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Everyone's Talkin' Money

Should You Buy a House in 2020 – What You Need To Know | Anthony Sherman

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6631 Ratings

🗓️ 1 September 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

So, 2020, you’ve been a bit of an interesting year…but interesting doesn’t always mean it’s bad. Depending on what is going on in your world, now might be the right time to buy a house, believe it or not. What do you need to know, what credit score are you aiming for, how to secure the best loan, and countless other important details coming in this episode with Anthony Sherman, co-founder, and CEO of Simplist. What You'll Learn Is now the time to be looking for a new house What credit score do you need in 2020 to get the best interest rates How and why to get pre-approved for a mortgage How to get a mortgage if you're self-employed What happens if you lose your job while you're trying to buy a house Best money practices to set yourself up for a mortgage I share my own journey of buying a house Episode Sponsor Thanks to Indeed for sponsoring this episode. Try Indeed out with a FREE SEVENTY-FIVE DOLLAR CREDIT at Indeed dot com slash MYMONEY. This is their BEST offer available ANYWHERE! SUBSCRIBE & SHARE Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE! 👉 Sign up for my weekly LET’S TALK MONEY email newsletter. Ask Shannah Have an Ask Shannah question, submit it here Get Social Shannah on Twitter Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So 2020, you have been a bit of an interesting year, but interesting doesn't always mean bad, right?

0:07.5

Depending on what is going on in your world, now might be the right time to buy a house, believe it or not.

0:13.9

What do you need to know, what credit score you're aiming for, how to secure the best loan,

0:18.7

and countless other important details coming in this episode

0:22.0

with Anthony Sherman, co-founder, and CEO of Simplest.

0:27.3

You're listening to Millennial Money with award-winning money expert and serial entrepreneur,

0:32.4

Shana Compton Game, where we flip the script on the old school approach to everything your parents

0:36.6

never taught you about money.

0:38.5

Each week, Shana creates a safe space by talking with special guests from around the world

0:42.9

about money wellness, entrepreneurship, traveling like a boss, and what makes millennials tick.

0:48.5

Unique stories, trailblazing perspectives, tips, tricks, and everything there is to know about money.

0:55.1

Find it all here is you uncover your money story and unlock the life you want to live. Pretty cool, right?

1:01.0

Here's Shauna, money expert, Indiana Hoosier, and Burger Aficionado.

1:08.1

I shared a little bit about my story in this episode, but I bought my first house at 24. I'm not sharing this to brag at all. We probably should have never bought a house. We barely had enough cash to cover down payment, fees, and then pay all the costs that come after you buy a house.

1:28.5

This was right before I went into the financial field and the paperwork,

1:33.2

and everything that you had to do with buying a house just literally put my head in a complete

1:38.7

tailspin. I have always had this sort of obsessive habit over numbers, and so it was just a lot of numbers all

1:47.2

at once. Moral of the story, though, know when it's the right time to buy a house for you and your

1:53.7

wallet. But when you do, technology has come such a long way that companies like Simplest

1:58.9

literally take the headache part out of the mortgage

2:01.6

process and really give you back time and your sanity, which I can tell you is a big win when you're

2:08.6

buying a house. What I really wanted to know from Anthony, though, was honestly, in this crazy year,

...

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