It's simply a very basic question.
Do you want to build equity in the property that you live in, or would you rather allow your landlord to have that equity?
If you rent all you have are rent receipts, if you own you have value in the property and tax breaks.
cheers
2007-12-20 05:53:23
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answer #1
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answered by Perplexed 5
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yeah. I agree that that is vague. Are you selling, are you buying? What mentality are you looking for? What a buyer would look for or what you should look for? Need to be a tad clearer on that....
however, as someone looking for a house myself... my thoughts going into it are...
1. how is the foundation
2. is the yard big enough to put up an enclosed area for 2 small dogs
3. How is the basement? A lot of leaking problems?
4. How new is the house?
5. How many bathrooms, if only 1 bathroom, is it on the first floor or upstairs. THAT is a killer when it comes to a house.
if a house only has 1 bathroom on an upper level, its not desirable.
6. what are the sizes of the bedrooms
7. Closet space, closet space, closet space
8. the layout of a house is very important. If you still have things there, and its cluttered looking, it gives a bad first impression.
clutter can make big rooms look small, and dirt can make good rooms look like they'll take work to get up to standards, and thus will turn a buyer off.
So if that's the stuff you're looking for, hope that helped.
2007-12-20 13:53:55
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answer #2
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answered by Anonymous
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The most common denominator amongst first time home buyers is that the purchase of a home is the largest purchase of their lives and in doing so they are putting themselves in a debt like nothing they have seen before incensing a great deal of fear. This fear extends to others who have previously bought property in the sense of being unsure of the purchase process, since it isn't an every day occurrence, and getting screwed in some manner in the end. Even when everything goes smoothly the home buyer stress level is usually high because moving from one place to the next is stressful in of itself.
As far as their mentality upon which house they choose to buy, there is no objective answer.
2007-12-20 14:30:48
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answer #3
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answered by linkus86 7
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For the last few years, house and home sellers are reaping the advantage of growing real estate market. Due to constant increase in the property rates, the ball is in seller’s court to get the best of the emerging opportunities in real estate world. Much of this has been affected by the flexible interest rates.
As the money can be borrowed easily, the advantage can be resulted in better liduidity to the house and property market. With this available cash, house buyers are able to buy homes as never before... In addition, with this growing affordability of homes, and properties, options have increased at fair level. The result is house values across the country are soaring like never before, giving property owners a better chance to gain profit like they never had.
If we analyze the ongoing scenario, the property market is in favor of buyers. And as a buyer, you just need to carefully access the market to avail the true advantages of realestate for sale by owner.
2007-12-20 13:53:23
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answer #4
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answered by Anonymous
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the M of a Hb is a person that wants to settle-down, be routed, be secure in their job & community and just save money & take advantage of the taxes allowed him on their income for long term advantages.
2007-12-20 14:21:17
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answer #5
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answered by ticketoride04 5
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Usually none. Lately the motto seems to be "How much can I steal this house for, regardless of the ridiculousness of the offer". You need to clarify your question more.
2007-12-20 14:11:00
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answer #6
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answered by TX Realtor 2
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Millions and millions of people buy a home every year. They have different needs, desires, and mentalities.
2007-12-20 13:56:09
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answer #7
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answered by hottotrot1_usa 7
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In what way? Pretty vague question...
2007-12-20 13:47:56
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answer #8
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answered by C>/ 4
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