Wednesday, 31 August 2011

Buyers tips for a safe investment in the US Real Estate

-Selection: One of the most important things to ensure when buying a property its that its not one of a hundred similar properties out there. At the time or rent or sell this will be a big plus. You also need to consider what American like. We like to be close to the city to commute less but they appreciate there to be out of the city and enjoy the peace and quit. 
- Financial Analysis- Ensure you have full understanding of the out goings of the property and keep a good record of everything that goes outs and comes in.
- Negotiation: Note that negotiation in different countries is different.
- Conveyancing: Ensuring you have full knowledge of the laws around property transactions.
- Property Managers: Being so far away from your property this is a key point so make sure that you know and trust your property Manager.  See the next blog with questions to ask when selecting a Property Manager.
- Do your own due diligence: do not trust completely on your agent for your due diligence, at the end of the day its going to be your property if there is a problem arising.

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