Patrick Hale

Patrick is the CEO and Broker of Record for The Local Realty, Inc. (a boutique lifestyle real estate company) which powers 10+ trademarked brands and 500+ networks including partnerships with 10,000+ referral partners across the world.

Full Service “Exclusive” Listing Agreements

Exclusive Agreements give your REALTOR the desire to get your property sold at all costs. Why? Commitment. There are two types of Exclusive Real Estate Listing Agreements: 1. EXCLUSIVE AGENCY LISTING AGREEMENT An Exclusive Agency Listing contracts one brokerage to sell the property. If that agent, or any other licensed cooperating agent finds an acceptable …

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Self employed mortgage

Self employed mortgage: Tips for the self employed when buying a home

When you’re self-employed and buying a home, there may be more asked of you in order to obtain a mortgage. Before starting your journey, know what some of the extra steps might be. Buying a home can be different for self-employed homebuyers. Understand what’s expected of you and why, such as why a lender might …

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Mortgage payment breakdown

Mortgage payment breakdown: How mortgage principal and interest works

A monthly mortgage payment includes at least two parts: an amount that goes towards the principal and a second amount that goes towards interest. When you’re looking at your home loan, it’s important to understand what your mortgage payment is going towards each month and how your lender is calculating this amount. So what is …

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Debt-to-income ratio

Debt-to-income ratio: What to know before applying for a home loan

When you’re applying for a loan, one of the most important factors in determining your final mortgage amount is your debt-to-income ratio. Learn more about this percentage and why it’s so important. Your debt-to-income ratio is the percentage of your monthly gross income that is used to pay your monthly debts including housing. It’s important …

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