Get Me Ready To Buy

Jeff Jones

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Get me ready to buy a house.

08/20/2024

Here's What the NAR Settlement Means For You [Homebuyers]

Tune into this episode of the Get Me Ready to Buy podcast for crucial updates on the evolving real estate landscape. Recent settlements involving the National Association of Realtors (NAR) have introduced new regulations affecting realtor compensation. As of August 2024, listing agents will no longer cover buyer's agent fees through MLS, highlighting the need for clear agreements between buyers and agents. This change aims to increase transparency in real estate transactions, ensuring buyers are fully aware of the costs associated with purchasing a home. 0:00 - Overview of Real Estate Industry Changes1:59 - Historical Context of Buyer Representation2:52 - The Impact of Recent Lawsuits4:29 - Lawsuit Consequences and Compensation Changes6:05 - Understanding the New Compensation Structure9:03 - The Costs of Buying a Home10:55 - Realtor vs. Real Estate Licensee12:10 - Changes in MLS Compensation Transparency13:07 - New Requirements for Buyer-Agent Agreements15:27 - Understanding Buyer-Agent Compensation16:19 - Flexibility in Buyer-Agent Compensation17:11 - Transparency and Fairness in Compensation18:05 - Negotiating Compensation Agreements

26 min
10/26/2023

Choose the Right Loan

Join us on the latest episode of the Get Me Ready to Buy podcast as we delve into the topic of loans with our guest, George Sago, the Vice President of Mortgage at Bank Plus. In this episode, we will explore the various types of loans available and how they can impact sellers when considering offers. One key aspect we focus on is the contrasting requirements between FHA and conventional loans. For instance, FHA loans often necessitate more rigorous appraisals and inspections, while conventional loans tend to have more flexible guidelines. As sellers, it is vital to be well-informed about these potential disparities and familiarize ourselves with the specific criteria associated with each loan type prior to making any decisions. Clear and open communication with your listing agent, as well as proactive questioning, can contribute to a seamless selling process. 3:52 - FHA Loans5:16 - Conventional Loans8:26 - VA Loans16:24 - USDA Loans26:25 - Why this Matters

34 min
10/19/2023

Housing Market Update - October 2023

Join me on this episode of the Get Me Ready to Buy Podcast as we discuss the October 2023 housing market update, where we debunk three common myths surrounding the United States housing market. Discover the latest trends in inventory, equity, and home prices as I provide an insightful analysis of the current and future state of the market. Don’t miss out on this informative episode! 1:10 - Foreclosures Are Increasing4:05 - Wall Street Is Buying Every Home in America10:32 - AirBNBs Will Crash the Housing Market13:49 - Inventory17:19 - Equity22:05 - 3 Major Advantages to Having That Equity

36 min
10/12/2023

3 Benefits of Working with a Buyer’s Agent

In this episode of the Get Me Ready to Buy Podcast, we explore the benefits of working with a buyer's agent when purchasing a home. We discuss how a buyer's agent serves as a personal advocate, sets expectations, and navigates the process and documents. We also delve into finding a buyer's agent, including asking for referrals, researching online, and evaluating qualifications and communication skills. Lastly, we discuss the cost of a buyer's agent and share statistics on how buyers found their homes. Tune in to discover why working with a buyer's agent can make your home-buying experience smoother and more successful. 1:43 - BENEFITS of a Buyer’s Agent16:19 - FINDING a Buyer’s Agent22:36 - COST of a Buyer’s Agent

31 min
10/05/2023

Closing with Confidence: Your Guide to Home Ownership

In today's episode, I am discussing closing with confidence on my podcasts, Get Me Ready to Buy and Get Me Ready to Sell. Closing is a process that involves persevering through various tasks even after a property is under contract. My guest, Amy Spicer, is a licensed attorney in Tennessee and Mississippi, specializing in transactional real estate law. Although this episode is not intended to create an attorney-client relationship, Amy provides valuable knowledge and experience in the field. 3:13 - What is closing?12:11 - Title Search21:36 - Title Insurance25:58 - Buyer, do this to avoid problems at closing

30 min
09/28/2023

How Much Money Do I Need to Buy a Home?

One hurdle many homebuyers face is the amount of money needed to actually purchase the home. They can make the payment easily. Their income and credit score say they can afford the home and are a good credit risk. Unfortunately, that is not enough. Buyers need cash for downpayments, fees, and other expenses. This episode shows you what you may need and some options for where it could come from. 3:27 - Up Front Money7:43 - Downpayment & Loan Fees10:29 - Prepaids13:48 - Closing Fees18:35 - Options for this Money24:14 - Rules of Thumb

31 min
09/21/2023

Busted - Why Deals Fall Apart

Thank you for listening to the Get Me Ready to Buy podcast. In this episode, I will discuss what happens when a house deal falls apart and how you can fix it, if possible. As a buyer or seller, it can be frustrating when a deal you thought was secure suddenly crumbles. There are various reasons for this, whether it's due to issues on your end or the other party's. I will provide tips for buyers on how to avoid such situations and offer advice on how both buyers and sellers can persevere through the closing process. Stay tuned to find out how you can turn a broken deal into a successful transaction. 4:31 - Inspections11:53 - Appraisal13:38 - Underwriting19:08 - Title Search23:30 - Cold Feet26:47 - Watch for these signs29:51 - Save the deal

37 min
08/31/2023

Why Should I Work With a REALTOR?

Why work with a REALTOR? On this episode of the Get Me Ready to Buy podcast, we discuss the benefits of having a buyer's agent. From property access to personal advocacy and professional connections, there are plenty of reasons to consider working with a REALTOR when buying a home. 1:50 - Property Access4:49 - Personal Advocate14:32 - Professional Associates Looking to buy a home? I can help you make confident decisions every step of the way. If you're in my market (Northwest Mississippi and Southwest Tennessee), reach out. Even if I can't assist you, I can connect you with a trusted agent in your area. Have a blessed day.

27 min

Get me ready to buy a house.

Creator

Jeff Jones
Years Active

2023 - 2024
Episodes

21
Rating

Clean
Copyright

© Copyright 2024 Jeff Jones
Show Website

Get Me Ready To Buy