Wednesday 29 October 2014

USA Bestselling Author Jeff Adams Said USA home prices rise less than expected

USA Bestselling Author Jeff Adams Said USA home prices rise less than expected. U.S. single-family home price rise in August on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday.

The S&P/Case Shiller composite index of 20 city areas gained 5.6 % in August over last year, the slowest year-on-year last increase since November 2012, a little below a Reuters poll of economists that calculate a gain of 5.8 %. The latest data is open to analysis. 

I have learned over the years forecasting home prices that the latest month is very important, but the trend is also vital so what we have seen nationwide is big increase a few months ago and now a softening. So what that means, the latest month suggests price decline might be coming, but if you mix that in, it's kind of a vague situation. 

On a seasonally adjusted monthly basis, prices in twenty cities curved in 0.1 % for the month. A Reuter’s poll of economists had estimate an increase of 0.1 %. Non-seasonally adjusted prices rose 0.2 % in the 20 cities on a monthly basis, disappointing expectations for a 0.5 % rise. 

The deceleration in home prices continues, despite the weaker year-over-year numbers, home prices are now showing an overall increase, as the National Index increased for its 8th consecutive month.

A broader measure of national housing market action now releasing on a monthly basis rose at a slower pace year over year, coming in at 5.1 %.

The seasonally adjusted ten-city gauge fell 0.2 % in August versus a 0.5 % decline in July, while the non-adjusted ten-city index rose 0.2 % in August compare to a 0.6 % rise in July. The housing recovery has been on a tear over the past few years, as the U.S. government sought to rouse the economy through quantitative easing and other programs, he noted.

Tuesday 7 October 2014

A few things that Jeff Adams Residential Investing with a Lease and Purchase


A few things that Jeff Adams Residential Investing with a Lease and Purchase One of the most resourceful ways to invest in residential real estate business is to do a lease and purchase. The motive a lease is so effective, is because it give a win-win situation for both the seller and the buyer. For the owner of land, it provides a possible buyer and a tenant that will be keen to take care of the home. For the buyer, it provide the right to purchase the home for a fixed price, and time to save cash and improve their credit. 

The owner and the purchaser enter into a contract whereby the possible buyer agrees to lease the home for a set amount of time. At the end of the lease, the buyer then has the choice of buying the home for the price agreed upon in the contract. The buyer pays an option fee up front. 

If the buyer chooses to buy the residence at the end of the lease, he can apply the alternative fee and any other money saved toward the down payment.

For the owner, the lease purchase offers several different ways to make money from the home: 

1.The goal is to buy the home for 10-20% below market value.

2.The monthly rent you collect will go beyond your mortgage payment. 

3.You can correct off mortgage interest and other fixed cost on your taxes. 

4.You pay down the standard on your mortgage and build fairness in the house.

The price of the home will be thankful.

If the possible buyer decides not to buy, you keep the choice fee. 

This is just a basic outline of how a lease and purchase works and the opportunity it present. It is still a real estate investment strategy that is unknown by many and discuss by too few.