Are Real Estate Investors Naughty?
Let's say your house worth $400,000 and your equity is $60,000. Let's pretend you work with a real estate agent who charges the customary 6% commission. Even is your home sells for its value, you'll end up paying the agent 24,000. There goes 40% of one's equity. There goes an amazing chunk of real, income that can not be recouped.Not all markets fo