Tuesday, September 4, 2007

Real Estate

Hi,

Everyone knows how difficult life has turned around lately, when it comes to holding real estate, and other real estate investments. First, we have to be optimistic about the future. It is true that financial trends changed from time to time, and this is not a different market. It is always good to consult with a real estate agent, before you launch yourself into putting your house for sale. All of us know by now that many people are losing their homes, and others are too scared to even ask for help, but do not be afraid, real estate agents are there to help. They want to work for you. Each agent has the duty to put your interest first. It is better to let somebody help you than loose your most precious asset, your home.

Even thought, personally, I believe that your home is not an asset, since I considered it a liability. The reason? The house payment takes away money from your disposable income, so for me it is a liability. The house would be an asset, if it puts money in your pocket or it gives you a positive cash flow. But, we still need a house to live in, so I still agree on owning a house.



I intend this blog to be informative, fun, and helpful. Your comments are appreciated.

P.S. remember, if you need legal advise, please contact a licensed attorney in whatever area you need help.

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