"Where did my Equity Go?"....Final chapter
In his work, Conspiracy of the Rich, Rich Dad entrepenour, Robert Kiosaki, discusses the fact that during our current crisis on Wall Street, wealth didn't evaporate, it just changed hands....WHAT DOES THIS HAVE TO DO WITH REAL ESTATE?
Your equity, your value, may come back....If it does, and that's a big if, respected economists are judging the process to take place over YEARS, not months....
Hang on, I'm getting there....We are constantly asked questions regarding timing....Specifically, is this a good time to Buy, Sell, Hold, Reinvest, Step Up...and so forth.
Yes, No, Maybe...depends on your objectives. For most of us, not all of us, now is a great time to make a purchase while product prices are lower, and interest rates are at 30 year lows....Some, more than others WILL BENEFIT.
Your objectives drive your strategy and your actions. Many are buying because they have been told that's a sound strategy....MAYBE NOT. Our biggest reponsibility is to JUST SAY "SLOW".
Our clients expect fact, not fiction. Should we talk?
Originally from Yosemite National Park in central California, I found my way out to Denver, Colorado. A corprate relocation accompanied my Fortune 100 job transfer, and the first step in my trek to the midwest was underway. After 7 years in Denver, another job transfer with the same firm landed me in Shawnee, Kansas. While I am living in my 3rd home in Shawnee, I've come to think of Kansas as my home.
