When you are purchasing a property, whether a townhouse or single family home, you need a Realtor that specializes in that area. You will want your Realtor to evaluate the community where you are considering your purchase. If you’re looking to buy a property for investment purposes, you will want to know the rental rates in the area and how long it takes to find tenants. If you are purchasing a home for your family, be sure you know the statistics of the neighborhood. For example, the foreclosure rates and owner occupancy rates will be important. These factors can impact your loan options.
Recommended Posts