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Real estate
Two Important Factors To Consider Before Buying A Property
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[QUOTE="Rachael, post: 224819, member: 68963"] When I purchase a land, the first factor I normally consider is the topography of the land. The topography of a land matters to me because any land I purchase, I need it for agricultural activities and the topography would determine how profitable the venture would be. The location of the land is also very important because I would not purchase a land which is porous in nature. My aunt made a purchase for a land and after making the necessary findings and authenticating the documents, with a couple of months, a location that had never witnessed insecurity was not coaxed with terrorist, it became their dwelling abode and made everyone flee with immediacy. This means that, no matter how profitable real estate investment could be, even after making the necessary assessment, it still has some risks related. Invariably, the investment diminished instead of appreciating and it was so difficult to find buyers, even as it stands, there is no one willing to purchase it for even half the price it was bought by my Aunt. I consider the rate or level of development that is ongoing or that would surface in the future. There are some locations that might take another decade before it is developed and this will not be profitable if I happen to purchase such property. [/QUOTE]
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Two Important Factors To Consider Before Buying A Property
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