Real Estate Investment Ideas
February 3, 2024
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Let's say yourr home is worth $400,000 too equity is $60,000. Let's say you hire a realtor who charges the customary 6% commission. Even is your home sells for its value, you'll wind up paying the agent 24,000. There goes 40% of your equity. There goes a significant slice of real, hard cash that cannot be recouped. Well, when the housing market drops houses depreciate in value. This depreciation lowers the value of homes. The further the drop the cheaper the properties. Real estate market mar...