Thinking about buying a home without a real estate agent? In this video, I’ll walk you through the step-by-step process of purchasing a home on your own, including what to watch out for and how to protect yourself throughout the transaction. Here’s what you’ll learn: ✅ The pros and cons of buying without an agent ✅ How to find homes for sale (MLS, FSBO, auctions) ✅ How to make an offer and negotiate effectively ✅ The importance of getting a home inspection and appraisal ✅ How to handle contracts and closing paperwork ✅ The role of title companies and attorneys Skipping an agent can save you money on commission fees, but it also comes with risks. Watch this video to make sure you’re fully prepared to navigate the process confidently. 🔔 Don’t forget to like, subscribe, and hit the notification bell for more real estate tips! 📩 Need mortgage advice? Contact me at troberts@emortgagecapital.com 🏡 Looking for financing? Get pre-approved today: www.terryroberts.com #HomeBuying #FSBO #RealEstateTips #MortgageAdvice #BuyingAHome

Refinancing to a higher rate might sound crazy, but here’s the secret: it could save you THOUSANDS! 💸 If you’re stuck with high-interest credit card debt, using a cash-out refinance can consolidate everything into one lower-interest payment. Even at a higher mortgage rate, it’s likely WAY less than what you’re paying on those credit cards. Want to learn how this works? Let’s break it down! 🏡💳 #RefinanceTips #MortgageHacks #DebtFree #FinancialFreedom #MoneySmart

As a healthcare professional, you dedicate your life to caring for others. Now it’s time to get the care you deserve with the Homes for Heroes program! Here’s how it helps you when buying a home: 💸 Savings on closing costs and fees 🔑 Reduced real estate service fees 🏠 Discounts on home inspections, appraisals, and more 🙌 Special benefits just for our everyday heroes If you’re a doctor, nurse, EMT, or any other healthcare worker, you can enjoy exclusive savings while making your dream of homeownership come true! You’ve earned it—let’s get started today! #HomesForHeroes #HealthcareHeroes #Homeownership #RealEstate #BuyAHome #columbiamo

Getting the best mortgage financing terms can save you thousands over the life of your loan. In this video, I’ll break down exactly how to shop for a mortgage, compare lenders, and secure the lowest interest rates and best loan terms for your situation. What You’ll Learn: ✅ How to compare mortgage lenders and loan programs ✅ The impact of credit score on your mortgage rate ✅ Fixed vs. adjustable-rate mortgages: Which is better? ✅ How to negotiate fees and avoid unnecessary costs ✅ The importance of APR vs. interest rate ✅ Strategies to lower your mortgage payments ✅ VA, FHA, and conventional loan options explained Finding the right mortgage is just as important as finding the right home. Don’t overpay—watch this video to learn how to get the best deal possible! 🔔 Like, subscribe, and hit the bell for more mortgage and home-buying tips! 📩 Need mortgage advice? Contact me at troberts@emortgagecapital.com 🏡 Get pre-approved today: www.terryroberts.com #MortgageTips #HomeBuying #MortgageRates #HomeLoan #RealEstate

It's still just over 3 weeks away, but questions are already ramping up regarding the impact of the Fed's rate cut on mortgage rates. Here is exactly what the rate cut itself will do: NOTHING! The easiest way to understand why is to ask yourself how mortgage rates have been able to move down by more than 1.5% since late 2023 despite the fact that the Fed never cut rates during that time. The same principle works in reverse as well, as seen during the massive rate spike in early 2022 when mortgage rates moved 1.5% higher before the Fed ever hiked. Bottom line, by the time the Fed cuts in September, the financial market and mortgage lenders will have LONG since adjusted rates accordingly (and they arguably already have).

Timing is everything when buying a home, but when is the best time to buy? In this video, I’ll break down the key factors that influence home prices, mortgage rates, and market conditions so you can make the smartest decision when purchasing a home. What You’ll Learn: ✅ The best seasons to buy a home (and when to avoid) ✅ How mortgage rates impact affordability ✅ Market trends: Buyer’s market vs. seller’s market ✅ Economic factors that affect home prices ✅ Should you wait or buy now? Pros and cons of waiting ✅ How to negotiate the best deal regardless of timing The real estate market is always changing, but with the right strategy, you can buy at the right time for you. Watch this video to learn how to maximize your savings and find the perfect home! 🔔 Like, subscribe, and hit the bell for more home-buying tips! 📩 Need mortgage advice? Contact me at troberts@emortgagecapital.com 🏡 Get pre-approved today: www.terryroberts.com #HomeBuying #RealEstate #MortgageRates #HousingMarket #BuyingAHome

Thinking of waiting to buy a home until interest rates drop? 🏠⏳ While it might seem like a smart move, consider this: As demand builds up, home prices could actually increase in the future. This means that even if you snag a lower interest rate later, you might end up paying more overall due to higher home prices. Don't let the waiting game cost you more in the long run. Let's discuss if now might be the right time for you to buy! #HomeBuyingTips #RealEstateAdvice"

📈🏦 Why Won’t the Fed Cut Rates? | Understanding Monetary Policy 🏦📈 In today’s video, we dive deep into the reasons why the Federal Reserve might choose not to lower the federal funds rate despite ongoing reports of robust economic activity. With expert insights and clear explanations, we’ll explore how strong economic indicators like job growth, consumer spending, and inflation influence the Fed’s decisions. Find out why maintaining or even raising interest rates could be a strategic move to manage inflation and sustain long-term economic health. Tune in to get a better grasp of the complexities of U.S. monetary policy and what it means for your wallet! 👉 Stay tuned for detailed analyses and don’t forget to like, comment, and subscribe for more economic insights!

1️⃣ HELOC: • Flexibility is key! 🔄 • Use it like a credit card, but for your house! 🏦 • Interest only on what you spend! 💵 • Perfect for ongoing projects or as an emergency fund. 🛠️🆘 2️⃣ Cash-Out Refinance: • Lump sum magic! ✨ • Lower interest rates than personal loans! 💰 • Restructure your mortgage with potential tax benefits. 📉 • Ideal for big, one-time expenses. 🚗💍 🔍Which is right for you? Dive deeper with us!🔍 ✏️Tips, tricks, and financial wisdom straight to your feed.✏️ #HELOCvsRefinance #HomeEquity #FinancialFreedom #HomeImprovement #FinanceTips

Are you considering buying a home in California or already own one? If so, you need to pay close attention to your homeowners insurance premiums. Recently, insurance companies have been leaving the state for various reasons, and this trend could significantly impact your finances and homeownership experience. As you embark on your journey to homeownership, it's crucial to understand the implications of these developments. Here's why checking your homeowners insurance premiums is more important than ever: Impact on Your Finances: Homeowners insurance premiums directly affect your monthly expenses. With insurance companies leaving California or increasing premiums, your monthly payments could skyrocket. This unexpected financial burden can strain your budget and make homeownership less affordable. Higher Closing Costs: When purchasing a home, closing costs can add up quickly. Insurance premiums are a significant component of these costs. If insurance companies are raising premiums or leaving the state, your closing costs will likely increase. Being aware of these potential expenses beforehand allows you to budget effectively and avoid any last-minute financial surprises. Long-Term Financial Commitment: Buying a house is a long-term investment, typically spanning several decades. Your mortgage payments, including insurance premiums, are commitments you'll need to uphold for years to come. Therefore, understanding the trajectory of insurance premiums helps you make informed decisions about your financial future. Availability of Coverage: With insurance companies exiting California, finding adequate coverage may become more challenging. Remaining insurers may impose stricter eligibility criteria or offer coverage at higher rates. By proactively assessing your insurance options, you can secure coverage that meets your needs without compromising your budget. Consultation with Experts: Engaging with insurance agents or experts is crucial during the homebuying process. They can provide insights into the evolving insurance landscape, including potential premium hikes or changes in coverage availability. Consulting with these professionals empowers you to navigate the complexities of homeowners insurance and make well-informed decisions. In light of these considerations, it's imperative to take proactive steps to safeguard your financial interests: Evaluate Your Current Coverage: Review your existing homeowners insurance policy and assess whether it meets your needs. Determine if your insurer plans to remain in California and if any premium increases are imminent. Compare Insurance Providers: Research alternative insurance companies operating in California. Obtain quotes from multiple insurers to compare coverage options and premiums. Doing so enables you to identify cost-effective solutions without compromising on coverage quality. Budget Accordingly: Factor in potential changes to insurance premiums when calculating your housing budget. Ensure that you can comfortably afford your monthly mortgage payments, including insurance costs, to avoid financial strain. Seek Professional Guidance: Don't hesitate to seek guidance from insurance agents, real estate professionals, or financial advisors. They can offer personalized advice tailored to your specific circumstances and help you navigate the complexities of homeowners insurance. In conclusion, staying informed about homeowners insurance premiums is essential for anyone buying or owning a home in California. By understanding the implications of insurance industry trends and taking proactive measures, you can protect your financial well-being and enjoy peace of mind in your homeownership journey. Take the time to assess your insurance needs, explore available options, and make informed decisions that align with your long-term goals.

Are you diving into the home-buying journey? 🏠💫 Don’t overlook a crucial step - getting owner’s title insurance! Protect your investment from hidden risks like property disputes, unpaid taxes, and fraud that could pop up from the past. Title insurance safeguards your ownership rights, ensuring your home story has a happy beginning. 🛡️🗝️ Learn how this one-time purchase can secure your property rights and give you lasting peace of mind. Dive in to discover the safety net you didn’t know you needed! #InvestmentProtection #RealEstateInvesting #PropertyRights #HomeOwnership #PeaceOfMind

🏡💼 Unlock the secrets to homebuying in the age of remote work! From navigating hourly rates to understanding variable compensation, we've got you covered. Check out our guide for mortgage qualifiers diving into the world of remote employment! #Homebuying #RemoteWork #MortgageTips 📝✨ Are you drawn to the independence and tranquility of remote work? Working from the comfort of your own space can be a dream come true. However, if you're considering buying a home while working remotely, it's essential to understand how this decision can affect your mortgage qualification. Here's what you need to know: Occupancy Requirement: When applying for certain home loans like USDA, FHA, VA, and some conventional loans, the lender may require you to occupy the purchased property as your primary residence. If your intent is to work remotely from this property, it shouldn't pose a problem as long as you meet other criteria. Stable Income: Mortgage underwriters prioritize stable and consistent income. Whether you're paid hourly or receive an annual salary, demonstrating steady earnings is crucial. If you earn variable income through overtime, bonuses, or commissions, it can still count towards your qualifying income. However, you'll need to prove its stability over the last two years through documentation like tax returns and verification from your employer. Permission to Work Remotely: Underwriters may need assurance that you have permission from your employer to work remotely indefinitely. This typically requires a letter from your employer confirming your remote work arrangement. This documentation helps underwriters assess your ability to maintain your income stream while working remotely. Every individual's situation is unique, considering factors like job type, length of remote work experience, and income variability. It's essential to consult with a trusted lender to understand how your specific circumstances may impact your mortgage qualification. Contact Terry Roberts at TerryRoberts.com to get personalized guidance and ensure you have a reliable pre-approval. Avoid the frustration of a denied loan after investing time and money into the homebuying process. With the right information and support, you can confidently pursue homeownership while enjoying the benefits of remote work.

In recent times, the question of whether you need a realtor to buy a house has become more prevalent. There are various reasons behind this, with one of the primary ones being the rise of for sale by owner (FSBO) properties. Many home sellers opt to sell their homes without involving a realtor to save on commission fees, which typically amount to around 6% of the sale price. However, before diving into a home purchase without professional representation, it's crucial to understand the potential challenges and considerations involved, particularly from the buyer's perspective. Price Evaluation: As a buyer, determining the true value of a property is essential. Without the guidance of a realtor, it can be challenging to assess whether the asking price aligns with the property's market value. This is crucial, especially if you're planning to secure financing, as lenders will require an appraisal to ensure the property's value matches the loan amount. Navigating the Process: Beyond price evaluation, there are various logistical aspects to consider when purchasing a home without a realtor. These include negotiating terms of the agreement, scheduling inspections, choosing a title company, and coordinating with lenders. Without professional assistance, buyers may find themselves navigating these processes alone, potentially increasing the risk of oversights or misunderstandings. Mitigating Risks: One significant risk of buying a home without a realtor is the lack of protection and guidance throughout the transaction. For example, earnest money deposits, typically handled by a neutral third party like a title company, may become contentious if not handled correctly. Similarly, understanding the nuances of contract terms and contingencies becomes crucial to avoid potential legal issues down the line. Making Informed Decisions: While purchasing a home without a realtor is feasible, it requires careful consideration and thorough research. Buyers must assess the property's condition, evaluate comparable properties in the area, and weigh the potential savings against the added responsibilities and risks of handling the transaction independently. Conclusion: In conclusion, buying a house without a realtor is a decision that requires careful deliberation. While it may offer potential cost savings, it also entails additional responsibilities and risks. Whether you choose to proceed without professional representation or enlist the help of a realtor, it's essential to approach the homebuying process with diligence and informed decision-making to ensure a successful transaction. Contact me to learn more at www.terryroberts.com Terry Roberts, USMC Veteran | Sr. Loan Officer NMLS 397987 | Bell Bank Equal Housing Lender