Guys when it comes to the Mortgage section, things can get a lot more complex but at least it gives you an idea of how things work. Also if you've recently gone through the same process, dont be afraid to share your experience! Itll definitely help a bunch of people!

@ThisIsE

5 ай бұрын

Great video, Andres! As someone who lives far away, I find it incredibly insightful to be able to compare living costs and property expenses.

@steveritte

5 ай бұрын

Get that black spot on the ceiling bro.couldnt concetrate much on your face or what you was saying much.

@steveritte

5 ай бұрын

Dont get me wrong.Love your contents ❤

Sunday morning watching peak KZread content. Can’t ask for more. 🔥

@ornab1974

5 ай бұрын

its night in bangladesh

Ok... I'm 28, I make 100k a year, probably 120k soon with a new job in discussion. My wife make 70k a year. We're in an old, not so good 2 bedroom apartment in Montreal and we're paying 870$ a month. We're tolerating this unit as we hope to buy in the next ~4 to 5 years. This video almost made me cry, how on earth could we afford that much, I mean, 550k for a 2 bedroom, from the price I see everyday, it's not even the priciest units. It's depressing, literally. I work like a fucking dog every fucking day, I'm far from the lowest paid here, and even in my situation it seems unrealistic and almost impossible to be owner one day. How tf did we ended up here ? The economy and this country are sick.

@andresvidoza

5 ай бұрын

The economy makes absolutely no sense. I really really really feel for you. Honestly I have to help my parents pay their house for this year so they can at least start saving up some money. Nothing makes sense anymore. The housing market needs to crash.

@KG-rc3hu

5 ай бұрын

If you’re making that much that young in your career and paying so little in rent, you should be able to save up for a huge downpayment in no time. Keep saving and hopefully the market in Montreal with stabilize, hopefully in the next few years

@kamranurrahman6434

4 ай бұрын

I’m literally in the same boat @sneyek 130k-145k plus wife at 55k and still struggling to find a livable place that isn’t past saint Jerome or Boucherville - not just real estate market in Montreal but general cost of living have gone up way to much in recent years

@Leukick

4 ай бұрын

@@andresvidoza All deliberately done by those who control this world. They're trying to push things so no one owns anything, and they literally expect us to "be happy" about it.

@pratibhaverma9176

4 ай бұрын

the only advise I can give you to do a downpayment even its 5 % and own a home. I moved to Canada a few years ago, single and bought a condo. You guys have two incomes!!! I had only one.

In the U.S., housing market has gone through the roof to where me, my partner, and 2 of my buds are sharing a house. It truly discourages anyone, at least in 2024, to buy a house anymore. Hopefully, when the housing bubble bursts, I can come back to this vid whenever me and my partner are able to afford buying a home in the future! Either way, an amazing vid Andres!

@andresvidoza

5 ай бұрын

dude its so wack the market. It just makes no sense anymore. I wish you all the best man I think everyone is waiting for this bubble to finally burst!

@meetseth3

5 ай бұрын

It wont. The bubble will never burst. Even if it does, it'll be very small@@andresvidoza

Congratulations on the channel success! These numbers are insane. Costs are through the roof.

Want tech stuff? Want a sports car? Want a house? Andres has videos for everything ! You're doing a great job brother ! 🔥Can't wait to see the new ride though !🤙

What a beautiful detailed breakdown of the how to purchase a home, and kudos to you and your family man from humble beginnings to living your best life actually living your dream its really amazing, im inspired

THANK YOU so much for your transparency !! i love when content creators reveal behind the curtain and give us the raw numbers data

@andresvidoza

4 ай бұрын

my pleasure!!

This is such valuable information for young people navigating the housing market. It's tough out there, but your tips are so helpful for anyone considering buying. Love the practical advice!

Just chilling in the couch listening great content, i’m already waiting to the next sunday🔥

Fam always dropping so many dope content I always enjoy these 😌

Renting is fine if you are young and are uncertain what you want to do in life or where it will take you. I rented for about 1.5 decades before putting down roots in a very nice small town in the middle of nowhere. If I want to do things in a larger town, those towns are just an interstate trip away.

@Sneyek

5 ай бұрын

The problem with renting nowadays is that it cost way too much. 2k, 2.5k for a 2 bedroom unit in Montreal ?? How people are supposed to save money, even on a 15 years period to be able to afford down payment ? ^^'

@mllarson

5 ай бұрын

@@Sneyek You don't have to live in a big city. There is the option of living in a smaller area and working remotely. Not every profession is able to do that, but if you can, why not consider it? Also, in a smaller town, you might get paid less, but your expenses can also be less. Really it depends on your tolerance of cost vs. convenience.

@konstantinu8808

5 ай бұрын

@@Sneyek Idk… it all comes different in comparison. Eg I live on Balkans where I pay about $1400 for a decent 2br in a city center including a parking lot and utilities. But my income is about 70% of a similar position in Toronto or Vancouver. And then you have SF where you can make 2.5x more but will pay $4k+ for a 2br. Honestly, 2-2.5k for a 2br in Montreal doesn’t sound that bad at all.

@Sneyek

5 ай бұрын

My previous job was 100% remote. My next one will be 100% on site. Same job, just a bit more management. I work in VFX as a developer, so literraly 100% behind a screen. But a lot of companies don't want remote. It's already hard to get a job, especially nowaday (in VFX for what I know). If I move out of the city, what I want like crazy, I would have to refuse ~50/60% jobs. In my situation, it usually mean no job and no more work permit, so I would lose my wife. (-> We would find a solution, but it mean she also leave her job and we lose everything we built together).@@mllarson

@Sneyek

5 ай бұрын

Well, it really is, as the income did not increase. Or just a bit. For instance, we were looking for a new condo 2 years ago, one we like was 1600CAD. We did not take it, one year later ? 2200CAD. Now it's like 2500CAD. If the price is not the problem, the speed at which the cost increase is.@@konstantinu8808

Thanks for the knowledge of buying some really do realize what goes into the process even though your in your area its the same in Dallas so basically people do your research and number crunching GREAT VIDEO AND THANKS FOR THE INSIGHT!!

Much wisdom and also great information Andres! Thank you for this amazing video! You still risk things in life and enjoy it the most, thats inspiring!

Dave Ramsey would go crazy about you buying a condo with your girlfriend, not a wife 😂

@andresvidoza

5 ай бұрын

lmfao been with here for 10+ years so gf/wife is just a label at this point

@a.artush

5 ай бұрын

@@andresvidozaVideo is great tho, love your content!

Thank you for this video! I think there is definitely a split in viewpoint of living affordability between older and younger generations, and having this video to refer them to is great! I live in the SF Bay Area, and most of my coworkers either commute from 45+ min one way and live with a roommate, or live much closer but have 3+ roommates, and our pay is by our job standards pretty decent. And yet, we cannot afford to live independently and it truly makes for a demotivating environment, and has me considering a move to another country where cost of living is better regulated.

I look forward to your vlogs and shevon's, literally telling your life story through tech.

needed this mann, thanks!!

Love this video Andres! I’m personally looking to buy in the next 1-2 years and I haven’t seen a video like this one!🔥 Thanks for painting an accurate picture😊

Such a nice pace and well-explained video bro, Gracias!

Great taste and congrats for a new home!

Location plays a huge factor, where 6 figures can mean more to you. For what you got your condo, you can buy a 3 car garage home in Utah (4000+ sq/ft). I understand this video is about buying in your 20's, but my point I am pointing out is location really matters. To the younger generation, take care of your credit score! Check different cities in your state, some offer USDA loans where no down payment is required for a home if you make less than $110,000 yearly, pretty neat. Interest rates are high, but don't let that stop you from buying if you can, interest rates will drop and you can refinance to get that better interest rate. Thanks for the great video Andres. Go Ferrari haha

@mllarson

5 ай бұрын

I used a USDA loan to get a nice house in a small town. It costs more in the long run since no money down, but it's a legit option if you can't (or don't want to) put down a large lump sum as a down payment.

@Siscast

5 ай бұрын

remember, you can ONLY refinance in the future if you have equity. If you buy out of your means now, you won't even be able to refinance later.

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

Oh my God finally drop another banger be blessed

Another great video! I love how diverse your content is! 🤜🏻🤛🏻

@andresvidoza

5 ай бұрын

Much love fr!

I went through the same process in 2022 here in Montreal! Ta tout dit.. it’s crazy but hey thankful forever !! Great video !!

How can your videos be so entertaining and also informative !!!!!!

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

Thanks for this man, thinking of buying a propriety next year with my gf in Montreal but man, all thee extra fees, we have to budget more and more. Thanks for sharing and explaining everything so well!

Love this!! Thank you so much for sharing!!

Andres have a way different way to express his toughts and its aways something very smart and deep on the details.

Every video is very professional and interesting! Keep going that way, Andres!

@andresvidoza

3 ай бұрын

Thank you so much!

Your videos and style are super inspiring, thank you, my fav 👏🏻

@andresvidoza

5 ай бұрын

I appreciate it a loooot!

Great vid bro 🤩

Huge inspiration to us all hermano!!

This was so well put together and also so helpful. Thank you so much

@andresvidoza

5 ай бұрын

Thank you !!

Loved this video. I’m 22 and study full time along with working full time. I graduate this December and looking at the housing market has been stressing me out. I really really want to buy but the payments look ridiculous.

Hope you recovered brother ❤nice vid

Proud of you my boyy

love your content

An eye opener my Brother indeed..most appreciated

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

Damn I wasn't expecting stuff to be this expensive. I guess I gotta put more money in the piggy bank

You got a pretty good deal for a 2br and 2 baths (AND 2 parking) tbh! When I first saw your condo I thought you were around 600-650k

@andresvidoza

5 ай бұрын

even tho its still pretty pricey, its actually not bad compared to what the market has to offer. Specially in places like Toronto or Vancouver lol

@Gen035

5 ай бұрын

@@andresvidoza oh it would be close to 1m in Vancouver for sure, I'm in Montreal too, but I bought pre-pandemic, phew.

great content🎉

great video bro🔥💯...

Appreciate the transparency! Renting isn’t too bad in the end lol

Thank you ❤

Wow! Btw thanks and it might be helpful for future:)

Nice Video, I really want to know which Mic do you use when you sit on your table around minute 3 :) thx and greetings

Yooo what happened to your leg, hope you have a speedy recovery bro!

Really interested in your wall art, Id love to know where you got it from especially the f1 stuff

I LOVE THE DINING TABLE AND CHAIRS WHERE ARE THEY FROM?

I went through a very similar process last December here in Brazil. It was an older unit on a way simpler condo but still, down payment, bank insurance and fees, property transfer tax and notary fees made up a big amount to pay on day 0. It is surely a huge initial wall anyone in their 20s have to overcome. It’s sad how hard it is to own one’s home. And that seems to be worldwide.

@andresvidoza

5 ай бұрын

its so crazy... what once seemed so possible has now become very very close to impossible

Stuff is way too pricey these days. When you see Americans packing up and moving to so-called "third world countries" because they can't handle the costs back home, you know things are seriously going south.

@muazunais2378

5 ай бұрын

I would stop calling developing countries " 3rd world " when most so called 3rd world countries offer peace, comfort and safety than any developed countries ever do, sure they don't have ur usual star bucks or mc donalds but trust me they do offer better than any of that stuff. Go visit countries like Sri lanka, Indonesia (bali), Malaysia and see the truth for urself

@theboysammyjay

5 ай бұрын

Earn more 😢

@andresvidoza

5 ай бұрын

right ? doesnt make sense anymore

@rickystafford7433

5 ай бұрын

Who doin dat? Still better to earn in the US or if you can take your job with you I could see living overseas

@rezzo_6fn659

5 ай бұрын

Facts. I’m trying to get into tech so I can move out of this country

You are the best

with a fixed payment variable rate, you’re in a perpetual loop paying interest accrued as opposed to the principal

I'm 28 and lost my job now living with my grandmother ....

Great video! I was lucky enough to buy a condo in 2023 in Toronto. One thing to note is the land transfer tax + developer fees are insane in Toronto. I paid like 20k extra just for the developer fee and the land transfer tax is double in Toronto than it is other cities in the GTA. I wish I bought in Montreal 😂

@andresvidoza

5 ай бұрын

oh my god haha. Yeah dude Toronto is on another level haha I feel like I got a crazy deal at my price with Toronto prices

Andreas video is good as always but still want to ask that can you make a video on proper guide from moving & settling down into CANADA? If possible, then please, try.

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

In may country you can buy / build a house for 50k for 2 bedrooms up to 100k for 3 or 4 bedrooms , but the salary of a good paying worker is around 5k per year , and it sucks man 😢

The best

is montreal a nice city or toronto which one will u prefer?

How have I been watching all this time without knowing you were in Montreal 😂

Could you make a video going to a beautiful place in Canada or to see the northern lights? It would be amazing😣

Hi how are you Andres....get well soon..

Where did you get the F1 graphics from?

$500,000k is alot for a condo. Imagine the condo fees ontop of your monthly mortgage.

@andresvidoza

4 ай бұрын

yup and I consider myself lucky not living in Toronto or Vancouver cause the prices there are double

God knows how many times I have tried to travel to these countries. Great video though (again)

Review the samsung fold!

Thank God….❤

Damn, I might just have to move from Toronto to Montreal - that price is crazy cheap

Yo Andre, can you set up a forum where we can ask you for advice???

You gonna do a pulse elite review, seen it in the video 👀

Uhhh I love condo videos👌👍💪

Picking up the notary is up to the seller not the buyer, it has nothing to do with buying used or new. Renting an appartment is not smarter, it's just a bit cheaper on the spot. The landlord includes the prices of the taxes and other stuff if the price you pay for your lease, so it's an illusion if you think that renting you don't pay them.

Man I wish I could have been in this video to show it from the US side of things and buying a home in the suburbs lol.

This is an awsome vid. Question tho, with what you paid in total for your condo do you really feel that it was worth it value wise compared to getting an entire single family home? I don’t live in Montreal so maybe idk but for me, 500k gets you a big single family home here in the east coast in the US, that’s what we paid.

@andresvidoza

5 ай бұрын

urg its a tough say to be honest. I really want a house however im not ready to shed the money on a house and also the amount of time it takes to maintain a house... it just depends where you are in your life I guess!

Man this video coincidently came at the perfect time as im looking to buy a house, just in the U.S. love all your videos and thank you as always bro. Much love and respect!

@andresvidoza

5 ай бұрын

much love!! Good luck fr! All the best

Bro samsung s24 video review

nice video bro

@andresvidoza

5 ай бұрын

Thank you so much!

What state is this in???

Yeah, I can't even finish the video. Rates are terribly high. In the 90s, you could buy a condo for 30 to 60k, and monthly payments were low, low, low. Now, no one can afford to buy anything. Even renting an apartment is costly.

@andresvidoza

5 ай бұрын

yupp I dont blame you for not finishing video lol. When I was editing it and adding up the costs I was like: wt**

@yamatocoaching7864

5 ай бұрын

@@andresvidoza what are we suppose to do? I thought people were weird living in vans.. But it seams.. That's the only option.

Hello

wow, this is amazing. you pay more than 3k bucks per month for the house and i earn 1.2k bucks. how different things are in italy.

@andresvidoza

5 ай бұрын

sooo crazy lol

Fun video, but definitely should have marked it for Canada

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

*Cries in GTA pricing*

@andresvidoza

5 ай бұрын

I can only imagine GTA and Toronto or Vancouver lol

What sofa is that? Looks comfy af

@andresvidoza

5 ай бұрын

idk haha it was a gift but its called a cloud sofa!

😊

wow that was long commercial

Весьма интересно

Buying an apartment is crazy🥲 condo/apartment same thing because it’s not really your own. Now I support you always bro I love your videos so I mean no disrespect by this but you probably should have just rented or took a loan and bought a house.

Is it feasible to purchase a condo in Cash?

@andresvidoza

5 ай бұрын

I mean if you have a loooooooot of money yeah I guess

18:30 Brasil ❤🇧🇷🇧🇷😍

Wow I just got a headache listening to all that mortgage talk! I think I will stick to renting!

@andresvidoza

5 ай бұрын

eh oui... its a headache

Fantastic and depressing video, thank you 😢

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

Unfortunately, renting is now the new household definition considering the absurd price gouging of real estate.

Whats crazy is i live next door to you, and i have no idea. I’m in 8th building. Seems you’re in the 10th. I knew I saw your car around…

@andresvidoza

5 ай бұрын

hahah thats wild!

Mannnn..how r u?

@andresvidoza

5 ай бұрын

doing better brother!!

Well do not ever think to move in Greece, I'm paying 50$ for 24 mbps, and I'm getting only 7, my wage is 700$ the electricity bill is 200-300$, every second month, my rent for a 700 sqft is 450$, the water bill is about 100$ and some other taxes about 200$ every single month. Don't ask I don't know who I still live 🤣😔

@Sir_AndresVidoza-on-te.legram

5 ай бұрын

Sir_Andres Vidoza

!!!

ayo blud how ur leg

@andresvidoza

5 ай бұрын

so much better thank you for asking!!

Best advice, be rich already 🤣