The DO NOT's of Buying Real EstatePosted by Joel Gwillim on
It seems we're always focused on the do's in life. And why wouldn't we? Positivity is king, and such a powerful tool in a healthy and flourishing lifestyle. But let's take a moment and focus on the do not's, as they can be just as important. Here are a few tips on what not to do, when purchasing real estate:
- Don't buy because it looks nice furnished. It might be set up in a way to wow you, but when it is vacant and empty on move-in day, will you still love it?
- Don't buy without researching the neighborhood or building. What's the history and reputation of the area? In due time, what is getting built next door?
- Don't buy thinking an auction/foreclosure is always a great deal. Typically a very risky play, fancy yourself a gambler?
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