Get set for a chat on what's happening in the mortgage world right now with Greg Wareham, host of Your Mortgage Process podcast!We debate a vital homeowner's decision - to waive or not to waive the appraisal. With Greg's guidance, we untangle the potential impact of this decision, highlighting not only the immediate implications but also the possible negative consequences.Greg tells us about new government plans that could change how you're taxed when you sell your home.This chat is a must for anyone wanting to understand real estate from all angles!#CarChatLive #InsuranceIsntBoringEpisode Highlights:✅ David Velasco asks Greg Wareham to tell us about what's happening in the mortgage world today. (1:12)✅ Steve Roderick asks Greg to outline some of the challenges that prospective home buyers are facing to secure affordable loans. (2:08)✅ David asks Greg about the homeowner's impact when deciding to waive the appraisal. (3:04)✅ Greg tells us about the potential negative consequences of waiving appraisal. (6:08)✅ Greg lets us in on some government initiatives that could potentially change the way homeowners are taxed on the sale of their primary residence. (6:44)Key Quotes:💡 "Lower down payments with lower interest rates to make housing more affordable. But it doesn't really fix our supply issue. So there's something right now they're trying, they introduced to Congress, which is to change the way you're taxed on the sale of your primary residence. So right now, if you sell your primary residence and you take all that money and you buy another house, there's no tax liability." - Greg Wareham💡 "if there's one thing the market hates, it's extreme volatility and people are uncertain as to whether or not we're going into a recession, whether or not the economy's healthy and there's mixed signals from both sides of the aisle. And as a result of that, you've seen some swings in interest rates." - Greg WarehamThanks for listening! Follow us on LinkedIn and watch us LIVE every Monday at 9am EST! http://www.linkedin.com/company/community-association-car-chat

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