How Tom Ross at Bay Equity Can Help You

 

Our preferred lender, Tom Ross, has moved over to Bay Equity! How will this change benefit you?

Buying a Phoenix Home? Search all Homes for Sale
Selling a Phoenix Home? Check out our FREE Home Value Report

I’m here with Tom Ross, our preferred lender, who recently moved over to Bay Equity.

As a result, Tom is able to offer a higher level of service to our clients. Why?

One of the reasons Tom made the move to Bay Equity is to take advantage of new technology in the industry. Bay Equity is based out of Sausalito—you can’t establish a business that close to Silicon Valley without knowing something about technology!

Technology is incredibly important and provides speed and convenience for our customers. After signing up with Bay Equity, Tom has been able to eliminate some redundancies in the loan process. From the origination to DocuSign, all these new bells and whistles mean Tom can operate more efficiently and serve you at a higher level.

“

Tom guarantees a quick closing process, even for jumbo loans.

”

If you are getting a loan and want to close in three weeks, Tom can make that happen. He’s always been able to do so, but at Bay Equity, it’s just a bit easier. Tom guarantees a quick closing process; he can even close a jumbo loan within three or four weeks—assuming that you let your lender order an appraisal.

“Being able to underwrite everything within our own four walls has been a massive benefit,” says Tom.

Working with a lender like Tom to buy in today’s market will make your offer appear stronger to other buyers, as you’ll be able to close in three or four weeks.

If you have any questions for Tom, you can reach him at 602-791-5861 or tross@bayeq.com. As always, if you have any real estate questions for me, just give me a call or send me an email. I would be happy to help you!

How Will Today's Financial Market Affect You?

 

Let’s take a look at the what we can expect from interest rates in the future.

Buying a Phoenix Home? Search all Homes for Sale
Selling a Phoenix Home? Check out our FREE Home Value Report

Recently I met up with Tom Ross from Bay Equity to discuss interest rates, how the financial market is doing, and what this all means for you.

First of all, the federal funds rate increased .25%. This means we can expect a rise in interest rates. However, the federal funds rate doesn’t necessarily have a direct impact on interest rates—but it does “set the table,” so to speak, for them to change.

At the same meeting where the Fed made that increase, they also decided to no longer buy mortgage-backed securities. Previously, when they were still doing so, it was for the sake of something called quantitative easing.

Quantitative easing is when the Federal Reserve is printing money and buying mortgages to keep interest rates low. They haven’t been buying mortgages for a while, though. Instead, they would funnel money from loan payoffs back in.

“

We are here to help you make the best decision.

”

For buyers, this could well mean a rise in interest rates. Additionally, there is indication that the rates will be raising over a long-term period.

So for those who are thinking of buying, get an analysis of the current interest rates as compared to the next several years.

In any case, we are here to help you make the best decision.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon. 

How Can Jason Covault Help You as a Lawyer?

 

As one of my outstanding referral partners, litigation attorney Jason Covault helps practices in personal injury and all kinds of other business matters.

Buying a Phoenix Home? Search all Homes for Sale
Selling a Phoenix Home? Check out our FREE Home Value Report

If you’ve never heard of litigation attorney Jason Covault, he’s one of my excellent referral partners here in Phoenix. 

Jason is a partner at Aiken Schenk Hawkins & Ricciardi P.C. who practices in the areas of personal injury, catastrophic injuries, wrongful deaths, and all kinds of business matters. 

How does he help people? Typically, he first receives a call from a potential client who has some sort of problem—maybe they need to set up a business and aren’t sure how to structure it or have a business dispute with someone else. According to him, some of these matters can be solved very quickly, but others take more time. To do this, he discusses what the steps are and helps his client decide how to get to the desired result in the quickest way possible.

“

It’s very important that everybody feels like they’re getting good value.

”

It’s a common perception that attorneys are sometimes expensive, but Jason’s services don’t cost you a dime. “I’m never too busy to take a call,” he says. He can usually figure out very quickly if the issue at hand is something he can take care of or if he needs to refer it to one of his partners. 

“It’s very important that everybody feels like they’re getting good value because that’s how I give people peace of mind and provide good value as a lawyer.”

If you need to get in touch with Jason, you can call him at (602) 776-3187 or email jmco@ashrlaw.com. If you have any other questions, feel free to give me a call or shoot me an email. We’re both here to serve you.