Buy Or Rent? Should you buy or rent? It depends on your circumstances, and the real estate market where you are going to live. Years ago, I sold a home for a young couple who owed almost as much as the sales price on their house. They needed to take money from savings to pay the closing costs and sales commission. You can bet that they wished they had rented for the couple years they lived there.This brings up...... Similar Editorial : by charisma. | Source : Buying New Home Tips
Why You Buy A Home Part 2 More of the findings of the recent studies in behavioral economics:Webers LawA change of stimulus is more emotional and motivational, according to the base: Most subjects tested would drive across town to save $10 on a $20 item, for example, but not to save $10 on a $500 item. The lesson for sales people? If you won't lose a sale on a thousand-dollar couch over $10, sell the other...... Similar Editorial : by TC Thorn. | Source : Buying New Home Tips
Why You Buy Property Still more discoveries from the recent studies in behavioral economics:Over-Valuing "Mine"People consistently place a higher value on things they own, even if their "ownership" is temporary. The research is interesting, and I often saw this phenomenum used by salesmen on busses in Ecuador. A product is thrust into your hands, and after a ten-minute sales pitch, you pay or give back "your" item. It...... Similar Editorial : by jamesklo. | Source : Buying New Home Tips
Buying Mobile Homes - Watch For These Problems Why are so many people buying mobile homes? Affordability is the primary reason. Buying a mobile for a first home, a retirement home, or even as a rental property investment - they all can make perfect sense. They do have their own particular problems though. Here are some of those problems, and what you can do about them.Depreciation is the first big issue that comes to most peoples minds when...... Similar Editorial : by philip smith. | Source : Buying New Home Tips
Three Home Buying Secrets Looking for a home? Take a look at these three home buying secrets. They might just save you several thousands of dollars.Home Buying Secret - The Agent Is Not Your FriendOkay, maybe your real estate agent is your friend, but that doesn't mean she will be looking out for your best interest. First of all, she can't, if she is working for the seller. Unless your agent specifically is working...... Similar Editorial : by Laine T. Wagenseller. | Source : Buying New Home Tips
Buying In The Path Of Growth Buying in the path of growth, you can make a large profit in a year or less. But get the timing wrong, and you might have to sit on a property for years without sufficient income to cover your holding costs.There are reasons why towns have to grow in certain directions. Sometimes it is a matter of geography. It is difficult to put new buildings on the sides of steep valley walls, or out into a...... Similar Editorial : by Mark Susnow. | Source : Buying New Home Tips
Why Buy A Fixer Upper Rental? By buying a fixer-upper rental, you can get positive cash flow and a fast increase in equity. The downside? This can be a fair amount of work, and you have to be a landlord.It is getting tough to have positive cash flow from rental homes, due to real estate prices going up faster than rent in most areas. One way to deal with this problem is to buy cheaper homes, to keep the loan payments down....... Similar Editorial : by Ronald W. Firquain. | Source : Buying New Home Tips
How To Buy Apartment Buildings Why buy apartment buildings? Well, you should get more cash flow than with rental houses. Of course, big projects do take more time and research and cash, but then they pay you for year after year.It is easier to start investing in single family homes than apartment buildings. If you have done so, however, you have noticed how difficult it is getting to get positive cash flow from houses. Even if...... Similar Editorial : by Joe Mckenna. | Source : American Home Warranty Shield
Home Buyers - How To Scare Them Away Why look at how sellers scare away home buyers? Because there is a lot to learn from other's mistakes, especially if you want to avoid making them yourself. Here are four such errors to watch out for.Selling What YOU LikeOne of the reasons that a real estate agent is a good idea, is that most home owners are not good salespeople. They make a lot of mistakes which (hopefully) a seasoned pro wouldn...... Similar Editorial : by Joseph Nyamache. | Source : American Home Warranty Shield
Fixer Upper Homes - Are You Ready? Fixer upper homes can be found in even the most expensive cites for much less than other homes. Even here in Tucson, where a small home will usually be over $200,000, an investor at our real estate investing club just told us he found one for $35,000. Before you get excited by the idea, though, here are the two most important questions you should ask yourself before buying a fixer upper:1. Do you...... Similar Editorial : by kevinp. | Source : Landlord Insurance Uk
Used Mobile Homes - Be Careful Why consider used mobile homes? My own first home was a mobile on a small lot. I bought it for $19,500. With the mortgage payments it was still cheaper than renting, plus I paid it off quickly and later sold it for $45,000. Obviously you can live cheap and build equity with a mobile home. (Buying may be the equivalent of cheap rent, but this article is about mobiles that are on real estate.)The...... Similar Editorial : by Kim Lee. | Source : Landlord Insurance Uk
Cheap Homes - Five Ways To Save Thousands How do you find cheap homes? There are too many ways to list here, but there are five basic principles to learn. Understand these, and you can save thousands of dollars on your next home.Cheap Homes Are In Cheap TownsYes, there are still beautiful towns in this country where you can see a good movie, put the kids in a good school, go shopping, enjoy nearby natural beauty, and buy homes for under...... Similar Editorial : by Kim Lee. | Source : Landlord Insurance Uk
Cheap Homes - The Non-Traditional Looking for a cheap home? You may want to consider the options below. Keep in mind that they may be just temporary. Years ago I used my own home as a boarding house, for example, in order to quickly pay off the mortgage. On the other hand, maybe you have no interest in living with others, or building a home. That's okay - you may still find some clues here as to how to save on your next home...... Similar Editorial : by Kim Lee. | Source : Landlord Insurance Uk
Make Duplexes Into Single Family Homes There are times when single family homes in an area are selling for more than duplexes that have the same square footage. It isn't necessarily common, but it happens, and when it does, you can make some money. Just make that duplex into a single family home.Changing the structure of a house will often mean surprises. However, it is generally easier to convert a duplex into a single family home...... Similar Editorial : by F. Terrence Markle. | Source : Landlord Insurance Uk
Home Ownership For Big Profits The benefits of home ownership are written about and talked about again and again. Home owners get to build equity by buying instead of renting. They get a tax deduction for the interest paid on mortgage loans. They get even more equity from appreciation in house values. But you probably know all this.What you may not know is that there is an even bigger opportunity to profit from home ownership....... Similar Editorial : by Tom Levine. | Source : Ohio Landlord Tenant Laws
