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Two Important Factors To Consider Before Buying A Property
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[QUOTE="Kendy, post: 224659, member: 63869"] As a potential buyer, before purchasing a land, there are some factors which should be put into prior consideration. The location matters a lot because it could either be profitable or become a loss. A location which is characterized with high level of terrorism and insecurity would not be profitable to buy a land. There is no body who would intentionally agree to live in such areas which is prone to attacks no matter how cheap the property could be. Terrorism and insecurity have made many investors loose their properties to vandalisation and incessant attacks. Before purchasing a land or any property, you should be able to ascertain that the location is risk-free. It might not be easy to foresee or foreshadow the future to know if there will be chaos or not, but at the moment, you should not rush into buying any properties in a risk related area no matter the cheap cost. Secondly, before purchasing a property, the development of the place should be known. Buying lands in interior rural areas should be more profitable for farming or agricultural activities than for residential areas. If lands are being purchased in sub-rural areas, it would be more ascertained that within a short period of time, development would take place. [/QUOTE]
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Two Important Factors To Consider Before Buying A Property
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