Join us Wednesdays at 7am at 7643 Huron River Drive in Dexter, MI.

Back to All Updates

Is Now the Right Time to Buy a Home?

by | Mar 15, 2023 | Member Spotlights | 0 comments

“Is now the right time to buy?” is a question you’ve likely heard, if-not asked for yourself, about home buying in the just past three years.

The vast majority of answers to this question tend to boil down into a couple major camps:

  • Not yet.
  • Yes.

Today our feature presenter, Jeremy Shaffer of Premier Bank, discussed some of the basic individual factors that might help answer this question, as well as the benefits of working with a committed and experienced loan officer to help you get to ‘Yes’ if not there already.

First, to distinguish Jeremy’s team at Premier Bank from the competition:

Large-scale competitors have enormous marketing budgets that bring in clients at a high cost-per-acquisition. They are then incentivized to move through clients as quickly as possible, operating as corporate machines that aren’t modeled to provide heavily-personalized service to their clientele. Much of their talent moves through the company quickly—most out and some onto higher roles—with few available to work deeply on special client needs, over an extended period, or for return and referral business.

As part of a local branch of a regional bank, Jeremy’s team of experienced mortgage professionals will work closely with you as they already do with many others in your Ann Arbor area community. They know the area’s trends, have relationships with hundreds of local business professionals and home owners, and can consult with you on whether now is the right time—or how to get there if not yet. They have dozens of collective years of experience with shared expertise in Ann Arbor, Dexter, Pittsfield, Saline, Dixboro/Superior Twp, Ypsilanti, and other surrounding communities. In contrast to the quick-funnel model of the large companies, Jeremy mentioned that he’s been working for two years with one client who is still lining up the right criteria to finally pull the trigger.

There are some common misconceptions about talking to a mortgage loan officer that Jeremy also highlighted:

  • The idea that it’s a very arduous process.
  • That you need to have everything in line and on-hand to set an appointment.
  • That without many thousands already saved, you shouldn’t speak to one.

To these misconceptions:

  • The process can be as simple as a consultation and a few closing follow-ups with the right documentation provided quickly after the first meeting.
  • If you don’t know where to begin—it’s still great to have the conversation. You can retrieve the needed information after your consultation, and Jeremy’s team will get you on the right path.
  • If you’re worried about your ability to afford the home you want, his team will helpfully let you know what you would qualify for now, as well as measures you may be able to take to get into your desired home within a few years.

While many factors in your own life dictate if purchasing a home is the right move for you—over the historical long term housing has been an asset that’s grown consistently in value and has produced immense private wealth, despite localized or short-lived crashes. For the typical family, home ownership is the surest foothold in middle class living and achieving eventual wealth.

Talk to Jeremy’s team today about whether now is the right time for you, or how to get there otherwise.

For more great presentations like Jeremy’s today, visit us next week, and join us to eventually deliver a presentation of your own.

We’re off March 29 for Spring Break, but are here each Wednesday at 7am otherwise.

Similar

Four Effective Ways to Finance Your Home Improvement Dream

Four Effective Ways to Finance Your Home Improvement Dream

With the stubbornly high rates in today’s real estate market—especially compared to the sub-5% fixed rates that are still held by many—it’s becoming more common for homeowners to choose to stay in place longer and enhance their existing properties rather than...

Projects for Protecting What’s Important

Projects for Protecting What’s Important

We’ve all heard the old cliche stemming from a famous Napoleon quote, “if you want something done right, do it yourself.” At times this wisdom rings profoundly true—but more often than not, the difficult work is better left to the professionals. This is obvious, but...

How the Wrong Tax Preparer Could Cost You HUGE

How the Wrong Tax Preparer Could Cost You HUGE

With nothing as certain in this world as ‘death and taxes,’ famously according to Benjamin Franklin—and the legal and cost implications of those tax filings—shouldn’t we also be certain about their accuracy? Today’s presenting member—Certified Public Accountant and...

Getting What You Need to Level Up Your Presence

Getting What You Need to Level Up Your Presence

If you’re in business, then you’re in sales. This truism isn’t a new one. It’s a concept that for years has animated motivational posters, books, talks, startup cultures, and management meetings alike. Every business, technology, and communications role—whether...

Action Items to Accomplish a Big Audacious Goal

Action Items to Accomplish a Big Audacious Goal

For those of us who set a BHAG (big hairy audacious goal) for 2024—how is progress going? Chronologically speaking, we should be 35-40% of the way toward our annual totals now in mid April. Are you on track for this year’s goals? For our presenter today, member and...

The Art of Working to Do What You Love

The Art of Working to Do What You Love

Imagine: The morning light pokes you awake. Crisp, optimistic, sunbeams fill the room. You don’t toss or hit ‘snooze’. You don’t mire in the battles already mapped out for your day; the stench of dread only exists as a fading memory. You jump up, excited—no, elated—to...

Where People Can Flourish

Where People Can Flourish

“When I dreamt of Arbonne, I wanted it to be a place where people could flourish.” - Arbonne founder Petter Morck What does flourishing look like for you? For many, it’s more free time or at least control over their working hours. It could be achieving financial...

Trust Issues

Trust Issues

Did you know, that according to Gallup, only 46% of American adults have a living will? Put another way, there is no provided intention for the assets of more than half of Americans after they pass. That statistic alone doesn’t tell the whole story either. Today’s...

All Updates

More About Us

Let's Get together and Start Growing

Purpose