Therefore, by waiting for prices to drop another 5% due to the economy and if interest raise only 1% your effective payment is going to increase $81.88. The effect of the payment increase will drop your buying power by roughly $13,500 at 6% so you wouldn't even be able to buy as nice a home!
Oh by the way, if you don't close by November 30th of this year, you also loose the potential $8k First Time Tax Credit!
Jim Paulson, CRS, GRI,
This is possibly one of those "gem" bits of information to store away in the archives of one's mind. It is not restricted to just real estate although it does have a possibly huge impact for any buyers who are intending using money from outside of the USA for a home purchase. It has the potential for a significant gain in life events such as relocation to a foreign country and in the event of the dispersal of monies from an estate if crossing International borders. Well, the bank exchange rates are competitive against each other, but they are not telling the whole story. For example, if you were to received £100,000 and you deposited in your bank you would receive something like $142,000 due to the exchange rate. Now if you had an option, would you prefer to receive an extra $7000 on top of this amount. For example; You may think that people who move large amounts of money across international borders would know about this! If you are looking to move money from USA to UK or vice versa, try contacting Ashley Ingle at Excel Currencies. You can contact him on the details below or on LinkedIn.com (http://uk.linkedin.com/in/currencybroker).Ashley Ingle Tel: +44 (0) 1322 221121 www.excelcurrencies.com
For other currency exchanges a simple web search should provide the answers or possibly contact Ashley for a recommendation/referral.
According to Tennis Resorts Online (http://ht.ly/1HJAC) Kiawah Resort takes the #1 spot for the second year running and Wild Dunes has moved up to the #2 spot in the Gold Medal category. The data for these rankings comes from vacationers: people who pay for their holiday and thus have the best possible perspective on the quality of the experience. For 2010, the survey asked players to assess resorts and camps in 17 categories. Those included not only all aspects of the tennis experience but also such diverse off-court characteristics as the quality of the lodging, restaurants, children's programs, and value for dollar. For a complete run down of Tennis Resorts, please visit Tennis Resorts Online Previous Next
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