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| When is It Better to Rent Than to Buy?When is It Better to Rent Than to Buy? John and Rachel have been renting their current home for years. Their accountant recommends that they buy a home because they can use the tax break. The IRS allows homeowners to write off the amount of interest paid on their home mortgage on mortgage amounts up to $1,000,000. Other restrictions apply,... |
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| Why Do Home Sales Fall Apart?Why Do Home Sales Fall Apart? In heated real estate markets, buyer's remorse tends to be the leading reason home sales collapse. Nervous buyers, after they're told they got the house, have second thoughts and back out. Imagine this. A hot new listing hits the market. The owner has prepared the home for sale: it shows beautifully. The owner |
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| Why Should I Consider Resale When I Buy?Why Should I Consider Resale When I Buy? When home prices are rising, and housing is in high demand, it's usually easy to sell a house. In a hot market, buyers tend to pay less attention to a home's resale potential because they're sure re-selling won't be a problem. They are also more willing to make compromises. However, when the real... |
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