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Showing posts with the label online commercial property appraisal

Real Estate Values: In an Era of Pandemic Pandemonium

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  Since Covid-19 began, real estate experts have seen major changes in business and execution of contracts. At present, some cities and states have  paused transactions for real estate . Apart from that, market prices are being monitored as there is a difference in views as to how real estate pricing will fare during the pandemic. Some are expecting a downturn, while others feel that there will be minimal effects on  how commercial real estate is priced  down the line. With that said, this is how Enriched Real Estate views the movement of real estate values in the era of the pandemic. How Real Estate Reacts to Major Financial Fallouts In the Covid-19 era, how can we understand “value” to make wise investment decisions both now and in the future? Will those decisions be based on the “old paradigm” or the new, unknown post Covid-19 paradigm? Following are material factors to consider: Real estate experts around the world are attempting to understand the impact Covid-19...

Five Real Estate Investing Mistakes Beginners Should Absolutely Avoid

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  When you have decided to invest in real estate for the first time. You should research the real estate article and news. It is helpful to get an idea about real estate investment to avoid minor and major mistakes. Here are some top points to beware of and avoid. Overpaying Taking Shortcuts On Due Diligence Doing Everything on Your Own Knowing Your Objectives Applying For Poor Financing Overpaying      This is a major mistake all the people are doing. Falling in love with a property and blindly paying too much for it. When buyers should think the property has their needs and wants before overpaying for the property. Find out whether your investment has a too high price tag, then start comparing the similar houses in the area that have sold in recent times. Try to avoid overpaying the property worth. Because it may take some years to recoup your investment. Just look at the prices of comparable property on real estate databases or even in the local newspape...