Raleigh Mortgage Broker | Page 12 of 25 | Mortgage Lenders in Raleigh NC

Buying a Home in Raleigh with Confidence

October 30, 2022 by Kevin Martini

Kevin Martini is a mortgage broker in Raleigh NC and offers access to a powerful tool called; Martini Mortgage Group Homebuyer Portal which is powered by Homebot. If you are thinking of buying for the first-time or as a repeat homebuyer, unlock your free secure access to this portal that highlights market temperature in Raleigh, NC (or any city in the U.S.) and price point along with other powerful metrics.

Our buyer portal provides impactful data on when and where you should buy a home. It also provides clarity to understand your buying power so when the time is right, you will have certainty.
Kevin Martini | Mortgage Lender Raleigh

Buy Smart To Build Wealth Faster

KNOW WHEN AND WHERE TO BUY

What if you could find your dream home at a better price in a nearby neighborhood? Explore zip codes by popular market, cheaper buys, & more!

UNDERSTAND YOUR BUYING POWER

Getting prequalified is nice but irrelevant in the current market! A must in today’s market is to be fully approved so you can make a ‘same-as-cash’ offer armed with price and cost clarity along with having certainty.

Are you selling too? With the Martini Mortgage Group Homebuyer Portal you can add your home to see its value, and how much cash you could put towards your next home.

BE READY TO MAKE YOUR MOVE

Don’t miss out on your dream home because you’re unprepared.

Be a competitive buyer by getting approved and double checking the market trends.

TO START, JUST ENTER THE CITY YOU WANT TO LIVE

FOR MORE INFORMATION, CHECK OUT THESE EPISODES OF THE MARTINI MORTGAGE PODCAST

Mortgage Lender in Raleigh NC Shares How Sellers Can Benefit From A 2-1 Buydown

October 29, 2022 by Kevin Martini

A buydown, specifically a ‘2-1 Seller-Paid Buydown’ is an amazing buyer and seller negotiating strategy in a real estate market that is neutralizing.

What is a ‘Seller-Paid 2-1 Buydown’?

A “Seller-Paid 2-1 Buydown” is where a seller pay a fee at the closing to reduce the interest rate on the buyer’s mortgage by 2% in year 1 and 1% in year 2. This results in temporarily lowering the buyer’s monthly payment and making the home more affordable for them.

What are the benefits of a 2-1 Buydown?

A 2-1 Buydown reduces the buyer’s interest rate and monthly payment during the first few years of homeownership, making the home more affordable for them.

It has a much greater impact on the buyer’s monthly payment than reducing the list price of the home.

This could be a great negotiating tool because a greater percentage of homes listed for sale in today’s market are seeing price reductions. A 2-1 buydown makes a listing more affordable to a wider range of buyers who may have otherwise been priced out of the market.

How does a 2-1 Buydown give a seller a competitive advantage?

When a seller offers to pay for a 2-1 buydown for a homebuyer it could give their home for sale a competitive advantage vs. other homes listed for sale in today’s changing market. This is because interest rates have gone up significantly this year, creating an affordability crisis for many potential buyers.

A 2-1 buydown could also save you the aggravation and financial loss of having to significantly reduce your list price in order to compete with other homes that may be listed for a lower price.

Let me know if you’d like for me to run some numbers to see the specific impact that this strategy could make in your situation!
Kevin Martini, mortgage lender Raleigh

3 Buydown options offered by the Martini Mortgage Group

For more information about Seller-Paid Buydowns tune into the Martini Mortgage Podcast

The Martini Mortgage Group at Gold Star Mortgage

The Martini Mortgage Group is located at 507 N Blount St, Raleigh, NC 27604 and helps families in every county in North Carolina.

3 New 2023 IRS Rules that Impact Raleigh Homebuyers and Homeowners

October 20, 2022 by Kevin Martini

The Internal Revenue Service (IRS) announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions via IR-2022-182 Press Release titled “IRS provides tax inflation adjustments for tax year 2023” (a.k.a. IRS Revenue Procedures 2022-38).

The three provisions that may impact Raleigh homebuyers and homeowners are the ‘Standard Deduction’, ‘Gift Tax Exclusion’ and ‘Marginal Tax Brackets’.

Standard Deduction

For taxable year beginning 2023, the standard deductions changing:

$27,700 is the new 2023 standard deduction for a married couple filing jointly for 2023. This is up from $25,900 in 2022.

The new 2023 standard deduction for heads of households will be $20,800. This is up from $19,400 in 2022.

For single tax payers and married individuals filing separately, the new 2023 standard deduction is $13,850. In 2022 this was $12,950

2023 Standard Deduction	Filing Status
$27,700	Married Individuals Filing Joint Returns and Surviving Spouses
$20,800	Head of Households
$13,850	Unmarried Individuals
$13,850	Married Individuals Filing Separate Returns

information above from IR-2022-182 Press Release

Gift Tax Exclusion

$17,000 will be the annual gift exclusion in 2023. In 2022 it was $16,000.

Marginal Tax Brackets

37%: for incomes greater than $578,125 ($693,750 for married couples filing jointly)
35%: for incomes over $231,250 ($462,500 for married couples filing jointly)
32%: for incomes over $182,100 ($364,200 for married couples filing jointly)
24%: for incomes over $95,375 ($190,750 for married couples filing jointly)
22%: for incomes over $44,725 ($89,450 for married couples filing jointly)
12%: for incomes over $11,000 ($22,000 for married couples filing jointly)
10%: for incomes of $11,000 or less ($22,000 for married couples filing jointly)

Calculate Your After Tax Cost Of Your Raleigh Mortgage

best raleigh after tax benefit of a mortgage best mortgage broker kevin martini 507 n blount st raleigh, nc 27604 — https://www.martinimortgagegroup.com/after-tax-cost-of-your-raleigh-mortgage/

PLEASE NOTE: THIS OVERVIEW IS PROVIDED BY THE MARTINI MORTGAGE GROUP FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL, TAX, OR FINANCIAL ADVICE. PLEASE CONSULT WITH A QUALIFIED TAX ADVISOR FOR SPECIFIC ADVICE PERTAINING TO YOUR SITUATION. FOR MORE INFORMATION ON ANY OF THESE ITEMS, PLEASE REFERENCE IRS REVENUE PROCEDURE 2022-38.

Logan Martini

Senior Mortgage Strategist | NMLS #1591485