This is a YouTube video titled "👷♀️ Financing New Construction (pt. 2) 👷" containing a segment where Andrew Huberman discusses nuances in the housing market, specifically about builder's lender credits and how interest rates and fees can manipulate perceived deals. The content is from July 19, 2021, and focuses on financial aspects of new home construction.
Things in the housing market that you may not know about. I found countless deals where a builder's lender offers a substantial credit, and that's what the buyer generally goes home with and remembers. Then when talking to them, they don't know the rate and they don't know how many question fees are being charged to get that credit. So it's all manipulation of the numbers. If you charge a higher interest rate and higher fees, you can get a bigger credit. I've seen people get a $9,000 credit. You charge 10 grand to get it. Not so good of a deal. SA.
