Hopefully you are enjoying your holiday season. If you are looking for the best gift, you should consider purchasing an investment home. Whether you are paying cash or financing, you need to be sure you are financially comfortable with the costs, which can include closing costs. Be sure to have your credit check done for pre-approval. If you need a cosigner, be sure to have all the paperwork done in advance to alleviate a delay in the approval process.
When purchasing a new property, it’s good to know the market. What are houses selling for? What are the common costs for rent? Is the price going up or down? Answers to these common questions will help develop a timeframe of when you want to purchase the property. It’s always a good practice to create a timeline of when you want to purchase your new home and the steps it will take to be successful. If you’re a creative investor looking to expand your real estate portfolio. Contact Martin Law Group where we help creative investors close real estate deals.