Why Do You Buy A House Essay - 2251 Words

If you are looking to buy a house, now would be a great time to buy! I am sure you have heard that saying from somewhere or another, fact of the matter is, it still stands true. The market is over crowded with foreclosures and short sales, and predictions are that many more are to come. If you have the capital to start investing in real estate, it is still not too late. However, there are a few things that you as the investor need to take care of before jumping in head first. If you have bought a house or rented one in your entire life, you have performed a business deal in real estate. It is however a different game when you are trying to make a profit in it. The good news: you really don t need a degree or any professional education in the field of real estate to make money. To be honest, I am not a real estate professional myself, however, I got into investing into real estate last year and the thought came into my mind to pass on the knowledge and my advice throughout all that I have learned so far. I firmly believe in the saying, learn from other people s mistakes so you don t have to go through them yourself. 1. Planning It is always essential to plan something out before you start it. You wouldn t go on a road trip before planning for it, right? The same goes for investing in real estate. Planning helps you cover all your bases, but more importantly it will give you an accurate picture of where you are, where you want to be, and how you will get there. In yourShow MoreRelatedWhy Can t I Buy A House? Los Angeles? You Do Not Make Enough Money?1703 Words   |  7 PagesWhy can’t I buy a house in Los Angeles? You do not make enough money. Why can’t I find a job? You did not attend a high ranked school. Why did I drop out of high school? Your parents were a negative influence. Why am I fat? You maintain an unhealthy diet and fail to exercise. All answers to the questions above seem simple enough; however, following are the same questions with alternate responses: Why can’t I buy a house in Los Angeles? You cannot afford to buy a house in L.A. on the minimum wageRead MoreA Simple Mathematical Model Of The Underlying Economics1514 Words   |  7 PagesThe current crisis is catalyzing an array of responses, including searching for causes, reworking regulations, scapegoating and a massive capital injection. Without a clear understanding of the cause, the remedies may do more harm than good, innocents may be scapegoated, and valuable progress in financial tools may be lost. Worse, it will happen again. From a simple mathematical model of the underlying economics, I first predicted this crisis in July of 2004. Economic dynamic relating very low interestRead MoreEssay On How To Sell Your Home1018 Words   |  5 PagesDo you need to sell your home in Dallas Fort Woth, TX fast? Do you need urgent cash and have no one to buy your house? If you want to urgently sell your home in Dallas,TX and Fortworth,TX, then we are p repared to give you the cash that you desparately need. Do not get frustrated by how your home has been unwanted for long.We buy all kinds of homes no matter their condition,size or even shape. It does not matter whether the home is inhabitable or needs urgent repairs that you are unable to do, weRead MoreReal Estate Agents And Economists1454 Words   |  6 Pagesthey tend to see periods of low interest rates as the very best time to buy a home for just about everyone. Do your best to ignore the low rate hype. Sure, it s better to get a low rate mortgage than a high rate one, but mortgage rates should never be the primary reason driving you to buy a house. It s even possible that chasing low rates can cause you to lose money. How in the world can that possibly happen? Buying Before You re Ready to Settle In For the Long Haul It doesn t matter how lowRead MoreValue Vs. Value Of Property978 Words   |  4 Pagesvalue of home.The real value of a condo/house is set by the buyer, seller and of course- the market, which is most important. It is also important to know that so called appraised value, based on avg value of property in the same area is not real value of the house. Obviously, the true value is exactly what the property sells for. You can see half a million dollar house in Ooltewah as well as in Hixson or Soddy Daisy in the market, but you can see some FHA houses under $100k in the closest neighborhoodRead MoreInterview Questions1637 Words   |  7 Pages6 Other than age, what qualities or events do you think define an adult? Taking care of your house (paying bills, buying, groceries etc†¦) and doing what you want to do with your life without caring what other people think of you. 7 How old were you when you first moved out of your parents’ home for longer than four months? I still live at home 8 If the interviewee still lives at home, ask: a. What is the reason you live at home with your parents? Well I still live at home with my mom becauseRead MoreWhat All Things Would You Rent?860 Words   |  4 Pagesall things would you rent? You might rent a house? A car? A suit? A boat? Vacation houses on the beach? All of these things could be paid for in full by the time you pay for the rent. For instance, if you have rented a dress for prom for $150 and the next year you decided to buy a dress that looked way better and was made better. The fabric was even better quality and it was $100. You can always look for better prices somewhere else, but I think you should rent-to-own things that you will be using aRead MoreWhy Americans Consume So Much More Than We Need? Essay1402 Words   |  6 PagesDeirdre Mc Dermott Professor Reinschmidt SOCI 312-01 17 November 2016 Tiny House Movement Why Americans consume so much more than we need? Simply, because America is a consumption based society. Maslow has a theory about the Hierarchy of needs. Arguing that a relatively fixed and universal hierarchy of needs. The hierarchy starts off with lower needs which include food, shelter and clothing. Next in the hierarchal ladder are basic needs, which would include the feeling of being safe and havingRead MoreReasons Why The Crash Of Wall Street Happened1066 Words   |  5 PagesThis paper will talk about the various reasons why the crash of Wall Street happened; such as the credit boom, buying on margin, and irrational exuberance. Also, mismatch between production and consumption, and the weaknesses of the banking system. The many reasons why the Great Depression occurred but the main ones are from the uneven distribution of income, loss of export sales, and mistakes by the Federal Reserve. This paper will also give examples on how the economic problems in 1929 were similarR ead MoreThe Night I Learned That Money Can Not Buy Happiness906 Words   |  4 Pagesâ€Å"That Was the Night I learned that Money can Not Buy Happiness† Ten years ago. One night I meet my friends at a coffee shop which we spend our time there weekly. It was a high-class coffee shop and expensive. Most of people there were rich. My friends are rich, so they do not care about spending their money for anything because their parents will give them more. I am from Middle class family and I collect all my money for the week to spend it with them at the coffee shop in the weekend. When I