The Jon Sanchez Show

Buying a house is funny. You walk through the front door and immediately start imagining your life there. You love the kitchen. Megan loves the backyard. You're already figuring out where the furniture goes. And then the home inspector says... ‘Can I show you something?’ Those may be the five scariest words in real estate. Because virtually every house has problems. The question isn't whether the...

I want everybody listening today to answer what sounds like an incredibly simple question: Who owns your house? You're probably thinking: ‘Jon, that's easy. I do.’ Okay. Pull out your deed. Because I'm not asking who lives there. I'm not asking who's making the mortgage payment. I'm asking: How is title actually held? Joint tenants? Community property? Community property with right of survivorship...

I've got the August Reno-Sparks real-estate numbers sitting in front of me today, and I'm going to warn you: They're weird. If you've been waiting for the Northern Nevada housing market to collapse so you can finally pick up that $800,000 house for $500,000... I've got some bad news. The median sales price in August was $625,000. That's actually 6.8% HIGHER than a year ago. But here's where it get...

There's a type of retirement risk we don't talk about very often. It's not a stock-market crash. It's not inflation. It's not running out of money. It's divorce. More specifically— divorce later in life. There's even a name for it now: gray divorce, generally referring to couples divorcing after age 50. And financially, divorcing at 55, 60 or 65 is very different from divorcing at 30. At 30, you m...

Most retirement advice focuses on getting you to retirement. Save enough. Max out the 401(k). Pay down debt. Decide when to take Social Security. Build an income plan. All important. But then one day something happens that we've spent almost no time preparing you for: You actually retire. Monday morning comes. There's no alarm. Nobody needs you at the office. No meetings. No commute. No deadlines....

Normally when Aaron Clark joins me, we talk about buying houses, selling houses, interest rates, home values and the Northern Nevada real-estate market. Today is going to be different. This weekend, the Hawk Fire exploded outside Reno. Tens of thousands of our neighbors were affected by evacuation orders and warnings, homes were destroyed, and entire communities suddenly faced something most of us...

“Here's a question for every parent listening today: Do your children know what's in your estate plan? Not whether you have a trust. Do they know who you've put in charge? Do they know what happens when you're gone? Do they know where your documents are? Do they know who to call? And here's the uncomfortable one: Do they know what they're going to inherit? Some of you are probably thinking, ‘Absol...

“Jon, I've got one rental property. It's doing well. I'd like to buy another one—but where do I get the money?” I get some version of that question all the time. And I think people sometimes assume that investors who own 10 or 20 properties started with millions of dollars. Many didn't. They started with one. One property generated rent. The tenant helped pay down debt. The property potentially ap...

Does your retirement plan have a Plan B? Most retirement plans are built around assumptions. You're going to retire at 65. The market is going to provide a reasonable return. Social Security will start at a certain age. You're going to spend a certain amount every month. Your health will remain relatively good. Your spouse will be there alongside you. And hopefully, that's exactly what happens. Bu...

Imagine you've been married for 30 years. You've raised the kids. Built careers. Paid the mortgage. Saved in your 401(k)s. And for decades you've both said the same thing: ‘Someday we'll retire.’ Great. But here's my question: Have you ever actually asked each other what retirement means?” “Maybe his retirement is a 40-foot motorhome and six months traveling around the country. Her retirement is g...

I want to conduct an experiment today. Let's take one house. The homeowner thinks it's worth $850,000. An online estimate says $810,000. Aaron looks at the comps and says $790,000. Dwight says he'd list it at $799,000. Then we get an appraisal and it comes back at $775,000. So I have one house—and five different opinions of value. Who's right? That's what we're going to figure out today.” Then int...

Imagine Mom passes away. The kids are grieving, but Mom always told them, ‘Don't worry. I have a trust. Everything is taken care of.’ So they open the trust documents. And that's when the surprises begin. The successor trustee Mom named 20 years ago is no longer in her life. The house she bought eight years ago was never transferred into the trust. One account has a beneficiary designation nobody...

“When most people see a house listed for $600,000, they immediately think the negotiation is pretty simple: Do I offer $600,000? $590,000? Maybe $575,000? But the purchase price is only one part of the negotiation. Depending on the property, seller and market conditions, there may be a whole list of other things on the table. Closing costs. Repairs. Mortgage-rate buydowns. Appliances. Inspection i...

“I came across a statistic that really caught my attention. In a Bankrate survey, 56% of American workers said they felt behind on their retirement savings. Think about that. More than half. And I guarantee there are people listening to me right now thinking, ‘Jon, I'm one of them.’ Maybe you're 55. Maybe you're 60. Maybe you're 65 and retirement isn't some distant concept anymore. And you're look...

“I meet people all the time who tell me, ‘Jon, I'm retiring in five years.’ And my next question is usually: ‘Great. What are you doing differently today because you're retiring in five years?’ That's when I often get the blank stare. Because knowing when you want to retire and actually being prepared to retire are two completely different things.” Then set up today's show: We're going to work bac...

Most real estate investors can tell you what they paid for their rental. They can tell you what it's worth today. They can tell you the monthly rent. But ask them what their return on their current equity is—and many have absolutely no idea.” A rental could have been a fantastic investment when you bought it and be a mediocre investment today.

Estate planning isn't only about what happens when you die. For many families, the more immediate risk is: What happens if you're still alive—but you can't manage your own affairs? A stroke. An accident. Dementia. A serious illness. Even temporary incapacity. Today we're going to walk listeners through who steps in, what authority they have, and which estate planning documents actually give them t...

The conversation covers a range of topics, from market anxieties, stock market recap, real estate market challenges, family business announcements, and the impact of stubborn interest rates. It also delves into the ripple effects of UWM's situation and the potential impact on the mortgage industry. The conversation delves into the financial market volatility, real estate market analysis, and marke...

One of the things I always tell people about retirement planning is that not every financial decision carries the same weight. If you're 45 and you make a bad investment decision, you probably have time to recover. If you're spending a little too much, you can cut back. If your portfolio isn't allocated properly, you can change it. But retirement introduces a different category of decisions. Decis...

Let me ask you a question. You've worked for 30, 40, maybe 45 years. Every couple of weeks, a paycheck shows up. You know approximately how much you're going to receive. You know when it's coming. And you've built your entire financial life around that paycheck. Then one day you retire. And the paycheck stops. Now what? You've got Social Security. Maybe you've got a pension. You've got a 401(k), a...

When most people hear the word "foreclosure"... They immediately think... Someone stopped making their mortgage payments. But what if I told you... You could be current on your mortgage... And still lose your home? A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties...

One of the most common things I hear is... "Jon... I'm not wealthy enough to need a trust." My response is always the same... Estate planning isn't about protecting wealth. It's about protecting people. Your spouse. Your children. Your grandchildren. Your home. Your wishes. Today, we're going to discuss why estate planning is one of the most important things a family can do—regardless of the size...

When most people hear the word "foreclosure"... They immediately think... Someone stopped making their mortgage payments. But what if I told you... You could be current on your mortgage... And still lose your home? A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties...

Most people think retirement planning ends the day they retire. In reality... Retirement planning is just beginning. You spend thirty or forty years accumulating money. Now you have to make that money last another thirty years. The decisions you make during those first few years can affect the rest of your retirement. Today we're going to discuss what actually happens during those first five years...

Dow Jones Industrial has its worst day of 2026. What caused it and should you be concerned?