Trending Windows of Opportunity in Real Estate 2025

Trending Windows of Opportunity in Real Estate 2025

Trending Windows of Opportunity in Real Estate 2025

Want to see behind the scenes on what other people are doing to take the window of opportunity in real estate? Get the tips and trends and find the opportunities that will work for you.

Host: #JoGarner #MortgageExpert Call or text 901 482-0354

Co-Host: #EdHill #MastersRoofing Call or text 901 273-6594

Let’s stay connected! Subscribe for weekly Real Estate Mortgage Shoppe podcasts with show notes at www.JoGarner.com

#realestatemarket #mortgagetrends #vinylwindowstrend #homerepair #cashoutrefinance #homebuyer #financingoptions

LET’S GET STARTED…(Jo) (Good morning, Memphis! Welcome to our internet listeners and podcast listeners across the 50 states! . You’re on Real Estate Mortgage Shoppe. I’m your host, Jo Garner, Mortgage Loan Originator. You can connect with me at www.JoGarner.com. Want to see behind the scenes on what other people are doing in real estate? Our topic: Trending Windows of Opportunity in Real Estate 2025. Today is January 18th, 2025. Call in to the live show at 901 535-9732

Introducing Ed Hill of Masters Roofing

(Jo) Ed Hill of Masters Roofing is back in the studio. Ed, you have so many happy customers for the excellent work Masters Roofing does with roof repairs and replacements. I am one of your extremely happy customers. You repair roofs, replace windows and so much more. Take a moment and tell our listeners a little bit about you and the services Masters Roofing offers your clients. (Ed Hill takes about a minute and a half to introduce himself and talks about the services he offer his clients )

(Jo) Famous author, Tom Peters said, “If a window of opportunity appears, don’t pull down the shade.” I read this article from Linkedin that offers us wisdom about not missing opportunities.

This is the story of a young man who wanted to marry the farmer’s pretty daughter. He went to the farmer to ask his consent. The farmer answered, “Son, go stand out in that field, and I’m going to free three bulls, one at a time. If you can catch the tail of any one of the three bulls, you can marry my daughter.”

The young man stood in the field, awaiting the first bull. The barn door unlocked and out came the biggest, meanest-looking bull he had ever seen. He concluded that one of the next beasts had to be a better option than this one, so he ran over to the side and let the bull crossing through the field out the back gate.

The barn door unlocked again. Improbable. He had never observed anything so fierce in his life. It stood – hitting the ground, squawking, hanging slobber – as it eyed him. Whatever the next bull was like, it had to be a better option than this one. He ran to the barrier and let the bull pass through the pasture, out the back gate.

The door opened a third time. “Aha!” This was the weakest, scrawniest little bull he had ever seen. This one was his bull. As the beast came whizzing by, he placed himself just right and jumped at precisely the exact moment. He grabbed… but the beast had… NO tail!”

If only this young guy had taken the first opportunity to grab the bull’s tail. The road would have been easier to marry the girl of his dreams. He would have some bragging rights too. He let his worries and limitations get in the way of a once-in-a-lifetime moment. If you know what you want and WHY you want it, it is easy to push past anxieties and difficulties. If you want to win in life, seize the moment. You can handle the challenges as they come your way. You can celebrate your victories too.

What kind of life would bring great happiness to you? Do you own your own home? A vacation home? Maybe you own some income-producing homes. What would you like a typical day to feel like? What do you want people to say about you? As you already know, getting to the life you want can be challenging. Are you ready and willing to take the opportunity?

Later in the show let’s look behind the scenes at how some people have handled the “bulls coming out of the gate.” Some needed immediate results—even if it was a first step before other steps needed to be taken. Others took action to put in motion their long term vision of what brings happiness.

What do You want to accomplish with YOUR mortgage? I would like very much to hear your story. Choosing the Right Mortgage can help you get quicker to the life you want. Make your plan. Let’s work your plan. If the deal works for you today, let’s do it today! If you want to get a mortgage to buy a home or if you want to refinance, Iet’s find the right mortgage for you. I can make the process EASY! Call me today at 901 482-0354. Connect with me at www.JoGarner.com

(Jo) Ed Hill of Masters Roofing, you can tell us about some opportunities that are related to trends and windows. (Ed has about one or 2 -3 minutes before the 9:15am break to start launching into some of his topics

Ed Hill talked about the many advantages of vinyl windows over traditional windows, including low maintenance, energy efficient, easy to use. He invited listeners to see an example of several vinyl windows recently installed by Masters Roofing at Erin McDonald Allstate Insurance Agency at 5055 Elmore at Covington Pike and Elmore Rd in Bartlett, TN.

OUTRO: You’re on Real Estate Mortgage Shoppe. I’m your host, Jo Garner, Mortgage Loan Originator. What do YOU want to accomplish with YOUR mortgage? I can make the mortgage process EASY for you with the right mortgage. Connect with me at JoGarner.com When we come back, we will be hearing more from Ed Hill of Masters Roofing.

2nd segment 9:18 am – 9:30 am

2nd segment is after 9:15 break from about 9:18Am to 9:30 AM break

TOPICS COVERED BY

Ed Hill of Masters Roofing

SEEING THE LIGHT ABOUT VINYL WINDOWS

Homeowners across America are seeing the light about vinyl windows! Here are some reasons they are looking at removing their old, drafty, energy-wasting, comfort-robbing traditional windows and choosing vinyl energy-efficient windows.

1. Older homes often have old-style, expensive single-pane windows.

2. These older windows are not easy to clean.

3. They are also expensive because even after they were installed they began wasting energy dollars.

4. Many older windows have wood frames and sashes which can rot requiring repairs by a glassier.

5. Often these older windows have clear glass which does not reduce or filter sunlight

6. When it comes to staying cooler in the summer and warmer in the winter, old style windows just can’t help.

7. Vinyl energy-efficient replacement windows solve these problems.

8. Even the budget models have vinyl frames and metal not wood, their glass has a standard to darker tint, they are double-paned and filled with an insulating gas between the panes, they use energy dollars efficiently, are easy to open and clean, easy to lock and unlock, and noticeably improve the comfort level in the summer and winter and with energy-costs savings and available easy pay project payments, making them affordable.

Masters Roofing has an experienced and skilled installation team. An old window can be removed and a new one installed in about 45 minutes. The cleanup is spectacular. We provide window replacement to Memphis region residences and businesses with affordable east payments.

Installing vinyl windows at Erin McDonald Allstate Insurance Company

(Jo) Ways to finance home repairs:

The type financing a homeowner would use to finance repairs would be determined by the type of repairs and cost of the repairs.

For smaller repairs, a home equity line of credit can cover repair costs. The disadvantage of the equity line of credit is that the rates are usually variable with no safety caps (unless negotiated on different terms.)

For larger, more costly repairs consider a full cash out refinance with the advantage of a stable, fixed interest rate. The disadvantage is that the costs to refinance is more than more temporary financing options.

Loans secured on other assets.

Financing offered by the repair vendor. The advantage for this financing is that it is quick and easy to obtain. Usually the rates and terms are not so advantageous.

Gifts from family.

Ed Hill, Senior Consultant, Masters Roofing 901-273-6594 has helped a few thousand homeowners maintain and improve their homes since 2001. He brings a wealth of experience to benefit homeowners and business owners. He also hosts a home maintenance podcast at www.MemphisHomeMaintenanceShow.com and he is a monthly trades guest on Real Estate Mortgage Shoppe on Saturdays at 9:05 a.m. on 600 AM / 92.1 FM WREC Memphis. He welcomes your call or text.

__________________________________________________________________]

^3rd SEGMENT 9:35 AM-9:45AM)

TOPICS COVERED BY JO GARNER, LICENSED MORTGAGE OFFICER

 

When the Right Mortgage Opens a Window of Opportunity

One of the highlights of serving my clients as their mortgage loan officer is to hear their stories, their hopes and their challenges. I get a seat by the window—just an honored position.

So many times the customers I serve come to me with a need to solve an immediate need or they want to make a winning move to see long term rewards later.

The story I would like to share with you is about a couple who needed a short-term solution that would set them up to solve a long-term problem.

Hankin and Hazell Harrison’s Story- Recast vs Refinance Makes All the Difference

Hankin and Hazell Harrison believed in working hard and dreaming big. So far they had done pretty well, but now that they were retired, it was no time to make a mistake on a big scale.

Their children had moved far away, gotten married and were bringing grandchildren to the Harrison’s house for long stays. Even though the Harrison’s house was paid off, it was too small and needed some serious repairs. They needed a bigger house with a swimming pool, a play room and places to entertain.

When they called me, they told me they wanted to buy a much bigger house but did not want to be saddled with a big mortgage payment. They did not want to sell their current home until they could do some repairs to get a higher price, but they needed to move quickly to buy a home that would be perfect for their family. When they bought the new home, they wanted to put down a hugh amount so that the mortgage payment would stay ultra low. But, how could they buy the new home that just hit the market and have the huge down payment to keep their payments low without getting the profit from selling their old house?

The Harrison’s had several options like getting a temporary bridge loan, but that would incur extra closing costs. Getting a temporary equity line on the old house while they still lived there, but it would take too long to fund and close.

The Harrison’s decided that the best option was to go ahead and buy the new home and put a smaller amount down as a down payment. This would free up their other funds to start repairing the old house. Once the old house sold, they could take the profit from the sale of the old house and make a whopping, large prepayment on the new mortgage for the new house.

Since the Harrison’s would be prepaying a lot more than 20% of the principal owed on the new mortgage , the mortgage company agreed to “recast” the new loan. When the mortgage company did the recast, they would recalculate the much lower balance owed over the remaining months left on the mortgage. The rate would not change and they would still owe on the remaining years, but the payment would be comfortably where they liked it during their retirement. The lower mortgage payment would allow the Harrison’s to travel with their family and enjoy entertaining them in their home

If the Harrison’s had refinanced the new loan once they paid down the principal from the profit selling their old home, they would have to pay another set of closing costs. With mortgage rates staying at a relatively steady level, refinancing would be expensive with not many advantages

However, the recast does not change the rate or the number of years left on the loan. A recast simply recalculate the mortgage payment for the remaining term but on the largely paid down mortgage balance.

Value on New Home: $500,000

Down payment: $100,000 plus closing costs making the new mortgage around $400,000

Payment Principal and interest is $2,528

112K down payment (they had in a easy-to-get-to-it investment )

A few months later they sell the old house where they used to live. The profit the received on selling the old house was $200,000.

The recast of the new mortgage allowed the Harrison’s to pay down an extra principal prepayment of $150,000 from the proceeds of the old home selling.

Now, instead of owing close to $400k on the new mortgage, they only owed $250K The mortgage company can now recast their payment as if they only owed $250k instead of the original $400k The Harrison’s new principal and interest payment is $1,589/month

Low enough to keep plenty freed up to enjoy life with their kids and grandkids.

You don’t have to know everything about the difference between a refinance and a recast. Just call me and I can run the comparison programs so you can see which one works best for you.

OTHER IMMEDIATE RELIEF WINDOWS OF OPPORTUNITY

The most popular quick solution mortgage programs is the cash out refinance for debt consolidation. The people using this program to refinance their old loan and replace it with a higher balance loan so they can pay off high interest rate credit cards and other high-payment loans.

Some people use the cash out funds for a down payment to buy additonal homes or to help a family member.

Long Term Strategy- The most common long term strategy I have been seeing is the first-time homebuyer who can finally step through the window of opportunity to buy a home. These first-time homebuyers often use a special mortgage program with a lower-than-market interest rate to keep the payments affordable and down payment assistance. Their long term strategy is to own the home and enjoy more wealth as the home goes up in value over time. The 30-year fixed rate frees up the budget as incomes rise but the principal and interest payment never changes.

4^th segment following 9:45 am break about 9:48 to 9:56 am

REAL ESTATE TIP OF THE WEEK

Ed Hill’s TIP : (about a minute and a half)

The vinyl windows that Masters Roofing installs have a life-time warranty for the homeowner who buys them and also for anyone who owns the home after the person who paid to install the vinyl windows.

Jo Garner’s mortgage tip

What are you waiting for while the life you want waits for YOU?

If you are renting and plan to stay in the geographic area, what is stopping you from purchasing a home?

-Not enough money to close? We have down payment assistance programs to give you an open window

-Credit needs some help? Several strategies for clearing up credit smudges are available to you.

-Not enough income. You only want to buy a house that you can afford. But, if you have other income and control other income that is not being counted by the mortgage company, there are special programs that use income not normally counted by traditional mortgage programs.

-Property needs repairs There are some special programs for that

Call me today about your mortgage plans 901 482-0354 JoGarner.com

What do YOU want to accomplish with YOUR mortgage? I have the knowledge and experience. Let’s look at traditional mortgage products, alternative mortgage products and even combinations of products. I can help you get you what you need and make the mortgage process EASY. Jo Garner, Mortgage Loan Officer 901 482-0354 www.JoGarner.com

ANNOUNCEMENTS:

Talk Shoppe equips with education, engages by offering connection opportunities between business people and empowers businesses in a supportive community. Talk Shoppe meets every Wednesday 9A-10A CT at Independent Planning Group’s conference room 110 at Clark Tower 5100 Poplar Ave 1^st floor Memphis, TN

(Thank you Manny Corless and Ben Hunter (615-601-0568) outstanding Financial Professionals at Independent Planning Group for being Talk Shoppe’s location sponsor)

Go to www.TalkShoppe.com and click the Events tab for the link to get into the event online. Talk Shoppe on January 22nd, 2025 9AM CT. Business Coach, Keith Potts will be presenting “The 1% Edge: Small Habits, Big Impact”

Talk Shoppe could not offer the free educational networking events free to our community without some very giving sponsors.

Thank you to Talk Shoppe sponsor Leah Anne Morse of All Things New (Organizers and Movers ) Helping you organize your move, Moving You, Helping you make your new home feel like home 901 488-9733

Talk Shoppe is free to you because of the generosity of people like Brett Carter of ServiceMaster by Cornerstone When you have a fire, a flood or bio hazard, don’t go it alone, call Brett Carter at ServiceMaster by Cornerstone 901 832 6005.

In honor of Martin Luther King weekend, let’s take a moment to remember people who believed in a dream and fought for it.

1. Real Estate Mortgage Shoppe reminds you to MAKE YOUR PLAN. LET’S WORK YOUR PLAN. IF THE DEAL WORKS FOR YOU TODAY, DO IT TODAY.

6. Subscribe today for weekly podcasts with show notes at www.JoGarner.com

SPECIAL NOTE: REAL ESTATE MORTGAGE SHOPPE RECOMMENDS THAT YOU CONSULT WITH A FINANCIAL, LEGAL OR OTHER CERTIFIED, LICENSED PROFESSIONAL BEFORE ACTING OR INVESTING ON ANYTHING YOU HEAR OR SEE FROM THE CONTENT ON THIS SHOW OR BLOG POSTS. THE INFORMATION WE SHARE ON REAL ESTATE MORTGAGE SHOPPE IS GENERAL IN NATURE MEANT FOR GENERAL EDUCATIONAL PURPOSES ONLY. ALL EXAMPLES GIVEN FOR ILLUSTRATION PURPOSES ON REAL ESTATE MORTGAGE SHOPPE AND ARE BASED ON TRUE STORIES BUT WE USE FICTIONAL CHARACTERS AND DO NOT DIRECTLY REFLECT REAL PEOPLE OR EXACT DETAILS IN ANY OF THE SITUATIONS.

QUOTE CORNER:

Tom Peters- “If a window of opportunity appears, don’t pull down the shade.”

REJOINDERS:

1. Sherry Harbur, Realtor with Harbur Realty www.HarburRealty.com

2. Taylor Morse of Cartridge World 901 853-3230

3. Donna Roach of Hearthside Senior Living 901 651-2503

Transitional Music: “Looking Out The Window” by Stevie Ray Vaughan; “When I’m Cleaning Windows” by George Formby; “Look Out Any Window” by Bruce Hornsby

PICK UP YOUR COPY OF “CHOOSING THE BEST MORTGAGE-THE QUICKEST WAY TO THE LIFE YOU WANT” by: JO GARNER

An essential guide for real estate professionals and their customers.

On Amazon and Barnes and Noble

ABOUT ED HILL OF MASTERS ROOFING

Ed Hill has been in the residential roofing industry since 2008 and has been Senior Consultant with Masters Roofing Memphis TN since 2010.  He has personally assisted about 800 homeowners with roof replacement and many others with roof and exterior repairs.  He is an active member of the Greater Memphis Business Network International chapter and is the official Masters Roofing consultant to TPC Southwind.  He holds three earned degrees including a doctorate but tries not to let those get in his way of serving his customers!  For free roof advice, free inspections, and free estimates and bids for roof replacement or roof repair call Ed Hill at 901-273-6594. Learn more at #EdHillMastersRoofing and at MemphisHomeMaintenanceShow.Podbean.Com

Ed Hill, Senior Consultant

Masters Roofing

2845 Stage Center Cove

Bartlett TN 38134

901-273-6594

EdHill.MastersRoofing@gmail.com

 

ABOUT JO GARNER-MORTGAGE LOAN OFFICER:

www.JoGarner.com (901) 482 0354 jo@jogarner.com X @jogarner NMLS# 757308

(currently working with Everitt Financial dba Supreme Lending)

ONLINE LOAN APPLICATION : https://jogarner.supremelendingLO.com

“Whatever YOUR personal priorities are, my job is to help you get the mortgage terms that will give you bragging rights when you talk about it and help you score on hitting your goals .”

As a mortgage loan officer, my job is to help you get to the benefits you want from your financing terms. What is most important to you? I can help you find the financing terms that will help you get to what you want. What is your comfort level on a house payment? How much are you comfortable paying down,? What type of financing do you need to get the house you want to buy or refinance?

Different clients have different priorities in life—some are buying their first home with very little down payment funds. Some are recovering from medical challenges, divorces or preparing to send children to college and some are embarking on a long term goal of buying properties to build rental income.”

Jo Garner is a mortgage officer with extensive knowledge in helping her clients find the right mortgage program and making the refinance or home purchase mortgage process EASY. She offers conventional, FHA, VA or other loan programs for primary residences, second homes and investment properties.

Jo can help you look at rent vs buy, when it makes sense to refinance, how to get the best deal on your home purchase financing.

Jo Garner has been in the real estate/financing business for over 30 years.  She grew up in West Tennessee and got her start in real estate in Portland, Maine where she first began her real estate career. She received her real estate education from the University of Southern Maine  and was personally mentored in San Diego, California  by Robert G. Allen, author of Nothing Down, Creating

*Wealth and The Challenge.

On moving back to West Tennessee in 1987, she went into business buying and selling discounted owner-financed notes secured on real estate.  In 1990 Jo went to work for a residential mortgage company and has been a mortgage loan officer for over 30 years. 

In addition to her work in the mortgage field, Jo Garner  is the primary sponsor and founder of Talk Shoppe in Memphis. www.TalkShoppe.com Jo Garner also host the radio show Real Estate Mortgage Shoppe airing on News Radio AM 600 WREC and iHeart Radio with podcasts and show notes published on www.JoGarner.com Pick up Jo Garner’s book on Amazon or Barnes Noble “Choosing the Best Mortgage-The Quickest Way to the Life You Want”