Not sure why but pinurl.com which I use (shortens web addresses) is not working properly at this time. If you click on a link that doesn’t take you to a location, that’s why.
I apologize for the inconvenience unfortunately it is out of my control
I will remove this post when it’s working properly.
If your looking for an investment property, consider getting a pre-purchase inspection of the property you intend to buy.
A home inspection is a visual examination of the property to determine the overall condition of the home. In the process, the inspector should be checking all major components (roofs, ceilings, walls, floors, foundations, crawl spaces, attics, retaining walls, etc.) and systems (electrical, heating, plumbing, drainage, exterior weather proofing, etc.). The results of the inspection should be provided to the investor in written form, in detail, generally within 24 hours of the inspection.
A pre-purchase property inspection can add peace of mind and make a difficult decision much easier. It may indicate that the property needs major structural repairs which can be factored into your buying decision or offer.
A home inspection helps remove a number of unknowns and increases the likelihood of a successful purchase at a good price.
The last thing you want is to purchase a property then find out you over paid for it because it has major structural damage.
The real estate crisis is far form over. America’s economic nightmare has just entered a catastrophic new phase:
Housing starts and building permits for April have taken a big nose dive to new all-time lows.
Duplexes and other multi-family housing have been the hardest hit, with building permits falling 19.9 percent and building starts collapsing a staggering 46.1 percent!
Now the crisis has entered the commercial real estate market, once again every bank and financial institution that holds corporate mortgages and leases is in danger.
Opportunities for real estate investors will continue for quite some time.