How To Become A Digital Real Estate Tycoon
A survey was conducted by Fannie Mae during the months Dec 2009 – Jan 2010 and 3,451 telephone interviews were conducted of Americans in various age groups i.e. 18 years and above. 887 of the respondents were homeowners, 1,100 were mortgage buyers, 908 were renters and 338 were underwater borrowers. The survey indicated that home ownership is still considered to be a “safest” investment in U.S. The survey highlighted household finances, housing finance system, confidence in homes as investments and overall confidence in economy.
In March of 2006, my eBook How To Prosper In the Changing real estate Marketplace. Protect Yourself From The Bubble Now! stated that in short order the this market would slow down dramatically and become a real drag on the economy. We are experiencing this slowdown currently and the economy I feel is not far from slowing down as well. History has repeatedly shown that a slow down in the real estate market and construction market has almost always led to an economic recession throughout America’s history.
A GPS can help you navigate through any city streets even in a big city like Jenks. Homes for sale hunts need not worry you anymore because a GPS provides directions through three critical factors. Your GPS signal, satellites orbiting the earth and the monitoring stations. These three factors combined will give you latitude and longitude coordinates to help you search faster.
We had just moved into our first real home together after a few months in a small apartment. We found a House for rent just around the corner from the girls’ grandmother. It was great because they had visited there many times, and had even lived with her for a while, so they had grown up with many of the kids in the neighborhood and knew many of the families.
Working with a realtor can be a very beneficial resource when looking for a home. While all buyers have access to a surplus of internet sites which list homes on the MLS (Multiple Listing Service), a realtor can access additional data that is not usually accessible. Also, agents have the capability of performing more detailed searches than the average website.
4) Yes, you must show what’s in it for them. By this I mean you must do your homework and show how you plan on paying them back. How much you plan to pay them. What interest rate you will pay them. Why it’s better investing in you than it is in a 401k or any other investment. Right now it’s easy to beat almost any other investment opportunity that they can get. You want to make them know this is the best bang for the buck for them.
How long will you be in it? When you buy real estate, you may think the last thing you should think about is selling it, but you should. A home’s resale value is important if you aren’t going to stay in it forever or if you want to get a line of credit to fix it up. Consider these factors while shopping and you should get a piece of real estate that you can be happy with for years to come.