|
|
Determining Your Home's Value
Determining your home's value, and setting a price, is probably the most important step in selling your home. Why? Because if your home is overpriced for your area, no matter what the cost of improvements that you have made on your house, buyers...
Finding the Perfect Home
Are you currently searching for a home that is for you? Well, this might be your luck because the answer that you are looking for might be on homesfindit.com. It is a website wherein you could find anything and everything about homes. Are you ready...
Getting Started In Real Estate Investing
With all the stories of people making tremendous amounts of money in real estate it's no wonder why so many are looking at real estate as an investment vehicle. It offers more security than the stock market, provides great potential returns, offers...
Harness The Web To Sell Your Home
The majority of people in the UK who are looking to move house use the internet to find properties for sale. So it makes sense to ensure that your property is on the web if you want to sell. If you are with an estate agent, most will list your...
Understanding Real Estate Lease Options
If you are an investor that sells properties using lease options you no-doubt understand why it can be an appealing avenue for those that need rental history and/or rent credits to help a challenging credit file. But, would YOU consider buying a...
|
|
|
|
|
|
|
|
The Most Sensible Investment Decision You’ll Ever Make
So much advice is bandied about on the internet and even on the street about what makes a sensible investment, what makes a good investment and what makes a secure investment.
Well – when you consider that for most of us our own home is actually our number one asset and that it is a strong capital appreciating asset, surely the most sensible investment decisions we can make will be locked into that real estate.
By making the decision to buy your own home you have already made the most sensible investment decision of your life! After all we’re all well aware that paying a landlord’s mortgage in the form of making rental payments each month is effectively throwing tonnes of your hard earned cash down the drain. By deciding to turn that hard earned cash into capital appreciating bricks and mortar you are investing into your long term financial security.
Here are two more sensible investment steps that you can take towards making the very most of your home and getting the very most from your home.
Step One – Make Home Improvements
A house is a living, breathing organic structure that requires constant ongoing attention and care; by keeping your home in pristine condition and paying prompt attention to any repair and renovation work that needs doing you will be managing your investment to the very best of your ability.
Just like investment fund managers constantly tweak and hone their investment decisions for the sake and benefit of their investors’ cash, so you should consider constantly tweaking and honing your home to keep it looking fresh, new and well maintained.
If you allow your home to fall into disrepair it will not only lose value but it will cost you far more in the long term to put right. Furthermore it will reduce the amount you can sell it for should you decide to relocate ever.
Step Two – Pay Off Your Mortgage
A mortgage is the only way most of us can afford to get on
the housing ladder – but there’s no denying it, it’s an expensive debt to carry around and shoulder each month. The longer you take to pay off your mortgage the more interest you will have to pay. The monthly amounts you pay in interest and mortgage insurances soon add up to in excess of the original amount borrowed!
Unfortunately for us most mortgage lenders like to lock us into long term contracts with penalties for early repayment and making lump sum payments but it is possible to renegotiate mortgage terms, find a new lender and get a flexible mortgage that allows you to repay lump sums without incurring a financial penalty. The best times to do this is when it is really a buyer’s market and just like the housing market is cyclical so the lending market is too. So wait until all the adverts are on the TV and in the newspaper telling you about the most competitive rates available and how if you move mortgages the new lender will pay all your fees and then make your move!
If you’re currently locked in to an inflexible scheme consider putting aside as much as you can each month into a suitable investment vehicle which is low risk and high interest paying and then access this money as soon as you’re able to pay it off your new flexible mortgage plan.
The sooner you truly own your own home the sooner you’ll be benefiting to the max from the most sensible investment decision you’ve ever made!
About the Author: Rhiannon Williamson is a freelance writer whose many articles about international property and investing in overseas real estate have appeared in publications around the world. Visit this link to read her latest articles about Investment Property Abroad: - http://www.shelteroffshore.com/
Source: www.isnare.com
|
|
|
|
|
Real Estate, Property, Land and Homes for Sale, lease and rent ... |
Comprehensive real estate and property listings. Includes information on buying and selling, tips on building, an auction timetable and other helpful ... |
www.realestate.com.au |
  |
Real Estate | Homes for Sale | Houses for Sale | MLS Listings ... |
RealEstate.com provides home listings , homes for sale , REALTORS , house listings , apartment locating services. We have Florida real estate , Texas ... |
www.realestate.com |
  |
REALTOR.com: Real estate listings & homes for sale |
Search for a new home or find mortgage rates, real estate agents, and relocation services throughout the US, Canada, and Puerto Rico. |
www.realtor.com |
  |
Real Estate on Yahoo! Real Estate - Homes, Mortgage Rates, School ... |
Yahoo! Real Estate is the most comprehensive place for real estate, housing market information, school reports, local mortgage rates and more! |
realestate.yahoo.com |
  |
Find Your Home Value, House Values and Prices on Yahoo! Real Estate |
Yahoo! Real Estate - Free instant home values and comparable home valuations for millions of houses. Check your home's price or any house value. |
realestate.yahoo.com |
  |
Real Estate, Houses for Sale, Rentals, Commercial and Businesses ... |
Real Estate, Houses for Sale, Rentals, Commercial and Businesses for sale at Realestate.co.nz. |
www.realestate.co.nz |
  |
Real Estate - Buy, Sell or Rent a Home - New York Times |
Online real estate listings for properties in New York and nationwide. |
www.nytimes.com |
  |
Century 21 Real Estate Agents and Brokers |
Agency with franchised offices throughout the United States, Canada, Europe, Latin America, the Middle East and Asia. Find local offices and agents, ... |
century21.com |
  |
Zillow - Your Edge in Real Estate |
Zillow provides a free Home Valuation Tool for Real Estate enthusiasts. Whether you're an agent, broker, buyer of investment property or first time ... |
www.zillow.com |
  |
STLtoday - Homes |
Real estate agent revels in the boom in downtown St. Louis living ... [more real estate news as seen in the St. Louis Post-Dispatch] ... |
www.stltoday.com |
  |
Real estate - Boston.com |
Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
www.boston.com |
  |
ABCs of Real Estate |
Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
www.realestateabc.com |
  |
washingtonpost.com - Washington DC real estate, Maryland real ... |
Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
www.washingtonpost.com |
  |
Coldwell Banker Real Estate Corporation |
Real Estate from Coldwell Banker ®. Buying a home, selling a home, or finding a real estate agent is easy with Coldwell Banker. Find a home, sales associate ... |
www.coldwellbanker.com |
  |
Detroit News Online | Real-Estate |
Sellers around the state have been frustrated with the slow sales patterns of Michigan real estate over the past year or two. But buyers have been enjoying ... |
www.detnews.com |
  |
Newsday.com - Long Island Real Estate for Nassau County and ... |
In a real estate market increasingly defined by niches, ... Real Estate Resources. Search by school district for recent home sales in Nassau and Suffolk ... |
www.newsday.com |
  |
Real Estate for Sale, Rent and Share @ Domain.com.au |
Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
www.domain.com.au |
  |
Luxury real estate news and features - Forbes.com |
Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
www.forbes.com |
  |
Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
money.cnn.com |
  |
Los Angeles, California, national and world news, jobs, real ... |
Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
www.latimes.com |
  |
|