Archive for April, 2006

More Investment Help

Saturday, April 29th, 2006

“Hi Gary, Your newsletter is interesting and informative. We enjoy reading it and learning from it. I have a question that I would like to ask you. I know that by law if you live 2 of the five years in a house when you sell it you would get $500,000 tax […]

Investment Help

Thursday, April 27th, 2006

“Hi Gary. I’m ready to buy my first home and my uncle who’s a self-proclaimed real estate investor keeps telling me to make a bunch of low offers using a letter of intent. What exactly is a letter of intent and do you recommend using one?
***ANSWER:
A Letter of Intent is a simple, fast, […]

Investment Help

Thursday, April 27th, 2006

“Hi Gary. I’m ready to buy my first home and my uncle who’s a self-proclaimed real estate investor keeps telling me to make a bunch of low offers using a letter of intent. What exactly is a letter of intent and do you recommend using one?
***ANSWER:
A Letter of Intent is a simple, fast, […]

Save Some Money

Monday, April 24th, 2006

“Hi Gary. We make good income, but we don’t have a lot of money to put down on a home. I’ve heard if you don’t put at least 20% down you have to pay mortgage insurance. Is there any way around that?”
***ANSWER:
Yes!
Mortgage insurance is generally required for home loans with […]

Sell Your Home

Friday, April 21st, 2006

“How important is it to have a for sale sign up when we sell our home? We’d rather that our neighbors not know that we’re moving.”
***ANSWER:
I highly recommend you go with the for sale sign. A sign is an important tool in marketing and selling your home.
And believe me, when your neighbors see […]