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9 Home Buyer Traps And How To Avoid Them
No matter which way you look at it buying a home is a major investment. But for many homebuyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap...
How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker
Will Real Estate prices keep going up or will the bubble burst?
Who knows? Either way, real estate is a risky business. Tying up all that money and having very little liquidity can spell disaster for any investor.
In any hot market there are...
Real Estate Investing: Infomercial, Tax Sales And Mentoring Scams
Flipping through late-night infomercials recently, I saw two real estate get-rich quick schemes, and I couldn't help but wonder why people still fall for those old scams? Has anyone really talked a seller out of his home for no money down with owner...
The Miami Condo Market
The Miami condo market is very diverse and offers a large number of different solutions for those interested in purchasing or renting a condo. People from all over the world are attracted to the vibrant Miami area and its supreme climate for...
Wired. It's More than the Name of a Magazine
Recently I posted a couple of articles on my blog that discussed the new products that were being introduced at February's International Homebuilder's Tradeshow in Orlando, and how they will ultimately change the way new homes are built in the...
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Rear Estate It Takes Two To Tango
Two people, so a saying goes, can look at one thing and see two different things.
In the world of real estate, there are only two people involved in the process, the buyer and the seller. Whoever gets the most benefits, nobody can tell. But whether it's the buyer or the seller's game, getting involved in real estate business can be a very rewarding feat.
Real estate, in a general sense, refers to anything that is permanently set on a piece of land such as buildings. The concept of real estate lies on the fact that because of property ownership, real estate has turned out to be the most important theme in the business. And when there is a business, there is money.
Nowadays, there are people who buy houses not just because they want to own a home but for financial reasons.
Generally, these moneymakers would get a home equity loan from their real estate and then use it as a deposit for another property. Thereafter, he or she will sell the other property at a higher value. This is better known as "flipping".
This is the reason why most mortgage lenders and builders would rather sell their real estate to customers whose purpose to buy a house is purely residential. Lenders and construction builders see these so-called "flippers' as a treat to their business.
For this reason, many builders include some anti-speculation writing clauses within
the sales contract. It is stipulated in the contract that the owner will be reprimanded if he or she will sell the real estate within one year. It may also include a clause stating the defensive privilege of the builder to buy back the real estate at the selling price. This is applicable if the owner will resell the real estate within a year after the date of purchase.
But nevertheless, there are still people who try speculating in real estate especially if they have loads of perspective buyers who can compensate the higher rate of the property plus the cost it brings.
In a basic sense, property owners can do most anything with their real estate. The only drawback is that speculating on real estate fads can be really risky because nobody knows if and when the real estate "bubble" will burst.
But then, most business experts contend that what you invest in depends on your capacity to take risk. So, if you want more income, you have to take more risk…risks that you're confident enough to face.
About the Author: Save $$$ Selling Your Own Home FREE eBook Shows You How! http://www.push-button-online-income.com/fsbo
Source: www.isnare.com
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STLtoday - Homes |
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www.stltoday.com |
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Boston Real Estate - Search the Boston Globe and Boston.com for Massachusetts Real Estate, Boston Condos, Land for sale, Vacation Rentals and more. |
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Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers. |
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Washington, DC, Virginia and Maryland homes, real estate news and headlines. [Registration required] |
www.washingtonpost.com |
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Coldwell Banker Real Estate Corporation |
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Detroit News Online | Real-Estate |
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Real Estate for Sale, Rent and Share @ Domain.com.au. Houses and apartments for sale or rent all over Australia. Thousands of properties in Sydney, ... |
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Luxury real estate news and features - Forbes.com |
Luxury real estate news and features at Forbes.com. Core topics include real estate, mansions, condos, co ops, oceanfront realty, second homes, ... |
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Real Estate News - Prices, Mortgages, and Calculators from CNNMoney |
Latest on mortgages, refinancing, & home tips from CNNMoney.com. Calculators for refinancing, mortgage payments and more. |
money.cnn.com |
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Los Angeles' leading online source for local, state, national, world, entertainment, and sports news. Plus jobs, real estate, cars and shopping information ... |
www.latimes.com |
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