With renters seeing steeply increasing rents and homebuyers presented with a mix of both housing affordability challenges and opportunities, how much home can you truly afford in today’s market? Knowing how much home you can afford is really the first step toward homeownership in today’s market. Although interest rates and prices may be bringing some […]
Making Home Ownership a Reality for All
Making home ownership a reality for all is possible. Buying a home is a symbol of the American dream, both as place to live and raise children and as an asset that can grow in value, provide future economic opportunities and grow generational wealth. Yet for many people, escalated home prices, increasing mortgage rates, inflation, and […]
Building Wealth Through Real Estate and Closing the Generational Wealth Gap
It is reported that in the U.S today 10% of the population holds 76% of the country’s wealth, and a major reason for that disparity is the transfer of wealth from generation to generation. In this blog we will look at how to build wealth through real estate and close the generational wealth gap. Generational […]
Are Interest Rates Too High?
Although a lower interest rate can help you save money through the life of your home loan, the rate you obtain is based on certain factors. Some of these circumstances are within your control and others are not. One of the greatest elements within your control is creditworthiness and the reduction of risk to the […]
Loans for Low-Moderate Income and Underserved Communities Bring Homeownership Within Reach
Today, for many people, it seems that higher home prices, rising mortgage rates, high inflation, and low inventory have pushed home ownership from within their reach. In fact, since 1980, median home prices have risen by more than double the percentage of the median family income and California was the nation’s least affordable major housing […]
How Can Realtors Use Creative Lending to Grow Their Business?
As the market changes, how can Realtors use creative lending to grow their business? Winston Churchill once reportedly stated, “Never let a good crisis go to waste.” These words have never been more important than in today’s real estate market. As all highly successful realtors know, great challenges can present amazing opportunities. As the market […]
Creative Financing for Exceptional Investors
Traditionally, the guidelines for qualification for investment property loans have been much stricter, with greater minimum down payment requirements, higher mortgage rates, and tougher employment history, debt to income ratio, credit score and history criteria. These made acquiring property loans for many investors difficult, if not impossible. In this blog we will look at creative […]
Uncovering the Hidden Advantages of Higher Interest Rates
Toward the end of last year, the Federal Reserve announced that borrowers could expect a series of rate hikes throughout the year in an effort to fight inflation and prevent the economy from expanding at an unsustainable rate. Although interest rates are key considerations for most borrowers, there are actually a number of advantages to […]
In the Realtor-Lender Partnership, What Does Your Lender Do for You?
Have you ever asked yourself, in the Realtor-lender partnership, what does your lender do for you? Undeniably, realtors who have a consistent list of strong prospective buyers and sellers have the greatest chances for success, and lenders and their realtor partners have strong reciprocal opportunities for business referrals. Lenders can be an important source of […]
Are You a First-Time Homebuyer in California?
If you’ve been considering homeownership, you’ve probably given a lot of thought to the many advantages, including the freedom to make the changes you choose to your property, the predictability of your monthly payments, the benefits of building equity and having a valuable asset, and the comfort and stability of knowing it’s yours. However, it’s […]