Jordan Epstein - ACRA Lending Account Executive- NMLS 2029462

First bed planted. Dalias next to the raspberry. Cleaned up a few more beds.

We will intersperse snapdragon, poppy, coppertip, aster.. maybe some other flowers. Still researching.

There are articles that say that the new ruling on Realtor commission will cause home prices to drop.

That would honestly be one of the stupidest things ever. I can’t see it happening.

1. That’s not how supply and demand works.

2. It would mean that the seller still gets the same amount, if not less money. And they may be dealing with clients that are not preapproved before trying to bid.

I can’t see anything positive coming from this and don’t even know who benefits besides the lawyers, who took the case.

First smoke

If you’re a prospective homebuyer, you’re likely in a tough spot. While you may be tempted to wait for interest rates to drop, if you wait too long, you could be dealing with a surge in home prices.

Barbara Corcoran Says Housing Prices ‘Are Going To Go Through The Roof’: Here’s When If you're a prospective homebuyer, you're likely in a tough spot. While you may be tempted to wait for interest rates to drop, if you wait too long, you could be dealing with a surge in home prices....

Inspired by Compass CEO visiting Marlton NJ to talk about the direction of Compass, OriginPoint Mortgage and SQS Title.

More great things to come. I’m happy and lucky to be with OriginPoint. Especially in this market.

http://OriginPoint.com/JordanEpstein

Not only that - if the home appraises over the value of purchase price, you can actually finance closing costs as well.

This means you can potentially buy your home with no money out of pocket.

Contact me to learn more.



http://OriginPoint.com/JordanEpstein

Why does it make sense to do a cash-out refinance in this market? 3 words : 𝐏𝐚𝐲. 𝐎𝐟𝐟. 𝐃𝐞𝐛𝐭.

In this market, the most common use of cash-out refinance is to pay off a higher rate debt. If you have significant high-interest debt, paying it off immediately makes sense.

But many people, especially those that got a low interest rate during the pandemic - are understandably worried about what happens to their new payment when they refinance. Let’s take a look at the numbers.

Say you owe 240k on your mortgage at 4% and would like to take out an additional $40k to completely pay off $35k in credit cards as well as roll in your closing costs. In order to get out from under your credit card debt, you could get a 6.25% interest rate on a cash-out refinance. This would increase monthly mortgage payment by $578.

But what about just paying that $578 towards your credit card? If you have large credit card debt, you know why this isn’t an option. Even paying $680 a month you will literally 𝐧𝐞𝐯𝐞𝐫 pay off your credit card. Not only would refinancing make your overall payment go down, but your unsurmountable credit card debt is now gone.

There's also a strong chance your equity percentage has gone up, and if you began your loan at a higher amount then you could see your payment go down significantly, and if the house has appreciated in value, you may drop your MI. In layman's terms, you may save a lot of money per month.

For those behind on payments with the IRS, they know it’s even worse, with interest compounding DAILY.

So for anyone with significant debts – credit cards or unpaid taxes, I would recommend looking into your options with a trusted professional. You could find yourself saving money monthly while getting rid of the debts you carry that are not part of an appreciating investment / asset strategy.

Feel free to contact me if you’d like to run the numbers for your specific situation.

Is that even possible? YES!

There are several ways to achieve this as well - as downpayment may be covered by a state or county program or you may find a home in an area covered by USDA - which requires no downpayment.

But closing costs cannot be financed. So the key component is “seller’s assistance.” You’ll find this most in homes that have been on the market for over a month.

But if you qualify based on your income, you can work with your loan officer to secure downpayment assistance and your realtor to target those homes that have been sitting on the market, and you could buy your first home with little or no money out of pocket.

Feel free to contact me to learn more.

When I hear people say that renting is paying 100% interest, I think the clearer point is made by taking a look at what buying a home does to your overall wealth.

Waiting a year or two to buy is just putting all that money in a landlord’s pocket that could be going into the “bank of your home” as I like to call it.

Work with people you trust, get good advice and build wealth for you and your family - the clearest path is through home-ownership.

At today's interest rates, you'll save almost 9k in 10 years in taxes on a 450,000 home.

When you sell your home, you will also be exempt from capital gains taxes so long as you have lived in the home as your primary residence for 2 years or more.

For a 100,000 profit, you'd save $23,000 in that capital gains tax.

What would you do with all that extra cash?

All ready for the game. 🦅

‘sGo Birds

Wow! Didn’t see this one coming. Congrats to all my buyers and thanks to my team!

Contact your representative today and ask them to vote for this!

This is the biggest potential news coming to Delaware Real Estate in... as long as I can remember.

1% transfer tax reduction = SAVE THOUSANDS ON YOUR CLOSING!

Fingers crossed it is approved by the Appropriations Committee!

Thank you for the review, I love working with you!

Here's to many more successful, happy homeowners and a great 2023.

2022 was a great year. One of the best. Even with rising rates, I was able to have a year of growth.

I would like to thank all of the families who trusted me to secure them a home-loan.

I would like to thank all of my realtor partners for counting on me to get the job done for their clients in a smooth, seamless process.

To the investors that bought their next investment property, or cashed out one of their properties for further investments.

And especially to my team who supported me to make it all happen.

I am honored to be one of UWM’s top 20 loan officers in Delaware for 2022. (Technically it was #6, but who's counting).

Have you ever heard of a 2-1 rate buydown? Funded entirely by seller's concessions, a buydown will save you HUNDREDS per month, every month for the buydown period.

Year 1, you'll save 2% off of the rate. Year 2, you'll save 1% off of the rate.

And while no one can predict the market in a year or two, saving that money now and preparing to refinance as soon as market conditions improve will make your monthly bills that much easier to pay, that much easier to put money into savings.

Contact me to learn more.

What’s that mean? RATES ARE GOING DOWN!

Call today for a quote. 302.469.8100

Inflation numbers were released today, and came in much better than expected. What's that mean for mortgages? BETTER RATES.

Call today for a quote. 302.469.8100

https://1l.ink/F8K4NGB for article

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At the heart of it, we're in the business of fulfilling dreams.

It's an honor to be part of one of the biggest decisions and purchases of a person's life, and I appreciate the trust that is given.

Happy Halloween!

38% of Millennials have a bachelors degree or higher. Only 16% are considered financially literate.

Millennial homeownership rate stands at 48 percent, more than 20 percentage points lower than the rate for Gen X and almost 30 percentage points lower than Baby Boomers.

In 1989, when baby boomers were around the same age as millennials are today, they controlled 21% of the nation’s wealth. That’s almost five times as much as what millennials own today - at a mere 4.6%.

Building equity in a home is probably the fastest way to build stable wealth, and there's just too big of a gap.

This was the busiest month our team at has had in quite some time.

We collectively were able to close loans for 8 new homeowners yesterday alone. Thanks to , , , , , , , Nicole, Candy, Beverly and a shoutout to , as well as all of our realtor partners, title companies and for a great September - and a congratulations to all our new homeowners.

Worried that rates will keep going up? Let's set a budget to set your mind at ease. To make sure you can stick to it, we can lock your rate NOW while you're still looking for your home.

Now accepting 2023 loan limits! Brorow up to 715k with a CONVENTIONAL Loan!

Today, the Biden Administration is expected to be deciding on giving 10k in Student Loan Forgiveness of 10k per qualifying individual.

What does that mean for borrowers?

Student loans are often the limiting factor in obtaining an approval on a loan. Forgiving 10k is the equivalent of earning an extra $200 or more a month, which will allow for higher purchase prices, or an approval where there was once a denial.

Contact me to learn more about how this may benefit you, and to discuss the clever options that I have to increase your buying power and get you ready to purchase the home of your dreams.

Did you know that you can buy an investment property with as little as 3.5% down, so long as you're going to live in one of the units?

You've heard that "the best investment is real estate." Call me to create a plan for your financial future and start collecting rent!

You're not seeing things. The home-buying process can be daunting, but a trusted professional can help you navigate and accelerate your entire loan process with a firm understanding of the market and exceptional communication. I can get you pre-approved within a day, and once under contract, you'll be in your new home in under a month.

ARMs offer lower initial rates that are fixed for 5, 7 or 10 years. Since the average borrower stays in their loan for 5-7 years, an ARM may be a great option! Reach out today to find out more.

If you think rising interest rates means it's less affordable to buy, think again. In many markets, your monthly mortgage payment can be the same or even less than rent. And as your home value increases, your long-term wealth builds, too. Call to learn more.