They make it look so easy, those house-flipping shows where they take a wreck of a home, turn it into a dream house, then sell it for a big profit. Have you ever wondered if you were missing out on an opportunity? Let’s pull back the show business curtain and take a look. Overstated drama. The first thing you need to remember is that house-flipping shows are entertainment. Their main goal is to boost ratings to sell advertising to make a profit. The drama is pure theatrics to drive viewership. Smart house flippers expect problems in such homes and plan for those costs, (3 comments)
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
Are you thinking of selling your home? If you would like any information on buying or selling a house, please contact us atwww.OneHomeTeamRealty.com. -- Wayne & Lisa Bennett - Broker Owners/Realtors® GRI, ABR, e-PRO, SFR, CDPE Licensed (1 comments)