Hope Leitner, Realtor®, CRS

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...

You might have heard me say that it’s far more productive to focus on one thing 100% of your time with 100% of your energy rather than spending 10% of your energy and 10% of your time focusing on ten different things. That’s why I always ask the following questions. What is the one thing that I can get done in the next 30 days that will have the biggest bottom line improvement in my business over the next 12 months? The question I ask is: What is the one thing I can get done? Try that question on. What one thing can you get done in the next 30 days that will have the biggest bottom line improvement in your business over the next 12 months? Take some time to really think about the answer because this is where you’ll pour all of your energy and time into. If I was sitting next to you right now, I would act like a magnifying glass. I would have a clean yellow pad in front of us and I would write down these words, what is the one thing you can get done in the next 30 days that will...