1) How much will a second home cost? Besides sale price, you should factor in mortgage, property taxes, insurance, utilities and maintenance fees—and some of those expenses are probably higher than you think—plus up to 1.25 percent of the purchase price to cover annual maintenance and unexpected repairs. You’ll also need to budget 20 percent…

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“There are many ways to build wealth in America, but real estate might be the safest, steadiest and simplest way to do so.” Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also…

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Appraisals that come in below the agreed-upon purchase price can kill a sale. Having a response plan can save you from losing out on all the hard work you’ve undertaken to find your dream home. Why does the appraisal matter? Mortgage lenders will only fund transactions up to a certain percentage of the appraised value…

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