Commercial Property Danger To Avoid
Real Estate Tip:
Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.
Real Estate Insight:
From 1992-2005, home prices went up 205% while income during that period only rose 10%