5 Nov 2024 11/5/24 – Helping Adult Children Buy Homes: ... Many of you have clients or know families where adult children live at home or rent in expensive areas. With home prices still high, affordability is a big challenge. And let’s be honest – renting is waste of money unless they rent from me. When parents have home equity that can be leveraged to help […] Share on Facebook Share on Twitter
31 Oct 2024 10/31/24 – Bridge for New Construction I heard that about 20% of the listings on the MLS in Santa Clarita are new construction, and builders are very controlling and generally give a credit if a buyer uses the in-house lender. Sometimes, the rates are inflated to cover the cost of the credit, and other times, the builder’s lender needs the loan […] Share on Facebook Share on Twitter
29 Oct 2024 10/29/2024 – Can you sell before 2 years? Thank you to those of you who made it to Oktoberfest this year! It was another great turnout, and we had lots of fun. We have been doing Oktoberfest for nine years, and we hope you can make it to celebrate 10 years of Oktoberfest and 30 years at Augusta Financial. Yesterday, I got […] Share on Facebook Share on Twitter
24 Oct 2024 10/24/24 – Some info on Fix and Flips I have been getting requests for fix and flip or fix and rent properties lately, so I wanted to let you know how they work. I will start with each of these loans being unique and based on the home’s ARV (After Repair Value). Once we have a home in place, we look at […] Share on Facebook Share on Twitter
22 Oct 2024 10/22/24 – American Debt I was looking for some inspiration this morning and I looked over what I wrote two years ago! People believe that interest rates will fall in the next 6-24 months. Inflation is no longer the big story, and the economic news is coming in strong, but I really don’t understand why rates are again at […] Share on Facebook Share on Twitter