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Orange County NY Homes For Sale
Condominium and Fee Simple Ownership of Real Estate
Real Estate Ownership Generally, apartment-style buildings are called condos, two-story row houses are known as town homes, and free-standing homes on small lots are referred to as garden homes. Unfortunately, this description creates some...read more
Victorian. Modern. Colonial. What's Your Architectural Style?
Victorian. Modern. Colonial. What's Your Architectural Style? By Neda Dabestani-Ryba Prudential Carruthers REALTORS You are attracted to a home for more than its number of bedrooms and square footage. Whether consciously or subconsciously, you...read more
Real Estate Terms - From Easements to Good Title
When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with "easements." 1) Easement - permission given to (or acquired by)...read more
Indian Real Estate: Reaching for the Sky
Chandigarh Real Estate: A City Infiltrated by the Rich A Times News Network reports Chandigarh is slowly and steadilybecoming a city that caters to the well-heeled, wealthy crowdwith oodles of money to spend. The reason for that...read more
Directions for Success in Real Estate Investing
The one thing I want you to think about as we are starting theNew Year is the single most important factor in all of business.Take and throw everything you know out the window becausewithout this one possession, you'll end up more lost...read more
 
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Valuation of property and determination of premiums
Real Estate Investing: Infomercial, Tax Sales And Mentoring Scams
The Consequences of Over-Improving Real Estate
Investing In Real Estate
How To Get Started In Investment Properties
Commercial Mortgage Refresher Course
Staging A Home For Sale
How Come Buyers Pay More And Sellers Get Less Or How To Avoid Realtors' Dirty Tricks
Effective Real Estate Marketing Strategies
How To Get Ahead On A Low Income
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Real Estate Bubble Aftermath
Last spring, I was invited to go to Philadelphia and participate in a "real estate bubble" discussion on Ch 8's "Money Matters Today." Television reporters, newspapers, and media hype love scaring you to grab your attention. On the TV show, I defended the real estate market.

What's behind all this bubble talk?

Before you give any substance to warnings about a "real estate bubble," look closely at the source. Many stock brokers jump on the bandwagon of real estate doom to get investors back into the stock market. Also, many negative reports originate from mortgage lenders who want to keep the mortgage insurance rates high and keep the insurance premiums coming in for loans on houses that have appreciated.

So, what happened to the real estate bubble in 2005?

I can't speak for all real estate investors. If my family had been scared into discounting our investments, selling out, and not buying more property in 2005, we would have lost a million dollars. We bought and held houses. All of our property increased by 20% - 35% and the ones we fixed increased in value even more. In particular, for one home we paid $120,000 and spent $10,000 in repairs - within the year it appraised for $325,000.

Who profits from the real estate bubble?

Besides media scaremongers, mortgage insurance providers, and stock brokers, real estate investors make even more money. What's that? How do real estate investors make money from the real estate bubble? They take advantage of desperate home sellers scared by the media.

In January 2006, we bought an investment property that the home seller, in the midst of a divorce, discounted for a quick sale. The $340,000 property appraised for fifty thousand more than the purchase price. Now, we could quick sale the property for fast cash, but we're in for the long haul. The property has great development potential. So, we'll let the tenants pay for the mortgage and maybe tear the small house down in a few years. A half acre, one lot away from a future marina near new condos, has many possibilities.

Keep the bubble talk. People always need housing. The more you hear about the pending burst, the more money real estate investors CAN make.

Copyright © 2006 Jeanette J. Fisher

About the author:

Jeanette Fisher offers FREE "How to Start Real Estate Investing Teleseminar," free ebook, "The Truth about Making Money Flipping Houses" http://doghousetodollhouse .com
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