Hope Leitner, Realtor®, CRS

Here’s a quick note to let you know how I can help you, or the person you feel comfortable introducing me to. Many of my friends, coworkers and family members have been telling me about their experience of being pushed and pulled in all directions. They call themselves the “Sandwich Generation.” Their homes have more people than space. You may know someone in one of the following situations who needs my help: 1.    Someone caring for aging parents while supporting and caring for their own children. 2.    Someone in their 50s and 60s, sandwiched between aging parents, adult children and grandchildren. 3.    Someone in their 30s or 40s with young children, aging parents, and perhaps even grandparents. 4.    Someone involved with elder care, special needs care, or sibling care. The one thing the people of the Sandwich Generation have in common is that they need more space. As you think about people who may need my help, feel c...

These hypothetical examples are illustrations for educational purposes only and are not an offer to lend nor a Good Faith Estimate. Examples are for a $250,000 home that rose to $275,000 with a rate increase from 4.50%/4.762% APR to 6.50%/6.95% APR on a zero point 30-year, fixed-rate loan with a 20% down payment, $4,000 in taxes and annual insurance of $580 for the "today" example and $638 for the "tomorrow" example. APRs are calculated using closing costs equal to 3% of the loan amount. Actual costs can be less, and actual rates are subject to change at any time. Qualification for any loan is dependent on individual circumstance and subject but not limited to employment/income, credit history and acceptable liquid assets to close. First time home buyers currently have a historical advantage with both low rates and prices. What happens when the trend begins to shift? You might not qualify to purchase the same house. Unless your income keeps pace with price a...