50 facts about owning a home
Homeownership is one of the most important steps you’ll ever take. It often involves buying, selling, moving and financing. To make the best decision possible, you need to know the facts and work with a qualified sales professional.
Your GMAC Real Estate sales professional has effective and proven processes in place to help you find a home or sell your current residence.
The Home Buying System™ is a step-bystep approach that allows you to examine your housing and financing needs even before you start looking.
The exclusive Home Marketing System™ is a well-organized strategy that is designed specifically for home sellers. This process will help bring the right
buyers to your door — ultimately closing the deal.
General facts
FACT #1 Older homes appeal to many buyers, but newer homes may offer more for the money.
Newer homes are usually more energyefficient, easier to maintain and have better plumbing, wiring and mechanical systems. They have many features and accessories that aren't found in older homes — or which could be costly to install.
FACT #2 Young people are not priced out of the housing market.
Younger persons make up the vast majority of home buyers. The National Association of Realtors found the average age of first-time buyers to be 31 years.
FACT #3 Money isn’t the only thing to consider when buying a home.
A house is more than just a roof over your head. It creates a sense of stability and identity for you and your family. It offers privacy, independence and selfsufficiency — needs money alone can’t satisfy.
FACT #4 Homeownership can be a good investment opportunity.
Homeownership offers a combination of advantages not found in other investments: leverage, appreciation in value, financial security and the ability to use the investment (live in the home) while it ’s working for you.
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