Learn a lot from you tomorrow we get the keys for our new home 🏡. I watched so many of your videos before we began looking. Thank you keep up the good work. Southern California viewer.
@nickeasbeautycreations1845
5 жыл бұрын
Joel Govea congratulations
@JavyVidana
5 жыл бұрын
Joel Govea congrats!!0
@LucasGabriel-uu4hz
4 жыл бұрын
Cheers for the video content! Excuse me for the intrusion, I am interested in your thoughts. Have you researched - Bonincoln Wordless Authority (Sure I saw it on Google)? It is a smashing one off product for getting finance for your business without the headache. Ive heard some interesting things about it and my friend at last got astronomical success with it.
@pixiebabe9381
3 жыл бұрын
Hi how much are closing costs typically in California. Az local wanting to move to California. Husband has family in OC.
@Dodgers69
3 жыл бұрын
Oh shit, sup brother.
@KL00100
4 жыл бұрын
Closing cost is the ransom and protection money you pay for your home.
@feliciau3368
2 жыл бұрын
I recently signed a contract and they sent me a bunch of numbers looking like I needed extra for closing costs. I was watching this with tears in my eyes totally discouraged and you talked about sellers concessions. Which my realtor talked about was in my agreement. Now I'm smiling. Thanks for the video
@macey8578
3 жыл бұрын
Then "i hope i reach 10k" Javier now; sitting at over 100k💜💜💜
@etell221
4 жыл бұрын
Thank you for taking the time to break everything down for us newbies. Keep up the good work brother.
@karlaestrada4467
4 жыл бұрын
Thank you
@DayanaPlays
3 жыл бұрын
Good luck on your real estate journey 🏡😊
@eljam82
4 жыл бұрын
Checking this vid for the 1st time. I'm glad you triple the wished amount of subscribers within a year. Hopefully by 2021 you'll get to 100K subs
@monicarenee7949
3 жыл бұрын
I’m here in 2021, and he did hit 100k! 😁
@UncleLarrySF
2 жыл бұрын
3 years later 10x+ your goal Javier. Good job bud! I've learned so much from your channel. Keep up the great work and continued success!
@TanishaJonesthelovelymissjones
4 жыл бұрын
Thank you for taking time for explain thoroughly for the first time home buyers and for those of us who aren't as informed on the home buying process.
@TheGuitarman1968
3 жыл бұрын
Another way to get some, or all of the closing costs paid, is to buy a NEWLY BUILT (tract, not custom built) home. Most builders will pay all, or a portion of the closing costs, if you use their lender. The builder gets a kickback from the lender, but you get the closing costs paid. I have done exactly this with the last 2 new homes I purchased. The fun part of buying a new home is that you get to pick the lot, and upgrade options, as well as watching the house being built. The drawbacks of buying new are that you have to wait up to 6 months (depending on weather) for the house to be built, and you also need to save money to landscape the backyard (the front yard is usually done by the builder). New homes also cost just a little more than a comparable preexisting home, so you have to take that into consideration as well. I just wanted to give another option that was not mentioned in the video. Good luck everyone!
@brandonlovestech454
3 жыл бұрын
I’m going through this exact situation. We built a new construction spec home. We picked out all our materials and upgrades, lot and layout. The 6 month wait sucked at first, but it gave me additional time to save more money. I already had my down payment when we signed the contract, but man is it nice having an extra $10k saved up. Our builder paid 2% of the closing costs and the lender paid $1500. On a $275k home my down payment and closing cost total is $9k with an FHA at 3.5. Not bad at all
@BigmeechT
3 жыл бұрын
@brandon sumner wow thats amazing, if you dont mind sharing what state did you buy in?
@andrewjarvis7777
2 жыл бұрын
so you've used or researched all or most builders and know they'll do that? that's amazing LMFAO. mOsT bUiLDeRs dO tHiSssSSSSs
@TheGuitarman1968
2 жыл бұрын
@Andrew Jarvis Actually, part of the home buying process is not only choosing the exact house you want to purchase but also researching builders (if buying new construction), lenders, and real estate agents in advance. No, not all builders and lenders give "incentives," but a lot of them do. As home prices and interest rates continue to climb steadily, fewer people are going to be able to afford to purchase a home. This will give builders and lenders more of a reason to help enable people to purchase a home so that they can make a sale and, therefore, a profit. I live in California, where this incentive practice is very common do to the very high prices of homes. I have also purchased quite a few homes (new and older) over the years, so yes, I do have a little experience with the home buying process and know what I am talking about. 🙂
@andrewjarvis7777
2 жыл бұрын
lol
@dannah808vale8
2 жыл бұрын
Subscribed!! In the process of closing cost now. This really help with closing costs 101
@Th3lite
4 жыл бұрын
I was going to attempt to finance a home by the end of the year. But I’m going to put myself on a savings plan and by this time next year I should have a better down payment and be able to pay my closing costs.
@gamesmasher4789
2 жыл бұрын
im just now looking to buy a house here in 2022 and even tho your vids are a little outdated they've been able to help me along with the whole process and fore that I thankyou
@kendrac8885
3 жыл бұрын
You ended the video perfectly to show us how to get help with closing costs!! Thankyou so much!
@Mind_Trails
5 жыл бұрын
Just subscribed! I love how honest and real you are. Your videos are one of the most helpful I've seen! Thank you
@zoewimmers9330
4 жыл бұрын
He explained closing costs very well!
@Franks479
2 жыл бұрын
from 10k to 121k subs in two years! congrats on the growth and exposure. Your channel is awesome!
@dakewlwon
4 жыл бұрын
Thanks for this video I was condo shopping earlier this year but had to put the brakes on that and just rent due to high HOA fees and other HOA requirements. Now we decided once our lease is up we want to move away from South FL and buy a Single family house in SC. Your video gave me a much better idea of what the closing cost breakdown will be which I was always unsure of the true costs involved in purchasing a place. Keep it up! 👍🏻
@JavyVidana
4 жыл бұрын
Happy to help!
@brandylemmon3361
4 жыл бұрын
@dakewlwon Where do you plan to relocate in SC?
@mbealhighjump
3 жыл бұрын
Watching Javier nearing 10k subscribers, at the start of this video, and now sitting at a healthy 47k followers is so up lifting.
@crashtheking439
3 жыл бұрын
what I loved the most, was the Donkey Kong song at the end
@zoewimmers9330
3 жыл бұрын
Such an important topic! I always make sure to discuss this with my clients and first-time homebuyers. Great video!
@One-12937
3 жыл бұрын
Don't sellers usually pay for closing costs?
@Matt-wf7ry
3 жыл бұрын
I always split closing costs when I am buying or selling - makes no sense to have the buyer pay for all the closing cost fees.
@OmarLopez-kh3dx
3 жыл бұрын
Are you a realtor too? Are u allowed to do that im California
@Matt-wf7ry
3 жыл бұрын
@@OmarLopez-kh3dx Unfortunately I do not know California laws/regulations when it comes to closing costs, I purchase/sell in MN and you can split the fees equally or at a different percentage. A lot of sellers of course will wait until an offer comes along where the buyer pays for all the closing costs though and in the market today they have no problem getting that.
@darkexcalibur87
3 жыл бұрын
But the seller pays all the realtors including the buyers agent, which is a pretty big cost. In general I've heard that most of the costs are actually on the seller and I do think it's a fair split.
@seaglass6771
2 жыл бұрын
Would love to see a video on how to get discounts on closing costs (besides seller’s concessions). For example, how would you (as a realtor) like to be asked if you would be willing to take less of a commission to help cover closing costs?
@IvyWinter
5 жыл бұрын
Our closing costs are going to be about 15,000. YIKES but, totally normally here in Northeast. We close in 24 days if all goes well and your videos have been invaluable! all the luck in reaching 10k subs!
@JavyVidana
5 жыл бұрын
Wow! Are you sure that doesn’t include your down payment too?
@IvyWinter
5 жыл бұрын
@@JavyVidana Nope, its separate. The house we're buying is $750k (New Jersey so again, everything is much more expensive!) and we're doing a 20% downpayment. taxes are nuts so that doesn't help either, we're looking at over 1k a month on property taxes. I was OK with moving to another area of the country but husband does very well at his current job in the city so here we stay! I also grew up in NYC so...i think my thoughts on normal prices of things are SUPER skewed haha
@emartinez2809
5 жыл бұрын
Javier Vidana so closing cost are separate from down payment?
@JavyVidana
5 жыл бұрын
Ellie M yes and no. They are separate, but at the end of the transaction they all get combined together as the “cash to close”.
@maxward2793
2 жыл бұрын
Real Life Example Here (Closing Friday): 345k / 5% Down Earnest Money = 5k Total Cash to Close (does not include earnest money) = 19,500
@rawlee6719
Жыл бұрын
Congrats! I thought the EMD is part of the closing cost 😮 so you paid close to 25k ?
@somecalvinist6875
4 жыл бұрын
I’m making an offer tomorrow in Massachusetts and my closing costs are 7000 and add up to 13000 in the end.
@serg_lupescu
5 жыл бұрын
Dude you’re so close to the 10k! I’ve been sharing your channel consistently! 🙌🏼 Great topic man. You know you’ve got a great realtor when they get the closing costs paid by the seller 💯
@JClives4U
4 жыл бұрын
He has doubled that!
@Joaquin77
2 жыл бұрын
December 3rd, 2021. Hes now at 125K subscribers!! Nicee
@kawannadixon4327
4 жыл бұрын
Wow the closing cost is a beast 😵
@DayanaPlays
3 жыл бұрын
Yes I paid over 10k for my duplex
@DarknessFalls29
4 жыл бұрын
11 months later and you have over 24k subscribers! Congrats and keep all the good info coming.
@vickyandersen8660
3 жыл бұрын
77.2k
@kyleguy2305
4 жыл бұрын
My anxiety is through the roof after watching this
@mt8933
4 жыл бұрын
right!! im freaking out and im going to make an offer today.
@CiscoTekVR
4 жыл бұрын
Did He just talk me out of buying a house 😱
@mikegarcia9908
4 жыл бұрын
Omg same
@MrMiddlesteelfinga
4 жыл бұрын
True Story...
@akajiblubb2401
3 жыл бұрын
why? 7000 for closing fees? that alone costs taxes here in germany. 7k is a small number.
@robertcornelisse8664
4 жыл бұрын
Your channel is gold, i like how you explain things. I wish i knew someone like you in NJ. We are in the process of buying a house. I liked your video and start follow you
@JoeJoSoulChild
4 жыл бұрын
Again I Wish I saw this before signing ! Haha... I’m in the Bay Area, Ca and Closing this Friday signed my documents today and All those Fees added up just at 8k in Closing Costs...I wish I didn’t just stick with the Broker/Lender I was using for convenience and shopped around. On the next house 🏡
@OmarLopez-kh3dx
3 жыл бұрын
8k aside from your down payment??
@cristinacasas7102
4 жыл бұрын
You are amazing !!!!!! Thanks for explaining it all in a simple way !!! I have binged watch you’re videos 😂😂😍😍😍
@LuisMedina-zs2hm
3 жыл бұрын
Buying a new home with pulte. 7k incentive for closing cost but the closing cost at 14k. House is 272k
@Mighty-VizioN
3 жыл бұрын
I love to hear about property tax. Here in the Chicagoland area, PT is insane. It make no sense at all. I came across a house for $97,000 with the PT at $5000. Another house for $235,000 with PT at $1200. But the average PT is around 5 to $6000 no matter how much the house is. It's very strange, but I'm sure they have a system that determines how much tax each property has. I often see the monthly tax as the largest payment on the monthly mortgage.
@carefulconsumer8682
Жыл бұрын
Thanks for reviewing this Javier.
@Jah42O
3 жыл бұрын
Pretty sure I could do what the title company does myself!!
@darkexcalibur87
3 жыл бұрын
I'm pretty sure that's allowed as long as you know how to do it!
@almostkinda
2 жыл бұрын
Your videos have helped me a lot. I like your cadence. It's relaxing for such an anxious thing.
@harshfish1
4 жыл бұрын
I'm shocked by almost 6% for closing in PA. So I need 20-25k for 300-400k house....
@twistthrottleatv3504
4 жыл бұрын
I dont live anywhere near you, but greatly apreciate the info you share. Thank you!
@peffleyc
3 жыл бұрын
This is the most helpful KZitem account I’ve subscribed to!
@ayanairby8150
3 жыл бұрын
Closing on my house in a few weeks and this video was very helpful. Very informative. God bless!
@Mizz810
Жыл бұрын
Can you please make a video on eminent domain, we already own a home there's an airport near by. They made 3 blocks away from airport commercial now. Our home is now commercial land . I just hope we get fair value for our home. We are in California
@traceyg3714
3 жыл бұрын
Your videos has helped me a lot in my home buying process Good Job
@djdomester
4 жыл бұрын
I’ve learned a lot from this channel thanks man 🙏🏼 I will share this channel with all my friends !!
@gilbertvancitters
2 жыл бұрын
Thank you, this was a great video really laid out things well. Appreciated the quality and clarity. 🙏
@lukitas207
2 жыл бұрын
These fees remind me of when you buy concert tickets online lmao
@mariafitts
3 жыл бұрын
You are the best I’ve seen thus far. You make it look easy
@DayanaPlays
3 жыл бұрын
Great video! I paid 10k in closing costs for my duplex. It’s crazy how expensive closing costs can be’ Theyre at times more expensive than a down payment
@lokienvy
3 жыл бұрын
Thank you. I'm not wellversed in real estate and these videos help so much.
@ltetelestaio3
2 жыл бұрын
Wow! You wanted to reach 10000 subscribers and I'm watching your video with over 130k subscribers. Good job!
@chevyguy2063
4 жыл бұрын
$700 a year in taxes!!! Add another zero to mines 😭
@chevyguy2063
4 жыл бұрын
Woke Media 2020 I hate Illinois and New Jersey taxes
@davidyuperez6309
4 жыл бұрын
6k 💀
@chrisreynolds6391
3 жыл бұрын
Also add about 20% to whatever the lender tells you when you ask.
@DayanaPlays
3 жыл бұрын
Seriously over here in Florida we’re past that as well
@coolbeans6763
3 жыл бұрын
All tax deductible my friend
@Lavida-melody
3 жыл бұрын
Hello! First time home buyer! I just stumbled upon your channel and subscribed immediately. You provide amazing insight on first time home buying. I loved the outro music, took me back to my DK playing days 😂 keep up the awesome work!!
@lcatrn6850
3 жыл бұрын
Looking at this makes me mad because I recently bought and sold a house and it makes me want to barf the money I lost in these closing costs :(. I was mad! Really mad. Still am. Cringe thru this but next time I'm gonna nit pick it!!!
@newbeginnings9457
3 жыл бұрын
You think it’s Free? 😆
@dacr0708
4 жыл бұрын
Ok but do you realize that if it’s worth 200k and your offer is 206k so they can pay the closing cost. Well the lender doesn’t accept that their LTV can’t be more than the 96.5 unless it’s a VA. So you would still need to come up with the 6k out of your pocket
@musthaf1
5 жыл бұрын
sent it to my work discord group, best of luck bro
@GirMommie20
2 жыл бұрын
Thank you for uploading these videos! Hopefully one day my husband and I can purchase a home in the 818.
@WhenThingsGoSouthNJ
3 жыл бұрын
And now you got 80k! Good job man!
@istarfreak
4 жыл бұрын
I never understood what are the purposes for processing fees? We're essentially paying a company to do their job on top of the service fee. It's lame 😒
@TeslaBoy123
4 жыл бұрын
Easy to understand bcz real estate market is a legal scam 👎
@tehrube
3 жыл бұрын
Thanks man, really helpful, appreciate the DK music at the end
@jimmymoua
3 жыл бұрын
Just stumbled upon this video, we're starting our home buying journey so thank you for the information! Also that Donkey Kong outro music though!
@guscolburn3708
3 жыл бұрын
This video was very helpful and very thorough!
@bruiser51423
3 жыл бұрын
The Donkey Kong outro music though 🤣🤣 what a throwback!! SUBSCRIBED‼️
@Cwho9ss
2 жыл бұрын
Live in pa here, my closing costs got quoted at $17,000. I have good credit too and putting 25% down.
@ambassador8524
4 жыл бұрын
I love that you have a Destiny Ghost over your shoulder like a guardian! Let me guess your a smash Titan?
@TheLucky17
2 жыл бұрын
You're a great guy Javi, happy for your 10k
@GoProMeetsAeon
5 жыл бұрын
Do you have a podcast?? I would to listen to your videos in the car or on my commute to work! Currently a young 24 yr old looking to buy my first house to house hack!
@JavyVidana
5 жыл бұрын
HD EDITS I’ve been thinking about starting a podcast and call it “Millennial Mentorship”. Basically me talking to other millenials who are successful at certain parts of life, so basically it’s millenials mentoring other millenials.
@GoProMeetsAeon
5 жыл бұрын
@@JavyVidana please do! I'll be your daily Listener
@solaruniversity318
5 жыл бұрын
I Would listen As Well!!!
@tamararene5913
4 жыл бұрын
@@JavyVidana during this time of COVID-19, please start your podcast 🙏🏽
@evad33
3 жыл бұрын
Thanks alot Javier you helped me finally understand what’s closing cost!
@beddythecorgi4269
4 жыл бұрын
Common mistake to say increase the price to get closing cost. You insurance, your taxes, your title policy and yes realtor commission goes up. It is almost always a net loss vs just finding a way to cover your own DP. DP suck but you really should be asking yourself if you can even afford the house if you can't even cover the DP and CC.
@kawannadixon4327
4 жыл бұрын
Thanks for sharing this is very valuable information
@lilmamma807
4 жыл бұрын
This is a very helpful video. Thank you so much for sharing.
@aknv_
2 жыл бұрын
thank you! you're a great teacher, javier!!
@alfaastrix
4 жыл бұрын
Your videos have really helped me, but after watching all these, I feel like I'm doing something. Sorry but it seems odd to me for everyone to just have $10K+ in the bank with how many houses are bought and sold. I'm going to be 30 next month and it'd take me an entire year of saving EVERYTHING extra to have that much just sitting in the bank.
@702xRyder
5 жыл бұрын
I'm on escrow for a house I can tell you this shit is stressful and so many hidden fees and bullshit , be ready for a rollercoaster
@librasunmoon8513
2 жыл бұрын
Man this video was so informative! Thanks 🙏🏻
@Ahowland75
4 жыл бұрын
Eyes up guardian. I like the ghost in the background. Thanks for the breakdown video i understand a lot more now.
@JavyVidana
4 жыл бұрын
Thanks man! I play destiny on twitch to check it Out if you have a twitch
@alejandromorales5822
2 жыл бұрын
Thanks for the info. Strait to the point, I like it! You definitely answered my question in how the seller can pay for closing costs. Buying a house from my friend and trying to do sell by owner. We'll definitely increase the price that way he can pay for closing costs. (Any extra info will help) thank you.
@nolan1187
4 жыл бұрын
What about a courier fee, lender's endorsements, loan service fee, notary fee, recording service fee, settlement fee?
@done2vsevol
5 жыл бұрын
Shitttt i been here since 300 SUBS🤗
@DayanaPlays
3 жыл бұрын
The real MVP 👏🏽
@Teaparamiporfavor
3 жыл бұрын
I really liked these video series. I love it.
@alexmoreno6016
5 жыл бұрын
Javier when is the market going to cool down here in Phoenix I keep getting outbid, or houses are gone within a day or 2 it's crazy out here!!! Great videos keep up the good work!!!
@tamikaa2020
5 жыл бұрын
Alex moreno Same here in Atlanta
@JavyVidana
5 жыл бұрын
Haven’t had that problem myself. Crazy market means you have to make the right offers. Can’t be specific since you’re working with another realtor in my specific area,l and I don’t like stepping on other realtors toes. Best of luck!
@prncessbaby16
4 жыл бұрын
Same in Vegas currently.
@blockpartysaint2582
4 жыл бұрын
Yeah its crazy in atl! Me and my wife kept bidding and getting beat. We were so frustrated with losing out that we made a crazy over bid on the house we fell in love with. We bid 7000 over asking price and didn't ask for any closing help. But on the back end now that we close in 10 days we're just finding out closing is going to be 9000. Smh! We have the money but geez that seems a bit high for $230,000 house. I imagined it would be about 7000 tops.
@prncessbaby16
4 жыл бұрын
@@blockpartysaint2582 that is high! Our closing costs on $225k- $230k were supposed to be $6,000 at the max, but it's estimated around $3,500-4,500
@luliig
2 жыл бұрын
Love this thank you so much for this info!
@AudreyRozier
2 жыл бұрын
This video is so good. "The goal is 10,000 subscribers". As I look at you with 114,000 subs :)
@evensschneider3218
5 жыл бұрын
Great info, thanks for sharing.
@fijibluefg2982
4 жыл бұрын
I appreciate the donkey Kong music. Great helpful video thanks.
@dewismi
2 жыл бұрын
My Question is why we need to pay Real estate taxes full year in front and Premium home insurance full year in front ? My second Question is what the difference between Property taxes and Real estate taxes? Thank you 🙏
@okemejuru8819
3 жыл бұрын
I like your attitude. Good review.
@hyper_intuition
2 жыл бұрын
Just subbed seen a few videos been learning hope you make it to 10k soon
@masonball5
Жыл бұрын
Are closing costs paid up front by buyers or rolled into the mortgage?
@shannonhartley5807
2 жыл бұрын
Such great content and explanations!
@Alex-pv6vb
3 жыл бұрын
Way more than 10k subes today, good job bud
@ruthless12street
4 жыл бұрын
Great video answered a lot
@JavyVidana
4 жыл бұрын
Thank you!
@ernestsanchez4865
Жыл бұрын
Good info, thanks
@1Letter23Numbers.
3 жыл бұрын
SUBSCRIBED. Thanks for the info.
@loopy3718
4 жыл бұрын
Me and my husband are desperately wanting to get a place of our own. But the couple realtors we got aren’t wanting to take us seriously. I know we are young but we saved up, have amazing credit and stable jobs, started a small business which I see a lot of potential in. We live in Georgia. Do you have anyone you recommend? Thank you
@LAW87KY
5 жыл бұрын
Thanks for being clear and not creepy!
@JavyVidana
5 жыл бұрын
Not creepy? Thanks! Lol
@Zay408er
2 жыл бұрын
I like the DK outro song
@jaybe2k12
4 жыл бұрын
At first I thought your closing song was from Aladdin, but then realized it's from Donkey Kong
@kellythesinger2945
3 жыл бұрын
Cool Javier, he seems so grim most of this clip. He knows the real estate business is fought with scams... bankers !
@Marietaylorrr_
3 жыл бұрын
I’m in PA, and my estimated closing costs for. $200k home is $12k - $6k in preloads/reserves + $6k in closing fees... anyone else in PA can confirm this sounds about right? And this is NKT including any down payment.
@ImKarlaJo
2 жыл бұрын
Hey FYI you still pay a notary even if you sign at the title office. 😀
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