Treat your Ohio home and your Ohio home financing as an investment

Treat your Ohio home and your Ohio home financing as an investment

If you read the personal Ohio finance articles in magazines and newspapers, more than likely you've seen many articles that tell you to exclude your home equity from your projected net worth at retirement. Ohio financial planners or the journalists who quote them say that homes make for relatively poor investments; and because you will still need a place to live after you retire, money tied up in a house certainly won't do you much good.

Regardless of what the media reports, Ohio housing has always been the leading source of wealth for most Americans. Historically, however, the media have primarily focused on dire talk of Ohio housing peaks and bubbles. Take this quick review of headline stories and so-called expert advice from the last 50 years.

* The prices of Ohio houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline. (Time, December 1, 1947)

* Ohio houses cost too much for the mass market. Today's average price is around $8,000--out of reach for two-thirds of all buyers. (Science Digest, April 1948)

* If you have bought your Ohio house since the War . . . you have made your deal at the top of the market. . . . The days when you couldn't lose on an Ohio house purchase are no longer with us. (House Beautiful, November 1948)

* The goal of owning an Ohio home seems to be getting beyond the reach of more and more Americans. The typical new house today costs about $28,000. (BusinessWeek, September 4, 1969)

* Be suspicious of the "common wisdom" that tells you to "Buy now .... because continuing inflation will force Ohio home prices and rents higher and higher." (NEA Journal, December 1970)

* The median price of an Ohio home today is approaching $50,000. . . .housing experts predict that in the future price rises won't be that great. (Nation's Business, June 1977)

* The era of easy profits in Ohio real estate may be drawing to a close. (Money, January 1981)

* In California . . . for example, it is not unusual to find families of average means buying $100,000 houses. . . . I'm confident prices have passed their peak. (John Wesley English and Gray Emerson Cardiff, The Coming Real Estate Crash, Warner Books 1980)

* If you're looking to buy be careful. Rising Ohio home values are not a sure thing anymore. (Miami Herald, October 25, 1985) * Most economists agree ... [an Ohio home] will become little more than a roof and a tax deduction, certainly not the lucrative investment it was through much of the 1980s. (Money, April 1986) * We're starting to go back to the time when you bought a home not for its potential money-making abilities, but rather as a nesting spot. (Los Angeles Times, January 31, 1993)

* Ohio financial planners agree that houses will continue to be a poor investment. (Kiplinger's Personal Financial Magazine, November 1993)

* An Ohio home is where the bad investment is. (San Francisco Examiner, November 17, 1996).

* Your Ohio house is a roof over your head. It is not an investment. (Everything You Know About Money Is Wrong, Karen Ramsey, HarperCollins, 2000)

In the late 1940s, $8,000 to $10,000 seemed like an outrageous amount to pay for an Ohio house. In the late 1960s through the mid 1970s, $30,000 to $50,000 seemed well beyond anything reasonable. In the early 1980s, popular belief held that at $100,000, home prices in California could only go down. Today, similar comments about peaks and bubbles are being raised. But just as those past voices now sound foolish, so too will current opinion as we look back from the future.

Can some Ohio home prices soften or decline in the short run? Sure. They have done so before and will do so again. Local Ohio economies ebb and flow, but over periods of 5, 10, 20, or 30 years, well-selected properties will continue to register high-profit appreciation.

About the Author

For more information on Ohio home financing and Ohio home mortgages go to http://www.ohio-mortgage-services.com

Books On Property

If you want to Own a house in France, or start thinking along the lines of holiday homes, or perhaps a property investment, maybe even becoming a foreign investor. Whatever your reasons are it is a dream for many people and, increasingly, a reality for some. Away from home makes us very much aware of property prices being generally much lower than in the UK, which encourages many buyers. Choosing the wrong property or wrong location can be an expensive mistake. That is why it is vital that you are somehow guided in some manner or form. You will undoubtedly need to source information about property deals with details of buying or renting a home in the country of your choice. The information needs to be practical and straightforward so it is easy to understand and follow in action.

Every aspect of buying abroad should be sourced thoroughly, as well as dealing with other factors. These factors may include financial issues, understanding the geographical status, various regions, renting, purchasing, buying land, apartments, letting and selling, taxation and inheritance rules, retiring, and working and setting up a business. You may additionally need maps, useful addresses and a dictionary of helpful terms to be able to converse.

The overall outcome of this project is fairly simple and straightforward. All you need to acquire are books on the subjects that are appropriate for your venture. You do not necessarily have to leave your ideas in a dream box. You can make your dream a reality.

The books are invaluable companions that should help prospective buyers avoid the pitfalls which can turn buying a dream home into a dreadful disaster.

Booksender has a clever combination of books on property and products which closely relate to property. This online resource centre specialises in the distribution of essential, pertinent, current and fascinating information. Boldly it declares that if the books on property are not really captivating or relevant, then it will not be found on this online bookshop.

There is a vast list of the accumulated knowledge on books on property found at booksender that one would usually have enormous difficulty in finding anywhere else. Included in this list are reports, directories, business tools and other related products synchronous to books on property. Some of the books found here are as listed below:

* How To Profit From Buying Property 'Off-Plan' * The Successful Property Investor's Strategy Workshop * A2Z Of Property Management * A2Z Property Inventory * Harry Hawkins' Deal Predictor * Property Profit Manager * The Successful Property Refurbisher's Workshop

Books on property are invaluable companions and resourceful tools for making dreams come true. It is wiser to be aware of negate pitfalls than to sadly watch a dream home turn into a dreadful disaster, which could have easily been avoided in the first place.

Be responsible and clever, be knowledgeable and be the one who can boast about his dream home.

The related articles listed below can be viewed on Property For Sale Guide:

Property Publications The Education Of The Architect

Books On Property by Property For Sale Guide continues to progress toward pioneering the sale of houses all over the world, with including related property services for both the residential and commercial sectors ...

About the Author

As Marketing & Junior Director, collaborating with the Director - we gave birth to Property For Sale and Rent Guide Limited - the parent company created to accommodate Property for sale guide and property for rent guide Ltd. The objective of the portals were to establish professionals to meet buyers and sellers, striving toward efficiency, and bypassing all objectives which were initially set in 2005...

Investing in an Apartment Building

Investing in an Apartment Building By Morgan Hamilton One of the most important decisions we will all make is to choose where to live. While some people would rather own their own property, others prefer to rent. However, there are also people who both rent and own their properties at the same time. They live in the apartment building they manage and rent out the rest of the apartments. Finding the best place to live in is a serious task which requires proper research and background information.

What is the latest in hip are renovated farmhouses which have been separated into many apartments. This way the residence might look like a big old house from the outside as it has one main entrance but from the inside you can see that the house is split into separate apartments. From my point of view investing in buying a renovated house is a great business decision. Usually the mortgage is cheap so consider taking one in order to realize this great business plan. Not only will you be able to pay back the mortgage but you will also make a profit from the income you will receive monthly from the renters.

A more traditional

Apartment Selection Tips When you decide to move, apartment selection can be a difficult task. Just how does one go about it properly? There are critical points that renters must bear in mind when they start looking. First, in the process of choosing your apartment

apartment building is a large square one with long hallways on each floor and many identical apartments. Some people consider living in such a building an adventure but a risky one. The traditional apartment building has three stories and from fifteen to thirty apartments. Of course, living on any level has its own pros and cons. In case you live in a lower level apartment you will hear your upstairs neighbour's footsteps. If your neighbours above have kids then it could get quite noisy. Thus, it might be better to live in the upper level of a building, though you will have to climb stairs or take an elevator to get to your home. The worst case scenario is to live in a middle apartment in a large apartment building as not only will you have noise from above and below but you will also have to climb the stairs or use lift, as well.

You should not get confused or worried when it comes to choosing the right place to live. You can find the right apartment building which will be comfortable and inexpensive if you do a meticulous research and get some background information. Morgan Hamilton offers expert advice and great tips regarding all aspects concerning property. Get the information you are seeking now by visiting Apartment Building

We strive to provide only quality articles, so if there is a specific topic related to apartment that you would like us to cover, please contact us at any time.

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About the Author

By Morgan Hamilton