CHAPTER 1 Introduction
The largest investment and wealth-maker for most Americans is their home. Over time, with diligent maintenance and discerning modest improvements, our homes usually increase in value approximately $19,000 per year every year so that it eventually is worth several times over the initial cost of the home to a new buyer. That makes selling a home the single largest, most complex transaction a person will ever undertake. Whether your home is a single-family residence, duplex, multi- family dwelling, townhome, or condominium selling it to someone else requires knowledge, experience, perseverance, and timing. to occupy, use for vacations, or for rental income— It involves new terms and concepts, financial acumen, and larger figures than most people will typically have used.
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