Recession? Waiting for "the dip"? We've got answers

By
Mortgage and Lending with Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, NMLS #138061 MMCD #1141

 

"How can I help?"

 

     That one question is how I've built the majority of my career . "How can I help" make the loan process easier for borrowers?  "How can I help" real estate agents improve their business in a way that's different than other lenders?

 

     Well one way I've been helping over the past couple years is by implementing data systems into my business that have a) gotten the rent V buy crowd off the fence and convinced buying is the way to go, b) gotten buyers motivated and convinced that the most important thing they can do is get into a home asap, and c) helped agents and their clients Recession Mortgageunderstand how to best structure a deal with financial savvy (aka alternatives to low ball offers, repair requests, etc).

 

     One of the things I've heard recently is that agents are hearing a lot about a pending recession - what will it mean?  How will it impact housing?  How can you effectively communicate with a buyer that's still scarred from the great recession and waiting for the next "dip" before buying?  The millenial buyer who saw their parents lose their home?

 

     Well, we'll cover all of those things and more tools to help you in a webinar next week.  Wednesday, July 10, at 10am Pacific (1pm Eastern).  I'll be covering the following topics:

 

- When the recession will be here

- How to advise clients that are on the fence or waiting for the "dip"

- Why this recession will be NOTHING like the last one for housing

- How the recession will create opportunities for those in the real estate community

 

     My goal is to ensure the information provided helps you in your real estate business.  To register for the webinar, please use the following url link:

 

https://attendee.gotowebinar.com/register/4801070699027281933

 

PS - if you know another real estate professional that might benefit from or enjoy this info, please invite them as well

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Rainmaker
3,237,065
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Sounds  like the crystal ball that will benefit many who attend.

Jul 06, 2019 01:09 AM #1
Rainmaker
1,897,043
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - interesting information and worthwhile knowing when to do when a business cycle comes.  When is up for discussion.

Jul 06, 2019 07:57 AM #2
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi there John, this does sound like an interesting and helpful webinar. Enjoy the weekend. D 

Jul 06, 2019 08:15 AM #3
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Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

Jon I'm sure you'll have a good attendance at this webinar. I personally don't believe a recession is around the corner as many numbers are looking strong. But you never know, something could happen and bring it all down. Hopefully not. I don't ever want to see another down turn like we had 10 years ago.

Jul 07, 2019 02:17 PM #4
Rainmaker
2,516,425
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I think there is a little more regulation in the marketplace, especially with mortgage origination that will help soften the landing of any future dip.  And, I've noticed homebuyers putting more cash down in their home buying transactions.  I suspect their having more skin in the game, rather than getting in skinny, with liar loans, saddled with interest rates that escallate rapidly within a year of buying, will help!

Jul 08, 2019 02:16 AM #5
Rainmaker
1,308,937
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi John,
Sometimes prophesies are self-fulfilling so it's important to stay on the positive side.  I think a lot of people are scared due to the very unstable and divisive political climate in this country.

Jul 08, 2019 07:05 AM #6
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John Meussner

#MortgageMadeEasy Walnut Creek, CA 484-680-4852
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