December 04, 2008

Reasons to buy real estate – TODAY!

Posted to Janet Giovannetti

  1. Mortgage rates are at historic lows – but who knows for how long? And contrary to the doom and gloom about the mortgage situation, banks in the Lake Geneva area have money ready and available for buyers who have good credit scores and a stable financial history.


  2. Real estate prices are at historic lows – but who knows for how long?


  3. Inventory is high – there are great properties out there! In addition, sellers may not want the costs of maintaining homes – especially second homes – through the winter.


  4. Real estate is a great way to diversify your portfolio. It can be especially attractive for those who may liquidate stocks to offset capital gains in other areas. Use that cash for real estate. As the saying goes, there’s never going to be more land!
Most financial planners advise not trying to time the exact bottom of any market. By the time it happens, good opportunities may be already be gone. Whether you want a primary residence, “up-north” retreat, get-away condo, or lakefront showpiece, the time may never be better to realize your dreams.

Posted By: Janet Giovannetti

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