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Tag: property

Proven Tips For First Time Property Buyer

Proven Tips For First Time Property Buyer

Real Estate
If you are in Bristol for past couple of years, you may have noticed the property market is taking a steep northward turn and if taken a look to the data of Hometrack, in 2016 there was a price rise of 14 percent. In such a growing market it becomes a bit tough for first time buyer to find the right property. Below are some of the important tips for such buyers from Bristol mortgage broker Fox Davidson: - The first and foremost thing to do if you are a first time buyer is to ensure that your credit file is in order. Take note that good credit score is paramount to securing best interest rates. Don't make any delay payments which are debited through your bank account or which directly affects your credit score. Also, try to remain within your overdraft and credit card limits. - Do...
Is Running a Rental Business Right for You?

Is Running a Rental Business Right for You?

Real Estate
You’ve been thinking of dipping your toes in the rental business for a while, but the idea of investing in real estate for the first time can be a bit daunting. And if you plan on being the landlord for said property, that can be even more intimidating. Alternatively, this can be a very rewarding gig or side gig—financial and otherwise. So is running a rental business right for you? Do You Enjoy Home Improvement? Sure, you can outsource work on your rental property but, again, keep in mind that’s more cash out the door. If you’re a DIYer and actually enjoy puttering around the yard and making improvements to the house, this could very well be a dream gig for you. And the thing is you need to do these tasks to get what’s called “sweat equity”. As Trent Hamm of The Simple Dollar no...
4 Tips For Amateur Real Estate Agents

4 Tips For Amateur Real Estate Agents

Real Estate
Real estate business is not an easy cup of tea for a new and young investor. Here we have some valuable suggestions how to deal with the industry by being technically correct and emotionally perfect. You can henceforth start with amateur and proceed onward successfully. Check below four tips and try to implement in your style of doing property business. Also, do not forget to put down your own views or suggestions in the comment box Think mind like bucket and seal it This is well said. Think your mind like a bucket and you need to constantly fill it up, but over the course of time we many times forget things. This means we can be losing important facts and keep remembering which are not really important to us. It is highly suggested to seal your bucket and try to filter carefully...
A Guide To Convert Online Property Leads To Real Clients

A Guide To Convert Online Property Leads To Real Clients

Real Estate
One of the biggest challenges in property market is converting leads into clients. This is an era of online marketing and most the queries come through websites. Below are some basic tips on how to close such leads. From online to offline The first and foremost suggestions every experts would give is to bring the online leads to offline platforms. If you meet someone over chat or mail who wants to talk real estate, it is important to fast forward the conversation by switching to a phone conversation. If you see the lead as prospect over the online platform, ask the client to set up a quick phone call. It is a step ahead in building up good relationship and also a step closer to meeting face-to-face. Expectations After a phone call you may find out the prospects may be wi...
Common Tips To Avoid While Investing In Property

Common Tips To Avoid While Investing In Property

Real Estate
If you are a first-time property buyer, it is obvious you may make mistake and lose money while selling it. Below are some of the common practices seen among many property investors who have failed to make money. It is strictly advised to avoid such errors and buy a property with much planning as you will be investing your hard earned money into it. Purchasing wrong property Plan out your property purchase properly. Off-the-plan may turn to be risky. You may land up paying more and when time comes to settle after few years, the bank may value it less comparatively. You thereafter may lose your deposit. Ignoring fineprint Don't ignore the fineprints. You may land up buying a cheaper flat that is owned by a company and at the disposing time you may find hard to sell. You may ...
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 of di...