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7 Myths About Real Estate Investing That Are Costing You Tens Of Thousands Of Dollars
Did you know that real estate investing has created more millionaires that ALL other industries combined? The question, then, is why are more people not invested in real estate? Even with the increased awareness in real estate investing, more people...
Assessing The Unique Features Of Commercial Real Estate Parcels
As commercial real estate development progresses into the 21st century, many of the principles upon which the market was founded remain the same. Whether you are a property owner, developer, or commercial real estate agent, identifying and marketing...
Descriptive Terms In Real Estate Ads – Yet More Definitions
If you are buying or selling a home, the chances are good you struggle with the meaning of descriptive real estate terms. Here are explanations and definitions for more terms.
“Plantation Shutters”
Refers to interior shutters with large,...
Real Estate Investing: Infomercial, Tax Sales And Mentoring Scams
Flipping through late-night infomercials recently, I saw two real estate get-rich quick schemes, and I couldn't help but wonder why people still fall for those old scams? Has anyone really talked a seller out of his home for no money down with owner...
Spring Into Action: Home Maintenance
Spring has sprung! Even more important than buds, birds, and bees, spring brings buyers! When buyers are looking for a place to nest, they would really rather not see problems. As it turns out, nearly every home inspected has problems or...
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Buy The Right Property - Don’t Get Misled
We human beings have lot of aspirations and dreams in life which we want to fulfill in this small life. In the list of dreams what usually tops the list is the wish to have a beautiful house. Yes we all at some point in our life desires to own a house and design it the way we want. So why not to give some time to your biggest ever dream. Home buying is not an easy task. One really goes through a lot of turmoil during this property dealing process. But all is worth if results are satisfying. The right real estate professional can help you make good business decisions based on your personal circumstances.
• Your first step in this real estate deal is to investigate as this is the mistake most of the buyers do, they don’t investigate. So as now you know then don’t commit this mistake. Check for CC&R’s, Rules and Regulation and Association Fees.
• Don’t go too fast or too slow for property purchase. Don’t even jump to first home you see, at least see 5-8 properties before going for the final deal. With the help of your real estate agent you can see as many properties as you feel.
• The right team is a must to succeed in the property deal. So
choose the right lender and agent.
• Don’t get influenced by the furnishings and the decorations of the property. Let the owner’s furniture left to him only. Think of a vacant property.
• Discuss frankly your income and living expenses with your real estate professional so that he judge your requirement and can help you better for that suitable purchase. Keep your future responsibilities in proper consideration including children, services and other expenses.
• Before you sigh the final deal check all the expenses and costs involved. Check for the insurance, taxes, other home owner dues.
• Check for all the general utilities like electricity, security, water, gas.
• All the promises made by the owner in the dealing process should be in writing. Don’t go for verbal promises as they have no significance.
About the Author: For any further information: http://www.propertyvertical.com
Source: www.isnare.com
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