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Premium
Gated Community House Plots at
Mala . |
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45
Cents(Commercial) with 99 feet Highway frontage, Pallimukku, Ernakulam. |
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55
Cents(Commercial) with 130 feet NH 47 frontage, Vytilla,Ernakulam. |
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45
cents with 115 feet NH 47 frontage Kundanoor - Nettoor, Ernakulam. |
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42
Cents with 130 feet NH 47 frontage, Vytilla-Kundanoor, Ernakulam. |
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48
cents with 98 feet NH 47 frontage, Edappally - Vytilla,Ernakulam. |
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55
Cents(Commercial) with 130 feet NH 47 frontage, Vytilla,Ernakulam |
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45 cents with 100 feet NH 47 frontage on Edappally - Vytilla Road, Ernakulam. |
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117
cents with 120 feet NH 47 frontage Edappally - Vytilla Road , Ernakulam. |
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30
cents with 100 feet NH 47 frontage Aluva By Pass, Aluva. |
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5.0
/ 6.5 Cents House plot at Carmel, Aluva. |
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20
Cents House plot at Aluva. |
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33
Cents Commercial Land , 45 Mtrs NH-47 Frontage, Aluva. |
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22
Cents of land with house at Meloor , Chalakudy. |
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18.5
Cents House plot near SCMS Engg: College,Karukutty. |
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6.5
/ 8.5 Cents House plots at Udayamperur, Ernakulam. |
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08.00
Cents House plots - Near Cochin International Airport. |
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24
Cents - House plots at Nedumbaserry, Aluva. |
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5
Acres of Prime Land at Mala. |
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5
/ 6 / 10 / 12 Cents House plots at Kadungalloor, Aluva. |
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22
Acres - Coconut Estate with 4500 Sq Feet Farm House. |
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55
Cents Land 5 Kms from Cochin Airport - NH-47-Attani Junction.
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Houses
at various Locations in Aluva -Ranging from 20 Lakhs to 50 Lakhs
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Houses
in 4 - 10 Cents with 2-5 Bed rooms at Aluva. |
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Convert Your Single Family Home Into A Legal Multi Family Home
Will it really be legal?
It can't be done legally! I've heard it literally hundreds of
times, yet in my concrete cutting business, one that is crucial
in the conversion process, I have seen it done hundreds of
times. How you may ask? It's...
Home Buyer Beware – Know The Signs Of Real Estate Market Trouble
Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates. In some areas around...
How To Work With More Than One Real Estate Agent When Buying A Home
Many potential home buyers do not realize it, but it is perfectly legal and perfectly acceptable to work with more than just one real estate agent when shopping for a home. Working with more than one agent can have significant advantages, such as a...
The Money Pit
A dark legend in the world of real estate, the monster in the closet, the secret fear of all investors. Why do we do it? Why do we pour time and money, blood, sweat and tears, into a home renovation when the house turns out to be the equivalent...
The Secret To Marketing Your FSBO Home For Sale
You’re ready to put your home or land (house, townhouse, condo, apartment, farm, ranch, finished lot, raw land, etc.) on the market as a FSBO (for sale by owner). You’ve priced your property appropriately and gotten it ready to show. How are you...
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4 Simple Tests To Find Good Real Estate Investment Properties
You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property. It may need a good coat of paint, or a shutter straightened out, but it's easy to see that with a little work it could be a little gem of a property. Best of all, sprouting in the middle of the unkempt grass is a For Sale by Owner sign. It looks like the perfect fixer-upper, but how do you know for sure?
First, consider your reason for buying. If you're looking for a property to 'flip' - to buy low, fix up and sell for a profit - there are a number of things you'll want to take into consideration. If your intent is to buy it as rental property, there's a different set of consideration, and if you're looking for a home of your own, there's yet a third. Let's assume, for the sake of this article, that your intent is to flip the property for profit.
Test 1: The Neighborhood Test
Before you invest another hour, do yourself a favor and take stock of the surroundings. The old saying in the real estate business that the three factors in selling a home are 'location, location and location'. What is the location like? No matter how wonderful the property is, you'll have a difficult time selling it for top price in a bad neighborhood. That doesn't mean that it's a bad property - depending on how low a price you can bargain, you still may be able to make a decent profit from it.
Another consideration in the Neighborhood Test is a bit more subjective, and you'll have a feel for it if you're local and keep an ear to the ground. Is the neighborhood in transition? A neighborhood that is on the cusp of a renewal effort like gentrification can be a great place to invest, as long as the upward momentum continues. An area that is on the outskirts of new development will often benefit from that as well. If, on the other hand, the neighborhood shows signs of slipping into a decline, you might want to pass the property by. If you can see that the neighborhood is slipping, so will prospective buyers.
Are there 'amenities' nearby? Depending on the neighborhood and your prospective market, those amenities might include a neighborhood school with a good reputation, a corner store within walking distance, or a park right down the street. In one Massachusetts city, for example, the value of properties in a formerly depressed neighborhood skyrocketed when a local university announced a commitment to provide full tuition to the children of neighborhood residents, and provided additional incentives to home buyers within several blocks of their
campus. Investors who bought just before the announcement realized excellent turnaround on their investment.
Test 2: The Pricing Test
Is the home listed with a Realtor, or is it a FSBO? How realistic is the asking price? Is it in your price range? Can you work out a low or no-money-down financing option? How open to negotiation is the seller? Will you be able to realize a profit after making needed repairs?
Test 3: The Condition Test
This is one of the most important tests. The property you want to buy doesn't require any extensive, expensive repairs. It should be structurally sound, without any major plumbing or electrical problems. If you're just starting out, you'll want a property with repairs you can manage yourself - repainting, refinishing floors, a little landscaping. If the property requires more extensive repairs, it will cut into your profit, or eliminate it altogether.
When you view the property, really kick the tires. Look for indicators of hidden problems. Here are a few things to look for:
* Moisture stains on walls and ceilings could indicate plumbing problems
* Little piles of sawdust near corners or woodwork could mean termites.
* Separations between floor and wall, especially outer walls which could indicate structural problems.
* Lift tiles in suspended ceilings to examine the ceilings above for loose plaster, moisture stains and other indications of problems
Test 4: The Title Test
The final test is the title test. Be certain that the title to the property is clear, with no liens or attachments that could sour the sale. If there are, and you still want the property, work out a conditional sale, where your purchase is contingent upon the liens being satisfied.
If the property passes all of the above tests with flying colors, congratulate yourself. You've got yourself an investment property that could turn a pretty profit for you.
About the Author: Andrew is the web owner of "Home Buying and Home Selling Tips: How to buy and sell house fast", a website that provides informational guide on home buying, selling house, home mortgage loan and more. You can visit his website at: http://www.buy-and-sell-house-fast.com/. This article may be freely distributed if this resource box stays attached.
Source: www.isnare.com
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