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Strategy for buying & selling a property

Strategy for Buying & Selling a Property

The strategy adopted for buying and selling a property by a person is usually based on certain factors which are prevalent in the market as well as few other locational and availability of common facilities which include school, transport, market, park and work place etc. It requires some time to check all these things before final selection of a property.

Apart from above, the most important factor remains the availability sufficient funds in advance for which one may have to mobilise various easy access sources i.e. sale of shares, prematurely of fixed deposit, loan against insurance policy and sale of other alternate properties, if available. If a buyer is in sound financial position, he can finalise the deal across the table at a good bargain. An efficient person can make money even while buying a property as well as by selling it. This can be possible by making strong analysis of various factors. Usually when it is buyer’s market they sell their property quickly and seller’s they sell their property quickly and make good profits.

It has been usually seen that the longer the strategy to hold a property, the more the gains are in hand. People who bought properties at throwaway prices say 10-15 years back can’t think to buy similar properties today as the prices have gone through the roof. On the other side those who want to sell their same properties will reap the bumping profits of the booming real estate market. Thus strategically planning plays a pivotal role in buying and selling a property which will always provide a plus point to a person.

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