Kamala Harris proposing $25k down payment assistance for first time homebuyers
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- Опубліковано 17 лис 2024
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TRUST ME, that's NOT for AMERICANS Benefit!!!
The $25k down payment credit for first-generation home owners sounds like an immigrant subsidy.
Exactly
AND IT IS!!!! The first thing I said
I didn't think about that...
@@tinamathews7139 That's because all the sources that are reporting this 'grant' are confusing the wording. They keep saying "First time homebuyers"
not "First Generation homebuyers"
This dude doesn't care. He just wants the bag
25 to put more debt to the usa. shes a clown
That 25k is 🧢…It will only increase housing prices. Instead of 400k, the seller will up the price to 428k
Exactly a lot of people don't know that there is still a lot of red tape with those government programs
Doesn't matter, housing prices will increase year over year anyway with or without government assistance. Supply is down, and demand remains high. Until NIMBYs release their stranglehold on local politicans to keep their house values inflated, we're fcked.
I am in Charlotte, by way of The Bronx. All that’s being built here are apartments. I honestly think that’s being done purposely (and I am a homeowner).
You want to hear something “scary”. In FL I read they are building subdivisions and all the homes in that subdivision are for rent only.
@@inblackamericaradio5409we have that here as well. Homes or townhome communities being built that are lease only.
I’m from Charlotte also. You can get a USDA loan (if you qualify) and build in Matthews,Indian Trail,Huntersville,Stallings etc. you’ll have to look up the map of where to build for USDA loan ❤ Contact them ASAP❤
I agree. Same here in the Dallas area as well nothing but apartments and houses for lease.
This will only drive inflation.
It’s a “campaign promise” and we should know that it it has a sno-cone’s chance in hell of approval. Besides…if it does it’ll benefit the banks way more than home buyers. Are we learning anything yet??
I am sitting in a paid for home right now that I OWN and was able to get with a similar local subsidy years ago. Some of us DO win with government support.
@ChiChi-r4o In an effort to not sound cliche…it’s whatever I say it is. It still won’t pass a majority republican house or senate Captain Obvious.
I wouldn’t hold my breathe ! Is this a a kin to the 😂student loan forgiveness debt
So true lol
I don't know about you but I know several people that have gotten their student loans forgiven. It's work but they got it done.
bidens tried to do as much as he can on it. republicans keep taking it to court and blocking it
@@itsmebedazzle I know several ppl who didn’t get their student loan forgiven and none of us are voting for Kamala either….facts all day! Demon rats are known for doing nothing productive, I have to always call on Rep. Thom Tillis bcos demon rats will never return your phone call!
Right
for anyone who is wondering how this will be paid for reading the fine print this goes into effect if she gets in office. but how they are paying for this is if you own a house property land etc if you go to sell that property 40 something almost 50% of what what you would make when you sell whatever you have to sell GOES BACK TO THE GOVT. so example make $100000 on a house you split that with the govt and they get $50000 of your money
Pass this as fast as they give our tax paying money to other countries
Who is this supposed to benefit? If you can’t afford to put money down on a home, that 25k won’t do anything more than prolong your future foreclosure 😂😂😂.
Facts straight Facts
Use your head. There are some smart people who DO have a significant amount saved already, but just need a little bit more to get them over the top and seal the deal. Not everybody is broke broke.
@@karimbennett5651 what happens when property taxes go up and the mortgage amount goes up? Who they gonna get to get them over that top? If you’re a property owner then please explain that one? What Kamala is proposing will cause another housing bubble. What she is proposing will have some homeowners upside down and stuck in a worthless home. You right though, use your head.
Not true, if they start paying people more and stop raising prices for everything people can actually save.
Exactly… just setting up people to fail ! 🇺🇸 Trump 2024
Some of you guys need to understand that they already have down payment assistance program, you just not take advantage of it because it's mostly offered immigrants but they already have this program this is nothing new it's just most of you guys don't understand that it's out there.
About to purchase my 1st home with 72k in saving 792 credit score choose naca cuz I like what they offer. Someone sent your video to me happy to subscribe tuning in from Boston MA
I remember Joe was proposing that also. I don’t believe it ever materialized.
Most of her proposals will need cooperation from Congress..so you need to vote down “D” the ballot..control the senate and control what you need and want! Unfortunately folks think its the President who makes decisions! NO! the future President needs HER party in formation..And if you make your money taxes wont be the conversation..it will be how to invest even more into this housing market!
It's already there. But when you have a housing market that is being bought out by Berkshire and black rock you're in trouble.
People listen dont let anyone encourage you to buy a house if you can not afford a house..please dont do that to yourself..dont get scam about some American dream crap🤷...
Didn't Joe Bidan promise a $25,000 down payment assistance too??
Yes he sure did
Yes but many of you don't know it's already there. They already have down payment assistance for first-time home buyers. Who qualify
They should give money like they give to everyone else
The 5 P's proper, preparation prevents, poor, performance
Are you kidding me?!?! I scrimped & saved for a down payment. Why should anyone have $25K handed to them on a SILVER platter?!?! And, that's MY hard earned money she wants to give them!
No, the 25k down payment home assistance will be terrible especially in states like California where homes are unaffordable and expensive already. That will make sellers and builders happy, because they will raise up their home prices by at least 25k only 😢😢
Isn’t she in office now?
Right that’s what I thought lol she can do something now
Yes
She’s only a VP now. She has no such power as a VP.
she's running the country Joe Biden sleeps
@@karimbennett5651
Thank you. I’m getting ready
You don't need to get ready the program is already in place. And it's for first-time home buyers with two years of good rental history. You're not going to get that money it's going to go to the Immigrant program so I could always do. But there's already had first time home buyers FHA first time home buyers to give the same amount for the down payment
It’s for sure it’s for majority black Americans. Many of them are on welfare or make less than 50k a year. So her proposal is going to those who have good credit and make more than 150-300K a year.
I guess I have to educate you, since you won’t educate yourself. Rural areas in the U.S. often have a higher per capita use of government assistance programs compared to urban areas, primarily due to higher poverty rates and limited access to employment opportunities. You know who that refers to.
@@tf5655 what is the age of those who live in rural areas? I grew up in a rural area and let me tell you, majority are those welfare recipients are senior citizens. But to think that was substantial to refute my claim is absurd. Knowing that rural areas lack adequate healthcare, public education,public transportation, utilities, jobs,and infrastructure. This response Shows me how little you know about geographical locations and its disadvantages. Meanwhile, Majority of black americas live in metropolitan areas, with majority of the resources, and still are on unproductive assets AKA Welfare. In conclusion, Let’s not continue to be dimwitted and not present the prevailing facts about geographical Locations advantages and disadvantages when opposing an argument.
All Facts
@@MR.CHARACTER23Since it started more Whites have been on welfare
It's not even close
Complain after complain so if the government help it is wrong.If they dont its wrong.
This is something that has been proposed for a while. This isn’t a last minute idea but now it’s being talked about. I hope it happens.
I don’t believe this. As a vice president, she could do a lot for us now.
She can’t do any of this a a VP. VPs are not so empowered.
Please check the DETAILS on what’s meant by “SOME” first time homebuyers!!! She COULD be creating set asides for IMMIGRANTS!!! 😡😡😡😡😡
All facts
I'm 78 thinking of going to apartment living.If God forbid she wins my asking price will go up $25000
They proposed that in 2023 but bill never passed
We love OPM!!!
No thanks my vote is better conscious
If prices are already high in real estate and it’s unaffordable, who will buy at even higher prices?
Don’t like the plan because it raise taxes on landlords with taking tax credit away and a Cap on rent, And there is no such thing as Free money someone has to pay. And please don’t leave out you must qualify for a loan. what’s 25,000 when I live in California, the median home price is between $600-$1 million dollars.
If you need help making initial down payments - you CLEARLY do not have the ability to afford ongoing maintenance and upkeep. Its a wealth re-distribution gimmick.
Agree, mortgage lender will tell them come back once income & savings increases
BIG VIRGO ENERGY ♍️ gang 🤞🏾
Savings up and credit back in the 700s. Not missing this train!
Where can I find information about commercial property. Is that in the academy?
25k for free will only drive housing prices up and make inflation worse…
$25k ? To buy what ? A trailer ?
😂 No a tiny home 🏡
@PYTU knowing how government agencies work , regular hard working people would have to jump through gazillion hoops tp get that money after it's all done and finished you'd waste so much time energy and sanity you'd be in the hole $30k
@@PYTU@PYTU knowing how government agencies work , regular hard working people would have to jump through gazillion hoops tp get that money after it's all done and finished you'd waste so much time energy and sanity you'd be in the hole $30k
lol facts
This America nothing is free
Yes
Garbage, key word proposing, all talk. Plus w/ Inflation on the rise , job layoffs, no raises, who can afford a house in these times. 6-8% interest rates. 👌🏽
😂😂😂 That's not even enough for 1 studio in Denver for a yr. Yea she done
For those who steady have a significant amount save, it may be just enough to make a dream happen for them.
Then don’t take it…give yours to me…let’s write a letter 😁
Don’t they already give 25k through FHA?
How would you make the mortgage payments
But the banks dont want to give out heloc plz help
BIG VIRGO ENERGY🎉
Thanks
We already have that here in Tx this no new deal
YES
Like they say, all students loan will be forgiven. I rather go with the devil I know than the angel I don't
I thought this was for first generation immigrants only?
Big Virgo Energy ✊🏽
Who qualies for this $25k free money first-time home buyer? Not everyone.
Barely anyone if you read the qualifications. If your Parents ever owned a home you're out
yes
Proposing……😂
Make sure first that benefits are tied to vaccine mandates.😅
Sorry 3 years ago what happen
7-P 💯
Big Virgo Energy 💯🍾🎉💪🏿💪🏿💪🏿 09/09
Jeff Jaye Williams
Why wait she is VP? Biden remains president .oh wait we have to vote for her first
7 P’s
These comments are ridiculous. It's down payment ASSISTANCE to help people that don't have money for a down payment. Obama did something similar in his 1st term with $8000 back for 1st time home buyers...and trust we were happy for that 8k and it definitely helped...and the student loan forgiveness is happening despite the Repubs trying to block it. I got it and I know plenty of others who got it.
@@te3616 Obama offered $8k or 10% of the home purchase price tax credit. Kamala is proposing a 10k tax credit plus a 25K down payment assist. She's just another politician trying to buy votes with our tax dollar.
Exactly I got the down payment assistance when the starter home I bought was 150k now housing prices have nearly tripled in 10 years so this will help black people become home owners instead of generational renters
@@deehill919 I am not oppesed to help, but this i's pandering. A $25k down payment on a $400k mortgage at 5% interest does not make a dent in the monthly payment. The monthly payment is still over $2k a month and the homeowner "monthly savings" on their mortgage isn't even $150. This incentive is just to protect the banks if the homeowner defaults. When we bought our home in the early 90s we took advantage of a government program that required no down payment and helped subsidize our monthly payment until our income and equity in the home qualified us for a conventional loan. That program changed our lives and saved us money every month.
@@deehill919 It won't help us if we have family, parents and grandparents, that have owned homes before
@@monkishogun5394 From what I’ve heard you won’t qualify if your parents owned a home not grand parents aunts and uncles 😂 But that still helps out a lot of black people. I’m the first person in my immediate family to buy a house and that was 10 years ago when prices were reasonable so I’m for anything that helps increase black home ownership
Not my tax money 💰.. remember the housing crash ! No one can afford high interest and inflation. If you don’t want to be poor vote Trump 2024 🇺🇸
Listen…no matter what’s proposed or passed, most Americans will NEVER be Satisfied. We are so immersed in Negativity that we can’t see the forest through the trees. You have to have control of the House and Senate. Vote blue down ballot and see if she keeps her promise.
Big Virgo energy
Big Virgo Energy
They lie
Big ♍️ energy 😝
7p's
And its only for 1 million people lol
Dumb idea
I dislike when persons throw their degrees when we’re all trying to achieve. His or her achievements are celebrated by all, but have you used that degree to uplift your community?
High schooler here, is using that cardboard to create construction.
We’re in it to win. My opinion.
If this lady becomes President, you can kiss this country goodbye 👋
OPM
I don't care if its all lies trump is not an option
So you want 4 more years of Democrats?,ok
o p m
Yes
Big Virgo Energy