Player FM uygulamasıyla çevrimdışı Player FM !
289 - 23 Real Estate Terms Homebuyers NEED to Know in 2025
Manage episode 454637232 series 2505056
Worried you need a massive down payment or perfect market conditions to buy a home? David demolishes common homebuying myths by breaking down 24 essential terms for 2025, revealing surprising paths to homeownership – including options for single-income families, competitive market strategies, and alternative housing solutions.
Quote:
"PMI is not a huge expense and in fact it could be the greatest way for you to loan yourself an extra 30, 40, $50,000 for the low, low price of a couple hundred bucks a month."
Highlights:
- How could PMI and down payment assistance programs get you into a home with far less saved than you think?
- Is an ADU the solution to affording property in expensive markets like San Francisco?
- Why is a "contingency period" your safety net when making an offer?
- What makes seller concessions and mortgage points your secret weapons for lowering monthly payments?
- Could an escalation clause help you win in competitive markets without overpaying?
- How do home warranties protect your family's investment in the first year?
- Why might breaking your lease actually save you money in the long run?
Referenced Episodes:
Episode 90s (exact number not specified) A to Z (This is a series, starting with "A")
Episode 215: I interviewed that ADU guy
Episode 246: Topic: Breaking your lease
Episode 152: Topic: Breaking your lease
Episode 46, 49, 73, 75, and 84: Topic: Bidding Wars (older episodes with a "really crappy microphone")
Episode 75, 76, and 77: Topic: Bidding Wars (a three-part series)
Episode 49: How Much to Offer on a Home
Episode 250: Topic: Down payment assistance
Episode 287: Topic: Down payment assistance
Episode 66: Topic: Interest rates
Episode 261: Topic: Interest rates
Episode 198: PMI is a Privilege
Episode 216: PMI Still a Privilege and Still Not the Devil
Episode 225: Renting Versus Buying
Connect with me to find a trusted realtor in your area or to answer your burning questions!
Subscribe to our YouTube Channel @HowToBuyaHome
Instagram @HowtoBuyAHomePodcast
Tik Tok @HowToBuyAHome
This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!
David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
422 bölüm
Manage episode 454637232 series 2505056
Worried you need a massive down payment or perfect market conditions to buy a home? David demolishes common homebuying myths by breaking down 24 essential terms for 2025, revealing surprising paths to homeownership – including options for single-income families, competitive market strategies, and alternative housing solutions.
Quote:
"PMI is not a huge expense and in fact it could be the greatest way for you to loan yourself an extra 30, 40, $50,000 for the low, low price of a couple hundred bucks a month."
Highlights:
- How could PMI and down payment assistance programs get you into a home with far less saved than you think?
- Is an ADU the solution to affording property in expensive markets like San Francisco?
- Why is a "contingency period" your safety net when making an offer?
- What makes seller concessions and mortgage points your secret weapons for lowering monthly payments?
- Could an escalation clause help you win in competitive markets without overpaying?
- How do home warranties protect your family's investment in the first year?
- Why might breaking your lease actually save you money in the long run?
Referenced Episodes:
Episode 90s (exact number not specified) A to Z (This is a series, starting with "A")
Episode 215: I interviewed that ADU guy
Episode 246: Topic: Breaking your lease
Episode 152: Topic: Breaking your lease
Episode 46, 49, 73, 75, and 84: Topic: Bidding Wars (older episodes with a "really crappy microphone")
Episode 75, 76, and 77: Topic: Bidding Wars (a three-part series)
Episode 49: How Much to Offer on a Home
Episode 250: Topic: Down payment assistance
Episode 287: Topic: Down payment assistance
Episode 66: Topic: Interest rates
Episode 261: Topic: Interest rates
Episode 198: PMI is a Privilege
Episode 216: PMI Still a Privilege and Still Not the Devil
Episode 225: Renting Versus Buying
Connect with me to find a trusted realtor in your area or to answer your burning questions!
Subscribe to our YouTube Channel @HowToBuyaHome
Instagram @HowtoBuyAHomePodcast
Tik Tok @HowToBuyAHome
This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!
David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
422 bölüm
모든 에피소드
×Player FM'e Hoş Geldiniz!
Player FM şu anda sizin için internetteki yüksek kalitedeki podcast'leri arıyor. En iyi podcast uygulaması ve Android, iPhone ve internet üzerinde çalışıyor. Aboneliklerinizi cihazlar arasında eş zamanlamak için üye olun.