First Time Morgage :: Financial Publications:: dealings arises, the unit of property has a swift cash conversion value. for you apply online today try your search for morgage for first time buyers on. http://forum.hsc.sunysb.edu/mambo/templates/peeklime/css/first-time-morgage.htmlHOME | First time buyers are in an ideal position to buy a house, renovate, decorate and turn it around for a fat profit! What is more, the time is NOW - the market is right- read on...
In another few years, the bulk of the baby boomers will be moving to a prime real estate area (like this one) and many of them will be down-sizing and looking to buy a modestly-sized house.
They will be ready to have fun and may not have the energy or the wish to renovate and decorate. They do not have youth on their side - but you will.
As many of you will not have started a family yet, you will have time to fit this in around your day job. It may even pay better than your day job. Lets take a look at the figures for Bellingham Real Estate in the last ten years.
Now if you had taken this advice in July 2002, and bought a $100,000 home, it would have been worth more than double by now! Aha, you are thinking - I have missed the boat - but heres why this may not be the case:
The largest population burst we have experienced will be hitting the retirement scene in 2011 - when the youngest of the so-called baby boomers will turn 65. Some of them have been lucky enough to retire early and have already bought their homes. JustArticles.net Article Directory. | Struggling first time buyers get :: First time buyers are finding it more difficult than ever in Britains intense property market. Benefits of Financing Business Assets rather than Paying Cash http://www.justarticles.net/articledetail.php?artid=24050&catid=131HOME | First-time buyers are losing out | This is Money:: First-time buyers could be the major losers from the credit crunch as lenders demand they put down Property boom trebles £1m-plus homes. Fear of http://www.thisismoney.co.uk/mortgages/article.html?in_article_id733&in_page_id=8&ito=1565HOME |
But, this massive retirement is in its early days yet. Sought-after real estate areas are already reflecting a 20% rise in sales between this October and October of last year.
Well, if I have you convinced, lets look at some of the practicalities.
The least expensive house is a one bedroom home, and this is an ideal size to re-sell to a couple that is down-sizing. Many senior citizens are on a fixed income and do not want a large house because of the house taxes, heating bills and gardening that comes with a larger house.
If you are trying to attract a retired person, pay special attention to the noise factor. Do not buy near an airport, close to a nightclub, racing track, gun practice range etc. First-time buyers have never had it so bad - Times Online:: Not only are first-time buyers paying 19 per cent of their income in mortgage interest the highest level for 15 years but more than half are also being http://business.timesonline.co.uk/tol/business/money/property_andtgages/article1920740.eceHOME | Debt Poor Credt First Time Home Buyer :: Become Debt Free:: financing on home mortgage for first time home buyers and. in huntsville alabama offers first time home buyers the opportunity to obtain a grant. http://currier.harvard.edu/~freeculture/wiki/docs/html/debt-poor-irst-time-home-buyer.htmlHOME |
Remember this home is an investment so resist the urge to indulge your creative flair and paint the bathroom lime green with purple trim.
All rooms and walls should have a neutral color scheme. This means white with a cream tint or white with silver gray contrast, or white with a beige contrast. Keep your bathroom units white and your kitchen appliances white as well.
Do not be put off by a tiny back yard space, many seniors do not wish to do vegetable gardening or lawn mowing! But you can build a nice wooden patio, or lay stone slabs or crazy paving for their barbeque area.
If you are keeping costs down, add a few pots with large shrubs in. They will help to beautify the eating area and they can go with you when you move
A workshop or a garden shed is a big plus on a smaller property, if you are good at carpentry then you will get your investment money back when you re-sell the house.
Finally add paths of crazy paving or blocks. This is labor intensive for a senior but easy for you. To help your prospective buyer satisfy any social conscience, you can erect a clothes line near one of the paths.
A final word of caution, as the market climbs up, resist the urge to hang on for the peak.
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