Saturday Strategy

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

Your No Excuse Budget

The biggest challenge when it comes to budgeting is getting over any emotions attached to how or why we spend our money.

I want to teach you the No Excuse Budget and how it can help you take control of your money and remove the guessing game.

TIP - Its very important that you do this with anyone that you share finances with ( for example your spouse ). Doing this process alone is impactful but it doesn't work to it fullest unless you complete this together if you have a significant partner in your life.  

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 house with paint swatches and tools on the floor.

Which Home Improvement Projects Are Most Likely to Increase Your Home Value?

By Kevin Brierton Team | February 8, 2022

According to two recent studies on this topic, here are the top home improvement projects that are likely to add the most value to your home: 1 – Landscape improvement 2 – Bathroom improvement 3 – Kitchen improvement 4 – New roof 5 – New windows 6 – New garage door 7 – New siding…

Two people sitting at a table with papers and a calculator.

Tax Deductible Items for 2021 Mortgages

By Kevin Brierton Team | February 8, 2022

Congratulations on your mortgage closing!  Here is a general overview of some information that may be helpful to you and your CPA as you prepare your 2021 tax returns (the return you’ll file by April 2022). NOTE: These items are only deductible if you itemize.  They do not apply if you take the standard deduction.…

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Two Ways to Be More Strategic With Your Credit

By Kevin Brierton Team | February 8, 2022

Your length of credit history looks at how long your accounts have been opened. This has a 15% impact on your score. The longer your accounts have been opened, the higher your score will be; newly opened accounts will bring your score down. Here are three practical steps for you to improve your score in…

A brown house sitting on top of the floor.

Should You Cash-out Your Home Equity to Buy a Vacation Home?

By Kevin Brierton Team | February 8, 2022

The main problem with cashing out the equity in your primary home to buy a vacation home is that you lose the tax deduction on the mortgage. Mortgage interest is only deductible if you itemize your tax deductions AND if the mortgage proceeds are used to buy, build or improve a “qualified residenceâ€. Here’s the…

A bar graph showing the cost of walking on 0. 5 % increase in mortgage rates

Cost of Waiting to Buy $30,000 Mistake

By Kevin Brierton Team | February 8, 2022

Just one year of waiting to buy a house could cost you tens of thousands of dollars (see charts). For example, a homebuyer considering a $250,000 home would lose $7,500 if home prices increase by 3% during that one year timeframe.  They would lose an additional $21,391 over the life of a $200,000 mortgage if…

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!