Purchasing a plot of land can be one of the best investments to make. A landowner has great (but not unlimited) freedom in how to develop their plot, and land never expires so its potential is essentially infinite. That said, buying undeveloped or vacant land can be risky business, so read on to find tips on purchasing a plot. Do Your Homework: Before You Get Onto The Land Before anything else happens, figure out your priorities. Decide what you want the land for, what amenities and what … [Read more...]
Thinking about a ‘Fixer Upper’? Understanding the Balance Between Purchase and Reno Costs
Fixer uppers can come with huge price benefits and opportunity, as well as problems. Make sure you understand what you're getting yourself into before you purchase a home that needs significant restoration. Carefully Calculate Do the math very carefully before jumping in. Add up the expected renovation costs based on a thorough evaluation of the property. As some of the expected costs will lie within a grey area, it is important that you base your estimation on the higher end of the price range. … [Read more...]
Evaluating Neighborhoods: 4 Things to Consider Before Purchasing a Home
From finding the right agent to discovering the home you can truly feel comfortable in, there are a variety of things involved in the home buying process. However, it's important not to get caught up in the home and ignore altogether the community you'll be living in. If you're planning a move to a new neighborhood, here are some things you should look into before putting in an offer. Local Amenities A peaceful, picturesque community is ideal, but if there are not a lot of resources nearby for … [Read more...]
Did You Know?: 4 Ways That a Real Estate Attorney Can Make Your Home Purchase Easier
It is common for home buyers to take steps to keep their out-of-pocket expenses to a minimum, and many will try to avoid paying for optional services for this reason. While you may not want to pay for all optional services, there are some that can be truly beneficial to you even if they are not required. After learning more about the services provided to you by a real estate attorney, you may be ready to seek out these professional legal services for your upcoming purchase. Explaining the … [Read more...]
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