Investing in real estate can be a path to wealth, whether you’re buying a home to live in or purchasing an income property. Or it can be a horrible boondoggle that saps your savings and cracks your nest egg.
Even if you get a great deal when you purchase a home, you can blow it later by making a poor sale. Sometimes you’re better off staying away from real estate altogether and simply continuing to rent. Knowing the tricks of the trade can go a long way toward making sure your next real estate transaction is a smart one.

Time Your Sale for Maximum Earnings — or Savings

Real estate prices are vulnerable to seasonal fluctuations, so good timing can increase sellers’ profits or result in considerable savings for buyers. A recent Zillow survey found that buyers who hold off purchasing until late summer are likely to find good selections and lower sale prices.

Sellers, on the other hand, do best in the spring, when fewer active listings mean more competition for available homes — and higher prices… Read more… (on CNBC.Com) >>>