Send us a text In this episode of the Fund2000.com Real Estate Podcast, we have two crucial topics for real estate professionals and private investors in California. First, we explore the importance of using a broker to arrange private mortgage loans, highlighting how this practice protects lenders from usury laws and showcasing lessons from our experience. Then, we go into the National Association of Realtors' (NAR) recent settlement and the ripple effects it's creating, including potential new antitrust issues stemming from the mandatory buyer representation agreement requirement. Enjoy! Che ..read more

Send us a text In this episode, we sit down with Anvesh Chakravartula, the visionary behind Rexdat, a platform aiming to bring transparency and uniformity to the real estate sales industry. We discuss the primary vision driving Rexdat and Realoq's mission to streamline real estate processes. Anvesh shares insights into Rexdat's unique selling points, and how Rexdat can address the challenges in the traditional model for sharing data in segmented markets. We explore how Rexdat plays a crucial role in the evolving landscape of technology in real estate. Rexdat is improving operational efficiency ..read more

Send us a text In this episode, we catch up with Doug, a local homeless advocate, to hear an important update on Lloyd, a formerly homeless individual who we met in a previous episode. Doug shares how he helped Lloyd secure permanent housing through a HUD voucher. We also discuss the challenges faced by other unhoused individuals, and how to help them as a regular volunteer "bridging gaps" to the available resources. Check out Fund2000.com for our Mortgage Lending team (NMLS 2277963). Sold2000.com for our real estate Sales Team (DRE 02173355). Learn more about host Chuck Hamm here or on Linked ..read more

Send us a text In this episode, we're discussing the recent NAR lawsuit and MLS rule change that now requires buyers to sign a representation agreement before viewing properties. We'll explain what this means for buyers and agents, and how it shifts the dynamics of the real estate market. We'll also cover important topics like commission negotiation, flexible agreement terms, and strategies for both buyers and agents to navigate this new landscape successfully. Finally, we'll address common buyer concerns and explore the potential long-term effects of this rule change on the industry as a whol ..read more

Send us a text In this episode, Luke and Chuck discuss the pressing issue of homeowners insurance in California. They explore the root causes of the current crisis, including poor policy decisions from inadequate forest management to bad legislative policy as to insurance companies. The discussion explains how these factors impact mortgage affordability and availability, leaving homeowners in a precarious situation. Also, the importance of civic engagement, urging listeners to get involved in local and state elections to advocate for better policies that address these growing concerns. Check o ..read more

Send us a text In this episode of our podcast, we delve deep into the role that credit plays in securing favorable mortgage rates and gaining access to valuable down payment assistance programs. Understanding the intricacies of credit can significantly enhance your financial leverage when purchasing a home. We also highlight our exclusive Credit Repair Tool and the advantages of rapid rescoring—a service where we provide targeted, actionable guidance with over 90% certainty to help clients achieve their desired credit scores efficiently. Whether you're looking to buy your first home or seeking ..read more

Send us a text In today’s episode, we discuss complexities and challenges presented by the current homeowners' insurance market in California. With the backdrop of natural hazards and related policy decisions, we explore the myriad reasons contributing to the troubled insurance landscape that real estate professionals and homeowners face. The instability and uncertainty have made navigating insurance a significant challenge in the industry, affecting decisions on property sales, purchases, and mortgage lending. In our second segment, we provide a comprehensive update on the recent settlement o ..read more

Send us a text In this episode, Luke and I explore a crucial question: Can a buyer lose their earnest money deposit? Not only do we provide a comprehensive answer, but we also explore the relationship between earnest money deposits and liquidated damages. We explain how liquidated damages not only means consenting to lose a predetermined amount of money; it also serves as an agreement to cap potential losses. Join us as we unravel these complex real estate contract concepts, to help both buyers and sellers understand the implications of their real estate transactions. Tune in to gain valuable ..read more

Send us a text Protect your personal information! Enhance your privacy! This PSA highlights a helpful resource: OptOutPrescreen.com. When you apply for any mortgage loan, your credit report is accessed, which can activate "trigger leads." These leads are often sold to telemarketers and other lenders, resulting in unsolicited calls and offers. To combat this, we strongly recommend visiting OptOutPrescreen.com—a service that empowers you to opt out of these trigger leads and reduce telemarketing interruptions. This public service announcement guides you on taking a significant step towards prote ..read more

Send us a text In today's fiercely competitive real estate market, presenting a compelling offer is more crucial than ever, especially for buyers utilizing FHA or VA loans. Our latest podcast episode, "Winning in a Seller's Market: FHA and VA Offers Made Possible," goes into the art of crafting offers that stand out, even when the buyer/borrower wants to utilize a FHA or VA loan, which present issues related to Appraisals. Our team at Fund2000.com Mortgage knows insider strategies for making FHA and VA loan offers attractive. We understand the challenges buyers face - from the mandatory FHA an ..read more