Financial maven Suze Orman was a featured speaker at the Century21 Convention. A few of her words of wisdom:
Although housing is an investment commodity such as stocks or oil, you cannot live in a stock certificate or a barrel of oil.
If you purchased a home for $100,000 and put $20,000 (20%) down, and the home increases in value by 4% (typical per year), you really earned 20% on your investment of $20,000.
Call me at 631 226-5995 x 208, if you need that explained to you.
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