House Rich: The First Time Homebuyer Show Dave Ball @HouseRichDave

I breakdown the article from realtor.com where they list 9
cities that will provide people that move there money whether they buy a home
or not.

 

 

Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/

 

"These Places Will Pay You Tens of Thousands To Move
There—but How Much Will It Really Cost You?

Those struggling to come up with a down payment for a home
or their first month’s rent plus security deposit might be relieved to know
there are places in America that are paying people to relocate there.

 

Some smaller cities and states are offering incentives,
worth up to $15,000, to those who can work remotely to move there. While
relocation incentive packages vary greatly, some are throwing in cash, free gym
memberships, museum passes—and even dinner with the mayor.

 

These incentives appear to be working. More than 50,000
people applied for these programs in 2023, according to the online marketplace
MakeMyMove.com, as reported by CNN."

 

Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/

 

This is a show for millennial first time home buyers looking
to buy their 1st home and build generational wealth through real estate. Real
estate is a way to build black wealth and close the wealth gap.

 

🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important
info below ⤵️

🤠I'm a Realtor in Dallas,
TX. If you're looking to move to the Dallas, TX area or a local looking to buy
I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
out of towners) buy homes in my pervious life in the mortgage industry (I'm a
guidelines nerd). Reach out to work with me.

🤠In the DFW market?
Schedule a planning call- https://calendly.com/houserich

⭐If you're looking for a top
realtor in your area I can help you with that too.
https://calendly.com/houserich/

📧 hello@houserichshow.com

🏡World's Best Home Buying
Tips: https://www.youtube.com/@Homebuyingtips

🎙️My Podcast. Homebuying
tips on the go: https://www.houserichshow.com/

🏠Join my email list and
get a FREE credit repair guideline:
https://houserichdave.myflodesk.com/newsletter

📚 New to the page? Start
here for 2023 mortgage guidelines
https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

David Ball Dallas Texas Real Estate Agent | Texas Real
Estate License: 800326

📽️📺📹🎥

I breakdown president plan for the housing market as
discussed during his state of the union speech.

 

Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/

 

During his State of the Union Address, President Biden will
call on Congressional Republicans to end years of inaction and pass legislation
to lower costs by providing a $10,000 tax credit for first-time homebuyers and
people who sell their starter homes; build and renovate more than 2 million
homes; and lower rental costs.  President
Biden also announced new steps to lower homebuying and refinancing closing
costs and crack down on corporate actions that rip off renters.

 

https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/11/fact-sheet-the-presidents-budget-cuts-housing-costs-boosts-supply-and-expands-access-to-affordable-housing/

 

This is a show for millennial first time home buyers looking
to buy their 1st home and build generational wealth through real estate. Real
estate is a way to build black wealth and close the wealth gap.

 

🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important
info below ⤵️

🤠I'm a Realtor in Dallas,
TX. If you're looking to move to the Dallas, TX area or a local looking to buy
I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
out of towners) buy homes in my pervious life in the mortgage industry (I'm a
guidelines nerd). Reach out to work with me.

🤠In the DFW market?
Schedule a planning call- https://calendly.com/houserich

⭐If you're looking for a top
realtor in your area I can help you with that too.
https://calendly.com/houserich/

📧 hello@houserichshow.com

🏡World's Best Home Buying
Tips: https://www.youtube.com/@Homebuyingtips

🎙️My Podcast. Homebuying
tips on the go: https://www.houserichshow.com/

🏠Join my email list and
get a FREE credit repair guideline:
https://houserichdave.myflodesk.com/newsletter

📚 New to the page? Start
here for 2023 mortgage guidelines
https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

David Ball Dallas Texas Real Estate Agent | Texas Real
Estate License: 800326

📽️📺📹🎥

TikTok- https://www.tiktok.com/@houserichdave

IG- https://www.instagram.com/houserichdave/

@houserichdave

I explain the history behind squatter's rights and why
they still exist today. Most people confused squatter's rights, the right of
tenants and criminals that have illegal broken into a property and are abusing
tenants right's to stay in the property.






Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/  

I also cover solution's to the squatter epidemic an well are
talk about a guy name Flash Shelton, the "Squatter Hunter" and how
you can hire him to get rid of squatters

 

"A New York City property owner recently ended up in
handcuffs following a fiery standoff with alleged squatters who she has been
trying to boot from her family’s home, tense footage shows.

 

Adele Andaloro, 47, was nabbed after changing the locks last
month on the $1 million home in Flushing, Queens, that she says she inherited
from her parents when they died, ABC’s Eyewitness News reported.

 

“It’s enraging,” the homeowner said of the squatter saga.

 

“It’s not fair that I, as the homeowner, have to be going
through this.

Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/

 

This is a show for millennial first time home buyers looking
to buy their 1st home and build generational wealth through real estate. Real
estate is a way to build black wealth and close the wealth gap.

 

🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important
info below ⤵️

🤠I'm a Realtor in Dallas,
TX. If you're looking to move to the Dallas, TX area or a local looking to buy
I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
out of towners) buy homes in my pervious life in the mortgage industry (I'm a
guidelines nerd). Reach out to work with me.

🤠In the DFW market?
Schedule a planning call- https://calendly.com/houserich

⭐If you're looking for a top
realtor in your area I can help you with that too.
https://calendly.com/houserich/

📧 hello@houserichshow.com

🏡World's Best Home Buying
Tips: https://www.youtube.com/@Homebuyingtips

🎙️My Podcast. Homebuying
tips on the go: https://www.houserichshow.com/

🏠Join my email list and
get a FREE credit repair guideline:
https://houserichdave.myflodesk.com/newsletter

📚 New to the page? Start
here for 2023 mortgage guidelines
https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

David Ball Dallas Texas Real Estate Agent | Texas Real
Estate License: 800326

📽️📺📹🎥

TikTok- https://www.tiktok.com/@houserichdave

IG- https://www.instagram.com/houserichdave/

@houserichdave

I cover the impact of settlement where National Association
of Realtors will pay $418 million in damages and will amend several rules that
housing experts say will drive down housing costs. I cover this from the point
of view of the first time home buyer and how it will impact them from a
position of increased fees, a decrease in knowledge and why first time home
buyer in low to moderate income communities will be the most impacted

 

Topic covered

 

01:43 NAR settlement case/verdict overview

02:38 How buyer’s agents are compensation

03:09 buyers agent agreement explained

04:35 Why the 1st time homebuyer is getting screwed

06:54 The impact of the settlement on home prices

07:47 what drives home prices

09:56 why sellers won’t lower prices due to NAR’s settlement

11:58 What if sellers lowered prices

15:02 Who doe FTHB turn to?

15:39 Winners

16:42 times have changed

17:10 future commission scenarios

19:32 Buyers at the lower end of the market being the most
impacted

 

 

Looking for a home in Dallas? Schedule a call w/ me:
https://calendly.com/houserich/dfw

Outside of Dallas? Connect w/ a dope Realtor in your local
market: https://homeandmoney.com/houserichdave/

I cover the  @realtordotcom  article "U.S. Housing Supply Short 7.2 Million Homes"

The topics covered are
03:41 The large margins for new home builders and why they can over incentives to new home buyers
04:40 Where the 7.2M deficit number comes from
06:23 Why the starter home is disappearing
08:20 Metros with the biggest deficit in single family homes
"While the number of homes for sale has been recovering from pandemic-era lows thanks to a surge of new construction, a new Realtor.com® analysis found that the market is still missing up to 7.2 million homes, the result of more than a decade of underbuilding relative to population growth."


Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw
Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.

🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️
🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.
🤠In the DFW market? Schedule a planning call- https://calendly.com/houserich
⭐If you're looking for a top realtor in your area I can help you with that too. https://calendly.com/houserich/
📧 hello@houserichshow.com
🏡World's Best Home Buying Tips: https://www.youtube.com/@Homebuyingtips
🎙️My Podcast. Homebuying tips on the go: https://www.houserichshow.com/
🏠Join my email list and get a FREE credit repair guideline: https://houserichdave.myflodesk.com/newsletter
📚 New to the page? Start here for 2023 mortgage guidelines https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx
David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
📽️📺📹🎥
TikTok- https://www.tiktok.com/@houserichdave
IG- https://www.instagram.com/houserichdave/
@houserichdave

I compared the benefits for an FHA loan versus conventional loan for 1st time homebuyers in 2024. The topics we cover are
01:33 FHA loan credit requirements
03:51 conventional loan credit requirements
04:41 Biden's loan level price adjust "hurting" those with good credit
05:21 Down payment requirements for FHA loans
06:00 Conventional loan down payment requirements
06:30 Update conventional loan housing hacking guidelines
06:52 Conventional loan vacation home and investment property guidelines
07:43 Occupancy requirements for FHA and conventional loans
08:01 Does an conventional or FHA loan have better rates
08:21 Differences in mortgage insurance between FHA and conventional loans
09:52: LTV explained and an example
11:34 How to drop mortgage insurance on an FHA loan
12:12 DTI requirements for FHA and conventional loans
13:19 2024 Loan limits for FHA and conventional loans
14:24 Seller perception for FHA and conventional loans
15:22 Appraisal differences for FHA and conventional loans
16:00 The amendatory clause explained

Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw
Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/

This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.

🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️
🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.
🤠In the DFW market? Schedule a planning call- https://calendly.com/houserich
⭐If you're looking for a top realtor in your area I can help you with that too. https://calendly.com/houserich/
📧 hello@houserichshow.com
🏡World's Best Home Buying Tips: https://www.youtube.com/@Homebuyingtips
🎙️My Podcast. Homebuying tips on the go: https://www.houserichshow.com/
🏠Join my email list and get a FREE credit repair guideline: https://houserichdave.myflodesk.com/newsletter
📚 New to the page? Start here for 2023 mortgage guidelines https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx
David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
📽️📺📹🎥
TikTok- https://www.tiktok.com/@houserichdave
IG- https://www.instagram.com/houserichdave/
@houserichdave