It has been considered a foregone conclusion that the retiring Baby Boomers are the most affluent seniors in history. Well that may not actually be the case for many of us anymore. After years of careful investing and working our tails off we are finding many of the very people we trusted our futures to have “lost” our money somewhere on Wall Street.
NOT ALL IS LOST!
I know what you’re saying…you haven’t lost the money I have….Oh yes I have! I too am a baby boomer wondering what I am going to do about my retiement. After giving my options alot of thought I know the first place I am going invest for my future. I am going to make sure I have a house in a great place to live by the time I retire!
INVEST IN REAL ESTATE? ARE YOU CRAZY?
Hear me out. If you choose a home you can afford…. you won’t have to worry about your favorite Wall Street investment person “loosing” your house no matter what happens to the market. As a baby boomer you are best prepared to cash in on the housing deals out there! “But what if housing prices go lower?” What about it? Did you use that logic when you bought Microsoft at $25 a share? The houses that are now the deals and now being sold below TODAYS true market value to unload them. There is right now a cushion built in to absorb that possibility AND you are not buying this retirement home to sell tomorrow, you are going to live in and enjoy it for years to come! History has shown that real estate is and always have been one of the safest long term investment one can make.
THE LENDING INDUSTRIES LOSS…..WHICH YOU ARE PAYING FOR….
WILL BE YOUR GAIN!
Here is another great reason to buy into the bargains available right now…..you get a piece of the tax payer bailout money! The foreclosure and short sale homes are controlled or owned by the lenders who screwed up to begin with and who are also getting the bailout money. Thier loss…..which you are paying for…. will be your gain! I know what you’re thinking, “I think I will play it safe and wait awhile, You know, just to be on the safe side.” You can but think about this, what happens when you show up at the end of a sale? Isn’t the selection picked over? Aren’t most of the best priced items already gone? Don’t you regret not being at the door when the sale started? YES, YES and YES! The real estatemarket is no different. The people who were determined to get the greatest deals benefited the most.
TAMPA BAY REAL ESTATE MARKET IS PROJECTED TO BE IN RECOVERY BY LATE 2009
Here in the Tampa bay real estate market has been “on sale” for over six months that’s six hours in department store sale time. Forbes.com magazine claims that by the end 2009 the area market is expected to be well into recovery. If their projection holds true most of the best deals will be gone by years end.
One last thought….did you know that mortgage interest rates are in the 5.0% range right now?
Jeff Daniels is a full time Licensed Realtor working in the Tampa bay area for over 18 years. To see the many incredible real estate opportunities click: www.TampaFloridaHomeFinder.com or call Jeff Daniels at Keller Williams Realty at 813-684-9500 ext 237 for everything you need to make Florida Home.
Tampa Bay Home Inspection Company QCI, Inc.
Tampa Bay Home Inspections. New problems with Sulfur in drywall from China.
It has been reported that drywall imported between 2004-2006 from certain areas in China, can release sulfur-like odorous components. These compounds can corrode air conditioning coils and other copper-bearing materials, causing them to be replaced repeatedly. It has been determined that the problem is related to presence of iron disulfide. There have been reports that large quantities of drywall produced in China were kept on sea barges for months awaiting permission for importation to the USA. This drywall has a higher than typical density and a higher propensity to off-gas sulfur compounds.
Drywall is usually made of gypsum (hydrated calcium sulfate). Therefore, sulfur is one of the main components present in the sample. All drywall has sulfur in its elemental composition; therefore the odor is not explained by an analysis of the total sulfur content.
Tampa Bay Home Inspections.Offers our expert opion or questions on this matter. The extent of the indoor air quality issues related to this is still unclear. EPA is currently investigating the severity of the problem. However, it is well known that exposure to sulfur compounds can create irritation and breathing disorders. Also Sulfar has been damaging aircondition unit coils. This damage can ruin an A/C unit in as little as 6 months. Contact us at quality.check@verizon.net
Drywall may be to blame for homeowners’ illness
Sunday, January 18, 2009
Questions about Home Inspection Services.
By: Tampa Home Inspection Service on March 25, 2009
at 5:32 pm