8 things to consider before investing in property
8 things to consider before investing in property. It is that time of year when people start thinking about buying property, perhaps their first home or maybe an upgrade or downgrade. With the economy tight right now, thinking carefully about what, where and for how much you want to buy, is more important than ever. Investing in property is likely to be the single biggest financial transaction that you will ever make. There’s more to consider than you think. For starters, property is an active, rather than a passive investment and comes with financial risk, Although, buying your own home should first and foremost be about securing your future and creating a foundation upon which to build a life and future for yourself and your family, you should also make sure that you are a making a sound investment. Consider the downside upfront. When the market turns for example, you might find yourself in a tight financial spot and you have to sell. Think about this when
