Why has homeownership built so much wealth? Leverage. You control a large asset with a small down payment, and appreciation works on the whole value. Here is how the framework works, and where it can backfire.
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Pre-foreclosures, short sales and auction homes can be real opportunities, but the ads leave out the hard part: competition, risk and complexity. Here is what to know before you chase a discount.
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Owning a home can combine housing, forced savings, leverage and appreciation in one payment. But renting is not throwing money away. Here is how to tell which builds more wealth for you.
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