Saturday Strategy
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Beware of Homeowner "Final Notice" Letters... Read the fine print
I recently received a call from a past client who received a letter similar to this one. Unfortunately, I was unable to prevent them from paying for a home warranty they didn't need.
I want to caution you about letters that arrive in the mail and use scare tactics to prompt action. These third-party entities may attempt to sell you unnecessary life insurance, home warranties, or even charge you for a copy of your deed of trust. In this week's Saturday Strategy video, I will share an example of a mailer I recently received.
It is crucial to carefully read the fine print and remember that you can always send us a photo of the mailer to obtain our opinion before taking any action.
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.
* Did you know we can finance in 45 states?
📈 Mortgage Applications Surge 25% Year-Over-Year 🏡
Inside Lending – For the week of JULY 14, 2025 QUOTE OF THE WEEK “It’s a strange world of language in which skating on thin ice can get you into hot water.”—Franklin P. Jones, American journalist NATIONAL MARKET UPDATE The Mortgage Bankers Association (MBA) reported purchase mortgage applications surged 9% on the week, to the highest…
The Truth About Where Home Prices Are Heading
Thursday July 11th, 2025 There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Yes, in some…
Selling and Buying at the Same Time? Here’s What You Need To Know
Wednesday July 10th, 2025 If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first: Ultimately, what’s right for you depends on a lot of factors. And that’s where an agent’s experience can really help make your next step clear. They know your…
Multi-Generational Homebuying Hit a Record High – Here’s Why
Multi-Generational Homebuying Hit a Record High – Here’s Why Monday June 30th, 2025For Buyers,First-Time Buyers,Affordability,Buying Tips Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the…
🏡 Buyer Leverage Grows as Price Cuts and Inventory Rise 📉📈
Inside Lending For the week of JULY 7, 2025 QUOTE OF THE WEEK “Cure for an obsession: get another one.”—Mason Cooley, American aphorist NATIONAL MARKET UPDATE Residential construction spending slowed a trifle in May compared to the revised estimate reported for the month before. Homebuilders are curtailing spending as they focus on completions to meet…
What You Should Know About Getting a Mortgage Today
Monday July 7th, 2025 If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong. Lenders are making it slightly easier for well-qualified buyers to access financing, which is…
Think No One’s Buying Homes Right Now? Think Again
Thursday July 3rd, 2025 If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell? Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few years ago, but that’s not a…
Why Big Investors Aren’t a Challenge for Today’s Homebuyer
Wednesday July 2nd, 2025 Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is –…
Top 5 Reasons To Hire a Real Estate Agent When You Sell
When it’s time to sell your home, hiring a skilled real estate agent can be the smartest move you make. While selling on your own might seem tempting, having an experienced agent in your corner can help you sell faster, for more money, and with fewer surprises along the way. Here are the top five…
📈 More Jobs, Higher Wages, and a Shift Toward Buyers 🏡
Inside Lending – For the week of JUNE 30, 2025 QUOTE OF THE WEEK “Those who expect to reap the blessings of freedom, must undergo the fatigue of supporting it.”—Thomas Paine, English-born American Founding Father NATIONAL MARKET UPDATE The National Association of Realtors (NAR) reported Existing Home Sales rose in May, and for the second…
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!