4 Signs You’re Not Ready to Buy A House in the 2021 Housing Market

Buying Real Estate
Are you considering buying a home in the housing market 2021 but unsure if now is the right time? Are you wondering when is the best time to buy a home? In this video, I answer the question of “Should I buy a home right now” and discuss a few different scenarios when you shouldn’t consider buying a home in the 2021 housing market.

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Home Buying Videos You May Find Helpful:

➡HOW TO GET APPROVED FOR A HOME LOAN – First Time Home Buyer – https://youtu.be/K3_JTAMhhi4
➡5 Most IMPORTANT Steps to writing an offer on a house – First Time Home Buyer – https://youtu.be/Eskq9g_9sOo
➡ Buying Real Estate in a CRAZY Market – https://youtu.be/WLH0UlGmD9U
➡Step by Step Process of Buying a House in 2020 – https://youtu.be/myJ1h0ykhts
➡Do I get my deposit back if I cancel escrow? – https://youtu.be/0RMy9iNTu54
➡What Stays when buying or selling a house? – https://youtu.be/XH6c9-omN24
➡Appraisal vs Home Inspection – https://youtu.be/cwjokWbr1Go

FHA loan 2020 requirements

✅FICO® score at least 580 = 3.5% down payment.
✅FICO® score between 500 and 579 = 10% down payment.
✅MIP (Mortgage Insurance Premium ) is required.
✅Debt-to-Income Ratio less than 43%. (Actually you can go much higher than this)
✅The home must be the borrower’s primary residence.
✅Borrower must have steady income and proof of employment.

FHA Videos You May Find Helpful:

➡FHA Closing Costs Explained – FHA Loan 2020 – First Time Home Buyer – https://youtu.be/6bCo1XXHENg
➡FHA Loan Qualifications – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/1SC6WgAJ2yk
➡FHA Loan 2020 – FHA Loan Requirements – First Time Home Buyer – https://youtu.be/wp-2c_EdcrU
➡FHA Pros and Cons – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/fOWjRGQmKDM
➡Buying a home using FHA – First Time Home Buyer – FHA Loan 2020 – https://youtu.be/8KCzd8GPH_w

Please let me know your thoughts below: what are your predictions for the housing market 2021 forecast and the housing market 2021 california? After watching this video, do you believe you should be buying a home this year or if now is the best time to sell a house?

Do you believe a house market crash 2021 or real estate bubble will happen? If so, why? What are your thoughts on the Orange County real estate market and the potential real estate crash for orange county real estate?

Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE #01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith

To never miss a video about personal finance & real estate related topics, please subscribe to my channel & then hit the bell notification here ➜ https://goo.gl/NZB1S6

Other videos you might find helpful:

➜➜Why a Housing Crash Isn’t Likely In 2021 – Housing Market Update – https://youtu.be/UgWK5Kte6EQ

➜➜Foreclosures and Evictions Extended Again – https://youtu.be/SAhMUlMw3oQ


➜➜Mortgage Rates Update and Housing Market 2021 Forecast – https://youtu.be/ggfjpKVGXlg

➜➜What does a BIDEN Housing Market look like – Housing Market 2021 Forecast – https://youtu.be/p7-rh12p2eE

➜➜Buying Real Estate in a CRAZY Market – Housing Market 2020 Real Estate Market Update – https://youtu.be/WLH0UlGmD9U

#HousingMarket #MarketCrash #RealEstate

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