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Old 03-25-2011, 05:48 AM   #1
keen77sail
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Default christian louboutin black patent -In this context

Property Buying - Know it Yourself for Making a Right Decision in 2010
In the current Real Estate market, many people are either in the process of identifying a property to buy or planning to buy one. Most of them, are a confused lot,lv handbags sale, not because they do not have access to right information, but for the overdose of it, rather a contradictory in nature.
Everyday you see an odd article in news paper portraying gloomy picture of property market and prices going south wards by 20%, 40% etc.. Banks taking over and acuting the properties of defaulters has been the news till recent time. Another day you see a news paper article presenting a different picture.
So, many first time real estate buyers are now asking is it a right time to buy a home or need to wait till some more correction to take place. Who's got guts to answer the question with a predictable number?.
Honestly,christian louboutin pigalle, it's difficult to predict a bottom in the down market, when the sentiment is coupled with already worrisome market, it becomes even more a serious challenging. The genuine buyers who are planning or want to take advantage of the lower market prices should not just get carried away by the price factor. One needs to accord top priority to the risk taking capacity.
Since no one is sure what is the right value of a property as it is a relative to market dynamics like supply and demand. Till now, there is no standard valuation method for Real Estate Assets.
In this context, the 5 Main factors that one should keep in mind while buying property in India or even trouble some markets like Hyderabad and AP real estate, or anywhere else in India..
1. Do you really need a property now, Do you want to invest or buy a home, investment can be delayed or even deferred.
2. Is my current rental expense + Tax Benefits outweigh the EMI that am going to pay, if yes then can plan right now.
3. Is the property ready to occupy or going to be completed in one month, if answer is no avoid those properties.
4. Do evaluate yourself the property either with the help of an unbiased adviser or family or friends to derive the right value, Rental Income, probability of value appreciation or depreciation, if later is more, than avoid that property. Also see that rental value going to cover your 50 to 60% of EMI.
5. Finally,ladies omega constellation, do not get carried away with discounts that builders throw at you, if one is quoting less than market rate of that locality( if seller is quoting 20 or 30% less than competition, then you can sense something fishy with that property or builder) Got to be careful, once seller quotes the rate see if the Land value + construction cost is reasonably accommodated, if someone desperately selling then mostly it got be from Individual seller not from dealer or developers. Developers do it at times, but there would be, for sure, a compromise on the quality aspect.
So keep these points in a checklist, you will perhaps end up with right property,christian louboutin black patent, and leave all your worries behind in the new year, 2010.
You can visit propertyDirect. in "ASK OUR EXPERT" Section and ask your questions and post enquiries for more tips on the property buying or selling in India. Written byFree Real Estate Property Listings Company in Hyderabad India |Hyderabad Real Estate News: propertydirect. in.
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