The 1st Time Homebuyer Show w/ Gizmo by House Rich

The 1st Time Homebuyer Show w/ Gizmo by House Rich

By Dave Ball @HouseRichDaveBusinessInvesting
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The 1st Time Homebuyer Show w/ Gizmo by House Rich episodes

  • 182: Squatter's Right's Explained: NYC squatter has homeowner arrested after breaking into her $1m home

    I explain the history behind squatter's rights and why

    they still exist today. Most people confused squatter's rights, the right of
    tenants and criminals that have illegal broken into a property and are abusing
    tenants right's to stay in the property.


    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/  

    I also cover solution's to the squatter epidemic an well are

    talk about a guy name Flash Shelton, the "Squatter Hunter" and how
    you can hire him to get rid of squatters

     

    "A New York City property owner recently ended up in

    handcuffs following a fiery standoff with alleged squatters who she has been
    trying to boot from her family’s home, tense footage shows.

     

    Adele Andaloro, 47, was nabbed after changing the locks last

    month on the $1 million home in Flushing, Queens, that she says she inherited
    from her parents when they died, ABC’s Eyewitness News reported.

     

    “It’s enraging,” the homeowner said of the squatter saga.

     

    “It’s not fair that I, as the homeowner, have to be going

    through this.

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    16 min
  • 181: Breaking... $418M Realtor lawsuit settlement & its impact on the 1st time homebuyer

    I cover the impact of settlement where National Association

    of Realtors will pay $418 million in damages and will amend several rules that
    housing experts say will drive down housing costs. I cover this from the point
    of view of the first time home buyer and how it will impact them from a
    position of increased fees, a decrease in knowledge and why first time home
    buyer in low to moderate income communities will be the most impacted

     

    Topic covered

     

    01:43 NAR settlement case/verdict overview

    02:38 How buyer’s agents are compensation

    03:09 buyers agent agreement explained

    04:35 Why the 1st time homebuyer is getting screwed

    06:54 The impact of the settlement on home prices

    07:47 what drives home prices

    09:56 why sellers won’t lower prices due to NAR’s settlement

    11:58 What if sellers lowered prices

    15:02 Who doe FTHB turn to?

    15:39 Winners

    16:42 times have changed

    17:10 future commission scenarios

    19:32 Buyers at the lower end of the market being the most

    impacted

     

     

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

    23 min
  • 180: 7.2M reasons you cant find a home

    I cover the  @realtordotcom  article "U.S. Housing Supply Short 7.2 Million Homes"

    The topics covered are
    03:41 The large margins for new home builders and why they can over incentives to new home buyers
    04:40 Where the 7.2M deficit number comes from
    06:23 Why the starter home is disappearing
    08:20 Metros with the biggest deficit in single family homes
    "While the number of homes for sale has been recovering from pandemic-era lows thanks to a surge of new construction, a new Realtor.com® analysis found that the market is still missing up to 7.2 million homes, the result of more than a decade of underbuilding relative to population growth."
    Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw
    Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/
    This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️
    🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.
    🤠In the DFW market? Schedule a planning call- https://calendly.com/houserich
    ⭐If you're looking for a top realtor in your area I can help you with that too. https://calendly.com/houserich/
    🏡World's Best Home Buying Tips: https://www.youtube.com/@Homebuyingtips
    🎙️My Podcast. Homebuying tips on the go: https://www.houserichshow.com/
    🏠Join my email list and get a FREE credit repair guideline: https://houserichdave.myflodesk.com/newsletter
    📚 New to the page? Start here for 2023 mortgage guidelines https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx
    David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
    📽️📺📹🎥
    TikTok- https://www.tiktok.com/@houserichdave
    IG- https://www.instagram.com/houserichdave/
    @houserichdave

    10 min
  • 179: Conventional v FHA the ultimate showdown

    I compared the benefits for an FHA loan versus conventional loan for 1st time homebuyers in 2024. The topics we cover are

    01:33 FHA loan credit requirements
    03:51 conventional loan credit requirements
    04:41 Biden's loan level price adjust "hurting" those with good credit
    05:21 Down payment requirements for FHA loans
    06:00 Conventional loan down payment requirements
    06:30 Update conventional loan housing hacking guidelines
    06:52 Conventional loan vacation home and investment property guidelines
    07:43 Occupancy requirements for FHA and conventional loans
    08:01 Does an conventional or FHA loan have better rates
    08:21 Differences in mortgage insurance between FHA and conventional loans
    09:52: LTV explained and an example
    11:34 How to drop mortgage insurance on an FHA loan
    12:12 DTI requirements for FHA and conventional loans
    13:19 2024 Loan limits for FHA and conventional loans
    14:24 Seller perception for FHA and conventional loans
    15:22 Appraisal differences for FHA and conventional loans
    16:00 The amendatory clause explained
    Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw
    Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/
    This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️
    🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.
    🤠In the DFW market? Schedule a planning call- https://calendly.com/houserich
    ⭐If you're looking for a top realtor in your area I can help you with that too. https://calendly.com/houserich/
    🏡World's Best Home Buying Tips: https://www.youtube.com/@Homebuyingtips
    🎙️My Podcast. Homebuying tips on the go: https://www.houserichshow.com/
    🏠Join my email list and get a FREE credit repair guideline: https://houserichdave.myflodesk.com/newsletter
    📚 New to the page? Start here for 2023 mortgage guidelines https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx
    David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
    📽️📺📹🎥
    TikTok- https://www.tiktok.com/@houserichdave
    IG- https://www.instagram.com/houserichdave/
    @houserichdave

    19 min
  • 178: Rates stuck at 7%, what happens next?

    I provide an updated 2024 interest rate forecast for the

    housing market as well as examine the external factors that impact your
    interest rates as well as the one you can control when it comes to your
    interest rate.

     

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    13 min
  • 177: Does NACA suck? Lets find out...

    I review how to get a NACA loan in 2024 by going over the

    NACA guidelines listed in the NACA Qualifications Workbook as well as reviewing
    the  NACA Homebuyer Workshop
    Presentation. These are the topics covered

    1:35 Your 3 big questions about getting a NACA loan

    2:50 NACA;s 10 steps to homeownership

    3:00: Step 1 NACA workshop overview

    3:17: step 2 Understanding the NACA membership portal

    4:31: step 3 NACA qualification

    4:45: 1st hand experience from a member & mindset for

    the NACA program

    6:11 NACA's below market rate & priority v non-priority

    members

    8:17 NACA priority and eligible areas

    9:17 NACA's interest rate buy down

    11:04 NACA loan type overview rehab loan, section 8 program

    11:40 NACA Loan limits

    12:21 how NACA determines what you can afford

    12:51 NACA's budgeting worksheet

    13:27 How NACA calculates monthly savings

    14:05 NACA payment shock

    15:30 NACA DTI limits

    17:46 NACA membership requirements

    18:38 NACA credit requirements

    20:31 NACA does pull your credit report

    21:17 How NACA looks at on-time payment history

    21:39 How NACA looks at rental history /proof of payment

    23:07 NACA's income qualification for W2 employees &

    self employed

    24:00 How NACA looks at debt and derogatory credit impact

    the ability to qualify

    24:43 How student loan debt impacts qualifying for a NACA

    loan

    25:39 how much money do you need for the NACA program

    27:01 NACA reserve requirements

    27:34 The documents you need for a NACA loan

    28:12 steps 4-10 overview of the NACA program

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    32 min
  • XX: Finding out I have Asperger's, a high functioning form of autism as an adult

    Maybe you can call this a very special episode. But on

    today's episode i discuss the realization i have Asperberg's syndrome as an
    adult how in hindsight it impacted my life from childhood to adulthood, how it
    brought me to where I am today and how I plan to cope going forward.

     

    "People with high-functioning autism/Asperger's often

    have difficulty with social situations, and they may not be able to understand
    the perspectives and feelings of others. However, their language and cognitive
    skills are often typical.

     

    People with the condition may also engage in specific,

    repetitive body movements. They often have an orientation toward detail and an
    interest in systemizing, which can come across as an obsession. Some may show
    remarkable facility in a narrowly focused and usually non-social area, such as
    baseball statistics or train schedules"

    -psychologytoday.com

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    45 min
  • 176: VA Loans explained, share this info w/ a Vet if you aren't one

    Whether you're a Veterans, Active duty service member,

    civilian or something in between this episode has something for you. We cover
    the update 2024 VA loan guidelines. Items covered are

    VA loans limits

    VA loan credit requirements

    VA loan residual income requirements

    VA loan residual income requirements

    What types of properties you can buy with a VA loan

    VA funding fees

    VA appraisals and more

     

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    13 min
  • 175: Why renting a three-bedroom home is NOT cheaper than owning in 90% of the U.S (or anywhere)

    I discuss the bogus concept in the Marketwatch article that

    "Renting a three-bedroom home is cheaper than owning one in 90% of the
    U.S" The raw information was compiled by Attom a real-estate data
    analytics company that looked at single-family home prices between January and
    November 2023, as well as rental and wage data, for 338 U.S. counties with
    enough data to analyze

     

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

    IG- https://www.instagram.com/houserichdave/

    @houserichdave

    8 min
  • 174: FHA 203k Rehab loan, the best program ever?

    I cover the 2024 updates for the FHA 203K rehab / renovation

    loan which allows first time home buyers to roll the renovation cost into their
    loan. The items covered are

    -Max FHA 203k Loan amount

    -FHA 203k occupancy requirements

    -Financing mortgage payments

    -FHA 203k limited loan

    -HUD consultant

    -FHA 203k Standard Loan

    -Rates

    -Who can do the repairs

    -Financing scenarios

    -The FHA 203k Process

    Looking for a home in Dallas? Schedule a call w/ me:

    https://calendly.com/houserich/dfw

    Outside of Dallas? Connect w/ a dope Realtor in your local

    market: https://homeandmoney.com/houserichdave/

     

    This is a show for millennial first time home buyers looking

    to buy their 1st home and build generational wealth through real estate. Real
    estate is a way to build black wealth and close the wealth gap.

     

    🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important

    info below ⤵️

    🤠I'm a Realtor in Dallas,

    TX. If you're looking to move to the Dallas, TX area or a local looking to buy
    I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and
    out of towners) buy homes in my pervious life in the mortgage industry (I'm a
    guidelines nerd). Reach out to work with me.

    🤠In the DFW market?

    Schedule a planning call- https://calendly.com/houserich

    ⭐If you're looking for a top

    realtor in your area I can help you with that too.
    https://calendly.com/houserich/

    🏡World's Best Home Buying

    Tips: https://www.youtube.com/@Homebuyingtips

    🎙️My Podcast. Homebuying

    tips on the go: https://www.houserichshow.com/

    🏠Join my email list and

    get a FREE credit repair guideline:
    https://houserichdave.myflodesk.com/newsletter

    📚 New to the page? Start

    here for 2023 mortgage guidelines
    https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx

    David Ball Dallas Texas Real Estate Agent | Texas Real

    Estate License: 800326

    📽️📺📹🎥

    TikTok- https://www.tiktok.com/@houserichdave

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    18 min

About The 1st Time Homebuyer Show w/ Gizmo by House Rich

From the publisher's feed

Giz (the world's cutest dog) & I (experience as a lender, underwriter & Realtor) walk about talk about various home buying news and breakdown mortgage tips and tricks. Between the 2 of use we've help 100s of 1st time homebuyer in real life; we just dont talk about it into a mic.