Real Estate Affordability Reality Check: House Buying Guide

Real Estate Core Concepts: Understand How Expensive of a Home to Buy (AKA how to not Overspend). Build a Budget & Plan

Ratings: 4.87 / 5.00




Description

Learn how much of a home you can reasonably afford and the key factors that impact your purchase ability.

Use custom made checklists and worksheets to get a handle on your finances, the total cost of buying your dream home and making sure you don't get in over your head.

By the end of the course you'll walk away well prepared knowing:

  1. How much of a home you can really afford (based on income and savings)
  2. Pros and Cons of Buying vs. Renting & Buying vs. Building
  3. A Balanced Approach to Home Buying, taking into consideration Finances, Function & Preferences
  4. A 5 Factor Analysis to Comprehensively Review the Factors that Impact Your Ability to Buy a Home
  5. How to Manage Your Finances and Understand if You're Saving Enough

I'll also be giving you Custom Checklists & Resources that I made to make the Process Much Smoother:

  1. Financial Checklist (to help you keep track of the many costs, so there aren't any surprises)
  2. Family Income Statement (to help you know where you're at financially and what you can afford)
  3. Functional Checklist (to make sure you're getting all of the features you want & need in your home)
  4. Preferences Checklist (to help you keep track of which home you liked and why as you view many properties)


Disclosure:

In the interest of full transparency, please note that I am not a licensed real estate professional, and do not have the same level of technical experience and understanding that a real estate agent, broker, title agent, real estate attorney or other such professional will have. This course is based on the actual process that I went through in buying my home, and the hours and hours of research, interviews and ground work that I did in order to get a great deal. I believe that as one new home buyer to another, that this course will be of great value to you, I just want to be transparent and up-front.

I did save over $90,000 on my home purchase, which is over the course of the life of the loan. It is important to consider out of pocket expenses today, as well as into the future. I have not adjusted this number for "net present value" or inflation or any other financial techniques to increase it. I have simply added up the savings I will be enjoying today, and over the course of the loan and report them as is. 


What You Will Learn!

  • Confidently understand how much of a home they can afford
  • Get a solid refresher in personal finance

Who Should Attend!

  • Anyone who is in the process of searching for a home, or plans to buy one in the future and wants to buy right the first time