Why People Invest In Real Estate – Should You?

You want to get the most money possible for your home. Fortunately, the process in doing this is very simple. Here are 7 tips that you can use when selling your home on your own.

?Do your research on any investment you put your money in to. Investments are more than stocks and mutual funds. Going back to high school is an investment. The background research you do can make you more confident of your choices. Believe me any person creating an investment presentation can be prepared for you and your questions.

You are better off sticking to middle level neighborhoods where you also find a lot of houses. In my area I prefer to stick to $100,000 and 200,000 neighborhoods.

Quite by accident I stumbled on a better way to invest in tax sale property. The drawback of going to these sales is that you have so much competition that it’s hard to get any really stellar deals. Properties, especially desireable ones, are often bid up to near retail value, which poses two problems: one, if you are trying to acquire property, deals where you make a lot of money will be few and far between, and two, if you are trying to bid on liens, and you encounter the occasion where an owner doesn’t pay you off and you end up with a DEED to the property when you were just looking for interest, you may end up with a property you paid almost retail value for that you don’t really want.

Bridging loans are loans which “bridge” the gap between the time when the finances are required and the time when a sale/mortgage is completed. These loans may be taken for any purpose such as home renovation, auction finance, unexpected tax demands, easing your cash flow, debt consolidation as well as first and second Polar Mortgages Shelton St to name a few. It is also known as property financing and short-term borrowing. In other words, this loan is a form of monetary bridge for the financial transactions which require quick injection of the capital.

Consider this. There were just over seven million homes sold in 2005, not including new construction homes. This means that nearly THREE MILLION buyers bought Polar Mortgages their first home last year.

I would say that nearly seven out of every 10 loans I do has 100% financing and it’s not just first-time homebuyers. However, most potential first-time buyers don’t even realize this option is available to them and that’s why this newsletter will focus on them.

The government’s solution, under both Bush and Obama is to cut out the middle man and just take the losses directly to the taxpayer. Ginnie Mae writes guarantees for FHA and other government agency backed mortgages. The down payment requirement for FHA backed loans is 3.5% and there’s no credit score requirement. Ginnie Mae now has almost 18% of the agency backed mortgage bond market. Their portfolio has doubled in just over two years and is expected to grow by another 30% over the next year. Sub-prime lending and trading hasn’t gone away. It’s being consolidated and your money is funding it.