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When is the perfect time to buy land property?

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تم إضافة السؤال من قبل Lina Samer , Digital Media Graphic Designer , iDirection
تاريخ النشر: 2017/04/23
HARMEET SINGH KOHLI
من قبل HARMEET SINGH KOHLI , Sr. Marketing Executive

The perfect time to buy a property is when your kids are young and the interest rates ar low

saqib mirza
من قبل saqib mirza , Sales Manager , Zakon Real Estate

The perfect time to buy a property is when anyone can check these 3 on the list 1. Desire 2. Means 3. Need If you have the desire to buy a property backed up by the means which you can justify by your need then that's the best time to do it.

Mukambar Djurayeva
من قبل Mukambar Djurayeva , Sales Representative , Keller Williams Solid Rock Realty, Ottawa

Recession is  one of the best periods to invest in land, either for future re-sale or personal use, as the value of lands generally goes extremely down during this period, even more than any other real estate due to the rush in selling any liquidable assets as well as reduction in people’s purchasing power. One must take precautions though on selecting the best locations that would appreciate the most when market gets back to its stable condition. 

Ahmad Knio
من قبل Ahmad Knio , Senior Project Manager , Pricewaterhousecoopers

Anytime is the perfect time to buy a land, however, you have to carefully asses its price in relation to its qualifications to make sure that you are getting a good deal.

sani ibrahim
من قبل sani ibrahim , Legal Research Assistant/Property Manager , A.S. IBRAHIM & CO.- THE UNITY CHAMBERS

 There is no perfect time to buy a land property due to market forces of demand and supply and prices fluctuations. However, the right time to buy is when the market is at its low, this is because property prices would be low. When the market pick up, property prices will increase making it a sound investment.

If you need a loan to finance the buying process, then you have to wait when the interest rates is low. This is because the interest rates impact hugely on the mortgage repayment.

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