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Tag: Commercial property

Why Is It Important To Focus On Your First Visit To A Commercial Property?

The decision of buying a commercial property can fail if you have not given to focus on site visits and research. You need to focus on some following points before going for a first or initial visit to a property.

• Make list of things you want to know about and estimate the time to research on site of property. You must have a clear ideology of your investment.
• Observe the site carefully and identify the work force and staff members in working hours. Get all the information which you can gather from staff members about the property.
• You must limit your time onsite and should cover more area. You must have a look on other properties in nearby location. This gives an idea of locality and property rates.
• Always keep on searching information about the potential site or property.
• Follow up with all the information and interaction with people and keep up to date with the property.

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Important Factors For Property Valuation

The most important factor in deciding valuation of any property is location. Well this is repeatedly said by property gurus but still I do not find in wrong in reminding you once again. If you are deciding to purchase, sale or resale of any property then you must be aware of the important factors such as location and neighborhood areas. Valuation also depends on factors such as how far the Markets are accessible, mode of commutation from property, mode of public transport available from near by area. Moreover parks, shopping malls and multiplexes also influence the rates of your property. In all types of property whether industrial, commercial or residential every person is concerned about location and surroundings.

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