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UK property investment advices from kingacademic.com

Property investments advices from kingacademic.com? “Be realistic and carry on,” says real estate investment strategist Pol Robert Tansens, discussing what returns and risks to expect when buying property in Europe. After a period of property and economic crisis, the European real estate market has been strong in recent years. International investors are still bullish about prospects, driving further growth in several European property markets into 2019. Even in the UK, despite much post-Brexit uncertainty, big cities such as London and Birmingham remain on an upward trajectory. But how attractive to investors is buying property in Europe? And, more importantly, can investors expect a good return on their real estate investments in the current climate? As Head of the Real Estate Investment Strategy at BNP Paribas Fortis, Pol Robert Tansens has expertise in the area of wealth management. He shares his insight into the major European real estate trends; plus the outlook international buyers can expect if they choose to invest in property in Europe.

There will be times when you have the opportunity to create more space through proper organization and utilizing it efficiently. There are also some homes that just won’t allow you to store much stuff because there is no attic or basement, and the storage closet outside is relatively small. Millennial attraction to homeownership has grown significantly in recent decades. Mostly because there are now options where a 20% down payment is not the requirement. This gives a much larger pool of buyers the ability to buy a home. Especially, first time home buyers who receive a lot of help!

Waiting for the ‘unicorn’. Unicorns do not exist in real estate, and finding the perfect property is like finding a needle in a haystack. Looking for perfection can narrow your choices too much, and you might pass over solid contenders in the hopes that something better will come along. But this type of thinking can sabotage your search, says James D’Astice, a real estate agent with Compass in Chicago. How this affects you: Looking for perfection might limit your real estate search or lead to you overpaying for a home. It can also take longer to find a home. What to do instead: Keep an open mind about what’s on the market and be willing to put in some sweat equity, DiBugnara says. Some loan programs let you roll the cost of repairs into your mortgage, too, he adds. Read additional information on here.

Develop A Mortgage Shopping Cart. One of the biggest decisions to make before putting a contract on a home is how to finance the purchase. Lenders aggressively compete for your mortgage business in a variety of ways. Today, you can apply for a loan over the Internet or even use a mortgage broker to shop for your loan with hundreds of lenders. When choosing a lender, compare fixed rates to fixed rates, not fixed rates to ARM’s, etc. Create a chart that lists different types of loans, fees, and at least five mortgage providers (including a mortgage broker).

For our chinese readers:

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堂英國物業投資課程: 擇代理篇-13題擇代理 UK 物業 Letting agent 的服務範圍? 有咩專業資格? 按金及收租有咩保障? 13條問題幫你選擇Agent,7大Agent招式討論,片中亦有實戰的部份教大家網上搜尋代理及評論。這個部份是英國物業投資課程的重點。