You are the boss when working with a realtor you tell them what you want to offer for a property to purchase.

Friday, September 12, 2008

WHY BECOME A HOME OWNER

If you are one of the people that wanted to purchase a home in prior 2007 but because of the prices you were not able to afford it. NOW, is your time due to we are now in a buyers market(meaning you set the price not the seller). Purchasing real estate is the most effective way to secure your financial future due to the equity build up you receive in owning real estate. There is no other asset that will reward you for holding it as a long term investment. I bet if you talk to some of the elderly people working at WalMart they may tell you that their future income was in the stock market and when it fail so did their income. All the money put in the stock market is all yours, however in real estate you may put 3 to 20% downpayment and earn equity build up of 100 to 300%+ return. If you check with your parents who purchase property in the 80's and 90's who may have paid $30 to $100K for a property and in the 2000's sold or refinance that same property for $200 to $300K+. That is what equity build up mean, and that is how you plan for your future expenses for children education, retirement income, vacation funds, funds for other retirement planning benefits.

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