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You can follow some easy tips to become a top notch real estate investorBY: DrRitu | Category: Finance | Post Date: 2009-12-22
The best advice that can be given to any real estate investor is to buy the property a person who in interested in selling his property. There are many people who own multiple houses and due to some financial needs, would like to sell their house to meet their requirement. There are some sellers who own multiple properties but is not interested to sell their property now. If you meet the later and is interested to buy their property, then probably it will be a very hard bargain for you to get that property at a reasonable price. The people who are not willing to sell or have not made up their mind to sell are the toughest people to deal with. They will talk to you like they have nothing to loose, they may even show you their attitude of -take it leave it- kind of thing. So the advice is to avoid such people. But if you have met the former, a persons who has a good property and wants to sell it, provides the ideal condition to make a deal. This deal will be more like a give and take deal than -take it or forget it- type of transaction. Know the important of a house. For a bachelor or for a newly married man a house next to a multiplex, shopping mall, or a big retail store will prove to be very attractive. For a family having small baby will prefer a house close to a good play school, garden, lawns etc. The requirement of the family changes as the children ages and the standard of living starts playing a bigger role. Such families with Childers either in high school or college will prefer a house with a lift, parking facility, generator back-up, club, swimming pool etc. Important is to observe and not the strong points of any property before buying it. These strong points will act as a yard stick when you will decide to sell the same property. You will clearly know that what type of family will prefer your property. You can focus your attention in convincing that particular family then trying on everyone. Never let a needy seller escape A needy seller will most likely give you better discounts than any body else. If the seller is not in hurry or in urgency he will waste your time is dirty bargain and eventually say no to all you have to offer. Track a potential needy seller and do everything to make a deal with him. Your deal will always be more smooth and discounted than with others. Physically see the property before putting money on it Your physical presence will give you more feedbacks than you will ever receive form your advisor, friend or a trader. It is your money and your property; give it some time and attention before you actually decide to put your hard earned money in the same. Meeting the neighbors and talking to the owners in person will give you more insights to buy a real good property. Follow two golden rules Never say good words or utter remarks (good or bad) when you are reviewing the property. This is golden rule number one. You shall never utter the price of the house before listening to the price that the owner has in his mind. Evaluate and estimate from you r experience, but never be the first one to speak the price out. Article Source: http://www.writearticles.org About Author / Additional Info: Additional Articles: * What To Do In Seattle On a Three Day Trip * A Primer to Making Money in the Stock Market * Cheap Printer Cartridges Are Coming of Age - How To Save Money on 'Must Have' Printer In * God of 22nd century * Four Great Place To Spend Christmas Does this article violate or infringe on your copyright ? It is a violation of our terms for authors to submit content which they did not write and claim it as their own. If this article infringes on your copyrights, then use our Contact us form with the detailed proof of infringement along with the offending article's title, URL and writer name. If you do not hear back from us then contact us again in another 10 days. Thank you. Comments on this article: (0 comments so far) * Additional comments are now closed for this article *
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