Financing -Thank You
On a more somber note.
We see many changes in our economic landscape these days. Choices that seemed like a great idea back in 2005, are coming back to haunt many homeowners. Many professionals in the Real Estate business also had their portfolios overly encumbered with highly leveraged properties and they fell too!
We can only suggest that new homeowners take that extra minute to learn something from our recent events and plan accordingly. In looking back on the year 2005, I do believe that many will be back in the home buying market soon enough but with the knowledge that max'ing out their mortgage payments, utilizing ARM mortgages to purchase larger homes than they could actually afford on higher costing Conventional (Principal & Interest) Fixed programs, and new contruction with their low 1st year Property Taxes, are risky ventures, when the music stops- there is always a loser.
All investments are risky; but, KNOWLEDGE WITH ACTION IS POWER! Plan accordingly, review your financial goals and portfolio against the current economic climate, regularly. Invest in a financial planner consultation and learn why they make their recommendations. Learn what you need to do to avoid short term tribulations, like 2005.
Most of All, Thank You for taking a moment to become more informed about real estate by reading our web site pages and others like it. We have a wealth of information on our web sites with the intention that our clients can and will be proactively interested in the largest investment any of us makes in our lifetimes. There aren't any guarantees in life, but I'd guarantee with your eyes wide open, you make better decisions than most.
I personally congratulate you for your awareness & my sincerest hope is that we meet in the future and enjoy success together.
Lisa Compean- CEO Professional Realty Partners, Inc.