Between Two Brokers

Insurance rates have gone up a shocking amount for homeowners nationwide but especially for coastal properties. Stacy and Erin sit down with insurance agent Mandy Davis with Anderson Insurance to find out why this necessary expense has increased so drastically in the last 18 months. Listen in to understand what replacement cost is and how it is determined, how insurance companies pay out, and what factors go into pricing insurance premiums… think roofs, pools, polybutylene plumbing, claims history, even your credit score. Learn what you need to know about wind, flood, and umbrella policies and why being underinsured is a big risk!

Reach Out to Mandy: https://www.aiasc.com/

Today's episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage

Find Out More:

https://www.billpaynemortgagebanker.com

Stacy and Erin sit down with mortgage guru Bill Payne using the Charleston market as a case study to discuss the nationwide issue of housing affordability. How much are first time home buyers earning? How much are they spending on a home? Has credit card debt become more of an issue? Tune in to hear some things they advise first timers to think about before they make a decision, as well as options for parental help or a co-signer on a mortgage if they don't have the ability to do it on their own. If you are considering purchasing a home in Charleston under $1 million, buying your first home, or know someone who is - this is a quick and valuable episode that will give you a greater understanding of what the reality is for these buyers in today's market.

Got a question for Bill? Email us [email protected]

Today's episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage

Find Out More:

https://www.billpaynemortgagebanker.com

The girls discuss their latest challenges in the market including properties that don't offer deeded parking, properties with mold issues, recent flooding, and how to maintain your home to avoid surprises when selling during a home inspection. Erin shares how she hunted down a parking broker, a car club, and even a rentable parking spot for her buyer client. Plus, producer Lindsey hits Mortgage Guru Bill Payne with a burning question: How do you tap into your home's equity in this interest rate environment? With a HELOC or by refinancing? Also: tax advantages for opening an income-producing business on your property. Bill explains a cash out refinance versus a HELOC and when you should use either option.

Moira Kucaba is a Business Coach, Bestselling Author, Speaker, Mama, Belief Builder who overcame addiction and turned what she thought was her scarlet letter into her secret superpower. In this episode, Moira breaks down her process for how to become the high-earning entrepreneur you've always dreamed of being by sharing tangible tips that will lead to BIG changes in your life. The ladies discuss mindset, psychology, time management, comparison, rewiring your brain, and so much more. If you are a hard driving achievement junkie - this one's for you!

Work with Moira: https://moirakucaba.com/low-bottom-high-rise

Check Out Moira's Podcast: https://podcasts.apple.com/us/podcast/low-bottom-high-rise-with-moira-kucaba/id1607886350

Today's episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage

Find Out More:

https://www.billpaynemortgagebanker.com

Erin and Stacy provide a January market update, trade Airbnb horror stories, and how they've advised new agents coming into the business. They conclude with Erin's input on how buyer's should realistically think about potential rate drops this year.

Stacy and Erin sit down with mortgage guru Bill Payne and answer a listener question regarding an uptick in refinances. What's the smart move? Go ahead and refi or wait for rates to come down further? Bill discusses what he anticipates rates will do in the first and second half of the year, the cost to refinance, and when the best time to refinance is. He also tells you how to determine when you break even on a refi to decide if it is worth the cost.

Bill Payne is with First Home Mortgage and can be reached at 843-532-1392.

Erin and Stacy catch up and discuss Erin's maiden voyage to Paris! The girls also chat about the challenges presented by a new market and buyers and sellers with clashing expectations. Get advice on how to communicate with clients and fellow agents during the stressful process of buying and selling. Stay tuned for highlights from their 2024 Economic Outlook breakfast date as well as a listener question regarding how to prep an inherited property for sale.

(NOTE: This episode originally aired 2/21/23)

Smith Spencer Real Estate proudly presents the World Premiere of Between Two Brokers LIVE in front of a studio audience. The ladies interview the incredibly talented Jesse Vickers of JLV creative, Charleston's hottest interior design firm, and end the show with questions from the audience. The energy is electric in this episode and it covers business advice, interior design, leadership and more.

This Episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage

Find Out More by Going to: https://www.billpaynemortgagebanker.com

Episode 107: LIVE PODCAST with Jesse Vickers of JLV Creative