Posted by on

Get your cash out now!

Get your cash out now!

Written by David Crowther  I know that we all seem to be cash poor, and in an unstable economy the reasons to keep what little cash you do have seem to get bigger with each nightly news broadcast. But there are some very compelling reasons to get that cash out of your account and start using it now.

The housing market shows signs of strengthening and the amount of fire-sales is decreasing quickly. What this means for people who have some cash on hand is that the sweetest deals are going away. They always exist, but the large pool of them that has been available is drying up rapidly. When the pool gets smaller, the deals get harder to find and the competition goes way up.

Investing in real estate is a major buffer against inflation, and bank insecurity. Property value goes up with inflation, as do rents. Plus with the deals still out there you can make a return larger than what the stock market has ever been able to produce long-term. Real Estate, done correctly, is a much better investment for cash than a bond or stock has ever been.

Fast closings are a very nice perk about cash closings. Taking the loan out of real estate also takes the complexity out; you only have a few simple documents to sign and you’re done. A recent closing of mine was literally 10 minutes and half of that was getting a bottled water and finding a pen, and the client understood what those few papers meant. Total closing cost = $511.00. Compare that to a closing with a loan and your jaw will drop.
For the above reason I hope you’ll consider taking that nest egg out and putting to use in a way that will benefit you for years to come. Cash is always good to have on hand, but it is even better when used correctly.

Leave a Reply

Your email address will not be published. Required fields are marked *

What Our Customers Are Saying

Very pleased. Joel was professional and honest. When asked, he gave his opinion, but did not try to over sell. He was very responsive, but also was respectful of our space. Our relationship seemed genuine and he gave us great personal attention. H...

Ferrin Affleck

Paige Marsh was the best real estate agent I have ever worked with and I have worked with at least 15 agents in the past 20 years on residential or commercial sales or leases. I work in Sales for a landscape company and I understand what it takes ...

Rob Archer

Paige was always calm, listened to our interests and concerns, and gave careful attention to details. She acted quickly when time was an issue and didn't become frustrated with us when we changed our mind after making an offer. Paige worked with u...

R & R Fawson

For several months,my husband and I were struggling in trying to find a home that would fit our needs. We started working with Paige from The Bird Team and within 1 week Paige found us the perfect home that suited our needs. She was very knowledge...

Lance & Brenda

My wife and I had a great experience working with Paige! She was ALWAYS available to answer our many questions, often at very early or late hours. On the rare occasion she didn't have an answer, she would find us the answer within minutes! She is ...

Steve & Micki

Joel is an honest and straight forward agent. Takes the stress out of all transactions, understands the market, a true asset to buyers and sellers alike. Have bought and sold with Joel and will suggest to all of my collegues and friends.

Jason Killebrew

Joel was very professional during the whole process. I appreciated his quick responses to my calls and texts. I felt he was really helpful without being pushy. He took the time to listen to my concerns and answer my questions. I would definitely r...

Aeme Skelton

Scott provided me with a lead on an investment property that turned out to be just what I was looking for. I quickly cleaned it up a little and he put it on the market to flip it. Within a month I had multiple offers and was able to close with a v...

Tom Comstock

Scott's knowledge of market conditions and realities of the market was a big help in deciding whether the offer was reasonable and should be considered. Scott was very even handed in dealing with the issues of the sale and dealing with the facts n...

Joe

Scott is the best realtor in the area he helped me out of several problems with my loan and several other things involved with my purchase. I'm in California it was hard for me to expedite the things that I needed to in Utah and Scott and his tea...

Kevin

Read More Testimonials »