Clara Colon La Casa Finder
Date Published: 2021-11-16
It is important to know where to buy, the area and its benefits. However, to select the right location it is necessary to know the budget we have. As a Real Estate Agent, I can assist you in every step of the way during the selection of the area.
As a first point to take into account, it is essential to know what you want the property for: To live, to rent or as an investment?
PROPERTIES FOR INVESTMENT and PROPERTIES FOR RENT
If your thing is to invest and you want a property that will pay off, then we suggest you be flexible with the selection of the location. Your main motivation should be focused on the protection of your capital and how to make it grow. Choose your target market, that is, to whom you want to rent the property: students, new families, established families, singles, etc. Then select areas where such market is located. It is also important to take into account the statistics of changes in property prices in the area, to know if you could generate profits once you decide to sell it in the future.
MAIN HOME OR VACATION PROPERTY
It is important that the safety and comfort of your family be the main goal in this decision, so you should take into account the following variables before selecting the area where to buy:
Among the possibilities for buying properties there are mainly the following: a) Properties that are not new, b) Properties that are brand new or less than 6 months after completion of construction, c) Properties in pre-construction or new developments.
When we talk about short sale, we refer to your property sale for less than what you owe on your mortgage. This kind of sales are made when the owner needs to pay off their mortgage debt ...
There are some terms and conditions that you need to know before buying a property in plans or in pre-construction, in other to avoid looking bad when signing the contract…