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Buying a house involves several key steps. First, check your finances and get pre-approved for a mortgage to know how much you can afford. Next, find a real estate agent and start looking for homes that meet your needs. Once you find the right home, make an offer and negotiate the price. After your offer is accepted, schedule a home inspection and finalize your mortgage. Finally, close the deal by signing the paperwork and getting the keys to your new home.

Townhouses and condominiums (condos) are both popular housing options, but they differ in ownership and layout. With a townhouse, you own both the interior and the exterior of the unit, including the land it sits on. Condos, on the other hand, involve owning only the interior space, while the building and land are shared with other owners. Townhouses often have more privacy and space, while condos typically offer more amenities and require less maintenance.

Real estate investments come in several forms, including residential properties like houses and apartments, commercial spaces such as offices and retail stores, industrial properties like warehouses, and raw land for future development. Investors can also buy shares in Real Estate Investment Trusts (REITs) to earn from real estate without owning physical property. Each type offers different benefits and risks based on your investment goals.