Advisor CARES Assessment

A CLIENT'S HOME AS AN INVESTMENT

Home ownership is often referred to as “The American Dream.” It is also generally one of the largest investments your clients may make. Unfortunately, it is often misunderstood. Many decisions are made based on myths, misinterpreted facts, and in some cases being unintentionally mislead because the source of information isn’t knowledgeable, and possibly only interested in making a sale. Considering the cost and ongoing expense of home financing (mortgage) and the future fluctuating value of a home, an uninformed decision related to home ownership can cause a multitude of problems and have a negative effect on possibly your client's largest investment. This loss can be in the thousands or even hundreds of thousands of dollars. Your clients might want answers to questions like; “Should I accelerate my mortgage payments or not?”, "Can I afford the expenses involved in owning a home plus the mortgage payment?", "How do these payments affect my lifestyle and other financial goals?", What is the rate of return that I will receive on the money I 'invest' in my home?", "How does the amount of equity I have in my home affect my rate of return?"

As Someone Who CARESTM, we offer an objective and accurate report with invaluable information for you to provide your clients to review before they make a decision about their home as an investment and their mortgage. If they currently have a mortgage, you can help them review it to determine whether it’s correct for their personal situation or if adjustments may be beneficial.

Is understanding how your client's home works as an investment important to you? Would you like to learn more?