Blog
Understanding Property Tax Increases
Many home buyers have been facing a very challenging market over the past few years. The current supply of homes on the market just can’t keep up with the huge demand out there. It’s not uncommon for a home to come on the market and be sold in a matter of days after receiving multiple... Read More
Shop Talk – Webinar Series For Realtors
WOOOHOOO! I'm so happy to hear Realtors are back to work!!! Do you miss our Lunch & Learn events? Well, so do we and with the current situation, communication with you, our business associate, has never been more important. That is why we would like to introduce you to SHOP TALK! Please join us on Wednesday... Read More
Your Buyers Are Our Priority
Hey Realtors!!! If you haven’t heard rates are down, way down. . . Refinance transactions are going crazy and lenders are getting back logged. In light of the recent market and the surge in refinance business we have made some changes. Purchase have been and always will be our priority. I've tweaked my systems and changed... Read More
Lunch & Learn : Financing Investment Properties
Date: March 18, 2020 Time: 12:30pm to 2pm Location: GKAR - Greater Kalamazoo Association of Realtors 5830 Venture Park Drive Kalamazoo, MI 49009 Do you have clients interested in purchasing rental or investment properties? Would you like to have more information for them? Please join us for an informative look at the options available for... Read More
Lunch & Learn : Appraisals – Understanding the Residential Appraisal
We have an event coming up on July 16th 2019 at 12:30 at the Greater Kalamazoo Association of Realtors. Join us for an informative look to better understand the analysis of real property and the residential appraisal process. We will cover things like property condition, required repairs, how to comp properties, and the appraisal... Read More
How To Calculate Accurate Property Taxes
For those of you that attended our January 2019 Lunch and Learn you got a bunch of information about property taxes. How they are calculated, what the assessor looks at, how to dispute them, and so much more. I realized after the event we needed a little property tax math 101, so I made this... Read More
USDA Rural Development Expands Loan Eligibility to Existing Manufactured Homes
Great News! Home buyers looking to purchase a manufactured home can now do so using the USDA Rural Development program. That means buyers can take advantage of zero down financing and low mortgage insurance rates when the purchase a manufactured home. This is huge for the more rural communities in Michigan were there are many... Read More
2018 Real Life Property Tax Appeal – Michigan
Its that time of year! Property tax assessment notices are arriving in homeowners mailboxes all over Michigan. This is your once a year opportunity to appeal your property taxes and potentially save a lot of money. The appeal process can be overwhelming for homeowners so I wanted to break it down and give a real... Read More
Restoring History with an FHA 203k Renovation Mortgage
This is a story of a home owner who purchased a home with extensive fire damage. They brought this 1870's historic home back to life using a FHA 203k Renovation mortgage to complete all the needed repairs and more. A piece of Kalamazoo, Michigan's history has been restored!... Read More
Manufactured Home Loan Programs
Great news! It keeps getting easier and easier to finance manufactured homes. Here are four possible ways to finance manufactured homes! The basic programs that will work for manufactured homes are: FHA - 3.5% down FHA 203k Renovation - 3.5% down VA - 0 Down Conventional - 5% down Rural Development - 0 Down MSHDA... Read More
Latest Blog Post
HOW TO PROTECT YOUR MORTGAGE RATE WHEN CLOSING GETS DELAYED
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Are you under contract on a home with an expiring rate lock? Need a rate lock extension?
Yesterday, a buyer called me in a total panic. They locked in their mortgage interest rate 30 days ago while shopping for a home near the Westwood neighborhood. Everything moved along fine until the seller asked to push closing back by ten days to finish clearing out their garage.
The buyer asked me, “Jeremy, if our rate lock expires before we close, will our interest rate jump up? Will our monthly payment go through the roof?”
I told them straight up: “Take a deep breath! An expiring rate lock will not ruin your deal, and you will not lose your low rate!”
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