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Home Energy Efficiency Key To Battling Climate Change

Home energy efficiency is the act of reducing the wasted energy used in houses. This could involve a building survey on a property in order to...

on Mar 24, 2017

Can I Clean My Home’s Air Ducts Myself?

As a DIYer we love to save money and do things just like the pros do. So what about HVAC systems? Is it possible to clean your own air ducts,...

on Mar 24, 2017

Tips for Excellent and Cost-Saving Home Repairs and Glass Works

When was the last time you did major repairs to the house you spend most of your days in? You know that prevention is better than cure, right? So,...

on Mar 21, 2017

Top Things You Should Prepare Before a Big Remodeling Project

Starting a home remodeling project is always exciting. You have a new design in mind and you are eager to get the project started. You have a team...

on Mar 16, 2017

How Large can I Build a Structure in my Backyard?

If you are really asking how big you can build without having to worry about permits and paperwork, that is a different issue than having an...

on Mar 16, 2017

Millionaires become Millionaires not by Saving Money, but by Investing in Real Estate

by Guest on Aug 15, 2014

Before you decided to a home purchase, you will have to determine your grounds for buying a property at the first thought. There are only 2 types of reasons for having a residential property: It's either buying for your own stay or investment. There is a deviation between purchasing a house to live in versus buying one for investment.

Basics Features of Real Estate

  1. The long term nature of brick and mortar - Real Estate are build with the purpose to go through ages
  2. The ever increasing cost of materials - price of raw materials set to increase due to rapid growth of growing countries
  3. Increasing Labour Costs - Labour is also expected to maintain pace with inflation, thus increasing the price of real estate as time goes by
  4. Rising price of land - Over time, the cost of land will go up, This is especially so for land in grown district and business hubs that can drive the prices many fold

Before You Buy, Consider Why?

If you intend to live in it yourself, your main concern is size, location and your budget. For example, if you're single, it is logical to purchase a small studio condo. Purchase when you're a newly married, you and your mate might consider for a average sized condominium that you can afford with your combined remunerations. If you plan to have more and are making enough money, you may want a bigger apartment with a more bedrooms.

If you're purchasing a apartment as an investment, your main interest is the rental yield that the property can yield for you. You do not really have to worry about whether you will be comfortable in your purchase; alternatively, you will have to find interested tenants or buyers that ready to meet your price.

Article submitted by http://www.propertyreview.sg

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Guest

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