Jim Potts

Synergy One Lending

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Is It Best To Put Down A Large Down Payment, Or Be Agile With Your Savings?

May 20, 2022 by Jim Potts

Putting down the largest sum of money at your disposal might seem like the best way to go when it comes to your mortgage down payment.

Filed Under: Mortgage Tagged With: Home Buying, Mortgage, Real Estate

Is It Best To Put Down A Large Down Payment, Or Be Agile With Your Savings?

May 20, 2022 by Jim Potts

Putting down the largest sum of money at your disposal might seem like the best way to go when it comes to your mortgage down payment.

Filed Under: Mortgage Tagged With: Home Buying, Mortgage, Real Estate

Buying in a Sellers Market

May 6, 2021 by Jim Potts

Home buying is often made possible or unreachable due to the local and national economy. Fortunately, what goes up, must come down. So, for buyers who can wait, economic changes in supply and demand can create opportunities. These shifts in real estate are known as buyer's markets and seller's markets.

Filed Under: Mortgage Tagged With: Home Buying, Mortgage, Seller Market

NAHB: Home Builder Confidence Ticks Up in April

April 16, 2021 by Jim Potts

The national reading for home builder confidence rose one point to an index reading of 83 in April; the National Association of Home Builders predicted a reading of 84. Component readings for April's national index readings were mixed. Builder confidence in current market conditions for single-family homes rose one point to 88. Builder confidence in market conditions for single-family homes in the next six months fell two points to 81 but homebuilder confidence in buyer traffic in new home developments rose two points to an index reading of 75.

Filed Under: Real Estate Tagged With: Home Buying, Housing Market, Market Conditions

Common Mistakes The Experienced Homebuyers Tend To Make

February 26, 2021 by Jim Potts

When people are looking at buying a home, there are a few common mistakes that first-time homebuyers make; however, there are mistakes that seasoned homebuyers make as well. What are the most common mistakes that people make when they are looking for a new home for the second or third time? There are a few key examples to keep in mind.

Filed Under: Home Buyer Tips Tagged With: Home Buying, Homebuyer Mistakes, Neighborhoods

Closing Costs: Understanding What It Costs to Close on a Home and What You Can Expect to Pay

October 7, 2020 by Jim Potts

In this post we'll look at a number of these closing costs and what you will be expected to pay when you buy that next dream home.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Closing Costs, Home Buying

The Pros and Cons of Buying a New Home Versus Buying Pre-owned

August 20, 2020 by Jim Potts

Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you'll need to make a number of decisions - including whether you want to buy a pre-owned home or one that has been built recently.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buying, Home Buying Tips

A Bidding War Is Taking Place Among Homebuyers

August 18, 2020 by Jim Potts

While businesses have fallen on hard times during the past few months, there are signs that the economy is going to start to recover quickly. This could mean that homebuyers are entering the market again as well.

Filed Under: Mortgage Tagged With: Home Buying, Mortgage Tips, Pandemic

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Jim Potts

Jim Potts


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Call (760) 337-8100
NMLS# 227144
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