Los Angeles, CA (PRWEB) November 24, 2014 -- The National Association of Realtors published the latest existing home sale data in a press release on October 21, 2014. Recent data shows a rebound trend in September, when existing-home sales bounced back to a high growth rate.
In September, existing-home sales increased 2.4 percent from last month, the press release announced. Sales data climbed to the highest pace of 2014. This shows that the real estate market is still on track with its recovery process.
While many investors are still wary after the economic crisis back in 2008, many see this as a good opportunity to capitalize on low price purchases and expect the prices to rise in the future, along with the recovery process. Sense Financial joins this optimistic side and considers that this is a good time for real estate investors to join the market.
For owners of self-directed Solo 401k accounts, this is also a good opportunity to add real estate to their retirement portfolio, if they haven’t already. Unlike traditional retirement plans, a truly self-directed Solo 401k plan offered by Sense Financial allows account holders to invest in real estate and almost any other investment options available. By adding real estate notes, properties, or trust deeds into their portfolio, account holders can diversify their risk, while earning a healthy return for their retirement accounts.
Many investors also realize other benefits of a self-directed Solo 401k. With the self-directed option, investors can take full control without consulting a custodian. This allows them to catch potential deals without delay, and do what they believe is best for their finances. Non-recourse financing is also a powerful investment tool, which allows plan holders to invest in properties that they would not be able to afford otherwise. Unlike an IRA account, a Solo 401k can use non-recourse financing for real estate purchases without any tax or penalty.
Sense Financial is California's leading provider of retirement accounts with "Checkbook Control": the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients to obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about Solo 401k, please visit sensefinancial.com.
Vanessa Pham, Sense Financial Services, http://www.sensefinancial.com, +1 (949) 228-9450, [email protected]