Real Estate - Getting Rich the American Way
Private Property rights are an intricate part of our rights as American citizens. Our founding Fathers wrote into the constitution several provisions protecting the property rights of all the people. For example, no state can pass a law impairing the obligation of any contract. Therefore no state can alter the terms of a legally-entered into-contract. This is critical to EVERGREEN COLORADO MORTGAGE law. Without these Federal protections, lenders would not be willing to loan money to borrowers, because the state could legislate them out of their principal, and their interest. The politicians would demagogue the "big money brokers" and pass laws to cheat investors out of their money. Where there is no security, people with money will not lend. These protections are there, to benefit us all, when we are buying a home of our own.
We all remember the warm story about Kunta Kinta in Alex Haley's account of his fore father's journey and life in America. Our children also need Roots of their own. Perhaps, you don't know where Your ancestors lived a century or more ago, but today You are establishing new Roots for Your family. When you buy EVERGREEN COLORADO REAL ESTATE you are joining a dynamic community that will welcome Your Family's contribution, and give You "Roots" as You become a modern day pioneer on Your new Rocky Mountain Homestead.
Buying EVERGREEN COLORADO REAL ESTATE establishes You and your family as a vital part of a social network. This vibrant social community will become a part of You, and You will become a part of it. You and your family will enter into relationships that will reward you for a life time. Friendships you make will endure, and perhaps the kids will marry into another Evergreen Family and create lasting bonds. You can hire MARK ENGLISH BUILDERS an EVERGREEN COLORADO CUSTOM HOME BUILDER to build Your dream home. A home that will become the Family homestead: for this and the next generation. And why not? Evergreen is located in one of the most beautiful and convenient location in the country.
No matter what stage of life You are in EVERGREEN COLORADO REAL ESTATE has something for You. Enjoy every outdoor activity imaginable, while all the amenities of the big city are only 30 miles away. The old bromide teaches us that the three most important things in Real Estate are Location, Location, and Location; Evergreen has the perfect Location. We live in a resort, but the Denver metro area is just down the hill. In Denver there is every activity one could want: professional sports, symphony, theatre, jobs, colleges and universities, budget to elegant shopping, an International airport and much, much more. We have only touched on the surface. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER so if You are looking for a NEW HOMES IN EVERGREEN COLORADO we can help.
With the stock market slipping into the doldrums, and CD's-Bonds- and T-Bill at less than 2%, EVERGREEN COLORADO REAL ESTATE is still the best long term investment for accumulating a life time of financial wealth. We all want something for nothing, a return on investment for no labor or productivity, but recent financial woes have taught us that this is unrealistic. We are going to have to make money for our retirement, and the kid's college, the old fashioned way: we will need to earn it. Let us show you how to make money by investing in real estate. We will find You the property, and we can finance it with an EVERGREEN COLORADO MORTGAGE or a CONIFER COLORADO MORTGAGE through DISCOUNT MORTGAGE SERVICES. Real Estate can still give you a 5-6 % solid return on investment.
The Treasury Department is giving You a bail out right here on Main Street. They have lowered the interest rates to historic lows. A 30 year fixed rate is about 5 " % for loans up to $417k. Just think, if you got an EVERGREEN COLORADO MORTGAGE REFINANCE or a CONIFER COLORADO REFINANCE, and lowered your monthly payment by $150.00, and reinvested the whole savings by paying down the principal on your loan, you would be making 5 " % returns on the money you save, by saving the interest on your mortgage. Now, if You further took your 401k money and paid additional principal on you EVERGREEN COLORADO MORTGAGE, you would be earning 5 "% on your 401k as well; after all a penny saved is a penny earned.
For the bold you can take it a step further and invest in rental property. Prices are at 20 year lows, and you can get an instant equity position in many desirable properties. You can leverage your investment property so that your tenant will pay your mortgage and You will profit through rents, equity build up, and favorable income tax treatment. If you put down enough money, so that the rents will cover the expense, then it will cost you nothing out of pocket each month, but you will benefit from all the tax benefits and long term equity. We can even look into an EVERGREEN COLORADO REFINANCE of you current home to free up the cash to get you started.
If you bought EVERGREEN COLORADO REAL ESTATE for $300,000 as a rental investment, and if you put down $60,000.00 or 20%, you would owe $1840.00 a month for principal, interest, taxes and insurance, and management. If the rents were $1500.00 a month and your expenses are1840.00 a month the negative cost is $340.00 a month. But you can deduct the $340.00 or $4080.00 per annuim ($340.00 X 12 = 4080). If the land was worth 40,000, you could depreciate the investment by $9630.00 each year plus your taxable loss of $4080.00. Now we have a deduction for $13,710.00 ($9630.00 + $4080.00 = $13710.00 0. If you are in the 27 % tax bracket you will save $3838.00 or $320.00 a month on your taxes. So the investment house will cost you $20.00 a month. Now, as the rents increase over time, and the tenants pay off your $240,000.00 EVERGREEN COLORADO MORTGAGE, your will own the house in 30 years, and can either sell it for retirement cash, or keep it as a mortgage free home, and use the rent income for spending money. In a stock market where most people lost not only their dividends, but also all or most of their principal, Real Estate is still the number one long term investment.
We all remember the warm story about Kunta Kinta in Alex Haley's account of his fore father's journey and life in America. Our children also need Roots of their own. Perhaps, you don't know where Your ancestors lived a century or more ago, but today You are establishing new Roots for Your family. When you buy EVERGREEN COLORADO REAL ESTATE you are joining a dynamic community that will welcome Your Family's contribution, and give You "Roots" as You become a modern day pioneer on Your new Rocky Mountain Homestead.
Buying EVERGREEN COLORADO REAL ESTATE establishes You and your family as a vital part of a social network. This vibrant social community will become a part of You, and You will become a part of it. You and your family will enter into relationships that will reward you for a life time. Friendships you make will endure, and perhaps the kids will marry into another Evergreen Family and create lasting bonds. You can hire MARK ENGLISH BUILDERS an EVERGREEN COLORADO CUSTOM HOME BUILDER to build Your dream home. A home that will become the Family homestead: for this and the next generation. And why not? Evergreen is located in one of the most beautiful and convenient location in the country.
No matter what stage of life You are in EVERGREEN COLORADO REAL ESTATE has something for You. Enjoy every outdoor activity imaginable, while all the amenities of the big city are only 30 miles away. The old bromide teaches us that the three most important things in Real Estate are Location, Location, and Location; Evergreen has the perfect Location. We live in a resort, but the Denver metro area is just down the hill. In Denver there is every activity one could want: professional sports, symphony, theatre, jobs, colleges and universities, budget to elegant shopping, an International airport and much, much more. We have only touched on the surface. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER so if You are looking for a NEW HOMES IN EVERGREEN COLORADO we can help.
With the stock market slipping into the doldrums, and CD's-Bonds- and T-Bill at less than 2%, EVERGREEN COLORADO REAL ESTATE is still the best long term investment for accumulating a life time of financial wealth. We all want something for nothing, a return on investment for no labor or productivity, but recent financial woes have taught us that this is unrealistic. We are going to have to make money for our retirement, and the kid's college, the old fashioned way: we will need to earn it. Let us show you how to make money by investing in real estate. We will find You the property, and we can finance it with an EVERGREEN COLORADO MORTGAGE or a CONIFER COLORADO MORTGAGE through DISCOUNT MORTGAGE SERVICES. Real Estate can still give you a 5-6 % solid return on investment.
The Treasury Department is giving You a bail out right here on Main Street. They have lowered the interest rates to historic lows. A 30 year fixed rate is about 5 " % for loans up to $417k. Just think, if you got an EVERGREEN COLORADO MORTGAGE REFINANCE or a CONIFER COLORADO REFINANCE, and lowered your monthly payment by $150.00, and reinvested the whole savings by paying down the principal on your loan, you would be making 5 " % returns on the money you save, by saving the interest on your mortgage. Now, if You further took your 401k money and paid additional principal on you EVERGREEN COLORADO MORTGAGE, you would be earning 5 "% on your 401k as well; after all a penny saved is a penny earned.
For the bold you can take it a step further and invest in rental property. Prices are at 20 year lows, and you can get an instant equity position in many desirable properties. You can leverage your investment property so that your tenant will pay your mortgage and You will profit through rents, equity build up, and favorable income tax treatment. If you put down enough money, so that the rents will cover the expense, then it will cost you nothing out of pocket each month, but you will benefit from all the tax benefits and long term equity. We can even look into an EVERGREEN COLORADO REFINANCE of you current home to free up the cash to get you started.
If you bought EVERGREEN COLORADO REAL ESTATE for $300,000 as a rental investment, and if you put down $60,000.00 or 20%, you would owe $1840.00 a month for principal, interest, taxes and insurance, and management. If the rents were $1500.00 a month and your expenses are1840.00 a month the negative cost is $340.00 a month. But you can deduct the $340.00 or $4080.00 per annuim ($340.00 X 12 = 4080). If the land was worth 40,000, you could depreciate the investment by $9630.00 each year plus your taxable loss of $4080.00. Now we have a deduction for $13,710.00 ($9630.00 + $4080.00 = $13710.00 0. If you are in the 27 % tax bracket you will save $3838.00 or $320.00 a month on your taxes. So the investment house will cost you $20.00 a month. Now, as the rents increase over time, and the tenants pay off your $240,000.00 EVERGREEN COLORADO MORTGAGE, your will own the house in 30 years, and can either sell it for retirement cash, or keep it as a mortgage free home, and use the rent income for spending money. In a stock market where most people lost not only their dividends, but also all or most of their principal, Real Estate is still the number one long term investment.
About the Author:
If you are searching for Evergreen Colorado Real Estate or Mortgage Loans please, Call our office at MARK ENGLISH REAL ESTATE. Call us at 303-674-0148, Send us a message us at markenglishrealestate@msn.com
posted by Credit Counseling at
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