Is Now The Time To Buy A Duplex?
Question: I\’m ready to purchase a 2-unit property. I\’m trying to buy and rent, hopefully with enough income to break even on the mortgage, taxes, insurance and upkeep if I can. Houses in the $400K...
View ArticleAre Florida Condos The Right Investment?
Question: I\’m a retired teacher and interested in buying a place in central Florida to escape Ohio winters. If I buy one what do you think the chances are that they will be selling for more money a...
View ArticleWhat Happens To Home Sales If Mortgage Rates Rise?
Interest rates reflect the cost of money nationwide — but real estate values are established locally. If you look at the question in general terms, higher interest rates mean larger monthly payments,...
View ArticleWhy Suze Orman Is Wrong
I find many of the financial suggestions and strategies offered by Suze Orman to be sound and sensible, especially her recommendations to eliminate credit card debt and bulk up savings. Her efforts to...
View ArticleHow Much Will Home Values Increase In The Future?
Question: What is a reasonable rate of future appreciation? Answer: No one knows or can know. No less important, rising values are not guaranteed. You may find that appreciation in a given community...
View ArticleWhy Some Real Estate Still Pays
Across the country retirement dreams are falling with the speed of 401K balances. People are discovering that the easy life they had planned for their “golden days” no longer exists. The issue, of...
View ArticleWhy Stocks & Houses Don’t Compare As Investments
There must be a million side stories to the bankruptcy of General Motors, a terrible event for the company, its workers and shareholders. One of those stories concerns the Dow Jones Industrial Average...
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Inflation, Deflation, Mortgages & Wealth
Freddie Mac’s weekly mortgage rate survey shows that the average 30-year fixed-rate mortgage (FRM) was priced at 5.59% with .7 points. This is a huge jump from last week when the rate stood at 5.29...
View ArticleShould We Dump Real Estate Investors?
When it comes to bailing out giant banks, huge companies and massive stock brokerages there’s no shortage of government interest and activity. After all, it’s in our national interest to protect...
View ArticleMortgages With No Money Down
The very expression “no money down” is enough to stir outrage and anger in many quarters, the argument being that in a transaction with no money down the buyer has little incentive to make payments or...
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