How does one know they can afford a home...? (For Realtors)

At Axiom we promote the use of what we call "3 Ways to Buy" flyers.  These go on the back of your property flyers and of course they promote Axiom and our loan officers, but they also show potential buyers "3 Ways" to purchase the property that are most likely to be used with that particular home.  When someone can see the payment, they can more clearly see themselves in that home! That means more potential buyers/clients for you as the Realtor.  Isn't that what you want?

Thanks to the Means Family!

I received this gracious letter from Robert and Ginger Means, a great family for which I had the opportunity to help finance their new home. This is the the reason I do what I do.

Thanks again, Robert and Ginger!

And if you need help on a purchase or refinance, know you'll get the same type of service.

Much success to you today!

Dave

Great, basic tips for homeowners

Here is a great article on the basic tools needed by every homeowner. Do you have your basic set?

20 basic tools every homeowner needs

Have a great day!

Some useful info for those about to close on a home loan

Click on the link to see news about a new law in Utah regarding the funds you bring to your closing.

Utah's "Good Funds" law

Have a great day!

Dave

Have you seen our new billboards?

This just came out from CoreLogic®: The top lenders with regard to number of purchase loans and transaction ($) amounts in the counties where Axiom does business in Utah were listed and Axiom came out on top in both categories for 2010.

1) AXIOM FINANCIAL
1,673 units, 7.69% of total units sold
$319,234,312, 7.61% of total transaction amounts

Here's a link with the news.

Thanks to all of our Axiom clients and from me, especially to my clients who were part of this. I'll always be grateful to work with you and work with a company like Axiom.

Just remember, it's always best to work with number 1! :)

Dave

CoreLogic® is a third party business partner offering analytical and statistical reporting of the mortgage and real estate industry. Based on CoreLogic’s year-end reports of resale (purchase) mortgage loans for 2010 including Weber, Davis, Salt Lake, Tooele, Utah, Iron & Washington counties, Axiom Financial closed more combined residential resale loans than any other lending entity.

® CORELOGIC, is a registered trademarks of CORELOGIC.

Why you need a trusted mortgage advisor

You really don't want this to happen to you...

You need a mortgage advisor who knows their stuff. At Axiom we are trained and retrained to know changes in laws and loan requirements. Our corporate office stays on top of exactly these types of changes referred to in the article. When the condo rules changed, for instance, we had a 4 hour meeting and follow up to make sure we knew the rules.

Knowing the ropes in a fast-moving industry....another reason I'm with Axiom.

Dave

Tax Tips from Axiom

As you prepare your taxes, think about how your home works for you as an investment and a tax savings. Here are some options for getting the most out of your investment this year. Axiom Financial does not provide tax advice and we encourage you to learn more about these subjects through the IRS or your own tax advisor.

Home Buyer Tax Credit
For those who took advantage of this program (some military and government employees may still be eligible), use IRS form 5405. It has all the information you need for claiming your home buyer tax credit.

Mortgage Insurance Premiums
Borrowers whose annual adjusted gross income is $100,000 or less may deduct their mortgage insurance premiums from their Federal tax return for homes purchased or refinanced. Borrowers with income between $100,000 and $109,000 may be eligible for a reduced tax break under law.

Mortgage Interest and Points
In most cases, the interest you pay on your mortgage is deductible. Points are prepaid interest on a mortgage and in most cases are deductible on your taxes the same as any other mortgage interest.

Other Deductions to Consider
Home sellers may be able to use the non-loan-related settlement costs they paid when purchasing a property to adjust their basis of value on their home sale. Sales Commissions, property taxes, abstract of title fees, utility services installation, legal fees, recording fees, surveys, owner's title insurance and more may be used to adjust the basis cost of the property.

Again, although Axiom Financial is not a tax advisor we do want our clients to get everything they can out of their home-buying experience and investment. Please be sure to contact your Axiom Mortgage Consultant for questions about your home investment. Contact your tax advisor for the latest information on the smartest way to use your home-related tax deductions.

http://www.axiomfinancial.com/tax_tips.htm