[quote=stroikag]1. Location
Real estate is all about location. Whether you want to buy an apartment, a stand alone home or a floating island. Select a great location and you’ll be sure to have a winning investment.

2. Do the math
Real estate is a numbers game. If you don’t understand the numbers you will lose the game. Be smart about your finances. Know how much money you need to put away for the purchase. This is true whether you are obtaining a mortgage or paying in full or installments.
For mortgage arrangements, ensure you know how much in monthly payments will be debited to the banks. Plan your payments and always have a plan B.

3. Find a real estate agent
Real estate agents are your friends. Find one that has the networks to home sellers and buyers. They literally become your eyes and ears on the ground and save a lot of time and money on otherwise dead-ends.
4. Put your ears on the ground
Buy a house after you have actually ‘felt’ it. Be the one to examine the property. Talk to the neighbors Observe the locale. Do not rush into a deal without understanding all the material facts
.

5. Get a good lawyer
Like the real estate agent, lawyers are your friends. They should be able to draft and interpret all the legal documents and hold your money in escrow if need be.

See 6 & 7 and free additional resources on http://stroikagroup.word...savvy-home-buyer-kenya/[/quote]


@Stroikag...there are those who do cannot afford an apartment/stand alone home etc, but can afford a plot etc. Edify on what do they need to look out for..