DO EVERYTHING YOU CAN TO BUY IN 2017 & LOCK IN A 30 YR RATE

DO EVERYTHING YOU CAN TO BUY IN 2017 & LOCK IN A 30 YR RATE

Specialist · Charlotte, NC · Member since 2016 · 111 posts · 95 votes

PLEASE, FOCUS & DO EVERYTHING YOU CAN TO BUY REAL ESTATE BEFORE FALL 2017

and lock in a 30 year interest rate.

Housing Prices in the US will be coming down slightly over the next 2 years as interest rates go up.

NO real estate crash coming....just a strong transition from home ownership to RENTING.

This is what FORBES calls a part of the SUBSCRIPTION ECONOMY. You subscribe to Netflix, Uber,

https://www.zuora.com/vision/subscription-economy/     Please visit  www.Zuora.com a worldwide company with a great website to show you the trend in worldwide business practices--it effects YOU.

...LOW HOUSING INVENTORY will save us from a crash:

"economists believe a housing crash is unlikely

because a shortage of homes coming on to the market"

NOTICED? Builders aren't building SINGLE FAMILY HOMES anymore--

they are building RENTALS...APARTMENTS...MULTIFAMILY. ..on every corner.

---“The counterpart to this trend has been robust growth in the private

rental sector, with 20% of households in England now privately rented,

a record high, up from 12% 10 years ago,” Gardner said.

This is a continued longterm downward trend in American quality of life,

in standard of living. A nation of renters has a different mindset to a nation

of homeowners ...transient renters do not have the same sense of COMMUNITY

and desire to improve their community by being involved in leadership and decisions.

IT IS A TREND BEING QUIETLY GENTLY FORCED ON US ALL.

The FUTURE: Only the people that can pay cash for homes or huge downpayments

& highest credit scores (FICO is also a rigged system against the average worker) will have the

TIME and ENERGY to beinvolved in the Community....to govern-"-to make the rules--we ALL have to live by."

...it echoed a report earlier in the week from the Bank of England,

which said MORTGAGE APPROVALS FELL for the first time in February 2017.

If you are trying to buy a home....DO EVERYTHING YOU CAN TO DO IT NOW.

re read that last sentence...>>>>.mortgage APPROVALS fell. <<<<

The system is being stacked against you as a future homeowner.

DO EVERYTHING YOU CAN TO BUY BEFORE FALL 2017, and lock in a 30 year interest rate.

Stop wasting money on clothes, crafts (women) ,hobbies (Men), CARS and new furniture.

There is nothing more financially important to you than THE HOUSE YOU LIVE IN.

This article sums it up in The Guardian, a UK Publication.  The same is true for the USA.

These decisions about your quality of iife are made by the 1%....You can think of this as a Sneak Preview....watch the limited coverage of key annual worldwide financial summits like Davos, where the 1% meet every year to make sure world finances are following the path they have chosen.

I strongly encourage any of you that desire the financial investment rewards of owning real estate (and the privacy and the freedom owning your own home provides) to focus your priorities and take action now.  Personally, I would rather OWN the smallest house (& preferably NOT in a subdivision) than RENT the nicest penthouse.   

The world is going to the efficiencies of SAS (systems as a service) with automobiles (think Uber-types--you don't NEED to own a car in the USA...you need access to one), software (think MS OFFICE), the list is growing and your future HOME of any price is the most expensive item on the list.

Therefore, it is a priority for the wealthy...to OWN THEM and rent back to you.  

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  • Jim BlackburnBusiness Member
    Lender · Florida Based (48 states Puerto Rico) · Member since 2017 · 322 posts · 121 votes
    9y

    This was an outstanding motivational message! I learned to educate myself to increase my value to others, so I can earn more for my time, and to keep my credit score high so I can be one of the top 1% and own real estate… thank you!!

    Stairway Mortgage, a Division of NEXA Mortgage LLC598 Reviews
  • Eugene, OR · Member since 2017 · 9 posts · 6 votes
    9y

    That was very insightful and helpful, thank you for that message! I am new to real estate investing and am looking to learn as much as I can to prepare for my first purchase, and rental properties are absolutely a crucial part of my investing goals. 

  • Logan AllecBusiness Member
    Accountant · Los Angeles, CA · Member since 2014 · 1k+ posts · 980 votes
    9y

    @Lisa Hoover, agreed.  We locked in $1mm in 30-year mortgages over the past two years.  Once in a lifetime!

    Clarita CPA Group516 Reviews
  • USA · Member since 2016 · 5 posts · 4 votes
    9y

    @Lisa Hoover Thank you for the post! Interesting observations. 

  • Investor · Evans, GA · Member since 2015 · 190 posts · 103 votes
    9y

    Blaming the 1% while ignoring the impact of central banks and government intervention into free markets is a specious argument at best.  While we are indeed living in an age of low interest rates, the reasons for lower home ownership are legion and can't simply be ascribed to nefarious aims of the 1% "owning the world".  And I would take any article by the Guardian with a tremendous grain of salt given their far left of center stances and belief in Keynesian interventions in markets.  

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