Jeff Franklin

DRE: SA544430000


(480) 620-4141

Welcome

casual jeff and susan

JEFF'S GOOGLE REVIEWS Click here!

JEFF'S ZILLOW REVIEWS Click here! 

Jeff is a 5-star Google realtor because he strives to serve you, rather than trying to be the biggest!  Jeff specializes in educating clients to make smart home choices, avoid becoming “house rich and cash poor”, and strategically STAGE, PRICE and sell your home FASTER and for MORE MONEY.

 

With over 15 years of formal teaching and coaching experience, combined with 17 years in real estate, Jeff has an innate ability to inspire homebuyers to sort through their wants and needs and align with their short and long-term goals.

 

Years ago, Jeff and Susan were inspired to radically change their lifestyle and pay off all their debt. This decision profoundly changed their lives! Now, their passion is to help you change your life forever, beginning with the biggest purchase of your lifetime! 

 

Call Jeff and find out why past clients say, "Jeff's got your back, is never pushy or leading and will never compromise his values to close a sale."


 

 

FAQ'S (Please scroll down for answers)

 

HOW CAN I MAKE SURE I CAN BUY A HOME BEFOE SELLING MINE?

HOME OWNERSHIP vs. RENTING, WHAT ARE THE PROS AND CONS?

HOW CAN YOU AFFORD TO NOT BUY A HOME?
WHY IS IT RISKY TO BUY A HOME WITHOUT A REALTOR?
HOW DO WE PREPARE YOU TO BUY A HOME AND ACHIEVE YOUR FUTURE FINANCIAL GOALS?

WHAT IS AN INSPECTION PERIOD AND WHY IS IT SO IMPORTANT?

WHAT IS A CREDIT SCORE AND HOW CAN IT BE IMPROVED?


 

 

HOW CAN I MAKE SURE I CAN BUY A HOME BEFORE SELLING MINE?

 

 

(Solution for this low inventory market)

 

 Click here to view a 1-minute video explaining the benefits of the KNOCK program that includes:

 

  1. Allows you to sell your home after you buy another;
  2. Helps with your down payment;
  3. Allows you to make a stronger offer;
  4. Provides repair money for the house you’re selling, to get top dollar.

 

Please give me a jingle if you or anyone else has any questions about the KNOCK program.

 

 

HOME OWNERSHIP vs. RENTING, WHAT ARE THE PROS AND CONS? 

 

Did you know a typical homeowner has 45 time more net worth than a renter in their lifetime?  If fact, Dave Ramsey says, “homeownership should be on everybody’s to do list” because it is a fantastic “forced savings program”!

 

This in itself should be enough motivation to buy a home but there are a number of other reasons also. These include: Pride of ownership, home appreciation, tax deductions, and no capital gains tax for the first $250,000 if your single and $500,000 for couples when you sell.

 

If these benefits are so impressive, why is there so much debate over whether it’s better to rent or buy a home?  Well, there are a number of reasons why it might not be advisable or even possible for you to buy a home at this particular point in your life.  These include a low credit score or financial problems, no down payment (which makes it much more difficult but not necessarily impossible), imminent relocation, declining market, unstable relationship, home maintenance cost, job security and simply not wanting the responsibility.

 

If none of these reasons for not buying a home apply to you, what’s holding you back?  Maybe you just need a little more information and somebody to walk you through the process.  Fortunately, we had our parents to patiently encourage us and assure us buying a home was the right thing to do. 

 

Well, we want to do the same thing for you.  Please give me a call, I would love to help you take this giant step towards home ownership and financial freedom.  The sooner you get started the brighter your future will be!

 

 

HOW CAN YOU AFFORD TO NOT BUY A HOME?

 

Forbes recently stated, “homeowners have 45 times more net worth than a typical renter”. It seems this single statistic would be more than enough motivation for everybody to buy a home because it has the potential to significantly improve your future financial well-being.

 

The biggest reason for this disparity, by far, is homeownership simply creates a “forced savings program.”  With every mortgage payment you’re required to make, your ownership automatically increases and adds to your net worth. On the other hand, every single dollar spent on rent is gone FOREVER!  Think about that! Forever!

 

Unfortunately, Americans are well known for not being good savers.  This is the reason the “forced savings program” is so important because it helps compensate for the poor savings lifestyle.   

 

So, the question you should be asking is not how can I afford to buy a home but how can I afford not to buy a home?!  Please give us a call, we would love to help you make homeownership a part of your life to help you build your net worth and avoid the debt-trap so many Americans get sucked into!!!


 

WHY IS IT RISKY TO BUY A HOME WITHOUT A REALTOR?

 

In the past it seemed that many buyers were totally uninformed about buying a home and assumed everything would work out ok.  However, today’s savvy consumers are usually very prepared to buy a home but often that confidence can also get them into hot water.  Unfortunately, we humans obviously just don’t know what it is we don’t know so we proceed forward assuming we have all the information we need.

 

Mistakes in real estate can cost tens of thousands of dollars in overpaying for a home, not pricing correctly and repairs. This is where a veteran realtor earns their keep because they are in the trenches every day and can help anticipate the unexpected and mitigate difficulties.

 

As we said at the beginning, good realtors are worth their weight in gold!  They sort through irrelevant and inaccurate and information, keep abreast of the everchanging market trends and practices, understanding the psychology of buyers and sellers, negotiating tactfully and have a backup strategy, know which questions to ask, think outside the box, keep you grounded emotionally, accurately prepare documents, explain your documents, insure you stay within your budget to accomplish your other financial goals, anticipate problems and challenges while communicating effectively with all parties evolved in the transaction, making competitive realistic request or offers to keep the transaction moving forward. 

 

The question is not whether you should use a realtor but how can I afford to not use a realtor.  Call Jeff and find why clients say Jeff is never pushy or leading and will not compromise his values to close a deal.


 

HOW DO WE PREPARE OUR BUYERS TO BUY A HOME AND ACHIEVE THIER FUTURE FINANCIAL GOALS?

 

Even with all the benefits of home ownership, many people still have some apprehension about making a huge financial commitment for the next 30 years.  I know, because I felt the same way.  Fortunately, my parents had purchased several homes in the past and were there to keep us grounded, encourage us and confirm that we were making the right decision.  WE ARE HERE TO DO THE SAME THING FOR YOU!!!

 

We will obviously provide the typical realtor services like explain the buying process, help you find a good lender to get you prequalified, find homes to meet your criteria and create the documents for you to sign.  But we also take the time to patiently answer all your questions, explain the documents you are signing and look out for your financial well-being.

 

All the emotions first time home buyers experience is understandable.  However, it is our goal to remove the emotions from the buying process because they often cause you to make decisions you shouldn’t make. 

 

We also take the time to discuss your wants and more importantly your needs.  Then we discuss your buying options and how your decisions can affect your short-term goals, long-term goals and even the elusive life balance.

 

I have personally bought and sold several homes and have helped many other people do the same.  I understand how to help you find the home that makes the most sense for you.  I also understand how to help you avoid the pitfalls many first-time homebuyers make.

 

Please give us a call, we would love to help you make a smart home purchase, avoid the debt-trap so many Americans get sucked into and achieve a Life in Balance.


 

WHAT IS AN INSPECTION PERIOD AND WHY IS IT SO IMPORTANT?

 

The 10-day inspection period is the homebuyer’s best friend!  Besides the realtor, of course (LOL)!!!  It is designed to protect the buyer by giving them time to do all their research, read their documents and complete their inspections to ensure the home and neighborhood is everything they expect it to be.


During their inspection period the buyer has three options.


1. Accept the property as it is.

2. Cancel the contract immediately if they feel an issue is too big.

3. The buyer can ask the seller to make repairs. Then, the seller has the option to make all the repairs, some of the repairs or do nothing. If the seller chooses to do anything less than the buyer requested, the buyer can either accept the seller’s offer or cancel the contract.


In order for the buyer to cancel a contract and get their money back they must cancel within the 10-day inspection period, and give a reason for the cancelation that is allowed by the contract.


If the buyer decides to cancel after the 10-day inspection period they will most likely have to forfeit their earnest money.


Buying a home is one of the biggest financial decisions of your lifetime so make sure you use this inspection period effectively.  It could save you tens of thousands of dollars.


There are 10 things you need to know about real estate. #1 call Jeff Franklin, and as always, I’ve got your back for the other 9!  Please call me for more information.

 

 

WHAT IS A CREDIT SCORE AND HOW CAN IT BE IMPROVED?

 

A credit score is just a rating of how likely you are to pay your bills on time.  This topic can become quite complicated so I will simplify it as much as possible.   For our purposes you can consider a credit score and a FICO score one and the same.

 

Lenders have access to FICO SCORES which indicate the buyer’s level of risk based on the 5 categories below. As you can see, each category is weighted differently to account for its significance in the overall credit score.

 

5 CATAGORIES USED TO CALCULATE YOUR CREDIT SCORE

  1. Your payment history                      35%
  2. How much you owe                        30%
  3. Length of credit history                   15%
  4. New credit                                       10%
  5. Other factors                                    10%

By the way, don’t assume an online credit score, Auto FICO Score, Credit Card FICO Score are the same as your Home Loan FICO Score.  You also need to understand the online credit scores are not as thorough as a lender’s FICO Score. 

 

HOW GOOD IS YOUR CREDIT SCORE?

 

According to Experian, here are the ratings for each of the credit score ranges.  Use this scale to determine how likely you are to qualify for a descent loan.

300 -579 is very poor.

580-669 is fair.

670 – 739 is good.

740 – 799 is very good.

800 – 850 is exceptional.

 

HERE ARE SOME THINGS YOU CAN DO TO IMPROVE YOUR CREDIT SCORE

 

Reduce your debt

Keep credit card charges below 30% of your limit

Pay on time

Pay off credit cards every month if possible

Keep credit inquiries to a minimum

Don’t use one credit card to pay off another

 

After improving your credit score you may want to wait for a year to make a big purchase.

 

If you have a lower credit score, we would love to help you raise that score in order to qualify for a better rate on your home loan.  Please give us a call to help you not only make a smart home purchase but also avoid the debt-trap so many Americans get sucked into and achieve the elusive life in balance and financial freedom.