Parents who have the financial means, and are interested in providing for their children’s future financial security should give purchasing Real Estate a serious look. What other investment vehicle affords parents the ability to take $10,000-$20,000 now and within 20 years, turn it into over $300,000? Using race track betting terminology, investors this year have […]
Buyer Considerations: Using Leverage to Purchase Real Estate
Does it make sense to buy real estate as an investment? Consider the example below using the following: $80,000 purchase price for property 3. $700/month rent + 3% annual rental increase (historical average) $60,000 mortgage amount (with 25% down) 4. 5% annual housing appreciation (historical average) *Annual cost for principal, interest, taxes, & […]
Buyer Considerations: Tracking Recaptured Appreciation in 2013
Buyer Arguments: Is Real Estate a Good Investment
Buyer Considerations – Expect Housing Affordability to Decrease This Year
Buyer Considerations: Slim Pickings, Part 3
2013 Buyer Considerations – Slim Pickings Part 3 Unfortunately for home buyers, the days of buying at the bottom of the market for a great price are gone. Anyone considering purchasing a home should do so without hesitation. Consider the following key indicators: Emotional Considerations– The single most important question that everyone considering a […]
Buyer Considerations: Slim Pickings, Part 2
Unfortunately for home buyers, the days of buying at the bottom of the market for a great price are gone. Anyone considering purchasing a home should do so without hesitation. Consider the following key indicators: Pent-Up Buyer Demand – Concern over falling prices and an inability of current homeowners to sell their existing homes so […]
Buyer Considerations: Slim Pickings, Part 1
The days of buying at the bottom of the market for a great price are gone. The time to buy is now. Consider the following: Listing Inventory (Supply) – In January, the supply of homes available for sale nationwide was at a 13-year low. With the most active months just ahead, inventory levels are likely […]
Buyer Considerations: Buy Real Estate, Don’t Hesitate
Buyer Considerations: The Bad Habit Close
Why is it that even with compelling evidence that a buyer should buy, a ready, willing, and able buyer will still delay their purchase? It’s not because it makes sense to do so. It is likely that the buyer’s behavior is a result of a bad habit. Habit is formed when a person does something […]