Happy Everyday Dr. P
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- Gesundheit und Fitness
Financial and physical well-being with overall brain, body, being health. The podcast that holds you accountable. Season 3: Home Loan Health!
Health is wealth. Bottom line, both health and wealth are important. We talk about home loan health, physical and financial fitness. Get worthwhile weekly physical and financial fitness challenges. Side effects include credit score increase and six pack abs.
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Breathe and Buy July 18 2022 Episode
If you qualify to buy now, buy because appreciation will occur. Appreciation is property increasing in value and that is a way to get ahead of inflation. Have REAL a real estate asset, property like a single family home or multi-unit with no extra payment like HOA or land lease/rent for mobile home park.
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Qualify to buy, BUY! Inflation, mortgage rates, exchange rates, lien investors rights of redemption.
There are so many moving parts to qualify to borrow money to acquire real estate. If you qualify to buy now, buy. Real estate favors inflation so even if the rates are not what they were a few months ago, rates are still low compared to other times in history. A borrowers situation can change in the blink of an eye and then they no longer qualify to buy. Paris was reminded of lyrics from Eminem in this show.
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As Is & Scams. Like Make-up!
Know what you are buying. Many times in real estate transactions even if you see the property and it looks great, there could be problems so do your research, otherwise know as due diligence, whether it is listed "as is" or not, beware as a buyer and as a seller.
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Earnest Money Deposit & Escrow
Market changes but regardless the market conditions, due diligence in transactions is wise.