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Taking the Fear Out of the Mortgage Process

Five Minutes in Real Estate Podcast

Release Date: 11/04/2019

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Five Minutes in Real Estate Podcast

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Five Minutes in Real Estate Podcast

I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” – John Stuart Mill (1840s)

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To address a growing use of off-MLS listings, the National Association of Realtors® (NAR) Board of Directors voted 729-70 to approve a new rule affecting off-MLS listings, saying they must be submitted to the MLS within one business day after first marketing them to the public.

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Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:

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In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals....

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Five Minutes in Real Estate Podcast

The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long can this economic recovery last?

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According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.”

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Too many people think you can not hold real estate inside of your retirement account. You can! You can also invest in Real Estate Syndications inside of your retirement account. 

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Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market.

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Pensacola Real Estate Expert Shane Willis Discusses The Unrealistic Fear of The Mortgage Process

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.

Show Notes Visit:

https://www.shanewillis.com/podcast/taking-the-fear-out-of-the-mortgage-process/


To Get a Free Sellers Guide visit

https://www.ShaneWillis.com/Sellers-Guide

To Get a Free Buyers Guide Visit

https://www.ShaneWillis.com/Buyers-Guide

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