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From Austin & Beverly: Over the past thirty years, we have bought and sold at least eight houses. We wish to tell you that you made the most recent sale of our home the best of all our experiences. There were several reasons for this: 1. You were always available, giving us your cell phone number and encouraging us to call with any questions. 2. You did your homework, giving us excellent advice on the pricing of our home. We interviewed several realtors and I was convinced that your valuation was based on appropriate comparables. 3. You helped us with advice on what was important to do to our home to make it more saleable, and you advised us against some expensive changes we were planning to make, telling us they were not worth the money. In short, everything we asked for, you provided. Beverly and I heartily recommend you to anyone seeking a realtor.
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Bargain Properties >Get Rich Quick with Real Estate
You see them on cable TV, sitting around a swimming pool, sharing stories about how they got rich quick by buying valuable real estate for give-away prices. They took a course on how to invest in real estate and became millionaires overnight--with nothing down and no credit hassles from mortgage lenders. The course worked for them, and they say it will work for you, too.
If all this sounds too good to be true--it is! These "get-rich-quick" courses and schemes are being investigated by consumer fraud agencies around the country. This does not mean that you can't become a millionaire by investing in real estate. But investing in real estate requires one important thing from you--an investment of cash. You can't build an empire overnight, but you can do very well over the long term by selecting property in a good location that is priced well, and which can provide a reasonable cash flow.
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| Q |
What economic factor can make the purchase of a home an excellent long-term investment?
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| A |
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
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