Are You A New Real Estate Investor?

Are you considering a investing in real estate? If yes, then here are are few things to consider?

1. When you purchase your new investment property, do you have the money or an investment loan to make the necessary changes to rent or flip?

2. Do you know and/or understand the neighborhood you are buying in?

3. Have you done your research? Is there a rental market?

4. What are your long term goals for investing? Ie; Flip, rent, how many homes per year…

5. What are the demographics?

6. Is the home in a flood plain?

7. Does the city require an inspection? If so, if the city repairs are required will you have the money for a possible escrow account.

8. Is the city considered to be stable or depressed?

If you are not sure of most of these questions, do some research before you begin shopping for the investment property.

Are You A New Real Estate Investor?

Are you considering a investing in real estate? If yes, then here are are few things to consider?

1. When you purchase your new investment property, do you have the money or an investment loan to make the necessary changes to rent or flip?

2. Do you know and/or understand the neighborhood you are buying in?

3. Have you done your research? Is there a rental market?

4. What are your long term goals of investing?

5. What are the demographics?

6. Is the home in a flood plain?

7. Does the city require an inspection? If so, if city repairs are required will you have the money for escrow if the city requires it.

8. Is the city considered to be stable or depressed?

If you are not sure of most of these questions, do some research before you begin shopping for the investment property.

What’s Holding You Back

What’s holding you back? Not sure where to begin, no down payment, afraid of the responsibility, I lost a home to foreclosure, I have a prior bankruptcy. Whatever the reason don’t let it hold you back from owning a home.

If you’re not sure where to begin I’ll be glad to provide the steps to owning a home. Many people think they can’t own a home because they don’t have a down payment. This can be easily overcome with a simple savings plan or with the use of the downpayment programs. Many don’t want to take care of the maintenance of a home. If that’s you, consider a condominium or a town home with an association that takes care of the maintenance for you. Yes, there’s an additional fee.

Now if you are someone that lost a home to foreclosure or have a dismissed bankruptcy you can also own again or own a home. You may need to wait at least 3 years and make sure you are paying your bills on time. Also consider opening a few secure credit lines to rebuild your credit.

Whatever is holding you back you don’t have to be afraid of it. Contact me today and I’ll help you with a realistic plan to help you get on the road to home ownership. Click the Illinois homes link and send your contact information today. I look forward to making your dream come true.

http://bit.ly/illinoishomes

To find out if you may qualify for a down payment program click now
http://www.workforce-resource.com/eligibility/consumer?w=CustomerPMT&property_code=CARRIE_BEY

Www.carriebey.com

March 30, 2012 Mega Millions Winning Ticket in Maryland, I Didn’t Win

So I didn’t come out the winner in the Mega Millions lottery last night. Congratulations to the lucky winner. Yes, Lucky Winner.

If I won the Mega Millions I would open a technology center for adults and kids. People of all ages would have the opportunity to come out and learn new skills to compete in the ever changing job market. Not everyone is built for college. With that said everyone needs to keep up with technology to maintain a job, get a job or increase their pay check. We must always learn new technology if you don’t want to go for a bachelor degree.

I would also open a gym where kids of all ages can come out and develop their sports skills. Our youth are learning sports skills at younger ages. To compete in areas like basketball you need to have access to a gym.

I believe that when I get the funds to open these facilities I would be able to change the lives of the current and generations to come. Train up a child in the way they should go and they will never depart from it. This is quoted from the bible.

Mega Millions Realtor, Call Carrie if You’re the Winner

We are all dreaming of winning the mega millions lotto. If you win call me. I’d love to help you find your dream. If I win I’ll post a new blog. I know I’ll help the youth and adults seeking to learn new technology or a new skill. Stay tuned for a full update…….or call me 630.405.8985.

If you’re not the winner, you an still own a home.

Until tomorrow. May the odds be ever in your favor………….

Morning Radar – Median Home Prices in DuPage County Illinois

DuPage county single family home prices fell 6.0% in February 2012 when compared to February 2011.  In February 2011 the Median  home price was $238,900. The 2012 Median price was $224,613.  Attached homes fell 5.9%.  Last year February median prices were $114,250 and February 2012 was $107,480.

It is still a great time to own a home.  What are you waiting for? What goes down will go up.  Prices will one day go up and you’ll wish you’d purchased a home. Call me today!  Let’s begin the process of buying a home.  www.carriebey.com

http://bit.ly/HltfBd Median Home Prices February 2010, 2011, 2012

Local Amenities, are they Important in a Home Search?

We are headed to the skating rink this evening during Spring Break. I remember roller skating every Monday evening with my sister and friends. When I drive by the areas where we would go skating its hard to believe that the rinks have been demolished. What a shame.

Today many kids use roller blades instead of the traditional roller skates. Could that be the reason we stopped going to the local roller rinks? Maybe or maybe not.

Whether it’s a roller rink, park district, swimming pool or the athletics club this could be an important part of your home buying decision. Since the internet makes it easy to research what each city offers you have no excuse. Do your homework. Know what’s available. Something to consider before signing the contract. It might be beneficial when you decide to sell. This could be important to the next homeowner.

www.carriebey.com start a home search today and research the city where you may decide to purchase.

At the Dentist Office Waiting for my Daughter, Lauren

As I sit at the dentist office, waiting for my daughter Lauren, I began to think. Would being closer to the dentist office, physicians office, or maybe a park district be an important decision to someone seeking to buy a home? It took me more than twenty minutes to get here. I love this dentist office, it’s clean, the staff are professional, they use the latest technology and equipment. But what if it were five minutes away from home? I would save on gas and time.

When I purchased my first home price was the driving factor, then age, then location. I didn’t consider local amenities. So, what was important to you when you purchased? Would you take more time to consider the local amenities, shopping, doctors office, pool and or school district?

In my case, we bought based on the above reasons and luckily the school district offered a dual language program which has become a driving force in our city. My kids are bi-literate not just bi-lingual. Pretty cool when you think about and I didn’t even search for the program.

This was great! Dual language for my kids offered by the public school system. Even though this is great, the next time I decide to purchase a home I will definitely consider, shopping, park district and walkability.

What will you consider the next time you consider purchasing your first home or your next home? What if you actually researched the city? What would you learn? Tell me. I want to know.

Warren Buffett Says He’d Buy, “a couple hundred thousand”

Maybe it’s time to reconsider buying a home.  Now is a great time to own.  Believe it or not.  This is the right time to invest in a 1st home, 2nd home, upgrade from the home you are in or start investing in real estate. 

Warren Buffett Says, He’d Buy “a couple hundred thousand” if it were practical to do so. As stated in a recent article from CNBC an interview on CNBC’s Squawk Box.  Check out the article and get on the road to home ownership today.

Really, you have no excuse.  If you can’t buy plan to own in a few years.  We have resources to help you acheive your dream of home ownership.

http://www.cnbc.com/id/46538421

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