Real Estate Investment - Money Well Spent?

Some might be inclined to think that real estate investment isn't a viable opportunity anymore. After all, with property prices declining so rapidly, spending a huge amount of money on real estate just seems ludicrous. However, if you have proven experience and knowledge of the property market then there is no reason why you cant indulge in real estate investment. However, in these tense times, dabbling with this sort of investment is not advisable. Leave it to the professionals and then you don't have to worry about making a bad purchase.

The same applies to property renovations. If you don't understand how this business works, avoid it altogether at the moment. It wont be money well spent if you make a loss on the property you have just bought, even after renovating it.

I think any sort of real estate investment is risky business at the moment, so until property values level out again, i don't think many people will be splashing the cash.

Homes Under The Hammer - The Property Auction Show

Does anyone watch Homes Under The Hammer? This is a great show for people who want to get into the property game and invest in property. There are always so many people at the property auctions that you wouldn't think there was a credit crunch on! People are still trying to create a steady source of income by purchasing property and renting it out, thus having a tidy investment or retirement fund for the future.

Property auctions are still big business, and even though the estate agents are struggling, people are still trying to buy cheap property at auctions.

Got a 100 percent mortgage?

there is almost a minimal chance that you will be able to get a 100 percent mortgage these days due to the current economic climate. Banks simply are not lending, and a 100 percent mortgage is very a thing of the past.

It was only a year ago that my friend managed to get a 100 percent mortgage, but if she tried now, i am pretty sure she would be refused. The banks don't have the money to lend, so a 100 percent mortgage is very risky for them.

However, i think it is a shame that people are being turned down for mortgages at this moment in time. I hope the market will pick up again and getting a 100 percent mortgage will become possible once again.

Is Now The Best Time To Buy Real Estate?

With the credit crunch, do you think now is the best time to buy real estate? If you have the cash, then why not...

It could be an investment, although lets not forget that the price of property in the US and UK has fallen dramatically, so you might not get such a good return on investment. However, if you have a bit of spare cash saved up and you want to buy something then why not buy real estate that perhaps you could rent out or give to your teenage children to live in for a while.

So, is now the best time to buy real estate? Well, it could be better, but it is still worth investing in if you know what you're doing.

Pink Houses: Have You Seen One?

Have you ever seen any pink houses/homes? I travel around the UK a lot and i have often seen a few, usually around seaside towns! Not sure why lol. But i definitely think they are cool -i remember seeing a few in Bridlington, which is on the East Coast. The pink houses just stood out a bit and looked great by the seaside.

Have you seen any pink houses? Do let me know! You might not want to invest in one, but there may well be a few of us that like to admire them from the outside!

They are visually very appealing to females, but i would imagine that most men would run a mile if they were told they'd have to live in one!