
Episodes

Monday Jan 10, 2022
Episode 51: What are special assessments and should you pay them off?
Monday Jan 10, 2022
Monday Jan 10, 2022
In this episode we cover first time homebuyer downpayments and special assessments on newere homes in Grand Forks.
0:00 intro
3:33 down payments for first time homebuyers
3:45 how much of a down payment do most first time buyers make?
4:02 first time homebuyer down payment assistance
4:30 what is mortgage insurance?
6:50 what are special assessments in Grand Forks?
8:28 how to compare a newer home with specials to an older home without specials when home shopping
8:45 are specials included in your mortgage payment?
9:35 can older homes have specials?
10:36 should you pay off the balance of your specials?
12:03 should you be scared of buying a home with specials?
Version: 20241125
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