Jim Barker Team - Arizona Wholesale Mortgage Inc.

11/25/2024

Homebuyer Black Friday Advice:⁣
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You can’t refinance “paying $25k - $50k over the list price” next year when the market picks up again...⁣
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But, you CAN refinance a 6.875% interest rate once rates come down...⁣
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Shop wisely 🏡

10/16/2024

Average net worth:

-Renter: $10,000

-Home owner: $396,000

“But Jim, my uncle Tony said the rates are too high…” 🤦‍♂️

09/06/2024

The conversation isn’t about rate.
According to CoreLogic data, the average American homeowner has seen a 9.6% increase in home equity over the past year! Along with the average homeowner gaining around $28,000 in equity during that time period.🏡

09/03/2024

Quick “poll”: do you want to buy an investment property but aren’t sure of the in’s and out’s?

Would you consider it if you had someone to guide you through it?

Yes/No.

Thanks!🏡

08/02/2024

Big mortgage rate drop. Let me know if you want to take advantage of it.
Message me for a quick quote!
. .

07/21/2024

God bless 'merica, and God bless all the Realtors who encourage their buyers to become preapproved early on, even if their buyers don't think they need one.

06/21/2024

Thanks for your Service Brigadier Gen Rueschhhoff! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

06/16/2024

Happy Father’s Day to all the awesome Dads out there.

06/11/2024

🚨 Important VA Update for Real Estate Agents 🚨

The VA has just announced a game-changer for Veterans using the VA-guaranteed home loan benefit. Starting August 10, 2024, a temporary local variance will allow Veterans to pay certain buyer-broker charges. Here’s what you need to know:
1. Temporary Local Variance for Buyer-Broker Charges:
- Veterans can now pay reasonable and customary buyer-broker charges.
- Applies in areas where:
-- Listing brokers are prohibited from setting buyer-broker compensation through multiple listing postings.
-- Buyer-broker compensation cannot be established by or flow through the listing broker.
- Charges paid by the Veteran are considered in their liquid assets assessment.
- These charges are recorded in section H (“Other”) on the Closing Disclosure.

2. Key Points:
- Veterans should negotiate the amount to be paid to their buyer-broker.
- Sellers can still pay for the Veteran’s buyer-broker charges, which is not considered a seller concession by the VA.

3. Why This Matters:
- Ensures Veterans remain competitive buyers in the rapidly shifting real estate market.
- Helps Veterans and their agents navigate the complex compensation landscape more effectively.

4. Action Steps for Agents:
- Familiarize yourself with the details of this variance.
- Educate your Veteran clients about their options for negotiating buyer-broker charges.
- Ensure all relevant agreements and charges are properly documented and disclosed.
This temporary variance reflects the VA's commitment to adapting policies to better serve our Veterans. Make sure your Veteran clients are aware of these changes and leverage this opportunity to better support their home-buying process.

For more information, please contact me at 1-602-686-1885 OR the VA at 1-877-827-3702 OR submit a request through the VA’s ServiceNow customer portal.

Let's continue to serve our Veterans with the excellence they deserve! 🇺🇸

06/11/2024

🏡 Did you know? Almost one-third of all homebuyers are first-timers! According to the National Association of REALTORS®, 32% of homebuyers are making their very first purchase, up from 26% last year.

That’s why putting education first is at the heart of what I do every single day. Understanding the mortgage process is key to feeling confident and excited about your new home.

Whether you’re a real estate agent or a first-time buyer, never hesitate to ask questions. I’m here to dive into all the details and guide you every step of the way.

Ready to start your journey to homeownership? I'm happy to help! Reach out today.

05/17/2024

🏡🏡. Did you know that owning a home can be more affordable than renting?

Our Down Payment Assistance programs are here to help you make the switch. 🏡🏡



















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05/12/2024

Happy Mothers Day to all of the Moms out there. Have a Fantastic Day! 🥰

05/09/2024

🏡 Mortgage rate predictions through 2025.
💥 Source Fannie Mae. 🏡

05/05/2024

⚠️Attention Real Estate Investors!⚠️

💰💡 Invest smarter with DSCR loans! 💡💰

Tired of the hassle of income and employment verification? Say hello to a loan that focuses on the property's rent forecast instead. 💪

🚫 No more income verification! Qualify based solely on the subject property's cash flow.

💼 Employment concerns? Not here!

🏢 No lease? No problem! Listing leases isn't even required. 📜

💰 If the property's projected net cash flow covers the loan, you're good to go! 💡

Invest confidently in your future with DSCR loans! 💰💪🏠

NMLS #: 242000
Arizona Wholesale Mortgage Inc. is an Equal Housing Lender

Learn Why Real Estate Investors Love DSCR Loans

04/30/2024

🤝 The Family Assist Program helps family members purchase a home for a loved one who may not qualify for a mortgage on their own. This program addresses the challenges faced by families aiming to help their elderly or disabled family members find safe and convenient housing. Only 5% down payment is required in most cases.

Leave us a message for more information.