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buying a home used to be an investment, however now that house prices have become more unpredictable and there is less confidence in wealth, this is more difficult to asses.
As a general trend in the U.K houses in high end areas are still a good investment, such as Chelsea.
However houses in low end areas, such as the north, are a "waste of money" as there is a lack of demand and a surplus in supply. Houses prices in these areas have fallen by 16% in recent times
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∙ 11y ago
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What are the pros and cons and steps to follow when buying a new home for cash?
I'm not sure I understand the question. Do you mean the pros and cons of buying a home WITH cash? Or do you mean buying a home FOR cash, ie for investment purposes?
What are the advantages of buying a foreclosed home?
You could buy foreclosed home below market value, ranging from 10%-50%. With this you could save a lot of money and if you decide to sell your newly purchased property you will have huge returns from your investment.
What best explains why buying a single-family home in a city is a good investment?
Housing prices in cities generally increase more quickly than anywhere else.
What happens when sheriff pays more than what is owed at sale?
money will go to the person buying the home
What are home investment loans used for?
Home investment loans are used for people wishing to purchase property for investment. Home investment loans are mortgages on properties that will be used as rental property or held until their value increases.
What is a good Alternative Investment?
One of a good investment is buying a house. When you are buying a house for a affordable price, you can add things to make your home more profitable and you can raise the equity on your home.
What housing decisions provides a person with housing and an investment?
Buying a single-family home is a decision made that is also (hopefully) an investment.
What are the pros and cons and steps to follow when buying a new home for cash?
I'm not sure I understand the question. Do you mean the pros and cons of buying a home WITH cash? Or do you mean buying a home FOR cash, ie for investment purposes?
A home phone is not necessary and a waste of money with cell phone technology.?
A home phone is not necessary and a waste of money with cell phone technology.
What is a alternative good?
One of a good investment is buying a house. When you are buying a house for a affordable price, you can add things to make your home more profitable and you can raise the equity on your home.
Where can someone find the value of a mobile home?
Home shows will give you a range of different mobile homes and prices that are out there for you to choose from. You have to think about if it is worth buying as it can be expensive and you will want to make the most of it so that it is not a waste of money.
What are the advantages of buying a foreclosed home?
You could buy foreclosed home below market value, ranging from 10%-50%. With this you could save a lot of money and if you decide to sell your newly purchased property you will have huge returns from your investment.
Why would anyone consider buying a 2nd home?
You may consider buying a second home as an investment since property appreciates in value. You can also rent out the home for extra income and if something happens to your first home, you have a backup.
What can you tell me about Home Security of America?
Home Security of America offers insurance warranties for your home. If you are buying or selling your home, HSA is a good choice to protect your investment.
Which of the following best explains why people with higher incomes favor buying a home over rentingAsk us anything?
Buying is an investment but its also more expensive
What happens if you decide not to pay earnest money when buying a home and sighned contract?
The people you are buying the house from can sue you for the earnest money.
How would you soundproof a mobile home?
Don't waste your money.
