There is a growing need for the use of Property Evaluation services by potential owners of residential incoome investment properties who can not personally insect the real estate in question.
Independent evaluation offers assistance to investors requiring local eyes and ears in situations where a buyer can not be physically present to evaluate the suitability of a property for purchase. Property evaluation diminishes investor risks by utilizing knowledge of the market..
Property evaluators are not real estate brokers or agents and does not change the need for formal property inspection once an before a closing. . Their income is not dependent on commissions. A property evaluators work only for the prospective buyer and have no conflicting loyalties.Their only purpose is to provide buyers with valuable knowledge they can use to make informed decisions before making an offer.
There are many factors which indicate the future success or failure of a real estate investment.
* Economic climate
* Initial Price
* Potential future value
* General property condition
* The costs of expected repairs
* Suitability of location
* Neighborhood
* Tenants
* Rents
* Vacancy rates
* Expected cash flow
Who will you trust?
(Check One)
1. __ A salesperson who only gets paid if you purchase the property he/she is selling?
2. __ An expert who’s vested interest is in telling the truth?
Due diligence raises questions that can’t be answered without a visit to the property site. Unless investors can actually travel to a property vital information will remain unknown until after a formal offer is made and accepted and earnest money is deposited – perhaps even until the sale is finalized.
Property evaluation satisfies a vital need in today’s real estate market that can save you thousands of dollars and untold hours of angst. An investor in real estate who can not visit a property they wish to purchase before the offer should never fail to engage an evaluation service that can provide written information and opinions to assist your decision making process.
