Janis St.Ongehttp://www.mountpleasantplus.com/blogs/janis_stonge/atom.aspxCommunity Server2008-06-14T10:30:00ZWarren Buffett: It’s Time to Buy Real Estatehttp://www.mountpleasantplus.com/blogs/janis_stonge/archive/2012/04/04/warren-buffett-it-s-time-to-buy-real-estate.aspx2012-04-04T20:51:00Z2012-04-04T20:51:00Z<p>by <span class="author vcard"><a class="url fn" href="http://www.kcmblog.com/author/the-kcm-crew/" rel="nofollow">The KCM Crew</a></span> on February 29, 2012</p><p>I think when Warren Buffett talks, people should listen so I am going to share with you his live interview with CNBC's Squawkbox:</p><p>Warren Buffett appeared live on CNBC’s Squawk Box this week. During the interview, he was asked about the current real estate market and whether he felt now was the time to buy. His response was rather emphatic and has been used as a headline in hundreds of articles since the interview:</p><p><em><strong>“If I had a way of buying a couple hundred thousand single-family homes I would load up on them.”</strong></em></p><p>However, throughout the interview, he addressed the market from a few angles. Here is what he said:</p><h3>Why invest in real estate now?</h3><blockquote><p><em>“It’s a way, in effect, to short the dollar because you can take a 30-year mortgage and if it turns out your interest rate’s too high, next week you refinance lower. And if it turns out it’s too low, the other guy’s stuck with it for 30 years. So it’s a very attractive asset class now.” </em></p></blockquote><blockquote><h3>Is buying your own home better than investing in stocks right now?</h3><blockquote><p><em>“If I knew where I was going to want to live the next five or 10 years I would buy a home and I’d finance it with a 30-year mortgage… It’s a terrific deal.”</em></p></blockquote><h3> Should we buy multiple houses?</h3><blockquote><p><em>“If I was an investor that was a handy type and I could buy a couple of them at distressed prices and find renters, I think it’s a leveraged way of owning a very cheap asset now and I think that’s probably as an attractive an investment as you can make now.”</em></p><p>Over the last couple of months, there have been more and more financial analysts coming to the same conclusion: It’s time to buy real estate.</p><p><em></em></p></blockquote></blockquote><img src="http://www.mountpleasantplus.com/aggbug.aspx?PostID=1287542" width="1" height="1">272045http://www.mountpleasantplus.com/members/272045.aspxHomeowner's Insurance Claimshttp://www.mountpleasantplus.com/blogs/janis_stonge/archive/2008/06/14/homeowner-s-insurance-claims.aspx2008-06-14T15:30:00Z2008-06-14T15:30:00Z<font face="sans-serif">This is just a reminder of the importance of making an inventory of your belongings in case you ever need to make an insurance claim.</font> <div></div><div><font face="sans-serif">The reason I mention it is that I recently heard about a family whose home was broken into. Unfortunately they never got full replacement value for their losses because they couldn't supply the insurance company with reasonable proof of what they owned. In order to avoid such claim problems, insurance companies suggest that you make a complete inventory of your belongings and also video or photograph them for visual proof. You would want to keep this video or photos in a place safe from fire and flood as well as theft. A safety deposit box at your bank is one suggestion.</font></div><div></div><div><font face="sans-serif">No one ever likes to think about having their home broken into, but in the event that it happens, it pays to be prepared. If I can be of any service to you in this regard, please call or email me.</font></div><div align="left"></div><img src="http://www.mountpleasantplus.com/aggbug.aspx?PostID=315574" width="1" height="1">272045http://www.mountpleasantplus.com/members/272045.aspx