Breaking Free: Escaping the Refinancing Conundrum and Finding Your Dream Home
Three options homeowners have if they don’t want to sell in today’s market.
Are you a homeowner who wants to sell to move to a better house or improve your family’s situation, but you feel trapped because you recently refinanced at a low interest rate of 2.75% or 3%? If you were to sell, you would have to trade that for a higher interest rate of 6.75%, which doesn’t seem reasonable. If this situation resonates with you, know that I’m here to provide three options that may help you escape this predicament and transition to your dream home.
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video.
0:00 — Introduction
0:33 — Option 1: Become a landlord
1:53 — Option 2: Sell and reinvest to grow your portfolio
4:24 — Option 3: “Subject to”
If you have any questions about these options, don’t hesitate to reach out to me by phone call or email. I would be happy to help you find your dream home!
What You Need To Know About Banks and Interest Rates
Important information on the recent bank collapses and our market.
Have you heard that our country just went through the second and third-largest bank failures in history? Silicon Valley Bank and Signature Bank recently had to close down, which will affect real estate greatly. There is a lot of information floating around about this subject, so I am here today to help you understand it all and what it means for you.
Watch my full explanation in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
1:45 — My thoughts on the Business Journal article
3:00 — The Fed doesn’t want to be bullied
3:42 — Is there a window of opportunity for buyers?
6:08 — Two schools of thought that could leave you frozen
7:10 — Why it might be a good idea to act now
8:28 — Wrapping up
If you want help taking advantage of this opportunity and buying a home, don’t hesitate to reach out! You can call or email me anytime, and I would be happy to help you.