Making the Most of Today's Market
Risk is Relative to the the Gain Reaped.
Think about that for a minute. We frequently take a risk for a probable gain. Asking a girl out is always a risk of rejection but the hope of a great time or more. Taking the job you had came with the risk of a crummy boss, a dead end position or worst but also with the hope of money to pay bills, promotions to extend the career or more.
Risk is simply part of life. No doubt some people are great risk takers that many of us have no stomach to emulate.....we all know of the Edsels, .com boom/bust and like events where many risked and loss. Yet, to set on the side line at this time in the Real Estate Market because it is a 'risk' to buy a home or an investment property is preposterous.
Though any investment has risks, when was buying something, anything at the lowest price "ever" from anxious or at least ready sellers a bad thing. Don't we buy shoes when we can buy one and get the 2nd 1/2 off or cars with $5000 cash back?? Bargain prices reduce risk of dissatisfaction, unrealized loss in value and other dangers of "overprice" items.
And isn't there a "Sale" on homes these days??? So likewise, the risk of negative consequences is minimized by "sale priced homes".
Add financing rates at unheard of 4%, 30 year and below 4% 15 year terms, the risk is minimized by the low cost of money and the increased equity growth realized each payment due to the lower interest. Yes!! Capital growth due to low interest.
It is true...some savvy buyers and sellers have leveraged the "sale on homes" and low rates to make the move in 2011....especially in the past couple of months. It is true due to job loss and such situations that not everyone, even the most savvy of people, can take advantage of this "low risk" environment.
Yet, what is holding you back???
The risk too great????
I hope note for your sake!!
Don't believe risk doesn't exist!
But know that Opportunity is very REAL!
Think about that for a minute. We frequently take a risk for a probable gain. Asking a girl out is always a risk of rejection but the hope of a great time or more. Taking the job you had came with the risk of a crummy boss, a dead end position or worst but also with the hope of money to pay bills, promotions to extend the career or more.
Risk is simply part of life. No doubt some people are great risk takers that many of us have no stomach to emulate.....we all know of the Edsels, .com boom/bust and like events where many risked and loss. Yet, to set on the side line at this time in the Real Estate Market because it is a 'risk' to buy a home or an investment property is preposterous.
Though any investment has risks, when was buying something, anything at the lowest price "ever" from anxious or at least ready sellers a bad thing. Don't we buy shoes when we can buy one and get the 2nd 1/2 off or cars with $5000 cash back?? Bargain prices reduce risk of dissatisfaction, unrealized loss in value and other dangers of "overprice" items.
And isn't there a "Sale" on homes these days??? So likewise, the risk of negative consequences is minimized by "sale priced homes".
Add financing rates at unheard of 4%, 30 year and below 4% 15 year terms, the risk is minimized by the low cost of money and the increased equity growth realized each payment due to the lower interest. Yes!! Capital growth due to low interest.
It is true...some savvy buyers and sellers have leveraged the "sale on homes" and low rates to make the move in 2011....especially in the past couple of months. It is true due to job loss and such situations that not everyone, even the most savvy of people, can take advantage of this "low risk" environment.
Yet, what is holding you back???
The risk too great????
I hope note for your sake!!
Don't believe risk doesn't exist!
But know that Opportunity is very REAL!
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