Real Estate Investment Tips by Tonja Demoff (1)

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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.