The title says it all. This is for first time home buyers. We talk everything from deciding to buy to selecting a lender to walking away with your keys on closing day.
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The title says it all. This is for first time home buyers. We talk everything from deciding to buy to selecting a lender to walking away with your keys on closing day.
Home Ownership as a Part of Overall Financial Health
Buying a Home In Austin Podcast
16 minutes 11 seconds
5 years ago
Home Ownership as a Part of Overall Financial Health
Home Ownership as a Part of Overall Financial Health
-Appreciating Assets vs Depreciating Assets
-Electronics -most expensive MacBook is over $50k!!! -base model MacBook desktop is $5,999.00 (no monitor?!) -Iphone -most expensive iPhone 11 Pro, $1,449.00 -base iPhone 11, $999
-Things you can drive -boat -RV -CARS! - The average car payment for a new vehicle is $554, and the average for a used car is $391
In Austin $250k with 3.5% downpayment = $9,625 (17.37 months of $554 new car payments)
A 250k, appreciating at 6% for 30 years = $1,435,872.79 value
Renting 3 bed $1,100 x 12 months x 30 years = $396,000 spent
Buying a Home In Austin Podcast
The title says it all. This is for first time home buyers. We talk everything from deciding to buy to selecting a lender to walking away with your keys on closing day.
