1 out of 5 Top Reasons it's a Great Time to Buy Real Estate!

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Real Estate Agent with @Properties
Ownership: It's not the monetary reason, maybe not even a rational one, but it's most definitely an emotional experience to purchase your own little corner of the world. No longer tied to the rules and decisions of a landlord or fret about whether or not your lease will get renewed. You've got pride in knowing you've got a home of your own to make memories with your family and friends and begin building wealth.
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Rainer
354,595
Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

Thanks Leslie, it all sounds good especially memories and wealth.

cheers

Nor Yeretsian

January 18, 2011 07:33 AM #1
Rainmaker
168,565
Larry Bergstrom
Crescent Realty, Inc. Spanaway, WA. - Spanaway, WA
CNE, CRS, GRI

Leslie, we often forget that there are so many people in the world that will never be able to experience home ownership.  We should be grateful.

January 18, 2011 07:36 AM #2
Rainmaker
719,145
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

And in a lot of areas the starter type of home is cheaper then paying the rent.

January 18, 2011 07:39 AM #3
Rainer
32,489
Jacquie Cliff
Champions Real Estate Services - Lynnwood, WA - Lynnwood, WA
- Real Estate and Short Sale Expert

For most people right now I think that is a major motivation!  Without big gains in appreciation, or even still falling prices, it is the benefits that owning a property that are driving people to purchase homes.

January 18, 2011 09:04 AM #4
Rainer
28,146
Leslie Glazier
@Properties - Chicago, IL
Chicago Real Estate

In Chicago, The landlord pays the broker's commission, but in some area, like NYC, the tenant must come up with first month's rent, one month's security deposit (or more) and the agent's fee.  This may be equal to closing costs!

January 20, 2011 09:37 AM #5
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Rainer
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Leslie Glazier

Chicago Real Estate
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