presentation tips to buying preselling properties
TRANSCRIPT
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TIPS TO BUYING
PRESELLING
PROPERTIES
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A developer that is generally well funded and has
reputation to protect is highly unlikely to default—and is
sure to deliver on its promise.
TIP #1
Choose Your Developer Wisely
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An advantage of having a large down-payment is that it
sends a signal to a bank that your finances are in order,
which increases your chance of getting approved for a
housing loan.
TIP #2
Get Yourself Finances Sorted Out
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Choose locations that are soon to become exciting business districts, even though these places are still 10 years away from that.
TIP #3
Choose Your Location Wisely
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Having a 5-year plan—or 10 if you can—is
the way to go. Buy-hold-sell is a great
formula for a sound real estate investment.
TIP #4
Think Long Term
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TIP #5
Make Sure You Have
Read the Contract
Not reading a contract in its entirety can cause you headache later on. So make sure to check so you won’t get disappointed.