Ali Ata

Pixabay.com  When buying or selling a home, Ali Ata mentions that an appraisal is an important step in the process. A home appraisal estimates a property's current market value, usually performed by a professional appraiser. This appraised value is used to determine the price of the home for sale or assess the worth of a refinanced home. It's also used to calculate property taxes. If you are selling your home, the appraisal can be used as a negotiating tool. For example, if the appraised value of your home or property is lower than the asking price, the buyer may try to negotiate a lower price. Meanwhile, if the appraised value is higher than the asking price, the seller may be able to use it to their advantage. Appraisals can also be helpful when refinancing a home. If the appraised value is lower than the amount you owe on your mortgage, you may not be able to refinance. Instead, you may have to come up with extra cash to make the difference. If you are planning to get an...

corporatefinanceinstitute.com  Because of the current state of the world economy, Ali Ata notes that people have become less willing to spend their hard-earned money acquiring properties, especially since healthcare has become a priority for many. However, this doesn't mean the real estate industry is going down the drain. In fact, Ali Ata says the exact opposite could be the case. While it's true that real estate and a host of other industries are experiencing a sharp downturn, many seasoned investors have recognized that this is the time that unlikely and potentially profitable opportunities may reveal themselves. Those with the means and capital required to take advantage of these opportunities need only seek them out to get their foot into the door of real estate investment. Ali Ata notes that because prices are taking a nosedive, there has been a surge in highly experienced investors looking to acquire properties. Even for people who have never invested in real estate be...