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Tagged : REALTOR

Found 2 blog entries tagged as "REALTOR".

One point to consider is that you will be making a house payment, whether you are buying or renting. You are either paying your own mortgage payment or you are paying your landlords payment. Though it depends upon your own individual financial and personal living requirements, buying a home has many advantages over renting.

BUILDING VALUE AND CREATING WEALTH: By making payments on your home, you build equity(the difference between property value and mortgage loan payoff amount) and your net worth should gain. Your home should gain in value by appreciation (due to inflation, rising building costs, etc).  This plan of gaining equity and property appreciation is a WIN/WIN situation that has been proven time and again.

TAX BREAKS: The U.S. Tax Code allows

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Real Estate transactions are the biggest financial investment most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 Income Tax problem, would you decide to deal with that without the help of a CPA?  If you had a $100,000 legal issue, would you want to handle that without the help of an attorney? Considering the small cost and large risk involved, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR.

If you are a BUYER, your agent may be able to locate property that is not actively advertised and will take some investigation to find all available properties. Your real estate agent can help you in understanding your different financing options, also.

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