Month in Review
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Here are some key points from the September Market Report Video

• INVENTORY: The number of listings available is lower than it was in the last three normal years.
  

• PRICE FORECASTS: Experts have positively revised their price forecasts for this year.

Heroes Incentive Update
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We are excited to share an important update regarding our Heroes Incentive program. To ensure transparency and clarity, we have recently updated some of the program's disclosures. As part of our ongoing commitment to support you, our trusted real estate agents, we are thrilled to offer co-branded flyers to help promote this fantastic incentive. If you're interested in a co-branded flyer, please don't hesitate to reach out to us. 

Product Spotlight: DSCR
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DSCR stands for "Debt Service Coverage Ratio," and it is used by lenders to assess the ability of a borrower to repay a loan. The DSCR is calculated by dividing a property's Rental Income by its total debt service (mortgage payment). The formula is: DSCR = Rental Income / Mortgage Payment

The resulting DSCR value indicates the property’s ability to cover its debt obligations with its income. A DSCR above 1 means that the property's income is greater than its debt payments, which is generally seen as a positive sign. A higher DSCR value indicates a stronger ability to cover debt obligations, which can increase the likelihood of loan approval and better loan terms.

Lenders typically have specific DSCR requirements that borrowers must meet to qualify for a loan. For example, if a lender requires a DSCR of 1.25, it means that the property's or business's net operating income must be 1.25 times the amount of the debt payments. This provides a buffer for unexpected expenses or fluctuations in income.

Overall, the DSCR Loan is a financing arrangement where the lender places a significant emphasis on the borrower's DSCR as a key factor in evaluating the borrower's creditworthiness and the feasibility of the loan repayment.

National Preparedness Month
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National Preparedness Month is an observance each September to raise awareness about the importance of preparing for disasters and emergencies that could happen at any time. Below we've provided a downloadable Basic Disaster Supplies List, equipping you with essential items to better respond to unexpected crises, ensuring your safety in times of need.

Does this Market Have You Stressed Out?
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Are you looking for a way to stay connected and up to date with our latest news and updates on all things real estate? Then look no further than our social media channels! By following us you’ll gain access to valuable resources and insights, such as expert tips, helpful advice, and inspiring ideas. Follow us on your favorite social media platform today and start connecting with us and others in our community!

Want Weekly Market Updates?
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After receiving many requests, I have been sending Weekly Market Updates on Fridays to my realtor and referral partners. I have been fielding numerous calls asking for clarity on what is going on in the market from past clients, clients who are currently looking, and future clients who plan on purchasing in the not-too-distant future. If you or anyone you know would like to be added to my Weekly Market Update email, reply to this email, or use/send them the button below to start receiving this timely information! 

I have over 20 years of lending experience and a 100% closing record. The Holly Walther Lending Team is among the top mortgage loan producers in all of Georgia.