It is a favorite epithet of C.E.O.s: “uncertainty.” The word is routinely used as a catchall for why things aren’t going as well as they should. Here in Omaha, sometimes the uncertainty is economic, but these days it is mostly political.
“Election outcomes are relevant to corporate decisions, as they have implications for industry regulation, monetary and trade policy, taxation, and, in more extreme cases, the possible expropriation or nationalization of private firms,” Brandon Julio, a professor at the London Business School, wrote in the Journal of Finance. “If an election can potentially result in a bad outcome from a firm’s perspective, the option value of waiting to invest increases, and the firm may rationally delay investment until some or all of the policy uncertainty is resolved.”
Mr. Julio, together with his co-author, Youngsuk Yook of the Federal Reserve, examined not just elections in the United States but in 48 other countries from 1980 to 2005. They found a clear pattern: “During election years, firms reduce investment expenditures by an average of 4.8 percent relative to nonelection years,” their study said.
Strikingly, Mr. Suttmeier’s finding that the final year of an incumbent’s eight- year term was the only year that averaged negative returns in the United States may have an explanation, albeit one that involves a bit of conspiracy theorizing. “There has been much debate over whether incumbents manipulate fiscal and monetary policy instruments to influence the level of economic activity prior to an election in order to maximize the probability of re-election,” Mr. Julio said in his own study.
Uncertainty, plays out in the housing decisions we make. Should we sit tight until after the election to sell our house or should we sell now in case the economy gets worse. We know the year after an election is a time of great change. The new president makes all sorts of decisions about the economy and foreign policy. He or she wants to get the bad news out of the way first, so by the next election things are looking rosy.
That means for the time being, if you have been holding off, waiting for the best time to sell your house, maybe now’s the time, and we can close in less than 40 days.
Using Styl Properties, Inc, you won’t need an inspector to go through your house, telling you what items to fix before you can sell. You won’t have to reduce your sale price by the cost of the repairs pointed out by the inspector. There are no realtor commissions of 5 to 6% to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close and you lose the buyer.
When we say you can sell your house now, we are usually talking 30 to 45 days, though in some cases we have closed in a week. That means you could be out before winter officially starts, basking in some warm tropical sunshine.
How does it work? We know your neighborhood and the house prices. We do a walk-through of your house, note any deficiencies, and figure out what it will cost to fix those items and what price we could sell the refurbished house. We calculate the profit we need on our investment and offer you a price. We will explain how we arrived at our offer to you and answer any questions you might have. Then it’s up to you to accept our offer or go the traditional selling route. One call, no obligation.
Isn’t that what you want?
Styl Properties, Inc. is part of a nationwide group of thousands of investors who are helping tens of thousands of homeowners every year. We may not be the “traditional” route, but we CAN help and we can do it quickly.
Give us a call today at 402.909.0608 to let us know what YOU need help with!