I wish you the very best and I 🙏everything works out for you! Idk if this is your first purchase but I will send positive energy your way, I am 53 and looking today at two potential homes one of which I may make an offer on and I a scared as can be !!! I I am trying to be positive and I am, so grateful to God for making this a possibility for me! I never dreamed this would be an option for me and my kids.
@Tulips47223 Thanks for watching! Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
My husband and I brought our first home back in June 23. I still love watching your videos even tho I’m a home owner now so that I can spread tips to my family members or friends that are looking to buy. It’s so funny how your first tip is buying a grandma house. We did that and it was such a good deal for a good amount of house. The previous owner was a widower who couldn’t afford to upkeep the house anymore with just her income. Yes it needs updates but we love being able to customize and update as we are able to.
This is so true and so many people overlook this because the pictures may not be appealing on-line. You can always paint, get new flooring, etc. But you will get a lot of value. Thank you so much for sharing my content. I really appreciate it. Congratulations on your new home.
Great video, I watched it twice. Having other fam members move in is definitely something I'm willing to consider. Frankly that is something we should hear about more often bcuz it's cheaper to live 2gether, it's just figuring out a way 4 everyone to have their own space.
I purchased my current home from an older lady who was retiring. I absolutely agree with buying older in more established neighborhoods. It needed updates but it is a very solid quality built home with character and she was willing to repair anything i asked without all the back and forth.
Thank you so much for sharing this valuable information with us and taking the time to do so!!! I a, a first time home buyer and I’m just today going to look at two homes, one of which could be my potential future home for good 😊 I never dreamed this would be possible, no one in my family from grandparents, parents, siblings,etc are/were home owners so this is amazing to me!! I’m so grateful I found your informative video as I am totally on my own here.
Love the Information you helped me More than you know Bless you! With your help I close on my Duplex Spring 2024! In a Rural USDA area as well! Please pray for me just in case we run into any Issues.
Me and the Owner worked out a deal where I have fix everything and he will cover all closing cost (But with Your help!) I am no Longer in Living in fear of purchasing my First home! Thank you so much! Please send your cash app info! Thanks again!
I used your calculator from one of your previous videos and according to the calculations it’ll take 4 years for me to break even, but it was nice to show my husband “look at how much we’ll be saving after that, it’s like a 4 year investment!”
Insurance is very much a rip off and goes up, just like taxes can. Take it from a homebuyer already. There is definitely a lot you should consider. It definitely is at, or more then it costs to rent when you buy. When people use to say it’s cheaper to buy that simply just isn’t true anymore.
I am getting ready to buy a house. I have 3 pre approvals. What I don't understand is when I should compare the different offers because you don't know what the rate will be until you make a offer on a house.
I gave you a link to my points video in another reply, watch that it will help in that area. You need to ask for 3 loan estimates from the 3 lenders, give the lenders an address that you find on Zillow that is in your price range and in the area that you want to live in, so they can estimate the taxes. Then compare the 3, you are paying the most attention to rate and fees, everything else will be the same between lenders, like taxes for example since the municipality that you are in decides on the tax rate not the lender. @scholarlypursuitz690 Thanks for watching! Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
I love this channel. Thanks for the download. I enjoyed your video on the DSCR loan as an option. The information on this type of funding gives me hope. However, if I don't go this route and decide upon a conventional loan are there any exceptions to having to be on your job for 2 years? I landed a full-time time but have not reach the 2 year mark yet.
Yes, there are exceptions but it really depends on what you were doing prior to your current employment. If you were in school, your school will count as you 2 year work history, so you can buy a house right out of college for example. If you were only working part-time prior then they may have you wait 2 years. But by all means speak with a lender to see for sure. Thanks for watching.
@@ShaheedahHill Good to know. Yes in my late 40s -50s I went back to school to get a bso I could qualify for a higher paying job. That is the job I am working now. During school I did temp and part time 2017-2021
Question: If you are a first time buying a prperty and you waiting for a letter of transfer from your job to the other job close to the property how can you speed up the HR dept with that letter to avoid to be disqualify in the closing date?
Just call, email or if the HR dept is in your city go and let then know that the paperwork is time sensitive and that you are buying a house. They will usually prioritize those files. @jrican4371 Thank you for watching
As a licensed Realtor I cannot tell you if a neighborhood is "Good" or not, I did this video explaining why - th-cam.com/video/K2oew49459M/w-d-xo.html But I do have a listing in McDonough if you need a small ranch home on some land😊www.zillow.com/homedetails/293-Snapping-Shoals-Rd-McDonough-GA-30252/71367196_zpid/
You mentioned something about payment not being more than 25% of take home pay? I can afford a $565.monthly payment comfortably plus have an extra $100. to spare after all bills(utilities, security, warranty)are paid yet lenders will not approve me for a mortgage! I'm low income but my income is steady & does increase every year!
Watch this video, they do not base the amount you can afford off of your personal budget. You can use this to understand how the lender determines affordability - th-cam.com/video/S3glBuf2fRw/w-d-xo.html
Hi Shaheedah, I have a question. I just watched your video explaining the escrow account from a few years back. Say you have a shortage, but also wants to start paying extra towards your principal. My question is would you pay the shortage to avoid the increase in payments. Or use the shortage amount and apply it towards the principal and just deal with the increase in your mortgage payment. Because what I’ve noticed from sending in my shortage, my mortgage still goes up. Not as much as if I didn’t send it in, but it still went up. Thank you for the videos you produce, because they are explained well.
Happy new year! I would pay the shortage if you have the money to do so and then tackle paying extra toward your principal separately. Thanks for watching! Here is my video on my mortgage going up, I am not sure if you watched this one already. th-cam.com/video/MSN86nPzvtQ/w-d-xo.html
I’ll be starting the process virtually in April. We are a military family stationed overseas and my husband will be on deployment. Virtual seems to be our only option if we want to have a home to go immediately upon leaving here. Would you still advise against even for new construction?
If you have local agent you should be fine, they should be updating you the construction process via video and basically be you during the transaction. I would not recommend you buying new construction without an agent. My masterclass has a new construction bonus you should get it. Thank you for your service! @ThePurpleElephantt Thanks for watching! Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
If the builder company decided to change the closing date to a later date, I will be responsible for any cost that accured at the rescheduled later date?
Its negotiable with the builder, but it really depends on what is in your contract regarding delays. Many times the builder will protect themselves by limiting their liability in the contract if the building process is delayed. However, each builder is different and some may be flexible and offer a credit if for example, you have to extend a rate lock and that may cost...they may give a credit for that. @jrican4371 Thank you for watching
Can you do a 3/2, boys share a room, girls share a room? Get bunk beds, etc. Not impossible, manage your expectations. @momof4121 Thank you for watching
3-4 months priof to your purchase you should get pre-approved - Here is good live interview on the pre-approval process th-cam.com/users/livecpewL4OlpjQ?feature=share
I did this video on one of their programs, I have nothing negative to say about them, you just need to get 3 quotes and they can be one of them - th-cam.com/video/lzLayEQbPOI/w-d-xo.html
@nickyj6003 Thanks for watching! Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
I am ready to buy. Tired of giving my info and money to landlord s. A stranger taking my info i don't know. Rhode Island... Is a hard ghetto place. House are trash. Trying to b Happii in my own house 🏠 🏡🏠
Hi Shaheedah, thank you for this video. When shopping for lenders, can we do this effectively without them doing a hard pull on our credit? I would hate to have each of them pull, and then possibly the chosen lender pull again and drag our scores down.
Do all within a 30 day period and it only impacts your credit score once. The credit score model allows for rate shopping for cars and mortgages without impacting your credit over and over.
To your point about getting mortgage pre-approval from 3 different financers... I'm nervous because we're doing the whole process in a matter of months, if i have 3 hard inquiries on my credit so soon before purchasing, won't that hurt my score enough to impact the rates I'm given?
Credit scores allow for rate shopping so it will only impact you once as long as you do it within a set time period. I recommend 14 days to be on the safe side, some credit models will allow for 30 days. Here is a video that explains pre-approval in detail - th-cam.com/users/livecpewL4OlpjQ?feature=share
Go to your housing authority to see if they have any programs that help with homeownership, if not you should start saving towards your down payment. If you need down payment assistance then here is video you should watch that will tell you any programs in your state. th-cam.com/users/live1wbXthaTqM4?feature=share
Hello . I just put my application in .. Praying everything works
Awesome!
Good luck! Going to do my pre-approval on the 1st of the year.
I wish you the very best and I 🙏everything works out for you! Idk if this is your first purchase but I will send positive energy your way, I am 53 and looking today at two potential homes one of which I may make an offer on and I a scared as can be !!! I I am trying to be positive and I am, so grateful to God for making this a possibility for me! I never dreamed this would be an option for me and my kids.
I pray everything works out for you. If you need options take a look at Prosperity Bank. They helped me secure my first home.
Please make a video on buying a townhouse vs Single Family Home for first time home buyer.😊
After watching this, I realized I’m looking into getting a home BLINDLY!!
@Tulips47223 Thanks for watching!
Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
Realization is power😊
My husband and I brought our first home back in June 23. I still love watching your videos even tho I’m a home owner now so that I can spread tips to my family members or friends that are looking to buy. It’s so funny how your first tip is buying a grandma house. We did that and it was such a good deal for a good amount of house. The previous owner was a widower who couldn’t afford to upkeep the house anymore with just her income. Yes it needs updates but we love being able to customize and update as we are able to.
This is so true and so many people overlook this because the pictures may not be appealing on-line. You can always paint, get new flooring, etc. But you will get a lot of value. Thank you so much for sharing my content. I really appreciate it. Congratulations on your new home.
this lady is truly a blessing with the information
@torraharris7132 Thank you for watching, I appreciate the feedback.
I bought my home 3 months ago. But I still watching your videos. I bought a grandma home, lower my pre approval.
Thanks a
I hope you are enjoying your home and thank you for still supporting my channel.
Extremely important point about mortgage being around 25-30 percent, as you mentioned high mortgage will lead to being house poor
@cvhashim Thank you for watching
Great video, I watched it twice. Having other fam members move in is definitely something I'm willing to consider. Frankly that is something we should hear about more often bcuz it's cheaper to live 2gether, it's just figuring out a way 4 everyone to have their own space.
I purchased my current home from an older lady who was retiring. I absolutely agree with buying older in more established neighborhoods. It needed updates but it is a very solid quality built home with character and she was willing to repair anything i asked without all the back and forth.
@NB-zt5gk Thank you for watching - Yes, so many people are overlooking this. Thank you for sharing.
how do you search for that?
Thank you so much for sharing this valuable information with us and taking the time to do so!!! I a, a first time home buyer and I’m just today going to look at two homes, one of which could be my potential future home for good 😊 I never dreamed this would be possible, no one in my family from grandparents, parents, siblings,etc are/were home owners so this is amazing to me!! I’m so grateful I found your informative video as I am totally on my own here.
Best of luck, you can do this!!!
Given the prices of homes as a FTHB I personally prefer a new construction home over an existing that may require renovation.
@JusDrgn Thank you for watching
Love the Information you helped me More than you know Bless you!
With your help I close on my Duplex Spring 2024!
In a Rural USDA area as well!
Please pray for me just in case we run into any Issues.
That is awesome! 🙏🏽🙏🏽🙏🏽 USDA and Duplex, that is great!!!
Me and the Owner worked out a deal where I have fix everything and he will cover all closing cost (But with Your help!) I am no Longer in Living in fear of purchasing my First home! Thank you so much!
Please send your cash app info!
Thanks again!
I used your calculator from one of your previous videos and according to the calculations it’ll take 4 years for me to break even, but it was nice to show my husband “look at how much we’ll be saving after that, it’s like a 4 year investment!”
Awesome!! thank you for coming back to share that, I appreciate it.
Insurance is very much a rip off and goes up, just like taxes can. Take it from a homebuyer already. There is definitely a lot you should consider. It definitely is at, or more then it costs to rent when you buy. When people use to say it’s cheaper to buy that simply just isn’t true anymore.
Thank you for sharing.
Great videos! Thank you for explaining things so easy to understand..
@alfredozayas5971 Thank you for watching
Great Tips Shaheedah, thank you for sharing.👍
Thanks for watching
You killed it
Thanks for watching
Right on time ❤❤
Heads up Shaheedah: the link on the Masterclass isn't working.
Ok thank you, I will look into. I appreciate the heads up. bit.ly/47s4pT7
🙂 thank you for the information.
@stellah1643 Thank you for watching
I am getting ready to buy a house. I have 3 pre approvals. What I don't understand is when I should compare the different offers because you don't know what the rate will be until you make a offer on a house.
I gave you a link to my points video in another reply, watch that it will help in that area. You need to ask for 3 loan estimates from the 3 lenders, give the lenders an address that you find on Zillow that is in your price range and in the area that you want to live in, so they can estimate the taxes. Then compare the 3, you are paying the most attention to rate and fees, everything else will be the same between lenders, like taxes for example since the municipality that you are in decides on the tax rate not the lender.
@scholarlypursuitz690 Thanks for watching!
Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
Shaheedah nice tips❤🤗👏
@dianajohnson3956 Thank you for watching
I love this channel. Thanks for the download. I enjoyed your video on the DSCR loan as an option. The information on this type of funding gives me hope. However, if I don't go this route and decide upon a conventional loan are there any exceptions to having to be on your job for 2 years? I landed a full-time time but have not reach the 2 year mark yet.
Yes, there are exceptions but it really depends on what you were doing prior to your current employment. If you were in school, your school will count as you 2 year work history, so you can buy a house right out of college for example. If you were only working part-time prior then they may have you wait 2 years. But by all means speak with a lender to see for sure. Thanks for watching.
@@ShaheedahHill Good to know. Yes in my late 40s -50s I went back to school to get a bso I could qualify for a higher paying job. That is the job I am working now. During school I did temp and part time 2017-2021
Thank you
What is the name of the lipstick that you are wearing? It's a beautiful color
Thank you, it is just the sephora brand Berry-licious. Less than $10😀
Question: If you are a first time buying a prperty and you waiting for a letter of transfer from your job to the other job close to the property how can you speed up the HR dept with that letter to avoid to be disqualify in the closing date?
Just call, email or if the HR dept is in your city go and let then know that the paperwork is time sensitive and that you are buying a house. They will usually prioritize those files. @jrican4371 Thank you for watching
Hey Miss Hill what are some good neighborhoods in Georgia?
Is McDonough a good one?
As a licensed Realtor I cannot tell you if a neighborhood is "Good" or not, I did this video explaining why - th-cam.com/video/K2oew49459M/w-d-xo.html
But I do have a listing in McDonough if you need a small ranch home on some land😊www.zillow.com/homedetails/293-Snapping-Shoals-Rd-McDonough-GA-30252/71367196_zpid/
You mentioned something about payment not being more than 25% of take home pay?
I can afford a $565.monthly payment comfortably plus have an extra $100. to spare after all bills(utilities, security, warranty)are paid yet lenders will not approve me for a mortgage!
I'm low income but my income is steady & does increase every year!
Watch this video, they do not base the amount you can afford off of your personal budget. You can use this to understand how the lender determines affordability - th-cam.com/video/S3glBuf2fRw/w-d-xo.html
Can you explain points vs no points with a mortgage loan and which is best?
Here is my video on points - th-cam.com/video/a2T0a-0gzsw/w-d-xo.html
Hi Shaheedah, I have a question. I just watched your video explaining the escrow account from a few years back. Say you have a shortage, but also wants to start paying extra towards your principal. My question is would you pay the shortage to avoid the increase in payments. Or use the shortage amount and apply it towards the principal and just deal with the increase in your mortgage payment. Because what I’ve noticed from sending in my shortage, my mortgage still goes up. Not as much as if I didn’t send it in, but it still went up. Thank you for the videos you produce, because they are explained well.
Happy new year! I would pay the shortage if you have the money to do so and then tackle paying extra toward your principal separately. Thanks for watching! Here is my video on my mortgage going up, I am not sure if you watched this one already. th-cam.com/video/MSN86nPzvtQ/w-d-xo.html
I’ll be starting the process virtually in April. We are a military family stationed overseas and my husband will be on deployment. Virtual seems to be our only option if we want to have a home to go immediately upon leaving here. Would you still advise against even for new construction?
I will suggest finding someone knowledgeable on ground to represent your family.
If you have local agent you should be fine, they should be updating you the construction process via video and basically be you during the transaction. I would not recommend you buying new construction without an agent. My masterclass has a new construction bonus you should get it. Thank you for your service! @ThePurpleElephantt Thanks for watching!
Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
If the builder company decided to change the closing date to a later date, I will be responsible for any cost that accured at the rescheduled later date?
Its negotiable with the builder, but it really depends on what is in your contract regarding delays. Many times the builder will protect themselves by limiting their liability in the contract if the building process is delayed. However, each builder is different and some may be flexible and offer a credit if for example, you have to extend a rate lock and that may cost...they may give a credit for that. @jrican4371 Thank you for watching
I’m having an issue with this home buying process😢 I have 5 children and the home size needed are very expensive or very old.
Can you do a 3/2, boys share a room, girls share a room? Get bunk beds, etc. Not impossible, manage your expectations. @momof4121 Thank you for watching
How far in advance should I shop around for a lender?
3-4 months priof to your purchase you should get pre-approved - Here is good live interview on the pre-approval process th-cam.com/users/livecpewL4OlpjQ?feature=share
Do you have recommendations for Realtors/ Lenders in Columbia SC. Thanks
Yes, please complete this form - forms.gle/dsGeJo1JFYpfSNJLA
What are your thoughts on the Rocket Mortgage One+ mortgage?
I did this video on one of their programs, I have nothing negative to say about them, you just need to get 3 quotes and they can be one of them - th-cam.com/video/lzLayEQbPOI/w-d-xo.html
@nickyj6003 Thanks for watching!
Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
Its too expensive in California
I am ready to buy. Tired of giving my info and money to landlord s. A stranger taking my info i don't know. Rhode Island... Is a hard ghetto place. House are trash. Trying to b Happii in my own house 🏠 🏡🏠
Agreed, get started now!
Hi Shaheedah, thank you for this video. When shopping for lenders, can we do this effectively without them doing a hard pull on our credit? I would hate to have each of them pull, and then possibly the chosen lender pull again and drag our scores down.
Do all within a 30 day period and it only impacts your credit score once. The credit score model allows for rate shopping for cars and mortgages without impacting your credit over and over.
@@ShaheedahHill great, thank you so much!
Hi can you tell me if there is assistance in Las Vegas for first time home buyers
This will give you all the options for your city, state. yourhome.fanniemae.com/calculators-tools/down-payment-assistance-tool
To your point about getting mortgage pre-approval from 3 different financers... I'm nervous because we're doing the whole process in a matter of months, if i have 3 hard inquiries on my credit so soon before purchasing, won't that hurt my score enough to impact the rates I'm given?
Credit scores allow for rate shopping so it will only impact you once as long as you do it within a set time period. I recommend 14 days to be on the safe side, some credit models will allow for 30 days. Here is a video that explains pre-approval in detail - th-cam.com/users/livecpewL4OlpjQ?feature=share
@@ShaheedahHill thank you!!! Just found your channel and really excited to dive into your content 😊
If I’m working with a broker should I still look for 3 different lender quotes?
Yes, although brokers have access to several lenders, most only use 1-2 lenders over and over.
Hello. My children and I are looking to purchase together. Please help us. Boston, Ma. Section 8 voucher and 6 bedroom bedroom. Help us please.
Go to your housing authority to see if they have any programs that help with homeownership, if not you should start saving towards your down payment. If you need down payment assistance then here is video you should watch that will tell you any programs in your state. th-cam.com/users/live1wbXthaTqM4?feature=share
Suddenly lots of adds to buy homes, what banks are financing this ????suddenly??? And where is the money comming from, of course from the elderly....
Spring season is coming and rates are coming down
🎉🎉🎉🎉🎉I just put my paper work in 🎉🎉🎉🎉🎉
@pennywesley.com3 Thank you for watching and Congrats!!!
Thank you so many Mortgage companies are calling what to do
😮😮😮😮😮