If you are looking and hoping to buy your dream home, today may be a better day, than tomorrow will be. Home prices have been going up the last two and half years, and this was done on lower interest rates.
Today, prices are still moving higher, but so are interest rates. Also, little is heard, about the price of a loan, costing the buyer more. So you be paying a lot more just to buy property, along with paying higher interest rates on your loan in the future.
One thing is certain, inflation will cause prices to go up, along with interest rates. Remember the 1970’es?
So, where can you find more money to buy your dream home?
First, if you been riding good profits in the stock market, you may want to consider selling something, and use this to purchase your property. Property is tangible and limited.
A financial law of investing, prices go down a lot faster than up. Remember, bulls make money, bears make money, pigs get slaughtered – This was the main cause of the housing bubble along with government pressure, and lack of regulations to provide these loans to people speculating, and others taking out loans they could never pay back, that lenders gave, just to flip it over to another party.
Also, if you have an IRA account, the government still allow for tax-free withdrawal of ten thousand dollars toward the purchase of a house. A house is tangible goods. And it been well-known, they do not make much land in the USA anymore. There will always be value, because of is scarcity and based on its location.
A word of caution, the above advise should be verify with your financial adviser who would be more qualified than I and would know of any changes that has happened, since I was doing Tax’s for H & R Block.
Another two sites to check out, if not for a down payment or toward a purchase of your property, money to enjoy the upcoming holidays.
Simply go to MissingMoney.com or Unclaimed.org and punch in your name to do a database search of available unclaimed funds across all states. With one click of your mouse, you can cover the entire spectrum of what’s available. Sorry, not every single state participates. It may be a great ideal to go to each state you live in and enter your name. Good Luck..
Also, if you ever had a FHA home loan, HUD may be sitting on refund money for you. Go to HUD.gov and see if you’re in their refund database
I wish you great success, in finding unclaimed money from bank accounts, insurance policies, and safe deposit boxes hanging out unloved in your name or perhaps a love one that has passed on. Check on all family members, or pass this information on to them.
Now if you want great insight, on real estate and help in finding your dream home, team up with me and visit: http://WWW.RealtorRonGroup.com
Sign up for your free realtor’s data base account as well: Free Buyers Account. I be looking forward to working with you, and guide and coach you to your dreams. I won’t mind being your REALTOR.
Till next time, I pledge my best
Ronald (Realtor Ron W) Wolchesky
Cell: 239-209-1923: home: 239-349-4684