REILatinx

𝗖𝗮𝗺𝗲 𝗮𝗰𝗿𝗼𝘀𝘀 𝘁𝗵𝗶𝘀 𝗮𝗻𝗱 𝗶𝘁 𝗷𝘂𝘀𝘁 𝗵𝗶𝘁 𝗵𝗼𝗺𝗲⁠
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In an industry that can sometimes be cutthroat competitive and shady people abound, it's important to remember hat our actions have consequences in the lives of other people, not just the building in the transaction.⁠
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A few days ago I received a phone call from a friend who needed to make a moral decision regarding a deal he's working on that could net him a lot of money and he became aware that the person on the seller's agent was doing some shady things.⁠
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Ironically, I had already passed on this same deal a few days prior when I learned that my friend was also interested.⁠
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It would have been easy for me to "claim" the deal since I had seen it first, it would have been easy for my friend to sign the contract and take the property in way that would ultimately hurt the seller but benefit everyone else involved. ⁠
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We have to be better, remember to place people before profit, encourage collaboration over competition, community over selfishness. ⁠
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There's plenty of food for everyone to eat at this feast.

According to the Federal Reserve Board, a typical Hispanic family owns $38,000 in wealth, compared to $184,000 of a white family.

The data from the 2019 Survey of Consumer Finances (SCF) show that long-standing and substantial wealth disparities between families in different racial and ethnic groups were little changed since the last survey in 2016; the typical White family has eight times the wealth of the typical Black family and five times the wealth of the typical Hispanic family.

Check out the full article gere:
https://www.federalreserve.gov/econres/notes/feds-notes/disparities-in-wealth-by-race-and-ethnicity-in-the-2019-survey-of-consumer-finances-20200928.htm

𝗔𝗺𝗼𝗿𝘁𝗶𝘇𝗮𝗰𝗶ó𝗻 💰 🏦
La amortización de un préstamo hipotecario (hipoteca) es un procedimiento por el que se paga el dinero prestado por un banco (capital) mediante desembolsos parciales y periódicos (cuota). Esta amortización hipotecaria es anticipada, por lo que se refiere a la devolución del capital antes del vencimiento del contrato.

𝗔𝗺𝗼𝗿𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻
mortgage payments spread out over time. Usually one monthly payment scheduled over a 15- or 30-year period of time.

𝗘𝗻𝗺𝗶𝗲𝗻𝗱𝗮

Modificacion del contrato de compraventa Se utiliza para corregir o clarificar informacion en el contrato original

𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁

Modification to the original purchase agreement. It either corrects something on that initial contract or clarifies it with additional information.