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And the WORD for Today is:
Investment Property – usually refers to any property which was purchased for the primary purpose of creating a profit. The anticipated profit may come from either income or from the resale of the property. Investors who speculate in the acquisition of real estate for investment purposes should study closely the market in that area to avoid buying in a “down market.”
Copyright © 2008, Home Ownership Matters, LLC. All Rights Reserved.
You can find more helpful definitions of WORDS like these in Your Real Estate Advisor which can be purchased at www.DovePublishingHouse.com.
(Please E-mail Heather at homeownershipmatters@gmail.com with any questions, comments or concerns you might have! We appreciate all comments and feedback, so please don't be shy.)
Investment Property – usually refers to any property which was purchased for the primary purpose of creating a profit. The anticipated profit may come from either income or from the resale of the property. Investors who speculate in the acquisition of real estate for investment purposes should study closely the market in that area to avoid buying in a “down market.”
Copyright © 2008, Home Ownership Matters, LLC. All Rights Reserved.
You can find more helpful definitions of WORDS like these in Your Real Estate Advisor which can be purchased at www.DovePublishingHouse.com.
(Please E-mail Heather at homeownershipmatters@gmail.com with any questions, comments or concerns you might have! We appreciate all comments and feedback, so please don't be shy.)
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