8 Real Estate Investment Tips for Women - Page 4

8 Real Estate Investment Tips for Women

By siliconindia   |   Tuesday, September 4, 2012   |    2 Comments

4) Have enough money for down payment?

Check if you have enough money for down payment when planning to invest in property. Usually, there is no set of limit for down payments; it depends on how much money you can manage from your pocket. As a single woman, you will have to pay from your single income which you need to be careful when making an investment. If you can pay more for down payment, the lesser loan you have to take from bank, resulting in shorter loan tenure. Try to keep aside sizeable amount for down payment before you finalize a deal.

5) Hiring a sincere broker:

Since you will be the only person investing in a property, it is always better to research before hiring a broker, to avoid future risks. When you approach a broker, it is better to ask for references, before you hire him. After getting reference details, you can cross check on those details to know the broker’s work and reputation in the market. Doing this will further help you to find a good broker who can find suitable property for you. Also, a broker has much additional knowledge about the property and the market as he is into this profession from long.

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