The Million Dollar Dream

There's something magical about the dream of becoming a "millionaire". A million dollars doesn't have the buying power it used to, but one could still live comfortably off the income generated by a million dollar equity real estate investment.

Real Estate has probably made more millionaires than any other industry and that is as evident in the Wenatchee area as anywhere in the nation. Have you started building your real estate investment portfolio yet?

Contact me today and we can discuss creating a customized investing plan for you.

Carol@TopPropertiesWenatchee.com

Carol's Property Search website
Carol's Wenatchee Real Estate BLOG

Home Equity Loan Costs Rising

Home-equity credit lines have been drifting up for the past several months and with 10-year government notes topping 5 percent last week for the first time in four years, they are likely to go still higher.

Many consumers who are struggling with the rising costs of their loans should consider other strategies that may hold down what they pay for borrowing money.

Workers with a 401(k)s often have access to low-cost cash. Most plans let owners borrow at prime rate, which is currently 7.75 percent. Another possibility is borrowing against a brokerage account. The rate varies greatly depending on the brokerage. A third possibility is borrowing against a cash-value life insurance policy. Rates are usually in the single digits.

As rates on home equity loans, often called HELOCs rise, it is prudent to consider the options.

Achievement vs Success

"My mother drew a distinction between achievement and success. She said that achievement is the knowledge that you have studied and worked hard and done the best that is in you. Success is being praised by others, and that's nice, too, but not as important or satisfying. Always aim for achievement and forget about success."
Helen Hayes
US actress (1900 - 1993)

Claim Your Free Land

On my other blog, I posted about how you can claim FREE land in any or all 50 states. It's a unique offer. Check it out. I've claimed free land in Washington, Oregon, Alaska, Hawaii, and New York.

Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://www.CarolsWenatchee.com/wenatchee-realestate

Wenatchee - 50% Population Growth

Recent reports predict the population base of the city of Wenatchee, Washington will increase by up to 50% over the next 20 years. This is going to put a considerable burden on city officials to plan services for the future.

As our immediate area grows and real estate values continue to increase, more demand will be put on property in the outlying areas as well. If you're considering buying a home, land, or investment property in Wenatchee or the surrounding areas now is probably a good time to do so. You may also want to investigate possibilities within a 75 mile radius of Wenatchee. Values in the Cashmere, Leavenworth and Chelan areas have already escalated considerably. For the better bargains, head south and east toward Quincy, Soap Lake, Ephrata, and the rest of the Columbia Basin. Waterville, Washington is another area for picking up better values on purchasing real estate in the current market.

Please contact me with any real estate related questions, or go to my website or other blog to search for properties:
e-mail: Carol@TopPropertiesWenatchee.com
Primary website: http://TopPropertiesWenatchee.com
Residential blog: http://www.CarolsWenatchee.com/wenatchee-realestate

1st Anniversary

I'm proud to announce today is the 1st year anniversary of the birth of this blog, Wenatchee Real Estate Ramblings & Other Stuff.

I've enjoyed writing it and hope it's become an informational and useful resource. This was my first blog ever and was initially started as a site to discuss Wenatchee real estate (and some miscellaneous ramblings) in general, including a few personal posts.

At this stage of the blogosphere, a year is actually quite a long life for a blog. As you peruse other blogs, notice the posting dates and you will find many of them have been essentially abandoned. To do a good job of "blogging", it takes a substantial committment of time. Most people do not realize this when they start. If they do stick with it, the posts are few and far between. I believe in order to be useful, posts must be current with content and consistent.

Over the last year, I have made 115 posts to this blog, 190 posts to my residential real estate blog, and 92 to my two personal blogs. Add these up, multiply by the estimated time to research and compose and you will wonder if I have time for anything else. The answer is yes. I actually had my best selling year in 2005, so it's a matter of time management.

During the year, this blog turned more toward the investment angle, and has become more general in nature. I made this adjustment because I started another blog last May that focuses more on residential real estate and newsworthy items that specifically affect the real estate market in Wenatchee, Washington. On that blog, I also discuss general real estate items from across the country.

If you have thoughts for improving this blog, or the other blog, please let me know. I'm always open for new ideas.


Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://www.CarolsWenatchee.com/wenatchee-realestate

Duplex Lot in East Wenatchee

I know of a vacant lot on Baker Street in East Wenatchee that is available for purchase. It would accommodate a duplex or could be used for a single family residence. $35,000 or seller would consider partnering with builder with profit split agreement.

Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://CarolsWenatchee.com/wenatchee-realestate

Abraham Lincoln Quote

I have always been fascinated by the life and personality of Abraham Lincoln. When I saw the following quote on another (somewhat eccentric) blog, thought it was worth posting. Wouldn't it be nice if the legal profession, and society in general, actually took this sage advice:

Abraham Lincoln: "Discourage litigation. Persuade your neighbors to compromise whenever you can. As a peacemaker the lawyer has superior opportunity of being a good man. There will still be business enough."

Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatcehe.com
http://www.CarolsWenatchee.com/wenatchee-realestate