Unlock Homeownership: 3 Simple Steps (You Should Do #1 TODAY) | First Time Homebuyer Tips
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- Опубліковано 29 вер 2024
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Ready to Buy Your First House? Watch these videos & Visit my playlists!
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⭐ Most Important People in the Home Buying Process - • Home Buying Process - ...
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⭐New Construction - • First Time Buyer New C...
⭐FHA or Conventional - • Which is better FHA or...
⭐Buying a House with Student Loans - • Buying a House with St...
⭐7 Day Perfect Credit Plan - • My ONE WEEK PLAN - How...
⭐Can you afford a house: DTI Ratio - • How Much Home Can I Af...
⭐What happens at closing - • What Happens During a ...
⭐NACA Home Buying Program - • NACA | NACA Program | ...
⭐Should I Rent or Buy? - • Should I BUY a HOUSE O...
⭐ Get Your Real Estate License Online- • How to Get Your Real E...
⭐⭐PLAYLISTS - / shaheedahhillrealestate
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Shaheeda, i had fill application for a fiancé company call Capitol finance they charge 65 dollars for a credit report. I got pre approve for 342.00. I sign a contart with an agent for a new construction. But come to find out she said price was wrong it was 364.000 and also said house was sold after I feel out contract. I was very dissatisfied. Can I trust this agent?? I was going to pay 3.5 FHA LOAN for down payment and seller was going to pay 10.000 incentive. But I still had to pay more closing? Please give me adice can I trust her?
In NM, all that is required is a one-time zoom class of Home buyers education and one qualifies for a $20k down payment assistance. 😊
I would like to know how do I buy a foreclosed home? What is the pros and cons of buying a home in foreclosed? What is a REO foreclosed home?
Your credit union financial adviser can do a Soft Pull of your credit history. Does not effect your credit. I just did it. Awesome!
Thanks for watching and sharing.
Yes! Speaking with a lender first to see where you are credit wise helps a lot . That’s what I did and now I’m working on my credit so that I can buy a home next year 2024
Thanks for watching!
I’m credit rich and money poor, my FICO is over 800 and I have over 5k in my 401k towards my home. Is that acceptable to start looking? I will be using a first time homebuyers program in New Mexico…
is money in my 401k enough to satisfy having reserves for emergency mortgage payments vs having it in savings?
You don't have to have any money saved to get approved but you will have to have the money by closing. I would not wipe out my 401K to buy, but you can look into DPA programs in your state and save some additional money - Watch this video: ua-cam.com/users/livecpewL4OlpjQ?feature=share
1200 car payment what they got a bentley?
🤔I should have asked, thanks for watching.
Lml right i have a jeep wrangler 4 doors and my payment is 246.49
She has a high APR, I work in finance and see it almost every day smh. People sign contracts and really don't understand the terms.
Wow...crazy
Hello Mrs Hill!! New student in class!! Really sad I missed this live. Hope you do 1 again soon!!
Welcome, please turn on notifications so you will get an alert when I go live again. Thank you for watching the replay.
Watching you from Bolingbrook, Illinois
Me too!
Welcome, thanks for watching the replay.
@@ShaheedahHill absolutely!
I didn’t get no points off my score when I had my bank check what I qualified for I think may maybe 1 point if any
That is good to know. So many first time buyers have this fear.
Why do they keep raising the interest rates sis?
To get the inflation down. People are shopping too much which means that the demand for things are high. Which means everything is high because of the demand.
@Doneesha is correct. They want to reduce demand to bring prices down. Here is a more detailed video on rates - ua-cam.com/video/lNeTZg3nXbE/v-deo.html
@@ShaheedahHill thanks when do you think the prices will go down?
@@ShaheedahHill But is not working because people are still buying 😢
@@truckerkev7067 Unfortunately, no one can predict that.
Hello Mrs Hill I have a question? Can I get down payment assistance & closing cost for a CO-OP? Thanks,
Possibly, it would depend on your state and the program you are trying to use.
@@ShaheedahHill Okay I'll find out, Thanks
😂At this point I think I have watched so many of your pre recorded lives… Whewwwww you are so knowledgeable and upfront about pros and cons… I learn so much from you (I’m sure you get that all the time )… now to watch the Veterans Day episode😂… Thank youuuuuuu!!!
Wow, thank you for watching the LIVE replays. Hopefully you can join me live this month😊
Atlanta
Notes:
1. Get pre-approved
Credit report is 0-3pts
Got to credit union or
bank
2. Save 7% of your salary or do the math to find out how much you need to put down.
3. Research to find out what down payment programs are available in your state.
Girl, you are a Saint! I really appreciate your expertise.
Thank you Dr. MiMi
Great notes! But I believe it’s 7% of intended home purchase or loan amount. $100,000 home would be at least $7,000 saved. I think…
@@missrachelrue Right
Love listing to you Shaheedah way over here in California!! You are a wealth of knowledge and I’ve truly learned so much from listening to you and look forward to your lives.
Thank you so much Sara!
It's hard out here for single people with one income🥺
Yes it is hard but it's still possible. I'm single and still pre-approved for a mortgage loan, be encouraged.
@@chimmyj291 Yes it is possible. I was pre-approved as well but not for the amount I need/want. It's hard to get approved for a decent amount of house when on one income, and that income is below 60k. I guess that's what I meant to say lol. But I'm looking for ways to earn additional income. Thanks for the encouragement!🤗
I'm single also. Got three pre-approvals. All with different rates
Yes, it is more difficult. Be encourgaged set the goal of homeownership and make it happen😊
ua-cam.com/video/W9PEaSvFxiQ/v-deo.html
Get a huaband! Lol
Hi, my landlord has out an eviction on my nabe even though I paid my rent, and it was late but, I paid it up and she seemed to be vindictive even with the sheriff standing there telling her she is wrong and shouldn’t enforce the eviction. Several other issues now are posed and my daughter and I have been force to live at a hotel and can’t apply for a new place to live. How will this affect my trying to get a home of our own because, we stayed at this place to try to show we were close to having a down payment to put down on a home, but because of the eviction we had to use that money to stay off the street. Any help or advice, shaheedah? Patricia and Kamryn, we love you desire to help others, thank you!
Patricia and Kamryn, were from Philadelphia, PA
An eviction will hurt your credit for sure, is the eviction definitely on your credit? If it is you can try to dispute it and hope that your landlord does not respond. If it stays on there, begin to pay your bills on-time and your credit will rebound overtime. @patricialmoore558 Thank you for watching
Obtain loan estimate at time of pre approval 🤔✍🏾
@The_Dancelegz_Experience Thank you for watching
I love that you always address (a hit to the credit) has to happen and that “fear” stops you from moving towards pre - approval🙌🏾
Yes, this is a big one that stops a lot of people.
When you see a $1200 car payment and I was renting for 880 in 2019 car market is ridiculous 🤣
How Old Is To Old To Buy A Home.
I don't think there is a set age, I did this video about buying in retirement. ua-cam.com/video/rgSryomdyz0/v-deo.html
You are so helpful and informative. I believe I have an unique situation. Is there a way to speak with you or message for assistance?
You can join my FB group and post it there - facebook.com/groups/HillsFirstTimeBuyers/
🎉🎉🎉🎉😊
I sold my leased vehicle and my credit score went up. Should I apply for a mortgage before purchasing a new car?
Mortgage first, buying a car will increase your DTI ratio.
at what point do I do a dpa assist app ?? do I do it before I get an approval letter or before??
Depend on the program you are thinking of using - I address that in this video - ua-cam.com/video/ptC3T3ro5v8/v-deo.html
I once refinanced my vehicle in order to get decreased payments. It was very easy and worth it.
Thanks for sharing
Sacramento, Ca
If it impacted your credit can I dispute anything
Good evening shaheedah , thanks for all the info. I am looking to buy a house in California. I haven't done anything yet , should I try to get pre approved first? And if yes, is it better to try get a loan with the bank or another lender to get the first time home buyer assistance?
It depends on how soon you want to buy, I would be researching DPA programs in my state as well as getting approved to see where I stand. Thank you for watching. I have an entire DPA playlist...watch the FAQ video.
Thank you so much for responding to my message. I really appreciate everything you do to educate us
Oohh! I didn't realize I missed it ☹️ I need to turn notifications on.
Please do, I will be LIVE at least 1 or 2 more times in March. Thanks for watching the replay.
Shaheeda what is your opinion on purchasing a home via a delinquent tax deed? I'm thinking of purchasing my deceased grandmother's home this way. It would only be a $6k investment for me.
It is good, but the heirs will still have time to pay off the tax lien in most states to regain the property. So worse case you gain some interest, best case you will own th ehome in the future.
Watching you from Fort Wayne Indiana
Thank you Debbie!
Watching you from Bossier City Louisiana I am 67 and retired no saving can I buy a home
My Family is from your home town Shreveport Louisiana and bossier
The only way your gonna get 100,000$ house is a modular home which I’m not discrediting them there are some beautiful modular homes but some are as expensive as a regular home and the problem is is finding a place to put it if u don’t have land of ur own looking for zoning areas ect. And now it’s so hard to get anything because everything is so high especially up north and the south is gettin crazy too but u do get more bang for your buck
You definitely have taught me a lot I really appreciate your videos ❤
Yes, you can but you will have to try to save some money and likly get some down payment assistance in your area.
When during the home buying process, should we mention the first-time homebuyers assistance program? When we are getting approved by the lender or apply before you go see a lender for pre-approval?
It depends, this video will help explain ua-cam.com/video/ptC3T3ro5v8/v-deo.html
These are great tips.
Glad it was helpful!
Mrs Hill, Would there be any other options in Homeownership besides traditional home? Less maintenance? Thanks
Condos, townhomes, tiny homes?
@@ShaheedahHill Okay & Thanks again. 🙂
Milwaukee WI
Compton
Thank you for all your help with this process ❤
Happy to help!
THANK YOU!!!!!!!!☺️😍👍🏾👍🏾
You are so welcome
N. California
Thanks for joining me!
😊 Jacksonville Florida
Me too 😊
Welcome, thanks for watching the replay.
Raleigh, NC
Thanks so much for watching.
When you do a USDA loan with no down payment will your house note be hire ?
It may be higher since you are borrowing more money than if you used a loan that required a down payment. But interest rates matter as well. You can compare USDA to FHA and conventional options.
Thank you so much, you are a wealth of knowledge. 🙂