Stocks or Real Estate? Why?
It is not easy, but you do not need a degree to become an expert in your local market. You need to do a lot of research, look at a lot of homes and talk to a lot of people, but you can become an expert fairly quickly. What you need to know is the value of homes, the market rents, market conditions and economic conditions that exist in communities. Once you know these indicators it is easy to spot a bargain ZOOBIA.
study your settlement, i'm guessing you had an determination era and that has expired. whilst this occurs the earnest money turns into no longer uncomplicated. even however, you ought to look and notice if the settlement relies upon on purchaser receiving financing or no longer. The standarized varieties utilized in Texas have a container it quite is checked one no count if it extremely is conditional and one no count if it is not. If it grow to be no longer, then sure, you may nicely be sued and doubtless have little or no protection for breach of settlement. And as before mentioned the agent would not get the money. it extremely is being held by an escrow agent and needs you to sign the launch, so the money might nicely be transferred to the broking. Are you working with the broking's agent, or do you have your guy or woman agent? i won't be in a position to have faith your agent would not have this based on purchaser financing. yet once you're making use of the broking's, I doubt it could be contingent upon financing.
In the period 1850 to 2009, U.S. stocks returned 10.2% per annum and U.S. real estate returned 5.8% per annum. Put another way, the average house cost $2,000 in 1850 and is worth $200,000 today. That is a 100x increase. Over the same period, stocks increased more than 1000x. But on the other hand, stocks are more volatile than real estate. Good luck! Ron
Hi, Light Blue! I'm glad you have the sense to ask this question. It never fails to surprise me how many people are attracted to stock investments when Real Estate is clearly a better investment in most cases. Real Estate (if properly managed) is a relatively low risk, high yield type of long term investment. Stock Investments can pay off in the long term but generally not to the degree that Real Estate can. The main question is whether or not you have enough to invest and can afford (or figure out a way to finance) the long term holding costs. The future value in Real Estate is based in Equity. Stock value is consumer based (who's buying what and when). Every circumstance is different and sometimes the intuitive understanding that Real Estate generally goes 'up and up' and Stocks generally fluctuate doesn't always apply. I don't know your particular circumstance but I would suggest you seek out an independent financial adviser before making any decisions as to which way to invest. A combination of investment types may be a good way to go also. The financial adviser should be fee based and not have a vested interest in the outcome. Do not discuss stock investments with a stock broker (they want their commission). Do not discuss Real Estate investments with a Realtor (they want their commission). Take your time, do your research, don't let anyone pressure you into making swift decisions. Time is your friend and patience is a virtue. Hope this helps. John H
