Navigating Mortgage Challenges: Tax Liens, Rates, and Understanding Bankruptcy

Welcome back to GoGaddis Real Estate Radio, your trusted source for real estate insights and advice. In today's episode, we're diving into the complexities of mortgages, exploring how Federal or State tax liens can impact your ability to secure a mortgage. We'll also demystify mortgage rates and discuss the factors that influence them. Join us for a comprehensive look at these important topics, featuring special guest John Burchfield from Capital City Home Loans. Segment Introduction: Join us as we unravel the complexities of mortgages, discussing the impact of tax liens on borrowers and shedding light on the factors influencing mortgage rates. Plus, stay tuned for an insightful discussion on mortgage banks failing and bankruptcy. Federal or State Tax Liens - How They Affect Mortgage Approval: Discover how Federal or State tax liens can affect a borrower's ability to secure a mortgage. Learn about the best practices for getting these liens released and how to navigate this common challenge. Factors Affecting Mortgage Rates: Gain valuable insights into the various factors that influence mortgage rates. Understand how inflation, the Federal Reserve, and the 10-year Treasury Bill impact the rates you're offered as a borrower. Mortgage Banks Failing and Bankruptcy: Stay tuned for a discussion on the implications of mortgage banks failing and the potential for bankruptcy. Learn how these situations can affect borrowers and what steps you can take to protect yourself. Closing Segment: Thank you for joining us for today's episode of GoGaddis Real Estate Radio. We hope you found our discussion on tax liens, mortgage rates, and mortgage banks insightful and informative. Be sure to subscribe to our podcast for more expert insights and advice on navigating the world of real estate. Until next time, happy listening and happy home buying! As always, if you have any questions, comments, or feedback, feel free to reach out to us at GoGaddisRadio.com. We're here to help! Host of GoGaddis Radio, Cleve Gaddis, has been a fixture in metro Atlanta real estate since 2000. He has served Atlanta since 1987 by helping thousands of buyers and sellers make smart decisions. As a Co-Team Leader of Modern Traditions Realty Group, he is able to help clients and real estate agents alike. He has the heart of a teacher and is passionate about helping listeners learn the ups and downs and the ins and outs of smart home buying and selling all throughout metro Atlanta. If you have a question for Cleve, click here : https://gogaddisradio.com/ask-a-question If you are looking to buy or sell your home with Cleve, click here : https://moderntraditionsrealty.net/contact If you are looking to join a real estate team, click here : https://moderntraditionsrealty.net/career-opportunity If you bought a home last year, don’t forget to file your Homestead Exemption! https://moderntraditionsrealty.net/homestead-exemption