The TRUE COST of Buying a Home (It's MORE THAN YOU THINK)

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00:00 The Importance of a 20% Down Payment
03:02 Navigating Private Mortgage Insurance (PMI)
03:41 Additional Upfront Costs: Closing and Moving Expenses
05:15 The Lifestyle Trap: Buying Over Affording
06:21 Sign up for Delete Me
07:32 Homeowners Insurance Crisis: Rising Premiums and Natural Disasters
09:34 Insurance Rate Projections: State-by-State Breakdown
13:38 California Insurance Increases and Unexpected Moves
14:29 Mansion Tax: A New Burden for Home Sellers
18:21 Court Ruling on Eviction Moratorium: Landlord Rights Upheld

People have been brain washed into thinking that if they can come up with just 3 1/2% down, they can get into an FHA mortgage and that's all it's gonna cost to get into a house. But the reality is the expenses just to get into a home, never mind maintaining one are much higher than what many first time homebuyers think it is. Here's the breakdown.

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Articles Mentioned in the Video
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https://www.realtor.com/advice/financ...

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