Jennifer McCain’s Post

🏡 Myth Buster Alert! 🏡 Wait to buy a house until the interest rates drop This is something I hear often from clients. This common belief is high ranking. However, this could be a costly misunderstanding. 🏡💡 🔍 Here's why: Market Timing is Tricky: Predicting the exact moment when interest rates will fall is very difficult. The real estate market fluctuates due to so many factors, making it nearly impossible to time your purchase perfectly. Rising Home Prices: While you wait for lower interest rates, home prices could continue to rise. A lower interest rate might not compensate for the higher home prices you'll face later on. Refinancing Options: If interest rates do drop after you purchase your home, refinancing is always an option. This allows you to take advantage of lower rates without delaying your initial purchase. Remember, there's no "perfect" time to buy a home. The best time is when you are financially prepared and ready to make the commitment. Take control of your homeownership journey today! Me and my expert team are here to help you navigate the market and secure the best mortgage rates available for you. Don’t let myths hold you back – let’s make your Colorado home dream a reality! We Make Home Happen 👉 Contact us today to get started! 📞720-425-5090  https://lnkd.in/ga9RErn9 #HomeBuyingMyths #ColoradoRealEstate #MortgageAdvice #HomeBuyingTips #DreamHome #InvestInYourFuture

🏡 Myth Buster Alert! 🏡 You should wait to buy a house until you can afford your forever home Waiting to buy until your dream home comes along? Here are three key reasons why this might not be the best strategy♟: 1️⃣ Buying a house now can lead to building equity: Purchasing a starter home allows you to begin building equity sooner rather than later. Real estate often appreciates over time, and owning a home means you're investing in your financial future rather than paying rent. You could be missing out on years of potential equity growth and the financial stability that comes with homeownership. 2️⃣ Life situations and needs change: How you define a dream home might change over time based on your personal circumstances. Career changes, family growth, or lifestyle shifts are just naming a few. Buying a starter home provides flexibility to adapt to these changes. Purchasing a more affordable home first can teach valuable financial discipline and provide insights into homeownership responsibilities, preparing you better for owning and managing your dream home in the future. 3️⃣ Market Rates Can Fluctuate. We have seen that mortgage interest rates can fluctuate significantly. Waiting for your dream home might mean that you end up buying when interest rates are higher, making your dream home more expensive in terms of monthly payments and total interest paid over the life of the loan. Luckily, there is the option and opportunity to refinance once interest rates have become more manageable. Give me a call and let me tell you what loans and financing you qualify for now and in the future. We want to partner in your dreams and help them come true. We Make Home Happen 👉 Contact us today to get started! 📞720-425-5090 or contact me at 🌐https://lnkd.in/ga9RErn9 #HomeBuyingMyths #ColoradoRealEstate #MortgageAdvice #HomeBuyingTips #DreamHome #InvestInYourFuture

🏡 Myth Buster Alert! 🏡 Buying a Fixer upper will save me money Thinking about a fixer-upper? While it has potential, be aware of the financial risks. Let's talk about the reality of the situation: ❗️You can experience unexpected renovation costs: Hidden issues like structural damage or mold can be very expensive to fix. ❗️You could blow your renovation budget: Renovations often exceed budgets due to unforeseen complications. ❗️It takes a lot more time than you thought: Renovations can be time-consuming, leading to higher living expenses if you need to rent another place. ❗️Higher Interest Rates on renovation loans: Renovation loans can come with higher interest rates, increasing borrowing costs. ❗️Loan Limitations can really strain your finances: Some lenders have strict requirements, which can strain your finances. While fixer-uppers can offer savings, they also come with significant risks and potential costs. We have only named a few. Do thorough research, budget carefully, and be prepared for setbacks. 🛠️🏠 Let me and my team look over your plans of buying a fixer upper and what loans and financing you qualify for now and in the future. We want to partner in your dreams and help them come true. We Make Home Happen 👉 Contact us today to get started! 📞720-425-5090 or contact me at 🌐https://lnkd.in/ga9RErn9 #HomeBuyingMyths #ColoradoRealEstate #MortgageAdvice #HomeBuyingTips #DreamHome #InvestInYourFuture

🏡 Myth Buster Alert! 🏡 You should wait until the home prices drop Thinking about buying a home in Colorado but waiting for prices to drop? Let's talk reality! 💡 The myth that you should wait for home prices to fall could be costing you more than you think. Here’s why: 📈Market Trends: Historically, home prices in Colorado have shown a steady increase over time. Waiting could mean paying more down the line as prices continue to rise. 💲Interest Rates: Marry the house, not the mortgage rate. Mortgage rates were 0.11% lower this week than last week. But as we know mortgage rates change slowly or quickly, in large amounts or small amounts.  Don’t marry the mortgage rate, refinancing is always a possibility. 🏠Building Equity: The sooner you buy, the sooner you start building equity. Renting only pays your landlord’s mortgage – why not invest in your future instead? 🏘️Limited Inventory: Colorado’s housing market is competitive with limited inventory. Waiting for prices to drop might mean missing out on your dream home. Take control of your homeownership journey today! Me and my expert team are here to help you navigate the market and secure the best mortgage rates available for you. Don’t let myths hold you back – let’s make your Colorado home dream a reality! We Make Home Happen 👉 Contact us today to get started!  📞720-425-5090 🌐https://lnkd.in/ga9RErn9 #HomeBuyingMyths #ColoradoRealEstate #MortgageAdvice #HomeBuyingTips #DreamHome #InvestInYourFuture

Let’s put the heat on common house buying myths This Summer, my team and I have been approached with so many questions about financing a house. Many of these questions are actually myths that we are more than willing to clarify. If you have not seen this blog post by ALSAN: https://lnkd.in/gCeQw2tZ, we invite you to take a look. It presents at least 9 myths floating around about purchasing a home: 1️⃣ You need a 20% down payment 2️⃣ Your Pre-approval rate is your final rate 3️⃣ You should wait for home prices to drop 4️⃣ Buying is always cheaper than renting 5️⃣ Find a home before applying for a home 6️⃣ Buying a fixer-upper will save you money 7️⃣ Wait until you can afford your forever home 8️⃣ A 30-year fixed rate mortgage is always the best 9️⃣ Excellent credit is required to buy a home I invite you to like and follow me as we revisit some of these myths that I want to elaborate on as well as discuss other myths that we have heard. Despite the myths, my team and I work very hard to get you the financing you need. I know that every answer does not fit everyone, but I will find you the answer that will fit your needs. Jenn McCain with ASLAN Home Lending, where we make home happen. 720-425-5090 #ColoradoMortgageBroker #DreamHome #MortgageMyths #NextMove #JenniferMcCainMortgages

I am growing my team at Aslan! If you are seeking smart, ambitious, service minded loan officers, then Aslan is the place for you! Let's connect.

Should I buy now or wait until the market turns? This question resounds over and over when discussing finances with my clients. Many think that if they wait until the market turns then they will get the best deal on a house. Let’s dive into this. If you wait, others are waiting also. When you buy, others are buying also. So yes, prices MAY decrease and yes, interest rates MAY decrease, but that may lead you to compromise in areas of your dream house because of the increase in competition. Check out our blog: https://lnkd.in/gJp9qCVs where we present sound reasons that may help your decision. Let’s make sure you are ready to go house hunting. Let’s make sure that you are able to afford that house that you are looking for without the compromise. Give me a call at 720-425-5090 or contact me at https://lnkd.in/ga9RErn9 We Make Home Happen #SecondTimeHomeBuyer #EmptierNest #NewBeginnings #emptynester #ladderup #ladderdown #newopportunites #homedreams #nextmove #HomeMortgage #ColoradoMortgageBroker #MortgageBroker #ASLANHLC #ColoradoHomeLoans

I am growing my team! If you are a mortgage broker and you are wanting a change, let’s talk! I am looking for a minimum production standard of 1 closed loan per month, ideally closing at least 4 loans a month. Call me at 720-425-5090. #nowhiring #mortgagebrokersarethebest #buildingateam #jennifermcain #AslanHLC

Situation: You are in the market to buy your second home. You have done your due diligence online and found a home and you would like to put in an offer. You think you have the right mortgage option but found that the loan descriptions are confusing and you are not sure which option to go with. Answer: You should take a look at our blog that might help shine some light on things. https://lnkd.in/g6BJsH65 blog post helps shed some light and gives a few pointers on finding a loan, but the best route to take is to contact me and I can cater to your needs, wants and possibilities in your next home mortgage. Give me a call at 720-425-5090 or contact me at https://lnkd.in/ga9RErn9, We Make Home Happen. #secondtimehomebuyer #ladderup #ladderdown #newopportunites #homedreams #nextmove #colorado  #HomeMortgage #ColoradoMortgageBroker #MortgageBroker #ASLANHLC#ColoradoHomeLoans #wemakehomehappen #JenniferMcCainMortgages

Or, you could just get a new basement in a new home... Give me a call at 720-425-5090 or contact me at https://lnkd.in/ga9RErn9 We make home happen. #emptynester #ladderup #ladderdown #newopportunites #homedreams #nextmove #colorado #HomeMortgage #ColoradoMortgageBroker #MortgageBroker #ASLANHLC#ColoradoHomeLoans