Today I’m highlighting a great program that is unique to Franklin Loan Center. There are a couple of different community lending programs. What does that mean? A community lending program is geographically limited, which is the main detail that sets it apart from other lending options. There is one program that also has some income […]

This report came out a few weeks ago about current foreclosure data, showing that month-over-month foreclosures are up 34% and year-over-year they are up 28%. Those are big numbers – there’s no question that it’s a big deal. 3 Phases in the Foreclosure Process A few things that are important about these numbers on the […]

I’m pulling up a chart that we put out every month. It’s one of my favorites to show housing trends. The red line on the chart is 21 years of 4.5% year-over-year growth. Looking at historical norms, it’s about what you can expect. The blue line represents what is really happening in the industry. We […]

Today’s topic is one that comes up occasionally: what other states can Franklin help with home loans? We actually have quite a few! When I started out with Franklin in 2016, we were licensed in 2 or 3 states. It’s grown so much since then. Personally, I am able to help in Washington and California […]

The way property taxes work in California: you buy a house, then at some point in the near future the county will re-assess the house at the purchase price. But supplemental tax bills come into effect because the county doesn’t reassess it right away. For example, you buy a house for $800,000 today. Previously, it […]

I was talking to a friend earlier, and she brought up an important topic: starting October 1st (next week), student loan repayments are back. To give you a little background about student loans: there is almost $1.8 trillion currently. Take an average out of all the people who owe student loans right now, and it’s […]

Today I’m talking about the 5 things to not do when you are preparing to purchase a house – especially when you are in escrow before the purchase! 1. Don’t Quit Your Job Not only should you stay with the same job, but don’t take a pay cut or work less hours. Remember that we […]

Today is the first Wednesday after Lexi & Bailey’s wedding! I want to share how excited we are to bring our new son-in-law into the family. Their wedding will forever be one of the most beautiful days/experiences I’ve ever participated in. Congratulations to the newlyweds! When it comes to real estate, there is an article […]

People keep asking me: when are we going to see an improvement in rates? The quick answer is that we are going to see interest rates drop when The Fed realizes that all they’ve done with raising rates is bringing down economic activity to the point where it is slowed things down. That’s when we […]

Today, the report about existing home sales came out, and the numbers were off. Of course, it wasn’t surprising to see. It got me thinking about a few things that I want to point out: Economic Value of a Real Estate Transaction First, according to the National Association of Realtors, on average every real estate […]