Choose a property you would like to purchase as your first choice. It can be a/an Single
Family Residence, Apartment, retail strip mall, etc. You can use public websites to find
this information, Zillow, redfin, realtor.com, etc.
1-Give some information and a screenshot about this
purchase property
, what you like
about it and where you found it. Don't just copy/paste from a website, but explain why
you want to buy it, what is your goal for the property, etc.
-
I would love to have a starter home near my place of work that can later turn into
a rental property for me. I will be working in Irvine and this home is large enough
that I can live in. However, I consider this more of a starter home and plan to
move out of this property. It is quite close to UCI and can definitely be a great
property to place on rent for college students. Also, my sisters work in Irvine, so
for the time being I would love to share the home with them which will cut down
costs as we can share the mortgage. I like the proximity it has to a shopping
center and how it is near my place of work.
Using one of these online sources (mentioned above), find 2 similar,
alternate
properties
for sale (active or in escrow, not closed) and answer the following questions.
If these were closed/sold properties, we would call them "comps" for price opinion
purposes. For this assignment, we are looking at available properties.