TOP 10 NEW HIDDEN COSTS When Buying a House | Hidden Fees When Purchasing a Home

[@JerryPinkas]

SC Beach Towns You Can Actually Afford To Live In -> kzbin.info/www/bejne/pGPOdouha5lpY5o

[@desertdogdan5920]

I am 73 and a Vietnam veteran. I own my home that I bought for 80k ten years ago. I live in what could be thought of a slum and I have learned to accept that and just focus on my own property. My taxes and home insurance are less than 1k per year. I am happy with having only the things I need and I don’t yen for keeping up with the Jones’s! My home is well kept, energy efficient and low maintenance. The only income I have per month is less than $1500. I have free medical care from the VA with no copays. I maintain a car and pickup and don’t want to buy anything new as they are in perfect running condition. I manage my income and savings to be prepared for any emergency expenses. I established all this security for myself with no more than $200k! I think the average American doesn’t know the simple fact that: “ it’s not how much money you have, rather it’s how you spend it!” A very simple philosophy that more seniors need to look at seriously!

[@susanpixley4100]

We paid cash for our house, no mortgage. Our previous home was a mobile home, so getting the loan was the same as buying a car. I've always heard of all the fees involved in mortgages, so we saved up the money to pay cash! It was so very easy. And, in New York there are no titles, a home buyer gets an abstract. This is the same thing as the title search. The abstract shows every owner of the home from the first owner. When we sell, we turn over the abstract to the attorney, and he adds the new owner, and gives them the abstract. Buying our home took minutes, not months! I will never have a mortgage.

[@JerryPinkas]

Thanks for watching and sharing your story. I’m so glad you enjoyed this helpful video.

[@GuitarsAndSynths]

Also home inspectors often miss key things. Next time I buy a home, I rather hire my own plumber, HVAC, roofer and electrician to dig deep for key issues. Having owned my first home now for 2 years the plumbing and sprinkler leaks have been the biggest repair issues. Also windows are very expensive to replace as fencing! But no home inspector pays much attention to these things. Buy smaller less expensive home because taxes, higher utility bills for water/sewer, gas and electricity plus repairs/maintenance add up fast so you need to afford it.

[@JerryPinkas]

100% Always best to do that research up front so you can avoid the pitfalls that are costly. Thanks for watching and commenting

[@Puddycat00]

Absolutely, it’s happened to us . We had to replace our roof, had mouse infestation, all windows had to be replaced. Our lil $200,000 house ended up costing us $100,000 more . The inspector missed so much that I wanted to go strangle the bum. But I heard so many ppl say the same thing. They’re worse than useless. You’ve given me great info of what to do next time . IF we move, we do love it here and it’s crazy but our 3 bedroom 2 bathroom house has more than doubled in value. Still, we don’t want to sell. It seems everyone is trying to buy into our lil beach town .

[@fashowallday4073]

Wow, I figured I write these down to bring with me to grill my realtor, three pages latter I've got quite the document here. I haven't written this much on my kitchen table since grade-school (I'm lying I never did my homework).

[@steveelps1677]

Just sold my house. It was on the market for one day and received more than my list my price. I took your advise and made sure my house was ready. Changed all the bulbs, made sure everything looked sparkling clean. Thanks for the tips. My goal is to purchase next house cash only..NO more mortgages!!! I will keep watching your videos.

[@JerryPinkas]

You are welcome! So glad to hear the feedback that you took action and these videos were helpful to you. Thanks for taking the time to watch and share your story with others.

[@gordons1816]

This is a gold mine of information - thank you Jerry!

[@JerryPinkas]

You are welcome, Thanks for watching and commenting

[@oldsesalt8496]

In the snow belt if they have onsite heating fuel like oil or wood or propane or pellets, then you are supposed to pay that separately. That is considered personal property outside the sale of the house and you are required to reimburse them for it. I didn't learn that until closing day. Also anything that is bolted down is part of the house. If it is electrical and hard wired, then it is sold with the house. My parents learned this when they bought a home with a lovely chandelier. On closing they found the sellers had removed the chandelier and replaced it with a piece of crap. They objected and the sellers found that they had sold the chandelier along with the house.

[@Puddycat00]

I usually never share videos but yours I do. And of course I subscribed , liked and commented. Thank you, you are truly a credit to your profession. I appreciate all the important information you provide

[@JerryPinkas]

Wow, thank you! I truly appreciate you taking the time to watch this video and comment

[@ronaldmiller4999]

Good advise Jerry I can't believe how low property taxes are in South Carolina.

[@JerryPinkas]

Thank you! So glad you enjoyed this helpful video! Amazing but true, yes South carolina is the 6th lowest taxes state in the nation. Thank you for watching and commenting

[@ronaldmiller4999]

I will look your company up if I should ever want a place there at the beach.

[@JerryPinkas]

@@ronaldmiller4999 We look forward to helping you whenever you are ready! 843-839-9870. Hope you are having a great day!

[@tenniekomar6683]

The taxes are really low. How are the schools? Do you have to pay extra for fire department services, police, etc?

[@JerryPinkas]

@@tenniekomar6683 Thanks for watching. there is NO school tax, and police fire extras. Tourist taxes from accommodation taxes help pay for much of the infrastructure that Myrtle Beach SC residents enjoy. We have a lot of super helpful info, to share, Just give us a call at 843-839-9870. Talk soon

[@jillchaban7693]

Thankyou sir..

[@JR-gh8lp]

Thank you!

[@jaxen-x1216]

My wife and I are Canadians in the early stages planning for our eventual retirement and we come across your channel and enjoy your content providing your insights regarding real estate in the Myrtle Beach area. We recently visited our American friend who lives in the Del Webb community and fell in love with the area. We are only in the early stages of considering to purchase a retirement home but not to say we looking to live in the Del Webb community; but rather, looking to stretch our money because we need to consider the exchange rate to US$. Would it be possible you can make a video for Canadians (aka - Snowbirds) who are considering Myrtle Beach as a viable seasonal retirement home?

[@oldsesalt8496]

I would never buy in an HOA.

[@GregSmith-pb3gh]

Wow I knew taxes in the south were a lot less than here in the northeast but 10 times lower!!! Great things to know, thanks.

[@JerryPinkas]

Glad you found this video helpful. Yes, Here in Myrtle Beach, South Carolina we have helped many people move to a lower cost of living and a great beach lifestyle. Thanks for commenting and watching. We are here to answer any questions you may have. 843-839-9870. Hope you are having a great day!

[@vladimirtalijan]

I moved from Europe recently and it's incredible how many made up fees Americans pay for everything :) :)

[@JerryPinkas]

Thanks for watching

[@Itsmelucky4]

Tell me about it. I think those fees are just raises, greed, mistakes made, personal vacations or events for the company, or new job openings.

[@saraf9081]

Agreed

[@edp9743]

How about a fee or sur tax for foreign investors .

[@JerryPinkas]

This is true! Thanks for taking the time to watch this helpful video and share your story here on this channel. I’ll see you in the next one.

[@AnthonyTolhurst-dw1nc]

And they keep inventing new ones

[@JerryPinkas]

Lol isn’t that the truth! Thanks for watching and taking the time to comment

[@Puddycat00]

Home inspectors are horrible, they never find anything . Then later all the issues show up. I’ve heard other ppl say the same.

[@JerryPinkas]

Just like everything in life, there are some doctors that are good and some that are not so much same can be said about home inspectors. Thanks for taking the time to watch and comment.

[@huseman21]

can anyone explain why property taxes exist? Im sure ww2 is way over.

[@JerryPinkas]

According to our friends at google, local government, collect property taxes not just to pay for public schools, but also for police fire protection, public libraries, another a central government run services. Thanks for watching.

[@islesofshoals3551]

Covering infrastructure is part of taxes. Roads, bridges, sewer lines etc

[@saraf9081]

You are always promoting South Carolina and discrediting other states in name of your business. Its getting annoying and old. Just be clear upfront and say I am here to promote my business then move on to video

[@Chris-bn1bn]

I don't know if that's your usual filming location but if it is, lose the 1970 wall paper that's peeling off the wall and maybe people will take you seriously

[@JerryPinkas]

The plastic 3D wall panels are PVC wave wall design white, with LED uplighting in the studio. Sorry, that this is bothersome to you. Thanks for watching and commenting!

[@jayckuhdoodle8181]

​@Jerry Pinkas I think it's a neat modern look. With you being in real estate, I am sure you're well used to people having lots of opinions and preferences...😊