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Your tenants’ monthly rental payments pay all of your expenses. READ MORE =
No Credit. READ MORE =Real Estate World Class Service Welcome You -
In my opinion there is no other investment that works like real estate. It is the only
wealth/portfolio building tool that someone else finances.
Your tenants’ monthly rental payments pay all of your expenses. READ MORE =
Reasons To Buy A Home Now:
Thinking of buying a home? Keep reading to find out why you should take action sooner rather than later.
If you're thinking about purchasing a home, sooner might be better than later when it comes to favorable conditions for buyers.
Buying
a home is a major financial decision that you shouldn't rush into. But
that doesn't mean you should take your sweet time either.
The real estate market is volatile, and truth be told, this year might be your last chance to affordably buy a home for awhile.
"If
you qualify for a mortgage and choose not to buy now, you will be
kicking yourself in 12 months," says Anthony of knowledgefinancial.com
Thanks to a dearth of inventory, home prices are projected to increase as faster as many people think. .
Just how much could that increase cost you? More than you might think.
The
difference isn't mere pocket change. So if you're in the market to buy a
home, read on for more reasons why this year could be a prospective
homeowner's last chance to buy an affordable home. ' REAL ESTATE MILLIONAIRE FANS CLUB INTERNATIONAL - ViReal Estate Down-payment Assistance Programs /Real Estate Financing Methods.
I am delighted to bring you very helpful information!!! READ MORE =
I am delighted to bring you very helpful information!!! READ MORE =
Reason to Buy Now #1: Low for-sale inventory means homes will become more expensive
A low inventory of homes for sale keeps house prices up, according to experts in the field.
"It's simple supply and demand. "The less you have of something, the more expensive it will become."
Just how did we get into this increasingly low-supply, high-price environment?
According to some experts there are a few causes.
"With
the limited housing inventory in many markets, and with last year's
home price increases, many people couldn't
afford to buy a home and rented instead. "Because of the Great
Recession, the building of new homes and rental units was almost
nonexistent for years and didn't keep up with population growth.
With
a shortage of housing and rental units available, Regan says housing
prices and rents have increased, leading to affordability issues.
The
good news is that this supply and demand issue will solve itself once
more housing units are built to accommodate the population growth and
young families
looking for homes. But the bad news is that it could take a while, and
prices will climb until then. So now might be a good time to buy, before
prices peak.
Hud Homes; Hud sells property at reduced prices that you might want to buy.
FREDDIE MAC: You can buy a foreclosed house from Freddie Mac.
Buy a house from the IRS; The internal Revenue Service does have homes for sale.
VA HAS PROPERTIES FOR SALE: The US department of veteran affairs {VA} Sells to veteran and
non-veteran. READ MORE =
'' Mortgage Home Loan Pre-Approval Q&A; ''REAL ESTATE INVESTMENT: HOW AND WHERE TO
FIND MONEY TO BUY A PROPERTY?}
Hud Homes; Hud sells property at reduced prices that you might want to buy.
FREDDIE MAC: You can buy a foreclosed house from Freddie Mac.
Buy a house from the IRS; The internal Revenue Service does have homes for sale.
VA HAS PROPERTIES FOR SALE: The US department of veteran affairs {VA} Sells to veteran and
non-veteran. READ MORE =
'' Mortgage Home Loan Pre-Approval Q&A; ''REAL ESTATE INVESTMENT: HOW AND WHERE TO
FIND MONEY TO BUY A PROPERTY?}
-------------
Reason to Buy Now #2: The Fed plans to taper off bond-buying program in October
With
the economy improving and the unemployment rate dropping, the Federal
Reserve tentatively plans to end their bond-buying program in October.
The
end of the program, which was aimed to keep interest rates low, is
expected to result in higher interest rates, and any increase in
interest rates could create even less favorable conditions for buyers.
"Rising
rates can have just as big an impact on affordability as does rising
prices due to low housing inventory," When mortgage rates
increase, says borrowers experience great difficulty qualifying for a
home loan.
"Higher
interest rates increase a borrower's overall debt to income ratio, and
depending on their current situation, they may end up no longer
qualifying based on underwriting guidelines.
Even
if they do qualify, they may not be comfortable with the higher monthly
debt payment and may choose to reduce the amount of home they are
willing to purchase or put off the purchase indefinitely," says Davis.
So what's the take home here?
"While
you've missed the bottom of the market with home prices, interest rates
are still very low," according to Regan. Don't risk rates going up, he
says, which can ultimately cost you big on your home's price tag. '' FHA Mortgage Home Loan Programs: Federal Housing Administration.
FHA Loan for Home-buyers.. MORTGAGE LOANS: HOW TO UNDERSTAND THE HOME LOAN
PROCESS? READ MORE =
FHA Loan for Home-buyers.. MORTGAGE LOANS: HOW TO UNDERSTAND THE HOME LOAN
PROCESS? READ MORE =
----------------------
Reason to Buy Now #3: The current economy's flat wages threaten to make homes less affordable
When
was the last time you heard of companies giving out big bonuses and
substantial salary raises? Save a few high-growth industries, flat wages
have been the rule, not the exception.
If home prices
continue to increase, housing could in theory become less affordable if your take-home pay doesn't keep up with its growth.
"History
has shown us that there is always the chance that home prices are
pushed out of reach when wages are flat," says Davis. "Then at some
point, some sort of correction in wages or housing occurs, and the
correlation between the two sectors becomes more sustainable."
The question then becomes, when will this tipping point occur, and can you afford to wait?
According
to Anthony, homes will be more affordable once all areas of the market -
stocks, bonds, home prices, wages, government spending and debt, etc. -
are working together to create jobs. And better employment figures
translate into more income, leading to wealth, economic growth, and
ultimately consumer confidence, which
in large part helps drive home purchases, she explains.
Sounds
ideal, right? Well, don't hold your breath. It's impossible to predict
when this synergy will take place, so now is as good a time as any to
buy a home you can comfortably afford. ' Real Estate Investing Tools & Resources, Commercial And Residential Real Estate Information.. '' Real Estate Investing, Buying, Selling, Listing, Leasing General Information.
'' Real Estate Investment Methods And Strategies Of Buying And Selling Properties. tw
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the ups and downs, it outperformed all other investments. Real Estate is nothing but a passport
to wealth...
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'' Real Estate Info: Money-Making Information You'll Need to Succeed in Your Real Estate
Investments.
'' Real Estate is a road-map to riches. There is no better investment than real estate despites
the ups and downs, it outperformed all other investments. Real Estate is nothing but a passport
to wealth...
Reason to Buy Now #4: Beat other home buyers to the punch before competition heats up
Maybe
you've been renting and managed to save up a nice nest egg. Or maybe
you've just outgrown your current space. Well, you might want to take
the plunge and buy a home once you've found something that you can
afford.
Why
now? Because the housing market is about to get even more competitive.
The pent-up demand of younger professionals, who moved back in with
their parents during the recession, is about
to explode. And as these young people move out and form new households
of their own, they will drive up housing demand, she explains. '' THE BLOG: THE REAL ESTATE BLOG PAGE EVERYONE SHOULD KNOW ABOUT...
'' REAL ESTATE INVESTMENT: Real estate offers more opportunities than any other type of
investment. Good economy, poor economy, high interest rates, low interest rates, boom
market, bust market-- it makes no difference. READ MORE..
'' Real Estate Offshore Retirement Haven Tax Guide.
'' REAL ESTATE INVESTMENT: Real estate offers more opportunities than any other type of
investment. Good economy, poor economy, high interest rates, low interest rates, boom
market, bust market-- it makes no difference. READ MORE..
'' Real Estate Offshore Retirement Haven Tax Guide.
This
eager subset of buyers will create some steep competition for homes,
especially if they have been saving up to make larger down payments or
high ticket offers.
"If
the current homes on the market have more potential buyers, bidding
wars develop, and the purchase prices are driven up. While the
competition helps the overall home values in the area, it also inflates
prices to the point where homes are no longer affordable for a large
percentage of potential home buyers.
And
it's only going to get worse as more and more young professionals feel
ready to buy, so it's a smart move to buy now and avoid the potential
price gouging
altogether.
Once you're officially a homeowner, you can welcome rising prices,
because your home's value will shoot up. "This is good for the
individual homeowner as well as for the broader economy.
Find - Analyze, Negotiate the deals, Buy & Sell Real Estate...
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'' REAL ESTATE MILLIONAIRE FANS CLUB INTERNATIONAL; The Creative Real Estate Investing
Online Training. '' Real Estate Investment News & Blog For Home Buyers And Home Sellers ..
'' Bal Harbour Real Estate Information For buyers and sellers...
'' Aventura Florida Real Estate Blog And Homes For Sale - AVENTURA FLORIDA REAL ESTATE..
'' WHY INVESTING IN TODAY’S REAL ESTATE MARKET IS WONDERFUL IDEA?
'' Coconut Cay in Miami Gardens, Florida Homes For Sale..
Find - Analyze, Negotiate the deals, Buy & Sell Real Estate...