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

By
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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Topic:
ActiveRain Community
Tags:
reasons to buy
top reasons to purchase real estate
buying tips for real estate

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Anonymous
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Rainer
338,470
Nor Yeretsian
Envoy Capitol Realty Inc., Brokerage Toronto
Envoy Capitol Realty Inc.

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

cheers

Nor Yeretsian

January 18, 2011 07:33 AM
Rainmaker
168,553
Larry Bergstrom
CNE, CRS, GRI
Crescent Realty, Inc. Spanaway, WA.

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
Rainmaker
692,982
Chuck Carstensen
Minnesota Real Estate Expert
RE/MAX Results

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

January 18, 2011 07:39 AM
Rainer
32,089
Jacquie Cliff
- Real Estate and Short Sale Expert
Champions Real Estate Services - Lynnwood, WA

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
Rainer
28,146
Leslie Glazier
Chicago Real Estate
@Properties

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
Anonymous
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Rainer
28,146

Leslie Glazier

Chicago Real Estate
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