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The Baby Boomer Wave of Capital is Crashing

 

Wednesday, January 9, 2008

The Baby Boomer Wave of Capital is Crashing

The Baby Boomer Wave of Capital is going to crash! Do you want to be there to catch it?
I love the metaphor of the wave. Have you ever tried surfing, even body surfing or just playing on a boogie board? Do you recall those feelings when you catch a wave just right and it carries you effortlessly to the beach? It’s a great feeling isn’t it? But, do you also remember how 9 times out of 10 you miss the wave? You end up just sinking and watching that wave roll away from you to crash on the shore? Now that can be kind of a downer can’t it? What if I could show the sweet spot? I wonder how, many of you would love to know exactly where to stand and exactly when to jump so you can catch that wave and have the ride of your life?
Speaking of waves, the Baby Boom is more like a Tsunami and it’s picking up speed and it’s going to make land fall.
Have you thought about where that 78 million boomer high wave is going to hit?
Well, the demographers have plotted the course and determined it is pointing directly at Panama!
Listen to what author & real estate guru Kevin Kingston has to say about Panama, “As I sit here Sunday morning getting ready for my 5th trip to Panama I just can’t stop running numbers through my head. I’m a huge fan of leveraged returns, so much so that I wrote a boo k about my experience leveraging $15,000 to over $5 million in about 4 years. Well what’s about to happen in Panama is mind numbing. There are several major trends converging on this country which will create a massive boom that only comes along once in a lifetime, maybe twice. Charlie Munger, Warren Buffett’s partner in Berkshire Hathaway, calls this the Lollapalooza Effect. He says, if you are attentive enough to recognize these occurrences and smart, brave or ballsy enough to act on them in a major way you can make fortunes.”
Well, let’s get back to those boomers. We’re all aware that whatever they go for turns to gold. As the Baby Boom Wave of Capital crashes on Panama it’s going to turn retirement property to Gold!
And it’s just starting! Are you aware that 13,000 people are retiring every single day in the US alone? That’s one every 7 seconds! If 30,000 retirees decide to move to Panama, it would represent only 1% of the retiring population –or- only two days worth of that 13,000. That is quite a market to buy or rent investment properties and at the same time it’s probably an ultra conservative number considering all Panama has going for it.
AND, that’s based on today’s numbers. What’s demand going to be like when the wave crests in 2012? Can you see why the time is now? Can you see that Panama is the sweet spot? Are you ready to jump and ride that wave?
Are you seriously considering the purchase of a vacation, investment or retirement property? Discover the beautiful Republic of Panama! Follow my journey as I reveal the best places to eat, stay, live and invest. Explore Panama City, Boquete, Bocas del Toro and more at http://www.LearnAboutPanama.com


Some Things To Remember About Home Buying
Home buying is truthfully one of the most fulfilling things an individual or couple can do. However, this fulfillment only comes when the purchase is thoroughly planned and closes without problems. The one thing that you never want to happen is buyer's remorse. With such a large purchase it just doesn't make sense to rush it. Here are a few good things to think about when you begin to look for that perfect home.
One of the best things that a buyer can do during the process of purchasing or looking to purchase a home is to stay connected with their realtor. Your real estate agent should be able to provide you with all the relevant info on the homes that you are considering and will also assist in finding any information that they cannot provide. Check with your insurance agent and financial institution to ensure that the payments for the home are workable for you and don't forget to include funds for the closing costs and home inspection.
Do you have any questions about your finances? Whether you do or don't, make sure that you have a good handle on them before you start looking for a home. You should know every aspect of your financial history and your credit picture. It may be necessary to do some credit correction before you get approved for a good mortgage. Once you have examined your credit situation and made any necessary corrections, get pre-approved for a mortgage. Having a pre-approval will ensure that buyers take your offers seriously, as offers with established funding already behind them tend to hold more credence than offers that do not.
Don't ever "settle" for a home. If it takes a bit longer for you to find the perfect home, it's worth the wait. There is nothing worse than living in a home that doesn't suit your needs. It's all part of knowing what you need, and what you want. This is something that should be clearly and precisely communicated to your realtor at the start. This will allow them to tailor the home search to your unique needs and find that perfect home for you. That home is out there, it just needs to be found!
Heath Hostetler is a certified Las Vegas Realtor:® who is known in the community for his honesty and hard work. Heath's knowledge of the Las Vegas real estate market is invaluable in the purchase or sale of a new home or condo.For more information contact Heath or visit him on the web at www.welcomehomenevada.com.


First Time Buyers in SC
With more houses being produced then ever before, the home market is thriving. First time buyers are a market that is actively and aggressively marketed to. However along with this abundance of availability of new homes has come a whole new set of financial problems and scams targeted at those who are not experienced in the real estate market. If you are a first time buyer then it is well worth your time to do some research into the real estate market and learn as much as possible about the purchase process. This is also a good practice for experienced buyers as the real estate market is one that is prone to rapid change and fluctuation.
First time buyers in South Carolina have the same concerns as buyers nationwide, one of the primary concerns is home financing. Today more than ever there are unscrupulous lenders vying for a growing number of prospective home owners. They entice new clientele by offering loan packages that seem too good to be true, and they usually are. One of the most common of these is the zero down mortgage. This is not to say that some credible and trustworthy lenders don't offer legitimate zero down options, merely that this type of loan can very easily be abused by a lender to the detriment of the borrower. For this reason, education is essential regarding the mortgage options that are currently available and on the lenders themselves.
It's always a good idea to shop around when looking for funding. Don't settle for the first offer you get. With such a huge variety of lenders available it would be foolish not to spend the time finding out who they are and what they are willing to offer you. That first offer may end up being the best one you get, but you would be remiss if you did not explore the other available options.
Eddy Kicker is a REALTOR servicing the Greenville, SC real estate market. Eddy is a dedicated professional that offers the best in customer service and attention in relocation to Greenville. Contact Eddy today for more information on South Carolina real estate.

Time

Wednesday, January 9, 2008

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