Whether you’re buying property or selling it, real estate is a big investment and a major step in ones life. For first time buyers there is nothing quite as satisfying then having your own home. Often when people buy or sell real estate, they get a real estate agent to manage all of the intricacies and affairs attached to buying zoning and legally changing the deed of the property. Some feel comfortable taking the risk of buying or selling real estate with out one. There are many real estate guides available and each are for specific regions as the laws can be varied drastically. Some real estate deals are massively expensive and for billions of dollars others are very inexpensive. None the less property ownership and value can make or break a community. It’s where we work, where we live, and for the majority of us the largest purchase we will make in our lives. In daily news the celebrities sales of mansions makes the real estate market seem exciting and glamorous. Yet with bad management of real estate we can see investors and nearly the entire United States economy fall to bad mortgages on houses that had overly high interest rates and were given to unqualified buyers. This harmed the industry and seems that instead of thinking of the actual transition of property, people now say real estate on the news as a sign of a risky investment and potentially dangerous mortgage.