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If your agenda for 2008 includes investing in distressed real estate, keep this in mind: Just because you buy low doesn't mean you'll be able to sell high. The "buy low" part seems easy enough. Historic oversupplies of inventory, the subprime-mortgage mess and the possibility of recession have created a perfect storm of declining value in once-hyperinflated real-estate markets. Condo shoppers in South Florida, for example, can expect discounts of 40% to 60% off the previous sales ...
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It's common practice for home buyers to begin their home search on their own. Typically searching the MLS system, and going through open houses… talking to agent, after agent. I believe 's truly important to have a real estate professional represent a buyer from the very beginning of their home search process. As a buyer representative, the REALTOR has a legal duty to represent the best interests of the buyer. The seller has an agent representing their interests, why wouldn’t ...
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Buying a property to live in or for investment can be a very emotional process, and if you don't know the current real estate market their is a good chance emotion will get in the way, with the end result being that you have paid too much. Below are three important tips that might just end up saving you a lot of wasted time and money: 1. Research, Research and More Research: There are many companies now that offer a service where by you can by printouts of recent property ...
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