home investment

5 Things to consider before investing home

Although quite safe, investing in property is not without risk. There are a few things to note that your investment is secure and optimal profit.

Locations

Value or price of a plot of land and the speed of price increase is not the same in different places. Land in the city is not the same as in the village. Land in the city center, though in a “gang bumper”, is not the same as the land in the suburbs.

Land in an industrial area are also not the same as the area of ​​housing, and so forth. land prices rose fastest course is in the central business districts as much demand so it is relatively easy to be traded or illiquid. Because it is more expensive.

Dispute

Do not buy the land still unclear status or pledged to another party (eg a bank). Or the land is still in dispute in a court case because of some cases and others. Instead, the land was not purchased at risk because the risk of conflict in the future is huge.

Land documents

Make sure that the land purchased complete documents. Such as land certificate, Permit building, if there is a copy of the building have the blueprints of the building (blue print). Examine the data on land documents with the physical reality (land area, location, period of validity, etc.).

Assumptions return on investment

Good property investment is yag can provide income to you, either in the form of fixed income (from rents) and the potential price increase (the difference between buying and selling price). Calculate the number of return assumption of investment returns you can get from rising land prices in the area.

Cost

Return on investment will be reduced because of the costs, for example the cost of purchasing land, the annual United Nations, renovation or maintenance, electricity, telephone, cleaning, and more. Keep you could squeeze costs as low as possible as mentioned above.