Sellers Mad Because Homebuyer Won't OVERPAY

#housingmarketcrash #realestate #housingmarket

CAMERA GEAR USED:

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[THEMARK]

If people had bought homes to actually be their home instead of using it as a "get rich quick scheme, " none of us would be in this situation regardless of these kinds of interest rates.

[Gudgurl]

Homes were never meant to make you wealthy. They were meant to provide stability and permanent housing. It was grandma’s house, it was never a business.

[jamesgullo]

It has gotten crazy. They accepted their property went up in value 3x in 5 years without a peep. Now things are correcting fast, they are screaming bloody murder because a buyer doesn't want to be left holding the bag.

[frederickvalencia]

During the pandemic. I work 7days a week. 90hrs. Making 16 dollars an hr. I was an essential worker... it's funny how yout lable important but get paid low. When everyone was at home buying homes and cars and ordering food... I paid off my debt. It's crazy how you feel like sh1t feeling your risking your life everyone living a good life... now I see people living check by check. I am living good. I now work 60hrs mon to Fri. 2 cars paid off and an extra 1.7k a month after all my expenses

[edmundj]

I'm glad I didn't went by FOMO. Thanks to channels like this I'm in a much better situation now before buying a house.

[EvySurvived]

My daughter almost bought a home....backed out last minute. The thieves almost got her

[jfree]

Buyers need to hold the line even after interest rates begin to drop.

[guzzitwin]

Learn from your mistakes, listen to Orlando, price is the important metric in home buying! Thanks Orlando 💯

[darrenmalone]

Keep showing restraint! The longer those houses stay on the market, the lower the asking prices will drop.

[BalmoralBaal]

"Buy it now or the deal is gone!" I walk away each time I hear that sentence!!

[marvinreyna]

Sellers, stay mad because there ain't no way I'm buying a home that's overpriced 🙅

[DressCode]

He FOMO'ed into buying that house BIG MISTAKE!

[justadadwholikesgaming]

He better rent that bad boy out . Losing 55 k is never the move .

[GigaChad_]

My neighbor bought the same floor plan as mine for 36% more than I paid recently. I couldn’t believe my house or an identical one could be worth that much when it hit the market at that price. I was proven wrong, it sold.

Now I suspect the buyer is regretting their decision, if not now, just wait till the new property tax bill comes in the mail…

[robertfrangie]

Orlando says “remember, i said it 3 years ago”😂😂😂

[chrisjecre]

I at least agree that you shouldn’t buy a house to only live there for a couple of years. It would have been better to just rent.

[godson]

Truth. I went around looking at houses in Arizona, and seen grossly overinflated homes. The percentage on those houses were exaggerated. Even on a 1950 home, they wanted half a million 😂 oh no baby, what you doing? 😂😂😂

[davidfinch]

Always take into account the financial interest of the person giving any advice on any topic.

[gingerjones]

2:05 There needs to be a class action lawsuit against NAR, especially for this homebuyer. NAR advised everyone to "date the rate, marry the house". That was single handedly the worst advice ever given. Now this buyer will lose money and NAR needs to be accountable for their actions.

[apilot]

I recall a study Dave Ramsey did about millionaires. They always look at the actual price of what they are buying, whether it's houses, cars, or whatever. Poor people try to figure out if they can make a monthly payment. That's why these people, poor people, get hung up on interest rates.