10 Things You MUST Know Before Buying A House

Here are the 10 things that you must know before buying a house! Enjoy! Follow me on Instagram @RealJoshuaMayo

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*None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partner websites. The video is accurate as of the posting date but may not be accurate in the future.

[tashinatripp]

So I’m 21 and my husband is 23 and we had just been preapproved for a mortgage about three months ago and I have been head over heels about buying a house and looking nonstop and just wanting to go for it. My husband sent this video to me last night and I want to say thank you so much for making this video and explaining things because now it’s really making me pay attention and look into it before I just jump right in, potentially running into a bunch of those things in the process, without even knowing it. So, thank you!

[BenT]

I'm 15 but I want to be educated about these things now, thanks for the video man

[SpencerJohnsonOfficial]

It’s always so beneficial to learn from others experiences on top of your own. With a ton of new homeowners and people looking for their first house, this is super beneficial. Especially for me since I’ll be looking to get a house in the next couple of years. Thanks for the tips as always Joshua!

[anonymousanonymous_]

Another informative banga 🔥🔥🔥. Thanks Josh !

[Angell_Lee]

Wowowow Joshua, you're the man! Amazing presentation and the way you conveyed the information. Thank you!

[nrxdo]

i’m only 18 so tuned into my finances bc of this guy right here, hopefully i’ll be able to buy a home by 26 as well.

[johnprezioso]

One of your best pieces of content yet being that my family and I are in the market for our first home!! Thank you for the great info!

[daviddevlogger]

They are two primary chioces in life===To accept conditions as they exist, or to accept the responsibility for changing them🥺🥺❤️

[Testchannel_]

Thanks for the Tips. Keep up the good work!

[jrmccabe]

Great video, so good stuff to pay attention to, thanks for the knowledge

[ChristineBecker]

Super informative - especially in a year… will watch again! 😆

[gna]

This video was very helpful! Thank you for the tips

[rashodmasters]

What got me was the property taxes and escrow. I have a fixed rate but they reviewed my escrow account after a year and determined that I was under the projected amount, so they added the difference as installments to my mortgage 😞 I'll get ahead of it next year though

[shanikacorb]

I'm 31 hoping to be a first time home buyer in Canada. This video was excellent and easy to understand. We are looking for a new build home that atleast comes with the appliances and I never even thought about confirming if the home will come with the light fixtures. 🎉🎉🎉 thanks again for the video. Blessings to you and your family.

[USA-freedom]

Yes a home inspection is a MUST! And you hire the home inspector don't leave it to the realtor to suggest one, that person could be working in the realtors best interest not yours. Here's what's sorta of not mentioned. A home unlike renting is a continuous never ending money drain in one form or another much like owning a car, some maintenance and repairs are big some small all costing something. If you have a mortgage rate that is set the "rent" NEVER goes up. But insurance will ever so slightly increase year to year. And just like car insurance every 5 years or so shop for a new insurer. This can save you $100's of dollars in the first year of the new policy alone. Expect to see slight increases in property taxes from year to year. Avoid buying in a flood plain. Flood insurance can cost more than the home owners insurance. Here's the best part. This is YOUR castle you ARE the king, no one can ever evict you enter into it without you saying so. Lastly over the life of the home it will increase in value but your return will never match what you put into it over time. BUT in renting your return at best is your security deposit and NOT the house you paid for.... you receive NOTHING more in renting. I have now owned two houses over the past 30 years and can't ever imagine renting again.

[momentwithedna]

First time commenting, Am really blessed to come across this channel.My life is turning around because of your videos.pls keep up the good job.Pls Joshua, I want to set up you tube channel, Can u make a video to start up step by step?

[demonsouls]

Thanks. I'm looking to buy my first and I need all the info I can get

[knowlesdesigns]

This video was great and very helpful. Can you make a video on building a house? For people who are considering building their house instead of buying a house that is already built

[goooglechrome]

you motivate me... i honestly wanna be like you bruh

[timmeken]

Hey boss
I plan on purchasing my first investment property by the end of the yr
any advice ?