| As mentioned in part one of this mini
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| | covering a wide range of data
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| series, there are a number of important
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| | requirements for individuals and
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| issues revolving around buying or selling
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| | businesses.
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| a home that agents can’t,
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| | CRIME: Talk to the local police
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| won’t or don’t tell you about
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| | department and ask specific questions
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| because of certain discrimination laws
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| | related to crime levels, type of crime,
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| and/or the fact that these issues can be
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| | national and state rankings, etc and any
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| deal killers. Knowing about these issues
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| | other information relevant to your needs.
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| could have a drastic effect on your
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| | You may even be able to research
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| willingness to buy a property and agents
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| | specific information on your own using
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| just aren’t going to raise these
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| | the Internet for statistical data
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| issues because raising them could result
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| | WALK THE MARKET: Last but not least, get
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| in reduced commissions or no sale at all.
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| | out and walk the neighborhood through the
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| If you have not read part one of this
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| | day and come back at night… late
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| series, I strongly suggest you do so to
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| | night say, around midnight, and drive
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| help protect your legal and financial
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| | around…. What do you see? Does
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| interests. Consider:
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| | the market area look thuggish? What kinds
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| ENVIRONMENT: They say one of the most
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| | of cars are in the driveway? What about
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| important aspects of home buying is
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| | surrounding neighbor hoods within a mile
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| location, location, location, right? I
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| | radius? Neighborhoods can drift quickly
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| humbly submit to you that behind that is
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| | and what looks like a nice area can be
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| environment, environment, and
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| | overrun with blight fairly quickly from
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| environment! You can check the U.S.
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| | adjacent problem areas.
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| Environmental Protection Agency for all
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| | The point of these two articles is to
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| kinds of information in the target market
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| | highlight the impact the environment
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| you are looking at before you make a
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| | surrounding a home can have on present
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| purchase you may end up regretting.
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| | and future property values. Knowing
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| DEMOGRAPHICS: Agents don’t like to
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| | about sexual predators, the quality of
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| talk specifics about this with people for
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| | the school systems, EPA violations, crime
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| discrimination reasons… so how do
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| | levels and market demographics can have a
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| you find out the demographics of a
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| | huge impact on your real estate
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| market? Check out U.S. Census Bureau-
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| | investment decision making.
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| Quick Facts The Census Bureau has a
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| | Best of success!
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| treasure trove of good information
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| | Copyright © 2007 James W.
|
