Not Always a Waste of Money: When Renting is a Better Choice Than Buying

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When you need to choose between buying property or renting, it’s not usually a hard choice to make. Conventional wisdom states that buying is a better option because you’re gradually buying your own valuable asset. Before you start rushing to arrange a mortgage or put an offer down on a home, it might be beneficial to give it a bit more thought. The situation isn’t as black and white as you think, and there are some circumstances where a rental property is the better option.…

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Real Estate Investment: Understanding the Concepts of Property Valuation

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If you are planning on purchasing a home, rental building or commercial space for business use, you should think about the property valuation. As implied, valuation is the process by which you determine an asset’s worth. The valuation procedure is crucial for numerous endeavours in real estate, including looking for financing, analysing a potential investment and listing buildings for sale. However, the most important benefit of the valuation process is determining the best purchase or asking price.…

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