Latest Articles

October 27, 2022

We get clients asking all of the time about how to hold title, and we usually refrain, this is important to tell your clients, but make sure you have a disclaimer! I have written about the stepped-up basis in the past, but today I want to talk about the stepped-up basis when one spouse dies. Step-up […]

October 25, 2022

Real Estate prices have dropped about 10% since the market’s peak early this year, caused mainly by interest rate increases. Most people feel interest rates will eventually fall in the next 6-24 months. So let’s look at what we are paying for now differently. A house selling for $900,000.00 at the market’s peak has likely […]

October 20, 2022

Sometimes I sit at my desk in the AM or PM and think of ways to skin a cat! Not a real cat, but a client, not skin them. Help them! OMG, you blow stuff out of proportion! I heard that interest rates are deterring some people at this time, and I think most of […]

October 18, 2022

I keep getting the same question, can my buyer assume the loan and rate the seller has? The answer is generally no, but there are a few exceptions. FHA will allow an assumption with a full underwrite by the assumption department, which will take 30-60-90 days, so good luck! VA will allow a Veteran with […]

October 13, 2022

I wrote about a 2/1 Buydown on rates a couple of months ago, but that was a different market, and I think this is an excellent loan now. It allows a buyer to take a lower interest rate for the first two years, then the loan is a fixed rate for the final 28 years, […]