Real Estate Horror Story: The Ten Thirty-One Exchange Fiasco Hello there! Welcome back to another weekly video with Matt, your mortgage guy. You'll notice the setup's a bit different today—we're holding our mics because we're classy like that. Also featuring today are the lovely Nona and Bubba. The Complicated Case of a 1031 Exchange Today, […]
Hey everyone, Matt here, your go-to Mortgage Guy. Today, let's dive into the oft-overlooked pitfalls in the home buying process. 1. Skipping Pre-approval The first big no-no when purchasing a mortgage? Not getting pre-approved. You'd be shocked by the number of folks who plunge into house hunting before determining what they can feasibly afford. Don't […]
Today we're diving deep into the world of refinances. Let's unravel the mystery behind them and understand their significance. What is a Refinance? A refinance, in its simplest form, is paying off a current loan with another loan. This isn't limited to just houses; you can refinance cars, personal loans, and more. They're a powerful […]
Buying a home or simply exploring real estate can be an overwhelming process, especially when you're not equipped with the right tools. To simplify your journey, here's a rundown of some of the best free websites and tools available. From searching properties, understanding taxes, to making informed decisions about homes, these tools are a game-changer. […]
Hello everyone! It's Matt, your mortgage guy, and today we're diving deep into the world of interest rates. This topic is significant because it impacts your payments and overall mortgage experience. Government vs. Personal Rates: The Big Picture Interest rates have several determinants: Ever been tempted to ask, "Hey, Matt, how are rates today?" Well, […]
Hey everyone, it's Matt, your mortgage guy, back with another post! Today, we're delving deep into a topic that's been on many of our minds – Credit Card Debt. We're traveling back in time to its origins, gauging the current landscape, and arming ourselves with potent strategies to confront it. So without further ado, let's […]
IntroductionHello everyone! I'm Matt, your trusted mortgage guy. Are you eager to learn more about the multiple avenues available to make your home buying experience smoother and more cost-effective? You've come to the right place. Table of Contents The Charm of ChaffaAFR's Exclusive Down Payment AssistanceA Unique 100% Down FHA OfferPoints to Ponder: Weighing the […]
Introduction: Hello, everyone! I'm Matt, your mortgage guy. Today, we're diving deep into an exciting dimension of mortgages - creative financing. If your dreams revolve around owning a home or an investment property, this blog post is tailor-made for you. Understanding Creative Financing: What do we mean by creative financing? Think of it as an […]
While I often discuss the merits of buying primary residences and transitioning them into rentals through the nomading method, this approach isn't feasible for everyone. Today, let’s delve deeper into the dedicated investor's realm and understand the nuances of buying properties purely for investment. Key Considerations When Buying Investment Properties Higher Initial Investment: Unlike primary […]
Hello everyone, Matt your mortgage expert here! In today's blog post, we're going to debunk the myths and demystify the truths about interest rates. We're also going to examine the factors that actually influence interest rates and why these are important for you to understand. Section 1: The personal influencers of interest rates Interest rates […]
