Investment In Real Estate For Long-Term Inflation
Monday, February 8th, 2010An investment in real estate will most likely benefit the buyer from long-term inflation. If you have a home you may have profited simply by holding onto it and keeping it in good condition over the years. You must continue to protect that profit, however. Should you intend to unload the property - the old homestead one of these days, don’t let it fall into disrepair and run down condition for a real estate broker to market.
What your neighbors think of your lawn is what your prospective buyer will think of it. When selling a house you must think like a buyer - think like a retailer where everything is neat, tidy and in good working order. Let your house deteriorate a five thousand dollars worth and you’ll find yourself lowering your sale price by 2 to 3 times that much. (If on the other hand you keep the house right up to snuff with all the latest improvements and decorations, you can get much more than even the appraiser will give for it!)