Jackie Baker
Jackie Baker
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0% Mortgages Will Bring the Next Wave of FORECLOSURES
Word on the street is zero % down mortgages are making a comeback. While this loan option may seem like a life raft to those buyers who are struggling to buy a home, experts are warning that these loans could lead to another 2008 housing crash and bring on a wave of foreclosures. I’m going to explain what this zero percent down loan is all about, share the experts opinions on it and share with you alternative loans or programs you should consider.
CHECK OUT THESE VIDEOS NEXT:
HOAs ARE SEIZING HOMES ➡️ th-cam.com/video/vCFLY-ENm38/w-d-xo.html
THE SHOCKING COST OF FORECLOSED HOMES IN NEW JERSEY ➡️ th-cam.com/video/vIZMUnkGwaE/w-d-xo.html
Thanks for being here to get your dose of real estate reality! 🏡
🏡 NEED A REALTOR IN YOUR AREA? Click the link below to get connected with an agent!
✅If you'd like to work with me to help you with your real estate needs in Northern NJ or need an agent referral in your area, click here: www.jackiebakersellsnj.com/
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🏡 If you're interested in purchasing a foreclosed home, visit Foreclosure.com to see all of the available homes: www.foreclosure.com/?rsp=3655
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As an affiliate partner with Saatva, I earn from qualifying purchases at no extra cost to you.
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Jacqueline "Jackie" Baker
NJ License 1541448
Coldwell Banker Realty
Allendale/Saddle River
#realestate #jackiebakerrealtor #jackiebakersellsnj #homebuyingtips #homesellingtips #realestateinvesting
All images and additional video segments contained in the Thumbnails and/or B-roll segments are used in strict compliance with the appropriate permissions and licenses required from pixabay.com and in accordance with the TH-cam Partner Program, Community guidelines & TH-cam terms of service.
มุมมอง: 39 292

วีดีโอ

THIS Will Be Worse Than a Housing Market Crash
มุมมอง 35Kวันที่ผ่านมา
Everyone these days are wishing for the housing market to crash because they think that many will be able to afford a house when the prices come down. Does anyone realize how a crash in housing prices effects the economy? It will be worse than the crash itself. It won’t be pretty. CHECK OUT THESE VIDEOS NEXT: The Housing Bubble is Starting to BURST➡️ th-cam.com/video/veFTvufBnQA/w-d-xo.html Wha...
NEVER Buy a Condo
มุมมอง 80K14 วันที่ผ่านมา
I know many think that a condo is a more affordable option to a single family home. But condos these days come with a big share of problems and I’m going to tell you why you should never buy one. CHECK OUT THIS VIDEO NEXT: NEVER Buy These Types of Houses ➡️ th-cam.com/video/6XXjKV37gSk/w-d-xo.html Thanks for being here to get your dose of real estate reality! 🏡 🏡 NEED A REALTOR IN YOUR AREA? Cl...
Home Buyer REGRETS: 43% of Homeowners Can't Afford Their Home
มุมมอง 57K21 วันที่ผ่านมา
Recent homebuyers are facing their biggest regret. 43% of new homeowners are struggling to pay their mortgage. This video I dive in to what is happening with our new homeowners and why they are struggling. I'll also share some tips for what to do to avoid running into this problem. Note all information shared in this video is from Clever Real Estate, Zillow and Core Logic. The data given is NOT...
HOAs Are SEIZING Homes
มุมมอง 127Kหลายเดือนก่อน
Homeowners are facing a surprising threat of foreclosures by their HOA's. In this video I’ll tell you how the HOA’s can foreclose on you, share some nightmare stories of homeowners who were foreclosed on and tell you how some states are stepping up to put an end to this madness. If you need legal help, please contact an attorney. This video is not intended to provide legal advice! CHECK OUT THE...
The Housing Bubble is Starting to BURST
มุมมอง 110Kหลายเดือนก่อน
The latest news about the housing market shows that certain markets in the US is starting to see prices come down. This is welcome relief for many homebuyers. Buyers are at the brink and they’re saying no to these high prices. In this video I’m going to talk about which markets are starting to see that bubble burst. And I’ll also talk about which markets that are still hot. I’m kind of excited ...
NEVER Buy These Types of Houses
มุมมอง 1.2Mหลายเดือนก่อน
Searching for a home is daunting, and when you come across one that checks the boxes, people will turn the other way when red flags pop up. This is the largest investment you will ever make in your lifetime. So I want to tell you the type of home never to buy so you don’t make a huge financial mistake. Thanks for being here to get your dose of real estate reality! 🏡 🏡 NEED A REALTOR IN YOUR ARE...
You'll REGRET Buying a House This Year
มุมมอง 136Kหลายเดือนก่อน
You'll REGRET Buying a House This Year
10 NEW Reasons Why You Shouldn't Move to Florida
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10 NEW Reasons Why You Shouldn't Move to Florida
AFFORDABLE Dream Homes in These 10 Cities
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AFFORDABLE Dream Homes in These 10 Cities
What Will Happen to the Housing Market When the Boomers are GONE?
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What Will Happen to the Housing Market When the Boomers are GONE?
Home Buyers Will REGRET the New Commission Rules
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Home Buyers Will REGRET the New Commission Rules
SHOCKING Cost of Foreclosed Homes in NJ - No Bargains Here!
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SHOCKING Cost of Foreclosed Homes in NJ - No Bargains Here!
10 Reasons Why You Shouldn't Move to Austin Texas
มุมมอง 32K3 หลายเดือนก่อน
10 Reasons Why You Shouldn't Move to Austin Texas
The Housing Market is SHIFTING in these 10 Cities
มุมมอง 3.9K3 หลายเดือนก่อน
The Housing Market is SHIFTING in these 10 Cities
90% of Home Buyers REGRET Buying Their Home
มุมมอง 160K3 หลายเดือนก่อน
90% of Home Buyers REGRET Buying Their Home
Mistakes to Avoid When Buying a Foreclosure
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Mistakes to Avoid When Buying a Foreclosure
Investing in Real Estate Without Owning a Home
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Investing in Real Estate Without Owning a Home
10 Best States to Relocate in 2024
มุมมอง 7K4 หลายเดือนก่อน
10 Best States to Relocate in 2024
New Year, Same Housing Market
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New Year, Same Housing Market
Renting a Home May Be CHEAPER Than Buying One
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Renting a Home May Be CHEAPER Than Buying One
The Housing Market is NOT like 2008. It's like 1980.
มุมมอง 23K8 หลายเดือนก่อน
The Housing Market is NOT like 2008. It's like 1980.
Discover the 10 Cheapest States for Real Estate
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Discover the 10 Cheapest States for Real Estate
This is How Much House You Can Get On a $60K Salary
มุมมอง 86K8 หลายเดือนก่อน
This is How Much House You Can Get On a $60K Salary
Home Prices Will RISE 15% Next Year
มุมมอง 3K8 หลายเดือนก่อน
Home Prices Will RISE 15% Next Year
Buying Your First Home? Stay Away from These States!
มุมมอง 32K8 หลายเดือนก่อน
Buying Your First Home? Stay Away from These States!
Zillow's 1% Mortgage Could End the Housing Market
มุมมอง 3.5K9 หลายเดือนก่อน
Zillow's 1% Mortgage Could End the Housing Market
Homes Won't Be Affordable For a Long Time
มุมมอง 5K10 หลายเดือนก่อน
Homes Won't Be Affordable For a Long Time
10 Recession Proof States
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10 Recession Proof States
Can You Afford a $436,800 House?
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Can You Afford a $436,800 House?

ความคิดเห็น

  • @Persephone-nr1dl
    @Persephone-nr1dl 29 นาทีที่ผ่านมา

    The homeless problem could be greatly reduced if we had affordable housing. We'd have more affordable housing if people would quit moving here and driving up rents and gentrifying people out of their homes.

  • @Persephone-nr1dl
    @Persephone-nr1dl 31 นาทีที่ผ่านมา

    You forgot Greg Abbott.

  • @doboi8121
    @doboi8121 ชั่วโมงที่ผ่านมา

    Stay in California

  • @Bullitt1768
    @Bullitt1768 ชั่วโมงที่ผ่านมา

    Lol #4 is my house. Just bought in October. Needed shelter in Jersey and apartments weren't cutting it, so I had to sacrifice some stuff. Have replaced water heater October, and newly redecked/shingled roof in December. Pipes need to be addressed but other than that its been good!

  • @massagemodality366
    @massagemodality366 ชั่วโมงที่ผ่านมา

    Your realtor should be giving you the disclosure statement anyway. But ask for it before the closing documents. Just Know this, while owners are suppose to legally tell the truth, they dont. I found out alot of little things about the house after the fact. Nothing major necessarily, but the owners lied on the disclosure statement. In addition, I told the seller to remove a floor model tv in the basement it was put in the contract and they did not. They also left a washer and dryer that I told them, via the contract, to take with them. They did not. Thats three big items. A washer, a dryer and a floor model tv that I became responsible for removing. The movers voluntarily removed the floor model without charging $ (well I gave them an extra $20 bucks) to the curb, but they didnt have to. Normally this would cost more. In addition, the owners stayed in my house 4 extra days beyond the contracted move out day and did not pay to rent those for extra days. When the woman came back to get her cat making excuse as to why the contract wasnt honored, I bore down on her hard. The next thing I know they changed their phone number. Also, The shed in back of the garage was broken which contain some yard stuff I didnt want and I.m almost certain the owner came during the night and did that, the lock on the shed had been cut, and took some things. I was a first time home buyer back then, and even though I took 3 home buying classes, this part wasnt covered in the classes and knowledge came as the result of experience, and yes I did get sn inspection with a reputed inspector. I didnt know alot and my agent was tired of me and just wanted to close the deal, as I had been searchung for a while with her. The option would have been to sue them for breatch of contract or rescind the house offer within 3 days of possession, but who wants to go through all of that. The breatches were minor, but never should have happened. I m a lot wiser now. But just know a piece of paper isnt going to ake someone anxious to get out of a house tell the truth. The disclosure said that owner "doesnt knowingly no of any damages", Thus if taken to court their claim could be that they didnt willfilly ignore the damage, they just didnt know it was there.

  • @edpulido7962
    @edpulido7962 ชั่วโมงที่ผ่านมา

    I live in an area in San Diego, where flips are continuously happening a lot of the employees are not from a talent pool. They have no idea what they are doing. There may be a lead engineer on property, but the workmanship is just pure garbage. I witnessed a Home that recently received a new roof before being sold the investor wanted that new look, a black roof I cannot believe they spray-painted the gray tile with black paint to make it look more desirable. They fix the crack in the driveway and painted the concrete with great paint to make it look new. It’s pure garbage. I’ve never seen shotty work. The new legislation in California is requiring all work to be permitted and inspected by a city official. Let’s hope they follow through with that promise .

  • @realSamAndrew
    @realSamAndrew 2 ชั่วโมงที่ผ่านมา

    It's not 0%, it's zero down payment. Big difference and wrong title.

  • @bigcahuna42366
    @bigcahuna42366 3 ชั่วโมงที่ผ่านมา

    I would add wallpaper as a #6. It starts to peel off when it gets old, many designs give the eyesore effect, and it's difficult to remove if the buyer thinks it's ugly. Painting walls a solid neutral color is always a winner.

  • @edwinrivera4735
    @edwinrivera4735 3 ชั่วโมงที่ผ่านมา

    With the cost of housing, Americans will buy any house that's actually affordable.

  • @joeoconnor7725
    @joeoconnor7725 3 ชั่วโมงที่ผ่านมา

    It's completely corrupt at every level

  • @semsimama2191
    @semsimama2191 3 ชั่วโมงที่ผ่านมา

    I would buy a old house before I buy a new built anytime, because those new built are poorly made. They will fall apart in no time.

  • @joeoconnor7725
    @joeoconnor7725 3 ชั่วโมงที่ผ่านมา

    Are they run by the Chinese

  • @joeoconnor7725
    @joeoconnor7725 3 ชั่วโมงที่ผ่านมา

    It's corporate communism

  • @joeoconnor7725
    @joeoconnor7725 3 ชั่วโมงที่ผ่านมา

    They need to look into who is running these HOAs

  • @artbyren7184
    @artbyren7184 3 ชั่วโมงที่ผ่านมา

    What a hit piece coming from New Jersey

  • @emmamcphersonofficial
    @emmamcphersonofficial 3 ชั่วโมงที่ผ่านมา

    Me and my husband nearly bought a cute little house in a flood zone when we first got married. It was a foreclosure and was about 1/3 the price of similar houses in the area. We passed bc I was SO AFRAID of it being in a 100 year flood plain. The next year that entire area for MILES all around was under 2-5 feet of water. We DODGED a bullet.

  • @underachiever7739
    @underachiever7739 3 ชั่วโมงที่ผ่านมา

    I had my house paid off and then I inherited 100k in 2008. I bought a condo in Vegas for 70k now worth 220k HOA is 230. monthly that includes water trash sewer and all outside Maintenace swimming pools etc.. I rent it out for 1300 a month...stereo typing can often be Toxic.

  • @barbrawhite1239
    @barbrawhite1239 3 ชั่วโมงที่ผ่านมา

    Generalized statements get you into trouble. Don't buy a home over 100 years old? One of the best-built homes I purchased was built in 1899. I gutted and redid another (1900) as it was in a historical town where 80% of the houses are over 100 years old. We should scrape the 300 homes that make up this town per this video. Flippers can be good or bad. It is the same discussion no matter who updated the home. This is why comprehensive home inspections should be promoted.

  • @markmcfarren1854
    @markmcfarren1854 4 ชั่วโมงที่ผ่านมา

    i watch your vide why people are leaveing fl. you should be ashame of your self for some of the information you gave like sales tax prop. taxe and pools shame on you

  • @jara7969
    @jara7969 4 ชั่วโมงที่ผ่านมา

    You are saying the truth. Florida not only has a high home tax bill, but you also have a lot of Homeowners Associations making your life a living hell. That can relate to nightmares with these people. The other thing when shopping for a home is that you don't buy a home that has a CDD, which translates to an additional tax that is Non-ad-volorem non taxable tax when doing your taxes, it is added to your home mortgage bill. In essence developer build a community, and they pass on the cost to the new homeowners, which can be as much as an extra $3000.00 dollars a year. The doctors here if you are a retiree from up north especially if you are a Retired Police officer, firefighter or a civil service worker from up north New York, New Jersey , Conneticut, Pennslvania you are not going to find doctors that accept the medical coverage. I've lived in Florida for 6 years, and I've been contemplating moving out. Insurance rates are probably the most expensive compared to other states. You have said the truth. Insurance companies are raising insurance rates because the governor has not put in place a law that prevents insurance companies from raising the rates. Governor DeSantis is not as everyone puts it, He is not a great governor. Take this from a New York retiree( Retired Police sergeant from NY). Do your homework before retiring to Florida is not that nice. The summer months can be downright extremely hot, wet, humid, and nasty. The colder months can be really nice, but that's all Florida has to offer.

  • @dorothyleonard110
    @dorothyleonard110 5 ชั่วโมงที่ผ่านมา

    I am an old man. I have seen houses which were old when I was just a kid, houses built in the last couple of years, and everything in between. I have never, and I mean NEVER, seen an actual lead pipe. Where are these places with lead plumbing?

  • @Riggsnic_co
    @Riggsnic_co 5 ชั่วโมงที่ผ่านมา

    In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

    • @kevinmarten
      @kevinmarten 5 ชั่วโมงที่ผ่านมา

      I suggest you offset your real estate and get into stocks, A recession as bad as it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short-time buy and sell opportunities too. This is not financial advice but get buying, cash isn’t king at all at this time!

    • @JacquelinePerrira
      @JacquelinePerrira 5 ชั่วโมงที่ผ่านมา

      That's awesome! Diversifying your 350K portfolio with the help of an investment coach has really paid off. Making over $730k in net profit from high dividend yield stocks, ETFs, and bonds is quite impressive. Your investment strategy seems to be working wonders for you!

    • @Jamessmith-12
      @Jamessmith-12 5 ชั่วโมงที่ผ่านมา

      I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?

    • @JacquelinePerrira
      @JacquelinePerrira 5 ชั่วโมงที่ผ่านมา

      When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

    • @Jamessmith-12
      @Jamessmith-12 5 ชั่วโมงที่ผ่านมา

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @fattylovehandles8819
    @fattylovehandles8819 6 ชั่วโมงที่ผ่านมา

    thank you for sharing your brain

  • @g-forcepcrepair4347
    @g-forcepcrepair4347 6 ชั่วโมงที่ผ่านมา

    Americans are being rent gouging, rental properties owners like warren buffett are gouging the American people for the past 10 years

  • @tundrabee119
    @tundrabee119 6 ชั่วโมงที่ผ่านมา

    I'm disabled and work at a call center up on Lake Superior. One of our accounts is a big air conditioning company in South Florida. Wow I can sense the heat stress from here. People are crazy without their AC. I have zero problems with our long winters. It's sadly comical pretending to relate to these people. (Shhhh, The winters are terrible and the bugs are even worse lol Don't move here it sucks;)

  • @jackiemansfield8325
    @jackiemansfield8325 7 ชั่วโมงที่ผ่านมา

    The nicer and welcoming you are to newcomers the more they pour in

  • @spots8810
    @spots8810 8 ชั่วโมงที่ผ่านมา

    We had a plumbing company that specialized in renovations of antebellum homes in the Tennessee area. My God. The work required was sometimes more than the house was worth. Everything from hand dug crawl spaces inhabited by insects, reptiles and critters to wall studs that were rotten. Buyer beware.

  • @SOLOSOLOSOLOSOLOSOLOSOLO
    @SOLOSOLOSOLOSOLOSOLOSOLO 8 ชั่วโมงที่ผ่านมา

    Gotcha

  • @nai1po1ish
    @nai1po1ish 8 ชั่วโมงที่ผ่านมา

    Buying an hoa property in 2024 is diabolical.

  • @everestinspections9088
    @everestinspections9088 8 ชั่วโมงที่ผ่านมา

    great segment

  • @bayodaman
    @bayodaman 9 ชั่วโมงที่ผ่านมา

    Ya the market is not like that over here at all. Waive inspection in GA? I would laugh in the sellers face 🤣🤣 I would buy a house though, never listen to these people. If you can afford it buy it. They gonna have you waiting forever. So called gurus have nothing to lose. I can predict whatever I want doesn’t mean it will happen. So if you can afford and have secured job buy buy buy

  • @petebusch9069
    @petebusch9069 9 ชั่วโมงที่ผ่านมา

    Nobody does the jobs that actually make a property better. Fix the grade, cut the crappy trees down, update the attic insulation, fix ALL the electric and plumbing issues, fix or maintain the windows and doors, deal with the specific weird problem that your house has, replace the driveway and sidewalks, build a deck worth owning, put in quality mechanicals, etc... None of this adds cash value to your home but adds real value and is what makes for a quality home or property. Realtors can't get buyers to see past this and end up selling a house with a pretty kitchen with a TON of issues easily adding up to 100k thinking they are doing the buyer justice. Then we wonder why many people are not happy with their new home. The fact is, most homes need around 100k to bring them up to the quality most people want.

  • @petebusch9069
    @petebusch9069 9 ชั่วโมงที่ผ่านมา

    You maintain and renovate your home for the same reason you bathe and brush your teeth. Its the right thing to do and living any other way is just wrong. It has nothing to do with money and has everything to do with making your part of the world a nice place. We can either have a neighborhood of dumpy houses or nice houses, its up to YOU. To make the world a better place its starts with looking in the mirror.

  • @amybriley9904
    @amybriley9904 9 ชั่วโมงที่ผ่านมา

    We bought a 100 year old home. We were redoing all the plumbing and electrical and gutting the whole thing. We are coming out ahead on the project though. We also don’t have any of the other problems that she talks about. I get ours might be the exception to the rule.

  • @davidcowan4705
    @davidcowan4705 9 ชั่วโมงที่ผ่านมา

    Austin has become infested with atheists. The religion of atheism is getting worse and worse across America.

  • @PlayWaves1
    @PlayWaves1 10 ชั่วโมงที่ผ่านมา

    I'm originally from Seattle and now live in Florida. I took an RV up thru NJ, absolutely love the small towns like Clinton and Newton. My friend lives in Manalapan which is full of big homes with a lot of property.

  • @MindBodySoulEvolution
    @MindBodySoulEvolution 10 ชั่วโมงที่ผ่านมา

    When your property goes up for tax sale, the township is required to notify the property owner. Why are't the HOA's legally required to notify the owner? It's crazy...

  • @Ontario100
    @Ontario100 11 ชั่วโมงที่ผ่านมา

    Really enjoy your channel. Lots of helpful information!

  • @alifloydtv
    @alifloydtv 14 ชั่วโมงที่ผ่านมา

    As someone who lives in Scotland, your American housing system is super weird and I'm sad for you. Obviously it's not a utopia, but the housing model from our 1890s tenements is great. Sure, they're apartments, but high ceilings, big windows, thick walls, spacious rooms, and the whole American (and I feel English) obsession with privacy is just sad - I keep a garden on my street and chat to all my neighbours and their doggos as they go by. We can just own our flats and get a management company - if they suck, we can fire them, or just do it ourselves. Plus the density from not being in sprawly single-family homes means our cities are walkable, and I have a huge park within view. Frankly our biggest fear in my neighbourhood is that people find out about it and Southern types move in with their money and ruin it for all of us :D

  • @mob43rd
    @mob43rd 16 ชั่วโมงที่ผ่านมา

    Ok got it !! don’t by property’s that’s going to cost U extra money 💰

  • @neilknightley4703
    @neilknightley4703 17 ชั่วโมงที่ผ่านมา

    Don't buy any property with HoA . Simple

  • @sandorvarga.6982
    @sandorvarga.6982 19 ชั่วโมงที่ผ่านมา

    Home.Activasion.

  • @dougiep2769
    @dougiep2769 19 ชั่วโมงที่ผ่านมา

    Way worse then that.

  • @shawnbrooks6447
    @shawnbrooks6447 21 ชั่วโมงที่ผ่านมา

    Of course a crash is coming, unless you’ve been living under a rock. Reset is coming.

  • @jeandelenfant
    @jeandelenfant 21 ชั่วโมงที่ผ่านมา

    So an real estate agent benefiting from sales and commission arguing housing is too big to fail.

  • @Gardenergal
    @Gardenergal 21 ชั่วโมงที่ผ่านมา

    Everything you mention about high costs in FL are higher costs in New Mexico. And much worse Medical care both quality and availablity.

  • @Whatt787
    @Whatt787 21 ชั่วโมงที่ผ่านมา

    Florida has the best beaches in the country(as per TripAdvisor), no air or water pollution, green all year round, no droughts or fires like in California, no State Income Tax, low gas prices, a warm and beautiful ocean all year round

  • @Whatt787
    @Whatt787 21 ชั่วโมงที่ผ่านมา

    Florida is BOOMING--Everyone getting rich who bought condos or homes 10 years ago--My $150K condo back then worth $600,000 today

  • @ytzytz2
    @ytzytz2 22 ชั่วโมงที่ผ่านมา

    i am 53yo.i will move into a senior residence