Private Money Specialists

The Loan needed to close in 23 Days! The co-borrower just started a new job and some flexibility was needed. We were able to get the income and complicated recent bank transactions approved and got them a competitive interest rate. To top it off the appraisal was delayed due to a scheduling conflict. ... We maintained our course and got it done. The best advice I've heard in regards to a real estate transaction...Stay Calm and Think Straight. #mentoradvice #mortgagetips #homeownership #homebuyers #realestate #homeloans #valoans #makinghomeownershipareality #southerncaliforniarealestate #zillow #redfin

Looking for ways to make a better offer? Below are some winning tips we have gathered from our agent partners Consider putting down 3% as an earnest money deposit Have your lender submit a strong preapproval letter with your offer... Shorten Inspection Periods (standard is 17 days...maybe you can do it in 10) Write a Friendly Offer (have little demands on the offer that puts any out of pocket expenses on the seller) Waive Some Contingencies - If you feel comfortable risking your deposit, you might want to consider waiving loan, appraisals, or inspection contingencies. For more information please feel free to reach out to us *Link in the bio* #realestatelife #homebuyingtips101 #homebuyingtips #realestate #homebuyer #homebuyers #homeshopping #househuntingtips #househunting #mortgagetips #mortgage #2021hometrends #findingmyhome

This homeowner is awesome. I'm not sure if it a place to eat or a time out corner but either way im in! #realestateagent #realestatememes #fridayhumor #homebuyers #homesellers #gettingcreative #homesforsale #homedecor #designtipsandtricks #realesatelife

Transformation Tuesday! From kitchen tear down to sparkling kitchen. I love me some kitchen remodels...great job. #transformationtuesday #kitchenmodel #fixandflip #rehabrealestate #airbnb #vacationrental #cashoutrefinance #realestateinvesting #scottsdale #mortgage #diyprojects

If you have a mortgage...Heres how much you can write off. The mortgage interest deduction is an itemized tax deduction that subtracts interest paid on any loan used to build, purchase or renovate a residence from taxable income. This means that for your primary home or even any secondary homes you can deduct a certain amount of mortgage interest every year and pay less income tax! The standard deductions for 2021:... Single: $12,550 Married filing jointly: $25,100 Married filing separately: $12,550 If your deductions surpass these numbers then - Let’s consider an example: Your mortgage is $1 million, and since the deduction limit is $725,000, you’ll divide $750,000 by $1 million to get 0.75. You’ll pay $60,000 in interest for the year, and that multiplied by 0.75 will show that you can ultimately deduct $45,000. #homeownership #taxbenefits #mortgage #homeowners #homeowner #homebuying #homebuyingtips #realestateinvesting #realestatetipsoftheday #zillow #redfin #homeshopping #tiredofrenting

Just a handy graph to show what the mortgage payment would be at different loan amounts. #homebuyingtips #homebuyertips #homebuying101 #homeowners #homeownership #homebuyer #mortgagenews #mortgage2021 #privatemoneyspecialists #california #sellersmarket #homeshopping