Winning Your Dream Home Cost Me $101,735 (The Math They Hide)

Описание: You just won the bidding war for your dream home. Congratulations—you also just lost over $100,000.

This video breaks down the invisible math that happens when you win a bidding war. Not the purchase price. The real cost: mortgage interest on overpayment, property taxes on inflated value, insurance costs, opportunity cost, and the equity you'll never recover.

I walk through every calculation with real numbers. By the end, you'll understand why winning a bidding war is actually the most expensive mistake you can make in real estate.

🎯 WHAT YOU'LL LEARN:
The Winner's Curse Penalty (and why it costs you $15,000+ immediately)
How to calculate the TRUE 7-year cost of overpaying
Why your real estate agent benefits from you overbidding
The mental model that changes how you think about home prices
5 practical experiments to avoid losing $100k+ on your next offer

📊 THE MATH BREAKDOWN:
$40,000 overpayment
$7,350 in extra mortgage interest (7 years)
$1,260 in extra property taxes (7 years)
$525 in extra insurance (7 years)
$37,000 in lost investment returns
$15,600 in lost returns on down payment
= $101,735 total cost of winning

This isn't about being cheap. It's about understanding what you're actually trading when you submit that winning bid: years of your life.

⏱️ TIMESTAMPS:
0:00 - The Kitchen Table Decision
0:45 - The Invisible Problem Nobody Calculates
1:30 - The Winner's Curse Model Explained
2:30 - Forensic Math: The Real 7-Year Cost
5:30 - Why You Can't Unsee This
6:30 - Who Benefits When You Overpid
7:30 - The Time-Money Reframe
8:30 - 5 Practical Actions For Your Next Offer
9:15 - Why Losing Is Actually Winning

📚 RELATED TOPICS:
Real estate investing psychology
Behavioral economics in home buying
Bidding war strategies
Winner's curse explained
Opportunity cost calculation
Time value of money
Real estate agent incentives
Housing market psychology
Home buying mistakes to avoid
Financial independence and real estate


💬 QUESTIONS FOR YOU:
Have you ever been in a bidding war? Did you calculate the real cost before submitting your offer? What would you do differently now? Let me know in the comments.

If this changed how you think about home buying, hit subscribe. I spend way too much time thinking about the invisible cost of being right.

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LEGAL DISCLAIMER: This video is for educational and entertainment purposes only. It is not financial, legal, or real estate advice. Consult with qualified professionals before making any real estate decisions. Individual circumstances vary significantly.

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#MoneyMistakes #RealEstate #HomeBuying #BiddingWar #FinancialEducation #RealEstateInvesting #HousingMarket #MoneyPsychology #PersonalFinance #WealthBuilding #InvestmentStrategy

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