Real Estate

Home Survey 101: A Look at the Advantages and Disadvantages of Different Home Surveys

Home Survey 101: A Look at the Advantages and Disadvantages of Different Home Surveys

Real Estate
Tens, if not hundreds of thousands of people will buy a new property within the next year or two. Only 20% of them (only one in five) will actually bother to find out if the property is properly valued, and if there are any substantial issues with the home that need fixing. It’s sad, because the person who doesn’t spend money on a home survey ends up spending (on average) about £5000 in the first year alone. Some spend up to £30,000 because they find out too late that the timber is affected by rot, for example. Buyers – especially first-timers – are often either unwilling to pay for the survey or don’t understand the importance of it. Are you planning to buy property soon? It pays to think the process through. Here’s your home survey 101: a look at the advantages and disadvantages o
How To Prepare Yourself For Becoming Real Estate Entrepreneur

How To Prepare Yourself For Becoming Real Estate Entrepreneur

Real Estate
The first thing to know before jumping into becoming a real estate entrepreneur is to have a broad knowledge about the market. Once you can good understanding about the market in which you will be working, it is time to decide whether to deal in residential property or commercial property initially. Experts suggest to start with residential property as it is less complex and most of the buyers have experience from buying their own home. Take note that even residential property is segregated in several categories. Next, it is important to decide whether you want to become a passive investor or an active investor. In the first case you can hold the private loan note secured and you can also do it through seller financing, money lending and tax liens. It is to note that you need to ...
Tips On How To Find The Best Property Agent If You Are First Time Home Buyer

Tips On How To Find The Best Property Agent If You Are First Time Home Buyer

Real Estate
Now it seems you have decided to buy a home. Congratulations! But do you know what are the steps required as a precautionary method to deal with an agent who will help in buying the property. Below are some of the best tips to follow before buying a home and how to find the perfect agent who can make you deal with the right person and at the right price. Take a look: Narrow down where you want to live The first thing to do is find out where you want to live in. Know the place properly as it may help in finding the perfect agent too, who will thereafter help you in finding the best home. If you are more specific in your demand, you may have better chance of finding such agent who is well experienced in the particular market and who will surely fulfil your desires. Ask known ...
Things To Know For First Time Home Buyers

Things To Know For First Time Home Buyers

Real Estate
Before buying your first home it is suggested by real estate experts to know the area very well. To understand the place it is suggested to walk around it in the morning, in the evening and even during the day time. Toddle across the lanes during the weekdays as well as during weekends. Apart from knowing, it is also recommended to get the home inspected by a licensed home inspector so that you get what you pay for. Meeting a qualified mortgage representative should also be high on card as he or she is capable of determining how much you can afford and to show you details about the monthly payment. More to all these, prices of the home you are about to buy should have trended high in past few years as you may get good money when you decide to sell in near future or if you want...
How To Bid For Property At Auction

How To Bid For Property At Auction

Real Estate
If you take the risk and know how to buy property at auction, you will save more on offer. However, you need to know several important things before registering for it. Below are those. Finding an auction The first and foremost thing to do is to find the auction houses in your area or those sell properties near to you. Once done, get into its mailing list for auction catalogues, which will be made available few weeks ahead of the auction equipped with viewing times, guide prices and also the conditions of sale. Remember fine print Don't forget to download all legal documents from the website of the auction house. Read carefully and send to the solicitor to get suggestion how high you can bid. Usually the searches are included in the legal documents, but if it is not there y...
3 Financial Tips on Real Estate Investment

3 Financial Tips on Real Estate Investment

Real Estate
Investing in real estate could probably be one of the essential things that you need to consider in life. If you want to buy a new property to live in, then you have to begin investing on it immediately. However, this won't be easy at first. You will need a huge amount of cash to begin with your investment. A real estate is a great investment that will surely profit you over the long haul. This is why you have to do a thorough research when planning to purchase a property, especially if it is your first time. In case you live in Australia and you are up to buying real estate properties in Brisbane by Lendlease, then make sure to check it out and see if it meets your demands and preferences. Property investment is about securing your financial future. You need to think about it ah...