3 Things To Look Out When Buying Your First Home

[@dawnhiver2326]

The most reasonable and practical voice when it comes to buying and selling.

[@kortyEdna825]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[@PatrickFitzgerald-cx6io]

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

[@foden700]

You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.

[@brucemichelle5689.]

Would you mind providing details on the advisor who helped you?

[@foden700]

Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@brucemichelle5689.]

This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.

[@calvinone67]

I always look forward to your videos - no fluff, straight to the point along with humor!

[@JavyVidana]

Thanks for the positive comment, I will venmo you those $20 as promised 😂😂

[@justacinnamonbun8658]

As a first time home buyer, I drove over 700 miles to SC to find a reasonably priced home. I found a few. While I was there I met with an agent, got pre-qualified for $150k but the loan officer said we can go a lot higher (I only put down $150k on the application as a starting point). After talking to the agent and telling him how a few other agents we spoke to in the past would ghost us, and he's like "Yeah I don't do that, you'll hear from me within an hour" right after the pre-qualification came through we never heard back from him. I'm getting tired of real estate agents, I'm beginning to think they really serve no purpose, we're looking to just get a real estate attorney and be done with it.

[@supasuprodchinda1350]

Make more money. Problem solved…

[@sewerrat7612]

Try to find a realtor who generally works in the area looking at cheaper homes myself and alot of realtors aren't interested because they can make larger commission elsewhere.

[@cathyzhang2769]

I agree the agent is only looking out for their own interests, not yours.

[@saul1629]

I appreciate this more aggressive side of you. Stand your ground with people you hire. Ask them to teach you not just accept advise/work blindly.

[@danidaydreaming919]

Remember the agent works for you!! I had an agent argue with me when the rates were low that i should overpay for a house HAHA. they're not financial advisors. Lots of shady people. Thanks Javier!! you're a good one

[@Pat_laura22]

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

[@Alex_will12]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@Daniel_12_3]

Consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.

[@williamsscott3303]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@Daniel_12_3]

Iynne Marie Stella is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Anderson_313]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@clads1980]

This video makes me feel so much better. I literally missed out on a house I liked bc I didn’t feel comfortable with my offer and decided not bid and loose the house I really liked.

[@civicsport702]

Can you talk about assumable mortgages? Pros and cons? I might place an offer tomorrow on a home with an assumable mortgage

[@justxdruu]

Currently living at home and putting money away to become a first time home buyer within the next couple years and this video gave me comfort and knowledge, thank you !

[@brianK05]

I don’t know a real estate agent that is nearly close to you in quality. I agree most realtors just want their commission, but working with you I know you had a lot of patience with me to make sure I got a good deal with the home I wanted.

[@snl2010]

Needed that pep talk at 11:00. Prepping for my journey

[@VincentAgate]

Love your down to earth approach man. I build my relationship with my clients using the same approach. Let people know what level of service you expect and deserve! As agents, we should listen first and advise after.

[@muffinblaster77]

This was a very helpful!

[@nicolasbenson009]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@BridgetMiller-]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@Michaelparker12]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@BridgetMiller-]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@Michaelparker12]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@jesusbalderrama8565]

When I financed my first car, I told my parents that even though I’m “only spending 20k, ima get exactly what I want because I’M the one spending the money”.

[@yourstrulybostonyourstruly3185]

Bro, you giving out SOOOO much game it unbelievable.

[@richardhudson1243]

A house isn't the best investment, considering the state of the economy right now. After selling my Boca Grande house, I want to put $200K into stocks because they can still increase in value during difficult times. Do you have any great ideas for stocks?

[@saraFinn-u6g]

The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

[@maiadazz]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

[@maiadazz]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@avamadison-r9p]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@maiadazz]

Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@kosmiccandie]

We are in California , and houses if priced right are still going over asking. California market hasn't felt the major price reductions .

[@HajraUmmiof3]

Heavy on knowing your value as homebuyer. Even with the average credit score, or needing DPA, or FHA. We work hard and take care of our families even with all of that.

[@jayberan]

Hi Javier! Do you plan on making a video about the impact of the NAR lawsuit and break it down for us? Help navigate how to approach the buyer's agent commision issue? Thanks!

[@darksideofthemoon19]

Man I have been watching your vids this whole time and didn’t notice I wasn’t subscribed lol

[@misscrystalann2081]

Hi Javier, can you share your thoughts/predictions on the the direction with the housing market with the upcoming election? Hope that makes sense…

[@ftr911drvr]

I dont get that i only have 6 days to move and HAVE to buy a house. There is temporary housing that people could use and give themselves TIME instead of making a fast decision for a long term purchase. Not having a place to live is an emergency, not having a house to live in is not smh

[@RNCardiac]

Hi Javier do you have buddies here in Columbia, SC?

[@John1908-vo1iv]

Been waiting for another video. Great job.

[@frankiemionetto]

I wish I would have seen this video in 2021

[@Facts497]

Word

[@dawnhiver2326]

😂😂😂My dog are reventure fans😂😂😂😂

[@LeadfootFabrication]

It's because the housing prices are not accurate. These houses are not worth this much and the data confirms this.

[@MultiIhatethis]

The houses are worth what people are paying, that's the market.

[@doomedwit1010]

I mean a thung is wirth what people will pay for it. Stocks are overpriced too. But gotta put your money somewhere and as long as someone else will pay it. But the 50% - 200% increase over 9 years ago is crazy. Nothing under $200k without major structural defects.

[@MatthewDaniel3]

Hallelujah!!! I’m blessed and favored with $60,000 every week! Now I can afford anything and support the work of God and the church. For Your glory, LORD! HALLELUJAH!

[@BrianEdwardandDog]

Oh really? Tell me more! Always interested in hearing stories of successes.

[@MatthewDaniel3]

This is what Ana Graciela Blackwelder does, she has changed my life.

[@MatthewDaniel3]

After raising up to 60k trading with her, I bought a new house and car here in the US and also paid for my son’s (Oscar) surgery. Glory to God.shalom.

[@JenniferLyn1919]

Wow, that’s inspiring. How can I contact Ana Graciela Blackwelder?

[@MatthewDaniel3]

connect with her through