Buying A House In This Current Market with

[@mappedoutmoney]

Check out Javier's video here: kzbin.info/www/bejne/mmKqo5moj9CEerc to learn about budgeting for a home. Quick Jump Sections 0:00 - Intro to Javier 1:05 - What you need to know if you're buying right now 2:55 - How much money you need for a downpayment 6:10 - Make sure you don't get taken advantage of 9:05 - Average time it's taking to get a house 11:33 - Why you must level expectations 12:14 - When you should just give up on a house 16:27 - Is there a shortcut to getting a house? 17:30 - Housing market crash updates?

[@erichlate9841]

Don't wait for the market to be ready for you, make yourself ready for the market. Excellent point!

[@KathrynFaye007]

Thank you for the video. My hubby and I were extremely fortunate to buy our house this year in this market with 0 down, VA loan and not overpriced. We started looking last year, but we know we were lucky. It might’ve helped that we bought a 106 year old colonial that is move-in ready but needs elbow work to bring it back to its former glory.

[@melissah3772]

Great video! I wanted to try to buy a home this September with some down payment assistance, but in this market it will be so impossible to compete! I decided to sign another year lease on my rental and aim for next September instead. By then I should have a down payment saved but hopefully the market won't be as extreme!! It's hard out there for first time buyers

[@mappedoutmoney]

Totally understand that Melissa! It's a brutal market right now for first time buyers. Sounds like you made a wise decision to wait it out and come back prepared next fall!

[@howtoadultschool]

I think you made a good decision. When I was buying my first home I waited a few years longer than I wanted just to make sure I didn't feel over extended for cashflow. I put down a larger downpayment and have never regretted it. The extra years renting weren't a hardship, and it's so much more comfortable to not feel stressed about home ownership now!

[@journeytowisdomandwealth2905]

Hey were are the Nick True Napkins .. new subbie Alert 🤣🤣🤣👏🏾👏🏾👏🏾

[@mappedoutmoney]

haha, I need to make some! Appreciate you coming by!

[@journeytowisdomandwealth2905]

@@mappedoutmoney 🤣🤣🤣.. I'll keep an eye out .. your welcome looking forward to checking your videos out

[@chellseaw.5595]

I just spent 300 dollars on eBay- can’t wait to get my used Nick True napkin!!!

[@mappedoutmoney]

Bahaha thanks!

[@Brooks.Conkle]

Great info about being realistic in this market. It's an interesting perfect storm --- pandemic relocation, stimulus cash, low housing inventory, low rates, people staying put, material logistics. It's wild out there!

[@linda27189]

I'm here for the Nick True Napkins 😂 I'm excited to check out your videos and learn more about budgeting. Definitely on the sidelines in this crazy housing market. No better time to improve our finances in the meantime.

[@mappedoutmoney]

hahaha, thanks Linda! Glad you're here :) And yes, absolutely no better time to work on your finances!

[@vilmachristine]

this is great information!! thank you for sharing!

[@mappedoutmoney]

Appreciate you watching!

[@debbiew263]

We won't be trying to buy for a year or more. We could sell our house fast, but it's finding and purchasing our next home. With 3 dogs, it would be extremely hard to find a temporary rental. We would most likely need to pay $75,000 to $100,000 over asking even with paying cash. That's not even for a better house than what we have, just changing from split-level to rambler and not many renovations needed. Fortunately, we're looking in the little bit higher price homes than the median.

[@ChoogyNet]

Awesome upload. Heard your story from side hustle school. Thanks

[@mappedoutmoney]

Hey thanks for coming by!

[@Franco22185]

Javi sent me, great stuff nick!

[@mappedoutmoney]

Hey thanks Franco, glad you liked it!

[@jenniferlego4221]

You should change the name of your channel to Nick True Blue. Because, I get lost! Great channel! Javi is a gracious guest. I will keep following. BTW, if you run into a single dopple ganger, let me know. hehe

[@tspfull]

That "come to Jesus moment" is SO true. Its a very hard pill to swallow when you know the kind of house you could afford just years or even months prior. very hard pill. but until you accept it you will always lose.

[@adminyoutube9139]

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