What do i look for in a home i m buying now if i want to resell it later

That’s a good question! You want to purchase a home that will give you a good resell value later on. To do this, look at the type of home you’re planning to purchase that may be attractive to future buyers. When you’re looking to purchase a home, check to see if some or all of these features are offered: 1. Location of the home. Is the home located in a good neighborhood that is close to schools, stores, freeways, etc... 2. Check the crime rate for the area you’re thinking about purchasing in. What are the crime rate statistics. Is the neighborhood safe? 3. Is there anticipated growth for the areas such as: new schools, stores, future planned homes, etc... How will this affect you in the future? 4. Try to make sure the square footage of your home is at least 1200, in order to increase the likelihood of being able to resell. 5. Look for homes that have at least three bedrooms as part of your prospective home purchase. This will be helpful in reselling your home in the future. 6. You may want to look at whether or not the home should have one or two stories. Most people purchasing homes are interested in two stories. However, the elderly or individuals with certain disabilities may want to purchase a home that is a single story. 7. If the home you’re thinking about purchasing has a pool, keep in mind this may limit the number of prospective buyers if you decide to sell your home. Pools don’t necessarily add much value to the home and can be expensive to maintain! 8. You may want to consider having a garage which can accommodate a minimum of two cars. This is usually an attractive and expected feature for buyers. 9. The number of bathrooms is also important. Getting a home with at minimum of two bathrooms is a must when purchasing a home for future resell. 10. Make sure the home you’re considering has a fireplace, air conditioning and heating system. When you purchase a home, just think of being able to get a good return on your investment if you had to resell. In most cases at a bare minimum you want to get the money you have invested in your home out of it, if you had to sell for some reason. It’s even better if you can make a profit on you sale isn’t it? I thought so, just be wise when you’re purchasing your home, it’s an investment in your future!

Invest early to make your dreams come true

When looking for high quality vacation rentals, or a permanent home in an exotic location, pre-construction is often the way to go. What is pre-construction? Well, it means a home or condo that is still in the planning stages, but hasn't yet been built. The buyer purchases the home from the developer or builder-owner. But how do you decide what to buy if it doesn't exist yet? Easy! The builder will have detailed blueprints for you to look over, as well as, usually, a model of the building. This gives potential buyers a pretty good idea of what they are getting into. There may even be already built structures that are very similar to the one you are considering. This will give you an idea of the builders quality. But even if you can't see an actual building, buying pre-construction is quite reliable as long as the builder is. Do a bit of research to find out what they have done in the past. If possible, talk to an owner of something else they have built to asses their level of satisfaction. If that isn't possible, a qualified agent will usually be quite familiar with local builders. A qualified agent can also help you sort out the legal details. For one, be sure to get written and signed documentation stating when the structure will be completed, and what exactly will be included. Find out if there is a home warranty, and what exactly it includes. Be sure there is an "out" for you if the construction is greatly delayed or if the finished product isn't what you understood it to be. One of the great things about pre-construction is the price. Because they haven't yet realized their full potential, pre-construction real estate is often priced quite a bit lower than what it will be in the future. You, as a buyer, know that the property can only go up in value. After all, the home built will be brand new. As long as plenty of research has been done into the location, the builder, and the type of home, ensuring that it is an emerging market and not a declining one, you can't go wrong with pre-construction.

Buying property in spain glossary

: Buying Property in Spain Although any expatriate intending to buy property in Spain would be advised to use the professional services of an estate agent and a translator and must legalise the transaction before a Public Notary, the following glossary of terms commonly used either to describe properties in Spain or during the transaction process is a useful aid for non-Spanish speakers. Abogado - Lawyer Actos Juridicos Documentados (AJD) - Stamp duty Adosado - Semi-detached house Agencia Inmobiliaria - Estate Agent Agencia Tributaria - Tax office A. P.I. (Agente de la Propiedad Inmobiliaria) - Officially licensed estate agent Aire acondicionado - Air conditioning Aparcamiento - Parking Apartamento - Apartment Arras - Small payment given to the seller to guarantee that the property transaction will be completed within an agreed time limit. Asesor Fiscal - Financial Advisor Aval - Loan underwriter Ayuntamiento - Town hall Balcуn - Balcony Baсo - Bath/WC Caja de Ahorros - Savings bank Calefacciуn central - Central heating Campo - Countryside Casita - Cottage Chalet - Villa Cocina - Kitchen Comedor - Dining room Compra - Buying Compra-Venta - Promise to Purchase Contract Comunidad de propietarios - Comunity of property owners Constructor - Builder Copia Simple - Copy of the Mortgage Deeds Cuarto de Baсo - Bathroom Cuotas de comunidad - Community fees Cuenta de Banco - Bank account Documento privado - Private document Documento pъblico - Public document Dormitorio - Bedroom Ducha - Shower Duplex - Apartment over two floors Edificio - Building Escritura - Deeds of ownership Finca - Farm house or small estate Garaje - Garage Habitaciуn - Room Hacienda - Tax office Hipoteca - Mortgage I. B.I Rates Inmobiliaria/agente - Estate agent IVA - VAT Jardнn - Garden Ladrillo - Brick Libre de cargas - Debt free Licencia de obra - Building permission Licencia de Ocupaciуn - License to occupy a property Metros cuadrados - Square metres N. I.E. - Identity Number for Foreigners Notario - Notary Records legal documents and transactions Nota Simple - Certificate from Land Registry Obra nueva - Document certifying a new building Oferta vinculante - Bank document specifying mortgage conditions Pago en efectivo - Cash payment Parcela - Lot or plot Piscina - Swimming pool Piso - Apartment Plan Parcial - Town hall plan for building plots Playa - Beach Plusvalнa - Municipal Capital gains tax on sale of property Poder - Power of Attorney Prйstamo - Loan Pueblo - Town or village Registro de la Propiedad - Land Registry Representante fiscal - Foreigner's official tax representative Residencia - Residency permit Residente - Resident Sala, salon - Lounge Se vende - For sale Se alquila - For Rent Solar - Lot for building Solana - Utility Room Sуtano - Basement Tarjeta de Banco - Bank card Techo - Roof Teja - Roof tile Terraza - Terrace Terreno - Land plot Tipo de interйs - Interest rate Tнtulo de propiedad - Property ownership deeds Trastero - Storeroom Venta - Selling Vista de mar - Sea view