Real Estate Finance 101: Your Exam Shortcut To Success | Just Call Maggie скачать в хорошем качестве

Real Estate Finance 101: Your Exam Shortcut To Success | Just Call Maggie

Welcome to @justcallmaggie! 🏡 In today's video, we're kicking off a three-part series dedicated to demystifying the world of financing in real estate. If you're gearing up for the real estate exam or just looking to enhance your financial literacy, grab your notepads, and let's dive into the essentials of real estate financing! 0:00 - Intro 00:27 - 📚 Points - Decoding Discount Points Ever wondered what those "points" are in real estate financing? Join us as we break down Discount Points, or simply "points." Learn how they function as upfront interest payments and impact your mortgage. We even tackle a practice question to solidify your understanding! 03:25 - 📊 LTV (Loan-to-Value Ratio) - Calculating Your Borrowing Power Unravel the mystery of Loan-to-Value Ratio (LTV) with us! Understand the significance of this ratio in assessing risk, determining equity, and influencing interest rates. Discover why it's a crucial factor for lenders and how it can impact your mortgage options. 05:34 - 💼 PMI (Private Mortgage Insurance) - Your Loan's Guardian What's the deal with Private Mortgage Insurance (PMI)? Find out why it's essential, especially if your down payment is less than 20%. Learn when and how you can bid farewell to PMI, potentially saving you money in the long run. 07:34 - 💰 Interest - The 'I' Word in Financing Delve into the world of interest! Understand its role as the cost of borrowing money and learn a simple interest formula to compare loan offers effectively. Lowering your interest rate can significantly impact your long-term financial journey. 09:32 - 🏡 PITI (Principal, Interest, Taxes, Insurance) - The Mortgage Secret Sauce Unlock the secrets of PITI! Learn how Principal, Interest, Taxes, and Insurance come together to form your monthly mortgage payment. We walk you through a scenario to demystify the calculation process and help you budget effectively. 12:58 - 📜 Financing Instruments - Navigating the Paperwork Get ready for some paperwork talk! Understand the significance of mortgage and promissory notes in your real estate journey. These documents serve as your guide to a smooth homeownership experience, outlining terms, conditions, and responsibilities. 📚 EDUCATIONAL RESOURCES: 📘 Math E-Workbook Bundle for Real Estate Success https://justcallmaggie.com/product/ma... 📺 Loan-to-Value Ratio Video:    • Real Estate Math: Understanding Loan To Va...   🔗 HELPFUL LINKS 📝 My top 5 study tricks to pass the real estate exam    • Crush The Real Estate Exam: Proven Strateg...   📚 Link to our math formulas study guide https://justcallmaggie.com/product/re... If you found this video insightful, give it a thumbs up, and don't forget to hit subscribe for more real estate wisdom! Stay tuned for part two, where we'll delve even deeper into the fascinating world of real estate financing. Happy learning, and remember, your success begins with knowledge! 🌟✨ If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔). 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it's quite helpful!) 💬 Leave a comment below to let us know what you think! 🔗 Share the video with anyone you think might help ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🎬 SUGGESTED VIDEOS ▶️ Freehold Vs Leasehold Estates Explained For Your Real Estate Exam | Just Call Maggie    • Freehold Vs Leasehold Estates Explained Fo...   ▶️ Crush The Real Estate Exam: Proven Strategies For First Time Success | Just Call Maggie    • Crush The Real Estate Exam: Proven Strateg...   ▶️ Real Estate Contracts 101 | 25 Exam Questions About Contracts | Just Call Maggie    • Real Estate Contracts 101 | 25 Exam Questi...   ▶️ Real Estate Contracts: 5 Essential Elements For Exam Success | Just Call Maggie    • Real Estate Contracts: 5 Essential Element...   ▶️ Real Estate Math: Mastering The 3 Approaches To Value | Just Call Maggie    • Real Estate Math: Mastering The 3 Approach...   🌐 LET'S CONNECT 🔹 Website: https://justcallmaggie.com/ 🔹 Facebook:   / justcallmaggie   🔹 Instagram:   / justcallmaggie   🔹 TikTok:   / justcallmaggie   🔹 Pinterest:   / justcallmaggie   👇🏻 Don't Forget To SUBSCRIBE 🔥    / @justcallmaggie   #RealEstateExam #RealEstate #JustCallMaggie