Real Estate News

Much of my website is devoted to Real Estate Investing. I have been asked, and told, that people want to invest, but just don’t know how or why it may be better than the “standard or normal” ways of investing.

Here are some reasons for NOT INVESTING that I hear:

· I don’t want to be a landlord

· I don’t wish to make repairs on the property

· I don’t want to collect rent

· I know nothing about real estate investing

· Will I make more money

· I have no money to invest in properties

· ETC, ETC

All those reasons are valid, but like everything else in life, a good plan aids you in avoiding obstacles in your way.

So the question is: How do I develop a plan?

My answer to that question, and to learn exactly how to overcome the objections above, is by attending one of my Saturday morning Seminars at my office. Email me at dkmoeller@cox.net or call me at 405-216-0020 to schedule or to request additional information.

WARNING: There is no requirement to buy, but the facts about Real Estate Investment just may convince you.

Are you thinking of purchasing a home, and have never done it before.  Please watch the video and give me a call.

Listed below are the National Statistics for Mortgage Delinquencies:

• All Mortages
• 4.43% in Forclosure
• 8.23% in Default (30+ days late)
• 12.63% Total
• Prime Mortgages
• 2.56% in Foreclosure
• 4.49% in Default (30+ days late)
• 7.05% Total
• Subprime Mortgages
• 10.82% in Foreclosure
• 21.78% in Default (30+ days late)
• 32.6% Total
• FHA Mortgages
• 3.27% in Forclosure
• 12.66 in Default (30+ days late)
• 15.93% Total
• VA Mortages
• 2.25% in Foreclosure
• 6.92% in default (30+ days late)
• 9.17% Total

These figures are a bit staggering.  In 2011, it is predicted that the total of Distressed Properties (30+ days late) will exceed the total amount of homes sold with mortgages.

If you know of anybody who may be facing difficulty or expect to face difficulty in the future, have them give me a call.  Their are options to foreclosure, but don't wait to the last minute thinking the problem will go away.

(Figures quoted are taken from information from NAR and the Mortgage Bankers Association)

Many people have not considered themselves as capable to be a Real Estate Investor.

But if you are like me, you don't necessarily want to "manage" the property, yet those monthly checks are nice to see.  Call or email me to see how easy it is to make greater ROI and Cash on Cash investment over and above what you are currently receiving.

Listed below are a few people who think the time is right to invest in real estate.

“Rents rose at a better than 3 percent annualized rate in the third quarter of 2011, according to government data.”

—Lawrence Yun, NAR Chief Economist

“If annual rent gains remain near 3.5 percent, rents will double in 20 years...”

—Lawrence Yun, NAR Chief Economist

“In addition to strong returns on rental property, investors can anticipate solid home appreciation over the long haul ... the metrics on home prices in relation to consumer prices imply a 14% undervaluation. The metrics on home prices in relation to rental rates imply a 20% undervaluation.”

—Lawrence Yun, NAR Chief Economist

“U.S. home prices fell in nearly three-quarters of metropolitan areas in the third quarter and the national median price dropped 4.7%...”

—Alan Zibel, The Wall Street Journal

“Homes haven’t been this affordable since 1991.”

—Kiplinger.com

“More ordinary people are getting involved in real estate investing.”

—Carolyn Said, The San Francisco Chronicle

“Some investors are eying college towns as good places to buy rental properties. Housing demand is usually high in such places, vacancy rates are low, and rental prices are on the rise, according to Move.Inc. …”

—MarketWatch

Sources:

http://www.realtor.org/research/reinsights/economistcommentary

http://online.wsj.com/article/SB10001424052970203537304577028204017432034.html

http://www.kiplinger.com/magazine/archives/six-reasons-to-buy-a-home-now.html

http://seattletimes.nwsource.com/html/realestate/2016682817_realinvest06.html

I just want to propose an alternative method of solving the housing crisis.

Now to provide a disclaimer that I am not an economist, nor did I get straight A’s in school, (but I did pretty good); however, I think that my common sense has always offered me some good decisions in my life. I was watching a webinar earlier today that offered an idea that is worth expanding a discussion on.

If you are like me, you are getting fed up with the Nightly News, but there are a few assumptions that we constantly hear that I want to explore:

· We are told that banks don’t lend money and are hoarding cash

· We are told that a lot of folks are hoarding cash

· Short sales are increasing

· More investors are using cash to purchase

· The Federal Government just loves to sign blank checks

Okay, so you see where I am going. More Investors need to buy more Investment property!! Easier said than done. Right?

Here is how to do it. Let’s have the Federal Government (alias: Uncle Sugar) give Tax Breaks to Investors to buy some of these short sales and REO’s. Homes would get sold, and homes would be refurbished, thereby improving neighborhoods. The Federal Government could spend less on useless programs. Banks could start to loan money again. Happy days are here again!

Every home SOLD in Oklahoma puts about $60,000 into the economy. Then after a few years the Investor sells the property and another $60,000 goes into the market. This process might even produce some jobs.

Will the government save the Housing Crisis, or will the Investors?

Let me know what you think.