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Buying Real Estate Can be a Risk but it Should be a Calculated One

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

Making the decision to purchase a home and invest in real estate involves risks.  So does everything in life from Day One forward.  Although you played no part in the decision to leave your mother's womb nor in most decisions before the age of 3, the rest of your life has likely involved a series of calculated risks.  Sometimes you only have a split second or a matter of minutes to make a life or death choice.

Fortunately purchasing a home does not reach the level of life or death decisionmaking.  However, the decisions about where to live, how much to spend, how much mortgage debt to assume, what type of home, are very important ones that will likely be some of the biggest financial and lifestyle decisions you make in your life.  Nobody has a crystal ball and can tell you with 100% accuracy what you should do when it comes to real estate, but there are ways to turn risks into calculated risks.

REALTORS remove risk

 

Enter the experienced REALTOR.

We know the neighborhoods.  We know the markets.  We can explain the difference between a condo and a co-op. 

We're on top of the statistics and understand the trends.  We represent your interests and abide by a Code of Ethics.

Ultimately it is always your decision what price and what terms to offer for the home of your choice.  It's also your decision on choosing the neighborhood and the house.  Our job is to provide you with the data to help you make an informed decision and remove some of the risk.

 

We live in a risky world.   I'm not afraid of risk.

I've ran a marathon.

Brian ran the Marine Corps Marathon

I've gone whitewater rafting on Class 5 rapids (that's me at the front right of the picture).

Whitewater Rafting

I've flown acrobatics in the air in a WW-I open cockpit bi-plane.

Brian at Bealeton Air Show

I didn't just wake up one day and decide to do these things without the proper research, preparation, and in the case of the marathon, extensive training.  Risk for the sake of risk and thrill-seeking is not my modus operandi.  However, calculated risks and understanding what's involved pays off with the reward of once in a lifetime experiences. 

In real estate, calculated risks help you make prudent investments that will better your lifestyle, your finances, and allow you to profit now and in the future.

REALTORS help remove risk. 

Let me help you today with your Northern Virginia or D.C. home search.

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Contact Brian Block, REALTOR/Attorney: Licensed in Virginia & Washington D.C. (703) 626-0715. If you are interested in purchasing or selling a property in Northern Virginia including Arlington County, Alexandria City, Annandale, Burke, D.C., Fairfax County, Falls Church City, Lorton, McLean, Springfield, Vienna, Washington D.C., contact Brian today.

Doug Miller
Surfsand Investments LLC - Bellevue, WA

Hey Brian,

I am curious to know if you help your clients purchase real estate with the use of their retirement funds or with a self directed IRA?  I like the way your passion shows through on this post for helping clients understand the real estate purchase and preparing and educating clients on major investment decisions.  Just curious.

 

Doug

Aug 18, 2008 09:03 AM
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Naoma Doriguzzi - Virginia Beach, VA

I love your analogy here!  I would trust my real estate decisions with you for sure!  You have the experience and a great personality! 

Aug 18, 2008 11:24 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Wait!  Is that you in the water, hanging onto the side of the boat for dear life?  It looks seriously fun!

Aug 18, 2008 03:27 PM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Buying a home can be a great experience with the right guidance and the right person to help with the evaluation.

Aug 18, 2008 04:20 PM
Eleanor Thorne
Equity Resources - Cary, NC
Advantage Lending 919-649-5058

Brian!  Thanks for showing another side of yourself - again!

Aug 18, 2008 11:22 PM
Mike Klijanowicz
Cummings & Co. Realtors - Perry Hall, MD
Associate Broker @ Cummings & Co. Realtors

Nice Post, Great Message, and Personal Marketing!  Love the button links at the bottom...

Aug 20, 2008 01:26 AM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

Brian, you are a risk taker, oh my. White water rafting on a class 5, yikes. Fun post.

Aug 20, 2008 12:04 PM
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate

MISSY:  And believe it or not, that was my first time ever whitewater rafting.  Talk about trial by fire.

Sep 16, 2008 01:07 PM