Saturday Strategy
Mortgage FAQ's, did you knows and much more...
New Build Financing Insights
In the current market, some new build lenders offer substantial credits to lower interest rates. While this may seem appealing, it's crucial to evaluate the long-term implications. We recently reviewed a client's loan estimate with nearly $40,000 in credits to reduce interest rates, but the home's price was only $380,000. Essentially, they were paying almost 10% more for the house upfront. Yikes! Check out this weeks Saturday Strategy Video
Check this out... the Annual Percentage Rate (APR) exists to reflect the true interest rate. In some cases, it can be deceptively high, around 11 to 13%+, due to excessive upfront costs.
Don't rush into decisions. The lowest rate with the wrong strategy can cost you thousands.
Understanding Mortgage Trigger Leads: A Guide for Homebuyers
Starting your journey to secure a mortgage can unexpectedly open the floodgates to calls, emails, and letters from various mortgage lenders. This overwhelming influx is often due to something called “mortgage trigger leads.” If it feels like your personal information is suddenly in high demand, you’re not alone. Many homebuyers find this practice intrusive. We’re…
7 ROUTINES TO MAKE YOUR DAYS MORE PRODUCTIVE
Follow a Regular Sleep Schedule. Getting a good night’s sleep is the first step to being more productive and accomplishing more in the day. Experts say waking up at the same time each day supports healthier sleep. Do Some Morning Tasks the Night Before. There are lots of little things to do in the morning before you…
5 REASONS BUYERS SHOULD JUMP IN NOW
The real estate market is shifting. Here’s why buyers should take advantage of those changes and get into the market right now. The inventory of homes for sale is growing. Conditions vary from market to market, but nationally the months’ supply of homes for sale has grown. We aren’t back to historic norms, but there…
Understanding the Current Housing Market: Why Home Prices Are Rising
The housing market has been a hot topic of discussion lately, with many experts and online commentators predicting an imminent crash. Despite these gloomy predictions, residential home prices have hit a new all-time median price record high in May and have been on an upward trend for 11 consecutive months. How is this possible? Let’s…
Maximize Your Real Estate Deals with Smart Occupancy Negotiations
HOWÂ SELLERS & BUYERS CAN BENEFIT SELLERS: ARE YOU NOT READY TO MOVE JUST YET? A seller may be reluctant to list their home for sale because they don’t want to be pressured to move out of the house right away. One way to avoid that pressure is to negotiate for a longer “occupancy” period. For example,…
TWO WAYS TO BE MORE STRATEGIC WITH YOUR CREDIT
THESE 2 TIPS CAN IMPROVE YOUR CREDIT SCORE BY UP TO 25% BE STRATEGIC ABOUT YOUR LENGTH OF CREDIT HISTORY 1 – 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…
Why You Want an Agent’s Advice for Your Move
No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You need insights from the pros to help you feel…
The Truth About Down Payments
The Truth About Down Payments If you are planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the homes price to put down. Well, that isn’t necessarily the case. Unless specified…
Building Wealth Through Real Estate: Understanding Homeownership as an Investment Strategy
For decades, the idea of owning a home has been a way of considering building up net worth and gaining financial growth and security. With the continuing and consistent rise of home values over the years, we can all take a lesson in caution. Investing in real estate requires careful consideration. For instance, how is homeownership a durable form…
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!