With the ever-rising rates of houses, owning one is something that needs appropriate planning. Do not wake up one early morning and decide that you are going to purchase property till you think about a number of elements. Fortunately, East River Partners and Jody Kriss have brought you essential things you need to think about before you decide to rush into the residential or commercial property market. Check out this video:https://youtu.be/P_4PwIXz1sM Before you spend a lot of cash buying property at a particular place, it is smart to find out for how long you are likely to put up at the location. It does not make sense purchasing a studio flat when you only have a couple years to begin a household. Likewise, if you are economically unstable or you have a short-lived job, it readies to ask yourself whether it is the correct time to own a house. If you rush into purchasing a home now, you are most likely to spend more when it comes to transferring. In addition, if the costs of home because particular area fall, you will need to offer your home at a loss.