Lately I've had immigrants to America tell me that the reason they don't have an investment property is because they came here too late and they think they can't get into the market anymore.
Well I think there are always other opportunties out there it is just about educating yourself.
To know more email me: saskiaf@kw.com
Tuesday, November 6, 2007
Saturday, October 6, 2007
What are you reading
Right now I have two books I am reading - the first is the Four Hour Work Week, the second Robert Allen - Nothing Down.
The Four Hour Work week is certainly anyone in this crazy tech valley should read. How to cut down your work and enjoy your life - I think that's the best way to summerize this book.
I also recommend What Should I do with my life by Po Bronson who also wrote the Nudist on the Night Shift a highly popular book during the tech boom.
Happy Reading
The Four Hour Work week is certainly anyone in this crazy tech valley should read. How to cut down your work and enjoy your life - I think that's the best way to summerize this book.
I also recommend What Should I do with my life by Po Bronson who also wrote the Nudist on the Night Shift a highly popular book during the tech boom.
Happy Reading
Sunday, September 23, 2007
Greenspan on Meet the Press
Alan Greenspan was on Meet the Press today. He was asked by Tim Russert if he felt we were heading towards a recession and had the property market burst. Mr Greenspan felt that we were headed towards a slow down.
He expects home prices to 'move down more considerably'.
Remember we have seen this before and remember a good move is to buy on the slide down not necessarily at the bottom when everyone else is competing against you. And often at the bottom you will see the worst of the worse for sale. You will see the homes that have been rented for years that have been neglected etc. And you may not be in a financial position to improve your fixer upper.
My feeling is look at the market now as it is going down and if you see something in the right location at the right price or been sitting for a while there is no reason not to put an offer in.
A very good article was in the SJ Mercury News yesterday September 22nd in the RE section educating you how how to buy in a down market and be respectful of the seller.
He expects home prices to 'move down more considerably'.
Remember we have seen this before and remember a good move is to buy on the slide down not necessarily at the bottom when everyone else is competing against you. And often at the bottom you will see the worst of the worse for sale. You will see the homes that have been rented for years that have been neglected etc. And you may not be in a financial position to improve your fixer upper.
My feeling is look at the market now as it is going down and if you see something in the right location at the right price or been sitting for a while there is no reason not to put an offer in.
A very good article was in the SJ Mercury News yesterday September 22nd in the RE section educating you how how to buy in a down market and be respectful of the seller.
Tuesday, September 4, 2007
Agressive Agents
Wow the market's getting interesting now the shark agents are getting even more agressive. I notice that they are sharpening their tongues. I guess some sellers are really worried and shifting gears in the hope it will pay off. Well if the buyers don't want to buy, the buyers don't want to buy! That's how it is.
Plus personally if I was a seller my biggest concern at the moment would be that the buyer has a good lender in their contract!
Plus personally if I was a seller my biggest concern at the moment would be that the buyer has a good lender in their contract!
Wednesday, August 29, 2007
Rents on the Rise
When the market dries up and the buyers disappear the rents start to increase. We have seen this before.
Today I got a call from a person looking to rent in the Moreland School district. She has been given her notice from a home she has rented for 6 years because the management have decided to increase her rent. Naturally it's the owners right to do that, but if you ask me even in these times it's better to stick to what you know rather than what you don't know.
If you have something coming up in this rental area soon please let me know.
Today I got a call from a person looking to rent in the Moreland School district. She has been given her notice from a home she has rented for 6 years because the management have decided to increase her rent. Naturally it's the owners right to do that, but if you ask me even in these times it's better to stick to what you know rather than what you don't know.
If you have something coming up in this rental area soon please let me know.
Sunday, August 19, 2007
Agent Agent beware
Ever found yourself just wanting to say "BYE BYE" to a client?
Boy I think the best piece of advice I got this week was from a seminar I did with the Buffini crowd. As a result I will be implementing the Buffini style of referral business into my systems.
I'm looking forward to doing his training next month in Carmel area. What a different approach to finding clients.
Boy I think the best piece of advice I got this week was from a seminar I did with the Buffini crowd. As a result I will be implementing the Buffini style of referral business into my systems.
I'm looking forward to doing his training next month in Carmel area. What a different approach to finding clients.
Wednesday, August 15, 2007
Lender Lender beware
For months now I could have told you that the lending industry was going to be investigated. It's about time. Being a migrant to this country allows you to see things differently I feel. You keep your radar on alert all the time for scams or over zealous telemarketers.
When I learnt how a lot of lenders make their money on points I realized that there is something not right with this system. And then when we started to read about companies profiteering from their own people you start to get suspicious about what is going on in the market.
Anyway all I can say if you are looking for a loan have good credit and a good deposit to put into a property now is the time to go shopping for a house! Why? Well you my friend are a lot stronger than a lot of other people. Go to your bank vs your credit union and go direct to the source to get your loan.
When I learnt how a lot of lenders make their money on points I realized that there is something not right with this system. And then when we started to read about companies profiteering from their own people you start to get suspicious about what is going on in the market.
Anyway all I can say if you are looking for a loan have good credit and a good deposit to put into a property now is the time to go shopping for a house! Why? Well you my friend are a lot stronger than a lot of other people. Go to your bank vs your credit union and go direct to the source to get your loan.
Subscribe to:
Posts (Atom)
