It’s Raining Dollars For Foreign Investor’s

From CNN Money, Wall Street Journal to Forbes Magazine they all are reporting the fall in value of the U.S dollar. Interest rates have been slashed in order to boost our struggling economy. The sub-prime fallout from earlier this year is in full effect. When you purchase a home so many entities feed off a sole purchase that churns our economy.

Example, when a homebuyer completes escrow and receive the keys to their new home, they often purchase items from dept stores for their home. Landscaping, cable or satellite, pest control, home insurance you name it are all affected by foreclosure. When you hear about these foreclosures that are taking place through out the U.S. so many people feel the crunch as well. Moreover, lending has been extremely tightened which deepens the problem. We are all connected to one another one way or another.
Bank owned properties are springing up everywhere and with that leads to depreciation of whole communities. On the other hand, if your not getting in on this feeding frenzy then you just might miss a once in lifetime opportunity to buy properties at all time lows. Investor’s aboard are taking advantage of our real estate market. Why aren’t you?
The old saying is “don’t let opportunity pass you by”. Foreign investor’s are cashing in on the fall of the U.S. dollar.

Dan Greene, a certified mortgage planning specialist and author of TheMortgageReports.com states that inquiries outside the U.S. are 5 to 10 times higher than last year. Markets such as Miami and San Francisco are receiving huge boost in real estate sales from foreign investor’s. Chicago and New York and other parts of Florida are areas that are very attractive to foreign investor’s. Who’s influencing our economy? Is it the U.S. citizen or a wealthy person living some 10 or 12 time zones away? One thing is for sure we are truly living in a global market.


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Get A Home Inspection Or Home Rejection

I can’t over emphasize the importance of a Home Inspection Report. For sellers this report should be included in your listing package, for buyers this will provide a clear view of any defects the home might have. Home sellers this report should be attached to your TDS (Transfer Disclosure Statement), on receipt of the report, the seller act to eliminate some or all of the deficiencies noted in the home inspection report. . When you bring any defects to code a new report should be ordered immediately. Home sellers will be protected down the road, by demands to correct defects or to adjust the sales price in order to close escrow. The listing agent should order this report on the seller’s behalf. The listing agent will lose control over the marketing and closing process, and expose himself to claims of misrepresentation, when the buyer or the buyer’s agent orders the report first. Home Inspectors are generally your Contractors, Structural pest control operators, architects and registered engineers. When hiring a home inspector you should look for these qualifications. Educational training in home inspection related reports, length in time in inspection employment, errors and omissions insurance, and professional and client references; and membership in the California Real Estate Inspection Association. A listing agent requesting a home inspection report should advise the home inspector that the seller, broker and all prospective buyers of the property will be relying on the report. This disclosure will avoid later (unenforceable) claims by the home inspector that the report was intended for sole use of the seller, broker, or buyer who signed the home inspector’s contract. Here is a South Bay area home inspection company http://www.southbayhomeinspections.com/ they specialize in enhanced home inspections, pool and spa inspection, lead testing, and air sampling and mold. This company stress the need for continual training of their inspectors, they also posses membership of highly professional accreditations. .

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