Student Loans & Mortgages: Owning Real Estate In Your 20s
No more than ever before, people in their 20s are looking into owning real estate. As mortgage payments have increasingly been the domain of younger and younger people, questions have arisen over the true benefit of owning a home at a young age and just what type of person should do so. Certainly, owning real estate at a young age is not for everyone and there are some things to keep in mind when considering the possibility. Of course, one of the key benefits of being a young person is given up when committing to a mortgage, an element of freedom. It is difficult to pick up and move when a mortgage payment is due every month and that can weigh heavily on a decision to plant roots at any age. Add to that an uncertainty in income as a result of being fairly new to...
Read MoreReal Estate Investing: Every Millionaire I Know Has a Real Estate Portfolio
Anyone who becomes a professional at their job has been educated to do so. Landlords believe they can jump into the rental property business without an education. If you do not educate yourself properly you will lose your shirt. You may even quit the business before you really get rolling. The most important principle to realize is that every inventor or even millionaire had failures along the road to success. It is the people who press on and learn from these failures that really become successful. People are amazingly never taught this concept from our peers or parents. It is so important to know that most people do not succeed on their first attempt. Many people quit because they are never told this huge truth. Sports legends are another example of this...
Read MoreHow Short Sales Work
What are shorts sales? What can you do to avoid experiencing it? How can you get out of it whenever you are already in a short sale? These are some of the questions that we will be answering in this article. As we go through this discussion, you will be able to learn more about short sales and will help you understand the problems that you may experience with it. Reading this article will also explain to you the importance of hiring a real estate agent in order to save yourself from the so-called short sale. A short sale occurs whenever the value of your home is less than the amount that you have to pay for the mortgage and the amount that you need to spend for the sale of the property. An example of this is when the value of a house is $200,000 with a total sale...
Read MoreThe Ultimate Selling Buzz Word: Curb Appeal
Chances are, in the mind of a potential buyer, your home is not the unique gem that you might think see it as. It can be hard to understand that, but most homes have a pretty basic structure that might change from home to home but does not vary greatly overall. If you are aiming at creating that elusive buzz word, curb appeal, understanding that and playing up the strengths you do have can help you tremendously. Curb appeal can help you cut through a lot of the hassle of selling your home buy motivating buyers to want your property before even setting foot inside the real estate. With a surplus of interested buyers, you can skip the process of even hiring a real estate agent and simply sell it to one of the interested parties that has demonstrated interest in your...
Read MoreVA Home Loans Vs FHA Loans For Veterans – Which Is The Best Choice?
Many US veterans who are in the market for a new home may be struggling to figure out if a VA loan rate is a better option than an FHA loan rate. While there are many great deals for FHA loans out there, without a doubt VA loans are the best option for mortgages. This is because only veterans of the United States’ armed forces are eligible to receive these loans and their interest rates are kept particularly low for both VA loans and VA Streamline Refinance. It Is All About Interest Part of the benefit of the down economy is that interest rates have been set at historic lows. This has a two-fold benefit. Overall, the lower interest rates help to encourage buyers in a sluggish real estate market and, as a home buyer or refinancer, it is of particular benefit...
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Bev Schow
DRE #01867018
As a highly energetic and creative broker/agent and stock broker, Bev Schow has sold over 80 million dollars of real estate, is a member of the President’s Circle (the top 3% of all sales associates in the country), and holds both CRB and GRI designations. Read More.
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