Penny Stock Billionaire – The Story of John Templeton

Can you invest $200 in penny stocks or what you call microcaps and make that investment grow into something like $100K or even $1M in the next few years? Many people don’t take microcaps as serious investments. There is some element of truth in that. But do you know a guy who turned $1K into $1M in just 1 month with penny stocks in just 38 trades! Or do you know the person famously known as the Penny Stock Billionaire?

So why microcaps? There are thousands of stocks in markets like technology, agriculture, health, commodities, energy and more. But what makes penny stocks different from the normal stocks is that they are dirt cheap. Most of these microcaps get traded for as little as $0.1 per share.

Imagine, discovering a stock costing $0.1 per share skyrocketing into $10 per share in a matter of let’s say a few weeks. That is a gain of 10,000%. So with microcaps, you have the potential of an explosive gain and with the price as low as a few cents to a few dollars, small investors can also play with them.

Now the problem with most stocks is that they take too long a time to show a capital gain. For a stock to go from $50 per share to $100 per share can take a few years. But a stock priced $1 per share can easily double overnight. Hey, it’s only one dollar.

So with penny stocks, you can get rich at lightening speed and also get poor with the same speed if you don’t invest in them prudently. The best way to invest in penny stocks is to just start with $200.Grow that $200 into $1000! That $1000 into $10,000. That $10,000 into $100,000. You got the picture.

Over the last few decades, penny stocks have regularly outperformed regular stocks by huge margins. In 1939, John Templeton bought 100 shares of every company trading under $1 per share. Over the next few years, his investment multiplied by many times even though many of the companies that he had invested in went bankrupt.

This shows that profitability of penny stocks. John Templeton eventually retired as a billionaire and passed the rest of his days in sunny carefree Bahamas. John Templeton had graduated from Yale and he was a pioneer of investing in globally diversified mutual funds. But his success had started from his plan to buy 100 shares of every company trading before $1 per share.

Immobilienmakler Heidelberg

Makler Heidelberg

Personal Finance: Sound Money Habits To Start Now

„I just got my tax refund, it’s time to go on a vacation!“ I can’t tell you how many times I heard this growing up and now see daily on social media. I recognized early in life that the way I managed money was very different than most people I knew. It has always puzzled me because I never quite understood how people could spend money without ever giving a second thought to saving or retirement. Following are some basic habits you can start now to help secure your financial security in the future:

1. Saving for retirement as early as possible is the most beneficial thing you can do. Even if it is just $50 per month, which is the minimum for most plans, you could be setting yourself up with thousands upon thousands of dollars at retirement. The earlier the better. For example, a 25 year-old who saves $200 a month until age 65 and earns exactly 6% on saved funds annually would have accumulated around $400,000. But a 40 year old contributing the same amount each month at the same earnings rate would have accumulated only $139,600 by age 65.

2. Never carry a balance on a credit card with an interest rate. This is one of the fastest ways to build an amount of debt that could burden you for the rest of your life. When you do need to use credit and you’re unable to pay in full each month, seek out a 0% interest card. Many promotions are from six moths up to a year or more. If used responsibly, they are essentially a free loan. Just be certain to pay their entire balance before then end of the term or you’ll end up with retroactive interest that could add hundreds of dollars (if not more) to your obligation.

3. Instead of buying a new car or a lease, try to save up and buy a good used car for cash. What you save between interest, depreciation, taxes, plates and insurance will save you thousands. According to Edmunds.com, buying a car that is two years old is your best bet because you avoid the biggest depreciation drop. Owning it for three years and then selling will also benefit you because you see another large drop after year five due to long-term maintenance that is generally required at that point. If you cannot afford a two-year old car without having to borrow, then getting one a little older with the long term maintenance repairs done (and low miles if possible) is your best bet.

4. Avoid eating out if you can. The average American eats out 4-5 times per week spending on average $232 per month or about $2,700 per year. If you skipped eating out for two years you would have actually saved enough to buy a good used car like point three above.

5. The last thing, and arguably the most important, is thinking long-term. The worst way to justify spending is doing so on an individual basis versus the monthly or yearly aggregate. Take eating out for example: while it might only cost you $10 a meal, don’t fail to consider that if you did this three times per week for a year, you would have spent more than $1,400. This same logic can be applied to virtually anything-clothes, vacations, furniture, coffee, expedited shipping etc. Anytime you’re about to spend money think to yourself, okay, how much will this end up costing me each year.

Immobilienmakler Heidelberg

Makler Heidelberg

Home Sellers! Are You Guilty of the 7 Sins of Home Selling?

Greed: This one is a biggie. It was easy in a seller’s market to get in touch with your greedy side. Feeling like Midas, anything you asked for from a buyer turned to gold in your hands. Drunk with that kind of power, buyers were often left feeling helpless to comply if they wanted your home. In a balanced market, or even in a buyer’s market, many sellers have not kicked the greed habit. Ironically, greed is costing those sellers money. Ask any real estate agent and they will tell you stories of deals that were blown because of a $300.00 item that could not be agreed upon. No longer with the advantage, many sellers are refusing to make any concessions if it means less money in their pockets, but now the buyer’s are free to move along to the next house on their list. A seller may balk at fixing a $500.00 item in the house, or providing an inexpensive home warranty, but when the buyer moves along to an accommodating seller, the greedy seller is left to wait for another buyer – all the while making mortgage payments on the house they can’t sell. Bad move.

Unrealistic Expectations: Anyone who has sold a home in a seller’s market is going to have a hard time grasping a buyer’s market. If you want to sell your house, you have to forget everything you remember about selling your house in the past. Odds are that your home will not sell in a week, nor will you receive multiple offers. Unrealistic expectations are the foundation of blame and resentment, and they keep you from selling your home. The first few weeks of having your home on the market is filled with hope, anxiety, and irrational exuberance. It’s completely normal to believe that your home is somehow more special than the others on the market, and yours will be the exception to the tough market. Once it becomes clear that the bidding war has not materialized, and your home still sits along with the others, a home seller with unrealistic expectations is crushed. Stay positive about your home, but don’t blind yourself to what selling it will entail. A home seller with a realistic view of what it takes to sell a house in a balanced or buyer’s market, can easily adapt to changing market conditions, use constructive feedback to improve their home, and in return sell their home faster.

Pride: If you really want to sell your home, make the promise right now that you will never utter the following phrase: „I’m going to send that buyer a message.“ If you enjoy sending messages, then perhaps you could raise carrier pigeons. If you want to sell your home, drop that phrase from your vocabulary. The message that sellers send, when they respond to buyers that way is „I don’t want to sell my house to you. You have insulted me.“ In the end, all you are left with is your pride, and that house that just will not sell. As an active Ebayer, I have never witnessed a transaction in which the seller of an item got indignant at the lowest bidder. It’s all business. Divorce your emotions from the home selling process, and you have an advantage over the angry sellers in your area, because the buyers that they turn way with their „messages“, are going to buy a home – just not theirs! The message to send to a buyer should be in the form of a counter-offer. Nothing more. Nothing less.

Impatience: You want this home sold. Now! The impatient seller can’t understand why their home hasn’t sold in the first week. By the third week on the market, the impatient home seller is fuming, and wondering how to get out of the listing agreement. Are you an impatient home seller? If you’ve chosen your real estate agent carefully, and believed when you signed the listing agreement that they are up to the job, then sit back and let the market work. The impatient seller calls their agent more than once a day for updates, even if there has been no activity on the house. The question, „why isn’t it selling?“ is regularly pleaded over the phone. Are you, the impatient seller, doing everything you need to do to get your home sold? Have you done the things your agent suggested to get your home in selling condition? Did you really listen to the comparable pricing data your agent provided you? Or did you have a set price in your mind and refused to move from it when listing the home? The impatient seller can create an enormous amount of stress for everyone involved in selling the home, and it’s totally avoidable. In the end, the timing of the sale of your home will be a combination of price, condition, and luck. No amount of impatience is going to change that.

Ignoring the market: Ignorance is not bliss. Ignorance is disaster for a home seller. Yes, we know that your neighbor sold their home for the same price you want for your home, but that was four months ago. The residential real estate market is more fluid than ever now. Educate yourself about current market conditions, not last year’s market, not even last month’s market. A home seller who ignores the market will interview a few real estate agents, read the data provided by the agent, then ignore the data and list with the agent that gives them the least argument about pricing their home unrealistically. Real estate agents do not price homes, sellers do. The agents will provide valuable information and input to help a seller choose a price. Some agents will refuse to take a listing if they feel the seller is unrealistic about pricing, but many others will take the listing with the caveat that the seller be open to reducing the price later. With so many other properties on the market, an overpriced home will sit there like a deli tray at a gathering of vegetarians. Then, the seller will be chasing the market by lowering the price after watching the prices around them fall. Eventually, the house may sell, but the price will be determined by the market, as it always is. If you are guilty of ignoring the market, you can save yourself a lot of time and headache by scheduling a meeting with your real estate agent to go over the current sales data for your home, and setting a realistic price, now.

Stubbornness: When selling your home it’s best to imagine yourself as a supple tree gently swaying with the wind, instead of a donkey with its heels dug solidly into the dirt resisting all attempts to be budged. Stubbornness can show up in many situations. When you are contacted to schedule a showing, do you leave the house? Though it’s a fact that your home has a better chance of selling if you are not there for the showing, do you refuse to be inconvenienced by having to leave? You may tell yourself that the buyers can work around your schedule. They won’t. The chance for a sale often vanishes because a buyer feels uncomfortable with the homeowner in the house, and cannot freely assess the house. Expect to be inconvenienced when you sell your home. It’s part of the process.

Being Uncooperative: Are you a partner with your real estate agent when it comes to getting your home sold? Do you resist all suggestions by your real estate agent to make changes to your home that will help it sell faster? I’ve had this conversation with home sellers many times. Is it fair that people judge your home based on the things that are not going to be in it when you move out? No, probably not. Do buyers judge your home based on those things? Absolutely. I’ve seen buyers lose their enthusiasm for a home based on a decorating theme that didn’t suit them. No matter how many times their real estate agent might remind them that they can decorate in their own style, it’s too late. The home is now referred to as the „duck home“, or the „doll home“, or the „pink home.“ Every house gets a nickname when buyers are shopping. Don’t let your refusal to cooperate stop your home from being the „perfect home.“

The sale of your home requires the cooperation of countless people, many of whom you’ll never meet. The key word here is „cooperation.“ We, as home sellers, expect those that are working to complete our sales transaction to be cooperative. What about you, the home seller? Are you willing to meet the buyer halfway in negations? Are you willing to work within someone else’s schedule to get something signed? Remember, you may be selling a property, but in the end, real estate is about humans. Be a good one.

Immobilienmakler Heidelberg

Makler Heidelberg

Austin Real Estate – For Nature Friendly Homes

Austin Real Estate has always been the most prominent option for all those who love to be in touch with nature. The aspect of environmentalism has gained much popularity in all walks of life. It has got so much importance in the modern world. In the earlier times, the people were not much concerned about the environment and its significance in the process of sustaining life in this planet.

Now, the situation has changed a lot. Even the residential and commercial construction designs are giving prominence to the being in close touch with the nature. Austin was the foremost city of the United State of America to establish and implement a green-building program. It was done by planning for long term environment friendly home building guidelines for the people interested in the construction of new homes.

The national association of home builders has selected the city of Austin as their target area to launch their campaign for a complete green building scenario, with the view of changing the outlook towards environment within the whole real estate industry. This was done in the year 2004. They have selected the city of Austin itself because, the Austin Real Estate is considered as the leader in this process in the whole of US. These guidelines are aimed at creating a unified nature friendly home building strategy, which features energy efficient and high quality indoor environmental homes. It is a surprising fact that the city of Austin was having such guidelines for a long time even before the association has started to implement it in a nationwide basis.

The Austin energy and the guidelines in the Austin city have created a visible move in the direction of conserving energy and the building of nature friendly homes. An energy conservation program was also initiated with constituting team of experts to conduct energy analysis in the existing homes and to suggest options to conserve energy with some minor changes.

Immobilienmakler Heidelberg

Makler Heidelberg

Real Estate Advertising Ideas – 5 Unique Advertising Options

When building customer-base for real estate, success is not an overnight feat. It will involve a lot of hard work. Letting other people know of your business or about the property you sell does not totally mean that you have to place lots of text-based ads all over. You have to be creative to excite your potential buyers. Here are some tips for your next real estate advertising goal.

  1. Create a video walk through of the house. Take advantage of the technology offered by smartphones and drones. Using them plus your creativity, you can shoot at different parts of the house to present realistic view of what you are selling.
  2. Build free offers to collect email addresses. If you are observant, you probably can see that a lot of websites and blogs have pop-ups offering free trials, free newsletters, pdf downloads of articles, and a lot more. By simply filling out the electronic forms, users can give you email addresses which you can later use to send out your offers of real estate properties being sold.
  3. Be a resource person for local TV networks and radio stations. By being an expert person on real estate, you can actually gain the attention of local TV networks and radio stations. It’s like applying for a job but if you’re able to hook with them, you will have a great venue to advertise the properties in your portfolio. You can email them to send either a letter stating your endeavor or a short video presenting yourself as an expert and willing to be their resource person on subjects related to real estate.
  4. Take advantage of the trending internet memes. Admit it or not, you are also among the bunch of internet users who are enthused with the trending memes we see. They carry a range of graphics ranging from animation characters, Hollywood stars, animals, and a lot more. Depending on the graphics and the texts that go with them, they become instruments to send-off messages to those who see them. With this said, then you can have memes that actually persuade people to buy the property you are selling or call them to action to avail your services as a real estate agent.
  5. Have video testimonials done by previous clients. Go beyond the usual testimonials which are fully textual and placed on specific sections of the website or blog. Instead, ask for video testimonials from your past clients. Aside from presenting their real experiences, you present real people to potential customers.

Go unique. Go beyond the usual. Exhaust your creative juice to excite your clients. Real estate marketing is tasking and will need you to work your way to become a brand and an authority.

Immobilienmakler Heidelberg

Makler Heidelberg

What You Need to Know About Buying House in Summer 2018

The sunniest time of the year when sun is shining brightly is surely a great time for exploring new neighborhoods and visualizing future patio parties during viewings. If you are planning to buy home this summer then it is important to understand the housing market prior starting any serious shopping. You must have to know what housing market is like for buyers now and what you can do to end up the best home with best price that fits right in your budget.

Owning a home is an investment in your future and with that in mind you wants to make sure that you are making educated decisions so that you could get the best possible deal. Housing market in 2018 should be just as strong this summer as it’s been all spring. List prices and existing home sales have risen this year but there are perks to house hunting right now, too. We present you some of the facts and tips to help you get the most out of this year’s summer housing market.

SUMMER MARKET FACTS

DURING THE SUMMER PRICES DROP: Although summer is busy home-buying season but still it is not crazy as prices drop from May through October. Anyhow if you hang out until late August then you could find a really great deal-that is when nearly 14 % of listings get a price cut.

Private Mortgage Insurance Is GETTING MORE Reliable: PMI or Private Mortgage Insurance getting cheaper after PMI lenders MGIC and Radian lowered their rates this spring; it is great financing news for homebuyers. That’s going to cause most of these PMI companies to be competitive with each other which in result going to bring them all down. Less than 20 % of down payment makes the home buyers to get PMI. It means it will be cheaper for some buyers to get into homes sooner.

HOMEBUYING TIPS FOR SUMMER 2018

DON’T DISCOUNT OLDER LISTINGS: At the times when homes are flying off the market within days due to strong competition, it is easy to think a listing that’s a week or so old is a red flag. But keep in mind that it is not always the case. It is often because buyer got cold feet and pulled out of a deal on a perfectly good house. But thanks to the assumptions home buyers make about older listings in busy markets, the delay can cause the price to come down.

There are just more of these in market. The number of homes in market is shrinking but still there are 8.3 % more fixer-upper among them than there were six years ago. If you are dead-set against a fixer-upper to be prepared to move quickly then there is only ever going to be a couple of options at a time. And when new listings come up it’s going to be pretty ferocious.

GET TO KNOW THE NEIGHBORHOOD: The plus point of competitive market it gives you temptation to make an offer on any available property that fits your criteria but if it’s in the wrong neighborhood, you may never want to purchase the house. It is better to take some time and do community scouting before making an offer. You can even find out what your future neighbors have to say about the area by communicating with them.

MAKE THE STRONGEST OFFER: To stay in the market make the strongest offer, even your offer is not the highest because now is not the time for low ball-offer. No doubt, coming up with cash offer could be tough for many home buyers but there are some ways to make a strong offer that don’t require gobs of money. Substantial eventualities like a shorter closing or inspection period and writing a great offer letter can help make your offer stand out.

Immobilienmakler Heidelberg

Makler Heidelberg

Real Estate Photography Tips For Realtors – Don’t Do it Yourself, You’ll Lose Your Commission Check

I’ve done it myself; taken what I thought were great listing pictures and used them for my online MLS listing. My clients thought they were fine and I thought they were just fine, until I started working as a buyer’s agent in Seattle a few years back.

I worked with over 40 different buyers a week and everyday I’d hear, „Did you see those listing pictures? There’s no way we want to see that house, it’s a dump! Does the listing agent know how bad they are?“ Obviously, the listing agent didn’t spend anything on real estate photography.

My buyers would also see some great listing photos and want to get in to see the home that afternoon. We’d step inside and they’d wonder if it was the same home they saw online. They felt cheated because the pictures were nothing like the real home. (but at least the listing agent got buyers walking through the house).

It all came down to the listing pictures they saw online. That’s essential marketing for listings! Give buyers a great picture and they’ll jump inside the house that day. Give them a „do-it-yourself“ picture and they’ll move onto the next home. The listing pictures make the difference, especially when you spend a few bucks on professional real estate photography!

Even when the listing pictures were better than the actual house, guess what? It still got the buyers inside! That’s your goal as a listing agent; get as many showings as possible. Professional real estate photography makes that happen.

With upwards of 80%+ of buyers looking online now, the listing photos are the first thing they’re looking at and basing their initial impressions on.

How much money in lost commissions do you think you’re missing because you won’t spend a couple hundred bucks for professional real estate photography?

If you did spend the well invested marketing dollars on some professional real estate photography…….

  1. You could have more satisfied clients because the home sold faster.
  2. You could have made more cash because you didn’t have to drop the sales price when the listing became stale on the market.
  3. You could look like a top producer in the area because of the quicker sales, better looking listings and more satisfied clients. Your overall image is enhanced, big time!

Isn’t it funny how such a small aspect of your business can affect the whole thing? Anytime you realize how one issue affects your net profits, that’ll make you perk up, right?

Now don’t give me the excuse that it’s too expensive because it’s not. Look at it as a marketing and advertising expense because that’s exactly what it is. And real estate photography is one of the best things you can spend your marketing dollars on.

You have a couple options……..

You could grab a professional in real estate photography in your local area and offer them $50-$200 to come to your listing and take some fabulous photos. Make sure they’re top notch, have all the right equipment and understand the goal of these photos. You don’t want to pay for real estate photography that’s no better than your own.

Your other option is to go with a company like Vicaso.com who does real estate photography exclusively. Their business is listing photos for real estate agents!

You can schedule your photo shoot on their website, pay about $200 or so and get the most captivating listing photos you’ll ever see. Even if you have a crack house listed for sale, their real estate photography will make it look like a palace.

I’m telling you; don’t skimp on your real estate photography. Look at the cost as an investment. If you spent $200 on professional real estate photography and got back another $20,000 in commissions that year from faster sales, more clients, and higher listing prices, wouldn’t that be worth it? You betcha!

Immobilienmakler Heidelberg

Makler Heidelberg

The Advantages of Services Like the RedX and LeadSenders For Real Estate Agents

Expired listing lead services such as the RedX and LeadSenders provide real estate professionals with a continual slow of leads from which to grow their business. The primary advantage of both services to REALTORS is that they enjoy a first-mover advantage over their competition. Agents that use these lead sending services get notified as soon as the prospective customer comes available. These services then provide users with the information that they will need to quickly make contact with the prospect, begin creating the relationship and finally convert the prospect into a listing or a sale.

Although similar, LeadSenders and the RedX (Real Estate Data Exchange) have some very significant differences. The most significant of which is the timeliness of the service. Where the RedX system provides expired mls listing leads in real time, the LeadSenders system provides information on a daily basis. In contrast, where the RedX software provides a prospect by prospect history, there is no way to easily create visibility on all of the listings that expired six months ago and have not re-listed.

In general, the services provided by the Real Estate Data Exchange are a little more comprehensive than those of LeadSenders. In addition to expired mls listings, the RedX also provides real time FSBO listings from multiple databases. The RedX also scours multiple databases to provide a comprehensive picture of both the expired and fsbo listings which allows the real estate agent to be much more informed when they first make contact.

In addition to those services, the RedX does provide an expanded menu of marketing resources that are not currently available through Lead Senders. These resources include tools to help REALTORS update their websites with the latest lead capture technology. For real estate agents that do not currently have a dedicated website, the RedX even offers a service to provide them with a turnkey solution.

Between the RedX and LeadSenders, both have their own unique benefits. As a result, it is ultimately up to the real estate agent to choose the system that will best fit his or her needs. When evaluating these types of lead generation systems, there are a lot of things to consider. Cost notwithstanding, the caliber of the leads as well as the technology used to identify prospects is one of the most important factors of consideration. If you are a REALTOR that is looking at these two systems, weigh the benefits of both and choose wisely.

Immobilienmakler Heidelberg

Makler Heidelberg

Essential Tips to Finding Condos for Sale

There are a few tips you may want to take under advisement when looking for a condo for sale so that you know the one you choose is the perfect match for you and your family moving forward, a place where you will feel safe and can enjoy for years to come.

One of the first things you are going to want to take into consideration before you even start looking at a condo for sale is to consider your lifestyle. Are you a small family with young children a handful of pets? Are you a single professional looking for the convenience of a lock up and go or are you a young couple who enjoy spending weekends away at various destinations throughout the country? Your lifestyle will determine if condo living is the right choice for you.

Remember a condo, or condominium, is a unit in a complex. This means that you will have neighbors close by, but you also get the added benefit of a host of facilities and amenities. Some come with swimming pools, others come with laundries and there are those that also include a small fitness center as an added convenience.

With your lifestyle identified and you have decided that a condo for sale is the best choice for you right now, you are going to want to look for an experienced an agent. If you have heard of a new complex being built in your area, then contact the agents handling the complex to see if there are any units still available and make an arrangement to view at your convenience. Try and choose an agent who has experience selling these types of units, someone with a wealth of information that can provide you with the advise and assistance you need to make the right investment decision moving forward.

When you find a condo for sale you feel meets your exact requirements, then you are going to want to start working on your financing options. Speak to the agent you are dealing with to see who they recommend for financing. If you have your own bank you have been using for years and you have a good credit history, it is worthwhile approaching your bank directly to see what finance they can provide to you, so you can pay your deposit and secure your unit without delay.

Identify what is included with the condo. In most instances you find that condominiums come with a host of facilities and amenities. Some will have swimming pools, some will have fitness centers and others will have both. These are conveniences that you may or may not make use of, but they are fantastic selling points when you choose to sell or upgrade one day.

Ensure you identify the Homeowners Association fees you need to pay each month and what these fees include. These fees are charged by the association that oversees the complex. In most instances this will include overall maintenance of the building and public areas, along with refuse removal and more. Each association has different rules and fees, so ensure you have a good understanding of these before making any final decision.

Immobilienmakler Heidelberg

Makler Heidelberg

Condos for Sale – How to Choose the Right One for You

Have you ever lived in a condominium unit? If like me you grew up in a house with a garden then chances are you have no idea what factors and features to consider when looking at condos for sale. Not being aware of key aspects that could affect your quality of life as well as the unit’s resale value could leave you with a condo you can’t live in or sell.

What to prepare before checking out condos for sale

When a person decides to try buying a condo unit the first thing they do is look through adds, this is one of the most common mistakes buyers make. Prior to looking at units, preparations have to be made which can make looking for a condo easier and in the end more advantageous for you.

Down through the ages people have always said information is the key and looking at condos for sale is no different. Prior to visiting different units hire an experienced realtor. He or she will be able to give you invaluable advice plus his or her services are free since the seller will pay the commission. Another person you need on your side is a lawyer. „Legalize“ is a language not everyone is familiar with and it’s always a good idea that we understand everything we sign, trust me on this my siblings are lawyers. Next, crunch the numbers and look through mortgage requirements. Being ready on the financial front will give you a realistic view on what you can and cannot afford.

What to avoid while looking at condos for sale

Unfortunately not everyone is able to realize that small details can make a big difference in ones‘ quality of life. The following are some things you may not have thought to take into consideration:

• Steer clear of units that overlook the entrance to the garage or where vehicle traffic is if you value peace and quiet.

• Once again for peace and quiet do not choose a unit across from or beside an elevator.

• Make sure your suite does not look over the area where garbage is picked up; this is self-explanatory but is a detail most people will miss.

• Make sure most of the condo’s occupants are owners not tenants.

• Avoid condo buildings that are not easily accessible by any number of public transport services. Trust me you’ll need the service one of these days even if you do have a car.

• Avoid condo buildings where the neighborhood is not as pleasant as you’d like. The building itself maybe top notch but if the location is not at par then think twice.

• Avoid making a decision before going to the condo several times and at different times of the day and night.

• Remember to chat with the neighbors. You’ll need inside information about the area and if you can stand living beside them.

• Do not commit before you have discussed all the monthly fees, maintenance costs, association dues, closing fees and all financial matters. You need to know you can afford it all without breaking a sweat.

• Do not buy a suite with a view you can’t live with, no matter what the building’s amenities are.

Happy hunting.

Immobilienmakler Heidelberg

Makler Heidelberg