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education

Debunking the “instant equity” myth

Q: If I buy a home that previously sold for more than $400,000, but I pay only around $200,000, doesn’t that mean I have instant equity? A: In a word? No. Here’s the deal. In real estate, we think of…

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How to sell a share in your home

This is an interesting question and we wanted to share the information from MarketWatch with you… WASHINGTON (MarketWatch) — Question: I’m buying a townhouse worth about $230,000 in Southern California. I’ve been out of work for a year now and…

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