How Can I Put Zero Cash Down And Still Buy a House? Sometimes people make enough money to pay a monthly mortgage payment, but just can’t seem to save up a down payment. If that’s the case, there’s still hope. Both the United States Department of Agriculture (USDA) and Federal Housing Authority (FHA) provide home … Read more
When a buyer wants to purchase a property but doesn’t want to pay the whole price in cash, and the seller wants to sell the property but doesn’t need the whole amount in cash, an opportunity exists for both to get what they want through seller financing. The buyer can acquire a property that may … Read more
As the headline implies, this is the third column in a series about real estate investing. I started with single-family homes, moved to duplexes and four-plexes, and now I’m on to small apartment complexes (residential real estate with 5-12 units). Before I move on, however, I need to correct last week’s column. I said duplexes … Read more
Would you like to receive a check from the bank to supplement your income after you turn 55 years old? If you own your own home, the equity in your home can become a source of income, and you don’t have to have any other income sources to qualify. I know it sounds too good … Read more
Most people in real estate don’t expect interest rates to stay down much longer. As unemployment drops and the economic recovery gains momentum and therefore demand for business borrowing, the pressure to raise interest rates increases. In addition the federal government has spent $17,000,000,000,000 more than they had. They therefore borrowed the money. This results … Read more
Like I mentioned last week, the market continues to be good for buyers. It’s so good, in fact, that I thought I’d dedicate a column to explaining why renters should consider buying right now. While I know numbers can turn a lot of people off, I think it’s important to use an example so you … Read more
The market continues to be good for buyers. Home prices are low (but starting to climb), and rates remain incredibly low compared to historic norms. While there’s not a lot on the market, spring and summer are traditionally times when more inventory becomes available, so we may see an upswing in houses listed for … Read more
By way of introduction, I’m Dick Selzer and I’ve been in Real Estate in the Ukiah Valley since the 1970s. After more than 35 years in the industry, I thought I’d share a few facts and opinions about buying, selling, renting, and leasing property. I hope you find the information useful. The question most often … Read more