I thought when you buy a house? You work hard, and pay it off? That's how you're able to retire!

Jackie a lot of your information is incorrect I own a mortgage company offering these products and I’m happy to educate you better so your audience is properly informed. Reach out for clarification. The 80 % AMI piece only applies to the home possible version of this not HomeOne… also we are refinancing these loans with a subordination and not requiring the second to be paid back. To compare this to 2008 80/20 580 scree it score no income no asset loans is really sad and ignorant.

Hey Jackie , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?

Don't know how many bathrooms but re-piping an entire house could be $40k or so. Don't hire the "cheap" company or you will regret it.

I’ve made much money from investing in stock than the housing market. All thanks to Mrs Abby Cohen Joseph Services.

Lowering the property taxes leads to other problems like sacrificing schools, which have been under attack in Texas forever, seems like. The Texas miracle" evaporated due to poor State fiscal policy. Texas is generally terrible all-around.

Bungalow-style houses are terrible. And usually very old.

The 1970’s were different because wages rose to compensate for the higher prices. Thats not happening now. Today, we have competition from government spending and massive influx of immigration. We will see prices stay high and home get smaller and smaller for more money. Buying now will be a mistake in the long run.

They charge for beaches in MD too. I didn’t pay for the beach in CA so that makes sense 😂

Outside noise i noticeable in the evening more than in the day time.

I had buyer remorse years ago and it is not a good feeling.

I sold my house after my kids finished college to downsize. A young couple (in their early 30’s) with two toddlers bought it and took out a $720 mortgage!!!!!!!!!!!! I could not believe it.

If someone is still living in the home how can you spend any time there?

Look up fema .. you can find out if your home is in a flood zone

Great tips

They don't have HVAC....new one $25,000 K.....plumbing 15-25,000 , repairing walls and everything that was tear down for the HVAC ducts....5-8,000k , painting.......and you still have the same floor plane house that you hate .....making a new floor plan 50,000 easy , architectural plans , structural plans, city permits, waiting time , and the fact that you may not be able to live there ......$175,000 - 250,000....and 1 year in construction......you will find electrical problems , and may need a new 200-400 amp service, and rewire , plus additional outlets and switches as per code to pass your final city inspection ..!!! You don't like the house ...just SELL IT , it's not worth going the other way....!!!

The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire liquidity value to my stock portfolio?

Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

This is a DPA it’s nothing new. I used a DPA when buying my first home in 2017. I was not below 80% of the area median income, I was a first time homebuyer. Sorry love but this isn’t a new loan. 🤦🏽🤦🏽🤦🏽🤦🏽🤦🏽 It’s been around for a very long time. The second payment was not a ballon payment it was fixed. It was actually sad to see so many realtors and LOs that had no idea what a DPA is. I also had great credit just didn’t have the full down.

I would like to buy your home for 200k over what you asked for. I’m also happy to cough up 250k after my bank says I overpaid for it. Lastly, I don’t want a professional to make sure I’m not buying a junk house with issues (structural or otherwise). Sincerely, Mr. & Mrs. Jackass

You’ll be boating in Pompton Lakes alright, from your destroyed house after a major storm or sustained rainfall - half of those homes are in a flood zone! Nightmare. That’s why prices are lower. After Sandy, I will NEVER buy a house in a flood zone again.

I rented a house with a laundry chute, had kids never had an issue. If you're really nervous just silicone the door shut. No big fix or redo needed. I'd love an old farm house. The quality in how it's built is totally worth the cost of upgrading plumbing and electrical. Yes, some are still know & tube.

Four years ago, after doing my research, I was convinced to switch from real estate to alternate investments. I made an initial $1.3 million in 11 months. I'm glad I didn't wait

In what world are u living in?

SELLERS MARKET!!!! What part do you m..ns do not understand? St...p people with money. No empathy or sympathy for these id..ts. house prices, interest rates, stock prices, high inflation it is all high. So why in the right mind would you think it is a good time to buy a house?

The "100-Year Flood Event Level" is incorrect (and one of those Worst Named kinda names, especially for something that can seriously affect people's homes, property, even lives, and thus the cost of mitigating). It is NOT: "Every 100 years, *a* flood of this level could/might occur". (I mean, "might", sure.. where 'might' is doing a LOT of work..) It IS: The flood level which, for that area, has a 1% probability of occurring or being exceeded, during a year. 1) There is a >63% chance of a flood of that level (or higher) occurring one or more times within a 100-year period. 2) The aforementioned misconception might also lead people to believe flood level calculations are "good" for the next 100 years or something from when they were made, that they might not need to be revised for any reason before then..

New to your channel love the content !

People have always moved to Florida thinking they are coming to paradise. It's a fool's paradise.

Why would people ever put oil tanks in the ground? I have never seen this before but where I live the ground is all sand.

Whats your view on all the people from NJ flocking to NE Florida and buying high in this market

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

We plan on moving in a year or so, but now I am scared! Our house is great, but not suited for us anymore for several reasons. Quiet, calm, updated…ugh, I hate to get into trouble with another house!

Why use a split level ranch in the thumbnail? 😭

I had to brace myself for this video because I’m stuck here 😂😂😂 I’ve lived here in New Jersey my whole life, and I’m professionally licensed here, so 🤷‍♀️ I’m here to stay, at least for the foreseeable future until retirement when I will likely relocate to a place that has a lower cost of living. I love New Jersey, it’s my home. (I’m actually comforted by rude people 😂, feels unnatural to be around polite people when I travel out of state) But you’re 100% correct about all these downsides. New Jersey is not for the faint of heart.

I remember visiting the Hemingway house in Key West. For Florida residents, Hemingway was a famous writer. Do they even allow books in Florida now and would Hemingway be welcomed there? Or would he be considered woke?

With all this homelessness you would think a great market for tiny houses, but no zoning regulations won't let it happen.

Ouch, sorry to hear this!

FOMO is real

You are mispronouncing austin

My take is some people shouldn't be homeowners or don't do their homework. Probably cases of panic buying.

All of these people will be singing a totally different tune next year when their properties 3x in value once the fed cuts rates.

Our bank approved 150k loan on a 70k gross pay. Basically....... the ghetto.

Totally agree we move out from Florida. Florida is too expensive and the house insurance are too expensive

OMG! These stats at the end explain why 90% regret their home purchase. NEVER EVER buy a home sight unseen. NEVER! And not a moldy house! GEEZ! You also need to see and feel the neighborhood. You aren't buying just a house. The neighborhood matters, too!

If you don't want to end up on a episode of "Fear Thy Neighbor" to extra tike to get to know the area and your neighbors. People can be friendlt at first but their true colors come out down the road.

I've gotta tell you what a relief it is to hear that you know and can recommend realtors around the country. You're the only realtor I've heard of that has talked someone out of a bad house, and that really builds trust. If the market ever crashes and I can even consider looking in the general direction of a home, I might take you up on your offer for realtor recommendations

I think many people really believe they can live with percieved negatives. Noise outside that you find offensive (not everyone does) is one thing that you can't mitigate. If it truly bothers you...SELL! Life is too short and homes cost too much to have that kind of quality of life problem. You have learned something important about yourself and you won't make that mistake again. Consider any financial hit (if any) to be tuition in the School of Hard Knocks" :-)

I was. A.kid when my dad bought his house for 60 in los angeles . . The truth is marxist in our goverment artificially raised prices on everything makink it impossible to compete . Internationally. Much less get by in pur own country