Buying A Home: Moving Logistics

Ep 8 Buying A Home: 10 Myths About Buying A Home

In this episode, Tom Momenee and Mike Runion discuss common myths surrounding home buying, including the necessity of a 20% down payment, the timing of the market, and the importance of pre-approval. They also delve into misconceptions about fixer-uppers, student loans, and the credit score requirements for purchasing a home. The conversation emphasizes the significance of understanding closing costs, the pre-approval process, and the importance of choosing the right lender. The episode wraps up with insights on long-term investment strategies in real estate and the hosts' plans for future episodes.TakeawaysYou do NOT need 20% down to buy a house.Waiting for prices to drop can cost you more in the long run.Pre-approval rates can fluctuate before closing.Buying a fixer-upper may not always save you money.Student loans do not disqualify you from buying a home.You should get pre-approved before house hunting.You can buy a home without a credit score.Fall and winter can be a good time to buy a home.Choosing a lender should involve more than just the interest rate.Real estate is generally a long-term investment. I will be taking July off but can't wait for Season 2: Discovering Wapak as we explore all Wapakoneta, Ohio has to offer. See you in August!

Buying A Home: Do I Need Title Insurance?

SummaryIn this episode of the Finding New Owners podcast, Tom Momenee interviews Jacob Clapsaddle from Chicago Title to discuss the importance of title insurance when buying a home or selling a house. They explore what title insurance is, why it is necessary, and the role of title companies in ensuring clean real estate transaction. Jacob shares insights on escrow services, unique closing scenarios, and the challenges faced in the industry. The conversation also touches on remote closing options and real-life examples of title issues, emphasizing the value of title insurance in protecting buyers from unforeseen problems.Takeaways-Title insurance is essential for protecting buyers from past issues.-Chicago Title is both a title company and an underwriter, providing security.-Title insurance is a one-time cost at closing, unlike other insurances.-Escrow services manage the distribution of funds during a transaction.-Unique closing scenarios can arise, requiring flexibility and problem-solving.-Remote notarization options are available for convenience.-Real-life examples highlight the risks of not having title insurance.-The importance of verifying property ownership before transactions.-Title insurance can save buyers from significant financial burdens.-Personal relationships in the industry enhance service quality.

Buying and Selling: Fair Housing Myths

In this episode of the Finding New Owners podcast, host Tom Momenee speaks with Shalonda Thurmond, Associate Broker for Keller Williams Citywide, Keller Williams Professionals, and President-elect of Northwest Ohio Realtors. They discuss Shalonda's journey into real estate, the differences between being a broker and an agent, and the importance of fair housing laws. Shalonda and Tom share insights from a recent fair housing breakfast, emphasizing the need for better accessibility in housing and the significance of understanding fair housing laws to prevent discrimination. They also debunk common myths surrounding fair housing, highlighting the responsibilities of real estate agents and the importance of equal access to housing opportunities. In this conversation, Shalonda Thurmond and Tom discuss various aspects of fair housing, including rights, discrimination, and common myths surrounding affordable housing. They emphasize the importance of education and awareness in combating discrimination and understanding housing laws. The discussion also touches on personal experiences in real estate, including challenges faced during property sales and the cultural significance of housing choices.

Buying A Home: Moving Logistics

In this episode of the Finding New Owners podcast, host Tom Momenee interviews Tony Fox from MVM Moving and Storage. They discuss the origins of MVM, the challenges of growing a moving business, the importance of training and consistency in service, and the customer experience, including the introduction of virtual estimates. So when you buy a home you know things to look for in a moving company. Tony shares insights on the company's expansion plans and the moving industry's trends, emphasizing the dedication to customer service and the personal touch that sets MVM apart.

Selling and Buying: A Clients Perspective

In this episode, Tom Momenee and his previous client Malori discusses the challenges of selling a house while buying a new home at the same time. Malori shares her experiences with family dynamics, including making renovations to the house so it was ready for her family, and reflects on her real estate journey with Tom. The conversation highlights personal stories, challenges, and the connections formed through shared experiences. In this conversation, Malori shares her experience of buying a home with the help of Tom Momenee, a trusted realtor. They discuss the importance of trust in real estate, the challenges faced during the home buying process, and the significance of communication and support throughout home renovations. Malori emphasizes the role of faith in decision-making and the smooth negotiations that led to a successful purchase. The conversation also touches on the desire for a supportive community and the importance of finding the right agent to navigate the complexities of real estate transactions. #sellyourhouse #buyingahome #yourfavoriterealtor #podcast