Some markets are seeing homes sell very quickly while other properties continue to languish on the market. Are these homes diamonds in the rough, ready for a a remarkable remodel...or are they money pits, laying in wait for unsuspecting buyers? They key is to investigate the true reasons why properties don't sell, and which have rehab potential. Share with your buyers!
Focusing on lending, this blog is a great primer for those considering a home purchase. You can include information from your lender or about lending requirements in your area for different types of loans.
Changing interest rates can mean paying $10,000, $30,000, even hundreds of thousands more for a loan. Today's low interest rates are an opportunity that may not come along again for quite a while, but the time to take action is now.
Today’s buyers and move-up sellers face big challenges to getting the right financing to buy. Denise and branch manager Drew Ebner of Revolution Mortgage take a deep dive into creative financing solutions that buyers who need a loan should consider.
Appraisals and financial issues are notorious for causing transactions to fall apart. When a property doesn't appraise for the sale price or when financing falls through, it can be deal-killing setback. From understanding the appraisal process to working closely with lenders, you'll learn valuable techniques to manage and overcome these challenges.
Drew Ebner, friend of the show and licensed Washington State senior loan officer at Guild Mortgage, returns to Denise Live. Join us for his expert knowledge, advice for both buyers/sellers/agents, and how the lending world is pivoting to address higher interest rates and their impact on buyers.
This month in Market Survival Guide: reading beyond the headlines, inflation progress and fed walks back interest rate cuts predictions a little, VA loan updates, Federal Reserve forecast criticisms in the media and impact, mortgage rates continue down, housing market economic analysis, regional markets, new construction, housing affordability and inflation, SFR Permits update, economic news, consumer price index, employment, opportunities for real estate agents, and answers to your questions.
Homeowners with Adjustable Rate Mortgages are out there and preparing for rate adjustments requires advanced preparation - if the homeowner is to make a wise financial move. This article discusses how to understand ARM loans and what homeowners should do if they are in this situation. Potential homeowners will also find this educational for understanding how an ARM loan works.
While we always suggest conferring with a financial specialist, letting your clients know that you have investing know-how will impress even your most analytical homeowner. We have included a link below to our Future Value Calculator - a very cool tool for tracking your own investments or showing homeowners how their home investment can build over time.
Mortgage interest rates have declined from their October 2023 high. What should potential homebuyers do to get ready for further declines? Share some tips for getting started with this article (and customize to fit your local needs).
Today’s buyers are feeling the pinch! Between rampant price increases, rising interest rates, and competing buyers driving up offer prices, buyers may easily be short on cash. If your buyer needs to find more money for their offer, this article includes a few options to consider. We recommend that buyers review these options with their lender, financial advisor, possibly an accountant as there may be taxable implications.
Regardless of whether a homeowner is working to get their property Listing Ready or just want to make some improvements in order to enjoy their home, they may need to look at financing options. What options do they have? Plenty!
Mortgage Interest Rates are in the news...but what out-of-the-box solutions can you provide? This infographic and social media post contains some compelling thoughts on mortgage solutions that aren't necessarily top-of-mind.
Would-be buyers may have forgotten about the various loan options out there, but this is a great time to remind them!
This infographic actually contains FOUR infographics that you can upload to social media as a carousel.
The monthly and overall cost of borrowing is controlled by four variables. This infographic highlights these four variables.
Mortgage rates are on most buyers' minds - those who are buying with a mortgage, that is.
In this dynamic real estate market, lenders are offering historically low interest rates and are facing a deluge of applications. However, in this rapidly-escalating market they are being cautious on who they lend money to and are making sure all buyers are qualified and capable of affording their loan. This article addresses steps buyers can take to have an edge.
Potential sellers in your mailing list seeking top dollar in today's housing market will appreciate an overview of funding options that may be available to them.