We had a fabulous fireworks show here in Dana Point on the 4th. I hope your 4th of July was wonderful!
This month’s newsletter includes critical financial
updates, smart strategies to avoid capital gains, and a quick snapshot of our
sluggish but shifting real estate market.
🎓 Student
Loans Are Back – And Causing Trouble
Federal student loan payments have fully resumed, and unfortunately, many
borrowers are slipping into delinquency or even collections.
But there’s good news:
✔️ Repayment assistance programs are available
✔️ Income-driven repayment plans can ease the
burden
✔️ The Student Loan Ombudsman is available to
help resolve disputes or challenges with loan servicers
If you or someone you know is feeling overwhelmed,
there are real solutions available before it impacts your credit — and your
future homebuying power. Please reach out to us for more information and assistance.
🏘
Thinking About Selling an Investment Property? Avoid Capital Gains with a 1031
Exchange
A 1031 Exchange lets investors defer paying capital gains taxes by reinvesting
proceeds from a sold property into another qualifying property.
It’s a powerful strategy, but it has strict timelines and requirements.
We’ve successfully guided many clients through 1031
exchanges — from timing coordination to working with accommodators. If you're
even thinking of selling investment real estate, talk to us early.
Planning ahead can save you big.
📉
Market Snapshot – A Stalemate with a Silver Lining
The real estate market remains stuck in neutral. Inventory is tight, sellers
are hesitant, and many buyers are waiting for a bigger rate drop.
That said, we are seeing mortgage rates tick slightly lower — and that
can make a real difference in monthly payments and qualification power.
Want to see what today’s rates mean for you or your
clients? Let’s run the numbers.
Client Spotlight
We recently closed a home purchase for a couple
using VA financing. We worked with this couple for well over a year as they
carefully analyzed the market and made multiple offers. Finally, on offer
no. 5, their offer was accepted, and they are now the proud owners of their new
home. We used 100% financing-- so their only out of pocket expense was
the closing costs for the purchase. We love working with our
veterans and thank them for their service.
As always, our team is here to guide, coach, and support you or your clients through every part of the lending and investment process.
Your Mortgage Maven
