The art of finding a good piece of real estate is often learned through years of experience. People looking at a piece of land may be nonplussed as to how it is valued and priced. Not so a real estate agent- he may be the first to give an estimate of the value of the land, building or flat at the present time, considering the going rates of the surroundings among other things. You would also be able to get an estimate of its potential worth in the future in the light of its location, available infrastructure and planned future developments in the locality.

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In recent times, in Canada and United States, thousands of homes and properties are taken over by banks and Government institutions due to non mortgage payments resulting in foreclosures. Such properties are sold to real estate investors for half the price. Under such scenario, opportunities to buy low cost foreclosure homes are available in plenty for real estate investment.

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