by Joe McAuliffe | Jan 24, 2011 | Buyer Considerations, Cup O' Joe
The Most Important Reason to Buy Quality of Life Trumps Money Every Time For the past several years, Buyers have been conditioned to only consider price in the purchase of their home. Daily media reports have focused on the drop in home prices and how important it is...
by Joe McAuliffe | Jan 12, 2011 | Buyer Considerations, Cup O' Joe
700% Returns – Why Buy Rental Property Investment Pro-Forma Share this analysis process with potential long-term investor buyers. Investment opportunities in Real Estate are unbelievable. Many investors are once again “flipping” Distressed Properties or Bank...
by Joe McAuliffe | Jan 11, 2011 | Buyer Considerations, Cup O' Joe
Get a Mortgage for Goodness Sake The “OPM” Strategy – using OTHER PEOPLE’S MONEY This would be a great piece to cut and paste and send to all clients and sphere of influence. An investment strategy being used by many people involves using banks to finance investments....
by Joe McAuliffe | Dec 20, 2010 | Buyer Considerations, Cup O' Joe
MORTGAGE INTEREST RATES JUMP AGAIN Once again, mortgage interest rates jumped sharply last week. In the past six weeks, mortgage interest rates have increased nearly one full percentage point from an average of 4.7% to nearly 5.1%. Please see the chart below. As...
by Joe McAuliffe | Dec 10, 2010 | Buyer Considerations, Cup O' Joe
BUYER’S COSTS INCREASE BY THOUSANDS Interest rates have increased nearly ½ a percentage point in the past month from 4.17% to 4.61% on average. Prospective buyers should examine the attached chart carefully and keep in mind that a 2% interest rate increase will cost...
by Joe McAuliffe | Dec 6, 2010 | Buyer Considerations, Cup O' Joe
CONSTRUCTION COSTS PROVE IT’S TIME TO BUY Purchasing an existing home today may be one of the best investments available based on replacement costs. With the abundance of houses available for sale, most people overlook the fact that at some point we’ll have to build...