Hellow guys, Welcome to my website, and you are watching $0 DOWN MORTGAGES ARE BACK (Get Paid To Buy A Home). and this vIdeo is uploaded by Graham Stephan at 2024-03-13T13:00:00-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | $0 DOWN MORTGAGES ARE BACK (Get Paid To Buy A Home) |
| Video Uploader | Video From Graham Stephan |
| Upload Date | This Video Uploaded At 13-03-2024 16:00:00 |
| Video Discription | Set up a trust in minutes! Enjoy the benefits and privacy of putting your property in a trust today - Thanks to http://www.GetDynasty.com/Graham/ for sponsoring today's video! Let's talk about the latest proposal to tax credits to home buyers / sellers, and the new down payment assistance being offered | Add me on Instagram: GPStephan PROMOTIONAL OFFER: Get FREE FRACTIONAL SHARES when you sign up and make a deposit using my paid affiliate link for WeBull: https://a.webull.com/i/GrahamStephan GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF The White House Buyer and Seller Proposal: -The Mortgage Relief Credit Congress was called to pass a mortgage relief credit “that would provide middle-class first-time homebuyers with an annual tax credit of $5,000 a year for two years. This is the equivalent of reducing the mortgage rate by more than 1.5 percentage points for two years on the median home, and will help more than 3.5 million middle-class families purchase their first home over the next two years.” -Seller Relief Credit In this case, sellers would receive a one-year tax credit of up to $10,000 to middle-class families who sell their starter home, defined as homes below the area median home price in the county, to another owner-occupant. This proposal is estimated to help nearly 3 million families. -Down Payment Assistance “The President continues to call on Congress to provide up to $25,000 in down payment assistance to first-generation homebuyers whose families haven’t benefited from the generational wealth building associated with homeownership. This proposal is estimated to help 400,000 families purchase their first home.” -Lower Refinancing Costs They'd like to introduce a pilot program that would waive “The requirement for lender’s title insurance on certain refinances. This would save thousands of homeowners up to $1500, and an average of $750, and the lower upfront fees will unlock substantial savings for homeowners as mortgage rates continue to fall and more homeowners are able to refinance.” --Adding More Supply Under this proposal, they would “pass legislation to build and renovate more than 2 million homes, which would close the housing supply gap and lower housing costs for renters and homeowners." In addition to that, there will be a $20 billion dollar fund for housing expansion (this would help “support the construction of affordable multifamily rental units; incentivize local actions to remove unnecessary barriers to housing development; pilot innovative models to increase the production of affordable and workforce rental housing; and spur the construction of new starter homes for middle-class families.") -Drive Down Rent Prices The first effort would ban corporate landlords who use algorithms to determine the highest rent they could generate, based on nearby properties that the algorithm also monitors. Landlords love it because it leaves emotion out of the mix - but others say that it aggregates competitor data for the greater profit of the owners - and, that’s very expensive for tenants. The second would eliminate “junk fees” throughout the rental process, including “convenience fees” to pay rent online, and fees charged to sort mail or collect trash. They argue that “these fees are often more than the actual cost of providing the service, or are added onto rents to cover services that renters assume are included—or that they don’t even want.” Let me know what you think of these initiatives, if you believe they'll pass, if they'll make a noticeable difference in the housing market, and if this might help. I'll be reading all the comments, so if you comment, I'll see it and do my best to respond (especially if you're actually reading this right now) My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB For business inquiries, you can reach me at [email protected] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. |
| Category | Education |
| Tags | investing | investing for beginners | investing in your 20s | how to invest | how to invest in real estate | how to invest in stocks | stock market investing | stock market investing for beginners | stock options | robinhood | robinhood app | best stock trading app | how to be a millionaire | how to be a millionaire in 3 years | credit score | credit score explained | credit card | credit cards for beginners | passive income | how to build wealth | how to build wealth in your 20s | real estate 101 |
