Want to play a game? This game is called the real estate market game and today’s article explains how to play it. “The slowdown is good news for home buyers, of course. And recent weakness in real-estate investments, including home builders, has created opportunities for bargain hunters, some analysts say. But if the Federal Reserve begins raising interest rates next year, as expected, the cost of financing will increase—making things tougher for buyers and investors alike.” To read more, CLICK HERE.
Want to invest in real estate abroad? How about the UK and how about doing it for under $100? Sounds a little too good to be true. But believe it or not, today’s article discusses how it’s possible. Here’s what they had to say about the company, “Property Partner will deal exclusively with residential real estate and will allow investors to trade their interests, something that’s not been possible in the sector before.” To read more, CLICK HERE.
Thirty years to pay something off just sounds crazy but, as you know, 30 years is a typical timeframe to pay off your home. However, today’s article features one couple’s story and how they are trying to make their 30-year mortgage into a 15 year one. Here’s a little preview, “…buying a home is a huge commitment of time, money, and energy. But what if you could pay off your mortgage in half that time? Tom Cox and his wife, Vickie, are close to doing just that. Both now 46, the couple decided they would buy a home in 2000 but with the caveat of “going all in,” as they say.” To check out their story and to read more, CLICK HERE.
Today’s article tells the story of a couple who went a little too buy crazy when they had the opportunity but were soon stressed out to the max. Here’s a quote, “they had binged and bought three condos in Florida during the real-estate boom, but by 2011 were underwater by more than $300,000 on those mortgages. Even after receiving rents, they were losing $4,000 a month from servicing the loans and paying for repairs and other carrying costs.” Want to read more, CLICK HERE.