Homeownership is something that many individuals and families strive to achieve across their lifespan. Some are lucky enough to be able to buy their first home young, whilst others have to wait until it is financially viable for them to do so. As a result, many rent properties, homes and apartments.
However, other, more fortunate homeowners, are able to rent out, buy, and sell property in volumes. According to the US Census Bureau, the rate of home ownership in the US increased to 65.8% in the second quarter of 2022. Whilst this number is high, it still leaves much room for improvement with regards to home ownership.
One of the most powerful determining factors for homeownership is the ability to obtain a satisfactory mortgage. To do this, millions seek the advice of mortgage and real estate advisors. These professionals are able to accurately assess the viability of any one person’s quest for home ownership. In addition to this, they are able to effectively advise clients on steps to take to become eligible for their desired home or mortgage. Marc Bui is an expert in the field of mortgage and real estate. With his team, Thrive Lending Group, he has helped numerous clients reach their goals. Now, Bui is providing detailed advice to the public.
Who is Marc Bui?
At the age of four years old, Bui left Vietnam with his family. They did this with little to no money to their name. They lived in a low-income neighborhood and subsisted off of government welfare. Both his parents and older siblings worked incredibly hard to save enough money to purchase their first house in Garden Grove. This property is now an investment property – where an ADU is being built.
Bui began working at the tender age of 11. He did this by working for his parents at their garment manufacturing business. He worked there up until the age of 17, where he then ventured out and worked for the National Gallup Poll, taking surveys over the phone. He then entered the auto industry for a brief period at the age of 18. This was followed by his placement at a mortgage business when he was 19. He was able to climb the corporate ladder, working his way up from telemarketer, to loan officer, and then to branch manager. This was a giant leap in his career, and also the space where he developed and discovered his passion.
Now, Bui leads one of the most successful lending teams in the U.S. – Thrive Lending Group. He has an unparalleled passion for helping people find homeownership. He provides expert advice to both his clients, and to the public.
Advice to the Public
Through his social media channels, Bui has set up a safe space for the public to learn more about real estate and mortgages. The expert provides advice and tips on his platforms, where his followers are able to learn more and more.
On Instagram, Bui posts videos where he unpacks popular home buying practices, and debunks myths. Some of these videos include: ‘Biggest Home Buying Mistake that’ll Cost you $20k,’ and ‘The Worst Mistake Renters Make.’ The mortgage guru also posts fun content, such as unpacking the estimated mortgage payments of celebrity homes, like pop musician The Weekend.
Though many of Bui’s videos and other forms of content are entertaining, their primary goal is to educate the public on mortgage, real estate, and home ownership. He has allowed for these sometimes inaccessible topics to become accessible, understandable, and enriching. Many members of the public would have to pay to receive mortgage, real estate, and financial advice, but Bui is using his expertise to bridge the gap between inaccessible and accessible homeownership.
Bui also offers free virtual one-on-one consultations for prospective clients and curious home buyers alike. This is an extra layer of his desire to inform and educate the public on what it takes to become homeowners.
Final Thoughts
Homeownership is an aspiration for almost everyone. The process to get there can sometimes be arduous and complicated. However, utilizing the expertise of mortgage and real estate experts can help smooth out the process, and help home buyers understand their viability for homeownership. Additionally, these experts can help people actively work towards their dream home through guidance. Marc Bui is an advocate for homeownership, and possesses a great passion for helping people find and procure their dream homes. He has used his platforms, and company, to provide advice, educate, and inform the public about mortgage, homeownership, and real estate.
