The Dual Nature of Real Property

Posted by admin on May 20th, 2009 — Posted in Your money and your world

If you have a stable job and a family to protect and nourish, then you’re tied to the real estate industry no matter what. This is because your home itself is part of the industry. When you want to sell your house, you’re bound to approach the market once again for a cheaper replacement home.

All these institutions are interconnected, and there’s no real way to save you from the inter-connectedness. The old adage of location is everything no longer works. Instead, stick to your budget. Don’t let the real estate agents trick you into taking out loans for a house on the best places on the state. Chances are, these locations are too expensive, and that’s why agents are desperate to sell them even to people who can’t afford them.

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