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For those who are considering making the move from renter to homeowner, Ramsey Solutions money expert George Kamel recommended first asking a few key questions to determine whether you're ...
Neither of these, however, are good reasons to take the purchasing plunge. "It's so important not to romanticize home-buying," says Bree Al-Rashid, a managing broker for Redfin who's based in Seattle.
Renting versus buying a home isn’t just a matter of ownership. It can be a lifestyle choice as much as a financial one: Renting means you’re not tied down with any long-term responsibilities.
A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.
Questions to ask a Realtor when buying: Bottom line Your Realtor’s job is to be your guide through the homebuying process. They will help you navigate the various steps involved.
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4 factors to consider before buying a home. Buying a home will inevitably affect your retirement years. Weigh these key factors to get a sense of what to look for in a new house or condo. 1. Lifestyle
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