Saturday Strategy

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

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?

Bidding Wars Decline (But Remain Strong) During This Summer’s Home Buying Season

By Kevin Brierton Team | July 6, 2022

Your Guide to the Housing & Mortgage Markets 61% OF OFFERS IN TODAY’S HOUSING MARKET FACE BIDDING WARSSource: Redfin WHAT’S GOING ON IN THE HOUSING MARKET RIGHT NOW? Bidding wars declined in recent months from a high 71% of offers down to 61% of offers, according to Redfin data. Meanwhile, mortgage rates have jumped by over 2%…

A dining room table with chairs and a potted tree.

How Your Equity Can Grow over Time

By Kevin Brierton Team | July 6, 2022

Kevin Brierton – 7.6.2022 It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.†That’s great for your home’s…

A woman holding two children and smiling.

Is Homeownership Still the American Dream?

By Kevin Brierton Team | July 5, 2022

Kevin Brierton – 7.5.2022 Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the community,…

A group of people sitting around each other.

If You’re Selling Your House This Summer, Hiring a Pro Is Critical

By Kevin Brierton Team | June 30, 2022

Kevin Brierton – 6.30.2022 It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate…

A piggy bank with a small house on top of it.

Homeownership Could Be in Reach with Down Payment Assistance Programs

By Kevin Brierton Team | June 29, 2022

Kevin Brierton – 6.29.2022 A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment…

A woman is standing in front of the door.

A Key Opportunity for Homebuyers

By Kevin Brierton Team | June 28, 2022

Kevin Brierton – 6.28.2022 There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have…

A bird 's eye view of houses and trees.

Two Reasons Why Today’s Housing Market Isn’t a Bubble

By Kevin Brierton Team | June 27, 2022

Kevin Brierton – 6.27.2022 You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in…

A white house with two garage doors and a driveway.

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

By Kevin Brierton Team | June 23, 2022

Kevin Brierton – 6.23.2022 If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month…

A man carrying his son on his shoulders.

Things To Avoid After Applying for a Home Loan

By Kevin Brierton Team | June 22, 2022

Kevin Brierton – 6.22.2022 Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to…

A stack of coins with a house on top.

The Average Homeowner Gained $64K in Equity over the Past Year

By Kevin Brierton Team | June 21, 2022

Kevin Brierton – 6.21.2022 If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s…

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!