Afi Portfolio Real Estate January Newsletter
Happy New Year!
Welcome to the New Year! With spring peeking around the corner, it is more important than ever to stay abreast of developments in the dynamic real estate market. Anticipating the upcoming market is an art. Afi Portfolio Real Estate wants to help you be prepared to make 2010 a memorable year.
Afi Portfolio Real Estate Presents: Short Sales, Foreclosures & REO’S
One way to get a leg up in the market is to stop by for the latest in our ongoing seminar series. This month’s discussion is focused on .how to take advantage of the unique opportunities available during the downturn. Learn how to purchase “distressed” properties, thereby adding value to your real estate portfolio and at the same time contributing to the recovery by reducing market inventory. (Do well by doing good.)
As the Owner of a “distressed” property, or as a buyer, you can make an educated decision to minimize risks. Our seminars will cover:
· Who benefits from Short Sales
· What you need to know about the foreclosure process
· Why REO’S are “common sense” for Home Buyers
Saturday, January 16, 1:00PM – 2:00PM
Please visit our website for more details on this event.
RSVP: events@afirealestate.com
Listings
For a list of our currently available properties, please view the “For sale”, “For rent” and “Recently added Properties” sections of the website.
Ready to Sell or Lease Your Home?
Our experienced team focuses in your neighborhood
Our boutique location maximizes access to solutions for real estate needs
Our leading technology optimizes exposure to your property
We are ready and waiting to exceed your expectations.
Here are some differences when considering Real Estate acquisition:
Condos
· Secured parking/entrance – more security with neighbors close by
· Instant community
· Lower cost of entry – homes usually sell for more than a comparable condo
· Possible on-site gym and additional amenities
· Shared maintenance costs – HOA covers most routine maintenance & repairs
· No exterior maintenance
· No hiring contractors/repairmen for major exterior work
· Lower insurance costs
Single-Family Homes
· Land ownership
· More Storage space
· Stand-alone structure
· Freedom to modify as needed – room for gardens, flowers and trees
· No pet or use restrictions
· Higher resale value
· Greater privacy
· Private parking
· Quieter street
If you look at the situation from a financial point of view, you should weigh factors like investment value against things like proximity to your workplace. Consider your options carefully before deciding what type of property to purchase. Listen to advice from those who have purchased property in the past, and get advice from Real Estate investors. In the end, whether you buy a condo or house is entirely dependent upon your needs. After all, you’re the one who will be calling it home.