Welcome to Allodial Acquisitions
We are a project-based association of private investors who specialize in buying, selling, and fixing assets through acquisitions transactions.
Our desired focus is on market distressed acquisitions, which allows us to provide direct services for each of our projects.
Why Do We Do What We Do?
Based on the current average 30-year fixed mortgage rate of 6.81% as of November 27, 2024, the total interest paid over the life of a $416,100 mortgage would be approximately $537,000. This calculation assumes a 20% down payment, resulting in a loan amount of $332,880.
Comparing this to the average American salary of $68,124 per year:
1. The total interest paid ($537,000) is about 7.9 times the average annual salary.
2. On a monthly basis, the interest portion of the payment would be about $1,885, which is approximately 33% of the average monthly salary ($5,677).
This comparison highlights the significant financial burden of mortgage interest relative to typical incomes, underscoring the challenges many Americans face in affording homeownership. It’s important to note that while mortgage interest is substantial over the life of the loan, homeowners also build equity as they pay down the principal.
Our Approach
At Allodial Acquisitions, we focus on building relationships with motivated sellers and identifying market distressed assets that meet our investment criteria. We conduct thorough research and due diligence before investing in a asset, ensuring that we make informed decisions and minimize risks.
Get Started with Allodial Acquisitions
If you’re interested in learning more about our association, please contact us. We’d be happy to answer any questions you may have and provide guidance on how to get started.
