187: What to do if you can no longer afford your mortgage payment & why it increases

Gizmo and I talk about the components of your mortgage payment (Principal, interest taxes, insurance and HOA dues) and which ones are likely to increase. What to watch out for with new construction homes when it comes to property taxes and solutions if you get into a pinch and cant afford your mortgage payment This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.   🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.   🏡World's Best Home Buying Tips: https://www.youtube.com/@Homebuyingtips 🎙️My Podcast. Homebuying tips on the go: Search on wherever you get podcasts 📚 New to the page? Start here for 2023 mortgage guidelines https://youtube.com/playlist?list=PLjFvxi72ii9j_J6dfqhvExAhE5lF5otgx David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326 📽️📺📹🎥 TikTok- https://www.tiktok.com/@houserichdave IG- https://www.instagram.com/houserichdave/ @houserichdave [email protected]