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Posted by Admin on April 27, 2015
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Buying a Property

Buying a Property

 BUYING YOUR PRIMARY PROPERTY

We understand that buying a property as your primary home is one of the biggest investments you are likely to make in your lifetime. Therefore, our agents make sure you seal the best home buying deal in town. Not only do we help you find your dream home in your desired neighborhood at a budget friendly price, but we also help fetch you the best value mortgage loan. Unlike others, we don’t work for commission by convincing you to choose a particular lender; we only work for your best interest.

The old real estate saying is “location, location, location.” But what exactly does that mean? Should you forgo other wants and desires in order to have the right location? Sort of… like most things real estate, the answer isn’t quite black and white. Though kitchens can be remodeled, bathrooms can be added, and additions can give you more square feet, location can never be changed. The busy street that runs in front of the house? Yes, that will most likely be there in twenty years. The train tracks that run behind the house? Yes, those will most likely be there in twenty years. The 7-Eleven next door? Yes, that will most likely be there in twenty years. The nuclear power plant across the street… you get the point. Just remember that making changes to a house can be expensive. But they can be done. The location is something you are going to have to deal with forever. My advice: If you are sure the house is a short term stop for you and your family (less the a few years), then location becomes less important. However, make sure you buy it at the right price, make sure that you are ok selling it for a minimal profit, and make sure that you are in a situation where you won’t have to sell it quick. If you plan on staying put in the house for a while, buy something that is in the right location. You can update the wall colors, update the flooring, and update the fixtures. But again, you can’t update the location.

BUYING INVESTMENT PROPERTY

When it comes to buying a property for investment purposes, as an investor, you need to be watchful of the market and the prevailing economic trends to ensure you buy an investment property in a hot market where there is a soaring demand for rentals.

At present, the US housing market is in an upward swing and is expected to surge higher in the coming years. This means this is the perfect time for investors to invest in real estate. However, in some states the real estate market is heating up faster and experiencing double digit growth. The factors behind the rapid growth include expanding job market and flexible loan terms. And this is exactly, why investors need to be watchful of the market. Having a sound understanding about the real estate market helps you make a profitable and an informed decision.

Nonetheless, if you are planning to buy an investment property but you don’t have a sound understanding of the market and don’t know which market has a soaring demand for rentals, then don’t you worry! Get in touch with Intempus Realty.

The perfect combination of our experience, expertise and profound real estate knowledge enables us to help you find and seal a profitable property investment deal. Our real estate agents have knowledge of the real estate markets across the US. This includes markets that are hotter than the other and which market has the rapidly growing demand for rentals.

Our agents first have a meeting with you to understand your investment goals and targets. We also learn about the kind of tenants you are looking to target. Keeping your investment objectives in mind, we help you find best investment properties for you to choose from. We make sure that you buy a property that has recreational, transport, medical and educational facilities in the surroundings; because these are the facilities that people look for when getting a rental property.

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