Hamad Al Wazzan Active in the restaurants (F&B) and real estate sectors

 Hamad Al Wazzan - How can someone, transform, a house, which is merely, a piece of real estate, and a financial asset, into a HOME, and hopefully, the home — of — one’s dreams? Although, we call the process, potential buyers, house — hunting, once, one, owns it, we refer to them, as homeowners! After, more than 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have come to believe, someone, only, fully enjoys, and appreciates, their house, when they consider it, in a more, emotionally — connected state, of being a homeowner! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, what this means, and represents, and why it matters. 1. Healing; head/ heart; humanity/ humane; health/ healthy: Although, for most of us, the asset value of their house, represents their single — biggest, financial asset, unless/ until, one feels, living there, and enjoying, doing so, is a healing process, t...

Hamad Al Wazzan  — We are currently, undergoing, a period of time, when, mortgage interest rates, are ,  at, or, near record lows, for a significant period of time. This creates, a series of ramifications, and impacts, when it comes to real estate, especially, as it comes, to creating demand, and, the ability of potential buyers, to buy a home! Obviously, when interest rates are lower, a buyer is capable of buying a more expensive house (for his buck), because, the amount of monthly payments, are a key consideration, in determining, how much, a lender, will approve. However, in many cases, this increases, demand, also, and, thus, based on the economic theory of, Supply and Demand, often, ends — up, raising the prices of houses, etc. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 ways, low — interest rates, impact the real estate market. 1.  More house, for the buck:  For, every percentage point, mortgage rates, dro...