William H Marical, Jr. -  Appraiser
  
Medford, OR 


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Bill Marical talks about buying Real Estate and Refinancing:


I am often been ask if real estate is a good investment.  I have always explained that real estate has had its ups and downs over the years, but it is generally stable.  If you were to plot the cycles on a chart you would see a clear pattern of gently rolling swells. This pattern is consistent across cities and regions all across the United states.

Real Estate cycles tend to favor the ups rather than the downs.  It is not uncommon to see large cycles of appreciation and much smaller downward cycles.  Presently the current double-digit growth we've experienced in recent years will likely be followed by downturns of single digit declines. Its like taking two steps forward and one step back.

In the big picture you will still be further ahead than when you started. You may see slower growth, but it will still be growth.

The pages of this web site contain information that has been collected from many independent sources.   Each article or new item offers a different points of view and resources.   This information is for for general information only.  If you desire to ask a specific question, feel free to contact me at:

 

Lastest News  

Articles 

  • What is a Predatory Lender?
    Several months ago, the 3,000-member California Association of Mortgage Brokers (CAMB) created the first real definition to describe the abusive lending practices of predatory lenders. According to the...
  • Market Reaching its Peak
    I do not profess to "Know" what the real estate market will do in the next year or two, but I would like to share some information with you that might help you in making decisions regarding buying or selling...
  • Fixed Rate or Adjustable?
    Fixed rate or adjustable rate mortgages are two choices of mortgage loans that most lenders will offer you. Your financial situation, how long you plan to live in the home, the current interest rates,...
  • Mortgage loan types
    The word "mortgage" (method of using property as security for payment of a debt) is quite frequent in our life, but not all of us know that there are different types of mortgage loans. There are two main...
  • Before You Hire An Appraiser
    Why are you getting an appraisal? Is it needed to close a loan? Is it to find out if you have enough security for the loan in case the borrower cant pay? The appraiser must make sure that, if the property...
  • Real Estate Appraisal - Do Your Own
    For single family homes, there are two basic methods used in real estate appraisal. They are replacement cost analysis, and using comparable sales. A third appraisal method, based on capitalization, is...
  • Preparing for an Appraisal - Plan For It
    A critical part of selling a home is the appraisal. Heres how to plan for it. You have a contract to sell your home and now the appraiser is coming. The appraisal needs to come in at a good price in order...
  • Mortgage Qualification Problems - Low Appraisals
    The real estate market in the United States is undeniably hot, hot, hot. This toward pace has resulted in an odd mortgage qualification problem - low appraisals. Here are your options if you get a low...
  • Preparing for Appraisals - Contracts and Comps
    Youve sold your home and are getting ready for the appraisal. Heres how contracts and comparable home sales impact the appraisal.Your ContractOne of the indications of value an appraiser takes into consideration...
  • Sell Your Home For More With A Home Appraisal
    If you are planning on selling your home, you should invest in a home appraisal. A home appraisal is not the same as a home inspection, but will give you a bit more clout when it comes to getting a good...
  • Adjustable Rate Mortgages and Negative Amortization
    For many borrowers, adjustable rate mortgages are an attractive means of qualifying for a home. Fewer borrowers realize the potential negative amortization problems these loans can create. Adjustable Rate...
  • ARM - Adjustable Rate Mortgages
    Traditionally, homebuyers could look to two forms of mortgages - fixed rate and adjustable mortgages. While there are now many more options, this article takes a look at the adjustable rate mortgage.What...
  • Appraisals
    Why is an appraisal required?An appraisal is an estimate of the value of a property. An estimate of the value of the property generally refers to its fair market value. Most lenders will not lend money...
  • Appraisal Methods
    Appraisal MethodsMost appraisers use three approaches to establish the value of a property. The Sales Comparison Approach is normally considered to be the best indication of value for residential property.Sales...
  • Home appraisal values are a critical factor
    Home appraisal valuesTo most, owning a home is a necessity, but sometimes it is a matter of pride or a business investment. Home appraisal values become relevant if one wishes to sell his house. Home appraisal...
  • Home Equity Loans – Beware of Appraisal Fraud
    A new report by the independent Demos group has revealed what may not be a surprise to many people – corruption is rampant in the home appraisal industry. The bust in the dot-com market of some five...

 

 Copywrited 2006 - Developed by  Coralee Marical