Posts Tagged ‘women homebuyers’

many more condo-for-sale signs posted in lake oswego – DSC01710

Originally uploaded by sean dreilinger

It’s a question only YOU can answer. There are incredible deals to make today in purchasing real estate. There are also some fantastic rental rates.

Do the analysis and then take a gut check.

1. How much do you have in savings?
2. What are all the reasons why you want to buy?
3. Are you in a career with growth potential, stagnation or elimination?
4. Do the numbers make sense — income minus mortgage, taxes, insurance, homeowners association fee and upkeep? Tax write offs and appreciation are a bonus.
5. How long do you expect to live in the property?

If the numbers make sense, how do you feel about it? That’s the intuitive part. You know when it feels right — and also when it’s not the best move.

Wilted Bride (Outtake)

Originally uploaded by Special

According to the Joint Center for Housing, there are reasons why single women buy real estate at more than twice the rate of men:

1. Incomes are growing
2. Financial independence
3. More women are graduating from college
4. Women are living longer than men
5. Women are marrying later in life — if at all
6. Availability of mortgages
7. Women seek a sense a permanence and security through their home and still want to ‘nest’ married or not.

What’s your reason?

tea

Originally uploaded by mohawk

Don’t get caught up in the bidding war frenzy that’s taking place in some parts of the country. You could lose your head.

Do your due diligence.

And have some tea and biscuits.

Previously I wrote about Janet in Phoenix.  Should she buy?  Should she wait?

She bought.   Or rather, she put in a contract which, after some negotiation, was accepted by the Sellers.  She’s getting the property she wants — neighborhood, size and amenities — for a fantastic deal.  Plus interest rates are so low that it’s well within her budget.

Are you sitting on the sidelines?  If so, what are you waiting for?