There are a number of key investment elements to consider when buying your home. Here you will find some of the most popular questions. Are the neighbouring sales higher or lower compared to the list property of the subject property?
2. SELLERS EQUITY
Does the seller have equity after the sale is complete?
3. COSMETIC APPEARANCE
Is there room for improvement in the appearance of the property?
4. CASH FLOW & CAP RATES
What kind of income can the property produce?
5. STRUCTURAL / ELECTRICAL / MECHANICAL CONDITION
Are these three areas sound?
6. LOCATION
How does it measure up to the best or most desirable location in the city, neighbourhood, street, or in the development?
7. DAYS ON MARKET
How much time has passed since it's been listed?
8. TAX ASSESSMENT
Is the tax value considerably high and how does it compare?
9. UNIQUE VALUE PROPOSITION
What makes the property special?
10. FUTURE DEVELOPMENT POTENTIAL
What is the highest and best use of the property?
For more information on the key investment elements, please contact Marco Pontillo.