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People invest in real estate all the time. And many fortunes were created with real estate. These fortunes were able to be built because someone took the time to get to know their market. But not understanding what the real estate market is doing can cause serious problems for the investor. The first thing you should look at is previous sales. You want to know what the selling price of each property was over the last 3 to 6 months. It doesn't matter if the asking price was $200,000. It does ...
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When buying a home, some people put more importance on the color of the walls than the condition of the roof. Paint color is an easy thing to change, but replacing a roof is a costly undertaking. Always hire a trained home inspector before you finally purchase a home, but use these tips as a guideline to help you weed out some of the potentially serious problems during the first walk-through. Moisture: One of the sure signs of an over accumulation of moisture is a musty smell. If it has ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...
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