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Property is the best option generating big money for future
By Sonali Tend
The inflation rates are souring and going high in every country there are many reasons responsible, like in year 2008 many banks had lend money to companies and those companies went down in profit , some companies showed in balance sheet that they are making profit where as they were not .all these factors hit the global economy very badly, in year 2008 I saw about 50 of my colleagues were terminated from their jobs, as the company I was working with was not making. That time I decided that I will make some different carrier, and started writing my blog. Since the activity of blogging do not give immediate money it requires great hard work and dedication, analysis of the topics reading and then finally comes the blogging. One of my blogger friend had purchased a house in 2003 in the very same place where i live and the cost of house today is multiplied to 50 time the cost for which he purchased, he is about to make big money if he sale it , but instead of selling I advice him , wait for another 5 years there will be great value for the house at that time, he can actually make big savings for future life after five years. There is no easy money in any business, than the real estate and property, we all struggle and waste our entire life in doing job and earning salary, but there are few peoples I saw them the purchase house and sell it after some time , keep on doing thins and make big money in this, of course this business involves lot of law and other things, he has a office and lawyers for doing that for him. There is big money in real estate like wise there are big worries too, you may encounter a fake buyer, or seller, there could be some litigations on property you are looking for purchasing , therefore a detailed information and enquire at every possible aspect regarding the property must be done very seriously once. There are some people who will help in finding the right property and help in selling the property, they ask for about 2 to 5 % commission, but only 2% commission will be ok , and one should discuses mutually. While purchasing house one must enquire in surrounding about the past occupations of the house and about any loans from any banks, finally a advertisement in local news paper or media about your intent of purchasing the property will help you to make your claim string at any given time, if any dispute arise. The title of the property you are willing to purchase must be clear, that is there is no other individual who has any intrest in the property than you,its important for getting housing finalnce too if you are looking for housing finance , banks always ask for these requirements. |
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