Sam Fine, Loan Officer

https://mailchi.mp/e75c5d29c72a/manhattan-is-the-place-to-buy-weve-got-the-deets

Manhattan is the Place to Buy – We’ve Got the Deets! On the last stop of our Everest tour, we’re heading back to where it all began: to the magnificent skylines of NYC. Just a drive away from the stunning natural scenery of Niagara Falls, a breezy hike in the Adirondack Mountains, and the charming appeal of historical towns, New York has something t...

https://mailchi.mp/16a3a0b12075/nynj-market-hits-1-on-multifamily-housing-list

NY/NJ Market Hits #1 on Multifamily Housing List In the aftermath of the pandemic, one of the most persistent headlines has been the rocky state of the U.S. housing market. Heading into the second half of 2024, economists still report an extreme housing shortage estimated as high as 7 million missing units across the country.  

https://mailchi.mp/0244c64ef8c8/how-to-conquer-njs-competitive-housing-market

How to Conquer NJ’s Competitive Housing Market As Everest’s 2024 cross-country tour nears its end, we’d be silly to forget our beloved neighbor to the south—the great state of New Jersey. 

https://mailchi.mp/37f064f9c0b5/6-types-of-rental-investment-properties

6 Types of Rental Investment Properties This month, we’re going back to square one with a look at some of the best starter investment opportunities in America. The real estate scene is vast and complex, but there’s a handful of rental property types that have brought our clients tremendous success over the years. 

https://mailchi.mp/5b6794c816d7/short-term-vs-long-term-which-rental-model-is-right-for-me

Short-Term vs. Long-Term: Which Rental Model is Right for Me? In the year 2024, the phrase ‘short-term rental’ takes on a completely new connotation. In some circles, it even incites rage and frustration! 

https://mailchi.mp/a1500fcc5610/home-prices-dont-get-much-better-than-this

Home prices don’t get much better than this… This month, we’re taking a quick drive over the border to one of our elusive neighbors to the west—the great state of Pennsylvania. 

https://mailchi.mp/0cf6accd2b5f/ny-vs-nj-who-has-the-hotter-rental-market

NY vs. NJ: Who Has the Hotter Rental Market? After years of booming rental activity, 2024 has brought somewhat of a stall for multifamily markets across the country. 

https://mailchi.mp/4c844d18cd3a/unearth-americas-real-estate-gem-north-carolina

Unearth America's Real Estate Gem: North Carolina 💎 Home of the Outer Banks, Great Smoky Mountains, and famous Wright brothers, this Southern gem continues to draw families from all over the country. 

https://mailchi.mp/8f0c70af48c9/best-ways-to-boost-multifamily-revenue

Best ways to boost multifamily revenue Whether you’re running a single-family property or managing an entire portfolio of apartments, everyone’s feeling the pinch these days. 

https://mailchi.mp/dada19046112/multifamily-update-5-key-trends-for-2024

MULTIFAMILY UPDATE: 5 Key Trends for 2024 Chronic housing shortages have rocked multifamily markets across the country. In the years following Covid, landlords had no trouble keeping tenants and commanding high rents. We even saw rental bidding wars! 

https://mailchi.mp/d0cc40189964/homebuyershave-you-had-a-look-at-the-lone-star-state-lately

Homebuyers—have you had a look at the Lone Star State lately? Texas has rocked headlines over the past month. From border conflict to college sports, there’s been lots to talk about! But here at Everest, we’re tracking a completely different story—one that stands to benefit anyone looking to buy a home in 2024. 

https://mailchi.mp/af78f08367ed/landlord-hacks-boost-your-rents-in-2024

Landlord Hacks: Boost Your Rents in 2024 The problem for multifamily owners is that most of us understand the financial challenges our tenants are facing. No landlord wants to impose further hardship on their hard-working residents. 

https://mailchi.mp/71a4bd4f5cf9/cant-afford-20-down-heres-how-you-can-still-buy

Can’t afford 20% down? Here’s how you can still buy Looking to purchase a home, but weary about the down payment?  If 20% is too steep for your wallet, check out these savvy workarounds.   

https://mailchi.mp/6b17c4dac454/happy-new-year

mailchi.mp

https://mailchi.mp/69179ec272ea/is-a-balanced-housing-market-on-the-horizon

Is a balanced housing market on the horizon? Limited inventory, high interest rates, and equally high asking prices kept many buyers on the sidelines this past year. And while our Everest loan officers always work their magic (even in a competitive seller’s market), we wish more families were able to make their dreams come true. 

https://mailchi.mp/072c7f99e99c/townhomes-are-heating-up-the-market

Townhomes are heating up the market! If you haven’t noticed, townhome communities have been booming in recent years. These individual neighborhoods or “complexes” feature multiple multi-floor homes with shared amenities, HOA oversight, and perhaps most notably—competitive price points! 

https://mailchi.mp/918bc718e5fe/secrets-for-multifamily-listing-success

Secrets for Multifamily Listing Success New apartment listings are scarce these days. The nationwide shortage presents an excellent opportunity for multifamily investors in the next few years—and that’s great news! 

https://mailchi.mp/a2488023c445/will-home-prices-fall-this-fall

Will home prices fall this fall? The autumn season brings cozy comfort, falling leaves, apple pie, pumpkin spice, and everything nice. But for those in the real estate industry, fall also ushers in some great homebuying opportunities. 

https://mailchi.mp/f41d93e2dba3/the-best-roi-home-improvement-projects-for-2023

The Best ROI Home Improvement Projects for 2023 Did you know that on average, upgrades to your home provide a 70% return on investment? Whether you’re renovating an old space or adding a new one, home improvements can increase your home’s value and immediately enhance your quality of life. 

https://mailchi.mp/fb189a53b9bb/the-5-greatest-factors-for-successful-tenant-renewal

The 5 Greatest Factors for Successful Tenant Renewal For multifamily owners, landing good tenants is like finding the pot of gold at the end of the rainbow. It’s comforting to know your property is in good hands, rent will show up consistently each month, and you don’t have to worry about costly turnovers—or worse—vacancies.

What Happens if I Miss a Mortgage Payment? -

What Happens if I Miss a Mortgage Payment? Even the most responsible people make a mistake from time to time. Whether you budget incorrectly or need funds for an emergency, you may find yourself in the unfortunate position of skipping a bill. And so, the question is—what’s next? 

Are you a first time home buyer buying a primary residence? If you earn less than 100% of the Area Median Income or less than 120% in a high cost area - you can get a discounted interest rate. Look up your address at this website

Area Median Income Lookup Tool This service is provided for the sole purpose of showing the applicable Area Median Income (AMI) for each applicable census tract. Lender may use the AMI limits for purposes of determining income eligibility for RefiNow, HomeReady or other loans that have AMI requirements.

It's been quite a week for mortgage rates. What happened to all the predictions?

https://mailchi.mp/35a44023db35/the-changing-face-of-affordable-housing

The Changing Face of Affordable Housing Across the country, people are stretching their bank accounts to the limit with the vast majority of their income going to rent and mortgage payments. That is—if they can even find available housing! Throw in inflation and a struggling economy, and you’ve got a recipe for disaster. 

Hard work pays off.

Very Efficient and Effective Sam and Hanna got me what I needed with excellent timing. They understand the process and know what it takes to get things done. They did all the work for me and got me the results that I needed. I highly recommend them.

https://mailchi.mp/da7ce3862d9a/the-ultimate-guide-to-construction-loans

The Ultimate Guide to Construction Loans Maybe you’re in the market to buy, but can’t find the right home. Or perhaps you’re looking into single family residences (SFR) and two-family properties for a future investment. 

Always great getting feedback :)

Fantastic! Sam was fantastic! He helped me obtain a Home Equity Loan that was more than double the amount I was able to receive when I tried doing it myself. He was also extremely helpful in navigating me through the process and problem-solving any issues that arose. I highly recommend him!

Today’s Hottest Multifamily Market is in Our Own Backyard -

Today’s Hottest Multifamily Market is in Our Own Backyard Demographic trends are always changing, but for many decades, warmer locations in the American South and West dominated the charts. People looking for sunny skies and fresh opportunities were drawn to states like California, Texas, Florida, and South Carolina.

PSA: Were you or someone you know rejected by a lender? Was it Chase or Wells Fargo? Maybe another "name brand." With a lot of the retail banks it's "hit or miss." They don't get into the details. It either works or it doesn't. It happens very often, that a mortgage denied by some of the big banks, can EASILY get approved once someone with real knowledge reviews it. Make sure you get a SECOND opinion before you give up.

With Bank Failures Come Lower Interest Rates -

With Bank Failures Come Lower Interest Rates The high-profile failures of Silicon Valley Bank and Signature Bank instilled even greater pessimism in a country plagued by rising interest rates, sky-high cost of living, and a (somewhat) stalled housing market. For a while there, the bad news just kept coming!