News, Events, Tips and Resources
Few would deny that real estate is a solid investment. It
provides an attractive combination of stability, reliable cash flow,
preservation of principal and capital appreciation. However, many investment
property owners nearing retirement find themselves in a quandary. They are
equity rich, but cash poor, with increases in the value of their property far
outpacing income growth. They also are often tied down by the day-to-day issues
of property management and, particularly in cities like San Francisco, California,
shackled to the constraints of rent (and eviction) control. In fact, San Francisco is home to some of the lowest cash return on
equity in the state's real estate marketplace, which is somewhat
counter-intuitive given California's
ever-booming property market.
Getting an appraisal on a home is a fundamental aspect of making a purchase. While appraisals are certainly helpful, you should not put too much stock in them.
Don’t Rely Excessively On Appraisals
An appraisal is a valuation of a property by an independent
appraiser. The appraiser does an evaluation of the home, considers the home in
comparison to others of comparable type and so on. Once completed, the
appraiser then issues a written appraisal value of the home. Many homebuyers
make the assumption the appraisal is the true value of the home both now and in
the future. This can be a dangerous assumption.
Mutual fund info is one of the most sought after things on
the market when it comes to investing. People are considering this fun option
for many reasons. First, what is a mutual fund? It is a way of allowing many
investors to pool their money together and to allow a professional investment
manager to manage the money in the larger sum. Because more is invested as the
group, more money can be made in this situation. But, who, what, where and when
are all questions that many people are asking as well. Mutual fund info is
right around the corner though.
If you use a vehicle for conducting business, you can deduct certain automobile tax expenses from your tax bill. This is true even if you use the vehicle for personal and business needs.
Automobile Tax Expenses
The powers that be have historically written sections
into the tax code promoting business activities. One of the traditional
write-offs has always been the expenses associated with using a vehicle for
business purposes. READ MORE HERE.....
1. NO CLUTTER. Throw out old newspapers and magazines. Pack away most of your small items like figurines and other trinkets. Store clothing that won’t be used in the near future to make closets seem roomier. Clean out the garage. Buyers like to visualize their possessions in the house and that is hard to do when the home is full of clutter.
One of the biggest hurdles to getting into your first home is the down payment. Down payment gifts represent one way of dealing with this issue.
Down Payment Gifts
Down payments can be one of the hardest things to overcome for first time home buyers. Down payments can be extremely expensive, but the problem is they are extremely important. Although no down payment mortgage loans can be sought out, those loans are tricky and generally carry high interest rates meaning many avoid them. However, first time home buyers still need a way to be able to meet the down payment so they can proceed with purchasing their home. One of the forms of assistance that can be found to achieve this is down payment gifts.
Many homeowners make the mistake of thinking re-financing is always a viable option. However, this is not true and homeowners can actually make a significant financial mistake by re-financing at an inopportune time. There a couple of classic example of when re-financing is a mistake. This occurs when the homeowner does not stay in the property long enough to recoup the cost of re-financing and when the homeowner has had a credit score which has dropped since the original mortgage loan. Other examples are when the interest rate has not dropped enough to offset the closing costs associated with re-financing.
READ MORE HERE....
The adjustable rate mortgage is a type of loan which will be secured on a home which has an interest rate and monthly payment that will vary. The adjustable rate will transfer a portion of the interest rate from the creditor to the homeowner. The adjustable rate mortgage will often be used in situations where fixed rate loans are hard to acquire. While the borrower will be at an advantage if the interest rate falls, they will be at a disadvantage if it rises. In places like the United Kingdom, this is a very common type of mortgage, while it is not popular in other countries.
READ MORE HERE....
One of my all-time favorite ways to spend a Saturday morning is to visit garage sales, probably because I have so many great memories of going to garage sales with my mother and my grandmother. I remember waking up early and eating my breakfast as quickly as I could so that we could get out and explore the many garage sales that were held around our town during the spring and summer. Read More Here....
Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that doesn’t mean that profits from property investments are hard to come by.
Even during a real estate market slowdown, stagnation or
depression profits can be made locally and overseas. This article shows you the top ten tips that
real estate investors apply to their property portfolio building strategy to
ensure success from their investments. READ STEPS 1 - 10 HERE....