5 Mistakes to AVOID as a FIRST TIME HOME BUYER

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Are you a first time home buyer wondering about home buying mistakes to avoid? Are you just starting the home buying process looking for first time home buyer tips? In this video, we discuss first time home buying mistakes and mistakes to avoid when buying a house in the 2021 Housing Market.

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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty

#BuyingAHouse #Housing #FirstTimeHomeBuyer

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0:51 Trying to time the market.
2:18 Using up all money to purchase the home for down payment and closing costs.
3:23 Not thinking the purchase of property through. (Accounting for future lifestyle.)
4:25 Settling on the property. (Giving up major wants/non negotiable features.)
6:06 Not working with professional real estate agent or mortgage professional.

jenniferlego

Boomtown in Laughlin, Nevada & Bullhead City, AZ. just starting - If you’re intuitive, you’ll invest in commercial lots across the river from the casinos in Old Bullhead City. The jet ski entrepreneurs are starting to buy up all the commercial lots to become the biggest outfit for renting jet skies, etc. It’s a very profitable business. Why not buy what is left. They need storage room. Some of the better commercial lots have a building on it that you can even rent out. The city is planning to build a new commercial boat ramp by Earl’s Castle dinner on 1st street and Long Avenue. It will be a center place of activity. Find out who owns the property and offer to buy. Visit Mohave county assessor, click Mohave county, click real property parcel search, click on address and type in address you like. Public owner information shows.

arttagger

Have you done a video on President Bidens first time home buyer credit and is there a update on that program? Also with the possible recall in California there are a lot of potential new governors running promising to lower New home construction. Is that possible to see or is it mainly all talk?

stevenyeats

Biggest mistake. Paying attention to Social Media Real Estate experts - everyone’s in it for the money. So, focus on YOUR money and YOU make the decision.

viz

Any tips for first time owners during the first week and couple months to a year? I was wondering if you already had a video with that information.

cindyzuniga

This advice applies to everyone, especially people who don't have a lot to spend. Not just FTHB. Thanks! (:

itsmejerkface

Thanx for your vids, 1st time buyer here learning all i can to make the best choices. My fam will be relocating from OC Ca. to Wisconsin. 9 and 10 yr old kids so I was originally planning on moving this coming summer when school ends, boots on ground looking at area and finding a local real estate agt. in springtime. In my research I've noticed in "normal years" home prices dip in the winter. We will have enough saved for down, closing costs and some reserves by Feb & wifes job is now completly remote going forward. Should we be visiting the area/real estate agent and trying to get the purchase going earlier? Moving in the winter to N. midwest seems daunting but if the markets cheaper and escrow can take awhile maybe the right move?

BigJim

QUESTION..? I have probably 10k in credit card Dept, my fico score is 690. My total income is prob around 115k combined w my wife’s income. We both have reliable income and have been at our jobs a few years. Is there anything I should know as far what route to take getting approved on say a 100k home loan ??? Anything you could share to help us is much appreciated.

tedcasttv

The biggest mistake is buying a home now or in the last year. If you did. You got F$KED. Even if you have a 1.8% interest rate. If you overpaid for the house by 40% you got screwed. No matter how you try to justify it.

bullettethebulldiva

Vrau.bani.mej.ches, 990.billion., Lire, data, 23, feb, 2023,

sandorvarga