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CH17: Investing in Real Estate and Other Investment. – a firm that pools investors funds and invests them in real estate or uses them to make construction or mortgage loans participation certificate (PC) an equity investment in a pool of mortgages that have been purchased by a government agency, such as Ginnie Mae
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The Warren Report: March 2010 – Utilities: After years of living in rentals, where basic utilities such as garbage, heating, water and sewer often are included in the rent, monthly utility bills can come as a shock to first-time homebuyers. Your real-estate agent should be able to get an estimate of the monthly costs from the current owners, but even that price is subject to change.