Real Estate Information | Let us create a 3d Digital eBook for you! DigyCat.com |
|
The Most Sensible Investment Decision Youll 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! 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 aboutInvestment Property Abroad
MORE RESOURCES: |
RELATED ARTICLES
Getting Raw Land, Not a Raw Deal! There is more to buying raw land than meets the eye and more than a few individuals have wished they'd had a second chance upon finding themselves duped, conned, misled, ill-advised, uninformed, oversold, undereducated and often unprepared. They realize, often too late, that a raw land purchase should be properly investigated, evaluated and negotiated using a logical and rational plan. Buying Houses: Types of Bargains to Find To make a good profit in real estate, you must buy right. Check out all property types available to find the best transaction for your specific situation. Should you Sell your Home yourself? Should you sell your home yourself? Yes and no. Yes, you should leave the option of selling on your own open and no, you shouldn't rule out using the services of an agent to help you sell. The Many Ways To Profit From O.P.P.s Multiple Cash Streams In a previous article we introduced you to the concept of O.P. Real Estate Value: Knowing yours is Key to Mortgage Success The value of the real estate you own, whether it is your personal residence or an investment property, is critical to your mortgage and financial success. If the balance on your mortgage is close to or higher than the value of your property, your real estate is not the financial machine it should be. 5 Simple Steps to Sell Your House Fast! The decision to sell your house wasn't made on the spur of the moment. It may have been spurred by the desire to live in a nicer home, the need to move for a new job or the necessity to get a handle on out-of-control costs. Credit Help: Buying Real Estate -- Not the Same as Buying Cars Credit for Buying Real Estate is Different than Credit for Buying CarsForget what you've been told about credit.You may be shocked at some of these tips because this information runs contrary to what other so called experts tell you. Termite and Moisture Damage Not Reported I have done so many appraisals where I saw obvious damage that was not reported by the other inspectors. The first couple of times I thought it was just carelessness. Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor! I have been a mortgage lender for many years and have seen a few transactions go sour. When problems arise after a contract is signed, it can be stressful for everyone involved. Selling Your Home - What Can Go Wrong With Title and Lenders If you're selling your home, there are going to be difficulties at some point in the transaction. Some problems can't be fixed. Jacksonville Real Estate Listings With over 30,000 residents, Jacksonville in central Arkansas is a thriving city that offers many opportunities for both longtime residents and newcomers alike. About 20 miles from the state capital of Little Rock, the city is expanding in many ways. Fixing Houses: Mixing Your Own Paint for Savings and Harmony To make the maximum profit on your investment properties, you'll need to save money wherever you can. One way to save significant amounts of money is to mix your own paint. Vegas: The New Frontier Unless you have been living in Siberia, you know that Real Estate is on fire in many places around the country. In fact, you would be hard pressed to find a city where this was not the case. Searching For Maui Beachfront Houses? Who wouldn't want to move into a Maui beachfront house?From the custom architectural jobs done on many Maui homes,to the beautiful beaches and other natural attractions inMaui, you're bound to find something you will love aboutMaui beachfront houses. However, like any home buyingprocess, you'll need to make sure several things are inorder before you make your move into your new Mauibeachfront house. Don't Just be a Real Estate Agent, be a Professional! Buyer Broker Agreement? What's that? Most agents don't ask their potential buyers to sign anything. It is too?well?you know?uncomfortable. Apres-Ski European tax haven Andorra enjoys the same fiscal benefits as better known Monaco, adding to property demand from those looking for residency in a tax shelter as well as traditional ski chalet buyers who flock to the country between December and April each year.With the end of the ski season last month many ski resorts in Europe have closed up shop until early December with overseas property owners having little prospect of rental income in the summer months. Bubble, Bubble, Toil and Trouble? We are selling our house. We have lived here for 15 years, the longest I have ever lived anywhere; of the places since I left my parents' home I think my previous best was three years. Create a Great Webpage 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. Landlords Dance The FICO Fandango Fair Isaac Corporation is the creator of the FICOcredit score that is used today by most lenders toevaluate consumer credit risk. FICO scores rangefrom a poor credit low of 500 to a best credit ratingof 850. Cutting Edge Real Estate: Is There Anything New? Part 1 The world of real estate has pretty much stayed the same for decades. It's no different today than it was 50 years ago. |
List4Sale Domain Is For Sale - $10,000 For Enquiries eMail Us © www.List4Sale.biz 2012 |