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Meaning there will be clearly defined winners and losers.when you are taking on a trade,you're betting against another options to be on the winning side.
Bought a house in TX as soon as i filed for homestead the increased the homestead to 100,000 and told me the property value increased 100,000. The games
Is there a price cap on this? Also if you just moved there how can younhave an ID or drivers license. I heard you need to be 6 months in Texas bedore you can hace a DL.
Fast talker sound like a lot information about buyers, little information on owners. I guess after 65 I’ll pay 10% less on my property taxes. I guess ?
I’m not happy with the property taxes. I’d rather have an income tax. Why? Because if I don’t make money I don’t pay taxes. You have to pay property taxes regardless of your income.
A lot of this was a bunch of bs. My best advice is to go get pre approved with a lender get real info on your market and see what you need to do to buy a home.
Buying at the highest rate, highest principal, highest repair cost after purchase, and high degree of lies… then add on layoffs, job exports, increasing CC debt, property tax… stack of cards
The market is artificially inflated so property taxes don’t do down like they should look at who owns Zillow and Redfin they have a reason to keep everything high I’ve been to a few new builds and they are holding on to houses to see what home owners in the area do if they sell or not
Yep nothing is selling. Just seeing pricecuts. Zillow redfin open door and the average realtor is to blame and there should be investigations against this monopoly
I think it is unwise to make large financial decisions out of fear. I am not a fan of buying today and hoping to refinance tomorrow at a lower rate. As I see it there are 3 major factors we cannot control, when rates will significantly drop, the market value of the home, and whether a lender will approve the refinance. Speaking to liquidity risk on the lender side and not credit worthiness on the borrower side.
BULLSH*T! This market isn't sustainable. The only thing left to happen is a crash. There's vacant houses everywhere being held off market to keep a crash from happening. Just wait for the covid foreclosures. Covid made a bubble.
Fixed rates, increasing home values, constant increasing demand for houses, low supply of new houses. Doesn’t take an economist to know that home prices will keep going up
The Fed isn't going to lower rates. It still hasn't brought headline inflation down to it's 2% target. It's not going to continue to raise rates either, so then how does it get inflation to fall further? It lets residential real estate collapse. The "Reverse Wealth Effect." The Wall Street banks aren't exposed to this asset class like they were in 2008, so it's fine. No Bear Stearns nor Lehman. This is how the Fed intends to get a "soft landing." Anyone who bought in the last three years is screwed. They'll be deep underwater by next summer.
So if it’s baked into the price of the house does that mean the builder will give me a better price if I use an outside lender? And I see most home builders offering closer to $20k in closing costs and/or rates as low as 4.99%. Can outside lenders match this good of a deal?
I imagine it would be totally offensive to texas if i used the Gunny Hartman line from the movie, full metal jacket, that begins, "Holy sh!t, texas?...." But if you know, you know. 😊
Hi, I am a registered nurse in Texas :) (Austin) is this program just for Dallas based medical professionals? I’m closing on my home in about 1.5 months so I’m interested in learning more!
Have you been trekking in Norway,? I found oil floating on the water. There's that much oil. So stop your hoghwash, even regards the 8th largest economy. GDP? What about PCI? Which decides real wealth?
Good video. I think you are right about the jobs. We are probably seeing a phenomenon in which people are willing to to work more to spend. Seems like it doesn't matter if its things they want or things they need.
Looks like a really attractive opportunity for someone with more cash, especially if you don't need an extra loan. If you are a buyer for an assumable loan, would it be appropriate note the buyer's 800+ credit score to give them some peace of mind if they can't close it out on the servicer.
Great video if you are selling the dream, but in reality this sort of business for the average person could turn out to be an absolute nightmare and much worse than any straight forward property rental. Finance, is the first hurdle, raising funds and at an affordable rate, followed by insurance , disclose you are running an Airbnb then wait and see what paper work and hurdles you will need to jump through and more costs, the next hurdle is raising the bucks for the internal furnishings (all Fire Compliant) then spending an age to find a House Keeper and a Maintenance Man who are prepared to come out in the middle of the night when something goes wrong and it will, add to this the odd Apartment / House Trashing, then there's your guests from India who insist on sitting on the floor in the bathroom pouring water over themselves to get clean and end up putting your bathroom out of commission for a week ! Who is this type of Investment / Business suitable for, well in a nutshell someone who buys local and lives local and runs it hands on, oh, quickly forget about having a fancy idea of buying an international property, trust me phoning around and trying to speak Spanish, French or Italian to a Plumber or a locksmith at 10 o'clock at night is never going to work ! Who am I, well 25yrs ago I was you and today I am the CEO of ApartmentsWales.com a family vacation rental company having moved from the Property Rental Business into the Vacation Rental Business and out of the two, the latter is my choice and not because there is less stress, no, in fact there is a lot more stress but the income for me is worth it, we all have to live 😊 Mr Spence Eng
I bought my first home in 2019 at 21. Best thing I’ve ever done. I was going to wait 2 years to buy another home and suddenly I couldn’t afford it. If you’re reading this and you can buy a home, DO NOT WAIT
It’s called strategy to protect the buyer and give them opportunity and time to make a smart decision. The sellers always have the final say so and can politely decline the option time if they choose to. Not having this as an option in the contract as protection is inconsiderate of the buyer. Who wouldn’t want this in the contract or who would waive it? People who don’t know what they are doing… that’s who.