Don't Let High Interest Rates Hold You Back: Exploring Other Options for Homeowners

Don't Let High Interest Rates Hold You Back: Exploring Other Options for Homeowners


 
 
There are options for homeowners with low rates who need to move.
 
Have you been watching interest rates lately? The good news is that they’ve started to drop after a period of skyrocketing increases, but they are still much higher than they were only a short time ago. That may leave some homeowners in a pickle, as those who need to move for whatever reason could be trading a 3% rate for something much higher. However, what if there was another option? Today, I’m here to talk about what you can do aside from selling your home.
 
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:
 
0:00 — The idea of owning two homes
 
0:44 — Interest rates and the need for a new home
 
1:57 — One option for homeowners with low interest rates
 
2:46 — You can use your cash flow
 
3:28 — Explaining the logistics
 
4:36 — Wrapping up
 
If you have any questions about all of this or real estate in general, please feel free to reach out to me. I would be happy to help you.
Steve Pemberton

Steve Pemberton

Get to Know Me

Steve Pemberton - has over four decades as a real estate professional and Associate Broker. He is an owner and President of Pemberton Homes - brokered by eXp Realty, headquartered in Edina Minnesota. Steve has received nearly every sales and marketing award given to the most esteemed real estate agent both locally and Nationally. Steve is a former number one sales professional for Coldwell Banker, and in the past has achieved the number one salesperson in Minnesota, the 13 Midwestern region, and the top 10 real estate agent in the United States for Coldwell Banker. Steve holds the prestigious designation of Certified Residential Specialist (CRS), Senior Real Estate Specialist (SRES), Graduate REALTORS® Institute (GRI), Certified Distressed Property Expert (CDPE), and a former Real Estate Appraiser. Steve Specializes in residential upper-bracket properties, Commercial Real Estate, and Investment Real Estate. Steve has closed over 3,000 properties and over One Billion Dollars in Sales.
 
Steve is licensed in both Minnesota and Florida (Naples Board of REALTORS®).

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