THe other thing when owning a home. Remember, there will be large costs that come out of nowhere. The air conditioning/heater/water softener/water heater goes, you have to pay to replace it. The roof will need to be replaced over time. The garage door breaks/you need to cut the grass or hire someone to do it. Over time, you might need to replace the carpeting/flooring. THose additional costs need to be factored in. With our house it seemed like every 6 months, here we go again. Something else would go wrong with the house; and our house is still fairly new compare to some other houses out there.
Haven’t even watched the episode yet but saw the title and squealed! I love the Orlando real estate episodes so much! I just closed and moved into my Orlando home this past weekend.
I really like Rhett, he's very personable, but wasn't there another man who was doing this show? Or maybe I just imagined it, I've been isolated way to long ;) .
His name was Eric Gross. Pete put out a scathing post about him on various social media channels. Basically Pete said that he is NOT AFFILIATED with Eric anymore. It’s unclear what happened. Eric broke off from the Dis and created his own Facebook group called Magical Moves.
If you dont have 20% down, super low DTI and 800 credit score, you probably are not getting a loan right now. Rent for the next 2/3 years and get a huge discount off of todays inflated prices. Don't run in to buy the house, walk.
ohplezz i don’t know who you get your information for but most lenders are still doing normal FHA’s with 620 fico or above and 3.5 percent down. The only banks doing what you mentioned are banks like chase and Bank of America, but you should never get a loan with those banks for your home regardless. At least that’s how it is here in California.
That is simply not true unless you bank with Chase. We have several low down payment programs. I agree that this is a huge decision and should be taken with great care. However, waiting years to save 20% while burning money on rent is unnecessary.
It is really disappointing that all the other Moving to Orlando videos were deleted. I had them all saved to rewatch later.
THe other thing when owning a home. Remember, there will be large costs that come out of nowhere. The air conditioning/heater/water softener/water heater goes, you have to pay to replace it. The roof will need to be replaced over time. The garage door breaks/you need to cut the grass or hire someone to do it. Over time, you might need to replace the carpeting/flooring. THose additional costs need to be factored in. With our house it seemed like every 6 months, here we go again. Something else would go wrong with the house; and our house is still fairly new compare to some other houses out there.
Haven’t even watched the episode yet but saw the title and squealed! I love the Orlando real estate episodes so much! I just closed and moved into my Orlando home this past weekend.
Such a great video!! I learned so much!! Thank you!!
Been waiting for this video!
Rhett is a great addition to the show! :)
Thank you Ashley!
What happened to moving to the magic??
very informative
Great info on how rental property is calculated into the process
Lots of good information.
I really like Rhett, he's very personable, but wasn't there another man who was doing this show? Or maybe I just imagined it, I've been isolated way to long ;) .
J Lee Eric Gross was his name. He is gone now
His name was Eric Gross. Pete put out a scathing post about him on various social media channels. Basically Pete said that he is NOT AFFILIATED with Eric anymore. It’s unclear what happened. Eric broke off from the Dis and created his own Facebook group called Magical Moves.
I was curious about Eric too especially when I saw this says it’s episode 2. I looked back and can’t find any of the old Moving to Orlando videos.
@@lesliebeaver That's even stranger.
If you dont have 20% down, super low DTI and 800 credit score, you probably are not getting a loan right now. Rent for the next 2/3 years and get a huge discount off of todays inflated prices. Don't run in to buy the house, walk.
ohplezz i don’t know who you get your information for but most lenders are still doing normal FHA’s with 620 fico or above and 3.5 percent down. The only banks doing what you mentioned are banks like chase and Bank of America, but you should never get a loan with those banks for your home regardless. At least that’s how it is here in California.
That is simply not true unless you bank with Chase. We have several low down payment programs. I agree that this is a huge decision and should be taken with great care. However, waiting years to save 20% while burning money on rent is unnecessary.
@@cinnamontoast3 I couldn't agree more :-)