Tax Credit for First Time Home Buyer Loan, Government Assisted Financing Program and FHA Mortgage


First Time Home Buyer Tax Credit Loan Program with Low Interest Rate FHA Mortgage and Low Down Payment. Government Assistance to purchase Lender Foreclosed Homes. Go To RealEstateMarketingThisWeek.com Part 4 (Excerpt) FHA financing why you should work with a broker 4% appreciation over the last 17 years You mentioned earlier that property values are up 71% long term, even though we had this 50% drop. Youre talking about the average 4% appreciation per year since 1992. Right, I did some calculations I was working on a book last year and one of these days I may get around to publishing it. Its called Real Estates Future and what we were looking at was a statistical model to be able to pick the top and the bottom of all the real estate markets. I hadnt looked at the thing for about a year until I was working with Michael the other day and I started pulling it out and going lets run the model and see where we are in regards to the market, and one of the things I looked at is the last time we saw the bottom of the market was when I was selling houses for the RTC and that was in 1992, the median home price was $76000. Median home price now is $130000. That means from 1992 until now it went up 71%, thats after we just saw a 50% decline. So it is up 4% per year on average, and where else are you going to get a return like that? Even if you put 3.5% down on a house you are getting a heck of a lot more than a 4% return. If you look at the internal rate of return it is significantly

Leave a Reply

Please, Finance Financial Don't tolerate spam. Give approriate feedback with Tax Credit for First Time Home Buyer Loan, Government Assisted Financing Program and FHA Mortgage


Powered by Yahoo! Answers