Podcast Spotlight: Houwzer GM Discusses Using A 401k For Home Financing

Bob Griffith, Houwzer’s General Manager of Home Services, was recently featured on The Chrisman Commentary’s Daily Mortgage News podcast as a real estate industry expert. Griffith spoke with host Robbie Chrisman about how home buyers could use their 401k to help finance their house.

“It’s your money,” Griffith explains in the podcast, “So you can always have access to it. The IRS is in a position to take some penalties from you if you withdraw early. However, you also have the option of taking out a loan which you repay back to yourself – we believe this is really the smart move if you want to use your 401k for the purposes of amassing a down payment.”

Griffith goes on to explain the benefits and drawbacks of using a 401k as a downpayment, outlines how the process works, and more.

Note: this does not constitute as financial advice.

Listen to the podcast in full on Buzzsprout.

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Are you a driven real estate professional looking to elevate your career? Join Newfound Brokerage and be part of a dynamic team revolutionizing the real estate industry across the United States.

About Us

Newfound Brokerage is a cutting-edge real estate company dedicated to providing exceptional service and innovative solutions to our clients. We are seeking talented and motivated agents to join Trelora and Houwzer, our growing brands.

Key Responsibilities

  • Guide clients through the home buying and selling process, adapting to their schedules, including evenings and weekends.
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  • Identify and show properties that match buyers’ criteria.
  • Write, submit, and negotiate offers on behalf of clients, ensuring their best interests are represented.
  • Maintain consistent communication with clients, fellow agents, and stakeholders to facilitate smooth transactions and serve as the primary point of contact.
  • Demonstrate a thorough understanding of all real estate contracts, addendums, title work, settlement statements, lending processes, and associated costs.

Qualifications

  • Active and unrestricted real estate license
  • Minimum 2 years of experience with at least 5 transactions per year.
  • In-depth knowledge of your local real estate markets.
  • Excellent communication and interpersonal skills.
  • Strong customer service orientation.
  • Results-driven with a collaborative mindset.
  • Exceptional time management and organizational abilities.
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  • Reliable transportation for market area travel.

What We Offer

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  • 35% commission split on company generated referrals
  • No additional monthly fees
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Location

This position offers the flexibility to work remotely and in the field.

How to Apply

If you’re ready to take your real estate career to new heights, we want to hear from you! Please submit your resume, a brief cover letter explaining why you’re the perfect fit for Newfound Brokerage, and your transaction history for the past year.

Newfound is an equal-opportunity employer and values diversity in our workforce.