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Consider cost not price when buying a home.

Consider cost not price when buying a home – this sentiment is true if you are a first time homebuyer or a repeat homebuyer and it is relevant wherever you are buying a home in the U.S. and in any type of real estate market too!

A homebuyer and a home Seller have different objectives.  A seller, should be most concerned about ‘short-term price’ – where home values are headed over the next six months. A buyer should be not be  most concerned about price, but instead about the ‘long-term cost’ of the home.

There are many factors in determining the ‘long-term’ cost of homeownership: the mortgage rate today vs the mortgage rate in the future, the current home value vs future value with appreciation  and one that is missed by many, the additional benefit of amortization that would have occurred.

Certainty is the ONLY common objective a homebuyer and seller have.

Getting a mortgage is not kinda of a big deal, it is a big deal!  It should always be home loan first and then go find your home.  Deploying a home loan first strategy allows a homebuyer to have clarity of the economics and to get fully approved so their offer is ‘same-as-cash’ — this provided the homebuyer and the seller with certainty.  Certainty is critical  and is the only common objective that a homebuyer and seller have in common.

Behind the Scenes with #KevinMartiniLive

Enjoy this brief video that Kevin Martini shared on Instagram: @KevinMartiniLive

Kevin Martini | NMLS ID 143962 | Chief Mortgage Strategist and Branch Manager | Martini Mortgage Group at Benchmark Mortgage | Ark-La-Tex Financial Services, LLC NMLS ID 2143 | 507 N Blount St Raleigh, NC 27604 | (919) 238-4934 | | | Equal Housing Opportunity

Kevin Martini

Kevin Martini is the founder of the Martini Mortgage Group; Branch Manager and Senior Mortgage Strategist with Cardinal Financial Company; a husband to a magnificent lady who was his high school sweetheart; a father of 2 amazing men; a son to tremendous parents; a grandfather to beautiful grandchildren; a loyal friend; a trusted and experienced advisor to the families he serves.

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