Investment home buyers have dropped off noticeably compared to years past, due in large part to the perception that home prices are artificially inflated and interest rates are high. But home prices seem to have stabilized at least for the time being, indicating that the surge in home prices may not be ‘artificial’ after all…. Read More
Investing in Real Estate
Real Estate as Investment Part II: The Power of a Real Estate IRA
Using your retirement account to purchase a home isn’t for everyone, but there are other ways to invest in Real Estate if you already own your home or you’re not quite ready to buy a property outright. Consider the Real Estate IRA. What is a Real Estate IRA? It is a self-directed retirement account that you can… Read More
Real Estate as Investment Part I: Finding it Hard to Save a Downpayment?
Rising rents are making it more and more difficult for hopeful home buyers to save enough money for a downpayment and closing costs. Home ownership has a mountain of advantages, not the least of which is the ability to build equity while establishing stability for you and your family. While your investment appreciates, homeowners can… Read More
FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For
FIRPTA – A Tax on Home Seller’s that Home Buyer’s May be Liable For FIRPTA has been around awhile but I ran up against it so many times in the past year that I’ve learned a lot more about it lately. The friendly folks at Pioneer Title were especially knowledgeable and helpful, explaining the finer… Read More
Evaluating Your Real Estate Options? #1 Tip – Get Local.
Evaluating Your Real Estate Options? Get Local. Investing? Relocating? Evaluating your financial position? It’s reasonable to assume that Real Estate will be an important factor in your equation. The relationship between our country’s economy and the nationwide real estate market is undeniable- the strength and weakness of each has an effect on the other. A… Read More
Video: The Pros and Cons of Buying a Property for Your College Student.
Video: The Pros and Cons of Buying a Property for Your College Student. Buying a property for your college can be a good investment but you must go into it with eyes wide open. In addition to the points brought up in the video, there are a few other considerations to keep in mind. You… Read More
Report: Multi-Family Homes as Investment or Residence?
Report: Multi-Family Homes as Investment or Residence? Folks shopping for a place to live have rarely considered multi-family homes in the past, but maybe they should start. Investors long ago realized the value of multi-family properties as a more efficient, more profitable way to cover their mortgage and investment costs. Multi-Family doesn’t need to imply… Read More
Think the final walk-through is a waste of time? Skipping it could cost you!
Think the final walk-through is a waste of time? Skipping it could cost you! I recently had a Home Seller client who was threatened with the loss of a deposit. I say threatened rather than ‘at risk’ because one very important procedure was ignored. Here’s the scenario. The Seller’s home was sold, closed and recorded…. Read More
Will Environmental Hazards Have an Impact on Your Home Value?
Will Environmental Hazards Have an Impact on Your Home Value? The factors most people consider when determining their home’s value include size, condition and location, but have you considered the impact of possible environmental hazards? In areas where they are most pronounced—environmental hazards such as poor air quality can and do have an effect on… Read More
Equity-Rich Homeowners Accumulating Wealth and on the Move
Equity-Rich Homeowners Accumulating Wealth and on the Move. I’ve been in this business a long time and I’ve seen several market cycles with all their ups and downs, the confident and the dismal. It’s heartwarming to see homeowners again being able to sell their home because they have equity and not in spite of it…. Read More