Which Home To Purchase

When Purchasing a home there is one major thing that you need to consider immediately.

Are you buying a home strictly for investment or are you looking for a place to love enjoy
and call home. If your looking for an investment please read the next article as this one is
going to be geared more toward a primary residence.

It can be very tempting to buy a new home. The beauty, neighborhood, and warranty
are just a couple reasons to live in a new home community.

With that being said there are many questions that most first time home buyers should ask
there new home builder. Be sure to get the answers to even if the sales agent does not know!

1) Do you provide a soil report?

2)Do you have a public report posted?

3)What energy efficient features does you builder include?

4)What mold prevention procedures does your builder use?

5) Does the builder use a crushed rock or sand covering to lay the concrete foundation on?

6)What type of insulation does you builder use?

7)Is the attic insulated?

8)How many coats of stucco does the builder use?

9)What is your contract rescission period?

10)What options and upgrades come standard in your homes?

11)Who warranties the appliances?

12)What is the standard builder warranty?

13)How is the community developing?

14)Are there any "Proposed" Power Plants, Schools, Churches, or dump sites nearby?


You may be wondering why you care what the 100 page public report states or what the
70 page soil report says. To be honest the only reasons you ask those questions is to make sure
your builder is in compliance. If they are, the builder has that much more credibility to move
forward in the transaction. Sand or rock foundation that is the question. I have researched nation
wide to find out the correct answer to this question because many builders put up a good argument on what they feel is correct. My personal conclusion is simple, sand is cheaper
therefore cutting costs to the builder, and we have all heard the saying "The Wise Man Built
His House Upon A Rock."

Investments Made easy

The first thing I want you to do is identify what the word investment really means.
If you look in the dictionary, "Investment" is defined as "to commit or use money or capital
for the purchase of property or a business, etc. with the expectation of profit." Pretty
straighforward right? One other point I want to make is the importance of Diversification.
Your investment portfolio should never have all your eggs in one basket. AVOID RISK

RISK:

• Risk of loss of principal
• Risk of loss of purchasing power, ie., inflation.
• risk of losing money due to inflationis the most misunderstood and largest risk retirees face. It can destroy their retirement security more often than the loss of principal
• Risk of taxation

In future articles I am going to show you all sorts of investment issues dealing with "Risk"

Until then be focused on your homes equity. Let me show you how to manage it using:

• Tic's
• Hedge Funds
• Money Merge Accounts
• Equity Index Universal Life policies

-Christopher Rockey

Simple Investing

Purchasing a home:

The purchase of a home is the very first step to Simple investing. Mortgage Brokers
and Lending Institutions have made it as easy as they possibly can to buy a home. Some
mortgage programs available literally require you to have a pulse to qualify for 100%
financing.
I mention Home buying first in "Simple Investing" because you can actually manage your
equity to work for you. You will have several options over time to set up retirement accounts
pay your mortgage off early (Often in 1/2 to 1/3 of the normal time) or get into other
investments which pay higher profits.
Imagine yourself as one of these people I mentioned earlier that "Just have a Pulse"
you know the type, the "Wandering Generality." Even this person with the proper teachings
can set him or herself up to be a successful millionaire by properly managing the equity
they have in there home.
Sounds hard to believe I know. But trust me it doesn't take a "Bullish" Real Estate Market
to use the techniques you will learn in the following articles.

-Christopher Rockey