Home Buyer Mistakes to Avoid

[@JavyVidana]

These three habits are preventing you from buying a house: kzbin.info/www/bejne/iJOWaaOPr9iEr6s

[@godschild5189]

I am in the process of buying a house. We did the inspection and several vertical cracks were found that had been repaired. I want another inspection by an expert in that area but not sure who is. My realtor says the buyers can refuse another inspection and only have to fix major problems. I think cracks in the basement walls is a huge issue. If they don't allow me to check I want to walk away but realtor says they can sue me for breach of contract. I would appreciate your opinion on this. Have you experienced a similar situation?

[@joselynvargas9513]

Can you do a video in Spanish ?

[@armanisells]

Hey Javier! Love the quality of your videos! What camera and lense are you shooting with?

[@ngahuruharawira4134]

Thank you for sharing 😇 prayers for your dear daughter 🙏 hope she is alot better and her illness will be cured forever ❤️ in Jesus precious name💖✝️🕊

[@hiral85]

@@armanisells I w ab m but🎉🎉 ❤❤r we

[@caseybills5517]

Buying a home is challenging, especially if you're not paying in cash or avoiding a government loan. Even with just the minimum monthly payments on a 30-year mortgage, I’ll end up paying more than twice the value of my home. I was fortunate to buy before the market went wild, so I secured a good interest rate. I can't imagine trying to rent or buy in the current conditions.

[@StocksWolf752]

I hope to own a home some day, not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.

[@cowell621]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@JamesLongman-v5r]

Mind if I ask you to recommend this particular coach you using their service?

[@cowell621]

Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.

[@lolitashaniel2342]

I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

[@Greggsberdard]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[@lolitashaniel2342]

Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

[@VictorBiggerstaff]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@BateserJoanne]

Mind if I ask you to recommend this particular coach you using their service?

[@VictorBiggerstaff]

There are many financial coaches who excel in their profession, but for the time being, I employ Rebecca Noblett Roberts because I adore her methods. You can make research and find out more

[@VictorBiggerstaff]

Her name is ' Rebecca Noblett Roberts ' Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@delusionaldave5802]

I’m 24 and I don’t have parents, hoping to get my life in order. You have no idea how much this advice means to me. I don’t have any guidance. Thank you sir for taking the time out of your day to post the content you make. I’ll subscribe.

[@MinecraftInfo2000]

You need therapy

[@destinyrae2863]

Good luck! You got this!

[@quarantinekitchen6909]

@@MinecraftInfo2000 everyone needs therapy. At most this human is aware

[@quarantinekitchen6909]

I have parents and one is disabled I’m 32 with 80k saved (taken by inflation. Probably worth 50k now). And they need my income. It’s hard to fry when my parents weigh me down. But be content the for a while the lord makes us all suffer for a while then he eases. Keep on believing. Listen to Sade

[@uplifterzinc3578]

Hi David how’s are you? Your already ahead in the game this young and listening to this advice Is awesome.

[@barttfisher]

I bought a house in 2021. The insurance and property taxes have doubled since then, and now costs more than I ever paid in rent in my life. I feel that I would be better off living in a studio apartment in a warehouse again and investing the money in anything else.

[@JosephineKenney]

i suggest you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now

[@PennyBergeron-os4ch]

You are right! I've diversified my $450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

[@HildaBennet]

Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently.

[@PennyBergeron-os4ch]

The fiduciary that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

[@HildaBennet]

Thank you for this lead. I searched her up, and I have sent her a message. I hope she gets back to me soon

[@maycygomez9026]

Qualified for 250k closing in a few days on 185k house 🙌🏾🙌🏾🙌🏾

[@lasaventurasde2428]

Congratulations many blessings

[@TheVirtualStealth]

Congrats

[@maycygomez9026]

Thank you!!

[@Area559Duh]

I guess this this last time you’ll be commenting for a long time. Congratulations!

[@lilmamma807]

AYEEEEE CONGRATS

[@BBMonkeyStar512]

When prequalifying my fiancé and I sat down and decided on a monthly payment we would be comfortable with then went to our lender and requested a prequalification for that amount. We were then informed that we could prequalify for almost double what we asked for and we turned it down and stuck to what we were comfortable with. It also helped us dodge the temptation of getting a home we knew we couldn’t afford or would be more than we were comfortable with paying. I’d recommend all first time home buyers do the same.

[@peachykeen7634]

Very smart. Folks can get qualified for crazy amounts and with this market, it’s tempting to “dip” into the upper range of what you’re pre-qualified are. We are RESISTING THE URGE...

[@ofagehomegirlbasicfemale]

We did the same.

[@Rainbowrobb]

This is what we will end up doing. I know we will be prequalified for ~600k, but I'll be damned if I buy over 350k.

[@slyfoxaj]

Exactly me and my wife agreed to that because of the overwhelming cost of child care that she would be stay at home and we would get a house on single income.. best decision we ever made.. and for those who still have car payments and CC debt. Pay that off before you get a home it will be worth it when the grind is over!!

[@float32]

@@Rainbowrobb I saw a “house” sell here for $400k that was 750 square feet and last renovated in 1937. You must not be in the Bay Area.

[@Xanxer]

I think this made me realize how unprepared mentally and financally I am to even consider buying

[@karlis-karla]

I thought I was ready😟😂

[@aygwm]

That’s a sign of maturity.

[@hockeycentral1149]

You will never be ready given how high housing prices are rising

[@Morristwins]

Same

[@Morristwins]

@@hockeycentral1149 very true

[@johnnyv2032]

Here is a good one, don't ever let your Real Estate agent pressure you into making an offer on something you don't wan't. If they give you crap drop them ASAP and find a better one.

[@jamiecollins-realestate5041]

I couldn't agree more. The Real Estate Agent should be there to inform and advise you, not to push you into decisions you don't want to make

[@wyldflower03]

💬.....I thought you had to sign an agreement to work with them only

[@elizabethmendez7857]

Me rn figuring out that my RA is shit

[@patriciamonique47]

We already bought the house but still watching this lol

[@Ahoooie]

Same

[@glopez7488]

Congrats!

[@CS-np2oo]

My wife watching this channel, us finding a house through her WATCHING THIS channel is why I subscribed. My wife has sworn by this channel, thus I started coming here. He is very good. Everything he has said is on point and in my opinion....played out exactly how he says it does when you going through the process of looking for and purchasing a house.

[@homescoolmom246]

Congrats.🎉 I can’t wait to get that point..we’re under contract supposed to close next month...

[@STACIEMLA1818]

Same!

[@rahimrupani934]

Homebuying as a millennial feels like the end all be all. It’s a little discouraging sometimes when you realize to even just live takes a crap ton of money.

[@jamiecollins-realestate5041]

Haha definitely! In this market (especially in those with higher average prices) buying your first home can be very difficult. Just getting onto the property ladder can be the hardest part

[@joshhoward1289]

Young adults these days are rushing into home buying before they are financially ready. I was 33 and a professional engineer before purchasing my first home with 10% down. Don’t rush it. Buying a home you can’t afford can be a curse not a blessing.

[@giulianacr2638]

@@joshhoward1289 From what I've seen and experienced, buying is not the problem. The real problem is people getting a home and/or car they can't afford. I bought my first fixer upper home, at 15 years instead of the standard 25 to 30 years. I added a couple of rooms and improvements and it's now worth more than double the price. I'm almost done paying it too :) I could've gotten a brand new home but I decided it was too risky and went for the older fixer upper.

[@eneco3965]

Don't worry, it's only gonna get worse

[@freshstart4423]

There's thousands of abandoned, empty homes held off the market by real estate agents and banks. They used discounted building supplies and tax shelters, tax deductions, and refuse to sell the homes according to their true value. Talk about that. Expose them.

[@r.e.3397]

when you can't even budget for rent but you're here anyway

[@karlis-karla]

😌

[@jessb.1808]

Why you gotta call me out like that?

[@EliSoza23]

Crying in millenial....

[@lilbebegirlxx]

Don’t be so hard on yourself. It’s great to know these things even if we can’t have it right now. We will later!

[@bayleereff7389]

Where I live rent and mortgage payments are basically the same🙃

[@Morristwins]

My sister and I just turned 21 and we’ve been looking to buy a house because of how toxic our household is and this gave me a sense of comfort that it takes a lot to be a home buyer, especially at a young age.

[@byunTAEuP]

Absolutely best of luck ladies!!

[@karlasalazar2759]

In Jesus name May God open a way ❤

[@myamoreno2124]

Yes they love to get the young people but do your research and have good amount savings 10 k at least after u get the home also do inspection with plumbing or heating and cooling systems so u know how it's running ... they are main heart of a home .. u don't want to spend 3 to 50k if something like that don't work or breaks after couple yrs ...

[@Morristwins]

@@Cocoisagordonsetter that’s very true, her and I have our own place together now 🥰

[@soltanarivera]

Happy for you both ❤!! ​@@Morristwins

[@jocktheglide]

When your rent is more expensive than mortgage its time no matter what. Edit: been in my new home now for 6 months and my electric is way cheaper than my 2 bedroom apt and stays cooler. The two bedroom I moved out of from they are asking 1800 a month. Yeah way better folks.

[@billmelater6470]

Just be careful. A house is Rent, utilities PLUS all the extras the landlord typically takes care of; roof, siding, water heater, air systems, plumbing, property taxes, etc. Never buy a home based only on comparing mortgage payment vs. current rent.

[@aygwm]

I would caution against that thinking. Homes cost more than just the monthly payment. The risk you take on by being tied up in that home is exemplified by the lower cost relative to renting. Renting is lower risk (your landlord takes the risk on you and it’s not collateralized) so the cost is higher.

[@r.pinheiro549]

This is true even though you are completely responsible for everything at that point. However, you do get taxes back and if you budget wisely you can make it work. You can always get a part time job too if you want to build up a savings fund. :-)

[@mewho6199]

@@aygwm My landlord takes on very little risk. They make very few repairs and still raise the rent every year.

[@ndodier]

Facts same here! Rent high and low rental inventory!

[@ashleyd7023]

That house fund will also be needed to buy all of the things you never knew you needed when owning a house for the first time. When people buy a house I tell them ‘get ready to live at Home Depot.’

[@elletee9183]

*sobs and wipes eyes with my many Home Depot receipts*

[@SeanBaker]

I have an emergency fund, and income replacement fund and a house fund. Javier is speaking the 100% truth in this video! I could go on and on about the mistakes I made when I bought this house. I'm happy with my house, but I would have done things differently.

[@chris-lennypierre-louis371]

Like what? If you don’t mind sharing

[@r.pinheiro549]

Like what?

[@jamiecollins-realestate5041]

I think its very important to go into home buying prepared. It is likely the biggest financial decision you will make

[@msbonita562]

Yes please tell us..I don't want to make those mistakes too

[@freshstart4423]

Conscientious citizens need to talk about all those abandon homes, not in the market. Banks and real estate agents are partnered together to jack up prices. The property values dropped but the prices didn't change. They used tax payer money to build those homes and renovate those homes but they aren't pricing the homes by their true value.

[@wateryourcermet]

As someone who has never bought/sold a house, I recently joined my parents in the process of selling their home (since I would be moving into their new one to save up for myself). It was the first time they had moved in 30 years, so we all were learning a lot together. Definitely a big thing I learned was how much “other” money you would need for the process. 1) Closing costs, inspection costs, costs to repair things post inspection if you’re the seller, a goodwill payment, etc. These were things I never thought about before. 2) I’ve moved apartments a lot, so moving costs aren’t new to me, but it goes back to the timeline thing. Moving apartments and moving houses isn’t the same, and timelines aren’t usually as clean. So you not only have the normal moving expenses, like supplies, movers, and tips, but you also have costs like short term storage and overlapping rent/mortgage. 3) Household necessities is also something to keep in mind. For instance, when I buy a house, I will be moving out on my own after having lived with family. That means I will need to start a pantry and fridge from scratch, buy all new cleaning supplies, get any household items like light bulbs, trash bags, toilet paper, etc. 4) And then there’s things that are unique to each place you live. Like you might have one more bathroom than you did before, so now you need to buy a shower curtain and rod, extra towels, maybe a soap dispenser and a tiny floor rug. Or that dining table you had in your old place is too big for your new place, so now you need a new table. Basically what I am saying is, the biggest thing that I learned is that saving only for a down payment is a HUGE mistake. I always thought, “I need to save a 20% down payment, and I’m set.” That’s just not true.

[@user-vm7ro1yf1j]

Thank you for all your insight

[@evangelineisolde]

Quite informative

[@amandajones1111]

Yes i wish i knew all this information

[@sct4040]

True, when I moved into my apartment, I needed to spend on paint, lighting, a new table and chairs that I wasn’t expecting to spend.

[@jorgeserrano371]

Why is saving for a down payment a mistake?

[@andrewm3150]

Just got pre approved for a 200k loan. Mine and my wife's income is about 80k combined. Got a 3% interest rate and with pmi (our down payment is low) the total with insurance and everything is 950 per month. And pmi goes away after 22% of the loan is paid off so that's nice. Hopefully all goes well, we are renting a house paying 1400/mo now so it'll be nice to save some money

[@alejandrav5790]

That sounds amazing! We used to be able to find deals like that here in Texas, but those days are long gone...

[@Ammut6]

Hows it going after a long year?

[@francita0076]

I have been in my home 9 years but I’m obsessed with this channel 🤦🏽‍♀️

[@jenniferreynolds1537]

When I was buying the house I am in, one of the relators I was working with tried to get me to bump up my max budget by like 30K because I qualified for that amount, but I knew that would make me house poor. Ended up not going with that relator because he was way too pushy about it.

[@satilikkanal6104]

Thank you so much for your help *credit lord* I feel like I am a credit human again!

[@906lane]

I live in California and the rent is ridiculous for 2 or 3 bedrooms. It was cheaper to buy then pay rent, but coming up with the downpayment, closing cost is extremely hard when your paying $2,000-$2,600 a month in rent not including utilities and everyday expenses. Plus don't get me started on saving impossible almost to save when everything is increasing in price exact your pay check.

[@Brraddd]

Can I get an amen

[@annlee1175]

This is what I worry about in the future.

[@kathym5493]

I’m in San Diego, I’m paying $2050 without utilities on a 1 bedroom 1 bath 😭 it’s going to be awhile until we have savings for a house, definitely considering moving out of state.

[@kathym5493]

@@unitedwestand5602 that’s great! We have family in Texas and Indiana, so that might be a future option. Good luck on your journey!

[@johnpham6780]

@@kathym5493 Dang Kathy, my wife and I are also in San Diego, but we have a paid off house. There are plenty of nice areas in San Diego that have 2BR/2BA for rent around $2000. East Chula Vista where we live have million dollar homes with low rentals near around that price above.

[@belaubekiis]

My 2 daughters also had febrile seizures growing up bro, and it was scary af every time it happened. Luckily, they both grew out of it at around 3. Hope you daughter’s doing good now. And thanks for the helpful advice!

[@luismontalvo2756]

“Send me a nasty email and make me cry” earned you a subscriber 😂 the solid advice is just a bonus.

[@deviceinside]

damn, Javier is on fire, and is 1000% right! Wish I had seen this video before purchasing my property. The Bank Mortgage Officers and Lenders don't really care about the reality of someone "actually" being qualified to afford a loan. They'll pretend to care, but in reality their goal is to sell you the loan (even if they know it is over-leveraged) as quickly as possible without truly understanding your finances. Buyer beware sign - tread carefully and know your numbers before letting these bankers fool you into signing the dotted line. Real Estate might be the most over-rated investment asset even though the media has tricked us into thinking its the American dream.

[@ireneharo2134]

We need more home buying videos, buying a house is nerve wrecking. It’s rare to find people actually talk about the truth. Your great!!

[@Zionite123_TV]

*🔝🔝Thanks for viewing and contributing I'll share some beneficial knowledge let's converse right away the above digit✍️🆙❤️-:*

[@TheAngelica1106]

My son had febrile seizure, as well. He out grew it at 4. Fingers crossed that your daughter will do the same!

[@mine1685]

Be careful when he has high fever. He might have febrile seizure again. My son hadn't had it for years after babyhood/childhood, but he had it at the age of 11 after many years. Be very careful that he doesn't have high fever. Don't wait, call ambulance when he has high fever. Stay in the same room when he is sick and check him. Sorry, I had freaked out when this happened to my son at the age of 11 when everywhere on the internet it said that it would stop at 5 years old or 6. Not 11. Now he is 15. However, God forbid, I am feeling that he might even have it when he is an adult. He is apparently very sensitive to high fever.

[@maltpatriot4919]

I “qualified” for a house that was 40k more than what I pre budgeted myself to buy. I knew what i could afford but I bought the home I wanted which was 40k less. I also took advice from my father before ever thinking about buying a home. He told me, “wait until your debt free(credit cards,car payments etc..) and I did! I got 1 of those 30 day closings! My mortgage company told me(friend in banking verified) it was one of the smoothest deals they’d closed on this year. Fools rush in and those who fail to plan, plan to fail. I’m Very happy with with my house, and it was because I waited 2 years to find the right home. I know not everyone can do it like I did it but patience and planning is a virtue.

[@iam1smiley1]

Yup! You want to be "smelling like a rose", also remember to do personal income taxes on time.

[@celestialblonde14]

Our house was the dream floor plan but sooo outdated. Got it for less because it was outdated and over the years we've been able to fix it up the way I want it and I love it! So worth it and not just getting the newest and greatest!

[@pattyrdz09]

I also don't want to get a new house.. I want to know the history of the house, the stability, quality and conditions of the neighborhood (flooding for example) and my husband wants a super fancy one 😑😆

[@okdubunf]

how did you approach that? how do you identify the right contractors ? one for the whole house or separate ones for different parts of the house?

[@julianzapata4283]

I remember when I was in the process of buying a home. I made my own calculations and told the mortgage people I want to be in this monthly payment, how much do I qualify for knowing very well that they were going to come back and say hey you were qualified for x amount based on your monthly estimates BUT we can give you X more. I did spend a LOT of time checking numbers and I am glad I did.

[@PCDev]

Great video with lots of facts! Thank you for the help as myself and my fiancé are first time homebuyers.

[@RoyalFizzbin]

Hey, I recognize you! 🏰

[@smileyk4129]

Same here me and mines trying to get our first home in minnesota here..go luck let me know how it goes

[@johndoe-wv3nu]

Old guy here. Spent less than 1/2 of what I was approved for on my first home. I loved that house and neighborhood. When I sold that house I bought the house I now live in for cash. It's a starter home, buy what you can actually afford. There will be deaths, births, job losses, economic crashes, pandemics....life changes on a dime. Good luck to all.

[@deedollas_]

Thank you for this great video. Uninvited side note, febrile seizures are no joke. My daughter grew out of them but the anxiety and trauma never left me. A nurse friend told us to give her red Gatorade (mixed with water because Gatorade has a lot of sugar) every time she gets a fever and it worked. It subsided her high fevers quicker than Tylenol. Personally, I kept her super hydrated and cool and let the fever run it's course until medicine was needed. I hope your daughter outgrows them soon

[@JavyVidana]

Thank you Ana, it’s always assuring hearing about someone else going through it, it’s bard to explain for those who haven’t gone through it

[@rooghz3319]

I realize not everyone has the same credit problems but these folks were fast and really worked for me. *credit lord*

[@richdelgado3405]

I think the timeline thing is extremely important. My timeline lasted TWO YEARS! That's how long I figured it would take to get my credit where I needed it, seriously reduce my credit card debt and get the savings I needed for both the down payment AND an emergency fund. It sucked waiting that long, but it was worth it.

[@Hoodbeastsdmc]

I finally closed on my home thanks for all the info man.. The journey was a whole year because the market was terrible but 2 days ago its official.. Hello from California..

[@jayw5644]

Congrats! I closed last month here too

[@brothertn708]

How much and where in Cali

[@Tee-kc3pn]

Congratulations! By the end of 2021 Home prices will take a dip....hopefully the value will rise again within a few years

[@jconroy102]

Yikes Cali good luck

[@joshuanf1974]

When I do get my house that’s my house for life. Hopefully my kids will take over the house when I’m gone and raise there kids in it or have it as a second home.

[@aliciagc2539]

I'm not even done with the video and I'm so happy I found you. The take aways for me are to become educated and take absolute personal responsibility for your decisions. My husband and I are looking to move to another state and your advice could not be more timely. Thank you Javier!

[@heyheyitskaren]

We are finally debt free with a great credit score and finally gonna talk to real estate agent to see what are the next step to buy a house. And thank god for this video

[@thegods2622]

Hate to be the bad guy but you have debt if you have a score. I'm debt free with a 0 credit score.

[@thegods2622]

But other then that congrats on your new home.

[@kj3735]

Congratulations

[@Str8upRippin10]

@@thegods2622 not true at all. I have no debt whatsoever and have 800+ credit score. I simply pay everything on credit card and then pay it off. A score doesn't mean you have debt. It just shows how well you pay off debt and how you manage it when you do have it.

[@thegods2622]

@@Str8upRippin10 do you have a car payment?

[@gines2634]

0-2 months to find a house?! We have been at it for over 2 YEARS. We have put in countless offers and keep getting out bid. The market where I am is INSANE. Houses are going for 20k over asking and aren’t worth it. I can’t get behind overspending on a fixer upper. I’m ready for the market to settle down.

[@binabenz1]

This spring will be going on to 3 years for us! U are right ! Market is nutzzzzz

[@jewelly12]

Same!!! I have not been able to get the home I want because of people coming to the valley from the city and are willing to drop extra cash or over pay. When just a year ago those homes weren’t even worth what people are paying. I just want my new home!

[@nibabi]

It took me over six months.

[@susanfudge1737]

Where are you?

[@slyfoxaj]

My offer got accepted at only 8k above list 🤔

[@kalieschord]

Watching this while staying up all night to do the Tylenol/Motrin doses every 3 hours for my 19 m/o with febrile seizures. Just you mentioning that makes me feel so much less alone- not at all the point of the video, but helped in a way you didn’t intend. I appreciate that.

[@huehaiscoville-pope940]

Love your videos! I owned a small home just over 20 years ago for a short while but sold it after a year to go live a different life. I'm looking to buy again and your videos have really helped me figure out how to get things in order. In addition to finances, I'm also trying to research neighborhood safety (I live in Philadelphia) and that has caused me to forget about some houses I was interested in. Zillow used to provide color-coded maps to show crime in the neighborhood surrounding each house they list, but they've stopped doing that. It's made the process take more time, but I think it's worth it.

[@Zionite123_TV]

*🔝🔝Thanks for viewing and contributing I'll share some beneficial knowledge let's converse right away the above digit✍️🆙❤️.❤️*

[@tjthrasher5318]

So just have an extra 15k-20k on hand and you'll be fine!

[@lynnb2562]

That is so much easier said than done. Especially when the rental market is going through the roof right now and rents are going up by $200 a month

[@MinxyNuffins]

That’s basically what I got out of this video😭😭 if I had an extra 10k I would probably have the house already

[@aygwm]

More like an extra 40k to be safe

[@SeansModelBuilds]

@@lynnb2562 Fortunately I locked in my lower rent rate.

[@jimflagg4009]

I had 30K but because of bidding wars I had to spend 20K over asking. The first house I bid on I spent the inspection fees only to find out that the seller decided to sell to another person. The second house I spent inspection fees on and found out there was a whole in the septic tank and the seller wanted me to pay 12K to get it fixed. Finally on the third house I wan the bidding war. This market sucks.

[@ulisesleandro7925]

WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 830 TODAY THANKS

[@ulisesleandro7925]

TO GET YOUR CREDIT FIXED

[@ulisesleandro7925]

V!S!T HACKBYWORLD⓪COM

[@ulisesleandro7925]

ORTXT+1

[@ulisesleandro7925]

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[@ulisesleandro7925]

4256

[@IbeSyke]

I have been blessed i sold my house 30k above asking price I was able to upgrade neighborhood and house only pay 10k above asking price it helps to have a good realtor im in escrow now crossing my fingers everything goes through and will have money leftover. Thank you javier for all the videos really really help me out .

[@blancajrodriguez]

It took us a year to move into our house. The process was sooooo long, but it was getting built in the process too. However, this did help me save $25k that year for down payment and extra savings.

[@KevinRuizContreras]

Only thing I learned from this is that houses are expensive af, and that’s the real issue.

[@xhtownx1524]

Yup , here in Houston a modest house 2B,2R is 260K - 400K.

[@nunyabusiness6450]

@@xhtownx1524 man wait until you learn about California lol

[@Arthur2005-j9y]

Ikr here in Italy even smaller house are so expensive I can’t 😓😓😓

[@deanhurst8903]

The mortgage payment is only half of the picture. You still have homeowners insurance and house upkeep and repairs.

[@kevinr8258]

@@xhtownx1524 yea but the salaries are lower too so same thing isn’t it?

[@SmolMugii]

Thank you for taking the time to make this video, I like that it was straight to the point and easy to understand. I'm saving extra money at the moment so that when I have my car paid off I can start looking at my own place, I have a really good rental situation, and I've been building my credit since I was 18, did a ton of research about that too before I turned 18 and I'm almost at the 800 mark, getting my car on a loan is what pushed me over that margin and got rid of my limited credit along with having my cards for almost 2 years now. I wanted to have around 15-20% down payment for the house ready, hoping for some extra rooms so I can use the rent to pay extra towards the principal. I already have a good sized emergency fund, but I don't ever get sick or have any problems so it just keeps growing. I'll have my car payed off early next year and by the time I have it payed off I will have a good chunk of savings too, and the extra money I wouldn't be spending on a car anymore will continue to go to that. I just don't exactly know if there's more I should be doing or not, I would like to have my first house before I turn 21 and it seems like so far that's the track I'm on.

[@rubioben000]

As someone who’s been looking to buy a house I’m very grateful I stumbled upon your videos. So much great and useful information! I enjoy these videos, thank you for such great content and information!

[@stevenmiller2820]

I’ll pray for your daughter...

[@yeseniamadrigal7146]

Yes, me too

[@peachykeen7634]

Same! We rebuke those seizures in Jesus name!

[@ndodier]

🙏🏾me too

[@Thomas63r2]

Great video! May I add the following: do some basic research on the neighborhood before submitting an offer. 1) drive around to see what nearby streets are like, 2) talk to the neighbors if you can, 3) check for sex offender and halfway house locations nearby, 4) check the schools even if you no longer have kids at home. If you just buy a house after a brief tour without checking out the neighborhood you will likely get some unhappy surprises.

[@TheKevinEstopinalShowClips]

All facts!!

[@Sims3kaizoku]

This is so hard to do in this crazy market! By the time you do all that, the house is already sold

[@Thomas63r2]

@@Sims3kaizoku Its okay with me that some people choose to buy during a frenzied market place - fortunately not all areas are over heated, and those that are will cool. Just be patient.

[@dankrhythm9344]

Thanks for the heads up!!

[@jorgealvarez1690]

Wow that last Edgar with the red shirt was the best 😆. Seriously you seem like the most down to earth, honest, easy to talk to realtor that I've seen on KZbin.

[@SikWorldMusic]

Did you get a new camera ? Idk why this video looks super HD!

[@JavyVidana]

Yesirskiiiiii

[@raouldsz]

@@JavyVidana looks nice, which camera and lens?

[@albertosellshouses]

It’s such a fast lens that it almost looks like a greenscreen

[@FlyingLapMedia]

Audio and lighting is the real MVP here. Nicely done.

[@KrystalAguilar]

Wow which camera/lens you're using? Maybe add that to description se we don't bug you. Thanks for content! Info is broken down coherently.

[@jakemitchell9688]

A big promise at the beginning and then nothing but follow-through the rest of the video. Excellent tips!!

[@IntuneGames]

First time potential buyer but my income can't hold a torch to this hot market. Don't want to rent forever but just started getting my down payment in order.

[@Gunngirl]

Same boat. Rent would be worse for me so I’m desperate to buy. I have to be out of where I am soon, so the timing for me sucks. If I could wait a year, i would.

[@carmencruz1600]

Great video Javier! One other item to save up for as well...is house furnishings, many forget to save for this even if you have current furniture at times you'll need to purchase something for example moving into a 3 bdrm 2 1/2 bath, when you used to be in a 2 bdrm 1 bath... you'll need soap dispenser, shower curtain, bedroom set, etc.

[@freddybeacher]

insane how Americans have to prepare for emergency health costs.

[@SunShineStateMetalShows]

Thats with insurance as well imagine no insurance...

[@freyafoxmusic]

Yup it’s bs

[@wiseowl2020]

Insurance is about mitigating your exposure to risk. It is not about eliminating any risk.

[@SunShineStateMetalShows]

@@wiseowl2020 Its a scam

[@wiseowl2020]

@@SunShineStateMetalShows Do you understand how health insurance works?

[@therealdeal26]

Dude You are by far the most honest on KZbin Thank YOU!!!

[@chucinchu87]

We are closing next month we sold and bought a new build home here in CA the price was high but sold high as well we also locked it at 2.750% 30yr and are closing 1/29/21 ..we are setting up goals to pay it off between 10-15 yrs a lot longer from our 2 last ones we bought and paid off within 2 and 5 yrs. Credit is king right now 818

[@JavyVidana]

Best of luck

[@melmel472]

Your second to last tip is exactly what I did. I bought a fixer upper that was way bigger and nicer structurally for cheaper than any I had seen. I saw a lot of flips before that and the things they did just weren't worth the extra price tag.

[@azteca6695]

I was single when I started looking for a house. This was in the mid 2000's 1. I paid off all my debt. 2. Went to my credit union, to get an estimate how much they would lend me. 3. each paycheck I would buy stuff for the house. 4.. Estimated how much I would need to save in emergency fund for 4 months of living expenses. 5.. I looked for a Repo house. I found a repo house that needed some work. 3 yrs, after I moved in. I was diagnosed with cancer. The following year. I lost my job. Fortunately, I had saved that emergency fund. That helped pay for the mortgage, cobra insurance, and utilities. Since I couldn't look for a job, due to going back to the Dr's and hospital for cancer screening. I was out for 2 and half months. Don't save for a rainy day. More, prepare (financially) for a hurricane. You just never know

[@ColdSprite]

Hope you doing better now .

[@rudyvargas8830]

Hi Javier just wanna stop by and say thank you in 2021 I purchase my house I would watch all your videos and after I purchase it I stop watching but never got to thank you 🙏 with that being said thank you for all this valuable free information you gave me

[@redhot654]

Hoping your daughter's health improves. That sounds terrifying.

[@JavyVidana]

I hear it goes away as she gets older.

[@redhot654]

@@JavyVidana I've heard the same 🙏

[@zazaincalifornia]

@@JavyVidana as a physician it is usually the case for febrile seizures, so I wish you the best 👍

[@neftaly4391]

The last one was the biggest and most impactful tip. I’m glad I realized it when I the market got crazy. It’s reassuring I had the right mentality

[@darrenalmeida1382]

Do your homework, work on your credit score, be ready for a bidding war, have your emergency money ready, like he mentioned it will be a couple of interesting years ahead. Believe in yourself for a positive future.

[@tyrecarmon20]

Best comment💯

[@Step1-go]

ty for clarifying this. People ask me why i still rent when i could buy, they have no clue that I’m saving up a lot more and my investments are running harder than their house equity. I’m close to buying a house in cash while they all brag about being house broke for the next 30 years. lol subbed a while back when i saw your vids. Clear and concise.

[@michaelday6987]

I have readjusted my goals as the situation dictated. I am a first time buyer, and this is a forever home kind of market. So I will continue to save and will be ready when the market corrects.

[@GuitarsAndSynths]

Unfortunately in California metro areas you need to pay way more for even a small house or condo now.

[@juliagaas8562]

Excellent advice!! The ‘what can I afford’ calculators online tell my husband and I that we can afford a million dollar mansion 🤦‍♀️ Realistically we can comfortably afford a couple hundred thousand dollar home and actually enjoy our lives not being house poor, continuing to build our savings and investments, and pay for those unexpected things in life! Don’t buy the maximum you can possibly “afford.” Biggest trap out there!

[@immeremma]

You seem like a great advocate for your clients.

[@financeroyce474]

Qualified for a $300,000 house. Bought a $141,000 duplex 💪

[@TheKevinEstopinalShowClips]

You my friend are on the first step to creating generational wealth!

[@linda27189]

Aww sorry to hear about Sadie....as a parent u just want to trade places with your child so you don't see them in pain. Great practical advice thanks Javi.

[@cilla1315]

My little sister had seizures like that they thankfully did stop once she turned 5 but yeah was super scary any time it happened. Love these videos thanks so much!

[@truthlove1114]

Love that you were so honest sharing about your sweet daughter. But very true, everyone has a different situation. For the first 10 years in our home we qualified for a $1900 mortgage but in reality we were completely house poor spending 38-40% of income on our payment. When I went back to work and our family income increased and our housing payment the. Was only 24% of our income- what a big difference. We are saving like crazy now and have so much more freedom. Wish we had thought about that years ago, but now we only have 9 hrs left on the house so might as well stick it out

[@elvismark5172]

Is now a good time to invest in stocks? I know everyone says stocks are cheap, but how long will it take for us to recover?. The fact that others in my field make six figures each piece. Obviously, there are strategies to be used in this market, but these strategies are not available to the average person, so am better off putting my money elsewhere. I am fully aware of the expense of working more to get more money.

[@thomaslewis514]

The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.

[@patrickperez7387]

It is true that many individuals minimize the importance of financial gurus until they are in emotional distress. I can very clearly recall requiring motivation to keep my business going during a long divorce. I looked into licensing advisors, or portfolio coaches as some individuals could call them, few summers ago. Thankfully, I came across a diligent individual who helped me significantly boost my reserve

[@AnthonyHart34]

@@patrickperez7387 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?

[@patrickperez7387]

@@AnthonyHart34 I was able to comprehend profit generation better with the aid of my coach, "sharon lee casey". By searching for her online and going to her page, you can contact her. I have complete confidence in her as a financial counselor who is licensed by the US SEC.

[@waynestones]

@@patrickperez7387 I can see why She is so busy; her career and outstanding qualifications are Fascinating! So I immediately copied Sharon's complete name and pasted it into my browser.

[@micheleD498]

I qualified for a mortgage of $400,00 last year (2/2021). I found a very nice home for $230,000 with 2.75% int rate. I'm thankful to have a mortgage that is extremely comfortable. I'm also grateful that I'm not dealing with the high interest rates that are going on now...

[@jasminegutierrez1935]

Hi Javier, I really enjoy all your educational videos. I really wish I knew of you before jumping into my first home purchase at 23, in the bay area (California). I sold that home almost 2 years after we bought it and got the hell out of California 😆

[@supermariobronsmiranda6735]

Where did you end up going? if you don't mind me asking?

[@TheMunguia80]

Good for you, I’m stuck here in the Bay Area but I will get the fuck out of here hopefully soon.

[@NJHeart2Heart]

l lIked this vid on point 1.. sooo important. and am becoming a loyal listener with your the last point! We learned #5 the hard way.. Stuck in our first house for ****14 years!!!**** Thank you for truth telling about house buying!

[@Opie-bi8re]

I did 30% of just my net. Married, 3 kids, and stay at home wife. Slowed my investing down until the kids get old enough for school. We live “ok” off of just my income. Not a fancy home just ok cars which are paid for. Once kids get school age and my wife goes back to work her income is 100% extra. Living above your means looks good and feels good…. Until it doesn’t. It’s not worth the stress just be happy with a bit less.

[@akalrove4834]

No 1 rule of any purchase “know thy net worth”

[@brnjones9]

Youre correct, it truly is a terrifying experience. Its a lot of money. I definitely knew I was going to go much lower than the pre-qualified amount. Ask for those cost sheets so you can some real numbers. My realtor was aware of what my price point was and why it was lower than I qualified for. And all the costs they dont tell you about. You're definitely going to need savings other than what's for the house purchase. Especially in today's market where majority of the time you're having to offer higher than asking. Thanks again for a great video. And the realtor you referred me to is working out wonderfully!

[@BigFanCooks]

Omg you are so helpful and insightful and truth telling! I hate being fooled by ppl who only think of making money from you

[@clarebear9263]

Why you did cousin Edgar like that 🤣🤣🤣🤣

[@JavyVidana]

Because I wish I could grow my hair like that

[@justforfun1093]

This video makes me sad because I realize though I’d like to be out of my house in the next few months the market in my area is too expensive and I need to save a bit more money. I do have a question... would I count the money in my equity as part of my savings or just not bank on it

[@CanalOmega]

Moral of the story... nobody can buy a house in California...

[@shawnad3333]

bought my first home in socal about 6 months ago 3 bed 2 br. i can sell for 30k more than what i paid for now based on the comps that i'm looking at.

[@aygwm]

Rich people can 😂

[@shawnad3333]

@@aygwm you don't have to be rich to buy a house in california lol you just have to be educated, whether that's through yourself or via an academic institution, and you have to have the desire to live in California (there are republicans in the big cities of California despite what other states think, i have friends that are hardcore trumpers and they live in LA)...ask yourself why certain republicans choose to live in the coast of Orange County and LA...simply the lifestyle and the weather SoCal brings. SoCal is always brimming with life, culture and diversity of thought.

[@lo8a1990]

If you can rent in California you can definitely buy.....

[@shawnad3333]

@@lo8a1990 ???? what???? that's a weird opinion...

[@aguiremedia]

Good. Video. Solid points. This was uploaded two years ago. In that time homes bought then are selling for 47% on average. You are right, can’t bet on it staying up forever. But you also cant bet on it going down 😅🤷‍♂️

[@aivela7e]

I’m single & planning on moving out of my parents house finally at the age of 29. My question is, should I move straight into a house or apt? I only make 60k/yr and I saw that I should get a house 2.5 times of my income. Which houses at 150k or less are small & ugly...

[@minismalls3096]

In Florida youre looking at a condo for this price. The more popular the area the more expensive. In Miami Beach you can get a one bedroom for just under 200k, but in other parts you can find 2 bed 2 bath for same price or less. I'm on the same boat as you, making 60k a year and am looking in Florida right now. Only reason Im willing to sacrifice on space is because of the location. I'm not trying to be in a retirement area or too far from an airport. Plus the culture and food is unbeatable haha. Tampa bay area is also very nice. Orlando too but no nearby beach, which could be a pro or con depending on your preferences. They rarely get hit by hurricanes.

[@aivela7e]

@@minismalls3096 if I could work remotely, I would definitely move with no hesitation but I can’t lol. Ohhhh the decisions to make as an adult lol 😆

[@jay68]

Buying a house (in south Florida) is the most stress inducing thing I have ever done in my life. The thought alone makes me want to live in my house forever! Good luck to all the first time home buyers out there, don't give up.

[@jeremymcneill8882]

Not having a timeline of when you need to move is a huge mistake!

[@susanfudge1737]

Really? It was good for me. I took my time until I found the perfect place.

[@jeremymcneill8882]

susan fudge you taking time was a timeline

[@luperodriguez5308]

Thank you so much for this, I haven't heard any one talk about this. My husband and I are looking into buying a house these next 2 years. This is helping so much

[@mofreeman223]

I stuck with 35% after taxes with HOA included (I am purchasing a condo) and feel pretty good about it. I also have a 6 month emergency fund.

[@dddon513]

I'm planning to buy a house soon and my budget is 25% of net towards all costs, and even that worries me to do.

[@priannaa.893]

My husband and I are waiting 6 to 8 years to buy a house so that we can be really prepared. Were getting rid of all of our debts and saving close to 40,000 also researching so much. We have a son and wanting to expand our family so we want to make sure our finances are in order to achieve everything we want. Patience is key.

[@kortlendunst3982]

I like this dude. Transparent, direct, educated, wise.

[@d.v.592]

After seeing my sisters roof cave in and the insurance refused to fix it, it makes me want to make sure I have enough left over for an entire roof.

[@Raec123]

Wow! That sucks. Why would they refuse it? What reasoning did they give?

[@d.v.592]

@@Raec123 They denied it saying there was new damage...mold. It grew so fast they used that. She fought for 3 years and finally had to do a short sell. The bank wrote off the rest because the house was almost paid off.

[@craigman7262]

always worth doing an inspection even though its still a cost.

[@originaljinxx]

Why wouldn't she be willing to refinance for the cost of the repair?

[@d.v.592]

@@originaljinxx Because the insurance has to be on board and they already denied fixing it. It would have been difficult to find a new insurance that would be willing to cover a home with all that mold and damage.

[@eyalbiber]

The ranch throwing at minute 8:58 was epic! Had to rewind and watch it again! Great video! Thanks!

[@Zionite123_TV]

*🔝🔝Thanks for viewing and contributing I'll share some beneficial knowledge let's converse right away the above digit✍️🆙❤️💙🙏*

[@vicencio1051]

Can you talk about buying an empty lot and builder a home from ground up ? Perhaps things to look out for before purchasing the lot etc..

[@chargsxr]

Yes! I would love this we are considering this right now.

[@vicencio1051]

@@chargsxr it’s a good question I’m considering in California but wanna know if it’s worth it

[@msi8311]

Lots can go very wrong and it doesn’t always save $. Usually it’s better to buy already built unless you’re made of money; but there are always exceptions.

[@nitemare1004]

some very good advice right here! most (if not all) of which my partner drilled into my head before THINKING about buying a house.

[@j2thesantosgaming811]

Thanks man I appreciate this video I’m so nervous on getting a home. What scares me the most is the unknown. What if I make a purchase and loose my job or what if I purchase the “wrong” house..or question…( When purchasing a house do you purchase for your current situation or buy for the future?) All these things are weighing heavy on me

[@katerinorellana6408]

I decided Im ready to buy a house. I want to get it by Jan 2023. Starting all my stuff now and working on fixing or bettering my credit.

[@dreenyan]

I'm Canadian and when I heard him say medical bills that can pop up I literally had to think so hard about what he means... Man, I love universal health care!

[@Aries659]

Hmm … health care is bad in Canada. Wait until you get sick.

[@Aries659]

U will die for waiting for a doctors appointment in Canada!

[@Aries659]

It’s free because you get care after you die!