Home sales are still flat in the conventional markets. There's still a lot of confusion as to what the market value of any given property might be. Sure, it's a buyer's market, but determining what's a good buy is difficult, to say the least. There are indications that a lot of rich foreign investors are scooping up properties by the dozens. This factor can skew the data on values as well. These are all good reasons for you to sign up for a real estate investing seminar! Believe me, you need all the savvy facts and real estate investing advice you can get your hands on now.
You might also want to buy the most up to date real estate investment book. By up to date, I mean one published in the last couple of months. Take a good look at the author's credentials. For example, a book written by a real estate consultant with 30 years in the field would probably be a good bet. This will help you get up to speed on current trends and buying strategies. You'll then get the most out of a good real estate investing seminar.
So how do you find a real estate investing seminar that delivers the information you need? There are thousands, for sure. The best ones for a home buyer would be hosted by a private real estate consultant, not sponsored by a particular real estate company avoiding any conflict of interest, you know. You can check with your local Chamber of Commerce, or do a Google search for 'real estate investing seminar your-area'. The cost and length of such seminars vary, depending on the qualifications of the consultant(s) and material covered. However, with a mortgage that ranges from 15-30 years, you'll easily recoup the cost by the time you sign on the dotted line.
So what sort of information can you expect to glean from a real estate investing seminar? Just about everything you need to know to make a good investment in the real estate market. Bring a list of questions particular to your situation. Bring up any issues not addressed during question and answer periods.
Here are some typical topics you can expect to hear about, without having to ask.
After the bank bailout, it's not likely the banks are going to be playing any of their previous games with the buyers. The consultant can clue you in on their latest practices and requirements for qualifying.
A recent news report indicated that potential home buyers are turning up their noses at homes selling for $100,000 in areas which, a few years ago, commanded twice that amount! Home values are a dicey proposition now. It's hard to know if the lovely home you've got your eye on will continue to hold its value, much less appreciate! A good real estate consultant will discuss this at length.
How about foreclosed properties being sold at auction? This type of transaction is not as simple as it might first appear. There are scammers and lots of fine print involved. Attending a real estate investing seminar can clear up all the ambiguities of buying property at auction.
In short, a real estate investing seminar may be the best investment you'll ever make.
0 Response to "Thinking of jumping in to the real estate market? Make"
Post a Comment