Brett Carter of ServiceMaster by Cornerstone, later in the show willsharing some tips to avoid fire, flood and other disasters in yourhome.

What do YOUwant to accomplish with YOUR mortgage? Make your plan. Let’s workyour plan. If the deal works for you today, let’s do it today. Call me at 901 482-0354. Subscribe to get Real Estate MortgageShoppe podcasts with show notes at www.TNRDHomeLoans.com

To YourSuccess,

McKenzie Mortgage RD Loans,Mortgage Loan Officer NMLS# 757308

(901)482-0354 This email address is being protected from spambots. You need JavaScript enabled to view it.

LET’STALK!

Goodmorning, Memphis! Welcome to our internet listeners and podcastlisteners across the 50 states! You’re on Real Estate MortgageShoppe. I’m your host, McKenzie Mortgage RD Loans, Mortgage Loan Officer. You canconnect with me at www.TNRDHomeLoans.com. Our general topic is A REFINANCE TO RECREATEYOUR LIFESTYLE-HOME REPAIRS TO RESCUE YOU FROM TROUBLE. RealEstate Mortgage Shoppe is sponsored today by real estate closingattorneys, Rob Draughon and Shelley Rothman of Griffin Clift Evertonand Maschmeyer. For your home purchase or refinance closing give Roband Shelley a call at (901) 752-1133. Subscribeto get our weekly blogposts with podcasts at www.TNRDHomeLoans.com.Call us while we are live at (901) 535-9732Today is September 12th, 2020.

INTRODUCINGED HILL OF MASTERS ROOFING

Ed Hill ofMasters Roofing, so glad to have you back in the studio You havebeen in the roofing business since 2008 and have been SeniorConsultant with Masters Roofing since 2010. You wrote the book on“Home Improvement” and our listeners can glean more from yourpodcast at For our listeners, Ed Hill shares even more of hisknowledge and skills available for you to hearatMemphisHomeMaintenanceShow.Podbean. Ed Hill introduceshimself and talks about what Masters Roofing does for their clients

THREEREFINANCE STRATEGIES FOR A BETTER LIFE

(Jo) Overthe past 6 months I have heard countless stories from mortgagecustomers and callers who relate a common situation. They were justliving life day after day, year after year in a comfortable rut. Suddenly, like a boulder bouncing onto their path, 2020 hit. Theyhad to stop and ponder a new path. What felt like an obstacle forsome turned out to be an opportunity for a better life.

Everybody’sstory is different and so are the solutions they choose to theirsituations. But here are the three most common refinance structuresthat can recreate your life and rescue you from trouble.

1^stscenario -Refinancing a mortgage you already have to get a lower rateand a lower mortgage payment. One of my very savvy mortgage clientsfound himself with some extra time. He did some calculations andfigured out he could recreate a better lifestyle for his wife andhimself by refinancing his mortgage to a longer 30 year with a muchlower rate in the 2’s and take the hundreds of extra dollars amonth and reinvest somewhere else—including enjoying life to ahigher degree.

2^ndscenario- Refinancing to lower the rate and shorten the term on yourmortgage (getting rid of your mortgage sooner) This brings somegreat bragging rights to the borrower. When you are shortening theterm on your mortgage, but typically you are saving a lot more moneyby getting rid of several years off your mortgage term.

3^rdscenario – Refinancing to roll in other higher interest rate debtinto one low, fixed rate mortgage. Another mortgage client called meand said, “I have a low mortgage rate already so I don’t know ifit would be worth refinancing, but thought we could just compare someoptions. Since his mortgage rate was already in the 3’s, I reallydidn’t think it would be worth refinancing. But then he said, “Ihave all of this equity in my house, what if I refinanced to get somecash back to pay off some other high interest rate debts?” Weworked that scenario and they ended up saving over $1,000 per monthin over all monthly debt payments. They were also very smart. Hiswife said, “Let’s set up to pay the $1,000 we have saved permonth toward principle and get this mortgage paid off faster.” This couple are shaving YEARS off the mortgage at thousands ofdollars less interest costs.)

Don’t letthis golden opportunity of artificially low mortgage rates pass youby. MAKE YOUR PLAN. LET’S WORK YOUR PLAN. IF THE DEAL WORKS FOR YOUTODAY, LET’S DO IT TODAY. Connect with me at www.TNRDHomeLoans.com.Email me at This email address is being protected from spambots. You need JavaScript enabled to view it. orjust call me at (615) 924-6215.

(Jo)Wehave been talking about AREFINANCE TO RECREATE YOUR LIFESTYLE-HOME REPAIRS TO RESCUE YOU FROMTROUBLE. I have shared some ways homeownerscan get a big pat on the back and recreate a better life with amortgage restructure. Let’s talk about how home repairs can rescueyou from trouble. Com (EdHill of Masters Roofing defines “Leakology” and why it isimportant to understand how it works when it comes to avoiding troubles with water leaks at home and work.)

I’mMcKenzie Mortgage RD Loans, Mortgage LoanOfficer. What do YOU want to accomplish withyour mortgage? When we come back you don’t want to miss Ed Hill ofMasters Roofing pointing us away from trouble when it comes to ourroof. Brett Carter of Servicemaster by Cornerstone will pop in withsome preventive tips we can do to avoid trouble down the road. Seeyou back later…

9:15 AM segment TALKSHOPPE BUSINESS TIP FOR REAL ESTATE PROS

^2ndsegment after 9:15 advertising break – (producer to start the song“Taking Care of Business” by Bachman Turner Overdrive –butbring the volume down before the lyrics start) It’s time to talkshop with Talk Shoppe’s Business Tip For Real EstateProfessionals. Talk Shoppe is a marketing company offering freeeducation and networking to anyone interested in real estate or inbusiness. Talk Shoppe is made possible by the financial support ofits sponsors and advertisers. For more about Talk Shoppe, go towww.TalkShoppe.com (shoppe) For our Talk Shoppe Business Tip today we have Talk Shoppe sponsorBrett Carter of Servicemaster by Cornerstone. Servicemaster byCornerstone restores homes and businesses after a fire, flood, moldor bio hazard. They serve our community in many ways, not just bymaking Talk Shoppe’s networking and education free to ourcommunity, but you guys served our sheriffs department a few monthsago by sanitizing their cars and sanitizing ambulances too. Brett,what is our Talk Shoppe Business Tip for Real Estate Professionalstoday? (Brett has about 1.5 minutes to share some budgeting tips)

Brett Carter ofServicemaster by Cornerstone, how do we contact you? (901) 624-9200

Brett’s Tip: Keep the drainline from your water heater clear of debris. Dirt dobbers and othercreatures sometimes make nests in them and clog them up. Check ityearly by slowly draining water from your water heater, and make sureit flows straight through in case there is ever a leak.

TOPICS COVERED BY ED HILL OF MASTERS ROOFING

Leakology: Locating HomeWater Leaks

You have just walked intoyour home to find water standing in your foyer. “Uh oh, better callthe plumber! Wait, it rained really hard today, could it be theroof?”

There are three mainsources of leaks to your home.

INSIDE, OUTSIDE ANDTOPSIDE!

INSIDE LEAKS

Check to see if there arebathrooms, kitchens or laundry rooms above the area where the leakappears, if so is there a leak in the plumbing? Turn off the watersupply and if the leaking stops you will know you have a plumbingleak and should contact a plumber.

Are there brown stainslike tea stains on ceilings where there are no plumbing pipes or airconditioner blowers above? It may be a roof or gutter leak and willneed a roofing professional.

If there is an airconditioner blower pan above that area, check to see if there iswater in the pan that may be overflowing and causing a leak. If thereis either, you will need an HVAC professional.

Some inside leak sourcesare obvious such as an overflowing washing machine or dishwasher orice-maker water supply line and may indicate the need for anappliance repair technician.

OUTSIDE LEAKS

If there are wet spots onthe walls or floors they may be an indication of a foundation issueor cracks in the brick work of walls or chimneys. Have yourfoundation and brick work inspected by qualified professionals.

Improper landscaping,gutter system installation or sprinkler system issues may lead toinside leaks coming from the outside. Consult an expert inlandscaping design, gutters or lawn irrigation.

If water appears on theinside around windows it may point to the need for recaulking thewindow frames. A painter can help with that.

TOPSIDE LEAKS

If your leaks appear onlywhen it rains then they may be due to issues on the roof itself suchas missing, creased, broken, wind-lifted, loose or hail-damagedshingles or flashing issues. You need an honest expert roofinspection to properly diagnose these leak sources.

Tree limbs may fall on aroof and cause a puncture on the shingles and roof decking and bendor knock off ventilation piping or accessories. These leak sourceswill require the help of a roofing professional.

Improper roofinstallation in valleys are a common leak source. A roofer will beneeded to determine how to solve that problem.

Ed Hill, SeniorConsultant, Masters Roofing Memphis TN is “The Happy