Direct: (818) 435-6560 | tgrey@equitysmartloans.com

Blog

06
Jul
By Todd Grey
Mortgage, ,

How To Beat High Inflation with a Home Purchase

Inflation can erode the value of your savings over time, and one way to hedge against inflation is by investing in assets that appreciate in value over time. Real estate is often considered a good hedge against inflation, as property values tend to rise in line with inflation. Here are some ways a home purchase can help beat high inflation: Lock in a low-interest rate mortgage: High inflation often leads to higher interest rates, but if you lock in a low-interest rate mortgage when inflation is low, you can benefit from lower mortgage payments even if interest rates rise in…
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05
Jul
By Todd Grey
Home Buyer Tips, ,

The Role of Escrow in Real Estate Transactions

Purchasing or selling a property is a significant financial transaction that involves numerous parties, legalities, and a substantial amount of money. To ensure a smooth and secure process, the real estate industry relies heavily on a mechanism known as escrow. Understanding Escrow Escrow refers to a neutral third-party entity or professional, typically an escrow officer or a title company, entrusted with holding and disbursing funds and documents during a real estate transaction. It acts as a safeguard, ensuring that all parties fulfill their obligations and that the transaction progresses smoothly. How Escrow Works Once the buyer and seller have agreed…
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05
Jul
By Todd Grey
Home Buyer Tips, ,

The Role of Escrow in Real Estate Transactions

Purchasing or selling a property is a significant financial transaction that involves numerous parties, legalities, and a substantial amount of money. To ensure a smooth and secure process, the real estate industry relies heavily on a mechanism known as escrow. Understanding Escrow Escrow refers to a neutral third-party entity or professional, typically an escrow officer or a title company, entrusted with holding and disbursing funds and documents during a real estate transaction. It acts as a safeguard, ensuring that all parties fulfill their obligations and that the transaction progresses smoothly. How Escrow Works Once the buyer and seller have agreed…
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03
Jul
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – Juy 3, 2023

Last week’s scheduled economic news includes readings on inflation, new home sales, pending home sales, and consumer sentiment. Federal Reserve Chair Jerome Powell spoke at a banking conference in Spain. Weekly reports on mortgage rates and jobless claims were also released. New Home Sales Rise as Pending Home Sales Fall May readings for new and pending home sales showed mixed results for May. 763,000 new home sales were expected on a seasonally-adjusted annual basis. Analysts expected a reading of 675,000 sales based on April’s year-over-year reading of 680,000 new home sales. May’s increase in new home sales was the largest…
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30
Jun
By Todd Grey
Homebuyer Tips,

What to Look For During Your Home Inspection

Buying a new home is an exciting and significant milestone in anyone's life. However, it's essential to approach the homebuying process with caution and thoroughness to ensure that you're making a sound investment. One crucial step in the homebuying journey is the home inspection. A home inspection is a comprehensive evaluation of a property's condition, aiming to uncover any potential issues or concerns that could affect its value or safety. Below are some tips to remember when navigating a home inspection. Roof and Exterior: The roof is your home's first line of defense against the elements, so it's crucial to…
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