Friday, March 30, 2018

The future of Real Estate is here...

Are you prepared to tackle this?
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Hi Kens, 
    Happy Friday and yes, March is going out like a lamb and I'm thankful.  I'm ready for Spring, warmth, sunshine, flowers and green...
    As you well know, there is a ton happening in the Real Estate Industry, and the same in the mortgage industry.  Besides fighting an inventory issue, there is much more to it.  
     Uber has a higher stock value than Ford Motor Company, yet doesn't manufacture cars.  Uber and Lyft have "disrupted" the age old taxi cab model that existed for so long.  Can the taxi cab industry continue to do business the way they always have and continue to exist and be profitable?  
      Check out this weeks short video, hear more and get some insight on this topic along with a "must-read" recommendation... all about the future of Real Estate... which is already here.  

To Your Success,

Ken Pederson and Your Home Buying Team at FAIRWAY

                                                 
Ken's Korner... Your source for news, tips, motivation and inspiration.


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Friday, March 23, 2018

Simple way to boost your productivity and effectiveness

And check out some of these changes in the lending world
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And check out some of these changes in the lending world

 

 

 

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Hi Kens,

    March, not quite closing like a lamb, a good little bit of the Lion's roar here!!  All good, pretty landscape, the sun is up and Spring is here!!
    Check out these brand new changes coming to the lending industry and... learn this very simple technique to improve your productivity and efficiency.  Your success is more about being productive and efficient opposed to being busy.  Everybody is busy these days... are you being productive and efficient?   Listen in on today's short video for this quick technique that anybody can easily implement.  
     And from all of us at FAIRWAY... we hope your Spring and 2018 are your best ever.

To Your Success,
Ken and Your Home Buying TEAM at FAIRWAY

 

      FAIRWAY is now servicing all VA loans closed!!
Ken's Korner... Your source for news, tips, motivation and inspiration.


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Friday, March 9, 2018

The market is asking for customization!

How does the rise in rates impact your buyers?
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How does the rise in rates impact your buyers?

 

 

 

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Hi Kens,

 

    Good Morning and Happy Friday!!
We all know mortgage rates have bumped up a good bit since the turn of the new year.  So what is the impact on your buyers.  Here is what we're seeing and hearing today, much different from just a few months ago. 
     More and more buyers are asking about and now paying "discount points" to buy down the rate.  
     More buyers are asking about ARM's.  
     As far as I know, all of our PreApproved clients are still looking.  Nobody has moved to the sideline.
     Conventional and JUMBO ARM's will become more common.
     First Time Home Buyer Tax Credits are even more valuable today than compared to yesterday, with the new Tax Reform.  

The beauty of rising rates is this.  It does push some buyers and sellers off the fence.  Sellers too recognize what is happening and I believe we'll feel a nice surge of new listings very soon... Opening the doors for more buyers and the market as a whole.
     Higher rates... we've seen them before, we'll see higher in the future.  Higher rates will impact payments and how much one can buy, however, they do not impact most buyers goal of buying their dream.  

To Your Success,

Ken and Your Home Buying Team at FAIRWAY

                                             
Ken's Korner... Your source for news, tips, motivation and inspiration.


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Friday, March 2, 2018

What's better than a Pre-Approval for Realtors?

The next step for home buyers...
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The next step for home buyers...

 

 

 

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Hi Kens,
    Happy Friday and just like the ode goes... March comes in like a lion and out like a lamb... We're feeling a bit of the lion's roar this morning!!
     As the mortgage industry continues to morph, more services, technology and resources are becoming available and here is the next service that we're providing to our clients... Real Approvals, for home shoppers.  Not just your normal Pre-Approval, we're offering real Approvals for home buyers.
     What this means for you and your clients.  Our underwriters will actually issue a commitment letter/approval letter for many of our buyers.  Income, credit and assets have been reviewed an approved.  All's we need now is an Agreement of Sale, appraisal and title work.
     * Buyers have even more confidence.
     * Speed to closing, if needed, is even faster now.  
     * Conventional, FHA and VA 
     * Stronger offers in a tight, competitive market 
     * Reduces stress on all parties involved... The tough part is over.
 

     Introduce us to your buyers, we'll do the rest!  And for those that are buying with a conventional, FHA or VA loan... We'll get them "Approved", ahead of time.  

To Your Success,

Ken and the Crew at FAIRWAY

PS:  Why settle for a Pre-Approval, when you can get a full Approval?

                                   
Ken's Korner... Your source for news, tips, motivation and inspiration.


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United States
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