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buyer exploring the complexities of a home acquisition is often in for wild ride. It's a mystery where few should venture alone, where financing and location are important, and where purchasers need to carefully review the seller's "resale disclosure". Without it, "buyer...
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Each year more than 40 percent of all homes are purchased by first-time buyers according to the National Association of Realtors, a percentage which should offer some comfort if you're about to buy a first home. Others have done it, others are doing it, and you can too.
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Periodically I hear from readers who want to make $1 million in real estate -- quickly and with no money down. Usually they want to know more about real estate foreclosures -- how to buy them and how to profit from such homes. I've participated in a couple of these deals, and...
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You're one of the lucky ones. You not already own your own home, but you've also built up considerable equity over the years...enough to make a sizable down payment on an even bigger home. And you're even luckier....your dream house finally came on the market! Wee-hooo!
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It's the type of letter every homeowner wants.
Dear Mr. and Mrs. Miller:
We live in the local area and have a strange question for you: Would you be willing to sell us your home?
We are not real estate but we are interested in buying a ranch-style home. We are...
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Would you spend $650,000 for a beachfront home with sagging shutters, no landscaping, peeling paint, old appliances, outdated wallpaper and a generally drab exterior?
On paper, the house sounds less-than-desirable -- okay, it sounds hideous. But before you answer, consider...
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