Ep. 32 - February Lending Update: Maximizing Buyer Opportunities
Are you a buyer or agent looking to get the best deal in the current real estate market? Do you want to advise clients on the smartest moves? In this episode, Daniel Halverson and I will share valuable strategies to capitalize on lower mortgage rates, negotiate smarter with agents, and utilize loan programs to find your dream home. Plus, we give insights into how current inflation readings could benefit the real estate market as they move closer to the Fed’s target of 2%. After today, you’ll have a confident understanding of the complexities and nuances of consumable loans in the real estate industry and strategies to help buyers make winning decisions.
Tune in to get discover how to maximize buyer opportunities in 2023!
[00:01 - 07:50] How agents and buyers can win the 2023 market from a negotiation standpoint (with a case study)
[07:51 - 13:48] Unraveling the myths and facts of assumable loans: get the facts before you buy or sell this year
[13:49 - 23:48] Navigating the challenges of assumable loans and the opportunity of stale inventory using renovation loan programs
[23:49 - 27:28] Inflation reading drops, indicating positive movement toward the Federal Reserve's 2% target
[27:29 - 33:19] Why you need to take advantage of lower interest rates now before June and how to do it
Quotes:
"2023 has an opportunity to be a really good market for people who are thinking at a high level—how can we use the current market dynamics to our advantage?" - Daniel Halverson
"Effort is the currency of your success as you move into 2023." - Quinton Harris
"Between now and June—that's our time. That's our time…! That's when you're going to get the best opportunity.” - Quinton Harris
Resources Mentioned:
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Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.
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