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 wooden model of houses sitting on top of a table.

What Past Recessions Tell Us About the Housing Market

By Kevin Brierton Team | January 16, 2023

Kevin Brierton – 1.16.2023 It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in-depth, let’s lean on the experts and what history tells us to see…

A group of people standing in front of a house.

Is It Time To Sell Your Second Home?

By Kevin Brierton Team | January 12, 2023

Kevin Brierton – 1.12.2023 During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by…

A bird 's eye view of houses and streets.

Today’s Housing Market Is Nothing Like 15 Years Ago

By Kevin Brierton Team | January 11, 2023

Kevin Brierton – 1.11.2023 There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities,…

A house shaped calculator sitting next to some blue yarn.

The Truth About Negative Home Equity Headlines

By Kevin Brierton Team | January 10, 2023

Kevin Brierton – 1.10.2023 Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening…

A woman holding a baby and another person with a tablet.

What Experts Are Saying About the 2023 Housing Market

By Kevin Brierton Team | January 9, 2023

Kevin Brierton 1.9.2023 If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023?…

A man sitting at a table with papers in front of him.

Understanding the Steps of the Homebuying Process

By Kevin Brierton Team | January 8, 2023

Kevin Brierton – 1.8.2023 So you’re ready to buy a house, but you aren’t sure how the whole process works. While each real estate deal is different and can vary in a multitude of ways, for the most part, buying a house is pretty straightforward and follows the same timeline. It’s important to keep a…

A picture of the city skyline with buildings and lights.

2023 Housing Forecast: What to Expect With Rates, Prices, and the Economy!

By Kevin Brierton Team | January 7, 2023

The U.S. housing market in 2022 was a rollercoaster. The year started with home prices at record highs and interest rates still closely holding the all-time lows that were set over the previous two years. This all changed in the summer of 2022 when rates began to tick up to the highest they had been…

A magnifying glass over the word " rental ".

How much does it impact your credit score to have your credit pulled for a new lease or rental?

By Kevin Brierton Team | January 6, 2023

Having your credit checked as part of the rental application process can potentially impact your credit score. Credit checks for rental applications are known as “soft inquiries,” which means they are not visible to lenders and do not affect your credit score. However, if you have a lot of soft inquiries in a short period…

A brown house with red shutters and white garage door.

3 Best Practices for Selling Your House This Year

By Kevin Brierton Team | January 5, 2023

Kevin Brierton – 1.5.2023 A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and…

A red brick building with fire escape stairs.

Avoid the Rental Trap in 2023

By Kevin Brierton Team | January 4, 2023

Kevin Brierton – 1.4.2023 If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the…

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!