First Time Home Buyer MISTAKES | 9 Mistakes First-Time Home Buyers Make | First Time Home Buyer Tips

author Matt Leighton   1 год. назад
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7 Common First Time Home Buyer Questions | Home Buying Questions to Ask

7 Common First Time Home Buyer Questions | Home Buying Questions to Ask Arlington VA Real Estate: http://rhlarlington.c21redwood.com/ Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area matt@orangelinecondo.com 7 Common First Time Home Buyer Questions 0:30 | What's the first step? 1:54 | What is the fee to use a buyer's agent? 4:23 | Is the downpayment part of closing costs? 5:41 | Where does the Earnest Money Deposit (EMD) go towards? 6:57 | Do I have to waive the home inspection to win a multiple offer situation? 9:17 | How do I get out of this contract? 11:21 | Are the sellers trying to pull a fast one on us? Follow me: Instagram: https://www.instagram.com/TheMattLeighton/ Facebook: https://www.facebook.com/TheMattLeighton Twitter: https://twitter.com/TheMattLeighton LinkedIn: https://www.linkedin.com/in/TheMattLeighton MY EQUIPMENT LINKS TO AMAZON The camera I use - https://goo.gl/3n13gS The lens I use - https://goo.gl/hS8a1s The mic I use - https://goo.gl/kSeu8J The memory card I use - https://goo.gl/t4wdXj The camera flash I use - https://goo.gl/pi2gmj The gimbal I use - https://goo.gl/xKMj8t The gorilla pod I use - https://goo.gl/jLLL5q The intervalometer I use - https://goo.gl/EV2KWo The iPad I use - https://goo.gl/G9onPp Business inquires matt@OrangeLineCondo.com Matt Leighton - Arlington VA Real Estate Agent Licensed in VA and D.C. Century 21 Redwood Realty 1934 Wilson Blvd Arlington, VA 22201 https://www.youtube.com/watch?v=t9O_nBmyR5A

How to Pay Off your Mortgage in 5-7 Years

Would you be interested in more information AND getting involved in real estate investing? Visit http://ChopMyMortgage.Com for a explanation longer video Check out the SEQUEL Video on how to use this strategy to CREATE Passive Income: https://youtu.be/lq5ag71CbJM SUBSCRIBE for more helpful real estate related videos! Ever wonder how you may be able to pay off your #mortgage within 5-7 years (depending on your situation) without adding a single penny to your payment and not #refinancing? Sam Kwak is going to show you a strategy in how you can use a different method/instrument to pay off your mortgage quicker! This strategy is called the "Velocity Banking" Strategy. We first need to understand how mortgages work. In this strategy, we are using a Home Equity Line of Credit (HELOC) as a leverage to pay off the mortgage quicker and still maintaining our income and expenses as how they are. You can also use other instruments such as Business Line of Credit, Personal Line of Credit, or Credit Cards for the purpose of this strategy. The beautiful thing about this strategy is that it allows us to take an inefficient debt and convert it over to a much efficient debt. The emphasis on this strategy is mainly on cashflow and principle balance reduction. The adage strategy of taking your hard earned money you earn and paying extra toward the principle is an old school strategy. While it works, the Velocity Banking Strategy is a much more efficient way of paying off an amortized debt. This strategy will also work on Student loans, car loans, personal loans and so forth! Don't let the banks trick you with their amortized products!!! Would you be interested in more information & details? Visit http://ChopMyMortgage.Com for a explanation longer video on how to apply this strategy to your situation AND a different approach to this strategy in using it to increase your monthly income! Be sure to subscribe to our YouTube channel for more Real Estate Investing tips and tricks! **Want to learn and work with the Kwak Brothers? Get access to their #1 real estate investing course: http://www.thekwakbrothers.com/learn **Get access to the Kwak Brother's Mastermind FB Group to ask the Kwak Brothers directly!: https://www.facebook.com/groups/thekwakbrothersmastermind/ **Want to read more tips & tricks about real estate investing? Visit: http://thekwakbrothers.com/ **Download our FREE ebook "5 Steps to Real Estate Investing" here: http://www.thekwakbrothers.com/ebook FOLLOW US @thekwakbrothers #realestateinvesting #realestate #realestateinvestor #realestatetips #realestatetraining #realestateeducation #rei #entrepreneurship #thekwakbrothers #VelocityBanking #mortgageacceleration #payoffmortgage #samkwak #mortgagepayoff #mortgagestrategy #heloc #realestateinvesting #thekwakbrothers DISCLAIMER: Sam Kwak is not a licensed mortgage broker, not real estate agent, not a Certified Financial Planner, not a licensed attorney, and not a Certified Public Accountant. Viewers will consult with their professionals prior to engaging in any financial strategies. Not everyone will experience 100% success rate with using this strategy. This strategy does require equity, a good standing with your current mortgage and the patience to use the strategy. The result of paying off your mortgage within 5-7 years is atypical but it represents a likely possible outcome for individuals who use this strategy. We (Novo Elite and DBA The Kwak Brothers) does not warrant a promise or a guarantee any specific outcomes and/or results from the use of this strategy.

10 Financial Goals To Conquer in Your 30s

Today we are talking about setting goals. I am a certified ‘goal getter’. 😀 I am all about setting goals, reviewing those goals, and most importantly achieving those goals. 🍾 I wasn’t always like this. There was a time where I would do my New Year’s resolutions and set goals, but I usually didn’t review them until the next year. It wasn’t until I joined a business coaching program that emphasized the importance of setting and reviewing goals more than once a year. Now, it is no surprise that most rich people are reviewing their goals and making goals. Author Thomas Corley, Rich Habits, found that 62% of all rich people not just set goals but they review them every single day. When is the last time you reviewed your goals? 🤔 If it wasn’t today or yesterday then chances are you are not on that path to building financial freedom. I know it can be hard to believe that you can become rich. We are conditioned to believe that we are stuck where we are now. I want to challenge you that you are not Stuck! You don’t have to be poor the rest of your life. You can achieve wealth, you can achieve freedom. It all starts with setting goals and working towards achieving them. 😀 Today I am going to give you my top 10 financial goals that you can start working on today. ➡️ 1. Have plenty of cash on hand [2:23] - We want to work towards $1,000. ➡️ 2. Have a debt reality check and a debt payoff plan [4:10] - You may think it is impossible to become debt free. It’s not, but you have to have a reasonable payoff plan. ➡️ 3. Plan an early retirement [5:21] - You have to decide when you want to retire, and then determine how much you need to save. Then, you have to start investing. ➡️ 4. Seek out mentors to help with your wealth building goals [7:34] - Whatever lifestyle you want to achieve, who do you know that has the level of success that you would like to emulate. ➡️ 5. Get your insurance in check [8:25] - Make sure you have the right kind of insurance to save you from financial catastrophes. This could include life insurance, auto insurance, homeowners insurance, etc. ➡️6. Build Multiple Streams of Income [9:41] - This is not something that happens overnight. You have to put in the work and build a business that allows for these multiple streams of income. ➡️ 7. Finding Content with what you have [12:53] - You have to learn to live on less. Be happy with what you have and don’t feel like you need to constantly buy the newest biggest things out there. ➡️ 8. Give Back [14:39] - Giving back could include donating money, time, or knowledge. You can help others achieve success. ➡️ 9. Get your financial house in order [15:32] - Do you have a will? Do your loved ones have access to your accounts? Make sure all of this is in order. ➡️ 10. Do the work you love [16:18] - Have an understanding of what brings you joy. Then start working towards doing the work that you love. Those are my top 10 wealth building goals. If you are 20-30 years old and you don’t know where to start...I’ve just given you 10 goals to start on right now. 😀 Maybe you already are working on some of these goals? If so, let me know where you are in your process. What have you achieved? What are you struggling with? 🤔 Let us know in the comments so we can help you achieve them. ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: 🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 https://www.goodfinancialcents.com/compete

Best Home Improvements for Resale | 7 Home Improvements to INCREASE Property Value

Best Home Improvements for Resale | 7 Home Improvements to INCREASE Property Value Arlington VA real estate agent and Realtor Matt Leighton talks about the best home improvements sellers can make to help increase the value of their property before listing the property for sale. Subscribe for more real estate videos - http://www.youtube.com/subscription_center?add_user=themattleighton Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area matt@orangelinecondo.com Best Home Improvements | 7 Best Home Improvements for Sellers 1:08 - Paint 2:18 - Improve the lighting 3:19 - Replace wall outlets, faucets, knobs, and door handles 4:21 - Do minor kitchen upgrades 5:29 - Install hardwood floors instead of carpet 6:15 - Stage your house 8:37 - Landscaping Find Matt here: https://instagram.com/TheMattLeighton https://www.snapchat.com/add/mpleighton https://www.facebook.com/TheMattLeighton https://twitter.com/TheMattLeighton https://www.linkedin.com/in/TheMattLeighton MY EQUIPMENT LINKS TO AMAZON The camera I use - https://goo.gl/3n13gS The lens I use - https://goo.gl/hS8a1s The mic I use - https://goo.gl/kSeu8J The memory card I use - https://goo.gl/t4wdXj The camera flash I use - https://goo.gl/pi2gmj The gimbal I use - https://goo.gl/xKMj8t The gorilla pod I use - https://goo.gl/jLLL5q The intervalometer I use - https://goo.gl/EV2KWo The iPad I use - https://goo.gl/G9onPp Business inquires matt@OrangeLineCondo.com Matt Leighton - Arlington VA Real Estate Agent Licensed in VA and DC Century 21 Redwood Realty 1934 Wilson Blvd Arlington, VA 22201 https://www.youtube.com/watch?v=cieQgNqneI4

Which is Cheaper: BUYING or RENTING a house? (DEBUNKED)

Which is actually cheaper, buying or renting a house? Lets crunch the numbers to determine which is actually less expensive, and which factors to consider to determine which is right for you. Enjoy! Add me on Snapchat/Instagram: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c I think there’s a common misconception that buying is always the better choice, and that renting is just throwing money out of the window. But you can’t deny that many high-profile people just end up renting their homes…why is this? Lets first start with owning a home. Many people just look at the cost of rent, then look at the mortgage payment - see it’s maybe a little more, but think “I can own this for just a little bit more, buying is a waste!” However, the actual cost of owning is home is much greater than just your mortgage payment. You also have property taxes, insurance, and repairs to take into consideration - not to mention the opportunity cost of the money that you invest into your home. Purely for cash flow purposes, renting is usually cheaper. Even though you don’t get the tax benefits of owning, usually renting and investing elsewhere is cheapest month-to-month out of pocket. Not only is it “cheaper” for cash flow purposes, but you have the mobility to pick up and leave when your rent is up. You’re not responsible for maintenance. You don’t need to bother selling it when you’re done. You just pick up and go. You can also invest your money invested elsewhere, potentially making you even more money. But in terms of NET cost over 7 years, the lease will cost you MORE than owning a home, realizing the tax benefits, seeing some appreciation, and paying down your loan. So what’s the advantage of renting? First of all, this assumes the market goes up over 7 years…if the market is about the same price or drops, you’ll actually come out AHEAD by renting. You’ll also come out ahead by renting if you can make more than a 12% return on your down payment elsewhere. You’ll also come out AHEAD by renting if you’re only going to live in the home for 1-3 years and plan to sell it, unless you get lucky with a rapidly appreciating market. So it takes a lot of averages and assumptions to really decide which one is better. The biggest downside I see with buying is that it ties up capital that COULD be deployed in a business that would generate higher returns. For someone who only wants to buy an live there a few years and sell, it’s dangerous to assume the market will continue going upward in a short period of time. So the “cost” of renting is sometimes much cheaper than just owning the home for a few years. BUT….for those who plan to live in their home for more than 7 years or so, generally speaking buying is better. You basically lock in your cost of ownership by buying - you won’t have rent increases, you won’t have a landlord telling you what to do, and you have total control over the property. You also get the tax benefits of owning and you can build up equity in an appreciating asset. However, you’re tying yourself down and if you decide to sell after a year or two, you’ll likely take a loss unless your market appreciates in price enough to make up the closing costs and commissions. But long term, owning will be cheaper if you intend to live there long term. So like I said, determining which is cheaper really depends on quite a few variables - short term, it’s generally better to rent. Long term, generally better to own. And the longer you stay in a property, the more it usually makes sense just to own it. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3

First Time Home Buyer MISTAKES | 9 Mistakes First-Time Home Buyers Make | First Time Home Buyer Tips.

Real estate agent and Realtor Matt Leighton goes through 9 mistakes that first time home buyers are making when it comes to purchasing a house.

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Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf

Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area
matt@orangelinecondo.com
--
Find Matt here:
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9 First Time Home Buyer Mistakes | Tips for First Time Home Buyers

0:57 - 1. Seeing houses before getting financial qualification
2:44 - 2. Looking for a unicorn
3:45 - 3. Using the listing agent to represent you
5:15 - 4. Looking too much into the home's online value estimation
7:05 - 5. Expecting your house to increase in value
9:15 - 6. Underestimating your expenses
10:07 - 7. Feeling rushed
11:25 - 8. Falling in love with houses on the open market
12:52 - 9. Fallacy that renting is throwing money away

MY EQUIPMENT LINKS TO AMAZON
The camera I use - https://goo.gl/3n13gS
The lens I use - https://goo.gl/hS8a1s
The mic I use - https://goo.gl/kSeu8J
The memory card I use - https://goo.gl/t4wdXj
The camera flash I use - https://goo.gl/pi2gmj
The gimbal I use - https://goo.gl/xKMj8t
The gorilla pod I use - https://goo.gl/jLLL5q
The intervalometer I use - https://goo.gl/EV2KWo
The iPad I use - https://goo.gl/G9onPp

Business inquires
matt@OrangeLineCondo.com

Matt Leighton - Arlington VA Real Estate Agent
Matt [at] Orange Line Condo dot com
Century 21 Redwood Realty
1934 Wilson Blvd
Arlington, VA 22201
https://www.youtube.com/watch?v=z2R9phdX5W4