Comments on: What Fannie Mae’s Findings May Mean to the Real Estate Investor http://yourhoustonhomeinspector.com/for-real-estate-investors/investor-strategies-and-plans/fannie-maes-findings-real-estate-investor/ Wed, 21 Aug 2013 10:45:36 -0500 hourly 1 http://wordpress.org/?v=4.2.6 By: frankschulteladbeck http://yourhoustonhomeinspector.com/for-real-estate-investors/investor-strategies-and-plans/fannie-maes-findings-real-estate-investor/#comment-3158 Thu, 03 Mar 2011 11:32:34 +0000 http://yourhoustonhomeinspector.com/?p=1819#comment-3158 We have seen a slight improvement here as well. An interesting book on the topic of Hispanic home buyers is “Casa y Communidad”, which has articles from several top people in their field. What I have noticed through direct involvement in that community is how a larger extended family will work together to make homeownership possible (a fact that is pointed out in that book too). I think investors have to consider factors like who may be there potential clients. Many communities follow a pattern of helping someone purchase a home through the help of a larger extended family.

An interesting note for us home inspectors would be to understand the needs of these communities as well. For example, garages, especially if they are attached, are often converted into rooms by these families to create more living space, since they may have a relative outside the immediate family unit staying with them. We should explain the concerns that would arise if the garage was converted. In the kitchen, we may find that the dishwasher is not used, so explaining the consequences to that unit if it goes for long periods of non-use (seals failing causing a leak). Items to think about.

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By: Home Inspector San Diego http://yourhoustonhomeinspector.com/for-real-estate-investors/investor-strategies-and-plans/fannie-maes-findings-real-estate-investor/#comment-3157 Thu, 03 Mar 2011 04:46:48 +0000 http://yourhoustonhomeinspector.com/?p=1819#comment-3157 These are certainly things to consider. It is always wise to make the home attractive to the demographics in the area. We have a large Hispanic population here in San Diego as well. Houses are beginning to move, and the pace is accelerating over the last couple months so hopefully the trend will continue.

You touched on another important topic and that is perception. People often get too involved in listening to how bad things are, but if you look around and open your eyes if often is not as bad as you think.

Darin

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