20 Expert Tips for First-Time Homebuyers - These Tips Will Save You Thousands!
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- เผยแพร่เมื่อ 13 ธ.ค. 2024
- 🚨Do Not Buy a House without My First Time Homebuyer Masterclass with Digital Confidently Closed Handbook, Because After Closing is Too Late: bit.ly/47s4pT7 🚨
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🚨Do Not Buy a House without My First Time Homebuyer Masterclass with Digital Confidently Closed Handbook, Because After Closing is Too Late: bit.ly/47s4pT7 🚨
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Hi Mrs Hill, can you please do a video on Homeowners insurance, things we should contact them to fix and things we shouldn't bother them with and fix/repair them on our own? I guess to avoid alot of claims against you? This is what I've heard. You are my favorite, Thanks for all you do 🙏🏿🙏🏿
Will do! Thanks for watching
@@ShaheedahHilland how to shop around for them. Which are downright horrible vs ones that are great
Thanks for sharing! I always learn so much from your videos. Do you have any videos on what to expect after you brought your first home? If you don’t please consider doing one on what to expect the first five years after buying your first home? There’s so much to learn about the upkeep, taxes and insurance well after the initial purchase. Thanks again and keep the videos coming!
I will work on this. Thanks for watching
Hi Shaheeda,
Thank you for your expert advice. It really helped me and my mom purchased another home. It was my first time actually purchasing a home as my previous home was inherited. I used a lot of your advice did not need the USDA loan but found I think my cousin Kevin Jefferson in Georgia, He led me to my agent. AJ Randall in Houston, my mom and I purchased a new construction home and my selling agent Karen Gillespee in Florida get started, we are so grateful to all 4 of you for guiding us With the process, we are now home owners. New construction. Great deal wonderful home in Houston, Texas. I just wanted to give a shout out of thanks to you. I listened to you religiously last year and learned so much about purchasing a home. And we did so in March of this year. 2024 Thanks a million Shaheeda!!! 🎉🎉
@msnkjm9048 Thank you for watching and we really appreciate you shouting us out. Many blessings in your new home!
Awesome 👏🏾 very informative thanks a lot.
@prone2101 Thank you for watching
Hi Mrs Hill thanks for sharing your knowledge I’ve been watching your videos for sometime it paid off closing Friday super excited !!!
Congratulations 🎉
Congratulations 🎉
Congratulations, thank you so much for watching.
Glad to Hear you are Helping the people that need the Most Help!!! I Hope you are Appreciated!!! Thanku for Being You!!!
Thanks so much for the feedback. I appreciate you!
Once again, GREAT information!! Especially the last 2,most don't inform first-time buyers about those!
Thank you for watching until the end @missbttrsctch 😊
You are one of the best. Keep up the good work.
@FatherOwusu Thank you so much, I appreciate your feedback!
Great info, and thank you
Thanks so much!
Good morning Mrs Hill, I'm not sure if you've ever been told this, but you favor Erika Alexander, soo pretty! 😍
Yes, I get that all the time in the comments😊, thank you
Can you Please share down payment or closing cost programs or grant information for first time home buyers..🌞🙏
🏠DPA is availabe in every state: th-cam.com/users/live1wbXthaTqM4?feature=share
Thank you for all you do!
My agent told me to use a person he knows to inspect the home. Do you think a good idea or should I hire a different inspector.
Thank you again
@@abrewel4331 I used the recommended inspector🙋🏽♀️ He was spot on. Just so you know your agent generally comes with a whole team before & “if lucky” after purchase. Stay encouraged.
Your agent should give you a list of at least 3 inspectors, and you can choose one from that list or choose your own. I wouldn't just go with the one person the recommend. Thanks for watching
Hi Shaheeda, are you licensed in Texas? I would love to have you as my realtor. Please let me know and thank you for everything you do for all of us 🙏🏾❤️
No but I will have a referral website available in January
I requested a pre approval to two companies suggested by Government website. I submitted all the documentation required (takes time believe me, copying, downloading, etc). I got a phone call from a rude lady that told me "Is it that all the money you make a year?, you barely could get $100.000", when I tried to explain about my 401K and the cash I make with side job, my intention to Air bnb a room, she just interrupted me and said she didn't know what I can do with $100.000. I said thank you and hung up. The other company I apply for, didn't even call me. It's so discouraging.
Try to find an agent first, they can help guide you. @sansara700 Thanks for watching!
Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7
Can you please discuss the reasoning behind Fannie Mae buying mortgages? I mean I read the notice but I’d like your input. Thank you 💞
Will do, they might come out of government control under Trump.
@@ShaheedahHillMine was conventional. Within 60 days the Fannie Mae notice arrived. Should I be concerned?
Gm Mrs Hill. 2 questions,Hoa, I know its included in your Mortagage but when it comes to the payment when you're already in the house is it a separate bill or still included in the Mortagage payment? Reason being, I hear some people stop paying their HOA for various reasons and I figured it may be a separate bill? 2nd question, in a previous video you stated to have at least 7% saved for DP and CC, will the lender let you close without reserves? I watch videos on Homeownership everyday all day lol, I need to educate myself, I don't want to make any mistakes you have taught us lol. Hope all this makes, and enjoy your day. Btw, I've been working diligently on my credit score within the last 2 months, it jumped from 695 to 772/ 787(Credit Karma). I paid off a collections bill and 2 credit cards. If i don't plan on buying until late next year or early 2026🙏🏿 do you think I should still get pre-approved now? I only have 1 loan of $7K left to be debt free. (Sorry that was a 3rd question) 😮. Enjoy your day and stay blessed 😉
Good morning,
Answer #1 - The lender will include the HOA payment in your qualification/payment. However, most HOA fees are paid separately from your mortgage payment. So it you are getting a condo for example and that HOA fee is $300 a month, that will factored to the overall payment for qualification purposes.
Answer #2 - Many..I would even say most lenders will let you close without reserves, but this is a good question to ask during the pre-approval process. Great job on your credit and preparation. I say get pre-approved now, if you haven't watched this video already it explains why - th-cam.com/users/livecpewL4OlpjQ?si=NMM_dJJRqcC58pKt
@ShaheedahHill Thank you Thank you for all your 💎 🙏🏿. And Yes I've seen your video with Mr Jefferson a few times, will do 👍🏿
Hi Mrs Hill, what happened if you have too different credit score one is higher than the other one?
You actually have 3 credit scores, and they will all differ. You have one from Equifax, Experian and Transunion. Mortgage lenders use your middle score, meaning the exclude the highest and lowest and use the middle for qualifying. Thanks for watching.
About how long after you close is the first payment due?
Here is a great video for you to watch that answers that question: th-cam.com/video/hKye5J8AJR0/w-d-xo.html
My husband has a credit union account, I dont. If you dont have an account with a credit union can I still go into an office and ask for a mortgage loan?
All credit unions are a little different but many will want you to have an account with them. Some accounts you can open with as little at $5-$25. So you can apply but they may also ask you to open an account, but you don't have to move all of your accounts there. @pennycsingh5427 Thank you for watching
Listening -
I need more than 20 🙋🏽♀️
You already closed😊
@@ShaheedahHill Hey. I thought it was something else but I’m still listening 😂
@@ShaheedahHillI thought it was 20 tips for 1st time buyers 𝒂𝒇𝒕𝒆𝒓 purchasing.
what process should i use if my family member is selling me their home under value about $20k? it would be my first home.
Get pre-approved, if you want to use the down payment assistance start looking for those options. Ask you family member is they will contribute to your closing costs, that might be more important than taking money off the price. Talk to your agent about buying from a family member there are some mortgage rules regarding this, so your mortgage type will matter. Here is some info on FHA - www.rocketmortgage.com/learn/fha-identity-of-interest
Good evening I just had to pay a lawyer because I’m trying to get my earnest money back I’m so upset now I no that the
Realtors are just for themselves I thought that if I didn’t want the house that I would be able to get my earnest money back and now they’re giving me a hard time now I am afraid to sign anything. He keeps texting me saying sign his documents. I just keep ignoring him. Should I sign them or wait till he gets the letter from my attorneyabout trying to get my earnest money back thank you for always helping me.
You usually have 3 protections to get your earnest money back, during the due diligence period, finance contingency, appraisal contingency. Also, if the seller is in default. You were right to get a lawyer, but have that lawyer write something up and give it to the lawyer or broker holding the earnest money because they might be able to disperse it to the seller without you signing. How much is it and who is holding it?
@@ShaheedahHill thank you
@@ShaheedahHill it was a 1000$ he just text me and I didn’t open it from what I see I thing he is letting me out of my contract which that was my next step im going to open the email tomorrow wit my sister so we can read it together thank you so much
You are such a blessing to first home buyers✨️🫶💛💫
@Shehedda What a great video thanks
@chefbrooklyn5140 Thank you for watching
TO ALL @Sheeheda SUBSCRIBERS PLEASE READ. Would you be so kind as to hit the Thumbs up 👍 and share this video For our FAVORITE Realetor Educator who always put her HEART into giving us imformative imformation to help buy that dream home 🏡. Thank you for your support
Thank you so much
Always a pleasure watching your videos. Been hooked since after Covid. After many hours of watching, I’m jumping off the porch to attempt buying my first home. I’ve started the prequalifying process. Should I be looking for a realty agent or agency now. Are you in the market to help out have any referrals. I would like help from Mrs. Sudduth if possible. Can you lend a hand in referrals Mrs. Hill? I would like to correspond via email if possible
I am working on a referral website, hopefully it will be ready by January but here is Mrs. Sudduth's information: movement.com/lo/micole-sudduth
@@ShaheedahHillThank you