The Really REAL Real Estate Podcast

“10 Things I Hate About You vs. I Know What You Did Last Summer – Introduction”

DESCRIPTION:

LOU:

Welcome back everyone to “The Really REAL Real Estate Podcast!”

(cue music introduction)

Since the start of 2023, The Really REAL Real Estate Podcast has been presenting many of its episodes in sets of “mini-series,” with each mini-series focused around one central real estate topic (some topics geared towards buyers, some towards sellers, and others towards investors).  Starting next week, we will be presenting a mini-series that will run for the entire rest of the summer and we wanted to take today’s episode to simply introduce and set the stage for this new summer mini-series that is about to arrive!

TALKING POINTS (3-5):

Introduction

What is the concept of this podcast mini-series?

How long will this mini-series run?

What is the structure of each episode?

What am I hoping to accomplish with this mini-series?

Final thoughts

HASH TAGS:

#buyingahome

#sellingahome

#dosanddonts

#10thingsihateaboutyou

#iknowwhatyoudidlastsummer

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone:  412-651-4638

Email:  [email protected]

AIR DATE:  JUNE 23, 2023

It’s not a big secret that buying a home is a HUGE purchase!  This is not like buying a new outfit or a new pair of shoes or even a new car!  This is the item that you buy that will most likely be the most expensive thing you’ll ever purchase as well as spend the most amount of time using!  If you’re thinking about buying a home in the next 12-24 months, today, we’ll talk about what you need to consider in order to prepare yourself for the day that you actually buy a home!

TALKING POINTS (3-5):

Introduction

Get your finances in order!

You need to have money saved for closing!

Get with a lender to figure out approx. how much you’ll need to bring to closing, depending on how much you want to spend on a home!

You need to have steady income coming in!

You can’t have too much debt on your plate!

You need to avoid issues like not paying your current bills or bankruptcy!

Is your personal life in order?

Do you have a steady job or are you thinking of relocating for a new job?

Could your job ask you to relocate?

Are you thinking of switching careers?

Talk about my own experience when it came to purchasing a home!

Could a relationship take you to a new city, state, or country?

Could that relationship cause you to buy a home together and change the criteria of home you are looking for?

Share my thoughts on what the next 12-24 months of real estate could look like

Emphasize the slowing of the market in the fall/winter as it has for the last couple of years!

Final thoughts

HASH TAGS:

#buyingahome

#firsttimehomebuyer

#preparation

#gettingready

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone:  412-651-4638

Email:  [email protected]

AIR DATE:  JUNE 16, 2023

Welcome back everyone to “The Really REAL Real Estate Podcast!”

For first-time homebuyers, it’s not uncommon to tour many homes before finally deciding on just the right home that they want to make an offer on, hopefully to purchase as their first home if their offer is accepted.  It’s also not uncommon, when that time comes to make the offer, for those same homebuyers to turn to their agent and go, “What’s next?  How do we make an offer on that home?”  Well, today, we talk about what exactly you need to do as a homebuyer to make that offer on your dream home!

TALKING POINTS (3-5):

Introduction

Official offers are always in writing

Discuss the Standard Agreement For The Sale of Real Estate

Date

Buyers/Sellers Names

Price

Address

Financing

Contingencies

HAND MONEY!!!

Closing Date, etc.

***The same ASR gets used in making all offers for any residential property in the Commonwealth of PA (2-bedroom condo. in Downtown Pittsburgh vs. 150 acres of farmland in Clarion County).***

What else does an offer include, besides the ASR?

Disclosures

Estimated Tax Sheet/Cost Sheet

Pre-Approval Letter

How is it written and how is it presented to sellers

Not fully executed until all parties sign off

Deadline for offers

What about making more than one offer at the exact same time???

Final thoughts

HASH TAGS:

#buyingahome

#homebuyer

#firsttimehomebuyer

#offer

#letsmakeadeal

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone:  412-651-4638

Email:  [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

It is the start of June – school is almost out, summer is right around the corner, vacations are on the horizon, and that can only mean one thing…it’s time to start thinking about winter! I’m kidding, but not really! Today, we are going to be talking about why June is the perfect time to be thinking about downsizing, especially if you want to be out of your current home before the next winter arrives!

TALKING POINTS (3-5):

- Introduction

- This episode comes from several recent conversations I’ve had with clients who are looking to downsize now so they don’t have to spend another winter in their current home!

- Time is on your side!

- This is especially true when it comes to finding a new place to live!

- It allows me to get a game plan together when it comes to finding you a new home either before or after we put your current home on the market!

- The weather is perfect to complete any major projects inside or outside the home!

- While we DON’T encourage large renovations when selling your home, it may take some time to go through a garage or shed or other areas of the home, especially if you have lived in the home for many years!

- It’s easier/cheaper to purge the house as you pack up!

- This includes determining if you are going to donate or sell certain large items that will not be going with you to your next home!

- If you are still working, it’s not uncommon to have time off in the summer to be able to work on the downsizing process!

- Final thoughts

HASH TAGS:

#sellingahome

#downsizing

#winteriscoming

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we enter into the final week of May and we wrap up our “Back to Basics” mini-series, we thought it would only be appropriate to wrap everything up by talking about the closing! That’s right, today, we are talking about all things related to the closing costs for buyers and sellers when it comes to buying or selling a home as well as reviewing what it means to give or receive seller assist as part of the closing!

TALKING POINTS (3-5):

- Introduction

- CLOSING COSTS:

- SELLER:

- Mortgage

- Transfer Stamp

- Realtor Commission

- Title Fees

- BUYER:

- Down Payment

- Closing Costs

- Escrows

- SELLER ASSIST:

- Seller assist is when the seller helps pay the buyer’s closing costs

- Seller assist is taken off the net offer

- Max. seller assist allowed per loan:

- VA

- FHA

- Conventional

- Under 10%

- 10-25%

- 25% or more

Seller assist is ONLY for closing costs!

- Negotiating seller assist

- This is difficult right now!

- Final thoughts

HASH TAGS:

#buyingahome

#sellingahome

#closingcosts

#sellerassist

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we continue into the third week of May, we continue our concept of “getting back to basics” and today, we dive into the topic of the seller disclosure. The seller disclosure is the second most important document in the real estate transaction and we’re here this week to tell you why. We will discuss why it’s such an important document, what is imperative for the sellers to do when it comes to filling out the seller disclosure, and what is important for the buyers to do when it comes to reviewing the seller disclosure in a transaction.

TALKING POINTS (3-5):

- Introduction

- In case I forget, the sales agreement is the most important document!

- What is a seller disclosure?

- Why is it important to disclose everything?

- What sellers need to be aware of?

- What buyers need to be aware of?

- Exemptions for filling out the seller disclosure

- Final thoughts

HASH TAGS:

#buyingahome

#sellingahome

#homebuyer

#firsttimehomebuyer

#sellerdisclosure

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we continue through the month of May, we continue our concept of “getting back to basics” and today, we are talking about why you should not only use a realtor when you buy/sell your home, but we discuss why you should hire a full-time realtor!

TALKING POINTS (3-5):

- Introduction

- We help guide you on how to prep the home for going live on the market.

- We schedule showings and handle the logistics of making house tours possible (or coordinate with showing agents if we’re on the listing side)

- We provide guidance when it comes to touring homes as well as writing up offers on the houses that interest you – this includes making sure the home is priced fairly and accurately.

- It’s a complex process and you don’t want to miss any steps along the way – we provide that guidance as well as negotiation skills!

- We ensure all other parties are working in a timely manner as to not delay closing.

- Paperwork…Paperwork…PAPERWORK!!!

- Why use a full time realtor?

- It’s a fast-paced process once you’re ready to buy/sell a home.

- Use current client (RF) to discuss how quickly the process can move.

- Don’t be afraid to interview several agents and ask questions!

- Final thoughts

HASH TAGS:

#buying

#selling

#buyingahome

#sellingahome

#realtor

#fulltimerealtor

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we dive into the first week of May, the school year is slowing winding down and students are preparing for finals. As they prepare for finals, it’s a time for students to review all that they have learned in their classes up to this point in the school year and we thought, “What a great idea as well for us here at the podcast!” So, for the month of May, we here at The Really REAL Real Estate Podcast are “getting back to basics” and discussing some of the most real estate 101 conversations that we have had since we started this podcast! Today, we start off the month by talking about why we really want to become a homeowner in the first place!

TALKING POINTS (3-5):

- Introduction

- This is not a bash on renting!

- You are your own boss when you own your own home!

- You can make the design choices you wish

- You can renovate as you see fit

- You control how many pets you own (within reason) and don’t pay extra for it!

- As long as you don’t live in an HOA!

- You own it, so you don’t have to worry about it being sold out from underneath you!

- Discuss the financial benefits of owning a home!

- Equity

- Appreciation

- Helps to build your net worth

- There are tax benefits to owning your own home!

- Your mortgage doesn’t increase at the rate your rent amount does!

- Final thoughts

HASH TAGS:

#buying

#buyingahome

#homeowner

#homeownership

#onmyown

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we wrap up our mini-series for the month of April and our discussion on purchasing and owning income-producing properties, today, we dive into one of the final key discussions when it comes to owning and maintaining a rental portfolio – should I hire a property management company to manage my rental properties?

TALKING POINTS (3-5):

- Introduction

- What is a property management company?

- What should I expect a property management company to do for me?

- Finding new tenants/handling the leasing paperwork

- Managing the issues that come up throughout the duration of the lease.

- Handling the transition from old tenant(s) to new tenant(s)

- What am I still responsible for as the owner and landlord of the property?

- Should I hire a property management company or should I manage the rental properties myself?

- Final thoughts

HASH TAGS:

#landlord

#rental

#incomeproducingproperty

#buying

#buyingarental

#propertymanagement

#propertymanagementcompany

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]

Welcome back everyone to “The Really REAL Real Estate Podcast!”

As we continue our mini-series on being a landlord and owning income-producing properties, today, we dive into the very important discussion of what an investor should consider when determining if they should buy a particular income-producing property or not.

TALKING POINTS (3-5):

- Introduction

- What is the cost of acquisition for this particular property?

- What are the current rents for the property? Are there any vacancies?

- What will my expenses be on a monthly basis?

- What will be my gross profit every month/year? Will this be enough for me?

- What is the tenant history like?

- What is the age/condition of the house?

- Will I be able to easily re-rent this property?

- Will I be able to easily re-sell this property?

- Final thoughts

HASH TAGS:

#landlord

#rental

#incomeproducingproperty

#buying

#buyingarental

LINKS:

JASON:

https://jasonwilcox.cbintouch.com/

https://www.zillow.com/profile/jasonwilcox1987/

https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber

https://www.facebook.com/jason.wilcox.186

https://twitter.com/jason_wilcox1

https://www.instagram.com/jason.wilcox1/

CONTACT INFORMATION:

JASON:

Cell Phone: 412-651-4638

Email: [email protected]