Orlando Real Estate Market: Time to buy?
February 21, 2010 by Joey Guest · Leave a Comment
Interest rates are still low, there’s a glut of houses on the market and now even high-end custom homes are seeing prices slashed.
Is it time to buy a house?
No way. The economy has yet to turn around, and prices are going to keep falling.
Close, but not quite. If the market hasn’t bottomed out already, it’s [...]
Time to Invest: Rents Now Cover Mortgage Costs!
February 2, 2010 by Joey Guest · Leave a Comment
Few investors have noticed that rents are finally covering mortgage payments again in residential real estate.
In many regions for the first time in years, rental income can pay the mortgage on smaller residential properties. We’ve waited a long time for this opportunity.
We have several friends who steadily became “high net worth investors” while creating significant [...]
Fear losing your home? Foreclosure tips, myths & facts
February 1, 2010 by Joey Guest · Leave a Comment
Hispanics got some of the worst loans during and after the housing boom, making them more susceptible to foreclosure and mortgage fraud, experts said Saturday.
They found it impossible to keep up with their subprime mortgages.
Even as the market began to soften two years ago, Hispanics in Central Florida ended up with about one-third of the [...]