Saturday Strategy
Mortgage FAQ's, did you knows and much more...
How Realtors and Clients Are Benefiting from Renovation Second Mortgage
Here’s the big idea:
Imagine helping your clients unlock renovation funds without touching their ultra-low first mortgage rate. Using a special second mortgage product, they can tap into future appraised value — not just current value — after they close.
✅ No need to delay closing for contractor bids or architectural plans.
✅ Helps buyers get into homes that might need future updates (think growing families!).
✅ Great reason to reach out to your database and re-engage past clients.
Action Steps for You:
- Identify buyers who love a home but wish it had “one more bedroom” or “bigger kitchen.”
- Reach out to past clients sitting on home equity who might want upgrades.
- Share this video with anyone you think could benefit!
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.
Should You Still Expect a Bidding War?
If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in 5 homes (20%) nationally…
Home Sales Rebound as Buyers Gain Leverage
Inside Lending, Week of August 25, 2025 QUOTE OF THE WEEK “A rich person is nothing but a poor person with money.”—W. C. Fields, American actor, comedian, juggler, and writer NATIONAL MARKET UPDATE Existing Home Sales rose 2% in July, and posted an annual gain for the first time since January. The National Association of…
From Frenzy to Breathing Room: Buyers Finally Have Time Again
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it –…
Condos Could Be a Win for Today’s Buyers
Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in. For first-time buyers, they can be a smart way to get into homeownership without stretching your budget. For downsizers, they offer less…
Buyer Demand Stays Strong as Prices Cool
Inside Lending For the week of AUGUST 18, 2025 QUOTE OF THE WEEK “Time is nature’s way of keeping everything from happening at once.”—John Archibald Wheeler, American theoretical physicist NATIONAL MARKET UPDATE Buyers are plenty active. The Mortgage Bankers Association reported applications for purchase mortgages ticked up on the week and are coming in at…
More Contracts Are Falling Through. Here’s How To Get Ahead.
When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and how to avoid…
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Mortgage rates are still a hot topic – and for good reason. After the most recent jobs report came out weaker than expected, the bond market reacted almost instantly. And, as a result, in early August mortgage rates dropped to their lowest point so far this year (6.55%). While that may not sound like a…
Are These Myths About Buying a Newly Built Home Holding You Back?
If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity. Myth 1: New Homes Are More Expensive It’s easy to assume a new build will cost…
What You Need To Know About Concessions
What Is a Seller Concession? A concession is something a seller offers to make their home more appealing to potential buyers. Common examples include: These incentives can help bridge the gap between buyer expectations and your selling goals. More Inventory = More Competition for Sellers With more homes on the market, buyers have more options.…
Online Home-Buying Search Terms Recently Hit 2-Year High
Believe it or not, there are clear signs buyer interest is heating up again. Let’s talk about what’s really going on behind the scenes, and why the housing market might not be as quiet out there as it seems. Buyers Are Looking, and Search Trends Prove It One of the clearest ways to measure what…
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!