TOM CRONE'S Quick Information on Investment / Income Property Action February, 2007

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If you go back into the weather history books, you'll see that more Februarys have a February thaw than don't. In fact, the range of temperatures might well be historically greater in this month than any other. Seeing temps in the forties isn't uncommon.

Residential real estate is a lot like that. If you look back, the climate always tends to improve, in spite of seeming down-turns.

Right now, income properties are available at reasonable prices. Interest rates are very good, and lending institutions are willing to make big concessions to create action. You'll see what I mean by that in a moment.

Rental companies are no longer offering a couple of months free rent, flat screen TVs, or trips to the Caribbean to new renters, because people are renting instead of buying. It's a "seller's market" for them.

Now is the hour.

Check out this from a very established mortgage banker, who we know personally.

• It's Here - 100% Financing on Investment Property
• We have 30 year fixed and ARM options
• 100% NO RATIO, NO PMI, Non-owner occupied, with a 720 credit score
• 100% FULL DOC, NO PMI, Non-owner occupied, with a 700 credit score
• Rates are in the high 8% to low 9% range
• 3% seller paid Closing Cost allowed

  The real estate ground hog predicts an early spring for real estate investment.

Tom Crone
The opinions expressed in this newsletter are solely those of Tom Crone and others being quoted and do not necessarily reflect the opinions of Coldwell Banker Burnet or its affiliates.