Steve Schneeberger
Edina Realty
3930 West 49 1/2 Street
Richfield, MN, 55423
Office: 952-915-7997
Cell: 612-581-7313

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Here are some frequently cited reasons for buying a house:
* You need a tax break. The mortgage interest deduction can make home ownership very appealing.
* You are not counting on price appreciation in the short term.
* You can afford the monthly payments.
* You plan to stay in the house long enough for the appreciation to cover your transaction costs. The costs of buying and selling a home include real estate commissions, lender fees and closing costs that can amount to more than 10 percent of the sales price.
* You prefer to be an owner rather than a renter.
* You can handle the maintenance expenses and headaches.
* You are not greatly concerned by dips in home values.





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Last Updated ( Monday, 27 November 2006 )
 
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