Real Estate Investment Tips by Tonja Demoff

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Real Estate Investment Tips by Tonja Demoff

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Tonja Demoff Certified Real Estate Agent .Whether you are buying or selling a property, you want to get good returns. Here are some real estate tips to determine which property is worthy of your investment: – PowerPoint PPT presentation

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Title: Real Estate Investment Tips by Tonja Demoff


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Real Estate Investment Tips by Tonja Demoff
  • Tonja Demoff Certified Real Estate Agent .Whether
    you are buying or selling a property, you want to
    get good returns. Here are some real estate tips
    to determine which property is worthy of your
    invest.
  • Tip 1 Study local price trends.

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  • You should start with the current price trends in
    the area where you are about to purchase a
    property. Is the price of homes accelerating
    faster compared to other areas? How does the
    average home price differ from neighbouring
    towns? This knowledge is very important in order
    to buy properties at the lowest price possible.
    Your best source for recent sale prices could be
    local newspaper, the internet, realtors, and real
    estate agents, by Tonja Demoff.
  • Tip 2 Look for signs of growth.
  • It is profitable to invest in a growing
    community. If you spot new developments, this
    means that a property will be desirable in the
    future. Are there new schools, roads, shopping
    centres or other infrastructures being built in
    the area? You can take a drive and explore the
    place to know all these things. You may want to
    visit town hall to get an idea of the major
    projects which are about to begin in the area.
  • Tip 3 Know your tax alternatives.
  • Normally low property taxes will be more in
    demand. If you are not sure about tax structures,
    you can seek advice from your trusted agent.
    Another option is to visit the local tax assessor
    and ask how much the tax charge is. Be prepared
    especially if the town is eyeing to accommodate
    people. Property taxes may go up as there will be
    reassessment in the future.
  • Tip 4 Check rankings of schools in the area.
  • Good schools are desirable to parents as they can
    provide their children quality education. This is
    a big selling point to property buyers. It is for
    this reason that most investors should look for
    schools that are moving up the rank. You can
    check some education website to find out how the
    school in your prospective area is performing.
    Alternatively, you can visit the school to get
    needed information.

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Tip 5 Watch areas in close proximity to major
cities and towns. Properties near major cities
and towns will soon be in demand. Watch the
outskirts. The areas where transportation is
accessible are even more desirable and would
likely to increase their value over time. Know
the market and make money in real estate. You can
have a profitable real estate investment if you
apply the above mentioned tips. To know more
about Tonja Demoff please click here.
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