Things you Should Know About Buying a House part 2 of 3
Title:
Things you Should Know About Buying a House part 2 of 3
Word Count:
833
Summary:
learn how to negociate a mortgage, evaluate a house, build a list of criterias for your dream
Keywords:
real estate, finance, purchasing a house
Article Body:
Houses do evolve with time (and sometimes very quickly).
So your stepbrother has visited the house and told you it was fine and that you should save a
Professional house inspectors are trained to look for details usually overlooked by regular ho
Finally, a good inspection done by a professional can usually pay for itself by using it as a
Shrink your mortgage.
How many payments are there in a year? The answer is it depends.
If you pay monthly, there are 12, if you pay bi-weekly, there are 26 (or the equivalent on 1 e
Do you have a little extra cash in the end of the month?
Even ridiculously small amounts, applied monthly on your capital will save you thousands of do
Owning real estate does have it’s advantages.
Choices: as the owner, you can decide whether to select a building that matches your current n
Equity: every month, your payments are applied to paying down your mortgage and building some
Appreciation: not withstanding any unforeseen occurrences, your building should appreciate wit
Power: as the landlord, you are the person in charge of deciding how to finance the building,
You make your money when you buy, not when you sell.
One extremely important factor to consider before making your decision is that you make your m
Paying more than the fair market value, not taking into consideration your cash flow factors (
Though appreciation is quite probable, I suggest you don’t factor it in when crunching your nu
If you absolutely need appreciation to justify your purchase, be extremely careful as no one r
Discuss the situation with a real estate agent know for his or her integrity such as Anne-Mari
Pay off your house in 12 year: doing this you could actually get it for free.
If you understand but most important if you use my preceding advice about crunching the number
This is something worth looking into, especially with the:
Tax advantages of flipping houses.
Since I’m not a CPA and that all situations are unique, I strongly suggest you meet with a com
For now, keep in mind that in most situations, you will be able to use some of your expenses a
What I do know for a fact though is that in most places, you can keep 100% of the profit (the
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Things you Should Know About Buying a House part 2 of 3
Word Count:
833
Summary:
learn how to negociate a mortgage, evaluate a house, build a list of criterias for your dream
Keywords:
real estate, finance, purchasing a house
Article Body:
Houses do evolve with time (and sometimes very quickly).
So your stepbrother has visited the house and told you it was fine and that you should save a
Professional house inspectors are trained to look for details usually overlooked by regular ho
Finally, a good inspection done by a professional can usually pay for itself by using it as a
Shrink your mortgage.
How many payments are there in a year? The answer is it depends.
If you pay monthly, there are 12, if you pay bi-weekly, there are 26 (or the equivalent on 1 e
Do you have a little extra cash in the end of the month?
Even ridiculously small amounts, applied monthly on your capital will save you thousands of do
Owning real estate does have it’s advantages.
Choices: as the owner, you can decide whether to select a building that matches your current n
Equity: every month, your payments are applied to paying down your mortgage and building some
Appreciation: not withstanding any unforeseen occurrences, your building should appreciate wit
Power: as the landlord, you are the person in charge of deciding how to finance the building,
You make your money when you buy, not when you sell.
One extremely important factor to consider before making your decision is that you make your m
Paying more than the fair market value, not taking into consideration your cash flow factors (
Though appreciation is quite probable, I suggest you don’t factor it in when crunching your nu
If you absolutely need appreciation to justify your purchase, be extremely careful as no one r
Discuss the situation with a real estate agent know for his or her integrity such as Anne-Mari
Pay off your house in 12 year: doing this you could actually get it for free.
If you understand but most important if you use my preceding advice about crunching the number
This is something worth looking into, especially with the:
Tax advantages of flipping houses.
Since I’m not a CPA and that all situations are unique, I strongly suggest you meet with a com
For now, keep in mind that in most situations, you will be able to use some of your expenses a
What I do know for a fact though is that in most places, you can keep 100% of the profit (the
This is a demo version of txt2pdf v.10.1
Developed by SANFACE Software http://www.sanface.com/
Available at http://www.sanface.com/txt2pdf.html