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Buying real estate

What you should consider

The dream of owning your own home – many people would like nothing more than to finally be able to move into their own four walls. A property is a very important form of retirement security. In addition, it is a symbol of personal freedom and independence. These alone are strong motivations for people to no longer want to pay rent and be dependent on their landlord.

What happens if a notice of termination is suddenly served due to personal need? Or what if the rent is increased? These and other worries are a thing of the past for property owners. You can add on and rebuild whenever and however you like. Enjoy the freedom and make your dream of owning your own home a reality.

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Tip 1: Financing

Well thought-out financing is the be-all and end-all on the road to home ownership. A rule of thumb says that the real estate purchase price could be covered by at least 30 percent equity. You can cover the rest with a real estate loan from the bank of your choice. But don't forget to explore possible financial leeway and take advantage of government subsidies. Especially in the case of energy-efficient houses, you can secure attractive benefits in this regard. You can easily compare loans at Tarif Check

Tip 2: Where should your dream ouse be located?

Only when the financial framework is set should you start looking for a suitable location. The right location, the nature of the land and the development plan all play a key role in your real estate project. Therefore, take your time in the search and compare the incoming offers with a sharp eye.

Tip 3: Who will you work with?

When looking for suitable support, you should rely on professional partners. You can turn to experienced developers, architects or general contractors. Perhaps reputable prefabricated house producers are also a good choice? When choosing a provider, do not forgo reliable legal assistance. This way, you can have all possible contracts checked carefully and by an expert.

Tip 4: Which construction method do you prefer?

Do you want a solid house, a wooden house, or a prefabricated house? This depends not only on your personal taste, but also on the energy efficiency, the expected costs and the quality. Independent experts can help if you want to be on the safe side. Speaking of which, insurance coverage is also important. Before you start construction or buy a property, check whether you are optimally covered or whether you have an insurance policy.

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How to Invest in Real Estate

Unlike most traditional real estate books, this one won't tell you there is "one secret path" to real estate success. Instead, it is packed with more than forty real-life stories of how real estate investors are finding success in today's economy.

£18.12

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The Book on Negotiating Real Estate

Three expert investors and bestselling authors come together to show you how to get the best deals on all of your investment property.

£19.67

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