Wednesday, December 3, 2008

Location, Location, Location (part two)

How do you know what a good location is? In order to determine what a good location is you must put your Planner hat on and do some research. What those in the real estate business like to call Due Diligence. Due Diligence is the process that large companies take before they acquire property (e.g. for a restaurant, office, theme park, or whatever). You and your family should have a similar benefit when finding your next home or lot to build a home. If you are buying a home, buying property to build a home, or locating a commercial site, or even renting you need to do Due Diligence. Don't leave it to fate or luck. Anything you haven’t researched before you make you move in will be a surprise after you move in. Rarely are these surprises pleasant. Also, don’t be fooled into believing that a high property value or high rent means that you will be sold a desirable location. Some of the highest valued properties are in places that you might never want to live. The key, and the purpose of this website, is to familiarize you with the most common locational problems so you can determine which ones you personally do not find acceptable and steer clear of them before you commit to moving (and perhaps a mortgage).

I am not claiming that if you read this book and follow it to the letter that you will never have an unpleasant surprise. You may find some small detail that nobody has ever seen or heard of before. We live in a world where truth is indeed stranger than fiction. Even I am learning new things every day. However, this is not an excuse go into the fray without a shield. This book contains some of the most common locational problems that you can easily find out about. Like an explorer, you will be amazed what you can discover: things that you never knew about. So let’s start your adventure using your City Planner’s Secret Handbook as a map.

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