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Unlocking the Property Market: The 7 Keys to Property Investment Success by John Lindeman

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Key 6 Determine how much to pay

Key 5 showed you how to find the right property, and this key shows you how to determine the right price for that property. It also gives you an insight into the various ways that property values are determined in the market. If prospective vendors are aware that demand is higher than supply they may:

  • inline encourage buyers to compete against each other
  • inline refuse to discount
  • inline insist on excessively ambitious asking prices ...

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