Owning a home is the original American dream. Its the old frontier spirit, wanting to claim your own tuft of the New World. Then again, these days it also makes perfect economic sense. Experts estimate that all of the homes in the United States alone are worth a combined $14 trillion. That goes a long way to explain why a housing boom has been sweeping the globe.
Where there is a boom, though, there may be a bust. Read any headline from your local newspaper, and youll see headlines such as Bye-Bye, Housing Boom to Housing Boom is Leveling Off. Some economic forecasters predict a bubble that may be about to burst. They make you wonder: am I missing the boat?
Whether youre looking to cash in on this real estate bubble before it popsor simply wanting to move to a bigger home or move across the countryselling your home can be more a nightmare than a dream. Not only do you have to find and trust a real estate agent. You need to prep your home for open houses. You need to haggle with prospective buyers. Not to mention, you have to worry about the moving and selling of all of your valuables.
Its almost enough to make you want to live in one home for the rest of...