In Today's Podcast, you will learn about the two different types of Mortgage Lenders and the top 7 questions to ask your Lender before committing to the relationship.

Too many buyer's are influenced by the seductive interest rates advertizied on social media and websites. The truth is that an interest rate is based on many factors and is unique to each buyer and their circumstance. The best interest rate is the one that best fits a buyer's needs.

Here are 7 factors that you should ask you potential lender before you commit to a relationship and potentially choose the wrong financial packet or worse, lose out on the perfect home.

In today's podcast, my guest, Jackie Mosley and I, will dive into the topic of Delayed Mortgages and how both Home Buyer's and Investor's can benefit in buying desired properties and then building wealth with andelayed mortgage.

In South Florida, according to Florida Association of Realtors, 43% of all single family homes purchased in Broward County this year was with Cash. South Florida exceeds the National average in cash purchased properties. The National Average of homes purchased with cash is approximately 33%. What does this mean? It means that cash is still King is South Florida.

In this podcast we will define Delayed Mortgages, who benefits and how they work. We will also share life examples of various types of buyers, primary home and investors, who benefited from this option.

In this PodCast from SoFlo Real Estate Show, I will discuss Mortgage Escrows and the three benefits for homeowners. Mortgage escrows are optional to homebuyers and actually preferred by the Lender. The Lender, who actually owns the home, reduces risk when a homeowner has a mortgage escrow account for both property taxes and homeowner's insurance. Homeowners benefit in 3 ways; lower interest rates, peace of mind and financial planning.

In south florida, home ownership can be a bit pricey - if you are not prepared. Mortgage Escrows give you the flexibility to make monthly payments vs balloon payments at the end of the year when budgets can already be a stretched.

Learn more about what Mortgage Escrows, practices and their benefits. Hear real life examples with Guest speaker Julianne Dinda of Radius Financial Group.

In today's Podcast,my guest Arturo Sanchez of Guaranteed Rate Affinity and I, discuss the 3-2-1 Buy Down of an interest rate for a home mortgage. We will discuss what is a 3-2-1 Buy Down, what type of buyer can benefit from the 3-2-1 Buy Down, how the loan program actually works and more importantly, the risks of the loan program once the "honeymoon" period terminates. The permanent Buy Down loan program is discussed in comparison to provide a deeper understanding of the various programs.

With interest rates at 7.5% today and expected to touch 8% by the end of the year, Buyers are looking for a bit of relief and options to make the home loan more affordable. Buy Downs can provide that sought after relief. It is important for Buyers of homes to understand how the programs work, the benefits to a Buy Down and the challenges and risks.

For more information, reach out to Athena Chilicas Barrocas of Coldwell Banker Realty ☎️954-317-0463 or Arturo Sanchez of GRA 954-980-8887

In today's Podcast,my guest Arturo Sanchez of Guaranteed Rate Affinity and I, discuss the 3-2-1 Buy Down of an interest rate for a home mortgage. We will discuss what is a 3-2-1 Buy Down, what type of buyer can benefit from the 3-2-1 Buy Down, how the loan program actually works and more importantly, the risks of the loan program once the "honeymoon" period terminates. The permanent Buy Down loan program is discussed in comparison to provide a deeper understanding of the various programs.

With interest rates at 7.5% today and expected to touch 8% by the end of the year, Buyers are looking for a bit of relief and options to make the home loan more affordable. Buy Downs can provide that sought after relief. It is important for Buyers of homes to understand how the programs work, the benefits to a Buy Down and the challenges and risks.

For more information, reach out to Athena Chilicas Barrocas of Coldwell Banker Realty ☎️954-317-0463 or Arturo Sanchez of GRA 954-980-8887

In this podcast, The No Doc Rental Income Loan, you will learn step by step how to get rental income, investment property, loans to buy income property to build wealth in real estate. For Investors and first time buyers, this is the exact no doc income loan you will need to buy more investment properties.

Traditional mortgage loans do not work for investors due to the stringent requirements that investors can not meet. The No Doc Rental Income Loan is created to give Investors a way of leveraging assets to build more wealth through the acquisition of more rental income properties.

For investors, you will learn how you can refinance for better rates or cash out of the equity in your investment property to improve your current investment property or cash out to buy another rental income property. Buying rental income property is one of the best ways to grow wealth and build generational wealth.

Thank you to my guest speaker Danny Beydoun of FCM Home Loans

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Athena and her guest, Julianne Dinda of Radius Financial Group, share the top 5 reasons a home loan fails on Closing Day.

According to the National Association of Realtors, 72% of home loans close on time, 22% are delayed and 5% do not close. In this podcast, we will discuss the 27% risk and as a Buyer what you should know to avoid a lender refusing to fund on closing day.

A Lender continues to evaluate risk throughout the 30 to 45 days it takes process and fund a loan. Some of the reasons are out of the control of the Buyer. Some of the reasons are in the control of a Buyer. Athena shares examples and recommedations to stay out of trouble so that you can receive the keys to your new home.

Athena and her guest, Frank Walker of State Farm Insurance Agency, discuss why homeowner's insurance is so expensive in Florida. The show explores an historical perspective, factors that are imposing higher premiums, what is the role of Citizens , what are re-insurer agencies and their impact on premiums and lastly what you can do to ensure you are getting the lowest premium. Frank also offers advice to home buyers.

If you like this Podcast, remember to subscribe.

Athena Chilicas Barrocas, Luxury Property Specialist, South Florida

Frank Walker, Owner, State Farm Insurance Agency, South Florida

Athena shares the top 5 reasons why today's housing market is not the same as the 2008 housing bubble. Her guest, Danny Beydoun of FCM offers a perspective of the lending industry and history leading up to the crash, beginning with the collapse of Lehman Brothers. Athena goes further into debunking the media hype around the rush of foreclosures. Bottom line, if you are struggling with buying a home given all the media hype, this is a great podcast to hear a different perspective.

Are you thinking of buying a home but are worried that today's interest rates are too high and that you won't be able to buy the perfect home? Prior to the Unicorn Years of the post pandemic and prior to free money, Discount Points played a large role in helping buyers to reduce their monthly payment and pay less for their loan over the life of the loan. In today's podcast, Athena and her guest, Julianne Dinda of Radius Financial Group, share what are discount points, how they work and how they might help home buyers better qualify for the right loan. Athena also shares tips to shop rates. If you are thinking of buying a home, you may want to consider asking your loan officer about discount points.

If you would like Athena or Julie to provide more information, book an appointment by clicking link below:

https://calendly.com/athenachilicasbarrocas-realtor/30min