The Real Estate Bubble-when Will It Burst?

Written by Nicole Soltau


Continued from page 1

While diversity is always a good idea and placing all of your investment funds in one vehicle, such as real estate, is never a good idea; there is reason to believe thatrepparttar real estate bubble inrepparttar 149218 US is not about to end any time soon. This is true for a wide variety of reasons. First, simply supply and demand. Mark Twain once suggested investing in real estate because as he intimated, they simply arenít making any more of it. What we have is all we have and when there is a strong enough demand; it can be quite valuable. Individuals and families are looking for safe, secure and affordable housing; however there is a dangerous shortage of this commodity. This isrepparttar 149219 primary reasons why flipping real estate has become almost a national hobby. It pays and it pays well.

Under ideal circumstances, an investor can purchase a property with financing fromrepparttar 149220 credit union, provide a model renovation and then resellrepparttar 149221 property with a return of around 15-20% on their investment. This may occur anywhere between 3-6 months fromrepparttar 149222 initial purchase date. Not bad. Professional investors have also learned how to tap intorepparttar 149223 huge profit potential of foreclosed homes, which they able to be purchased for under market value and then flipped for an even larger profit.

As with any type of investment, one ofrepparttar 149224 keys to investing in real estate is in understanding when to sell. Holding a piece of property is rarely inrepparttar 149225 financial best interest ofrepparttar 149226 investor. Some investors have found that a mixed strategy of holding and selling works well to provide income returns; howeverrepparttar 149227 best strategy in real estate investment remains flipping on short term projects to maximize profit potentials and reduce risks.

Nicole Soltau is the President and Founder of CreditUnionRate.com. The Leading Credit Union Directory. Search, Find, Join. http://CreditUnionRate.com


Choosing A Reputable Real Estate Appraiser

Written by Nicole Soltau


Continued from page 1

You real estate agent will most likely be able to suggest a real estate appraiser but this does not necessarily mean this isrepparttar right person forrepparttar 149217 job; it merely means this isrepparttar 149218 person they most often work with. To getrepparttar 149219 job done right you need to find a real estate appraiser who is able to perform a completely objective evaluation.

Look for someone who has been formally trained and who possess a license withrepparttar 149220 state real estate commission to perform such appraisals. Also look for someone who possesses adequate experience in performing real estate appraisals and who is knowledgeable aboutrepparttar 149221 local real estate market. Some states require real estate appraisers to have experience as a real estate agent and to hold a current real estate license; even if your state is not one of these it may be a good idea to look for someone with these qualities anyway because they probably have their finger onrepparttar 149222 pulse ofrepparttar 149223 local real estate market.

Like real estate agents, appraisers commonly specialize in certain types of real estate. Some specialize in commercial properties while others work only in residential properties. Some appraisers even specialize in only high end or luxury properties. Many consumers find it beneficial to select a real estate appraiser who specializes inrepparttar 149224 specific type of property they wish to have appraised. Finally, donít forget to ask for references and/or recommendations from any real estate appraiser you consider.

Nicole Soltau is the President and Founder of CreditUnionRate.com. The Leading Credit Union Directory. Search, Find, Join. http://CreditUnionRate.com


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