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07/08 Fall-Winter
Guaranteed Investments?
If you bet on a horse and don't pick the right one, you lose all your money! If you buy a stock and don't pick the right one, you may lose all your money. You can put a stop/loss on your stock so you don't lose it all. Most people are not sophisticated enough to do this and wind up losing a big percentage or all of their stock investments.
The safer way to make money and enjoy your investment is the purchase of a home in the California towns in Southern California near the ocean. Now that many areas of the U.S. have deflated home prices, the old real estate law of Location, Location, Location (the 3 most important rules of real estate investment) is more important than ever. The boom of two years ago is over, but in certain areas the prices are still increasing. These well located homes increase in value drastically in boom times and modestly in nationally down times.
The homes are being purchased by an increasing number of Mexican, UK and Canadian buyers that are savvy enough to make these wise purchases. Some facts as per NAR:
Foreign purchased homes tend to be a bit more expensive
47% buy for fun, fralic and investment、22% investment only
52% of all foreign purchases in the U.S. are in California!
As usual - well researched homes near the beach in Southern California are a great investment, a safe investment and a source of fun for you, your family and your clients.
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