Ryan Mossman
Ryan Mossman
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8 Mistakes Homebuyers Make When Buying Real Estate (And How to Avoid Them)
Buying your first home is a monumental milestone! 🎉 It’s exciting, nerve-wracking, and filled with tons of information to process. As a real estate agent based in Southern California, I've seen first-hand the common pitfalls that first-time buyers often fall into. In this video, I'll share the top 8 mistakes homebuyers make and provide practical tips on how to avoid them.
This video features insights from Peter Zeihan, a renowned geopolitical strategist and author, and Barbara Corcoran, a celebrated real estate investor and Shark Tank star. Watch as they share their unique perspectives on capital costs and real estate prices.
Key Points Covered:
Skipping the Pre-Approval: Why it's crucial to get pre-approved before house hunting.
Not Shopping Around for a Mortgage: The importance of comparing mortgage options.
Neglecting Your Credit Score After Pre-Approval: How to maintain your credit score.
Underestimating Closing and Maintenance Costs: Budgeting for the true costs of homeownership.
Skipping the Home Inspection: The benefits of getting a home inspection.
Waiting Too Long: Why timing is key in the housing market.
Not Researching Neighborhoods: Finding a community that fits your lifestyle.
Not Hiring a Real Estate Agent: How a realtor can guide you through the process.
By understanding these common mistakes, you can navigate your homebuying journey with confidence and make informed decisions that lead you to your dream home. Whether you’re in Southern California or anywhere else in the USA, these tips are for you!
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🔗 Contact me for an exclusive real estate consultation and embrace the opportunity to call Thousand Oaks home.
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💡Connect with me:
🌐Website: RMossman.com
📧 Email: Ryan.Mossman@exprealty.com
📲 Schedule a Call: calendly.com/ryanmossman/timewithryan
What is your home worth?
ryanmossman.exprealty.com/seller/valuation
Want to buy a new home?
ryanmossman.exprealty.com/contact.php
Full market update
rmossman.com/#market-updates
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Whether you're a current resident, considering a move to Ventura County, or simply interested in the local housing market, this channel is your go-to resource. I cover everything from market statistics and home prices to neighborhood highlights and expert advice. 💡💪
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Stay informed and gain a competitive edge with our comprehensive analysis of the Ventura County housing market. We'll discuss key factors influencing the market, such as inventory levels, mortgage rates, and buyer/seller trends. Our goal is to provide you with valuable information to make informed decisions about buying, selling, or investing in Ventura County real estate. 💼📊
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Join the community of real estate enthusiasts by subscribing to our channel and tapping the notification bell 🔔. Be the first to receive updates on the current market conditions, new listings, and upcoming events in Ventura County. 📣
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Got questions or looking for personalized guidance? Reach out to me! I'm here to help you navigate the complexities of the Ventura County market and ensure a smooth and successful real estate journey. 🤝🗺️
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Don't miss out on this opportunity to stay ahead in the ever-evolving Ventura County housing market. Subscribe now and empower yourself with knowledge and insights that can make a difference in your real estate endeavors. ✅
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Thank you for joining us on this exciting real estate journey through Ventura County! 🎉🏘️
#HomeBuyingTips #FirstTimeHomebuyer #RealEstateAdvice #HomeBuyingMistakes #SouthernCaliforniaRealEstate #HouseHunting #HomeOwnership #RealEstateAgent #HomeInspection #MortgageTips #CreditScore #RealEstateMarket #homebuyingjourney #peterzeihan #barbaracorcoran
0:00 Introduction
1:25 Skipping the pre-approval
2:55 Not shopping mortgages
5:03 Neglecting your credit score
6:53 Underestimating the costs
9:30 Skipping the home inspection
11:23 Waiting too long
15.40 Not researching neighborhoods
17:37 Not hiring a Real Estate Agent
19:00 Conclusion
zhlédnutí: 204

Video

RFK Jr - His Plan To Fix Housing Affordability If He is President
zhlédnutí 306Před 2 měsíci
In this video, we dive deep into RFK Jr's recent proposal to offer 3% mortgages to Americans. While the idea might seem appealing at first glance, it's essential to understand the underlying issues plaguing the real estate market. The primary concern? Inventory shortage. Join me as I break down why simply lowering mortgage rates won't solve the affordability crisis and how addressing the invent...
Thousand Oaks, Ca Best Neighborhoods 2024 #thousandoaks #bestneighborhoods #firsttimehomebuyer
zhlédnutí 97Před 2 měsíci
Discover the charm of Thousand Oaks, Southern California's hidden gem, ideal for families looking for safety, education, and community. Join me, your local real estate expert, as I explore the top neighborhoods in Thousand Oaks, California, perfect for families. I'm your local real estate expert, and I'll be guiding you through the five best neighborhoods to consider in 2024. 5. Discover Dos Vi...
Affordable Real Estate Opportunities in Thousand Oaks & Camarillo 2024
zhlédnutí 79Před 2 měsíci
Discover the truth about the housing market in Ventura County with a special focus on Thousand Oaks and Camarillo. Whether you're looking to buy your first home or looking for an affordable rental, understanding the local market post-2020 is crucial. This video looks into the critical developments and opportunities that make homeownership more accessible and affordable in these areas. Learn abo...
Ventura County Real Estate Least Affordable in the US. Oxnard - Thousand Oaks - Ventura Metro
zhlédnutí 94Před 3 měsíci
Ventura County, specifically the Oxnard-Thousand Oaks-Ventura metro area, is now, statistically, the least affordable place to buy a home in the USA, highlighting a growing divide in the American economy. This video explores the stark contrasts in housing affordability within Ventura County, shedding light on the broader economic disparities felt across the nation. While some Americans experien...
The Best Time to Buy Real Estate #venturacounty #camarillo #thousandoaks
zhlédnutí 38Před 4 měsíci
Are you wondering when the best time to buy real estate in Ventura County is? Look no further! In this essential guide, we dive deep into the factors that influence the real estate market, helping you identify the perfect timing to make your investment. From understanding market trends to analyzing interest rates, we cover all you need to know to make an informed decision. Whether you're a firs...
Camarillo California - What to Know Before Moving Here
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Ventura County Ranked #2 in Realtor.com's 2024 U.S. Forecast
zhlédnutí 55Před 6 měsíci
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Ventura County Real Estate Outlook 2024: The Next Big Wave in Southern California
zhlédnutí 63Před 6 měsíci
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3% Mortgages May Never Come Back, So "They" Say... #mortgagerates #realestate #realestatetrends
zhlédnutí 246Před 7 měsíci
3% Mortgages May Never Come Back, So "They" Say... #mortgagerates #realestate #realestatetrends
Thousand Oaks California - What to Know Before Moving Here
zhlédnutí 812Před 8 měsíci
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Camarillo California - A Great Place for Families & Real Estate Investing
zhlédnutí 99Před 8 měsíci
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Moving to Thousand Oaks: Why T.O. is a Great Los Angeles Suburb to Raise a Family
zhlédnutí 101Před 8 měsíci
Moving to Thousand Oaks: Why T.O. is a Great Los Angeles Suburb to Raise a Family
RFK Jr's 3% Mortgage Proposal Would Backfire
zhlédnutí 858Před 9 měsíci
RFK Jr's 3% Mortgage Proposal Would Backfire
🏡 Ventura County Real Estate News & Updates | September 2023 #realestate #californiarealestate
zhlédnutí 56Před 10 měsíci
🏡 Ventura County Real Estate News & Updates | September 2023 #realestate #californiarealestate
Buying a Home in California #california #realestate #realtor #firsttimehomebuyer #venturacounty
zhlédnutí 16Před 10 měsíci
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When Will Mortgage Rates Drop?? - Buy a Home Now Before The Sidelined Demand Enters the Market
zhlédnutí 64Před 10 měsíci
When Will Mortgage Rates Drop?? - Buy a Home Now Before The Sidelined Demand Enters the Market
Ventura County Housing Market Update: How is Spring Shaping Up?
zhlédnutí 69Před rokem
Ventura County Housing Market Update: How is Spring Shaping Up?

Komentáře

  • @Bob-zl4cb
    @Bob-zl4cb Před 3 dny

    You're the largest generation alive, but not ever.

  • @tourneytike13
    @tourneytike13 Před měsícem

    My dyslexia read, "top 8 mistakes hamburgers make".

  • @higherresolution4490
    @higherresolution4490 Před měsícem

    As a former teacher, a ratio of one teacher to 24 students is horrible. Your point is that it's better than other schools, and that is important to point out.

  • @WVRSpenceWestVirginiaRebel

    I went to Wildwood elementary

  • @AndreeBZ
    @AndreeBZ Před 2 měsíci

    Look at what happened to college tuition. The government should not get involved. It will only make the cost of real state astronomical. The tax payer will be left holding the bag when all crumbles

  • @ultimatemassive9501
    @ultimatemassive9501 Před 2 měsíci

    Inventory scarcity will not change what people can actually afford, and I don't see how the current trajectory is sustainable. It's simply not a good value proposition.

  • @anakaoka
    @anakaoka Před 2 měsíci

    You need a bank to balance the risk vs home liquidation value

  • @anakaoka
    @anakaoka Před 2 měsíci

    It would put the mortgage industry out of business. It would raise prices because people would get 3% mortgages on homes that are not worth the price they bid up…

    • @rmanofmoss
      @rmanofmoss Před 2 měsíci

      It would hurt the mortgage industry but it wouldn't end it because the proposal is for first time home buyers only. But I agree, as I stated in the video, it will artificially inflate home prices a lot.

  • @centurione6489
    @centurione6489 Před 2 měsíci

    After a president with senile dementia we'd get one with decades of drug abuse and anatomical brain damage caused by parasites ...

  • @raoulvandine7086
    @raoulvandine7086 Před 2 měsíci

    "promo sm"

  • @zm5513
    @zm5513 Před 2 měsíci

    Nothing will change with Democrats in charge

  • @user-hq6rz3xu6d
    @user-hq6rz3xu6d Před 3 měsíci

    saw your CZcams channel video and understood it was Very nice. But your channel has problems something, I want to show the problems. but the video doesn't get more views and subscribers because your video is not SEO. It is responsible for: 1. Channel videos are not properly SEO 2. Videos are not reaching the people 3. There is no rank tag in the Video 4. Video SEO score is 19 out of 100 but SEO score should be 95+ to rank video 5. channel tag not good 6. There is no video tag and other technical problems If you solve this problem you will get many views. i am youtube seo axperts

  • @user-hq6rz3xu6d
    @user-hq6rz3xu6d Před 3 měsíci

    saw your CZcams channel video and understood it was Very nice. But your channel has problems something, I want to show the problems. but the video doesn't get more views and subscribers because your video is not SEO. It is responsible for: 1. Channel videos are not properly SEO 2. Videos are not reaching the people 3. There is no rank tag in the Video 4. Video SEO score is 19 out of 100 but SEO score should be 95+ to rank video 5. channel tag not good 6. There is no video tag and other technical problems If you solve this problem you will get many views. i am youtube seo axperts

  • @lionelspencer-ward3527
    @lionelspencer-ward3527 Před 4 měsíci

    Maybe if you stop building oversized wood cabins that rot within 15 years the prices would not go down!

  • @GrahamQuigley
    @GrahamQuigley Před 4 měsíci

    Boo... homes are being bought up by private equity and venture capital firms, there's tons of housing available, it's unfortunate that so much property is held in the hands of so few

    • @RyanMossmanRealtor
      @RyanMossmanRealtor Před 4 měsíci

      22% of homes are owned by corporations, and many of those are smaller landlords who use a corporation for tax purposes. That said the US is still about 4 million homes short of required. But all i'm saying in this video is when rates come down, home prices will go up to do higher demand. Buying now means you can get in before home prices go up higher.

  • @karlweber9158
    @karlweber9158 Před 5 měsíci

    'Promosm' 🌟

  • @sorifsem
    @sorifsem Před 6 měsíci

    Hey bro Do you need a professional CZcams thumbnail designer and CZcams SEO Expert?

  • @alansawesomeketoworld4612
    @alansawesomeketoworld4612 Před 6 měsíci

    We have been trying sell our house in Camarillo, so we are hoping for better luck in the next month or two.

    • @RyanMossmanRealtor
      @RyanMossmanRealtor Před 6 měsíci

      I think you should see a lot more activity now that the holidays are over. Good luck! And let me know if I can help 😁 I live in Camarillo also.

  • @was3513
    @was3513 Před 6 měsíci

    No I don't live in Southern California, bye now

  • @lifetaker8158
    @lifetaker8158 Před 6 měsíci

    🤦🏻‍♂️

  • @user-zb5zo6zo4m
    @user-zb5zo6zo4m Před 7 měsíci

    Bro they take a out 200 to 300 in taxes from me every week multiply that by 7 billion what do u come up with why is America in debt by trillions if we're forking up all this tax money and why are we broke supposedly make it make sense plz

    • @RyanMossmanRealtor
      @RyanMossmanRealtor Před 7 měsíci

      The bottom line is the U.S. just spends way more than we bring in each year in taxes. There are about 160 millions taxpayers in the US and they collect about $5 trillion in taxes as of last year. We spend more than that, which is irresponsible. I recommend you check out the US Debt clock. Just google that and it will blow your mind.

  • @squidlytv
    @squidlytv Před 7 měsíci

    Shouldve just let covid do its thing

  • @datsweetsansabooty
    @datsweetsansabooty Před 8 měsíci

    It surely isn’t that black rock has been buying up properties above market value thereby inflating prices

  • @Melna2024
    @Melna2024 Před 8 měsíci

    California's a horrible place to raise your family

  • @dave3660
    @dave3660 Před 8 měsíci

    Cant be great the state is blue

  • @explorster
    @explorster Před 9 měsíci

    No matter what the American people always get fucked.

  • @scientificapproach6578
    @scientificapproach6578 Před 9 měsíci

    More homes and higher density is how you solve the housing shortage. City planners often like neither.

    • @dr_beardface
      @dr_beardface Před 9 měsíci

      City planners LOVE high density. Developers hate it and make friends on City Councils (former city planner here. lol) It's unbelievable. They make A LOT more money with large single family homes because old city building codes give a ton of tax development incentives, including almost paying nothing in taxes on profit.

    • @scientificapproach6578
      @scientificapproach6578 Před 9 měsíci

      @@dr_beardface totally false, a developer can build more units on a single piece of land without having to buy more land. High density is significantly more profitable as long as you have demand which we currently do. This is why the only thing profitable in large cities is high-density because the land is so expensive.

  • @tslonaker4609
    @tslonaker4609 Před 9 měsíci

    Look what happened when the government decided to back student loans. Collages & loan companies took advantage of that, and the price of collage sky rocketed. It was a money free for all and it still is. Every time the government tries to fix something they make it worse. It'll be wise to keep the government out of real-estate. incentivize building, stop voting for idiotic politicians that put in place policies that effect new construction in a negative way & ban institutionalized buyers.

  • @skg-rg6mh
    @skg-rg6mh Před 9 měsíci

    I don't think you understand the plan at all. Govt co-signed loans to private borrowers does not increase debt, it does increase GDP, keeping debt at the same level, meaning debt to GDP ratio goes down. He previously said the plan would include anti-trust enforcements, liquidating SFH assets from corporations and bringing back derelict grounds to market. That would significantly lower cost of housing and restore free market. Blackrock runs the housing market now

  • @sombreronarco8566
    @sombreronarco8566 Před 9 měsíci

    The policy seeks to prioritize first-time family homebuyers by implementing measures that challenge the ease with which corporations, particularly LLCs, acquire homes. Some of these corporations, leveraging their more favorable financing options, contribute to escalating demand and home prices.

  • @kiandrah8517
    @kiandrah8517 Před 9 měsíci

    It isn't a scheme to address housing affordability. It is a scheme to get first homeowners into the market. They are two very different issues. Demand doesn't push prices up under these schemes because there is a sale price limit placed in the qualifying criteria. If you can afford an expensive house as a first home owner buyer you don't need a scheme to help you buy it..... Thus the limit kicks in.

    • @RyanMossmanRealtor
      @RyanMossmanRealtor Před 9 měsíci

      I’m not aware of any limit mentioned in his proposal. He argued that median home prices have soared from $215k to over $400k in his CNBC interview, so I believe he thinks affordability is a factor and thus prices. Supply and demand does affect prices and 3% mortgages would cause more demand but doesn’t solve the supply issue, which is why I argue prices would continue to go up with this plan and that the plan misses a big part of the equation. As it is just a political proposal, there aren’t any actual numbers or limits mentioned. All I’m really saying is IF we have thousands of first time homebuyers approved with 3% mortgages without more supply hitting the market, this would undoubtedly cause prices to go up. So yes it will help get first time homebuyers on the market like you say but it will also lead to home prices going up higher and becoming even more unaffordable.

  • @kiandrah8517
    @kiandrah8517 Před 9 měsíci

    It wasnt a plan to stop home prices to go up. It is a plan for getting the first home buyer into the market.

    • @RyanMossmanRealtor
      @RyanMossmanRealtor Před 9 měsíci

      I understand. I agree with you. The point I’m making is we already have more demand than supply, so if we give more people lower mortgages, demand will continue to go up higher which will cause prices to continue to go up. There’s a full video with stats if you’re interested. Thanks for watching!

  • @tylernewman9315
    @tylernewman9315 Před 9 měsíci

    How are there constantly shortages when We have All We need?

  • @everetttokio5405
    @everetttokio5405 Před 9 měsíci

    To bad he's nuts

  • @bjaxxx80
    @bjaxxx80 Před 9 měsíci

    We have plenty of houses. New ones are built every day. One problem is all the 55 and older communities being built. But also greed. The answer to most problems is greed

    • @AngelReyes-vc1be
      @AngelReyes-vc1be Před 9 měsíci

      Yes sir the problem will always be greed and now a days people are trusting less In banks and purchasing tremendous amounts of land just to park money. This issue isn’t something we have control over anymore being that more US land is owned by ppl in other countries than Americas. China is the largest owner of American land.

  • @benjaminruckman6352
    @benjaminruckman6352 Před 9 měsíci

    Send back illegals. That would help

  • @koajudd50
    @koajudd50 Před 9 měsíci

    #Trumpwouldbebetter🎉🎉🎉

    • @Android-Zen
      @Android-Zen Před 9 měsíci

      #trumpprintedtrillionsofdollarsanddidntdraintheswamp

  • @devinlause9669
    @devinlause9669 Před 9 měsíci

    Where are we going to put the millions of immigrants?

    • @Linda-sk9hl
      @Linda-sk9hl Před 9 měsíci

      All 22 MILLION+ ILLEGAL ALIENS should be sent back to their countries of origin NOW! RFK Jr is STILL a socialist-democrat who expects American taxpayers to PAY for their FREE RIDE in America. Our pockets have already been picked clean! We need OUR MONEY to support our own families! Do not be deceived!

  • @jonm4501
    @jonm4501 Před 9 měsíci

    And Wall Street Investment Banks are buying up the affordable homes and turning them into rentals.

  • @murtbuggy1
    @murtbuggy1 Před 9 měsíci

    Of course it would. What a SOB that RFK guy is for even suggesting it. Leave us alone RFK, we dont want your plans for affordable mortgages, or to own our own homes so get lost.

  • @dannyz4949
    @dannyz4949 Před 9 měsíci

    *Promo sm* 🤷

  • @jonjonsmth8688
    @jonjonsmth8688 Před 10 měsíci

    NONSENSE. I live in Northern VIrginia, the average house is over 700,000. New houses are between 900,000-1,20000. Meanwhile the average income is 55k. The housing market is going to crash. Its not sustainable. Only reason its still tottering is because Congress keep bailing out these businesses. House sales are down 20%. No family making 100,000 a year can spend 5,000 a month on a mortgage.

  • @DevonBagley
    @DevonBagley Před 10 měsíci

    This is assuming that rates will come down at all. That would be a very bad move by the fed right now. Also, inventory isn't really the issue as much as it's sellers trying not to lose money. At the current rate of sales we have over a year worth of inventory in my town, but the investors are keeping the listings priced as high as possible because they aren't desperate to sell yet.

  • @jessa1895
    @jessa1895 Před 10 měsíci

    My mortgage is fixed rate so I’m cool with this 😂

  • @misterknightowlandco
    @misterknightowlandco Před 10 měsíci

    Yeah eventually no one besides black rock will be able to buy a house… which is what the system wants… you’ll own nothing and like it

  • @johnjay6370
    @johnjay6370 Před 10 měsíci

    I agree,

  • @DCAANDPRAY
    @DCAANDPRAY Před 10 měsíci

    Stop asking when mortgage rates will come down and start asking, when will wages go up?

  • @margaretjulina1149
    @margaretjulina1149 Před 11 měsíci

    *promosm*