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A real estate property that has been purchased with the intention of earning a return on the investment (purchase), either through rent (income), the future resale of the property, or both. An investment property can be a long-term endeavor, such as an apartment building, or an intended short-term investment in the case of flipping (where

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Real estate salespeople, and other licensees who are required to work for and under the umbrella of a designated broker, are often referred to as real estate agents. In legal language, the term “agent” refers to the strictly defined relationship between a real estate salesperson and the buyers and sellers with whom he or she

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If you are like most home buyers and sellers, chances are you’ll want a qualified real estate agent to help you through the process. Agents act as liaisons between buyers and sellers, and can bring valuable experience, expertise, local knowledge and negotiating skills to the table – all of which can save you effort, time

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There is not one design, style or size that embodies a luxury home. It could be a sprawling 15,000-square-foot French manor set on several rolling acres, or it could be a 4,000-square-foot contemporary home nestled into the side of a mountain. Although it’s difficult to quantify exactly what luxury means, most buyers think they know

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A reverse mortgage is a home loan that provides cash payments based on home equity. Homeowners normally “defer payment of the loan until they die, sell, or move out of the home.” Upon the death of homeowners, their heirs either give up ownership to the home or must refinance the home to purchase the title

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Most of the issues we find during our Home Inspections are electrical and plumbing. There should not be any open slot(s) in the electric panel.  A blank(s) should be installed for safety. Open slot found in Home Inspection Open slots on the bottom right side. Please be sure and get a Home Inspection prior to

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First of all, have your credit checked. Homebuyers to have their credit checked six months before buying a place to make sure their FICO score is where it needs to be. Know what you can afford. Realtors insist that prospective homebuyers “contact a lender and be pre-approved so they know the price of the house

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The peak homebuying season may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to attracting buyers, but what else can you do to get the offers rolling in? Here are 10 tips to help you

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You want to purchase a home. For most people that means getting a mortgage. This is not the time to let somebody else do the shopping for you. Here’s why: The terms you get can make a sizable difference in what you pay to borrow the same amount of money. On a $250,000 home, one-quarter

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Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other

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