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Welcome to my Monday Market Update for
the week of August 9th with Nikki Erickson
from Kevnik Mortgage!

This week we have two really important
topics that come up more than most
agents realize — family home purchases
and renovation funding options your
clients probably do not know exist.

This week we are covering:
✅ Interest rate update — volatility
is settling and we are sitting
in the mid to high sixes
✅ Family home purchases — what agents
need to know and what clients need
to have in place before closing
✅ Why you should always treat a family
real estate transaction like a
business not a family deal
✅ The questions every family needs
to answer before purchasing together —
equity splits decision making
and what happens if someone
wants out
✅ City and county renovation grants —
free money most agents and
homeowners have no idea exists
✅ How to find renovation grants in
your area — it is easier than
you think
✅ HELOC vs cash out refi vs renovation
loan — which one is right for
your client and when
✅ The hidden benefit of a renovation
loan over a HELOC that nobody
talks about
✅ Hard money loans for flips —
what they are and when to use them

If you have clients sitting on equity
or thinking about renovating or
purchasing a home with family members
this episode is required watching
before that conversation happens.

This is the kind of information nobody
teaches real estate agents. And knowing
it will make you a better advocate for
your clients and a more professional
agent in every single transaction.

Need a Great Real Estate Coach and Mentor....
Join my Skool Community! https://www.skool.com/rebusinessbuilder/about
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📞 Connect with Nikki Erickson at Kevnik Mortgage:
📱 Call or Text: 952-484-1584
📧 Email: nikki@kevnikgroup.com
📘 Facebook | TikTok | Instagram:
@mortgagesfrommntoaz

00:00 Introduction – Market Update Week
of August 11th
00:30 Interest Rate Update – Volatility
Settling Into Mid to High Sixes
01:30 Family Home Purchases – What Every
Agent Needs to Know
03:00 Treat It Like a Business Not a
Family Transaction
04:30 What Happens When Emotions and
Equity Collide
06:00 City and County Renovation Grants –
Free Money Most People Do Not Know About
08:00 HELOC vs Cash Out Refi vs Renovation
Loan – Which Is Right for Your Client
09:30 The Hidden Benefit of a Renovation
Loan Over a HELOC
10:30 How to Reach Nikki & Closing

#realestate #lender #mortgagerates

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Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!

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With Gratitude -

Angie Gerber
angiegerber@gmail.com

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