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Seized real estate market
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Build Your Retirement By Investing In Real Estate
By Suzie Shannon
Most people buy one or two properties. One is their primary residence and
sometimes they have a vacation home. Few people invest in real estate. The
main reason is they are not comfortable sticking their neck out in something
they are not entirely familiar with. There is so much that needs to be understood
and it just seems overwhelming to the majority of people.
Many homeowners pay off their house and retire or keep working their job.
Their equity is money sitting their quietly and not doing anything for them.
With that money they could invest wisely and be vacationing or playing tennis
instead of working. There's nothing wrong with working if you enjoy your job,
but how many people do? Your equity can be used to buy other properties, it's
called leverage. Call your bank today and talk to them about an equity line
of credit. You can set it up before you do any shopping. Remember you are a
loyal customer and deserve a good rate so know what other lenders are charging
before you talk to them.
Maybe you can do all the leg work and team up with someone you know who will
put up the money. You can split the profits how the two or three of you agree
upon (IN WRITING). Then you do the homework and find the good deal. They are
in every town, city and county all over the country. That's why you see signs
and ads everywhere saying "we buy houses".
This is not quick rich schemes. We have documentation of investors making
figures such as $25,000 in 30 days. And buying 5 government owned houses totalling
approximately $150,000 being worth about $275,000. One of our investors is
85 years old and already has money. He has 4 adult children and a wife. He
also belongs to a church which encourages retaining a life estate and leaving
everything to them.
Suzie is a licensed real estate broker and certified residential appraiser
with twenty years experience. Other professionals have contributed as well.
http://www.freewebs.com/realestatenews
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