Tag Archive for: equity

Inflation: The One Reason No Buyer Should Get Cold Feet

Everyone knows there are many reasons to buy a home, including: (1) enjoying the pride of ownership; (2) locking in a low interest rate; (3) fixing your housing payment; (4) taking advantage of tax savings; and (5) building equity, among other things. But, most people do not appreciate how important real estate can be as […]Read More

Post Close Client Touches – Homebot Part II

“Hey Jay, Just wanted to let you know that I love this tool. Truth is I actually look forward to it. I like the perspective. Really good business idea. Keep it coming. Thanks! Nick” The above quote is one of many similar comments we get from our past clients in regard to Homebot. I blogged about […]Read More

Avoid Waiting To Buy A Home in California

The right time to buy a house is now! With rates continuing to rise and the California housing inventory that shrinks each day, the time to get into the market is now. Here are some reasons why buyers should consider buying now to avoid the cost of waiting. Rates have officially hit a 7-year high. […]Read More

Cash-Out Refinance in California

House values are continuing to increase across the state of California, and homeowners are now finding themselves with more equity in their homes. Many homeowners utilize a cash-out refinance to convert some of their equity into cash. What is a Cash-Out Refinance? A cash-out refinance loan refers to the refinancing of an existing mortgage into […]Read More

95% LTV With No PMI? LPMI Not A Good Deal.

Many lenders are again touting their 5% or 10% down loans with no private mortgage insurance (PMI). Almost all lenders (including JVM) offer this through a product called Lender Paid Mortgage Insurance (LPMI). With LPMI, borrowers take a higher rate in exchange for no PMI. Lenders get more yield premium or commission with the higher […]Read More

Young People Need To Buy Real Estate; No Better Time Than Now

We recently prepared for a very successful First Time Home-buyer Seminar (ask us for details) and we were surprised to find all the success stories in our database. The success stories all involved clients of ours who squeezed into properties when they were very young and who now have over $1 million in equity. These […]Read More