investing tips advice: Evaluate Risk before buying - 11/22/08 05:05 AM
Here are 3 thoughts to consider when evaluating risk before deciding whether or not your next real estate buying opportunity really is as good as it looks.
1) Comfort level - too much stress, fear , and unhappiness, are lingering effects of taking a risk larger than you may want to handle
2) Can you afford a loss - if there is one thing this difficult period in real estate has taught us, is that real estate is not guaranteed to go up forever, ask yourself if you can afford to hold your real estate years and years past what you … (2 comments)

investing tips advice: The investing " Holy Grail " - 10/27/08 09:36 AM
The investing " Holy Grail "
"Finance 101 will often tell you that, "the best time to buy is when opportunities are created out of seller necessity. A couple I have worked with for some time, just bought a home straight out of a Builders Inventory (these days, builders have taken homes back from a buyer who could not qualify for a loan.) The original price on this home was more than $700K. They bought this brand large beautiful new home in a wonderful community of Peoria for $400K.
Now, this couple has bought this new build home low. Have they … (3 comments)

 

Scott Skinner

Tempe, AZ

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