the street.

Homebuyers Are Still More Active Than Usual

By Kevin Brierton Team | July 27, 2023

Kevin Brierton – 7.27.2023 Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today. The ShowingTime Showing Index is a measure of how much buyers are touring homes. The graph…

P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!