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Save Thousands
of Dollars When Buying a Home
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This
FREE no obligation easy to understand report provides simple
steps that will amaze you how easy it is to save thousands of
dollars when buying a home.
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BEWARE!
13 Extra Buyer Costs You Need to Know About
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| This FREE
no obligation report let's you know about 13 extra buyer
expenses you need to know about before you start your home
search. |
| This FREE
no obligation easy to understand report and DVD provides simple
ways to avoid 9 buyer traps that most buyers fail to navigate
before they happen.
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FREE Special Report
"6 Things You Must Know Before You Buy"
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Discover how to avoid these costly mistakes.
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| This report clearly
identifies potential trouble-spots, and lays out an easy-to-follow
step-by-step system to help you get the most money for your home |
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How Property Owners Are Getting
Wealthy
Four
times a year the Federal Reserve
publishes a scorecard of sorts which
tells us how we're doing in the money
department. This time around you'll be
happy to learn that you're now much
richer.
According to the latest stats,
households and non-profit organizations
now have a net worth of $45.907
trillion. Why the government mixes
households with charities, frat houses
and historic societies -- among other
non-profit groups -- is unclear, but
these are the best numbers we have and
they are going up.
In the second quarter we had an
outstanding net worth of $45.270
trillion, an increase of $637 billion or
1.4 percent over the first three months
of the year. Given that we have about
294.3 million people, we each became
wealthier by $2,164 in the quarter.
Going further, that's $8,656 in just
three months for a household with four
people.
Should we believe that a typical
person gained almost $2,200 in new-found
wealth in the second quarter of this
year? Not hardly. Instead, take a look
at where the money is.
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Let Renters Buy Your Retirement Home
If
you buy a second home now for retirement
later, you could give yourself a hedge
against home price hikes as well as a
relatively low-cost retirement shelter
with an equity cushion. That
assumes during ownership you can find
tenants who'll pay enough rent to cover
your investment costs. You'll also have
to be able to actually use the property
when you retire.
"Buying a retirement home while
you're still employed is a wise
investment, if you can keep it rented
until you're ready to move in," says
Valerie Patterson, senior producer of
RealEstateJournal.com.
That means you'll have to find a
property you can rent for an amount that
will cover not only the principle and
interest but also the bulk of property
taxes, insurance, property management
and maintenance costs, home owner
association dues and any other costs,
actual and estimated, associated with
property ownership.
Patterson says if you can't secure
a tenant, or if the rent you collect
doesn't cover your monthly payments,
even locking in a low interest rate now
may not be wise unless you've got the
extra income to cover the difference.
Don't forget to consider tax
benefits that can help offset costs.
In addition to mortgage interest
deductions on owned home values up to
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Title:
Can't Own A
Home Without It
Did
you know that Abraham Lincoln lost his house
twice because of cloudy title? It's true. First
American Corporation, which is one of the
country's largest title insurance underwriters,
reports about the losses on its website and in a
promotional brochure about the dangers of not
having a clear title to land. When it
comes time to finish the paperwork for your
first piece of real estate (investment or
otherwise) you're going to find out that many
trees have lost their lives because of the paper
shuffled back and forth to buy, sell, rent,
insure, list, survey and record real estate.
There's a lot of paperwork required in
real estate. You eventually need to understand
what all these papers mean that you're signing.
The most important
Daily News and Advice
Read about the events
shaping the Real Estate market today,
find current interest rates, or browse
the extensive library of advice and
how-to articles written by some of the
top experts in Real Estate. Updated each
weekday.
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Free Online Home
Valuation
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free no obligation home valuation. |
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Your Home
Didn't Sell. Do You Know Why?
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| Your home
didn't sell or your listing expired. It likely wasn't your home.
We can show you why with a FREE DVD and report, How to Sell a
Home That Did Not Sell.
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How to Get Your
Asking Price in a Buyer's Market
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| Receive a
FREE no obligation report and DVD showing you how to get your
asking price in a buyer's real estate market. |
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27-Keys to
Selling Your Home
Quickly and for Top Dollar
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| Receive a
FREE no obligation report and DVD explaining the 27-keys to
selling your home quickly and for top dollar.
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11 High Cost Inspection Traps You
Should Know Weeks Before Listing Your Home For Sale
|
| To
help home sellers deal with this issue before their home is
listed, a free report entitled "11 Things You Need to Know to
Pass Your Home Inspection" has been compiled which explains the
issues involved. |
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Waiting
for higher interest rates to
depress prices may not be your
best home-buying strategy. 
