What is a Real estate?
It is also called as Real property. Land and anything permanently affixed to the land, such as building, fences and those things attached to the buildings, such as light fixtures, plumbing and heating fixtures, or other such items that would be personal property if not attached.

A portion of the earth's surface extending downward to the center to the earth and upward into space, including all things permanently attached thereto by nature or man and all legal rights therein.

Real Estate is a very large sector of the economy that encompasses many jobs. There are over 5 million people employed in some sort of real estate field. Some of these fields are title insurance, construction, mortgage banking, property management, appraisals, brokerage and leasing, and development.

One-third of the world's wealth is tied up in real estate. Real estate is used for collateral for mortgages and a large amount of financial assets. It is a very challenging and rewarding career to pursue for those interested. Real estate is a very large sector of the economy that encompasses many jobs.

Real estate investing can be a very profitable way of investing. Real estate investing has created more million investors than any other type of investing. It is a very popular way to invest for those who can afford it because it allows investors to hedge against inflation. There are also possible tax deductions and exclusions involved with real estate investing. It is also very possible for the price of the real estate to increase dramatically.

There are some risks to consider as well, such as the principal could be at risk. Low-liquidity can also be a problem at the asking price. Zoning laws and environmental issues can have an economic effect on your real estate investments as well.

The “buy and hold” technique refers to buying real estate and renting it to tenants, either residentially or commercially. This can refer to homes, land, or business property. There are both advantages and disadvantages to owning rental properties. Advantages include having constant cash flow and collateral.

Disadvantages include, but are not limited to, property taxes, maintenance and the uncertainty of tenants. Rental properties are probably not the best route for beginning real estate investors or for the cash poor. However, rental properties can be a very lucrative venture for those in the right circumstance.

The “buy and sell” technique of real estate investing refers to buying and selling property for a profit. This may mean buying a piece of real estate for a “good deal” and in-turn selling it for a small profit with no investment other than time; or it may mean buying a piece of property, investing in improvements and re-selling for a larger profit. The timing of this technique depends on the market, the profit margin wanted and the initial investment. Many believe that with low interest rates, this method is both the easiest and most lucrative way to begin real estate investing.

There are many facets of real estate investment and it is extremely important to be familiar with the real estate market and how it works and changes in order to be successful. There are many, many sources available to anyone interested in learning to invest in the real estate market. Like all areas of investing there are no certainties with real estate. It is important to know that even with the best of intentions, all of an investment could be lost.

Before buying a house keep in your mind the following :

  • The first person you consult about buying a home is a real estate agent or broker. Although real estate brokers provide helpful advice on many aspects of home buying, they may serve the interests of the seller, and not your interests as the buyer. The most common practice is for the seller to hire the broker to find someone who will be willing to buy the home on terms and conditions that are acceptable to the seller. Therefore, the real estate broker you are dealing with may also represent the seller. However, you can hire your own real estate broker, known as a buyer’s broker, to represent your interests. Also, in some states, agents and brokers are allowed to represent both buyer and seller.
  • Sometimes, the real estate broker will offer to help you obtain a mortgage loan. He or she may also recommend that you deal with a particular lender, title company, attorney or settlement / closing agent. You are not required to follow the real estate broker’s recommendation. You should compare the costs and services offered by other providers with those recommended by the real estate broker.
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