Six Real Estate Investing Guidelines For Rookies

• What does the future hold? While you likely don’t have a crystal ball, you will get an idea of what the future holds by doing all your research. Will public transit be increasing? Are there incentives to draw new companies? Is there a growth driver, such as an exodus from a nearby city space?

A land contract outlines an agreement for the purchase of land between a buyer and a seller. Relying on the phrases between the parties, a contract will commonly include a purchase order price and a closing date. If the purchaser does not buy by the closing date, any earnest money deposit may be saved by the seller.

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