Did you know that most real estate is about 50% off right now? With low interest rates and great property prices qualified buyers should consider making a purchase. Here are a few examples of what you can do on two properties that are for sale:
3 bedroom-2 bath La Quinta-$174,900 asking price-Last sales price in 2004 $510,000
To a qualified buyer with 3.5 % of purchase price down your payment including property taxes and all insurances would be approximately $1250-$1300 per month.
3 bedroom 3.5 bath La Quinta-$750,000 asking price-Last sales price in 2006 $1,300,000
To a qualified buyer with 3.5% of purchase price down your payment including property taxes and all insurances would be approximately $5500 per month.
There are homes for sale starting at $100,000 all basically at 50% off of last sales price. Land is also a great deal right now and is in some cases 60-70% less than a few years ago. If you are interested in making an investment in real estate to: live in, rent or hold please do not hesitate to call.
Shoot 4 the Moon Properties, Inc.