Download - Joseph Armato - Property Buying Tips
Tips for Property Buying
By Joseph Armato
• As vaguely hinted at, buyers should concentrate
on whether buying is affordable and the right
decision long term. Concentrate on the bigger
picture: financial security.
• Work out the true cost of buying as purchasing
property usually costs more than you think. Also,
always consider costs of moving from your
present place to the new property as part of your
calculations (if a house is what you are buying).
• Find out how much you are able to borrow prior
to looking and when looking at properties,
always look in your budget. If not, you will
always be disappointed.
• Peruse the area you are purchasing property in,
question the locals or neighborhood watch
coordinator if one is available.
• Before putting in an offer ask as many questions as
possible. Even if you do not get a truthful answer you
can probably sense their discomfort when they do
answer.
• Take pictures when looking at properties. They are
a useful reference point when making a decision.
• View the property during the day to get a
feel of what the area is like at different
times during the day.
• Have a list of deal breakers and go
through it with each property
• Find areas where sellers drop prices.
• Consider the property’s resale potential
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