Creative Real Estate Financing Options for Home Buyers Who’ve Struggled to “Get in the Game” – The Real Estate Show Episode 62
In this episode, Cherise Selley is joined by Judy Steenland to talk about creative financing options and strategies for buyers who haven’t been able to “get into the game” of buying a home in recent months, including the 5-in-1 ARM, buy-downs, and more.
They also discuss how staying put and making your current home work for you can actually give you an advantage when you’re ready to sell.
Finally, Cherise recaps residential real estate statistics for the Colorado Springs area in El Paso County for September 2022.
Podcast Highlights
00:00 Intro Judy Steenland and Cherise Selley
0:51 Recap of September Stats for El Paso County
1:48 Housing Inventory Stats for El Paso County
2:37 25-Year Low on Mortgage Applications
2:45 Opportunities are Still Here Even in This Time
3:35 Think from the Perspective of a Home Buyer
4:25 Mortgage Assumptions Are Happening in This Market
7:19 ARM’s Another Loan Option for Buying a Home
9:09 2/1 Buy Down for Home Purchasing
10:00 Companies Paying Cash for Homes Leasing to Buyers
10:35 Love the Home You Live in Until You Move
12:34 The Beauty of Real Estate is Found in the Art of It
13:07 Top Condition Homes Still Sell the Best
13:33 Find Your Fun – Pickleball While You Wait
14:38 New Ways to Create Money with Your Side Hustle
Cherise Selley and the Group talk about what it takes for buyers and sellers to succeed in a complicated real estate market both in Colorado Springs, and in other locations across the country. Subscribe and hit the notification bell for updates on weekly episodes where we discuss what it really takes to succeed in real estate!
Although we’re based in Colorado, selling Colorado Springs Home for Sale, our experience can benefit buyers and sellers, and real estate professionals nationwide.
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