A buddy recently told me the story of an elderly couple who offered their 2,700-sq. ft. house through a "friendly realty representative" on the exact same day the property was noted. The home cost $279,000 firm, which was the asking cost. The kicker is that comparable houses in the neighbourhood offered for upwards of $100,000 more. This advised me

In realty, you get money from both the operation of the property (likewise called a "dividend") and a 2nd time when you sell it, and it's worth has increased due to increasing rents (referred to as "capital appreciation"). This is in contrast to most other financial investments such as rare-earth elements and non-dividend paying stocks, in which yo

Let's state your house is worth $400,000 and your equity is $60,000. Let's state you employ a genuine estate agent who charges the traditional 6% commission. Even is your house sells for its value, you'll end up paying the agent 24,000. There goes 40% of your equity. There goes a substantial portion of genuine, tough cash that can not be recouped.T

We typically travel outside our hometown to hear the 'specialists' speak about what's going on in genuine estate, offer updates on the Canadian market and to stay on top of our business. Last Monday night, the specialist concerned us. Don Campbell spoke at the month-to-month conference at OREIO, and gave us some insight into the relatively turmoil

We typically take a trip outside our hometown to hear the 'experts' speak about what's going on in realty, offer updates on the Canadian market and to stay on top of our company. Last Monday evening, the professional came to us. Don Campbell spoke at the monthly meeting at OREIO, and provided us some insight into the seemingly turmoil world of prop