No video :(

You HAVE to Sell The House!

Подписаться 3,3 млн

Просмотров 181 тыс.

50% 1

💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
📱Download the Ramsey Network App ⮕ ter.li/ajeshj
🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5
Explore More Shows from Ramsey Network:
🎙️ The Ramsey Show ⮕ ter.li/ng9950
🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
💰 George Kamel ⮕ ter.li/1elws8
💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
📈 EntreLeadership ⮕ ter.li/ktxv2k
Ramsey Solutions Privacy Policy
www.ramseysolu...

Опубликовано:

22 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 785

@Barweezy 3 года назад

They spent $350k on a house with $30k of income? That’s pure insanity by any standard.

@stud6414 3 года назад

It's Canada. His true income is probably $75K but after tax net is $32K.

@lionheart93 3 года назад

uhmmm bo borrower or horrible lender because that income should qualify you for like a 100k home not a 350k home

@lionheart93 3 года назад

or maybe they were making more then?

@HamiltonRb 3 года назад

@@stud6414 Have lived in NY and we paid more taxes there than we do in Canada, plus you have to factor in what it cost for healthcare in the States, where in Canada it is included in your taxes. College tuitions are also about 1/3 of what you pay in the States, and we don't have tolls on bridges & roads to nickel dime you to death.

@SamM-nb1gs 3 года назад

Agreed, but I live in the same area and I’m surprised they found a house this cheap

@gessrinky9129 3 года назад

I cannot imagine the stress of this. I don’t mean this to sound hurtful but a husband who buys a home at 350k making 30k a year isn’t gonna continue to make the financial decisions.

@theresa78201 3 года назад

@Jess I'm trying to figure out how they qualified for the mortgage in the first place.

@AustinTexasGardening 3 года назад

@Google User 20% down is 70k, then the payments will be 1800/mo for a 30yr loan, Dave only respects 15yr loans, so 3600/mo, you should probably be making at least 90k, which is 5.3k/mo net. You could do it on less, maybe 60k, but not 30

@lucid484 3 года назад

@Google User At least $150k a year combined income....

@242phaded 3 года назад

She stated their house payment is only $1,183/month. She's not likely to find a rental for less than that. She already stated the rentals they checked on were over $1,800/month. The numbers in this video don't make sense.

@lucid484 3 года назад

@Google User 125-150k a year combined salary is a "comfortable" income range for owning a house in that price range. My wife and I gross 150k a year together and we owe 242k on our mortgage...Add taxes and insurance and it's almost $2k a month. The house was originally 285k before a small down payment and I feel like we would be stretching 350k honestly.

@TheColombiano89 3 года назад

His entire paycheck goes to oil chages,gas and vehicle maintenance.

@andrewdiamond2697 3 года назад

She said $31k a month initially. I was wondering why she was calling, until that got cleared up.

@alignedwithchrist 3 года назад

I was wondering too...I'm like she said 31K month that's a lot of money..Lol!

@dasheffield5596 3 года назад

It amazes me. How people keep procreating children when they’re struggling to take care of themselves?

@Lolatyou332 3 года назад

Lack of self-control and discipline.

@leadnsteel1428 3 года назад

31 grand is nothing especially in Canada.

@jaydubya9265 3 года назад

Children are a blessing!

@rayhill5767 3 года назад

Quiver full Christians

@DioDiablo702 3 года назад

I don't understand why people do that also. They know they don't have the money but keep popping out babies.

@redcomic619 3 года назад

Toronto is insanely expensive so I don’t blame them for moving to the country, but a 3 hour commute is insanity. Burnout from that probably contributes to their poor decision making.

@Kysen10 3 года назад

3hr for 30k unreal.

@rayn1ful 3 года назад

Hamilton is insanely better than Toronto , i dont care what anyone says.

@christinebutler7630 3 года назад

They need to consider moving. Windsor is way cheaper. So is Kingston , so is London (Ontario). Or they could head to the Maritimes

@5trace 3 года назад

@@christinebutler7630 they need to move away from Toronto. He can get a job anywhere for that low of pay. We are in Belleville he is literally making almost min.wage.

@redcomic619 3 года назад

rayn1ful Toronto is like New York, Hamilton is like Detroit. Everyone has their own preference.

@anthonytorrento6192 3 года назад

This call stressed me out like I was living it. Pray for your family, hope all is well

@stefanstenroos6344 3 года назад

Caller: We have one toddler and another on the way. Dave: What's their average annual income?

@stefanstenroos6344 3 года назад

@@k-mart7475 it's time for beans and rice my friend

@ShantiForever 3 года назад

😂

@ryanvook 3 года назад

@@k-mart7475 What you make in a year on average.

@1stidvet553 3 года назад

😂

@Polo22546 3 года назад

HILARIOUS!!

@TheAgentmigs 3 года назад

I still have PSTD over the loud intro music that used to be there.

@ETOOHUGO 3 года назад

I knew something was missing 😂

@TheAgentmigs 3 года назад

@@ETOOHUGO I click on the link to the video and reflexively tense up! hhah

@yoderoutdoors 3 года назад

I always brace for the loud music then I'm like oh yeah it's gone now 😂

@stephensantiago603 3 года назад

I listened to one of the old ones one day with headphones on, almost blew an eardrum 😂

@overcomer4226 3 года назад

I love that intro music

@jimroscovius 3 года назад

They knew about the commute when they bought the house, so why did they buy it? You don't buy a house with a 3-hr commute, and then complain about the 3-hr commute.

@AC-qo8oq 3 года назад

They thought they could get a job in town.

@Neddie2k 3 года назад

I know, dreams become nightmare.

@jimroscovius 3 года назад

@@AC-qo8oq He needs to get a much better-paying job. My gosh, I was making double that over 10 years ago!!

@Dbeaves2493 3 года назад

You could work anywhere and make that.. I'm not driving over an hour for minimum wage.

@jimroscovius 3 года назад

Minimum wage was meant to be a stopgap, not a living wage. You get that until you find something else. I was making $10.45/hr 20 years ago.

@BusterBronco1987 3 года назад

Dave, Stop interrupting your cohosts!!!!

@numi8985 3 года назад

Give him time he is still transitioning the show to others

@xenakaifinancevideos8650 3 года назад

How were they approved for a $300k+ house on only $31k income?

@mxerb5912 3 года назад

No kidding. Housing collapse 2008.20

@matthewdavis5588 3 года назад

Wife and I make a little over 100. We were recently approved for a 600k home. It’s pretty messed up how much debt banks are willing to give you

@too-da-loo 3 года назад

Exactly my though.. even dishonest lenders would not have taken that bet

@Michael-kv5ff 3 года назад

@@matthewdavis5588 I have a mortgage for 700k which is 2800 a month it's not hard to pay I rent my basement for 1300 and a room for 750

@xenakaifinancevideos8650 3 года назад

@@matthewdavis5588 That's insane! I always hear how difficult it is to get approved for a mortgage so this is surprising to me

@kelligreer3975 3 года назад

Bless her heart. And sad that the banks approve these loans for people starting out on little to no income. I just don't understand. I thought those days were over after 2008.

@susanmarie2231 3 года назад

The caller is in Canada. Perhaps it is different there as far as getting approved for a mortgage.

@Call0fDutyGameplayz 3 года назад

@@susanmarie2231 Different but eerily similar, Canada will see a similar decline very soon as the US did in 2010.

@CanadianASMR1 3 года назад

I would like to know how, I have more income, a downpayment and I can't even get in the bank's office or told sorry no.

@blackworldtraveler3711 3 года назад

Look at how many still paycheck to paycheck after 2008.

@rayhill5767 3 года назад

Don’t buy stuff you can’t afford. Problem solved

@SunnehBoii 3 года назад

I wanna know how they got approved for that loan making so little money.

@conradsasinski479 3 года назад

Predatory lending

@tobyfitzpatrick565 3 года назад

Good point.

@matthewjohnston7071 3 года назад

Definitely good point.

@Trenton.D 3 года назад

Almost anyone can get a mortgage. Meanwhile it’s the reverse for rentals where sometimes they want five times income or MORE.

@mariorta5017 2 года назад

FHA maybe

@midwestron8576 3 года назад

Dave, you're a nice guy, but quit interrupting your co-host. You're being rude. His commentary was valid, and added value to the content.

@DavidGeorgiaPersonalFinance 3 года назад

When your dream turns into a nightmare and you can't wake up.

@auroramothergoddess 3 года назад

🔥

@blackworldtraveler3711 3 года назад

Well they wanted the kids and the countryside.

@rayn1ful 3 года назад

good point.

@bettysmith4527 3 года назад

This happened because they clearly didn't think through the whole situation before they just went and did it. You have to think and do the math before you make a dream a reality, because reality needs math.

@natef1504 3 года назад

You’re little dream of living in the country and growing veggies has turned into a nightmare. 😂😂

@TimeisUp22 3 года назад

Dave has NO CHILL! 🤣😂🤣😂🤣😂

@joyaustin6581 3 года назад

Could have made money off a farm stand?

@josephrichardson4678 3 года назад

@@joyaustin6581 that is not gonna help nor would it have

@tycondero1647 3 года назад

@@joyaustin6581 Lol, there is probably not a living soul besides them within 10 miles of the house.

@houstonhubble1003 10 месяцев назад

That was hilarious.

@casinojenkins3 Год назад

“Your little dream of living out in the country and growing veggies is over” 🤣🤣🤣 Dave cold hearted

@flch95 3 года назад

Don’t think Dave understand cost of living in Toronto and area. Sell the house and moving to “town” will get you in a worse situation lol. Sad situation.

@leadnsteel1428 3 года назад

And the amount of crime and violence in Toronto lately... shootings and stabbings every night and day now

@diannyzapata 3 года назад

Maybe they can rent an apt in someone's house in the country 🤷🏽‍♀️

@jutde 3 года назад

That's not the point, they are losing the house and either they move closer to the job or he gets a different job.

@thylabyrinth 3 года назад

@@leadnsteel1428 Sounds like your average multicultural paradise.

@flch95 3 года назад

@@jutde there is no point. If you can’t make those mortgage payments that would be LOWER than rent how are they going to pay rent? They have to increase income somehow no way around it. Or move back in with parents but that option wasn’t mentioned in the video. Moving to “town” and renting was.

@bentleyboy72 3 года назад

In the time that this guy spends to drive to and from work every day, he could literally make 31k from a side hustle/online business from home. Very poor decision moving that far away from town if he didn't have a career that was actually worth it. Move back to town, rent a 2 bedroom, and save up until you can afford to start your little "sustainable living" project in the country.

@bangladeshirealtor 3 года назад

lol u must not know how expensive downtown TO is.....

@bindingcurve 3 года назад

@@bangladeshirealtor Don't live in downtown, but don't live 90 min away.

@bangladeshirealtor 3 года назад

@@bindingcurve that’s the thing ....it’s hard to find affordable housing even 45 mins away from downtown lol

@jimroscovius 3 года назад

@@saulgoodman2018 My wife and I both worked, and we had kids. Dave should have brought that up.

@ayela562 3 года назад

She couldn’t even rent 1.5 hours away from Toronto for less than her mortgage . It’s crazy here . She’s very off on the value of her house .

@vince8520 3 года назад

Making 30,000$ a year in Ontario basically means your homeless

@nathalielady2592 3 года назад

$30000 canadian is probably $25000 American. With that, can't even afford a $100000 house.

@vince8520 3 года назад

@@nathalielady2592 and consider the fact that Real estate in Ontario is equivalent to California with the same level of taxes.

@nathalielady2592 3 года назад

@@vince8520 wonder how they even qualified for that loan.

@PInk77W1 3 года назад

You’re

@PInk77W1 3 года назад

@@vince8520 I doubt its equal to California. It mite be high but California is Super hi.

@slappymcface5681 3 года назад

I bet that house is worth about 20% more than she thinks it is.

@CanadianASMR1 3 года назад

Actually probably more as it is total insanity real estate prices here.

@briangasser973 3 года назад

Toronto real estate is crazy expensive. Unfortunately being an hour and a half away, it doesn't help their appreciation.

@batrarohit1 3 года назад

@@briangasser973 tbh 1.5 hours way let’s say some suburb of Kingston or if it’s south somewhere suburb of London. Regardless, it’s going to sell first week with 50k over asking at least.

@Chromewarrior 3 года назад

Everyone saying a home in the middle of no where is worth more than they think, extremely doubtful. Everyone’s a real estate expert.

@CanadianASMR1 3 года назад

@@Chromewarrior Well some of us do live in the area as this caller so we should know! None of us are experts in backwards make no sense insanity that is real estate and everything today.

@DoctorSmartyPants 3 года назад

Dave doesn't realize it costs more to live in town than out in the country. What planet is he on?

@patmebro2429 3 года назад

Exactly, Monthly payments on the home are 1183 dollars. Of course there are other costs associated with a house but a 2 bedroom apartment will cost you the same if not more. Another example of bad advice from Dave.

@FR-tb7xh 3 года назад

He does realize it. That’s why he said either the caller or her husband has to get an additional job. Implicit in the advice is that finding that extra job closer to his work, after moving, would be easier than finding it in the remote area they currently live.

@theresa78201 3 года назад

@@FR-tb7xh True...the father would also have more time with his children, rather than commuting.

@patmebro2429 3 года назад

@@FR-tb7xh @F R still doesn't make sense to take on a more expensive living situation before you have secured that second job. It's a quick formula to get evicted and go homeless. The better advice would have been to focus solely on securing another form of income given that the monthly payments are reasonable. If the commute becomes an issue then you move.

@cm01 2 года назад

more expensive than a condo across from the royal ontario museum maybe but not more expensive than the suburbs. if anything the suburbs are cheaper than rural even ignoring the cost savings of a shorter commute.

@greencase 3 года назад

Stop cutting off your co hosts dave!!! It's getting irratating.

@howlbeast 3 года назад

she needs to hurry up and speak

@laanierhae 3 года назад

Glad I'm not the only one who noticed. He did it several times to Dr. D the other day. Didn’t let him finish his point to the caller and I wanted to hear what he had to say. I don't care about cutting off the callers when they're rambling, but sometimes he cuts them off when they're NOT rambling, and ends up asking questions they were already getting to.

@raallen1468 3 года назад

@@laanierhae Dave IS very rude. I think "that's" just him. He knows everything there is to know about everything there is to know & he wants to tell you what he knows about how wrong you are.... 🙄

@misssicily100 3 года назад

@@raallen1468 he is just being blunt and honest. Sometimes people do not want to hear the truth!

@raallen1468 3 года назад

@@misssicily100 I am "one -of-the-first-in-line" when it comes to speaking brutal truth over a fawning lie. I am never rude when I speak the truth to someone... & Interrupting IS always RUDE. jmo.

@Deheartless 3 года назад

I am sitting here just wondering how they even got approved for the mortgage in the first place. its difficult to get a mortgage unless you have co signers.

@dexterm1285 3 года назад

My brother in law got a place recently he can afford. I think Canada Is soon have a housing crisis like the US did in 08.

@palillo2006 3 года назад

Maybe an income change? I'm guessing they were a dual income family and she had to leave to take care of the kid and future kid.

@FR-tb7xh 3 года назад

@@palillo2006 Agree. And as soon as that second income was lost, they should have recrunched the numbers to have forecast this all.

@FrankieJ789 3 года назад

Caller: Hi Dave how are you? Dave: Sell the house

@georgecarter838 3 года назад

Caller: Uh, we're burning through our savings to pay the mortgage. Dave: Sell the car.

@MrMohaa1234 3 года назад

LOL

@thesaltyonion4899 3 года назад

Caller: I have $10 in debt Dave: Sell the car, sell the house, sell some organs, sell the kids, beans and rice rice and beans

@aguyandhiscomputer 3 года назад

@@thesaltyonion4899 Sell the beans, live on the rice.

@thesaltyonion4899 3 года назад

@@aguyandhiscomputer dam, in so much debt that you can’t live on rice and beans only the rice

@RiggyRonnie 3 года назад

The husband needs to raise his income after they sell the house

@kobeandgary 3 года назад

He makes 31k a month?

@MeNoOther 3 года назад

The Wife needs to control HER Spending!

@carteryeates5423 3 года назад

@@kobeandgary It was a little confusing. Either 31K a year or 3.1K a month.

@leadnsteel1428 3 года назад

@@kobeandgary and they are having kids on that :(

@christinebutler7630 3 года назад

Earning income is the responsibility of both of them

@MaxSujyReact 3 года назад

"Move to town", they live in freaking Toronto, are you freaking kidding Dave...? It is replacing a problem by another one.

@kbanghart 3 года назад

Good point, but they don't have a whole lot of options either. they have to start making more money, no matter what they do.

@rubez16 3 года назад

Rent. Basement apt if needed.

@medicatedandcaffeinated7946 3 года назад

@@rubez16 renting a basement apartment in Toronto would no doubt cost double what they are paying for their mortgage. I'm 1.5 hours away from Toronto, and a 2 bedroom apt will go for $1500 a month easily, I imagine it would be at least $2000 on Toronto

@Justsayingthat 3 года назад

@@rubez16 still expensive

@BossnurseCouple 3 года назад

“Growing veggies in the country is a nightmare” 🤣🤣🤣 Love Dave’s comments!

@GR-uc1gq 3 года назад

Let your co-hosts talk Dave

@ugladden 3 года назад

He does... also im not sure if you know this or not but... it’s called the DAVE RAMSEY show. Chris literally has his own entire show. If you want to hear him then go click on CHRIS show, not Dave.

@Kris0700T 3 года назад

@@ugladden why do you sound so angry? Who hurt you

@jmc8076 3 года назад

@@Kris0700T How do they sound angry?

@jmc8076 3 года назад

Just a 30 yr habit.

@aradan4955 3 года назад

@@Kris0700T why do you read angry. Who hurt you

@kimbropham 3 года назад

I stinkin’ adore Chris. Great advice by both, but greatly appreciated Chris’ delivery.

@TheLuxeTraveler702 3 года назад

Yes, agree !! 😁😁

@theresa78201 3 года назад

I could listen to Chris's voice all day.

@vanevicious9041 3 года назад

He needs a second job or she needs to work when he’s not.

@RhinoXpress 3 года назад

And stop having kids when you cant afford it.

@bryan_witha_whyy 3 года назад

He drives 90 minutes for 30 grand a year. That’s just idiotic.

@Faith-un7ns 3 года назад

He doesn’t have enough time in a day to get another job. And she can’t get a job because it would never work out.

@StephanieWeeks 3 года назад

This is why it's so important to tell your mortgage lender your goals (loan amount, monthly payment, and cash out of pocket) BEFORE you even start looking for a home!

@savageelle9077 3 года назад

I paid off 40k of debt and all I had to do is sell all my dave ramsey books. Thanks Dave 😊

@ShantiForever 3 года назад

How did they get approved for such a large mortgage w/ a 30K income?

@howlbeast 3 года назад

Banks are thieves

@ThePooppantsman 3 года назад

Because they want debt slaves

@SSSauceyBuns 3 года назад

The wife probably worked when they applied, then decided to stay at home with the kids.

@hollyb6885 3 года назад

She said he makes $31,200 monthly and neither she or Dave never clarified that. Did she mean that’s his yearly take home pay?

@rayhill5767 3 года назад

Because they foreclose and resell it. Keep running it through the system. $ every month

@brianpitsilides5337 3 года назад

The housing fairy is REAL!! Idc what Dave says.

@okaoalal3144 3 года назад

What’s housing fairy mean?

@khanhcao3123 3 года назад

She needs to stop having babies and help her husband out. Just because she is pregnant does not mean she can't contribute.

@theresa78201 3 года назад

Her working during the week would mean paying for child care for one child now, and eventually two children. I agree she could work weekends once she has recovered from childbirth, and he could care for the children those two shifts.

@EricRamz 3 года назад

Dude needs to get a big boy job

@canadianjatti 3 года назад

@@theresa78201 many jobs are work from home now due to pandemic...my coworkers have the kids with them at home while working

@Justsayingthat 3 года назад

She did not get herself pregnant. Taking care of a child is contributing. Daycare is expensive. Plus pregnancy can take a toll

@preezypatel 3 года назад

I watch these videos to feel better about my life.

@Sonickrunch 3 года назад

No one living in Toronto is needing to travel 1.5 hours each way to make 31k...what's his skillset...potato? Maybe he bought in Niagara and travels to the other side of Toronto to be able to have bought a house for 350 a few years ago, but he could work in town for that and be able to have a 2nd job too. For her not to even know her house's value too...sheesh. I'm sure they could sell for near 400k now and rent until he figures it out.

@m.3257 3 года назад

What I find strange is that the monthly house payments are lower than the rent for an apartment. If this is true they maybe should keep the house.

@Faith-un7ns 3 года назад

@@m.3257 ya but they would save time and gas if they lived in the city and she would be able to find a job as well.

@Faith-un7ns 3 года назад

They bought their house a year ago so most likely they overbid on the house to begin with. Now they know they won’t get their money back because people don’t want to live in the middle of no where.

@Dre2011 3 года назад

Over the years you can see Dave has lost a lot of patience. He literally wants to call everyone that calls “stupid”.

@bobbileehall3567 3 года назад

Dave’s right! People are stuuuuupppppiiiiid!

@diannyzapata 3 года назад

Yes people are. I blame the school system. Why isn't debt and budgeting taught?

@newlife45692 3 года назад

🤣

@kirapoodle Год назад

Because a lot of us have made stupid decisions with money

@Noliving 3 года назад

I'm just glad they got rid of the opening loud as F music at the beginning of these videos.

@LifeofKairo 3 года назад

Get the house appraised!

@k-mart7475 3 года назад

@slappymcface5681 3 года назад

I bet it’s worth about 20% more than she thinks it is too.

@ape6355 3 года назад

You don't even need it appraised to sell it duh

@LifeofKairo 3 года назад

@@ape6355 that’s true - my main point was that they don’t seem to even know what it’s worth

@morepower1788 3 года назад

@@LifeofKairo you are a bottom feeder. Got back to your broke channel. Don't be plagiarize Dave Ramsey

@blackonblack...9244 3 года назад

He may have to find a better job, but they will need to sell the house.

@christinebutler7630 3 года назад

They need to give the first kid to relatives and abort the incipient one and try again at raising a family when they can actually afford one.

@kbanghart 3 года назад

@@christinebutler7630 abort lol. Probably not going to happen

@nodrogytsirk 3 года назад

Land values here in Ontario are super high...their house will sell in no time. He should be able to get a better job because things are slowly opening up again.

@sebastianrambert7097 3 года назад

“Sell my house eh?”

@ImVeryBrad 3 года назад

oh F*ck ya bud

@JJs_playground 3 года назад

How is she going to lose money on a house around the Toronto area? Townhomes are selling for $1million. Maybe she's underestimating the price of their house.

@acctsys 3 года назад

1.5 hours away.

@randolphbehm877 3 года назад

I have half the house they have with double their income.... It’s not hard to live within your means if you do the math and makes sound decisions. I wonder how much he spends in fuel a month with that amount of driving daily....

@joanl.7543 3 года назад

Sad that they were lent the money in the first place. This was clearly not a workable situation from the beginning.

@raallen1468 3 года назад

That mortgage was VERY workable..... for the bank.🙄

@avocadogaming3942 3 года назад

Maybe the wife was working then or the husband had a better job at the time, that is my guess. Or had a huge down payment

@theresa78201 3 года назад

@@avocadogaming3942 I was trying to figure out how they qualified for the mortgage in the first place, and your comment makes the most sense.

@patty109109 3 года назад

His commute for that income is patent insanity.

@LifeandLifeMoreAbundantly 2 месяца назад

How is their payment $1100/month? I’d love to know how this played out; housing prices skyrocketed after this time.

@TheLuxeTraveler702 3 года назад

She seems like such a sweet lady but they need to face reality that they need to move. Either sell at a loss or it gets foreclosed on anyway. Either way they are losing the house. Might need to find a 2 br , small apartment. Im sure they can find that in toronto. They don't need extra space right now.

@christinebutler7630 3 года назад

They can't afford an apartment in Toronto. They can't afford a parking space in Toronto. Send the kid somewhere else, they are going to be homeless for a few years until the can save up money to buy another place.

@exgamer07 3 года назад

Houses are not liquid enough to expect sale in less than a month. They should try to work something out with mortgage company.

@kbanghart 3 года назад

I live in CA, the foreclosure wouldn't happen for a while anyway. Not sure about Canada.

@EricDaMAJ 3 года назад

A 3 hour commute is a recipe for tragedy. It dramatically increases the probability of a traffic accident. Too many people die on the road. Dave’s right. You can’t stare at your problems like a bird at a snake.

@georgeahacker 3 года назад

And they can't afford life insurance on the husband... which means even more risk than they know.

@ryant2568 3 года назад

Simple solution: Sell the house, eat the loss and rent somewhere closer to where he works. Having a proper work/life balance is more important than owning a house.

@MrJrobb182 3 года назад

If it costs $1,800 a month to live in town then they need to figure out the job part first.

@inertiaforce7846 3 года назад

I thought I had problems till I see the callers calling into Dave Ramsey. It's a cruel world out there.

@nitacollins9543 6 месяцев назад

The HOUSING FERRY!!!!😂 DAVE IS A BEAST!!!!!!!!!!

@boots911 3 года назад

Uh the obvious second choice is for this lady to get a job as well and make it work. It’s either that, or sell the house.

@amcpacer2909 3 года назад

i like the way Dave presses the button and cuts the person off when he dont want to hear anything more from that person

@Neddie2k 3 года назад

Losing the house, next is a high mileage car.

@jeffsmith3622 3 года назад

How can they not figure that out?

@kbanghart 3 года назад

Oh it's figured out, it's in the back of their head but they don't want to deal with it because they have the pressures of all the bills, and kids, etc. I've been there personally and it sucks. It's just problem after a problem compounding on itself and people get stuck and don't know how to fix it. And then you add depression on top of that.

@matthewgardner2144 3 года назад

The husband and wife both have very low IQs. She tossed in the 'people of faith' card, but even Dave wasn't buying that.

@setha360 3 года назад

They should of got a room mate months ago and some kind of side hustle like babysitting!

@matthewgardner2144 3 года назад

Why make smart solution- based decisions when you can just get knocked up again and then sit around and fret?

@antonniaharris2672 3 года назад

The money they save traveling to work (gas) would probably get the difference of rental and closer to work. The house should appraise for more than she thinks

@Faith-un7ns 3 года назад

Also he can then pick up a second job and she can find a job as well.

@yoderoutdoors 3 года назад

31k a month? @1:05 I think she's got stuff mixed up and its confusing me.

@1redrubberball 3 года назад

I think she misspoke because she began agreeing with $31K annually.

@CodiTheJedi 3 года назад

How do they only have an 1100 payment on 280k?

@raallen1468 3 года назад

Maybe they're paying only the interest? Though 1100 seems like low interest on a huge mortgage.

@lucid484 3 года назад

Thats just the principle and interest. Doesn't include Taxes and Insurance. The monthly payment on the $285k we financed is $1,220

@RhinoXpress 3 года назад

They make 31k a year with another child on the way and are living in a 350k house with a mortgage payment of nearly 1200 a month. I just don't get it. Having a dream is one thing actually affording that dream is an entirely diff thing all together.

@Mitzi73 3 года назад

Sometimes you need to be extreme with your finances.

@sigsauer3719 3 года назад

I sold everything to live in my 2009 Camry debt free with a trunk full of cash. I have no debt and no home to reside in but my trunk is full of cash. I am good and trying to figure a way to take it with me when the time comes.

@kevindudson2344 3 года назад

She should start a webshop selling the seeds that the food plants generates. Big $ in doing that.

@thedragonhouse4991 3 года назад

Why aren’t you doing it then?

@kevindudson2344 3 года назад

@@thedragonhouse4991 Cos I ain't got no food plants.

@iracohen3864 Месяц назад

Bank should be ashamed for approving the loan for starters...wonder if there is a cosigner?? In any case, they way overbought to grow rutabegas.

@kobeandgary 3 года назад

Okay I'm confused, because I clearly hear her say $31,200 a month...Really seems like Dave got his wires crossed on this one.

@e1bo 3 года назад

If they made that a month, they wouldn't be struggling to pay off an 1100 mortgage.

@JJs_playground 3 года назад

Ya I was confused by that too but as @@e1bo mentioned if they were making 31,200 a month they would not be struggling to pay an $1100/mortgage.

@alicelaybourne1620 3 года назад

@@JJs_playground I agree, but there is also the thing niggling in the back of my head which is that she said the reason he wants to keep the job is the great pay. 31K a year in the US is barely 1800 take home. No one can live on that in Toronto with the higher taxes and higher cost of homes.

@kobeandgary 3 года назад

@@alicelaybourne1620 they've also knocked out over 70k in their mortgage. No small feat on 31k a year! So it definitely sounds like 31k a month to me.

@abitamimbharmal1498 3 года назад

She probably made a mistake

@stephensantiago603 3 года назад

"Little dream of living out in the country growing veggies." Idk why, but I spit out my coffee 🤣.

@TheLuxeTraveler702 3 года назад

I died laughing when he said this !! 🤣🤣🤣

@nemeanlioness 3 года назад

that's a lot of gasoline, never mind the babies.

@Coffeetime1991 2 года назад

I make about $45k-55k a year and I bought a $158k condo with a $916 mortgage ($200 of that is escrow).. After taxes insurance and the ridiculous prices of everything, I am left with like $500 to myself each month for discretionary spending or savings. I can't imagine owning $350k home with less income.

@ugladden 3 года назад

Living out in the middle of nowhere will DEFINITELY create babies lol

@auroramothergoddess 3 года назад

Yup need children for free labor free child care services and free cleaning services

@zevlove612 3 года назад

Move in with parents for a year or two until debt is cleared and savings and income improve

@Tehui1974 4 месяца назад

This caller and her husband are in complete denial. And this lady appears to the more saner of the two. Unbelievable.

@gdc1231 3 года назад

Did I hear her right that he takes home $31,200 a month? I'm guessing she meant a year because if it were a month she wouldn't have bothered calling Dave!

@dlynch1898 2 года назад

Sweet Natalie I’m so sorry you’re going through this. God help them make the right decisions now is my prayer. Blessings to Ramsey and Co. for good advice. 💕💕💕💕💕

@zhongyuebo8871 3 года назад

Also what is your interest rate if you are only paying 1200 a month a 350k that is ridiculously low

@rtrt2889 3 года назад

Why do people buy houses when they're broke?

@hastycontemplation 3 года назад

Denial? Brainwashed?

@crowdsalad6814 3 года назад

Or have MORE kids

@yoyo-ko4fh 3 года назад

*AMERICAN DREAM*

@hamza4real 3 года назад

To grow veggies in the countryside

@krassimirpetrov7131 3 года назад

American nightmare

@CajunWolffe 3 года назад

How does someone making that little money qualify for a loan that large? Even better, how does someone who makes 32K per year think they're going to make the payments on a loan that large? To me, that's putting a shackle around your neck.

@carloslemus2788 3 года назад

Love Dave but I'm pretty sure I could start a solid drinking game where you take one shot every time he cuts off one of his guests or co-hosts. Wait til they're done speaking, dude.

@angryox3102 3 года назад

I get that he views his own words as more important than others. But what’s the point of having them if he’s just going to cut them off?

@dexterwooten7839 3 года назад

I hate to say this, but Dave sounds incredibly impatient and bitter and he undoubtedly made that poor woman in need feel like a complete fool for calling in. Maybe his advice helped them, maybe not. But why was it so hard to just be nice to this woman? I'm a huge Dave fan, I wouldn't be one if this was the first video of his I saw.

@TheseEndlessNights 6 месяцев назад

You can make more than 31k working t at McDonald’s, what the hell is he doing driving 90 minutes to make minimum wage?

@killphil45 3 года назад

OK, HOLD ON. did she not say "31200" a Month?? 31200 * 12 = ???

@shekharmoona544 3 года назад

Fine a friend that will allow you to park on the property closer to work and move into a small rv until you get back on your feet sell the house.

@Neoquaker1 5 месяцев назад

Sell the kids, sell your soul...

@TJS483 8 месяцев назад

Dave was rude to the other man. Totally cut him off.

@letgabeequaltrue9097 3 года назад

At this point, all they have to live on is a polaroid picture of rice & beans.

@heathmichael86 3 года назад

Soo much better without that loud intro sound signature. Thank you!

@jayrocke6067 3 года назад

Men, quit letting pride get in the way.... act now!

@blackjackjoker2759 3 года назад

$350000 home. $32000 income. Who told them this could work?

@Faith-un7ns 3 года назад

The bank 🏦. Lol

@AntwanAhmed 3 года назад

What lender is letting ppl buy houses 10x their income? Is it bc it’s out in the middle of nowhere?

@macneoh7418 3 года назад

I drive 40 minutes one way to work and I can't stand it. A 3 hour commute is insane. Also, we are broke so let's have another child. These people are out of their minds.

@aolvaar8792 3 года назад

I walk 15 minutes

@canadianjatti 3 года назад

@@aolvaar8792 I walk to my desk downstairs from my room... HAHA

@mckeznak 3 года назад

There's no ELPs up here in Canada. It would be great if you could set that up, up here.

@thejakelegion 3 года назад

People try to buy dreams they can't afford.

@sitiwrattz 3 года назад

Man these people are fools. They make that little money and they're popping out kids? I feel bad for the children.

@deficator750 Год назад

people always try to convince you to hold on to the house if you can even if its a huge loss

@jordyjustine 3 года назад

Great way to live but you must be prepared for it. Move closer to the crazy zone, garner other more profitable sources of income, prepare and move back out to a smaller place with a few acres. Keep leveling up from there. You all jumped the gun.