The maximum mortgage amount that Fannie Mae, FHA, and Freddie Mac will buy in 2023 is $726,200 nationwide and the high-value locations like San Francisco went to $1,089,300. This is for single-family homes. 2, 3 and 4 units are even higher. To find out the maximum in your area, go to https://conforminglimits.com
The “good” news for ending inflation is that the PPI is very low. Once the CPI calms down and the fed says that they are not increasing rates will be the next turning point. The question is will it lead to a recession. No matter what, it will lead to lower rates (and that is why …
How to make the numbers work. Transcription Fred: This is the rationale numbers-wise on why people should buy now and take a long-range look based on rates and equity. Fred:So let me just warn you, I’ve just done this with pen and paper. It’s not on a spreadsheet, but here’s what I’m figuring out. Last …
Market Conditions in your Area Transcription Fred: It is September 13th, 2022. And basically, the pandemic is over in most people’s mind, thinking that I’m not going to wear a mask anymore, I’ll risk it. If I get it, I get it because I’ve been vaccinated 72 times already, so I have enough strength to …
Fannie Mae: Lender must include a monthly payment in the borrower’s recurring monthly debt obligation, using one of the options below to determine this amount: 1% of the outstanding balance The actual payment listed on the credit report A calculated payment that will fully amortize the loan(s) based on the documented loan repayment terms. Loans that …
Interest rates and home prices Interest rates and home prices. What the media is not telling and why you should chill! arrivva is the leader in flat fee real estate transactions. https://youtu.be/uarLd7Cx0zo via @YouTube
If you pay attention to the media and real estate, they will tell you about slowdowns because of interest rates going up and other stuff. Not in California. It’s getting worse. The supply is not changing. But the supply of buyers is still going up. Even if you think prices are high, there are plenty …
Did you know in #california on the new agreement of sale, you must tell what stage your mortgage is in. If it is not fully underwritten, you are unlikely to get the bid accepted. Need a F U P A? Apply online and totally free with no obligation
If you are freaking out that rates went up while you are trying to buy a home, don’t. Stop looking at rates. You’re not writing a check to an interest rate. Look at the exact payments. If you don’t like it, here is help to lower the rate. One word- POINTS. Points are fees that …
We’ve invented something new. Learn how to use a swing loan. Even if you do not have a house to sell.
Realities of a Real Estate Crash It Ain’t Happening! Hi, it’s Fred Glick, talking today about what everybody’s thinking. When will the crash occur? We’ve seen the stock market have a little issue, then Bitcoin up and down. And the real estate slowed down, started back up, COVID, blah-di-blah. You can go through the news …
Realities of a Real Estate Crash It Ain’t Happening! Read More »
Why a 30 year fixed is the wrong mortgage for you. In the last few weeks, long-term mortgage rates have risen. The experts see a slowdown in the housing market. The culprit? The 30 year fixed rate. The stalwart of the mortgage business for a long, long time. This is the entry point for Americans …
Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.
We’ve invented something new. Learn how to use a swing loan. Even if you do not have a house to sell.
This episode gets deep into current market conditions and discusses Arrivva’s ways of combating the recent real estate slow down.
Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.
Price per square is the best and only way to figure out the price of VACANT, UNIMPROVED office space. In residential real estate, that is not the case
For the last couple of weeks, we have seen a slow down in the real estate market. The first place we noticed was in Piedmont. We lost a house 2 or 3 months ago in Piedmont that went for $700,000 over the listing price. It was insane. That was when the press started to show …
Should you buy a home with an all-cash offer? Fred explains how you can become a cash buyer when buying real estate. Arrivva has solved the remaining pain point for buyers who are being beaten out by all-cash offers. Reach out to Arrivva to discuss being an all-cash buyer and still having money left over …
Check out Fred’s YouTube video discussing his thoughts on why you shouldn’t buy real estate now.
Fred, Misty, and Breanna discuss disclosures pertaining to condos, planned unit developments, and Co-ops.
Breanna, Misty and Fred discuss the ins and outs of HOA’s, disclosures and much more in this transcribed episode of our podcast, “We Fixed Real Estate”.
A few months ago I started telling all my clients to go look at new construction as opposed to being one of 100 putting offers in on overprice property. That was good for a while and now it looks like the weight lists are getting insane.
Hey, it’s Fred. As you probably know, the real estate world in Northern California is Looney Tunes. And people are flocking now to new construction. I’ve been suggesting that for a while, but it’s starting to seep in that, hey, you gotta be crazy to buy in a resale market because the prices and the …
New Construction. Is it the right choice for you? Read More »
Change is happening my friend. From Redditors taking on the big dogs of Wall Street to Arrivva challenging archaic ways of Real Estate, the only thing constant is change.
In the podcast, Fred and Mistry discuss buying during a pandemic. Fred says that the first question he asks prospective clients is “Why are you trying to buy during the pandemic?”And the answer has been basically, “Hey, we’re in a one-bedroom apartment. We got one baby and another on the way we got to get …
At the beginning of March, we all know that the world sort of got shut down. At that time, I figured that the economy would take a dive and that no one would be buying real estate. Alas, the fact that qualified people were then cooped up in their 1-bedroom apartments with the walls moving …
Season 1 Episode 2 In this episode of We Fixed Real Estate, Fred and Misty breakdown their ideal client. They want you to be set-up for success which means pre-approved. Fred walks you through how to navigate the crazy California real estate market. There are a lot of cash buyers out there, let Fred explain …
Welcome to We Fixed Real Estate! Sponsored by Arrivva.com’s $8,750 Flat Fee. Fred Glick is the managing broker with lots of transactions, years in the business, mortgage knowledge (NMLS#133975), negotiation thrills, 4 broker licenses, and Misty McAfee, the co-host extraordinaire. We are here to help you prepare the perfect strategy to make sure you get the …
Update on SF market! What you want and need to know right now.
Every county in California has different paid fees based on the buyer or the seller on a real estate transaction. This will show who pays the title insurance, escrow fees, transfer taxes in both counties and cities. Here is a list by county in Google sheets that you are welcome to download.
No matter how much you think ethics are getting slaughtered in Washington State, our real estate agent friends have not lost a step. My buyers (who are using me because of my flat fee and a 5-star rating on Zillow) saw a home before we connected. The listing agent showed them the house and gave …
We do not do due agency deals. What’s that? That’s when the agent represents both the buyer and the seller and makes a DOUBLE commission. The number of deals that go to agents that do this is astounding. The number of states that ban it is pathetic, 3. Why should you care? If you are …
Commercial real estate is everything, not residential 1-4 unit owner and non-owner homes. That’s a lot. If you’ve been following either the company on Twitter or me, you would know that I am begging developers to look into converting office space to residential. It’s a DUH move. Solve your housing crisis. You can go from …
The office may be gone but commercial real estate lives on. Read More »
I swore by The New York Times calculator. It still is the gold standard. They had excellent help and great UI and UX. Have fun, go there and fill it in. Take a snapshot, then come back here. OK, forget about everything you just saw. It’s somewhere in 2021. We are all over the shock of …
Real estate prices are coming down—the most obvious thing on the economic planet. We don’t know how we will come out of this, but we do know that millions of people will not be able to work, companies are not going to generate net income like they used to. In other words, there will not …
The recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act places special requirements on companies that report your payment information to credit reporting companies. These requirements apply if you are affected by the coronavirus disease pandemic and if your creditor makes an agreement (called an “accommodation” in the Act) with you to defer a …
It’s March 29, 2020 and there’s a pandemic going on as you all know. For the real estate shopper pre-corona, there were digital fistfights for property all up and down the coast of California and the Seattle area. I lost deals with buyers paying over $250,000 easily over list prices and waiving everything. The …
Mortgaged Property Owner Solution to the Covid-19 Crisis Read More »
Let’s get this out of the way. The only reason real estate agent do an open house is to attract possible buyer clients for them without disclosing or compensating owners. This is the mechanism that makes the whole path happen. When an agent gets a buyer client from an open house, it costs them nothing. …
Yes, I can handle multiple buyers in multiple cities at the same time. I’m here to negotiate for you and doesn’t need to be in person anymore. All the signatures are done through docusign or other electronic means in the showing of a house is not a big deal that you need to have a …