Mortgage Matters

Roland and Heidi discuss the benefits of home ownership versus renting in Las Vegas, highlighting a 40% increase in average rent from $1,190 in 2019 to nearly $2,100 today. They emphasize the financial advantages of home ownership, such as building equity and wealth, with homeowners' net worth being nearly 40 times that of renters. They also address common fears about buying, such as market uncert...

Roland and Heidi discuss their mission to help clients achieve home ownership and financial stability. They emphasize the importance of education and financial literacy in navigating the home buying process. They highlight tools like seller credits, which can significantly reduce upfront costs, and down payment assistance programs that make homeownership more accessible. The advisors also stress t...

Roland and Heidi discuss upcoming down payment assistance classes with the Nevada Housing Division (Friday 11/15/24) and Nevada Rural Housing (Monday, 11/18/24). Both classes take place from 11am-noon, and lunch is provided. The show emphasizes the importance of understanding WHY one wants to buy a home. They advise potential buyers to consider their long-term goals, budget, and the additional cos...

Roland and Heidi discuss the importance of credit scores. They highlight upcoming classes on down payment assistance, including one on November 15 and another on November 18, both offering home buyer education certificates. They emphasize the need to check annual credit reports from Experian, Equifax, and TransUnion and monitor credit scores using services like Experian.com. They explain the signi...

Roland and Heidi discuss the importance of voting and announce an upcoming homebuyer education class on November 2nd, in collaboration with CPLC. The class, from 8:30 am to 3:00 pm, covers home ownership, budgeting, and credit, and includes a raffle for UNLV football tickets. They emphasize the difference between pre-qualification and pre-approval, highlighting that pre-approval involves thorough...

Roland and Heidi discuss upcoming events and classes on down payment assistance and homeownership education. They introduce Will Pregmen and Rhonda Tolbert from the Nevada Clean Energy Fund, which helps Nevadans save on energy costs and improve home efficiency. The fund offers loans for energy upgrades, including air conditioning, plumbing, solar, and weatherization. They also announced a new ener...

Property taxes, escrow shortages, tax caps, assessed value, and new construction - a lot of Las Vegas Valley homeowners don’t think about these things until something changes with their payment. In this conversation, Heidi Griffith and Roland Daniels sit down with Clark County Assessor Briana Johnson to break down how property taxes actually work in Nevada, how homes are assessed, and why understa...

Roland and Heidi discuss upcoming classes on down payment assistance and introduce Kevin Hickey from Nevada Rural Housing. Kevin explains the Launchpad 1.0 program, which offers 4% down payment assistance with a 6.17% interest rate and a five-year silent second. The program has $7 million remaining out of an initial $25 million. He also details the Home at Last program, which provides up to 4% ass...

Roland and Heidi highlighted an upcoming health and housing fair on October 5, offering free health screenings, housing information, and early voting registration. They also discussed down payment assistance programs with minimum FICO scores as low as 600, noting higher interest rates for lower scores. Kevin Hickey from the Nevada Rural Housing Authority will join the show next week to discuss dow...

Roland and Heidi discuss the recent 0.5% interest rate cut by the Fed and its impact on mortgage rates, which saw a slight increase. They explain that mortgage rates are tied to Treasury yields and economic conditions, not directly to the Fed's rate. They highlight the "Home is Possible" program for Nevada teachers, offering $7,500 in down payment assistance. They also emphasize the importance of...

Roland and Heidi discuss the upcoming Health and Housing Fair on October 5, highlighting its activities, including free vaccines and housing resources. They focus on reverse mortgages, explaining that they are for homeowners aged 62 or older and allow borrowers to convert home equity into cash without monthly payments. They emphasize the importance of property tax payments to avoid foreclosure. Th...

In this episode of "Mortgage Matters," Roland and Heidi dive into the concept of generational wealth and how homeownership can play a pivotal role in building it. They explore the benefits of real estate as a tool for creating lasting financial stability, discuss current real estate market trends, and address common questions about refinancing and reverse mortgages. Tune in for expert advice on le...

Join Roland and Heidi as they dive into the dynamic world of real estate and mortgages in Las Vegas. With over 30 years of combined experience, they share invaluable tips on building generational wealth through homeownership, discuss the current market trends, and offer practical advice for first-time buyers and seasoned investors alike. In this episode, they also highlight inspiring client succes...