marketing: 5 Reasons Houses Beat Stocks. Realtors Must Read!
- 02/07/08 07:38 AM
Despite what Wall Street wants you to believe, owning a home isn't the same kind of investment as stocks and bonds. What you get is a USE asset that depreciates over time, while it grows in market value. All you have to do is keep the home in good repair to max out your take. Here are 5 Reasons why you get more for your money with a house than a worthless sock puppet: LEVERAGE:with stocks, you put in all your money for a little piece of a company. With a house, you put in a little money to get all of the … (1 comments)
marketing: THE NEW FHA?
- 12/17/07 04:41 AM
It looks like the House and The Senate are trying to come up with a better FHA Loan. As Of December 12,2007 here is where we are: DOWN PAYMENT: Senate$ 1.5 % House 1.5 % Max.Mortgage Amount: Senate: $417,000. House: $729,000. Seller Assistance: Senate: 0 House: 0 There is still talk about "Risk Based Pricing" where FICO Scores could change the amount of Mortgage Insurance from as low as 1.5 % to a high of 2.00 %. Everyone wants to see a change by year end, but with the Holiday schedule it appears that a change will happen in early 2008. This could be a … (6 comments)
marketing: MAKE YOUR LISTINGS STAND OUT!
- 12/13/07 04:24 AM
WHEN WAS THE LAST TIME YOU CALLED YOUR SELLER TO LOWER THE RATE? Yes, lower the rate. With all the inventory out there, you as the Realtor must make your listing stand out. Many times you tell the seller, that the only way to get more showings is to lower the sale price. Asking a seller to lower the price of the home $10, $20,000. is not an easy task. It is money out of the seller's and your pocket. Consider this: If two similar homes are for sale and one is offered at 5.50 % interest and the other is at … (4 comments)
Despite what Wall Street wants you to believe, owning a home isn't the same kind of investment as stocks and bonds. What you get is a USE asset that depreciates over time, while it grows in market value. All you have to do is keep the home in good repair to max out your take.
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