“Realty Check in Stupidity by Diane Olick”

            “Realty Check in Stupidity by Diane Olick”

 

  http://www.cnbc.com/2017/06/06/fast-rising-home-prices-finally-hit-a-wall.html  

 

You talk about “Fake News”. It is not surprising that CNBC gives this ill-informed real estate prognosticator a platform. Her point is that home appreciation in March was 7.1% and in April it dropped to 6.9% and values have hit a wall. Are you kidding me? This is a wall I never want to see built. Most of us would be very happy with a 5-6-7% appreciation, how about you?

 

   http://www.cnbc.com/2017/06/09/rent-dont-invest-your-money-in-a-home-mortgage-says-a-new-report.html  

 

Sure, home ownership isn’t for everyone. There are many that should never own a home, but most human beings in this country want to own a home. They should continue to pay rents that continue to rise and what do they have at the end of each year? Answer is a pile of paid rent slips instead of an interest deduction to lower an income tax deduction and a place to call home.

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 2 commentsJoe Petrowsky • June 27 2017 02:44PM
“Realty Check in Stupidity by Diane Olick”
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“Realty Check in Stupidity by Diane Olick” http://www. cnbc. com/2017/06/06/fast-rising-home-prices-finally-hit-a-wall. html You talk about “Fake News”. It is not surprising that CNBC gives this ill-informed real estate… more
“Using Funds from a 401K Account”
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“Building Your New Home” Joe, Attached are the plans for the home that Nick will be building for us. Hopefully we are now ready to order the appraisal. Please let us know if you need anything. We certainly appreciate all the coaching… more
“Nancy once said, “No one can Help Me”
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“Nancy once said, “No one can Help Me” Hi Joe, I just started working with Nancy XXXXXXXXX's sister and you did her mortgage a couple of years ago. She was having concerns with her previous agent and Nancy had her call me. Although she had… more
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“Not sure Who will be Damned” A drunk man who smelled like beer sat down on a subway next to a priest. The man's tie was stained, his face was plastered with red lipstick, and a half-empty bottle of gin was sticking out of his torn coat pocket… more
“Working Through Extensions with the Realtor”
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“Working Through Extensions with the Realtor” Joe, Thank you for the email update. It is going to be a tough sell for an extension because the sellers are also buying on the same contract date. What closing date are you looking for?… more
“3% of the Purchase Price is usually a Good Number”
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“3% of the Purchase Price is usually a Good Number” Hi Joe- I am working with Amanda and Doug on the purchase of the East Windsor property they discussed with you. We are going to ask for closing costs, can you give me an idea what they will… more