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or rehab
the old homes. This kind of activity will eventually attract
other investors or home owners with money. Once the money starts
rolling into the neighborhood it changes and starts to become a
more desireable place, which ultimately attracts more money.
I purchased a home in a depressed neighborhood on the water in
Bradenton, Florida. A developer is buying my house and other
depressed
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And since rising interest
rates are likely to be one of the triggers that deflate the real
estate bubble, this possibility is all too real.
Commit larger down payment
First time home buyers can be particularly at risk when there is
a downturn in the housing market. That is because many of the
mortgage loans being written today are being written with
minimal down payments,
Continue . . .
was written by Dion Smith of The Westside Group,
offering top-notch real estate services in California. The
Westside Group also provides a wealth of free resources for any
home buyer or seller. Contact us today to receive your FREE
HomeBuyer or HomeSeller Handbooks. Reproductions of this article
are encouraged but must include a link back to
http://www.westsidegroup.com/
Continue . . .
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