Real Estate

Is it a good idea to pay cash for a flat?

Is it a good idea to pay cash for a flat?

For most people looking to enter the real estate ownership space, flats provide a more affordable housing option. With this in mind, is it a good idea to pay cash for a flat? At the onset, paying cash to buy your flat probably sounds like a good idea. After all, you don’t have to worry about mortgage payments and interest rates. Read on to find out if paying cash for a flat is really a good idea. When...

Property deed vs. title

Property deed vs. title

People often use the terms property deed and property title interchangeably. Although the two terms are connected, they are not one and the same. Property deed vs. title, here is how you need to look at the two when you sell your home. Property title In the first instance, when we talk about property title, we are referring to your legal ownership of a home. Property title is what gives you legal...

Is there any psychology involved in pricing real estate

Is there any psychology involved in pricing real estate

Is there any psychology involved in pricing real estate? Most academics belong to the school of thought that dissimilar prices impact our perceptions and actions. As such, pricing influences buyer behaviour expansively. Suffice to say, there is a science or psychology to pricing a property. A strategic market price will no doubt complement your marketing campaign. In addition, a premeditated market price...

Should you have a property survey when selling your house

Should you have a property survey when selling your house

In the first place, let us look at what a property survey entails. For the purposes of this article, we will look at a property survey as a document that shows property lines. Moreover, a property survey includes any land or structures as a schematic diagram. The schematic diagram highlights various measurements as well as angles. In other words, a property survey resembles a sketch drawn from an aerial...

Should I price my home below market value

Should I price my home below market value

Should I price my home below market value? Every homeowner desires of selling their home for a great price and at a premium. At the bare minimum, you need to sell your home and be able to pay off your home loan and cover any closing costs and fees. In addition, it would be ideal to sell your home for a price that allows you to make a profit that you can direct towards a deposit for your upcoming home...

What you need to know before building a granny flat

What you need to know before building a granny flat

You may have extenuating circumstances that require you to build a granny flat. For starters your adult children can make use of your granny flat on their way to financial independence. Thus, allowing them to save on a home deposit. Moreover, you can use your granny flat to accommodate your aging parents, without infringing on your privacy. In addition, you can lease out your granny flat and therefore earn...

How to assess where the property market is headed

How to assess where the property market is headed

If you are involved in real estate in one form or another then it is critical that you have profound grasp of the history of the real estate market. Moreover, you need to be in touch with the current state of the property market. In addition, whether you are a buyer or a seller you need to understand where the real market is headed in the future. A full appreciation of the direction in which the real...

Negotiating tips for home sellers that can backfire

Negotiating tips for home sellers that can backfire

For most people selling their home will constitute the largest financial transaction they will undertake in their lifetime. The more astute and savvy sellers can walk away from a property sale with a great price. However, the desire to get a good price for a home can also open the door to other tactics that might not work as well. In this article we will examine how negotiating can impact a real estate...

Things That Go Wrong With Real Estate Sales

Things That Go Wrong With Real Estate Sales

Closing a deal in the real estate market is not easy as it requires constant efforts from the homeowner, the real estate agent, or both. From a matter of days, months, and even a year, some deals are easier to close than others depending on the property type, condition, as well as the marketing efforts in place. With either selling, buying, or renting interests, people enter the real estate business with a...

Things To Consider For A Successful Airbnb Business

Things To Consider For A Successful Airbnb Business

Since its launch in 2008, Airbnb has completely changed the housing experience for many homeowners over recent years worldwide. Airbnb has opened income-earning opportunities for people owning either apartments, residences, or properties. With people flowing in large cities from different places for either work, study, or vacation purposes, Airbnb has been a great substitute for hotels due to its wider...

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