|
|||||
|
|||||
|
|||||
|
Just Listed!-(September 4, 2008)
Nationwide Condo Investment Opportunities-(August 29, 2008) www.Insight2Invest.com is a full service Real Estate investment advisory. They provide investors with the knowledge and insight they need to make an educated investment. From multi-million/multi-unit investors to first time homebuyers, they have the tools and information you need. With an inventory of hundreds of nationwide properties they will match you with an investment that fits your needs. Contact them today to discuss your investment opportunities. Insight2invest has hundreds of nationwide condos are available for investors and homebuyers. Click here to view properties. Total Leasing Program All of Insight2invest properties come with the option of a "Total Leasing Program" - giving you full rental income for up to 30 months and leaving you CASHFLOW POSITIVE on a monthly basis to cover:
GO Zone Investment The Gulf Opportunity Zone Act of 2005 (the Act), which was signed into law in December 2005, includes a number of tax relief measures to assist victims of Hurricanes Katrina, Rita, and Wilma. The Act also includes tax incentives to encourage rebuilding in and revitalization of the areas most affected by the hurricanes. The Katrina Emergency Tax Relief Act of 2005 (KETRA) also provides relief under several provisions. Click here for GO Zone FAQs. 1031 Exchange 1031 exchanges offer impressive wealth-building opportunities because of the ability to defer taxes. Many investors fail to take advantage of 1031 investments because of limited knowledge, poor advice, or lack of appropriate replacement properties. Click here for more 1031 Exchange information. Self Directed IRA With a Self-directed IRA, you can be in control of your retirement funds and prepare for your future wealth and generations to come. A Self-directed IRA allows you to invest in "non-traditional" investments, such as real estate, mortgages/deeds of trust, private placements, tax liens, businesses and limited partnerships. Click Here for more Self Directed IRA information. Financing Insight2Invest can offer the following financing options depending on your needs:
Time to Get Off the Fence!-(July 28,2008) Much of the news lately has been focused on rising inflation in the country. To control the rate of inflation, the Feds tend to increase interest rates. The increase of interest rates makes borrowing more costly and slows spending. Since February, interest rates for a 30-year mortgage have shown a steady increase. Currently many home buyers are waiting for the “bottom” of the market to make their home purchase and get what they think is the best deal. Unfortunately, if buyers wait to get the lowest price for a new home, their interest rates may be higher and the home may actually cost them more than if they would have purchased sooner. Below is an example that demonstrates the risk of waiting for the “bottom” of the market while interest rates increase. Example 1: A home purchased today for $300,000 with a 30-yr fixed loan at 6.0% interest. Monthly Payments: $1798.65 Annual Payments: $21,583.80 Example 2: The same home purchased after a 5% reduction at $285,000 with a 30-yr fixed loan at 7% interest. Monthly Payments: $1896.11 Annual Payments: $22,753.32 As you can see, by waiting for prices to reduce further, with the current increase of interest rates, you are risking paying more for your home. In the example above your payments would increase $97.46 monthly and $1,169.52 annually if you wait for the so called “bottom” of the market. If you are considering buying a home, it’s time to get off the fence and buy sooner, rather than later. Call me today, 312.450.4644, to discuss your home search and set up property showings. If you have questions about interest rates or to get pre-approved for a loan, call Baird & Warner’s, Senior Loan Consultant, Marty Hill at 773.697.5625. **Purchase and finance a home through Baird & Warner (Ben
Beaty & Marty Hill) by the end of 2008 and receive a $500 closing credit! 
Chicago Transfer Tax Increase-(March 5, 2008) As of April 1, 2008, buyers of real estate in Chicago will be paying a 40% higher transfer tax. On February 6, Chicago Aldermen voted to increase the Chicago transfer tax for real estate from $7.50 to $10.50 per $1000 of the purchase price. The tax increase was passed to rescue the Chicago Transit Authority and fund employee pensions. Before the tax hike, a person buying a home in Chicago for $350,000 would have paid $2625.00. After April 1, the same buyer will pay $3675.00 for the real estate transfer tax. UPDATE: The burden of the transfer tax increase was passed on to the seller. Buyer's will continue to pay $7.50 per $1000 of the purchase price to the City of Chicago.
Winter Home Buying Advantages-(November 15, 2007) Traditionally the holiday/winter season has been a time when home sales
decline. Days are getting shorter and the weather is getting colder. People
don’t want to trudge around in the wind and cold. But as a buyer, this may be
the best time to purchase a home! Less competition, low sales prices, and tax
advantages are just a few of the reasons to buy a home now. Here are some great
reasons to buy a home in the upcoming months. Sincerely, Ben Beaty 312.450.4644
Why Use a Realtor?-(November 5, 2007) 1. Your REALTOR can help you determine your buying power 2. Your REALTOR has many resources to assist you in your home search. 3. Your REALTOR can assist you in the selection process by providing objective information about each property. 4. Your REALTOR can help you negotiate. 5. Your REALTOR provides due diligence during the evaluation of the property. 6. Your REALTOR can help you in understanding different financing options and in identifying qualified lenders. 7. Your REALTOR can guide you through the closing process and make sure everything flows together smoothly. 8. When selling your home, your REALTOR can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. 9. Your REALTOR markets your property to other real estate agents and the public. 10. Your REALTOR will know when, where and how to advertise your property. 11. Your REALTOR can help you objectively evaluate every buyer's proposal without compromising your marketing position. 12. Your REALTOR can help close the sale of your home. (Source: www.Realtor.com)
Don’t Lose Equity to Foreclosure -(October 23, 2007) In today’s market, more and more people know someone who is
struggling with their mortgage payment as a result of a sharp increase in their
interest rate or other loan factors. If you know someone who is facing a possible foreclosure, I
have information that can help. And the sooner we act to help someone in this
position, the better the outcome. Because once a house starts to go into
foreclosure, it can be difficult to stop and the ramifications can be long
lasting:
But, this does not have to happen. There are a number of
effective strategies to help the homeowner forestall a foreclosure.
Renegotiating the loan is one possibility. Two other options are a short sale
(sell for less than the loan amount with bank approval), or a quick sale (sell
for more than the loan amount but at a lower, more attractive market price). As a full service real estate agent, I am committed to help
clients with all their housing needs. Whether it is to help preclude a
foreclosure, pull equity out of their home for investment properties, or assist
them in either finding a new home or selling their current one, I have the
knowledge and the expertise to make the process go smoothly. Foreclosure is a nationwide problem, but it’s also in our own backyard. If I can help you or anyone you know hold on to their home (or minimize their losses), please call or email me. I appreciate the opportunity to be your trusted real estate resource. Warm regards, Ben Beaty
FREE Money from the City of Chicago-(September 25, 2007) Did you know the City of Chicago offers FREE money to qualified first-time home buyers? They do! You can receive a gift of up to 4% of the purchase price of your home at closing. This 4% can be used towards your down payment or your closing costs. 4% can be enough to cover all of your closing costs and you could even receive a check for the excess to take with you. Most home buyers are unaware of this program and many Realtors don't know either. Click HERE to find out if you qualify for the City Mortgage Program. You don't have to be a first-time home buyer to qualify for free money from the City of Chicago either. Chicago police officers, firefighters and paramedics can receive up to $7500 from the City for down payments or closing costs! Click HERE if you are a Chicago police officer, firefighter or paramedic. Chicago Public School Teachers can also receive free money! CPS teachers can receive up to $7500 in home buyer assistance. Click HERE if you are a Chicago Public School Teacher. If you have any questions about the City of Chicago assistance programs, please call me (312.450.4644) and I will put you in touch with a mortgage broker who knows the ins and outs of the programs. With all of this free money available, there is no reason not to buy a new home!
It's a Buyer's Market!-(September 4, 2007) What is a Buyer's Market?
Let's find a home (an investment) that suits you best!
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
