foreclosures: Top 7 Mistakes Made by Home Buyers
- 03/14/12 07:46 AM
The first thing most people do is start the search either online or in their car on the weekend driving around going to open houses and model homes. It’s fun and gives you a feel for what you might be looking for in a home but is really not a great way to begin. The problem with this is most of us dream more expensive than we can afford. It’s important to look at your budget BEFORE you get started in the search and know your price range based on a sound budget. 1. House shopping without knowing how much you can afford. Get … (2 comments)
One thing you could always count on was a long and even in some cases short term Real Estate investment. The safe investment most baby boomers had in there portfolios for retirement was and hopefully for some still is Real Estate. Most long term Real Estate investing is safe. Like any investment tool you need to be in it for the long haul. Real Estate investors are making millions buying and selling and this is still happening in today’s market. In the mortgage meltdown of 2007/2008 many baby boomers and others found themselves in deep trouble with declining values, meaning their net values were declining, … (0 comments)
The first thing most people do is start the search either online or in their car on the weekend driving around going to open houses and model homes. It’s fun and gives you a feel for what you might be looking for in a home but is really not a great way to begin. The problem with this is most of us dream more expensive than we can afford. It’s important to look at your budget BEFORE you get started in the search and know your price range based on a sound budget. 1. House shopping without knowing how much you can afford. Get … (2 comments)
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