Episode notes
Key Topics Discussed:
- Down Payment Realities:
- Cale's Insight: With $10,000 saved, buyers won't be turned away. There are multiple programs and creative financing options available.
- Luke's Perspective: A common misconception is needing a huge down payment (like $50,000). It's more about preserving savings for the buyer.
- Risks of Large Down Payments:
- Deborah's Advice: Avoid putting all savings into the down payment. An emergency fund is crucial for unexpected expenses.
- Morgan's Viewpoint: Maintaining a healthy financial balance is key for clients.
- Unpredictable Interest Rates:
- Cale's Observation: Even experts can't always predict in ...