Do you wand tips and advice about the purchase of a home? We can give you one hint: location.

Location, location, location. How many times do we hear this? Where a house is standing seems to be the most important factor in house prices.

Buy the less improved house in the best neighborhood you can afford. That is a good investment. It should not be as expensive as the others because it would be need of some repair. Now you can do the improvements or expand -which is bothersome, but not as expensive as uying the finished product- and you may end up with the best house in the neighborhood without having paid for it as much as your neighbors. Keep it or sell it for profit.