Our Investor Summit Seminar is coming up in March, and we wanted to personally invite you because you are a part of the CAZA family.
Whether you are selling, buying, or renting your home; moving can be a headache and the cost is frequently overlooked. Failing to prepare for the costs involved has unfortunately left many with thousands in unexpected expenses. Luckily, estimating these costs can be simpler than it seems thanks to a few rules that can be found below.
In a seller’s market, much like the one we are in now, homes that show well and are priced properly are finding themselves in multiple offer situations. This is great for them, but its a tough spot of the buyers. In the recent months we have seen buyers lose a home even when bidding significantly above list price due to all this competitions, and one of the hardest things to overcome when you have competing offers is the all-cash buyer. When you find yourself going up against a cash offer it may seem like there is nothing you can do to get yours accepted. Fortunately that is not true.
Homeownership has been fairly synonymous with the idea of the American Dream and most people seem to really seek it out, but the truth is that it isn’t for everyone. Increasing the percentage of homeowners has been a goal of many politicians on both sides which shows how important it has become in the eyes of most. This isn’t just speculation either, the perfect example of Real Estate being a nonpartisan issue is shown in the “American Dream Down Payment Fund” that passed Congress in 2002. This is one of the very few bills that was unanimously voted for. There aren’t many topics that receive that kind of support, but that still doesn’t make homeownership for everyone.
When it comes to home buying, the vast majority of buyers go the route of a fixed-rate mortgage. Most people don't realize about other options and go with the fixed-rate mortgage without much thought. What if certain situations made it so that you would be better off going against this majority though?