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Originally_Posted_At_Doomcocks_YouTube_Channel
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Originally_Posted_At_Doomcocks_YouTube_Channel
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Originally_Posted_At_Doomcocks_YouTube_Channel
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Originally_Posted_At_Doomcocks_YouTube_Channel
Stay Updated with news.freeptomaineradio.com’s Daily Newsletter
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Current subscribers:
Originally_Posted_At_Doomcocks_YouTube_Channel
Stay Updated with news.freeptomaineradio.com’s Daily Newsletter
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Current subscribers:
Homeowners who bought in 2022 are already selling at a loss. The Real Estate Market Is Unstable.
Check out our reaction to Revnture➡️ https://youtu.be/1DAkMmkOupU
Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ
Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6
Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
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Blog and Real Estate Updates: https://www.gnrgmedia.com
Question – Do you think that the Real Estate Market is crashing or correcting?
Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217
#housingmarket #interestrates #boiseidaho
About this video:
Prospective homebuyers in 2024, highlighting the pitfalls and challenges of the current housing market. A real-life example how a couple who bought a house in late 2022 faced significant financial loss when trying to resell it just a year later. The necessity of being fully committed to a long-term stay if purchasing a home, as the costs and market conditions make quick resales unviable. Additionally, Josh explains why renting might be a more economical choice given the high interest rates and home prices, and underscores the importance of not waiving inspections or appraisals to avoid future regrets. We are urging you to consider these factors carefully before making any real estate decisions in the upcoming year.
When is the right time to buy a house in this housing market chaos?
Check out our reaction to Revnture➡️ https://youtu.be/1DAkMmkOupU
Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ
Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reachout to you? https://forms.gle/RHP6tFHUZMZydnLK6
Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com
Question – Do you think that the Real Estate Market is crashing or correcting?
Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217
#housingmarket #interestrates #boiseidaho
About this video:
Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.
Originally_Posted_At_Doomcocks_YouTube_Channel
Stay Updated with news.freeptomaineradio.com’s Daily Newsletter
Stay informed! Subscribe to our daily newsletter to receive updates on our latest blog posts directly in your inbox. Don’t let important information get buried by big tech.
Current subscribers:
HELP: $167,000 in DEBT, Should we sell or invest in this housing market?
We don't know what to do with our rental home.
Check out our last video ( STUCK: The Housing Market Is Holding Us Back) ➡️ https://youtu.be/qDY9aKFoj6c
Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ
Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6
Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com
Question – Do you think that the Real Estate Market is crashing or correcting?
Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217
#housingmarket #interestrates #debt
About this video:
A couple with children, substantial debt, and two houses, questioning whether to keep or sell their rental property. They are dealing with financial obligations including a 2020 FORD F150 truck, a 2022 Toyota Highlander, an RV with negative equity, a home equity line of credit (HELOC), and credit card debt, despite having $50,000 in savings. Their income is commission-based, totaling approximately $12,500 monthly, but with concerns about potential declines due to the husband's job in car sales. The primary residence has significant equity, while the rental property's equity is less clear.
Several scenarios are considered:
Selling the primary residence to pay off debts, using equity from the sale, and possibly moving into the rental, leveraging the equity from their primary residence to clear debts and potentially have savings left over.
Selling the rental property would yield less financial flexibility than selling the primary residence due to the lower equity and potential tax implications.
A more drastic measure of downsizing to live in the RV to drastically reduce living expenses and debt.
Keeping the rental, which seems less favored due to the financial strain and uncertain income.
The conversation leans towards selling property (either the primary residence or the rental) as a means to manage and eliminate debt, with a preference for selling the primary residence to maximize financial relief and stability. The discussion is a comprehensive analysis of their financial situation, considering debt elimination, housing equity, and lifestyle adjustments to address financial challenges.
Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.
If you're looking to buy or sell real estate in Idaho, follow our updates. Good News Realty Group LLC, located in Boise Idaho.
