Yury Rodas’ Post

Ever stumbled upon the secret path of assumable mortgages? 🏡✨ It’s like inheriting a treasure map where the X marks a home with a loan you can take over! But not all treasures are for everyone. Here’s the scoop on assumable mortgages and why they might (or might not) be your golden ticket: 🔸 Types of Assumable Loans: Only FHA, USDA, and VA loans are up for grabs. Remember, you still gotta meet their criteria! 🔸 Buyer Benefits: Snag a low interest rate, dodge some upfront costs, and maybe even enjoy a shorter loan term. 🔸 Seller Sweetener: Struggling to find a buyer? An assumable mortgage could be your deal-maker in a tough market. 🔸 When to Walk Away: High interest? Home’s value skyrocketed? Or maybe the seller needs that VA benefit back? Sometimes, it’s better to chart your own course. Thinking of taking over someone’s loan or offering yours to sweeten the deal? Weigh the treasures against the traps. Got questions or want to share your assumable mortgage journey? Comment below! 💬 #AssumableMortgages #HomeBuyingHacks #LoanTakeover #RealEstateTips #FHALoans #VALoans #USDAloans ☎ Call us now (864) 397-5478 📩 Email carey.ty@gmail.com 🌎 Visit us: https://lnkd.in/d-tANgxY 📌Like us on FB: https://lnkd.in/dqBRYc8u 📌Follow us on IG: https://lnkd.in/dNYcseeG 📌Tweet us on: @TYtheREALTOR #TyCarey #HeatherCarey #SCRealty #SouthCarolinaRealtor #SouthCarolinaRealEstate #ourfathershousesrealty #dreamfindersteam

When considering a purchase of $1 million, it's important to keep in mind that you'll need a down payment of 20%, which amounts to $200,000. This means that you'll need to take out a mortgage of $800,000. In order to make this work, you'll need a household income of approximately $190,000. However, it's important to note that your existing debts may affect these figures and potentially limit your borrowing ability. We can help you get pre-approved today! #HomeBuyingTips #MortgageWisdom #FinancialPlanning #DownPaymentDetails #InterestRateFluctuations #realtor #HouseholdIncomeKey #HomeownershipDreams #FinancialFeasibility #DebtImpact #BorrowingCapacity #ApplyNow #PreApprovalProcess #ReadyToBuy #HomeFinancingJourney

You can’t make this up: 1. Median Mortgage Payment: $2,800 2. Median Rent Price: $1,850 It now costs nearly $1,000/month more to buy a house than to rent. Meanwhile, the average new car payment is now at $750/month. The average interest rate on a used car loan just hit a record 14%. All while credit card debt is set to cross $1 trillion for the first time ever with record interest rates of 25%. Basic necessities are becoming unaffordable for Americans. (Kobeissi Letter)

Less than 15% of Veterans have used their VA Home Loan Benefit. It's a shame that this is a real statistic. Just knowing that there's an 85% of Military folks out there who either don’t really know about the VA Home Loan Benefit or who have been shifted to another type of loan product—it's unfortunate. That’s a big segment of people. Huge, actually. They deserve better. Attention mortgage professionals & Realtors . . . . . . They are also your potential customers. There is a massive business opportunity here for you. If you have any questions about the VA Home Loan Benefit, send me a message. My goal is to educate the masses on this benefit & dispel any misinformation out there regarding it. #Mortgages #RealEstate #Housing #BryanBergjans