11 Mar 2020
By Aadil Nathoo

Wealthy Seniors Can Benefit From Jumbo Products

Mortgage, ,
Individuals who own their homes with a considerable amount of equity should consider looking into proprietary jumbo reverse mortgages. These can be helpful tools that may allow seniors to either pay down an existing mortgage or fund their retirement.  These tools are particularly helpful in areas of the country that have high property values, such as California and New York. In these states, jumbo reverse mortgages may provide seniors with up to $4 million in potential loan proceeds. These funds can be applied to a variety of possible purposes. A Changing Thought Process Surrounding Reverse Mortgages In the past, mentioning…
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04 Mar 2020
By Aadil Nathoo

5 Essential Questions Real Estate Investors Should Ask Before Making An Offer

Real Estate, ,
Real estate investing is not only a great way to diversify assets but can also be used to generate both income and capital appreciation. While this is a fantastic opportunity, it is also important to choose investment projects carefully. It is critical to ask the right questions before making an offer on an investment property. Why Is The Building On The Market? There is a reason why the property is on the market. It is important to know the answer to this question. Sometimes, the house is on the market purely because the owner is moving for job or family…
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20 Feb 2020
By Aadil Nathoo

NAHB: Home Builder Confidence Near 1999 High

Market Outlook, ,
The National Association of Home Builders reported a housing market index reading of 74 in February; the index reading was one point lower than for January and was only two points below the highest reading of 76 reported in December. Readings over 50 indicate that most builders consider housing market conditions to be positive. Factors contributing to builder confidence included strong housing markets and low mortgage rates; job growth and higher wages also boosted builder confidence. Low Inventory Influences Home Prices Low inventories of available homes continued to drive demand and rising home prices. Homebuyers faced with low supplies of…
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12 Feb 2020
By Aadil Nathoo

The Impact Of The New Housing Construction Boom

Real Estate, ,
New housing construction starts reached a record high in December 2019 going up 16.9%. This represents a seasonally-adjusted annual rate of 1.608 million homes last December, which beat the record set in December 2006, 13 years ago, according to CNBC. This was surprising news, as predictions made before the end of the year were that housing starts in December would reach only 1.375 million homes. Experts say the current housing construction boom in the United States gets its support from the easy mortgage financing available and positive consumer expectations about the economy. What Does The New Housing Boom Mean To…
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07 Feb 2020
By Aadil Nathoo

How To Find Places To Buy Rental Investment Properties

Real Estate, ,
Real estate, which is a rental property, has the unique characteristic under the tax code of being able to depreciate it and pretend the asset is going down in value, while, if you are a clever investor, you will acquire property that actually increases in value. Additionally, there are other tax advantages for owning a rental property that can help shelter income. Positive Cash Flow The key to success with a real estate investment portfolio of rental properties is to build value while it is self-sustainable. Have the goal of creating positive cash flow from every owned property. Making $100…
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