Features
Buying
investment property can be intimidating
in the beginning. Below you will find some pointers to help
you along the way.
Research
Use current research market data for investment property
and try to find others who have experience in the location
you are looking. Prices and opportunity can vary across the
country.
Agents
Find an agent who is looking out for you. Good agents
realize that your satisfaction will have a great return for
their own bottom line. Don't accept the first opportunity
but carefully compare properties, amenities, prices and
locations.
Financing
Look for a mortgage that suits your situation. In some cases
you can get 90% to 100% financing. Shop around for a
Mortgage Company.
Reserving your property
When you are convinced of the investment that is right for
you, request a reservation agreement from your agent. With
the agreement a deposit is required. The deposit can vary
from $5,000 up to 10% of the purchase price. In most cases
this can be refunded upon request until closing.
Oh, And one other thing! Don't
forget to shop around for
CONDO INSURANCE. |
