Buying a House? | DON'T Make These 6 Common MISTAKES!

Whether you are a first-time home buyer or have been through the process before, there are pitfalls you'll want to avoid to save time and money when buying a home. In this video, we will review common mistakes home buyers make and how to avoid them in the US real estate market.
Timeline:
00:00 - Intro
00:00 - Down Payment
01:57 - Emergency Fund
02:34 - Out of your budget
04:23 - Debt-To-Income Ratio
07:43 - Not Understanding All Costs Involved With Homeownership
10:01 - Not Thinking Of Resale Value
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Пікірлер: 8

  • @katrinreal
    @katrinrealАй бұрын

    GET THE COST OF LIVING EXCEL SPREADSHEET: mailchi.mp/f961f225affc/cost-of-living-excel-spreadsheet USE THE DEBT-TO-INCOME RATIO CALCULATOR: www.ramseysolutions.com/debt/debt-to-income-ratio-calculator

  • @cindyonyoutube
    @cindyonyoutubeАй бұрын

    Very helpful, as always!

  • @katrinreal

    @katrinreal

    Ай бұрын

    Thank you Cindy for watching …

  • @pc3666
    @pc3666Ай бұрын

    Another great video, thank you!

  • @katrinreal

    @katrinreal

    Ай бұрын

    Thank you for stopping in :).

  • @momof4121
    @momof4121Ай бұрын

    Most Americans don’t have money saved up😔 we are living paycheck to paycheck for anyone making less than 150k in large metro areas we are poor but we can’t continue to rent

  • @maddierosemusic
    @maddierosemusicАй бұрын

    I think a realtor should not be showing homes to people who can not qualify for them. The realtor should know the financial situation of the buyer. In Virginia, commonly you have to show your bank statements / proof of funds or they won't even accept your offer and waste everyone's time. Perhaps the thing which could be a problem is will the house appraise? Maybe sellers should pay for an appraisal just so they have that knowledge as well. Another reason cash is king.

  • @katrinreal

    @katrinreal

    Ай бұрын

    I believe most realtors know the financial situation of a buyer. In the past though, a buyer may have previously been allowed to attend a few home showings without a pre-approval letter.