Eight basic tips to successfully buy a House during 2017

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With the beginning of year, the initiated opening of access to credit by banks and the real estate market in the process of normalization will not be few Spaniards who have been set the goal of buying property in the next 12 months, whether your first purchase, as replacement or as investment.

To this purpose, Alpha real estate network has picked up the main eight recommendations to make a proper real estate purchase, We are talking of housing, premises or properties for rent.

  1. Discuss the options with the greatest capacity of revaluation. “Our recommendation”, said Jesús Duque, Vice President of Alpha real estate, “It's just, If the housing is intended for investment, or if we are talking about a commercial, analyze the growth prospects in the most modern and dynamic of the city areas”.
  2. Carry out a comprehensive study to find the best credit that offers the market. The current moment offers very favorable for the buyer mortgage conditions.
  3. The monthly fee on your mortgage may not exceed the 40% net income of the family unit. However, keep in mind that, expanding Strip prices slightly to analyze, you could find a much better home, that in the long run it will be more comfortable and profitable in all directions.
  4. If you opt for a home to live, or to monetize through rentals, Perhaps the buyer is more interested in a property of second hand in the center of a city. In this case, buying a home to reform can count on interesting advantages. The possibility of designing your custom home, It is possible to achieve higher sales in its final price.
  5. The location is key at the time of investing properly. Whether it's to live, for rent, factors such as the existence of public transport, green areas, close to shops and schools remain always upward their investment.
  6. If the intention is to buy for rent, the correct option is invest in the same place in which it resides. Otherwise, any change of tenant or possible breakdown will be spending significantly more on transfers or hiring staff that can assist you in repair.
  7. Properly analyze, In addition to the final price of your home, the expenses of community. If these are very high, or are they divided between very few neighbors, You must incur some monthly payments that significantly more expensive your investment or make your investment less profitable.
  8. The decisions, at the time, but no hurry: It is so important to objectively know the market before you make a decision, How to give a quick response when the occasion arises. Rush, or let pass the opportunity, you will be ruined with a good investment opportunity.

Read more: http://www.elmundo.es/economia/2017/01/04/586bc721e2704e1a488b4657.html

 

 

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