Oct 24, 2022
Summary:
Alejandro Szita comes on the show to give us the latest insight on
what’s happening with real estate. He touches on the confusion in
the real estate market right now, and stresses that it is better to
not focus so much on rates; rather, it’s important to get your
mortgage to a point where you can live with the monthly payment.
Listen in for more useful insight from Alejandro.
Highlights:
-There is a lot of confusion in the real estate market right now;
many people still need a place to live, and lots of people are
still trying to sell
-There is a lot of pressure on the housing market—especially
sellers
-People are focusing on rates rather than their goals
-You need to bid aggressively and take advantage of the market
-Since rates will probably go higher, now is the time to
negotiate
-It’s not about what the Fed can or cannot do; the inflation in
place is for the scarcity of goods
-Holding a physical asset can get you through a situation like
this
-Get your mortgage to a point where you can live with the monthly
payment, and stop worrying so much about the rate
Useful Links:
Financial Survival Network
Prosperity Lending