Episode 174
#174 - Home Ownership & Real Estate For Newbies with Ken Er
So how about those home loan interest rates, eh? And...mortgages! Escrow? Closing costs. Contingencies. Bidding wars. OK, anyone else totally lost too? If you're anything like Minji, seemingly responsible grown up as she (mostly) saw herself, you might have reached adulthood hearing about this grand milestone of owning a home over and over again. You might have 100% expected it to happen for you at some point when you were good and "established", even aspired to it and considered it a key marker of your success. But somewhere in the giant batch of subjects that were never properly taught to most of us in school - budgeting, credit scores, taxes - home ownership is right up there in obscure and overwhelming adult rites of passage. In this episode, Minji brings calls upon her friend, realtor Ken Er, to come educate us all and commiserate with those who've been intimidated and in the dark about this mystical real estate journey. Together they swap stories on how they first approached their very different experiences of buying property, the lessons that they painstakingly learned, and how much they've changed in their financial literacy once they took the plunge. If you've ever been amongst friends and family, nodding along pretending to understand your aunties drone on about HOA fees and refinancing more than once, this one's for you. You are not alone.
Links For Our Guest Ken Er:
https://www.instagram.com/ken_er/
https://www.instagram.com/youreastbayhome/
https://youreastbayhome.com/
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▫️ Music featured in this episode include "Uzutrap" by Uzuhan and “Stumble Home” by Samica
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▫️ This podcast is part of Potluck: An Asian American Podcast Collective
Audio Engineer @marvinyueh
Producer @AnnaSun
Social Media Manager @JulianaDeer
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"Inheriting" is a show about Asian American and Pacific Islander families, which explores how one event in history can ripple through generations. In doing so, the show seeks to break apart the AAPI monolith and tell a fuller story of these communities. In each episode, NPR’s Emily Kwong sits down with one family and facilitates deeply emotional conversations between their loved ones, exploring how their most personal, private moments are an integral part of history. Through these stories, we show how the past is personal and how to live with the legacies we’re constantly inheriting. New episodes premiere every Thursday. Subscribe to “Inheriting” on your app of choice
