Your 24 Point Property Checklist

Dated: 09/30/2019

Views: 77

My 24-Point Property Checklist

Sellers, you can determine if there are more positives than negatives for the property and to see if it checks all the boxes when it comes time to sell after you have bought your real estate investment.

Someone wise once said that you don’t make money when you sell: you make money by buying wisely. I have compiled a list of 24 things you should consider when buying – the more items that get a positive check, the better investment you make!

Here are the points to consider:

Property Location

In-Demand Schools Nearby

Shopping Nearby

Area’s Economic Strength

Supply and Demand of Housing in Area

Large Buyer Pool for Property when Selling

High-Demand Neighborhood

Neighborhood Condition

Neighborhood Growth

Appreciation Potential

Transit Nearby

Major Development Coming to Area

Crime Analysis

Potential for Natural Disasters

Financial Fit

Tax Benefits

Property Repair and Maintenance

Number of Bedrooms

Number of Bathrooms

General Floorplan

Kitchen Configuration and Features

Flex Spaces

Lot Boundaries, Borders, and Lot Size

HOA

It would be unusual for a property to rank positively for all 24 of these items. In fact, we have to balance our wants and needs with the price we are willing to pay for a property as buyers, and know these factors all are taken into consideration when time to sell. It might be interesting to start by analyzing your current property. If you would like to create an honest assessment of your property related to these items, I would be happy to help. Call anytime to get some help with your purchase, and have a great week!

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