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ALGARVE PROPERTY SPECIALISTS
ehelpyoualltheway
&
Make a wise investment pay less
Surf the crisis
And enjoy the Algarve
Tips you will find handy in buying
4
part
4403
Apemip
8
pages
2008 | 4 4
September Part of
ALGARVE PROPERTY SPECIALISTS
ehelpyoualltheway
12
ip
hooseahome
ithaneyetoward
.
utureneeds
’ ,
But if it isn t priced low enough
’
ouwontrecoupyour
, .
nvestmentoftimetroubleandexpense
,
Before you proceed
’
do a careful evaluation of what you ll have to invest and
onsultwithyouragent
olearnwhatyoucanreasonably
.
xpecttomakewhenyouputthehomebackonthemarket
And be sure to
include the
nexpected
— ’
there s no such thing
.
as a “sure thing ”
13
ip
nceyouareready
,
obuymove
.
uickly
.
Buying a home is a big investment If you can stretch a little
— ’
today to buy a home that you can grow in whether it s having
, - ,
a child running a home based business or having room to
build an
— .
addition do it
,
nthelongrunitwillprobablybeless
xpensivethanmovinguptoamarginallylargerhomewhen
.
heneeddoesarise
14
ip
larifywhoyour
.
gentis
.
oodpropertiesmovefast
’
Once you ve made up your mind
’ ,
to buy a home and you ve lined up your agent
®
epreparedto
.
akedecisionsquickly
If you find the right home today but
’ ,
rentreadytobuyuntiltomorrowyoumayalreadybetoo
.
ate
15
ip
’
akesureyouknowwhotheagentyouretalkingto
.
epresents
Any agent has a responsibility to be
pen
and
onest
with
you
4403
Apemip
8
pages
2008 | 4 4
September Part of
ALGARVE PROPERTY SPECIALISTS
ehelpyoualltheway
skforawritten
comparative
.
nalysis
— ,
ndtoletyouknowwhoheorsherepresentsthebuyerthe
.
ellerorboth
’
One way to ensure that you don t offer too much for a home is to
skyour
genttoprepareamarketanalysisshowingyoutheaskingpricesofother
.
omesintheareacurrentlyonthemarketAgoodagentshouldalsoknow
heactualsellingpriceofanycomparablepropertiesrecentlysoldinthe
.
rea
16
ip
earnasmuchas
ucanaboutthe
' .
ellerssituation
You may find that the asking price is above what comparable
.
homes in the neighbourhood are actually selling for Or you
’
might even find another home in the area that s a better
.
bargain
,
henyoumakeanofferyoucanusethemarket
nalysisasevidencetoshowthesellerwhyyoubelieveyour
.
fferisareasonableone
’ :
It s true what they say
.
Knowledge is power
hereasonsbehindasale
.
anoftenbeusedtoyourcompetitiveadvantageduringnegotiations
,
For example a seller whose company has transferred him to another city
or a foreigner living in Portugal who needs to return to his home country is
probably more motivated to sell than someone who is still looking for a new
.
home
4403
Apemip
8
pages
2008 | 4 4
September Part of
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