Tuesday, June 30, 2009

Infomercials

I have been seeing more and more homes just like this one. I wonder how inexpensively I could pick up one? I'm not in the market, but I know there are investors out there who are getting these dumps for next to nothing, and then renting them out. I also wonder how many of these investors have heard of dean graziosibio? He has a book and a blog.

If you are into infomercials, go to this website about being a real estate millionaire now and you most likely will recognize him. He has over 12,000 registered users so he must be doing something right.

My advice is always to do your homework, and never buy anything you cannot afford.

Boston hanging on?



Boston real estate does not seem to be hit as hard as other areas of the country, especially like California. Is it because real estate in Boston never had the overinflated jump that other areas did? Is there a high demand for luxury real estate in Boston? California does have more than its fair share of luxury real estate...Santa Barbara, San Diego, San Francisco Bay Area, just to name a few.

Boston is a historic and cultural place to live with plenty to do and see. California does not have as old of a history, but there is plenty to do and see here. Ocean, desert, mountains, valleys, vineyards, orchards, ranches.

Boston condos have held up pretty well considering that condos seem to take the first hit. California is not an area that has a high demand for luxury condos. Until recently, when developers started putting up cookie cutter two story houses so close you could feel your next door neighbors breath on your shoulder, Californians always had homes on fairly big lots with plenty of room to roam. Times they are a changin'.

Boston is an awesome city that I would love to visit one day.
If you live there or want to move there and are ready to buy visit Bushari Group Real Estate.

Tuesday, June 23, 2009

A House With Potential

This place should sell VERY quickly with the recliner out front and Christmas lights still up. The tough economy is nothing for this seller.

All kidding aside, I might have to take a look at this house. It looks like a fairly decent place that needs some minor work like a remodeled bathroom. It's no mansion, but with some work you could enjoy a nice place to live if you are one who likes a small house. Smaller means less to heat/cool, less to furnish, and less to remodel. You could just choose to update some parts of the home like making a tub into a walk in shower. I found a nice site that has a lot of up grades for the bathrooms if you are in the market for home improvements.

My wife and I recently bought a smaller home its 3 bed with 2 baths and we love it. It is cozy and our gas bill last month was only $8. Our electric bill was only $68 and we keep our air at 75-77 degrees. Since we bought less house we were able to upgrade some appliances, so it's not all bad. It helps that we don't have kids, but our dog Howard makes sure we keep him cool in the summer or else!

Sunday, June 7, 2009

Shack for Sale!


Located in Beautiful downtown Needles, California

View the serene Colorado River on the backdrop of the Mohave Desert from the veranda of this lovely little gem. Needs a little TLC...or just rip it down and start all over.

Once upon a time this house was likely someone's pride. A cool, breezy front porch to sit on and watch the Colorado River after a long, hot day at work. Now, it is a shack for people like me to take pictures of and mock. How sad what time does when things are neglected and treated poorly.

Tuesday, May 26, 2009

Vacation or Buy?



A few years ago I knew a guy who was cashing out and moving to Mexico. In the back of my mind I was thinking hhhhmmm, why would he want to move to Mexico? Now I hear about more and more people leaving the USA and buying in areas like the Playa del Carmen real estate.

My sister has been there several times, and loves it. She takes her vacations there year after year, and I think out of curiosity the next time she goes, which should be very soon knowing her, I will ask her to pick up some real estate magazines for me of Costa Rica Golf Real Estate.
I am a real estate magazine junky, but if you would rather just see Costa Rica Golf Real Estate through the internet you can click the links.

It can be confusing to buy real estate in this country, let alone thinking about investing out of the country in Panama Real Estate market. The links above should have some very helpful information for you. Maybe you are not in a position to buy now, but it is never to late to think about how you want to spend your retirement years.

Saturday, May 16, 2009

My First Home



My very first home on my own was a sailboat similar to this one (minus the seals). I loved the boat life. It was simple and cheap, but as you grow up you want better things in life, like a real home.

I was self-employed, so getting a loan was not easy. I didn't even have a rental history. I just paid slip rent to keep the boat there. I had to shop around for places like Advantage Home Rates. I was able to get a loan, and have owned three homes since the boat life. There are still a lot of people who are self employed, and if they want a loan they might want to look at places like this one.

There are also those who are buying the houses that have been trashed by the previous owners, which you can get pretty cheap right now. A good source for a loan for a place like that would be Advantage Home Rates. Then there are individuals who have bad credit, but still have a good job yet have had some bad luck along the way, but want to be a home owner. It is still possible to get loans. It may take some work, but it can be done.

Thursday, May 7, 2009

Things turning around?



Statistics released Tuesday by the Lake Havasu Association of Realtors, indicate the number of residential homes sold in the city jumped 12 percent in April over the same time last year. There were 154 homes sold last month, as compared to 120 in April 2008.

The increase in homes sold comes after median sales prices dropped more than $65,000 from last year.

However, Realtors continue to close the gap between the total sales dollars. Dollar amounts for April were just more than $3 million less than this time last year, at $27,635,314. Last year’s figures were $30,852,999.

April’s total dollar amounts also helped Realtors gain some ground on the year totals. Through April 2008, sales dollars were more than $109 million in the city. This year, those figures are just slightly less at $91.5 million.

Pat Landry, president of the Lake Havasu Association of Realtors, says the reason continues to be the number of foreclosures on the market. In April, sales on foreclosed homes accounted for more than half the total sales in Lake Havasu City, Kingman and Bullhead City. There were 78 foreclosed homes sold in Lake Havasu City, 37 in Kingman and 59 in Bullhead City. Lake Havasu City had 208 foreclosures on the market, Kingman 123, and Bullhead City reported 115.

Landry said she expects the number of foreclosed homes sold to increase in the next month, because of the number of those homes still pending escrow.

The departure of snowbirds from Lake Havasu City is having an impact, according to Landry. Part-time residents from as far away as Montana and Wisconsin currently have homes pending escrow. Landry said this is a typical trend that occurs each year right before winter visitors go home.

One thing, she said, that has been different is prospective buyers are taking a look at more homes, making sure the one they are buying is what they want for the right price.

Buyers are looking at how the home was built, including insulation, windows, air conditioning and energy efficiency to determine what utility costs they would incur with the purchase of a particular home.

The American Recovery & Reinvestment Act tax credit for first-time homebuyers has yet to impact sales, Landry said. Under the stimulus plan, first-time homebuyers would receive $8,000 tax credit next year. Landry said if the tax credit applied to every homebuyer, it might have more of an impact. With homebuyers not receiving the credit when they apply for the initial loan, Landry said she doesn’t see it making much of a difference. In fact, one first-time homebuyer she dealt with didn’t even know about the tax credit.

As the economy improves, the housing market will follow or vice versa. Landry said both are neck and neck with each other. And, with low-interest loans and low market prices on larger homes, she said things should continue to move upward. Homebuyers should be aware, though, lenders are being stricter on who they will hand out loans to.