Home Mortgages 101 (For First Time Home Buyers)
19:43
YouTubeMarko - WhiteBoard Finance
Home Mortgages 101 (For First Time Home Buyers)
This video is the ULTIMATE GUIDE to home mortgages. A mortgage is one of the biggest and longest-term loans that a household will ever take on, so it makes sense to understand it inside and out. In this video we will talk about: 1. The 4 factors that make up a home mortgage 2. The 7 different types of mortgages 3. A live demo through my home ...
706.1K viewsAug 6, 2020
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💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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