A short YouTube talk by LaTonya Johnson addressing first-time homebuyers; she congratulates viewers on mortgage approval and focuses on often-overlooked risks of homeownership—how to manage mortgage payments when 'life happens' (job loss, divorce, chronic illness).
Chapters
Hey, my name is Latonya. And I know that you're here because you're either buying a home or you found the home of your dreams. And you've gotten your mortgage secured and you've been pre approved. What an exciting time for you. Congratulations. Your realtor has given you all of the information that you need in order to start the process. She's told you about the mortgages. She's also told you about the Clos closing company and all the things that you need to prepare for homeownership. But I want to tell you one thing that nobody ever tells you about.
Who talks about what happens when life happens as a homeowner? Who talks about, what if I lose my job? What if I go through a divorce or find out that I have a chronic illness? What do I do about the house then? How will I pay my mortgage if there is no income? Those are the things that I'd like to talk to you about again. My name is Latonya Johnson, and that is exactly what I teach homeowners. How to keep your home in the event life happens to you.