S2E10 Location, Location, Location

In the second installment of our home-ownership series, Dad and Hannah continue to talk about home ownership! This episode, we discuss the home-buying process and timeline in more depth, specifically around determining what you can afford (and how the mortgage company will evaluate this). 

If you're a first-time home-buyer, you'll definitely want to give this episode (and last week's) a listen (and you'll feel much more prepared for this process)!

Questions? Email us at learnedfromdadpodcast@gmail.com or leave us a voicemail using the link below!

Find us on Instagram @learnedfromdad_podcast!

Episode Guide:

2:00 - The home-buying process end-to-end, at a high level

5:50 - Location, Location, Location! Where can you afford to buy?

7:00 - What is involved in pre-qualifying for a mortgage?

10:50 - PITI

14:00 - A note on additional costs of homeownership you must consider

16:15 - How the mortgage company's underwriter will determine what they'll loan you (the math!)

25:25 - Looking for a home, and why you might work with a Realtor

27:30 - The offer, negotiation, and closing process!