If you want to buy a home and maximize your profits, avoid buying in an area that is undergoing heavy residential development. The ready availability of homes in the area can actually hurt property values; especially for existing homes; due to the simple laws of supply and demand.
If a home buyer could buy a new home for the same price or less than an existing home, many home buyers would opt for the new home. Avoid buying in an area that is undergoing heavy residential development, unless commercial development is also likely to occur and render the location more desirable.
Put your newfound knowledge into practice and find the perfect home to invest in your future! Fill out one of our Creative Homeowner Solution Requests to get an opportunity to get not only your dream home, but a home that could provide for your kids’ college educations, the upgrades you want to make to the home in ten years or even your retirement!
Larry Potter
http://budurl.com/nn8h
www.ATicketToWealth.com
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