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Is it advisable to buy second-hand assets, items and properties.
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[QUOTE="Lens1000, post: 268691, member: 37726"] There is nothing band in buying a second hand properties , but it is very important for you to carry out a very good diligent research before you venture into buying second-hand property. There are possibilities of you falling prey to the fraudsters, most especially if the property is located in an eyebrow area. On the other hand, it is much more profitable to buy a second property by purchasing the property and renovating it to make it look like a new one and you will sell it off at a very high amount of money. This is why so many people will opt in with buying second-hand property and if you really want to help buy such properties, you should try as much as possible to carry out research on the true ownership in order to know the true owner of the business of the properties and confirm that the person is legitimately selling it. There are so many fraudsters in the real estate business that would want to sell people's property without their consent. This is why it is very important for you to have a good knowledge around real estate risk management. This will allow you to avoid unnecessary risk. [/QUOTE]
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Is it advisable to buy second-hand assets, items and properties.
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