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The following are not your usual home buying tips. For example, almost everyone will tell you that you should buy a home, but the first tip below suggests an alternative. Consider Renting This is all about time and place and your own situation. Are you going to be in one place for long? If you are likely to move within a few years, you may be better off renting. Transaction costs of buying and selling will likely eat up any equity gains you get. It may seem profitable to buy at ...
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First time buyers please note: predictions for improvements in realty market activity are gaining ground. Yet another prediction, this time by an economist, has forecast that the realty environment is in a position for modest change. The change is due to show by mid 2008, and the reasons for the projected increase in realty activity are also laced with cautions. Buying conditions have improved and held steady; we are now into our second month of under six per cent on mortgage interest ...
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Just as we were fooled by the terms 'lite' and 'low-cal', so we are now beginning to get caught out with the terms 'green' and 'environmentally friendly'. In the same way that we were willing to pay more for low fat and low calorie products, we will also pay more for green products. Green has even entered the realty market, and green choices are optional in some newly built homes. But how can we protect ourselves from what is truly green and what is erroneously called green? As ...
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