John L. Scott Real Estate
Wednesday, December 12, 2018
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Monday, November 19, 2007
Your home is an investment towards your future. It may seem like a monthly mortgage higher than your current rent check is too uncomfortable. A couple of things to remember before you wait any longer. Part of your monthly mortgage goes towards building up equity in your home, you can borrow against this in the future. You can write off your interest expense against your income. This is the biggest tax write-off available to most Americans. Your mortgage remains steady, if you have a fixed rate and you don’t refinance and use all the equity. Rents rise, often yearly. You will have more spending money for your retirement years if your home is paid off. In the future (15-20 years, your housing expenses will be lower than someone who rents. Leverage is used mot powerfully in Real Estate than anywhere else in the investment world. For $20k, a homeowner can (conceivably and given the right conditions) secure a $400k investment. That $400k could make a 10% gain in two years or less, netting the investor (borrower) $40k on their loan, a 200% return. Why continue to rent? There are still 100% financing programs available. You should buy yourself an early Christmas gift this year. There are deals available right now that will not be here next year. See OPPORTUNITY TIME link.
(information extracted from Home Buyers Guide and Document Organizer by Alex A. Lluch)
Posted by Jenna Englund at 11/19/2007 7:22:00 PM
Thursday, November 15, 2007
Real estate mogul Donald Trump discusses whether now is the time to buy real estate, particularly properties in foreclosure, with CNBC's Erin Burnett.
Posted by Craig Groves at 11/16/2007 12:22:00 AM

As a marketing manager and one who tracks statistical data for developers and builders, it is very encouraging to see the recent numbers. September of 2007 seems to be the month that we can call the bottom of the market. In October we have seen dramatic decreases in home inventories, especially in the new home arena. We have also seen a slight increase in sales and closings. Homebuyers need to understand that the really great opportunities in the marketplace will soon be gone! Especially in the new home market, where we will have about a 5.5 month supply of new homes in January of 2008. As the market climbs back up to normal levels, we will see the prices climb as well!  

Posted by Mike Pennington at 11/15/2007 11:56:00 PM
Monday, October 8, 2007
When fiber-optics are mentioned, everyone thinks of their use in phone and Internet communications. But what about their use in the home in lighting and in kitchen applications?
Posted by Michael Shumway at 10/8/2007 9:40:00 PM
Thursday, September 20, 2007
Take a good look at your office equipment, the computer, printer, fax, phone line(s), and Internet connection among others because now the other member in your office, the IT person, is also you.
Posted by Michael Shumway at 9/20/2007 10:10:00 PM
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