It’s likely that the gifts that you give to your family are mostly tangible in nature. This can include toys and electronics for your kids or jewelry for your spouse. Sometimes the gift might be money or even financial securities. In other times it might be certain events, such as dinner at an expensive restaurant, a trip or even a family vacation.
Those are all good gifts to give to your loved ones during your lifetime – but that raises an important point. What can you give your family when you are no longer around?
Today we had the pleasure of attending a presentation by @genworth_financial - Homeownership! ☺️. Thank you to Jeff Attwooll, Mortgage Broker, for organizing this info session for us here @remaxtwincitycambridge! .
‘Genworth Financial is the largest private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers.’ For more info please visit: www.genworth.ca
Here are a few key points that Genworth discussed today that we thought might interest you! .
🏠 The growth in the KW housing market has been steady and we are one of the top markets for continuous steady growth! Our housing prices are still rising 3-5% so that means that if you invest in a home this year, your home will continue to increase in value and put more equity in your pocket!
🏠 While the media is saying that the ‘bubble’ may burst, Genworth says that this burst would be based on 2 key triggers that we are NOT currently seeing:
So if you are paying for both that means you are wasting your hard earned money. The agent who sold it knew this as well.
Any questions I'm here. If you think you might be over spending or not fully covered send me a message.
Congrats Tommy on your first home! Thank you for trusting me to take you through the mortgage process. Thank you Zach Blizzard Realtor at Mel Foster Co. Licensed in IA & IL for all of your hard work as well.
To be like Tommy, contact me today to see what it takes to get in a home. Education is key! 🏠
There are a lot of things to consider when buying a 🏡 — from which neighborhood you want to live in, to how big of a home you want, to the type of mortgage that is best for you.
But one thing that tends to get forgotten during the home-buying process is all the extra costs you might have to pay on top of the price of the home. One of those extra costs is PRIVATE MORTGAGE INSURANCE (PMI), and according to some estimates, homeowners might pay anywhere from $100 to $500/month for PMI.
There are ways to AVOID paying it, depending on what kind of financing you use to purchase your 🏡. Not everyone needs to pay private mortgage insurance, but every prospective home buyer should understand how it works & be able to evaluate whether they need it or not.
Life insurance is not for you.
Life insurance IS for your loved ones.
Life insurance is not intended to make them rich from your death. Life insurance IS intended to to ease the financial burden of your lost income so they can focus on healing their feelings and emotional state.
Life insurance is not meant to be expensive. Life insurance can be purchased within your budget.
I challenge each of you to start looking at your monthly life insurance cost as LOVE INSURANCE. You'll feel more empowered for doing the right thing and paying it monthly and your loved ones will have the financial security needed if you cannot be there to provide for them. #lifeinsurance
Private Mortgage Insurance huh? What is that? Let me tell you! PMI protects the lender—not you—if you stop making payments on your loan.. want more information? Shoot me a message and lets have an in-depth conversation!
6 3512 September, 2019
Are you a first time home buyer looking to break into the market?
Have confusing mortgage terms ever made you think WTF!? This series will break things down for you 🤓😂The first episode of What The Finance is live now! #AskMeAboutYourMortgage
Link to the full video is in my bio!
The average rate on the 30-year fixed-rate mortgage fell to 3.60%,🔥 it's the lowest level since November 2016. 👉👀This is PRIME TIME to drop those monthly payments and get rid of that Mortgage Insurance... Comment "REFI" below to easily see your customized rate and home loan options!
3 Tips to get you ready for Mortgage approval:
⠀ 🏡 Talk to a loan officer and ask questions about what’s needed to obtain a pre approval
⠀ 🏡 Make timely payments on all your credit for at least 12 months. Late payments are RED Flags 🚩
⠀ 🏡 To much debit can lower your credit score, increase your debt ration and lower your chances on getting approved for the loan.
1 4319 September, 2019
Tony Scoma and Jen Sopinski of National Mortgage Insurance visited CalHFA on September 6. Their impression was “Good vibes all around!” and we agree. Looking forward to a great partnership! #Homeownership#MortgageInsurance#NationalMI
2 159 September, 2019
Don’t wait to be threatened by another Cat 5 hurricane to check if your flood insurance is up to date. Give us a call, we can let you know if you are covered, or better yet, get you the coverage you deserve!
1 69 September, 2019
First time home buyers?
Looking to renew?
Looking for a program to help you get out of debt.
We have the Solutions.
Contact me for details and free advice with our mortgage specialists.
With the new year around the corner, make sure you protect what matters most.
⭐️ Mano4insurance.com ⭐️
Visit my site for free financial advice and book an appointment with me today!