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Real Estate Investment Tips in a Down Market

Jul 21, 2008
In today's real estate market, being conservative is a fact of life. The market is no longer certain. Houses will not automatically appreciate every few months and not every house is a solid investment. Buying a house can still be a good investment; however, keeping things in perspective are now more important than ever. These things that should be kept in mind are: the location of the house, the price of the house, and what you have to do to renovate the house.

Having a good location is and always will be the most important factor in buying a house. The price of the house is more of a current problem because house prices have been so inflated in the last few years. Because of this inflated price, the average home buyer does not know what a good price should be. So it is important to have a good realtor and knowledge of where prices are going. I would guess 25% of the realtors might understand pricing while the rest are just trying to make a living.

If you get past these first two aspects of home buying, then you can move onto the third. What work has to be done to the house? The kitchen is the most important show piece of a house. Nine out of ten buyers will list a kitchen as the most important feature. The real estate market has slowed, so your not making money off of appreciation, so in exchange for that you have to improve the inside of the house. Normally spending ten or twenty thousand dollars on a kitchen renovation was typical. The majority of that expense was kitchen cabinets. Now a great way to save money on kitchen cabinets is the RTA kitchen cabinet. (RTA = Ready to Assemble)

You have to cut corners on spending but the great thing about an RTA kitchen cabinet is that you are saving money and still getting a quality cabinet. How can this be? If you find the best RTA kitchen cabinet sites online, you will see that the cabinets can be offered at a lower price because they are directly imported and sold without the overhead of a retail store. Furthermore you will see that the good RTA kitchen cabinet sites will offer only solid wood faced cabinets and solid wood paneled sides. Be aware that some sites offer particleboard, but you want to over that and stay with all wood.

So getting the right house is a little more difficult these days, but once you have that house the next move is being smart about your renovations. Buying kitchen cabinets are a good idea, buying RTA kitchen cabinets is an even better idea! Sure you have to assemble the cabinets, but that is good news as well. All of the cabinets can be assembled with one screwdriver and a little patience. Any one can do it. So go online and start saving money and remember the phrase RTA kitchen cabinets. Those three letters will save you thousands of dollars.
About the Author
Find out where the experts go to get all of their kitchen cabinets and accessories. Learn how to save thousand on kitchen cabinets by buying them where contractors and builders shop.
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