Thursday 22 January 2009

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.

Thursday 15 January 2009

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.

Tuesday 13 January 2009

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!