real estate

trap,  catch
Scams are a reality of real estate. Whether buying, selling or renting property, here’s what to know about some of the sneakiest schemes:
For Rent sign in front of home
Counting the days until summer vacation, downsizing, or are the kids heading off to college? Count on attempted rental rip-offs, which have earned perennial placement on many Top Scam lists throughout this decade.
For Sale sign
Looking to buy or sell a home in the coming weeks (a period that’s expected to be the busiest real estate season in eight years)? If so, beware of a new impersonation scam that targets real estate agents and others involved in house closings — specifically, their clients.
House on money
Are you looking for income? One solution often pitched is private and non-traded REITs (real estate investment trusts). REITs raise money to buy income-producing real estate. In this low-yield environment, they are touted as having high yields and no market risk, and as alternatives to bonds.
Would you have grave concerns about buying a home near a cemetery?
The National Association of Realtors announced earlier this year that its Housing Affordability Index shows 2012 was a record year for housing affordability.  Subsequently, articles appeared in the media with titles such as " Housing Today Is More Affordable Than at Any Time in History" and " 2012 a Banner Year for Housing Affordability, Industry Group Says ." In addition, I've seen TV reports that continue to note how affordable housing has become.
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