Knowing the “how’s”, “what’s” and “why’s” in buying a property is not enough. You need to consider the “when” as well. This is important because the price of the property in the market fluctuates from time to time. Meaning, the amount of financial investment is relative to time or season. Three indicators were named as [...]
Entries from May 2010
The Best Time To Invest In Real Estate
May. 17th, 2010
Finding The Best Luxury Homes
May. 17th, 2010
When “luxury homes” is mentioned, the usual connotation is expensive, high-end homes of the rich and famous. Luxury real estate is a real property with an appraised value of over 1 million U.S. dollars but it is not the same in all areas. According to one of the articles I’ve read, you don’t have to [...]
How To Get A Fair Deal In Buying A Real Estate
May. 17th, 2010
Everybody wants to get a fair deal no matter what the transaction is. Much more in home buying as it involves not only a lifetime decision but a great financial investment. Negotiations are anchored on knowing how much you should offer that is equally fair to you and to the owner. To know or determine [...]
Mortgage Rates For The 5 and 1 Year ARM Hit All Time Lows
May. 17th, 2010
The 30 year rate fell from 5.00 to 4.93 this week. In a time where the news is filled with stories about inflation fears we are seeing mortgage rates steadily decline. This is the 5th week in a row where rates have held steady or fallen. Its also the lowest we have seen rates in [...]
Why Would You Want A Beachfront Property?
May. 17th, 2010
For the sea calms the soul and everyone who looks at it are stilled by its magnitude.” Where else would you find a place of ultimate relaxation and well-being? Images of clear blue skies and beautiful tropical blue waters bring a different kind of feeling that is calming to the nerves. Moreover, water is associated [...]
Foreign Investors Flocking to Purchase Miami Beach Oceanfront Condos
May. 12th, 2010
Nicknamed the Sunshine State, Florida is not only a Mecca for retirees but also foreign investors in Miami condos. Considering that the state is predominantly a peninsula with the Atlantic Ocean on the eastern shore and the Gulf of Mexico lapping on the western portion, the availability of Miami oceanfront condos is plentiful. And with [...]
Getting an FHA Loan
May. 11th, 2010
An FHA loan is a federal assistance mortgage loan is available in the United States. They are insured by the Federal Housing Administration and are issued by federally qualified lenders. They essentially provide a way for lower income Americans to borrow money to purchase a home that they could not otherwise afford. They started during [...]
Understanding the Loaning Process
May. 11th, 2010
FHA loans are meant to fund housing for middle to lower class Americans. Like any kind of loan, it is a form of debt which redistributes money from a lender to a borrower. There is a principal that is initially a borrowed amount of money from the lender and must be paid back in an [...]
2009 Homebuyer Data: Women Dominate Men Among First Time Homebuyers
May. 10th, 2010
What do we really know about buyers and sellers of today’s housing market? Given the current climate of gloom-and-doom from the media, it’s not surprising that most people believe that there are fewer buyers and more desperate sellers out there. Are the players in this game really anything like the media’s portrayal of them? Well, [...]
Know the Ins and Outs of Commercial Property
May. 7th, 2010
You probably rub shoulders with commercial property more than you think. You went to your local Starbucks to grab a cup of coffee before you headed into work. Then you walked into your office building and spent 7 hours working there until you finally finished. Then, maybe you stopped by the bank to deposit some [...]