Interest rates are at extreme lows, enabling people to either refinance their mortgage or get qualified to purchase a new home. The problem is, however, that appraisal values are consistently coming in lower – a clear indication that real estate values have not hit rock bottom just yet.
Las Vegas has long been a Mecca for gamblers, but now has become the go-to place for real estate investors looking to cash in on the massive down-turn the city has experienced over the last several years. Not only are home prices way down, but interest rates are near all-time lows while rents are climbing. Las Vegas has the highest foreclosure rate in the nation — and many of those former homeowners now rent.
For those in the market to purchase a home, whether you’re a first time home buyer or seasoned investor, you’ll soon come to realize that CASH is the ultimate weapon of choice when making an…
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
I found this video online. It is a very easy to understand outline of how the credit crisis came to be – definitely worth your time to view.
To say that interest rates are low is an understatement. If you compare interest rates of today to the last 40+ years, you’ll see why so many people are in a frenzy to either buy a…
Probably the most common question people ask nowadays: “Is this a good time to buy?” Buying a home is probably one of the biggest investments you’ll ever make. It’s the biggest aspect of the “American…