If you are a Real Estate market newcomer and looking for a suitable piece of property, which would deliver not only a joy of ownership but secure and prudent investment opportunity or, you are happened to be a seasoned homeowner searching for a possibly most comprehensive analytical tools developed to project the home carrying costs and balances in advance, then you arrived to the site, which has been designed to bring the happy end to your search endeavor.
In order to deliver the most efficient financial overview of potential costs related to the purchase of Real Estate properties and to figure out the best possible budget planning strategy for the home investor we utilized very innovative and non-obvious approach while taking such costs into account. A good number of additional non-standard parameters have been considered for a long-term comparing and cost analysis.
A primary purpose of the software package offered here is to provide the home seekers with a possibly most inclusive long-term cost analysis and ability to compare real estate properties side by side while exploring Real Estate market and before making a purchase decision based on some other personal and non-pragmatic preferences.

How to buy a house: getting the best return on your real estate investment along with an intelligent household budget planning ..

The only common sense approach for getting a good return on real estate investment is a responsible buying and budget planning strategy for those who are considering to invest in real estate. Real estate buyer must take a full charge in managing a household budget by carefully estimating the amount of money the buyer would need to allocate in order to purchase and maintain a real estate property. Regardless any sort of influence coming from government, banks, brokers or sellers towards a home buyer, the buyer must choose a right property, find an appropriate financing solution, reserve a sufficient amount of money for property maintenance, put some money aside in a case of economy downturns, continue wisely manage other investments and financial matters. There is no magic for finding the best long and short-term solutions for your budget out of a real estate buying puzzle but a good and steady personal effort.

Why is Real Estate investment a complex issue ..?

When exploring Real Estate market you may find the process of choosing and buying a home complicated and cumbersome. Let's just take a brief look at the numerous parameters involved in this search endeavor.

a. Equity progress estimate

Equity progress is based on a property market value (where you buy and what you buy) and Home Appreciation Rate. The speed of equity build-up produces a tremendous effect on homeowner’s immediate and future financial balances.

b. Financing

Suppose you do not have enough cash to bypass a real estate purchase financing stage and, then you have to manage a few more very common variables of a real estate buying puzzle:

Principal amount
Down payment amount
Term of mortgage
Mortgage interest rate

A variation of these variables may bring significantly different results on a long run.

c. Real estate property carrying expenses

Property carrying expenses is your next big concern when purchasing a home

Property tax
Strata or condo fee
Homeowner insurance
Energy cost
Water and/or Sewer
Maintenance
Home improvement loan

It is obvious that every single contributor depends on Where you buy, What you buy and Who is buying a property (individual ability to maintain and manage the costs involved).
Bear in mind, that a standard real estate analysis used by the banks and other financial institutions for official presentations may not consider all the parameters, which you will be needed for comprehensive analysis of your immediate costs and for projecting the balances into a long-term prospective.
Let’s us also take a brief look at some additional aspects of a household budget management, which can be definitely incorporated into a real estate analysis while searching for a property.
The cost of using your household vehicles for commute is always bringing a significant burden to your budget and greatly depends on a location of the property.
Beside transportation costs the property’s whereabouts may trigger some additional expenses related to the specifics of the location, for example:

Choosing a private school for children instead of public
Extra spending for leisure activities specific to location
Food and services costs
Health and/or other Insurance policies rates

d. Mortgage payment strategy

Another extremely important aspect of money management while dealing with a real estate property is the mortgage payment strategy. Invoking an accelerated mortgage payment method can substantially decrease the amount of mortgage interest to be paid off. Making some amount of extra mortgage payment on a regular basis will certainly rearrange the investment pattern and impact the accumulation of saving amount and investment funds on a long run.
Moreover, the outcome produced by mortgage payment, investment and saving strategies is also affected additionally by a number of parameters such as income tax bracket, investment return rates, interest tax deduction amounts, inflation rates, personal spending, etc. All the financial matters just listed above do certainly bring a significant complexity to a real estate investing and budget balancing equation, which can not be solved successfully without a scrupulous data collection and an assistance of a professional mathematical analysis.

Brief overview of real estate software, personal finance software and financial calculators needed for analysis of real estate investment ..

In order to compute a real estate property related expenses the following real estate software and financial calculators will be definitely needed for a real estate investor:

home mortgage calculator

To calculate mortgage payments real estate investor must have a mortgage payment calculator with accelerated mortgage payment options(when extra mortgage payments are made on a regular basis). This financial calculator must also enable user to estimate the total interest amount paid at the end of mortgage payments, compute the term of accelerated mortgage payments and demonstrate the correlation between the amount of down payment, mortgage term, mortgage rate and monthly mortgage payment.
This personal finance software utility will help user to choose a right mortgage payment strategy.

home equity calculator

It is absolutely necessary to estimate the home value and equity accumulated to the end of each year of the mortgage payment in order to project a financial balance for the home owner’s household budget. Therefore, the property owner will be needed a home equity calculator showing an annual equity amount accumulation based on initial home value and annual home appreciation rate.

household budget calculator

After dealing with home mortgage payment calculator the home owner or investor has to figure out other home carrying costs and household budget matters. Any real estate investor can find the financial calculators described bellow to be a very useful component of a household budget calculator.

home energy consumption calculator

Home energy cost mostly includes the cost for electricity, natural gas, propane, oil, coal, hardwood, softwood, wood pellets, which energy is used for heating, air conditioning and other home appliances. The home owner or investor has to utilize a home energy consumption calculator, which will enable the user to find out an average monthly energy bill after considering a list of home appliances usage along with a seasonal fuel cost.

home repair cost calculator

There are regular home maintenance costs, which have to take care of costly jobs like painting the house, putting in a new furnace, replacing the roof and so on. These costs may run from 1% to 3% of the property’s value or even more each year. An itemized maintenance and home repair cost calculator can be utilized for projecting an average monthly amount, which the property owner would need to reserve in order to afford the future and current replacement or repair expenses for the subject property.

transportation expenses calculator

Household budget is significantly affected by transportation expenses, which do greatly depend on the location of the property. Consideration of commute costs can certainly help the investor or homeowner to make an appropriate household budget planning and real estate purchase decision. To find out an average annual cost of a car the user needs to have the itemized transportation expenses calculator. This calculator must enable investor to compute how much per mile does it cost to drive a car and then, calculate operating cost of all household vehicles together.

inflation calculator

In order to project the household expenses into the future the investor or property owner will be needed an inflation calculator, which will help to estimate the future balances for the property based on a proposed average annual inflation rate.

investment calculator

Finally, if you own an investment property and save some money by investing somewhere else, you will definitely be need an investment calculator. This utility must help you to calculate your total amount accumulated on your account at the end of the saving term when you do your regular monthly and yearly deposits on that account with consideration of your marginal tax rate, annual investment return rate and saving term.

Extremely inexpensive and yet very effective solution for analyzing real estate properties, comparing and projecting the balances in advance

If you are happened to be that considerate and responsible real estate investor or home seeker who is searching for a possibly most comprehensive analytical instrument developed to project the home carrying costs and balances in advance, then you definitely should look into a software package named ‘Real Estate Analytical Companion’. This software package helps home seekers to perform the most comprehensive financial overview and conduct a long-term cost analysis of real estate properties while exploring real estate market and before making a purchase decision based on some non-pragmatic personal preferences. The package also enables users to project the outcome of each prospective purchase on a household budget while taking into consideration some non-traditional parameters such as personal saving and spending, mortgage with accelerated options payments, investment returns, transportation expenses, home energy cost and more.
Real Estate Analytical Companion has been also designed to assist home buyers to project the subject property carrying costs along with other expenses and then compare selected properties by their immediate and future financial balances. This software package can be very useful for current homeowners as well in helping the owners to overview their property related expenses, project the costs into a future and define a right financial management strategy for a budget. A good number of additional parameters have been integrated with this program in order to provide a comprehensive comparing and long-term cost analysis of real estate properties and enable the user to project the overall impact of the costs on the homeowner’s budget.
The featured software package also contains Real Estate toolbox, which holds such constantly needed for saving time and money utilities like Saving and Spending calculator (great tool for retirement planning!), Mortgage and Equity calculator with accelerated mortgage payment options (outstanding utility for choosing a right financing and mortgage payment strategy!), Loan calculator, detail oriented Maintenance, Energy, Transportation cost calculators and other financial calculators.
This Real Estate Analytical Companion can be at real estate buyer’s assistance for a lifetime just for a fraction of the single hour consulting cost, which the home buyer would be paying to a certified professional analyst for finding the best solution out of a complex budget optimization problem with numerous parameters during a process of selecting a right real estate property for investment or dwelling.
You can also find 3 other useful Real Estate software utilities:
REwiser Financial Tools - contains Ebook with information on how to buy a house, Home Investor computer game and Toolbox with financial calculators: Saving and Spending calculator, Mortgage and Equity calculator with accelerated mortgage payments option, Loan calculator and Price Increase calculator.
REwiser Energy and Transport Tools - contains Ebook with information on how to buy a house, Home Investor computer game and Toolbox with calculators for energy and transport: Home Energy cost calculator, Transportation cost calculator, Water Bill calculator and Price Increase calculator.
REwiser Home carrying Tools - contains Ebook with information on how to buy a house, Home Investor computer game and Toolbox with some calculators useful for home carrying: Home Energy cost
calculator, Home Maintenance and Repair calculator, Water Bill calculator, Property Tax calculator,
Homeowner's Insurance calculator and Price Increase calculator.
Here is also offered an executable version of REwiser Ebook with Home Investor game, which can be downloaded for free. This ebook contains a lot of details on the software just described above along with numerous examples of real estate properties presented with the results of investment analysis and comparing.
The purpose of the Home Investor game (comes along with Ebook and 3 other software utilities just mentioned above) is to prepare the home investor to make the most prospective financial choice out of real estate market while searching for a property and before making a real estate purchase decision based on some other non-pragmatic preferences.

Ebook with Home Investor game can be also found in the following directories:

eLibrary - Open Ebooks Directory - includes most of the ebooks sold on the internet. Free for addition of one's own ebooks.

FreeByte.com - free ebooks and software utilities.

free-ebooks-download.org - a site providing free download for IT and computer technical programming ebooks.

Special offer: REwiser 3.0 Home Investor Super game is now delivered alone with every purchase of REwiser group software. This super game was designed not only to entertain or challenge, but also assist the game player in developing advanced understanding of how to make prudent financial decisions when choosing a Real Estate property and managing personal financial assets after the home purchase. Read more