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What is escrow and how is it beneficial to you?!? Watch this quick video and get the ins and outs.
If you or someone you know is looking to get a great deal in todays market - let me know in the comments below!
Or, if you have questions about whether you should you buy or not… drop a comment!
#realestateinvesting #financetips #personalfinance #finance #financialfreedom
Most people don’t know this…
But there is a gatekeeper that can maker or break your home purchase plans. Besides the down payment, your income and credit score requirements- buying a real estate is about getting past the “underwriter”. This person can be your best friend ort your biggest foe.
Luckily, you have us on your side. We help you navigate through all the hurdles.
If you or someone you know is looking to get a great deal in todays market - let me know in the comments below!
Or, if you have questions about whether you should you buy or not… drop a comment!
#investing #realestateinvesting #financetips #finance
This is the biggest mistake to avoid in today’s housing market.
Never pass up on a home inspection. Avoid this deal breaker at all costs☠️
There’s a big opportunity to get a better deal in real estate right now. Buyer’s have more negotiation power.
If there are problems with the home, repairs can be negotiated with the sellers. To take advantage of this; you have to get your money right (aka home loan approved). The stronger a home buyer you are the more room you have to negotiate.
If you or someone you know is looking to get a great deal in todays market - let me know in the comments below!
Or, if you have questions about whether you should you buy or not… drop a comment!
#realestateinvesting #financetips #personalfinance #finance #financialfreedom
Let’s do the math on this one!, Putting 20% home isn’t necessarily a bad thing, in fact it can save you money. But in this market especially, waiting for 20% when you already have even just 5% is going to cost you 💸
People say that PMI is a waste of money but really it just helps you get into the door (literally)
Instead of waiting for 20% down to avoid PMI, get a house now and wait the 2 years so you can remove it if your home appreciates fast enough.
Or you can always refinance later.
But if you wait too long the prices of homes will go up faster than you can save.
#realestate #realestateinvestor #homebuyingtips #mortgagetips #millionairemindset #buyyourfirsthome
Dave did people dirty in this one…
When you’re buying a property and the interest rates are relatively low, the standard 30yr loan amortization term will normally be the best option.
Most people don’t keep the loan for 30 years; you can always pay it off faster.
This allows you to keep your monthly cost lower so you can more easily afford to own a home.
#realestate #realestateinvesting #finance #financetip #personalfinance #daveramsey
These are the 3 biggest home buying myths. Follow these fin
You need the perfect credit score - There are a ton of programs for buyers with average or even less than average credit.
You need 20% down - This was the rule back in the old days but today, most first-time buyers put 3 to 5%down on their first property.
Don’t buy a home that’s too expensive - Even in pricey markets, you can start small and look in more affordable areas.
It’s more about just getting in the game because owning real estate is one of the best ways to build wealth. Your road to finan
#recession #investing #investing101 #inflation #finance #stockstowatch #financialfreedom #financetips #crypto