Purchasing real estate property

[joy101]

Real estate is very good investment buying a property in real estate I like buy in urban where I can make good money, because buying from urban is very good.

 

[Senator]

I will always check it out and see if the documents of the real estate property is authentic and certified. If they are, I will go about checking out the topography of the entire environment where the building is situated also

 

[justija]

First of all I check on the location and do proper investigation by my team , interviewing the neighborhood to really know more about the seller so I don't fall into being dupe

Post automatically merged: Sep 9, 2021

First thing I did check on is my funds and my balance or my networth , if am not capable of purchasing a house in a urban I move stright to the rural town after all it's human living

 

[Kubiat-Abasi]

Before you purchase a real estate property, try to get valid documents such as; certificate of occupancy and right of ownership. Also try to check the topography of the property and the building fixtures to prevent haphazard occurrences. The urban settlement would be preferable because of access to basic and social amenities.

 

[Mayox25]

Getting a property is dependent on individual taste and choices. There are those who love the urban area and there are those who wants to be close to nature and settle down in rural place so as to engage in farming like crop or livestock farming.

 

[Good-Person]

Let's say for example you want to buy a real estate property, what the things you look out for or factors you consider before going all-in to purchasing a real estate property. Also which part of town would you like to settle down would you prefer an urban area or rural area?.

The big problem with investing in real estate property business is that you would need to wait for a really long time when it comes to selling off your property because you may find it hard to find customer quickly. many people have had this sort of issue many times while conducting business.

 

[kayode10]

I would like to know the cost of mortgage on the real estate property I want to buy. This will help me to determine if I am going to make passive income from the rent and be able to pay back the mortgage.

 

[Smiles20]

The first thing I look in real estate properties is my ability to make money from it. I will also prefer to create my real estate properties in the urban area because that is where people that can easily afford it stay .

 

[Trexxxy]

The big problem with investing in real estate property business is that you would need to wait for a really long time when it comes to selling off your property because you may find it hard to find customer quickly. many people have had this sort of issue many times while conducting business.

No you don't need to wait a really long time to sell your property. There is always a buyer, if you are able to channel your marketing in the right direction, you will sell. I know a real estate agency that sold 6 houses in a week.

 

[Syldan]

To purchase any property as an individual or even an organisation you must have to consider your financial strength, the location of the property and also what kind of benefits will you derive from the property you have use so much resources to purchase.

 

[Lämmchen]

The old phrase is "location, location, location". That's very important to consider when purchasing real estate property because is the area in a financial decline and you might lose money or is it up and coming and possibly worth the risk?

If the property has a house there are many things to consider such as is in in a flood zone or area where there are hurricanes? Does it have the proper ways to remain safe in bad weather (basement for tornadoes, hurricane shutters, trees far from the home to prevent fires from spreading)?

Then you need to get an inspection done on the home for termites, water samples, besides finding out what will need to be replaced. You don't want to think you're getting a good deal if you need to replace the hvac, water tank, roof and windows all at once.

If you have children then look at the school system ratings because you want the best for your babies!

There are many things to consider when looking at real estate and some of those things can be subjective but a lot are also common sense.

 

[Kaffyfolla]

These are the factors to be considered in purchasing real estate

• Understand Your Monthly Costs.
• Keep Your Eye on Interest Rates.
• Commute Times Are Key.
• Get Educated about Local Schools.
• Check Out Local Community Life.
• Take Noise Levels into Account.
• Get an Experienced Real Estate 'Advocate'
• Enjoy the Home Buying Process.

 

[Toyoabasi]

Let's say for example you want to buy a real estate property, what the things you look out for or factors you consider before going all-in to purchasing a real estate property. Also which part of town would you like to settle down would you prefer an urban area or rural area?.

If the property I want to purchase is for a residence, then I would prefer it in an urban area, where I can gain access to basic amenities.
If I want to purchase it for business, then I would prefer a rural area that has the tendency for development.

 

[YERUS]

Let's say for example you want to buy a real estate property, what the things you look out for or factors you consider before going all-in to purchasing a real estate property. Also which part of town would you like to settle down would you prefer an urban area or rural area?.

Before going all in to purchasing a real estate property, i would consider the amount of money i have for such business. I would also consider the location where the property is, and also get to know all about the property to avoid being scammed. I would like to get a property in an urban area.

 

[Trexxxy]

The old phrase is "location, location, location". That's very important to consider when purchasing real estate property because is the area in a financial decline and you might lose money or is it up and coming and possibly worth the risk?

If the property has a house there are many things to consider such as is in a flood zone or an area where there are hurricanes? Does it have the proper ways to remain safe in bad weather (basement for tornadoes, hurricane shutters, trees far from the home to prevent fires from spreading)?

Then you need to get an inspection done on the home for termites, water samples, besides finding out what will need to be replaced. You don't want to think you're getting a good deal if you need to replace the hHVAC water tank, roof and windows all at once.

If you have children then look at the school system ratings because you want the best for your babies!

There are many things to consider when looking at real estate and some of those things can be subjective but a lot is also common sense.

I agree you have made solid points, sometimes the crime rate of the area could also be a factor, schools within the vicinity as well are all very important factors.

 

[HayKay]

For me in purchasing any real estate property with the kind of knowledge I have now, I'll check if the property has legitimate deed of ownership to avoid conflict later.
I'll really love to own property in the rural area though because of the potential it holds.

 

[Ezekiel]

When purchasing a real estate property the first thing I consider is reason for selling of the property,and I also check if it is a legal property

 

[Good-Person]

There are many kind of areas in my city. There are many people who live in poor neighborhoods because they cannot afford to purchase houses in sophisticated areas. It entirely depends on your budget and range.

 

[Immilash]

Before I buy a real estate property I first need to know how much i have at hand and how much will it cost me to buy the property. This are the major things you need to know before you buy any property.

 

[Smiles20]

Whenever I want to buy a real estate property are usually do this in an urban area because that is where the richest population are residing and there is a greater tendency I will be able to make money from it.