2020 & 2021 IS THE BEST TIME TO HAVE YOUR OWN HOUSE

INTRODUCTION:

It wasn’t so long ago that mentioning the good purchase at the distressed property had the investor to hang up the phone on me. Still raising capital for the simple distressed single-family home fix-and-flip met with bad responses. The reality of property investment stood at a halt. Fear paralyzed business reality, and golden opportunities were lost. Looking back on those years, people got the greatest property deals about.

It wasn't just the high prices that made people think twice before buying a house. They also saw the value of the homes being valued in terms of their ability to provide a comfortable living environment. It is not said that this is an easy thing to do, and this is not even suggested you that you should take every opportunity to buy a house. But if you're going to be investing in a property, then make sure it's worth your time to invest in it. When you have a home that has been built over many years, there are many things you can do to ensure it's worth your money.

You might be thinking why 2020 & 2021 could be the best year to buy flats or houses or properties?

There are certain reasons which clearly indicate this and the reasons are following: new homes will become more affordable-as prices go up and down, so does the value of existing homes. · new homes will become more accessible-as prices go up and down, so does the quality of homes available. · new home sales will increase-as prices go up and down, so does our ability to afford them. This is a good thing because it means that people are buying their homes in a way that they can afford.

Considering the varied beneficial land trends listed above, experts are optimistic about the longer term of the important estate industry within the country and appearance forward to brighter days.

The purchase and hold property knowledge is exactly what its name suggests. You get the investment property and lease it out to the payment worthy tenant for as long as you need. As all buyers are aware that land may be a scarce resource, and fundamental supply and demand principles dictate that with higher demand and lesser supply, property prices are bound to go up. 2020 has great potential for both residential and commercial land business. within a previous couple of years, co-ed office space has gained impressive traction in most cities with IT/ITeS players contributing to the bulk of the demand. Occupational inter-state migration is driving growth for the commercial sector which successively translates into higher residential demand. Practical millennials are more inclined towards co-living spaces that are more dynamic as compared to the standard rented space. As per a research conducted by Global land Consultants Knight Frank, the novel concept of co-living is gaining widespread acceptance in India and this trend is acting as a catalyst for an organised rental market in cities like Bengaluru, NCR and Pune within the same way as co-working spaces did for the commercial space. Also, the impetus given to the residential sector is predicted to yield positive results for buyers and investors alike. In 2020, the Indian land system will exhibit more financial discipline, accountability and transparency thanks to the structural policy reforms introduced last year. Experts believe that if the govt takes more quick and bold corrective measures for the housing and concrete infrastructure sector demand are often boosted to an unprecedented level.

Here are some of the most important ones:

1. Invest in a good quality roof.

2. Get rid or replace old windows.

3. Install new doors and windows on your property

4. Make sure all exterior walls are painted well

5. Get a professional painting job done

6. Hire an expert contractor

7. Find out how much you can save by hiring a professional contractor

8. Make sure you're getting the best price possible

9. Make sure you know what your needs are

10. Make sure you have a clear understanding of your budget and how much you need to pay to buy a home.

In this era of pandemic real estate is likely to fall down and also the price of the properties. This could be an advantage for various people who are likely to be thinking to invest in the properties or either looking towards buying their own home.

Pandemic had its impact on every sort of business or work from small to big. Also, in the recent reports its been proven by the experts that real estate would fall more likely in the present year 2020 and coming 2021. And guess what if you are able to make the right decision, you'll definitely end up buying your dream property.

Some finance pundits suggest taking full advantage of the new customer’s industry in a property. Lenders are foreclosing on some attributes, often selling them in the loss. Simultaneously, some individual merchants are listing their place on the store well below what they paid for it. This shows fantastic buying opportunities for those who will benefit from them. If you are going to get a property, you need the greatest value you can make.

2020 headed towards a big market crash because of the Corona era and this might not be the exact case in 2021, the market may can have high chance to rise a bit or fall more. As the whole World is affected by the corona virus impact and not likely to rise until the COVID-19 vaccine is released.