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Saturday, September 15, 2007
Open today September 15th from 1-4 Great House, Neighborhood and School District
Central A/C
Saturday, September 8, 2007
Home owner . . . Investor.
Owning a home helps you establish financial credibility. Owning your own home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets and anything else within legal bounds. As you make more payments and own more of your home, you add to its investment value. Most improvements you make will also add to its value. A home reflects its owner's values and lifestyle. Owning a home can provide you with a source of pride, enjoyment and satisfaction. A home can provide security against inflation because the value of your home increases as prices go up. Being established in a community provides a sense of belonging, stability and security. Finally most people find that the interest on your mortgage loan is deductible on your yearly personal income tax return. Many of the closing costs associated with purchasing your home are deductible, as are your property taxes.
All of these ideas are great for most Americans out there. I am looking for the investor or would be investor. The future investor is someone who has bought a condominium, Townhouse or small starter home many years ago and has realized a huge appreciation. The second step is to decide to move ahead. Sell or rent your place and move to a larger house. There is no better time to move up than now! Most people have at one point or another dreamed of a nicer, bigger, safer home in a better school district.
By doing this you accomplish two things, A better home for you and your family and a tangible retirement plan. To me the stock market is too volatile and of course Real Estate seems a little unstable too but if I had to pick between Stocks and Real Estate there is no question I would pick Land over an IPO. The only time Real Estate is risky is when you sell in a down market. I suggest not to sell at these times, just as any stock broker would not suggest to buy high . . . sell low, makes no sense.
This of course is not just a thought I decided to share with all but a testimonial. My first place was a Townhouse. I purchased it in 1998 for $210,000. After a couple of years I refinanced it, pulled some equity out rented the Townhouse and bought a house. Earlier this year I had the Townhouse appraised and was told that because of location it is worth $640,000. It is always rented and it rents positive every month. My idea for investors is simple, start small and make decisions based on researched data. The Motto “Location, location, location” still rings true in any part of the country. All you have to do is decide if you want to take control of your retirement yourself or leave it up to a stocks or a hedge fund.
I know that I would love to answer any questions that the future investor has on proceeding with this idea. There are also many Realtors and advisers in your part of U.S. willing to help and advise. Make sure you find someone established.
http://www.walnutcreekhomes.com/ (925) 567- 6763
All of these ideas are great for most Americans out there. I am looking for the investor or would be investor. The future investor is someone who has bought a condominium, Townhouse or small starter home many years ago and has realized a huge appreciation. The second step is to decide to move ahead. Sell or rent your place and move to a larger house. There is no better time to move up than now! Most people have at one point or another dreamed of a nicer, bigger, safer home in a better school district.
By doing this you accomplish two things, A better home for you and your family and a tangible retirement plan. To me the stock market is too volatile and of course Real Estate seems a little unstable too but if I had to pick between Stocks and Real Estate there is no question I would pick Land over an IPO. The only time Real Estate is risky is when you sell in a down market. I suggest not to sell at these times, just as any stock broker would not suggest to buy high . . . sell low, makes no sense.
This of course is not just a thought I decided to share with all but a testimonial. My first place was a Townhouse. I purchased it in 1998 for $210,000. After a couple of years I refinanced it, pulled some equity out rented the Townhouse and bought a house. Earlier this year I had the Townhouse appraised and was told that because of location it is worth $640,000. It is always rented and it rents positive every month. My idea for investors is simple, start small and make decisions based on researched data. The Motto “Location, location, location” still rings true in any part of the country. All you have to do is decide if you want to take control of your retirement yourself or leave it up to a stocks or a hedge fund.
I know that I would love to answer any questions that the future investor has on proceeding with this idea. There are also many Realtors and advisers in your part of U.S. willing to help and advise. Make sure you find someone established.
http://www.walnutcreekhomes.com/ (925) 567- 6763
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