How To Plan For The COVID 19 Real Estate Rebound As A Home Buyer | Interview With Real City Group

As COVID-19 makes life harder for home buyers, the ones who will capitalize on the best purchase and mortgage deals are the ones who do not delay their planning for the rebound. I was lucky enough to get the whole Real City Real Estate Group to shed light on first-hand market intelligence they are getting from their clients and network. If you are “waiting things out” for now, make sure you are doing so with a plan to grow your future wealth rather than contribute to Netflix’s stock price! Getting a mortgage pre-approval, being up to date with the market through Real City Group will help you save big. Creating a plan of attack can help you avoid paying $10,000 more than you need to with mortgage financing alongside avoiding multiple offer situations and not overpaying for real estate as the market rebounds. Timestamp: 0:15: Is it a seller’s market or a buyer’s market? 2:08 Introducing Real City Group 3:40 How COVID-19 is affecting the housing market and how institutions are helping to prevent a market crash 5:10 Are house showings still allowed? 6:51 How COVID-19 provides an advantage to those selling properties 9:08 Have current events created an opportunity to virtualize real estate? 10:27 What should homebuyers consider and what are the changes we should expect to see over the next few months 12:42 Are there any indicators that the housing market will drop? 15:22 How current events are affecting pricing reductions 18:00 How banks and lenders are responding to potential COVID-19 layoffs 21:07 The two ways to look at real estate and how this affects views on market health 24:05 Can breaking a mortgage be profitable? 25:45 What the current fixed and variable rates are and why 28:20 How long can you hold the rates? 29:30 How to plan for the resell and why it’s important to invest in experienced sellers 35:50 What is the relationship between the stock market and real estate market? Subscribe to Level Up Mortgages YouTube Account: http://bit.ly/LevelUpYouTubeSubscribe Email Paul to Level Up your mortgage planning: paul(at)levelupmortgages.com Talk to us or if you want some quick replies, connect with our Facebook Messenger Bot: http://bit.ly/MyMortgageBot Got Mortgage Questions? Trying not to freak out about something that’s stressing you out? We got you 🙋🏽‍♂️🙋‍♀️ + Get immediate answers without needing to talk to a human 🤖 http://bit.ly/MyMortgageBot + Email me and check out our website: paul(at)levelupmortgages.com | www.levelupmortgages.com 👨🏽‍💻 + DM me on Instagram if you want to get more personal 📱 https://www.instagram.com/levelupyourmortgages/ + Get LinkedIn if you want to check our credentials 😎 https://www.linkedin.com/in/pauldavidescu/ + Tweet at me if you hang out there 🐦 https://twitter.com/levelupmortgage + Check updates on our blog to do a deep dive 🔎https://www.levelupmortgages.com/blog