Questions

Want to list all issues to investigate How to make a decision if it's right for me

I am a 15 year real estate investor. I would recommend looking into the taxes to ensure they are up to date in assessment. Reason being if the taxes were not assessed for a period of years prior and you are purchasing the property at a higher price since you will likely see higher taxes coming post purchase. You should also get an appraisal extending out on a 2mile radius and assure yourself at least twenty percent equity in the property. I would also do a complete home inspection to prevent any repairs not factored in during price negotiations to be learned of after the purchase. Please feel free to contact me with any follow up questions you may have.


Answered 9 years ago

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