Q: How do I know if the property is a good deal?

While there is no science to determining whether a certain home is a bargain and will appreciate, with research you can keep surprises to a minimum. Start with comparable properties in the area and investigate whether prices are trending up or down in that particular set. Also, consider the neighborhood; is it up and coming with new coffee shops, grocery stores, etc? Often, buying a fixer upper in a great area leaves more room for appreciation than buying the best house in less desirable location.

Filed Under: Advice, Buying
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