This a super I informative video! So when you say we shouldn't pay more then 25-30% of our salary in mortgage/rent should that include property taxes, insurance etc? Thank you 😊😊😊😊
When paying off my house, a financial advisor said Don't pay off your house early. Interest rates are so low, take the extra principal $ and invest it. The market has a FAR greater return on average, and your compound profit would be more than your money saved on paying off early. Is that True???
Great video. Here's a few more tips from an old soul.. 1. know the value of renovations, that dodgy kitchen & bathroom that you can't live with can easily add another 10 15% to the purchase price. 2 Don't trust fresh paint. Paint is cheap compared to what it can hide, especially freshly painted ceilings 3. Always always get a survey done on the land. 4. Use internet to check sales records for that house & street. It gives you a good idea how much room there is for negotiation. 5. Take earplugs on inspections or otherwise ignore selling agent.. 6. Always call building inspector after you get the report & ask a few questions. A lot of them are tick n flick merchants & if you read the waivers they guarantee nothing . Listen to the answers. 7.Remember you are buying the house not the furnishings.. Who am I you may ask? Just a guy that spent over 20 years in the home services industry. I was often referred by selling agents to home sellers. Do you know how much a few hundred dollar kitchen top & fresh paint in the mouldy laundry & bathroom can add to a home value? hehe
This was one of your BEST videos! When we bought out first home many years ago, we literally went through the whole process without really understanding 'what just happened.' Not good!
The bank pre approved me for something around 600k. If I bought a house for that much it would have wrecked me. Our made budget was 450k, found something at 430k
This video is so valuable! I'm literally learning all my financial education through channels like these and all these good videos have really changed my mindset
When you’re start buying get pre-approval letter, not pre-qualification. It’s when your financials, credit score and income verified. Also you’ll have a statement in residential purchase agreement about contingencies (deadlines). In sellers’ market that is happening now no seller will give you more than 25-30 days loan contingency and you’ll lose your earnest money deposit if your loan is not approved at that timeframe.
Another small tip: If you can, try to get the mortgage just at or below rental rate of the neighborhood. If in the future you need to move but can't or don't want to sell, you can rent out the property and at least cover the mortgage.
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed!!!!!...
Adorable comment, I really appreciate a lot, correspond to my administrator on WhatsApp to assist you make good profit in crypto +1 (6...5...1) 3....0....0....2....8....7....9. ◦
This channel is golden, I literally got a book for this channel to take notes, it's like my favorite class/lecture. Thank you so very much!!!!!!!!!!!!!!
Not only have you been inspirational but very informative, as well. I’m following everything you say. I’m on my way on purchasing my second units in a few months. I’ll be living in my four-plex while living for free. Meanwhile, Over half my income will go to the stock market. In 12 months after that I’ll pull money from the stock market and buy my third units. I’ll be repeating this over and over until I die. When I get to the point I’m financially satisfied, I will visit you Jaspreet in Detroit and take you and your crew out for a lavish dinner. I owe you big time. thank you.
I was pre aproved for 580k last week iv been working as a plumber in tunnels for three years now saving living below my means im buying a home for 325k instead in a up and coming area in Pennsylvania i plan to renovate the carpets to hardwood , gut kitchen, gut bathrooms and redo everything myself with my father im 25 years old with wife and new son most of people i went to school with that decided to go to college are living home with there parents i went on wrk truck day after highschool graduation i plan on busting my ass maxing out my roth ira so by time im 40 im a everyday millionaire and i can set my son up with investment properties so he can level up our family lol. I never payed attention in school and barley passed and was a troubled young adult. Theres no excuses people make yourself better 1% everyday body, mind ,spirit ,finances.
I’m currently working with a Lender and Buyer’s Agent... and this is the MOST RELATABLE video I’ve seen. Gave me more clarity on the process. THANK YOU!
This guy knows what he's talking about! My dad has been helping me with finding a home for my new job, and this is refreshing my memory on everything so well. Thank you!
Buyer and even selling property is always a significant PITA! Part of the reason RE isn't very liquid. For new investors out there that think they want to own RE solely as an investment, REITs MIGHT be a better choice for you if you want to avoid many of the headaches and want something that's much more liquid. Pros and cons for each, but sometimes just sticking with REIT's makes more sense if you want a more passive option without the headaches!
It’s a sellers market here so I’m paying the full asking price but I’m still excited that I’m getting my own place. Also, if you are breaking a lease then you need to factor that cost and anything with moving utilities, if fees are required. Good luck out there!
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
If I were to follow the 25% rule then, I would never be able to purchase a home in Cali. It depends on your location. Also, the advice about net income and not gross income is a solid one. Banks usually give you loans on your pre-tax income but you a should always asses if you can afford a loan on your post-tax income.
I'm a real estate investor and was once a licensed real estate agent and I would advise getting multiple pre-qualification letters at different price points. This will allow you to make offers on multiple homes at different price points without revealing your full buying power.
Bought a home in January for a househack, I'll be done with the converted garage that needed a little updating in a couple of months hopefully and that rent will pay about half the mortgage
So on the subject of having 20% down payment, this can actually sometimes work against you. When I bought I only looked at places that I could afford with 20% down. When the bank found out I was putting 20% down they increased my interest rate. Long story short it was cheaper to decrease my down payment and pay the mortgage insurance up front then have a higher interest rate on my mortgage.
Perfectly timed video. Wife and I are discussing if we should rent or buy a home. Our daughter is due this month, and we have a year of expenses put away. 20% of income invested and put into retirement monthly.
Don't forget that some banks require that you have reserves after all the fees. So you will have down payment, closing, and reserves. Normally this isn't a lot but a few thousand.
I’m in the process of buying a home in Los Angeles and sellers are getting offers way above asking price ($50k -$100k). Homes are selling within a few days.
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
Excellent Topic Jaspreet and very well Explained......lot of us go in the market buying for a house not knowing the nitty grittys of the whole process and all the hidden surprises
The home refinancing does not seems to be saving anything as you already paid interest to the bank even if your mortgage is new. After calculation and new closing cost it is not a good idea to re-finance unless you are paying too much of interest or need some equity to do something else.😃😃
My lender told me i could afford a 400k home loan. So i bought a 200k condo. Life is good when your home costs less per month than your apartment and is 60% bigger with small backyard.
I really appreciate your style - information delivered in a digestible way, grounded in your actual ( very extensive ) experience. Buying a house is becoming a big focus of mine and I'm realizing it needs to be very long term goal especially in terms of actual cash on hand. Thank you for donating your time to the world!
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
The best way to buy a house is with other people's money! But in all seriousness, I was able to purchase a home with no money down with an FHA program where the government put in the down payment and forgave that small I lived in the house. Lucky break to getting into home ownership!
Jaspreet & Minority Mindset is exceptional, such good content. Each video presentation provides granular details that are commonly glossed over in general conversation about these topics. Great content!!
Adorable comment, I really appreciate a lot, correspond to my administrator on WhatsApp to assist you make good profit in crypto +1 (6...5...1) 3....0....0....2....8....7....9. ◦
Thanks for the break down, really helpful. Only thing I wish the pre-qualified process would consider is the amount of rent and consistency of current or precious rental. There are some people that don't want to get into debt or more in debt just to build up a credit score.
I don’t way but a like you a lot and i like wen you said ”below” of course i like what you said in yours videos. Every time I learn something new! Thanks you mate!
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed!!!!!
I agree but once you realize you got good credit and putting down a nice down payment, then you will start the feel the pressure relief a bit, Good credit and a nice down payment is really what the bank is looking for.
I looked at all the realtor apps, found my home, called a realtor by the new home, he recommended the bank, & I got my first home. Be sure to include your moving costs because that's the expensive part. The movers will cost me 2 years of mortgages! It's a very inexpensive little home with a little mortgage, and very low interest rate. It's a great time to be a mover their all going to do well at this time.
Omg you are incredible... I am 44 years old a mother of 4 plus 2 grandchildren... you have given me so much inspiration and wisdom on what to do and not to do unbelievable. You are my hero and now I have my kids watching the video as well. Thank you and please kind on... I'm hook on the videos all day and convince. GRACIAS
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
I'm in a strong sellers market. I just had my offer rejected for 555k with 20% down which was 30k over asking price. Someone else came in with a higher offer and cash. My guess is they waived inspection and/or appraisal. That's hard to compete with.
is there even a market for investors in korea to be investing in real estate on a retail level ? I heard is not a place for profit because is more expensive. unless you have political affiliation
Just ask a realtor to come in for career day or just as a guest speaker. They will do it and leave cards for kids to take home to their parents. Costs no one a dime. I’m an agent and tell everyone the does and don’ts and things they had no idea of.
Went with a new construction & the home developers deal with the title/legal stuff. I think it’s just way easier to deal with & although I may be paying a premium on the wedge for it being new, my house is already up $50,000 & it’s currently still just a sold stick since I’m still waiting on the permits. Location is what matters most. Honestly wouldn’t be able to afford it anymore now if I didn’t sign the contract it a few months ago.
Another to negotiate into your contract is, if it is new construction a hard date of completion with a penalty if they take longer. On one of the properties I was buying the builder was 70 days late from our contractual closing date. He was late with no consequences. We were staying in a hotel because our property was not ready. Lesson learned!
lol, I’ve been in the same situation where the seller denied me and a month later they called me back too see if I still want the house let’s say I got it for 20k less than asking price because the seller was desperate to sell
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed!!!!!
Thank you for watching! If you enjoyed this video, you should watch - Should You Refinance Your Mortgage: th-cam.com/video/fAQH0w3n1_w/w-d-xo.html
This is something you should learn at school, I'm sure anyone who watches this will be spared a lot of financial pain
⁰00
This a super I informative video!
So when you say we shouldn't pay more then 25-30% of our salary in mortgage/rent should that include property taxes, insurance etc?
Thank you
😊😊😊😊
@@flywithme3549 so agree with yoi
Does that 25% rule include home insurance and taxes or just principal and interest?
I graduated High School in 2017, I learn more in your 20 minute videos than 4 years of financial class.
School teaches you how to work for money, or more like gives you the tools to go work for money.
From one real estate agent to another, this was an awesome breakdown! Well done 🙏🏻👍🏡
@@minoritymindset2871 by
When paying off my house, a financial advisor said Don't pay off your house early. Interest rates are so low, take the extra principal $ and invest it. The market has a FAR greater return on average, and your compound profit would be more than your money saved on paying off early. Is that True???
Great video. Here's a few more tips from an old soul..
1. know the value of renovations, that dodgy kitchen & bathroom that you can't live with can easily add another 10 15% to the purchase price.
2 Don't trust fresh paint. Paint is cheap compared to what it can hide, especially freshly painted ceilings
3. Always always get a survey done on the land.
4. Use internet to check sales records for that house & street. It gives you a good idea how much room there is for negotiation.
5. Take earplugs on inspections or otherwise ignore selling agent..
6. Always call building inspector after you get the report & ask a few questions. A lot of them are tick n flick merchants & if you read the waivers they guarantee nothing . Listen to the answers.
7.Remember you are buying the house not the furnishings..
Who am I you may ask? Just a guy that spent over 20 years in the home services industry. I was often referred by selling agents to home sellers. Do you know how much a few hundred dollar kitchen top & fresh paint in the mouldy laundry & bathroom can add to a home value? hehe
I love this guy because he gives actual rules to follow and not just ambiguous advice
This was one of your BEST videos! When we bought out first home many years ago, we literally went through the whole process without really understanding 'what just happened.' Not good!
Good GRACIOUS! 22 minutes of PURE KNOWLEDGE!!!
The bank pre approved me for something around 600k. If I bought a house for that much it would have wrecked me. Our made budget was 450k, found something at 430k
Good thing you didn't buy the most expensive home you were approved for! Many people do and this is why they live paycheck to paycheck.
Minority mindset Hey fake MM, you should “invest” in an English book. You may pull off more scams that way.
This video is so valuable! I'm literally learning all my financial education through channels like these and all these good videos have really changed my mindset
I think this is the most comprehensive single video on home buying that I've seen so far on TH-cam. Thanks!
Man you are awesome. I learned so much from all of your videos. I honestly wish all these was taught in high school.
When you’re start buying get pre-approval letter, not pre-qualification. It’s when your financials, credit score and income verified. Also you’ll have a statement in residential purchase agreement about contingencies (deadlines). In sellers’ market that is happening now no seller will give you more than 25-30 days loan contingency and you’ll lose your earnest money deposit if your loan is not approved at that timeframe.
Another small tip: If you can, try to get the mortgage just at or below rental rate of the neighborhood. If in the future you need to move but can't or don't want to sell, you can rent out the property and at least cover the mortgage.
more value over here than anyother realestate investing videos ,love this man
I love your videos, usually watch with my morning tea.
Nice way to start your day with some financial knowledge!!!
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His WhatsApp
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This channel deserves more subscribers! Keep up the great work!
I find it amazing that you never run out of video ideas! Thank you for all the information, keep up the great work!
Adorable comment, I really appreciate a lot, correspond to my administrator on WhatsApp to assist you make good profit in crypto +1 (6...5...1) 3....0....0....2....8....7....9.
◦
This was exactly the process I had to do to buy my home, great video.
I’m working on buying my 3rd house... been so blessed lately and so glad for this channel! Thanks Jaspreet and everyone working behind the scenes.
This channel is golden, I literally got a book for this channel to take notes, it's like my favorite class/lecture. Thank you so very much!!!!!!!!!!!!!!
Bro, here watching your content in Punjab, India
from more than a year, even from my another account
Great content
Thanks for supporting farmers 🙏
Not only have you been inspirational but very informative, as well. I’m following everything you say. I’m on my way on purchasing my second units in a few months. I’ll be living in my four-plex while living for free. Meanwhile, Over half my income will go to the stock market. In 12 months after that I’ll pull money from the stock market and buy my third units. I’ll be repeating this over and over until I die.
When I get to the point I’m financially satisfied, I will visit you Jaspreet in Detroit and take you and your crew out for a lavish dinner. I owe you big time. thank you.
I was pre aproved for 580k last week iv been working as a plumber in tunnels for three years now saving living below my means im buying a home for 325k instead in a up and coming area in Pennsylvania i plan to renovate the carpets to hardwood , gut kitchen, gut bathrooms and redo everything myself with my father im 25 years old with wife and new son most of people i went to school with that decided to go to college are living home with there parents i went on wrk truck day after highschool graduation i plan on busting my ass maxing out my roth ira so by time im 40 im a everyday millionaire and i can set my son up with investment properties so he can level up our family lol. I never payed attention in school and barley passed and was a troubled young adult. Theres no excuses people make yourself better 1% everyday body, mind ,spirit ,finances.
“Thumbs Up” before I even watch the video because I already know!
👊🏿👊🏿👊🏿
I was gonna say the same thing :)
Same!!!!
Thankyou for the consistency
You’re like the father I never had
😂😂😂 sad but so ture here too
Yep
DADSPREET
Pin this comment 😂😂😂😂
Lol
I’m currently working with a Lender and Buyer’s Agent... and this is the MOST RELATABLE video I’ve seen. Gave me more clarity on the process. THANK YOU!
As a real estate agent, you have explained this so so beautifully!
This guy knows what he's talking about! My dad has been helping me with finding a home for my new job, and this is refreshing my memory on everything so well. Thank you!
So glad i found your channel. Not many smart people are around to help others. Thank you
Great content............once you figure out what you can afford, buy home below that number . Don’t cut it too close. 😊
love you!
Buyer and even selling property is always a significant PITA! Part of the reason RE isn't very liquid. For new investors out there that think they want to own RE solely as an investment, REITs MIGHT be a better choice for you if you want to avoid many of the headaches and want something that's much more liquid. Pros and cons for each, but sometimes just sticking with REIT's makes more sense if you want a more passive option without the headaches!
wow!... every aspect and scenario covered here...love it!
It’s a sellers market here so I’m paying the full asking price but I’m still excited that I’m getting my own place. Also, if you are breaking a lease then you need to factor that cost and anything with moving utilities, if fees are required. Good luck out there!
You know you can earn up to 1 Bitcoin with just 0.5 Bitcoin
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
His WhatsApp
+...1....2....2....6....2.....4.....0.....2 .....4....8......4
Do well to tell him I referred you 💯!!!!!!!!
If I were to follow the 25% rule then, I would never be able to purchase a home in Cali. It depends on your location.
Also, the advice about net income and not gross income is a solid one. Banks usually give you loans on your pre-tax income but you a should always asses if you can afford a loan on your post-tax income.
I'm a real estate investor and was once a licensed real estate agent and I would advise getting multiple pre-qualification letters at different price points. This will allow you to make offers on multiple homes at different price points without revealing your full buying power.
Bought a home in January for a househack, I'll be done with the converted garage that needed a little updating in a couple of months hopefully and that rent will pay about half the mortgage
Your channel is so underrated! You content need more exposure!
So on the subject of having 20% down payment, this can actually sometimes work against you. When I bought I only looked at places that I could afford with 20% down. When the bank found out I was putting 20% down they increased my interest rate. Long story short it was cheaper to decrease my down payment and pay the mortgage insurance up front then have a higher interest rate on my mortgage.
Awesome as usual! Thank you sir! ❤
What a GREAT video!
Perfectly timed video. Wife and I are discussing if we should rent or buy a home. Our daughter is due this month, and we have a year of expenses put away. 20% of income invested and put into retirement monthly.
Can't stand these damn bots
Go ahead and buy.
Simple step by step guide. Thank you minority mindset!
This channel is changing my life. ❤️
GOOD INFO. THANKS
These videos on buying a home are always the best.
Don't forget that some banks require that you have reserves after all the fees. So you will have down payment, closing, and reserves. Normally this isn't a lot but a few thousand.
I’m in the process of buying a home in Los Angeles and sellers are getting offers way above asking price ($50k -$100k). Homes are selling within a few days.
Keep up the great work!!!! You don't understand the motivation and education you provide. Its like 10x the amount you believe you provide!
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
His WhatsApp
+...1....2....2....6....2.....4.....0.....2 .....4....8......4
Do well to tell him I referred you 💯!!!!!!!!
Excellent Topic Jaspreet and very well Explained......lot of us go in the market buying for a house not knowing the nitty grittys of the whole process and all the hidden surprises
The home refinancing does not seems to be saving anything as you already paid interest to the bank even if your mortgage is new. After calculation and new closing cost it is not a good idea to re-finance unless you are paying too much of interest or need some equity to do something else.😃😃
My lender told me i could afford a 400k home loan. So i bought a 200k condo.
Life is good when your home costs less per month than your apartment and is 60% bigger with small backyard.
damn bro 781 thousand followers..you're blowing up..keep it up
I really appreciate your style - information delivered in a digestible way, grounded in your actual ( very extensive ) experience. Buying a house is becoming a big focus of mine and I'm realizing it needs to be very long term goal especially in terms of actual cash on hand. Thank you for donating your time to the world!
You know you can earn up to 1 Bitcoin with just 0.5 Bitcoin
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
His WhatsApp
+...1....2....2....6....2.....4.....0.....2 .....4....8......4
Do well to tell him I referred you 💯!!!!!!!!
The best way to buy a house is with other people's money! But in all seriousness, I was able to purchase a home with no money down with an FHA program where the government put in the down payment and forgave that small I lived in the house. Lucky break to getting into home ownership!
I will need to review this before buying my first property. Thanks jaspreet!
Great details. After about ten other videos, I finally subscribed after this one.
Jaspreet & Minority Mindset is exceptional, such good content. Each video presentation provides granular details that are commonly glossed over in general conversation about these topics.
Great content!!
My brain feels so good getting fed information in way that it can actually process 😏 love your videos
Sat Shri Akal ji . I like ur videos. They r so informative.I want to buy my first home but I am working on it.
Good morning everyone!!! great way to start the day, keep the good work blessings.
Adorable comment, I really appreciate a lot, correspond to my administrator on WhatsApp to assist you make good profit in crypto +1 (6...5...1) 3....0....0....2....8....7....9.
◦
Thanks for the break down, really helpful.
Only thing I wish the pre-qualified process would consider is the amount of rent and consistency of current or precious rental. There are some people that don't want to get into debt or more in debt just to build up a credit score.
Great advise . Trying to buy my house need to watch this video 🙏🏼
It's my morning routine to always watch your videos! Haha Keep it up!
Not sure if you've covered this but how about doing a video about selling your home. Would love that!
I don’t way but a like you a lot and i like wen you said ”below” of course i like what you said in yours videos. Every time I learn something new! Thanks you mate!
I love your videos, you made it so simple for me. I close on my house so fast because of you. (First home)
You are reading my mind. Thank you for this post.
Thank you so much for this video. Can you talk about how to choose a good lender please.
Very informative Jaspreet! Thank you for all your hard work! Hustler!!
You are a hero to many. Thank you on behalf of all the people who benefits from your knowledge 🙏🏾
You know you can earn up to 1 Bitcoin with just 0.5 Bitcoin !!!!!
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed!!!!!
His WhatsApp
+...1....2....2....6....2.....4.....0.....2 .....4....8......4
Do well to tell him I referred you 💯!!
Very good info I learned from experience
Buying a home can feel very daunting for first time buyers
Great video 🙌🏾😁
I agree but once you realize you got good credit and putting down a nice down payment, then you will start the feel the pressure relief a bit, Good credit and a nice down payment is really what the bank is looking for.
Make sure you take a first time homebuyers class and there should be a lot of assistance for first timers too! Take advantage.
@@sal_strazzullo Are you referring to me?
@@tnrtnr7706 No, a comment that was below yours that was removed fortunately
I removed mine too now to avoid confusion
Thx for all your help
Awesome tips man!!!!
I looked at all the realtor apps, found my home, called a realtor by the new home, he recommended the bank, & I got my first home.
Be sure to include your moving costs because that's the expensive part. The movers will cost me 2 years of mortgages!
It's a very inexpensive little home with a little mortgage, and very low interest rate.
It's a great time to be a mover their all going to do well at this time.
Awesome video Jaspreet! Super informative! Thank you!
Perfect video as I am in the market planning to buy. Thank you
Omg you are incredible... I am 44 years old a mother of 4 plus 2 grandchildren... you have given me so much inspiration and wisdom on what to do and not to do unbelievable. You are my hero and now I have my kids watching the video as well. Thank you and please kind on... I'm hook on the videos all day and convince. GRACIAS
yes i enjoyed every word of your time.. thanks.
Great Information. Thank You
WOW. Im speechless 😶. Great facts and thanks 🙏. Subscribed!!
You know you can earn up to 1 Bitcoin with just 0.5 Bitcoin
Write my Brooker JOSEPH KEVIN BILLY to earn huge in BITCOIN,his strategies are top-notch , he's really making me huge gains, turning 2btc to btc in 14days,indeed am amazed
His WhatsApp
+...1....2....2....6....2.....4.....0.....2 .....4....8......4
Do well to tell him I referred you 💯!!!!!!!!
Thanks!
Best video I've seen on this! Very insightful!
We are currently selling our condo and moving to a house. Great advice.
Congratulations bruv!
Congrats
Thank you!
Thank you for this video... Im trying to buy a house by April! 😊
I'm in a strong sellers market. I just had my offer rejected for 555k with 20% down which was 30k over asking price. Someone else came in with a higher offer and cash. My guess is they waived inspection and/or appraisal. That's hard to compete with.
Yep chances are they waived all the contingencies. That’s going on a lot lately.
The housing market has been very competitive lately! I just bought a home near Seattle and most homes are getting multiple offers.
Same here in Phoenix
Same in Oklahoma
Same in Ohio.
North Carolina as well
Same in Texas
Love the videos. They are simply explained and you make what can be sometimes very boring important information very Interesting
Wow this content is gold!!
I wish schools taught us real estate investment
is there even a market for investors in korea to be investing in real estate on a retail level ? I heard is not a place for profit because is more expensive. unless you have political affiliation
@Vantum Noir yep. My public school was depressing and I was just trying to get out. Thats why its homeschooling or private school for my kids.
This would require someone at the school to know realstate.
Just ask a realtor to come in for career day or just as a guest speaker. They will do it and leave cards for kids to take home to their parents. Costs no one a dime. I’m an agent and tell everyone the does and don’ts and things they had no idea of.
@@nappyqueen86 I never let schooling get in the way of my education.- forget who said it.
Absolutely value packed video, thank you!
Went with a new construction & the home developers deal with the title/legal stuff. I think it’s just way easier to deal with & although I may be paying a premium on the wedge for it being new, my house is already up $50,000 & it’s currently still just a sold stick since I’m still waiting on the permits. Location is what matters most. Honestly wouldn’t be able to afford it anymore now if I didn’t sign the contract it a few months ago.
So crazy how im buying a house in the upcoming year and came across this video. Thankyou lol
Yes is necessary the like button because the more videos like yours the more we learn and are more likely to do good decisions as investors
Another to negotiate into your contract is, if it is new construction a hard date of completion with a penalty if they take longer. On one of the properties I was buying the builder was 70 days late from our contractual closing date. He was late with no consequences. We were staying in a hotel because our property was not ready. Lesson learned!
Could u do a video on the VA home loan and the pros,cons etc of it all...I have a va home loan and would like to use it within the next 2-3 years
Look up Active Duty Passive Income TH-cam page. They’re a great tool to use and have plenty of experience in using the VA loan.
Va home loan are good if you are disabled. They wave certain fees for disabled vets.
lol, I’ve been in the same situation where the seller denied me and a month later they called me back too see if I still want the house let’s say I got it for 20k less than asking price because the seller was desperate to sell
Jaspreet is making some fantastic advice and insight to the financial world over the past couple months. Outstanding!
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