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Problem Definition Is the documentary land commercialize changeless profuse for a place obtain at this period? The real estate market for housing has been in a quagmire because the economy has taken a turn for the worse and the drop of many mortgage companies and the increase rate of foreclosure. A consumer considers many aspects before adventuring out into the real estate market to purchase a family unit. How some(prenominal) forget the home cost? The consumer tin enquiry what area he or she wants to live in, how a lot depart the home cost, a new home, previous give home or a foreclosure, what type of home (condo, mastermind family home, duplex or townhouse) and how many bedrooms or bathrooms? What amenities does he or she want in the home, a garage, pool, pool, patio, or a big back yard? How far away will he or she is away from the job, how are there well-favored schools in the area, near a shopping center, etc. A home is everyones dream but is everyone rea dy for the obligation of purchasing a home?

Consumers will do inquiry by public lecture to friends, looking at the news, see websites on homes, looking at the mortgage rates, books of homes, television, visiting antithetic locations, and talking to real estate agent. Based on the real estate data, is a new home, previously owned home or a foreclosure a good investment at the live time? What is the value of the home, what will the resale value be? leave behind this investment give him or her come apart quality of deportment by buying a home? Many of these findings subscribe to be research to obtain a quant itative decision is establish on data numbe! rs and a qualitative decision has to be made based on selective information received.If you want to get a full essay, order it on our website: OrderCustomPaper.com

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