Taylor Briggs NMLS #1761830

10/31/2024

Application to clear to close in less than a week!!!

Shout out to Mel N Chan Daniels for giving me a call after the previous lender on this loan had already missed closing by 30 days and was basically non communicative and were coming up with a laundry list of ridiculous conditions that were unnecessary.

We got the application late Friday, the team hit the ground running and we had the loan clear to close by noon today!

AND WE HAD TO ORDER A COMPLETELY NEW APPRAISAL TOO.

I am incredibly proud of what my team and I have built and what we can accomplish even when big box lenders drop the ball and put us in a time crunch.

So happy to be able to save this deal for this first time homebuyer.

10/31/2024

Closing day for this first time home buyer!!

Congrats Victoria Rhodes we have been working together for over a year to find the right home for you and have the right strategy for your budget and finance goals!

This is an amazing step for building a solid nest egg for retirement and increase your rent worth.

Shout out to Tyler Rocke - Rocke Real Estate for always crushing it for his clients!

10/28/2024

Closing day for this first time homebuyer!

This client unfortunately never thought he would be a homeowner due to numerous obstacles. However the right team makes all the difference. This client had an amazing agent get all his closing costs covered and we paired that with Virginia Housings Down payment assistance grant so this client is getting this home for $0 at closing!!

The right strategy makes all the difference.

10/18/2024

Hit a huge milestone in my career yesterday I officially surpassed $30 million in personal volume for the year which was a huge goal I set for myself.

My best year ever before was $18 million, so this has been a huge increase and I am on track to even hit 35-40 million by year end!

Huge thank you to all my agent partners, past clients who refer me, and my awesome team who has been holding down ops side! This would be impossible without all of your trust and support!

I have a top tier goal of personally helping at least 100 families this year, if you or anyone you know is looking for a great mortgage experience let me know I can help in a majority of the US!

10/16/2024

Local Market update:

Virginia Beach consistently turning out year over year appreciation to its homeowners and rounds out the top 10 metros where Listing prices were up the most.

2.8% on a 300k home is an $8,400 gain in appreciation alone in a year's time. $8,400 in extra equity with you doing nothing.

Who doesn't like an extra $8,400!!

10/11/2024

Building a 5 star client experience is our entire teams mission. We love getting feedback like this knowing our efforts yielded the results for our clients we strived to achieve!

Happy clients = Happy Taylor

10/04/2024

Closing day for this military client who took advantage of the short window we had with substantially better rates.

Dropped his rate in the low 5s and gets to skip 2 mortgage payments too!

Who doesn't love saving money!

10/02/2024

Sellers make $79K more with agents!

A new survey by Clever Real Estate reveals that home sellers who used a real estate agent made $79,000 more than those who sold without one. The study, based on responses from 654 Americans who sold homes in the past two years, found that 36% opted to sell without an agent.

Key findings include 54% of those sellers regretting the decision, with agent-less sellers being 64% more likely to miss profit goals and twice as likely to be unhappy with their selling method.

Additionally, 49% of FSBO (For Sale By Owner) sellers wished they had priced their home differently, while 73% of represented sellers felt their agent set the right price. 87% of FSBO sellers would consider switching to an agent, especially if no offers came within two months.

To save on Realtor commission, many sellers choose to sell their home in a non-traditional way. Learn more about the outcome of their sales.

09/30/2024

Closing day for 2 happy Military homebuyers buying new construction homes one in NC and one in FL!

The first client is a first time homebuyer using his VA benefit to lock down this great home and is getting all of his earnest money deposit back at closing. Meaning this client is getting paid $1500 to buy this home. We beat out the builders preferred local lender on rate and cost as well. Huge shout out to Tyler Rocke for locking this down for his client!

The second client is a good friend of mine who I met last year on a surf trip to Costa Rica. Roughly a year later I get to represent him and his awesome wife on the purchase of their new home in FL for his next duty station. So glad their house made it through the hurricane with no issues!

Love finishing out the month strong by helping military families!

09/23/2024

Closing day for these happy homebuyers!!

Thank you Kyle Cassidy for referring your friends to me!

Thank you Emily Berry for being so awesome to work with and helping negotiate everything for these buyers! They got an awesome deal on this house ultimately roughly 30k under list price and closed a week early!

Congrats Hanchey Family!!!

09/13/2024

Here is why we have been saying buy a home if you can afford it the last few years despite if rates have been higher.

The average homeowner just gained another $25K in equity
According to a report released by CoreLogic® for the second quarter of 2024, U.S. homeowners with mortgages, which account for roughly 62% of all properties, saw their home equity increase by 8.0% year-over-year.

This represents a collective gain of $1.3 trillion and an average increase of $25,000 per borrower since the second quarter of 2023, bringing the total net homeowner equity to over $17.6 trillion in the second quarter of 2024.

“Persistent home price growth has continued to fuel home equity gains for existing homeowners who now average about $315,000 in equity and almost $129,000 more than at the onset of the pandemic.”


Dr. Selma Hepp, chief economist for CoreLogic

Total homeowner equity for borrowers with mortgages reached $17.65T in Q2 2024.

09/12/2024

When doing research online about interest rates, it is very easy to get confused by what you see and what goes into when you see the "avg market rate" online through surveys such as the Primary Mortgage Market Survey (PMMS). With out the right info, you very easily can have a false idea of where rates really are.

For those of you know don’t know how the PMMS Data is collected:

To be included in the weekly PMMS the loan must be:

A conforming conventional loan (not high balance)

20% down or more
Primary Residence Single Family
720 FICO Score or greater

The PMMS surveys a representative mix of Credit Unions, Depository Banks, and Independent Mortgage banks

The PMMS includes points and fees including origination charges and discount points. (Freddie used to publish the points and fees average as well but stopped doing that after COVID. They state the average discount and origination fee is between .75 and 2.000 depending on the week)

It is published every Thursday based on loans with a Note date the prior week.