Category Archives

Archive of posts published in the category: Real estate
Mar
22

Circumstances That Make Homeowners Sell Their Family House

Selling a family house is not an easy decision. Many homeowners would want to cling on to their family houses due to personal attachments they have with their homes. However, some circumstances may force a property owner into selling the family house. That said, here is a highlight some of the leading things that make homeowners sell their family home.

What are the principal reasons for homeowners selling their family homes?

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One of the leading circumstances that may force a homeowner to sell a family house is foreclosure. The moment a homeowner receives a foreclosure notice, the only option available is to sell the house. Failing to do so will result to the lender repossessing the property. To avoid repossession by the lender, many homeowners will choose to sell their family house.

Job transfer

If a homeowner gets a transfer notice to work in a far place or even another state, he/she will consider selling the family home due to the prevailing circumstance. Job transfer to a nearby place may not warrant selling of a family home but if posted to a far place, a majority of homeowners would rather sell their family homes and purchase homes in their new working locations.

Expanding families

Some homeowners have to sell their family homes and purchase bigger homes to accommodate the expanding family. For example, a person who has a two-bedroomed house may have to sell the house if he has a family that needs a bigger house. This is an upgrade to a bigger home, which can accommodate all family members.

Elevated social class

sADaSasdcAn elevation to a higher social class is also a circumstance that can force a homeowner to sell his family house and get a better house that fits his new social class. This happens mainly when a person succeeds in his career or business and gets a lot of money to buy a new home. While it is possible for them to keep their old family homes, some homeowners may not want any form of association with the former house, which represented a lower social class.

Retirement

People who are retiring also sell their family houses to move into adult communities. The adult communities feature attractions such as golf courses, workout facilities, and backyard barbecue parties among many others. Therefore, a person going for retirement may want to sell a family house to get a new one with these attractions.…

Feb
24

Benefits Of Property Valuation Consultancy

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Any real estate project you embark on is perhaps one of the greatest in your life. Most if not all take up a lot of money, time and energy. However, approaching such a costly mega project without the relevant economic information is a significant risk, and many uncertainties can result. So, whether you are renovating a roof, building a condominium, buying or selling a property, you need to have valuation consultant by your side.

Property Valuation & Market Report will not only make you understand the market about you property plans but most importantly will give you a safe ground to invest your money. Consider this with great concern to ensure you enjoy the following benefits.

Advantages of property valuations consultants

Helping in understanding value of the property

This being a neutral consultancy, the property valuers helps both the seller and the buyer the value of the property at hand. They use factual data to make their market reports which they present to both parties. This in return helps to reach a quick consensus during the negotiation.

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Both parties also feel they have not been given a raw deal which anyway is the actual position. The property valuation consultants are sometimes involved when the deal has gone sour which should not be the case. They need to come in the picture all from the beginning.

Needed by financing institutions

If you are planning to get a house mortgage to have a finance institution fund the building of a condo for investment, then be prepared to hire a property valuation consultant. They offer the best value of the property which is a requirement before approval of any funds by the financing institution.

Protects your money or investment

There are two ways of looking into this issue. One, both parties can agree to strike a deal without incurring the valuer’s cost. However, there is a higher probability of one getting a raw deal. Therefore, it is important for either party to hire a valuer to assess the current market value and offer the best price. Just like financing institutions do, having more than one property valuer can be necessary if the project is too big.

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conclusions

Property valuation and market reports services are gaining momentum in the real estate industry as people are learning to take calculated risks in property investments. You can also hire one today to make sure that your next project is well taken care of.…

Feb
9

Top Services Offered By Professional Home Builders

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In today’s economic climate more people are opting for do it yourself jobs, but is this the best way to tighten your spending? Certain services require the skill of an expert and can present risks you can’t afford to take. Home building and all procedures involved is one of them and should be left to the experts. For more information on what such experts do visit redinkhomes.com.au. Here are top services that you should always hire a professional home builder for.

Various services offered by professional home builders

Bathroom Refurbishment

It might seem simple enough to move out old units and hook up new ones in their place, but the risks involved in DIY plumbing can go much further than a dripping tap. Bathrooms are notoriously difficult to fit to ensure there are no leaks or crossed piping. This is one service you should leave to the professionals.

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Extensions

A large project like this might present itself as simple as knocking out a wall and putting a new one. However, most extension work now requires permits which stipulate there must be a licensed home builder carrying out the work. Remember not to start a job without checking the regulations first; it might cost you more in the long run.

Roofing

It often looks so easy when a professional gets on a roof to replace the worn-out shingles and slates, but that is only because they are professionals. This risk in this area is not the replacing of the slates but staying on the roof while you do it. Don’t risk your neck when you can get this service completed by someone who knows what they are doing.

Painting and decorating

Most people consider this to be an easy choice for DIY, saving vast sums of money on home builders who charge per day, but the truth is if you are looking to sell your home or you are trying to get your deposit back from your landlord, amateur decorating is not the way to go. You need to guarantee a quality finish, and without the know-how, this is very hard to achieve. Although the service might seem expensive at the time, it will not measure up to the prices you’ll have to pay for a last-minute job or if your landlord decides to choose the contractor for you.

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Conclusions

This is not an exhaustive list by any means, but it should give you an idea of how the cost of a professional home builder and a DIY project measures up in the long run. Sometimes cheap now can mean more expensive in the future.…

Jan
22

Services Offered By A Property Buying Agent

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A property buying agent is one of the most important components of a property buying process. The part they play cannot be handled by any other person apart from an expert. All property investors who have been through this before may probably understand. However, the first time investors or home buyers may be skeptical of an agent’s services. This article will highlight for you, all the services such an agency offers regarding the property buying.

Services offered by a property buying agent

Property advice

gdfhgfhfggfhgfhBefore you even think of buying the property, it is good to understand more about it especially if you are a first-time investor. Home buyers also have a lot to figure out about what they are about to engage in. Most property buying agents are experienced, and they understand the market trends too well. They can discuss with you whether you will make a worth profit by purchasing a specific property. They can advise people planning to buy a home on the best location they can settle or the best property as per their budget.

Locating the best property

Property buying agents are approached by properties sellers from all over to get clients for them. Therefore, they usually have a variety of options for the buyers. Once you engage them, they take you for site tours to the properties, which are located in different locations. If a buyer cannot locate a suitable property, then they take it upon themselves to do a search through advertisement on their websites and other sourcing strategies. They ensure you locate the best property to satisfy you.

Negotiations

This service is one of the most crucial to engage a professional agent. An inexperienced agent will negotiate poorly and increase chances of buying at a higher price. Well established agencies have a team of experienced and professional negotiators to see through this process. Investors are keen on how this stage is conducted as they want to make more profit in future.

Buyers advocate services

sdgdfgdfgdfgfdgfBuyers advocates will help the buyer at every stage of a transaction. Their interest is to see the buyer get the best deal ever. They assist in the change of ownership process until the buyer is satisfied. Only well-established agencies offer this kind of sophisticated services.

Conclusions

Property buying agents can save you a lot of money through their various services. Th services provided above are not exhaustive. You can click on http://universalbuyersagents.com.au to see more professional property buying agents services.…

Jan
20

What step should you take before buying a home

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Buying a house for sale in ashford kent is not one of those decisions that you just wake up one morning and decide that, well, today I will buy a house. There are a lot of factors that you need to put into consideration if you are to buy that house that will suit your preferences.

Most people today prefer buying houses to building one for various reasons. For instance, some people find the process of building a house tiresome, time-consuming and need a lot of commitment to foresee the building process. If you are planning to buy a house, then you are on the right track as this article will take you through some basic steps that you ought to go through before the purchase of a house.

What step should you take before buying a home

2222kjhgThe very first step that you need to make is evaluating your current state of the family. For instance, if you have kids, you may need a slightly bigger house with enough rooms for you and your children. If your children have graduated to college or maybe married, then it means you need a small house for you and your significant other. You also need to consider the quantity of staffs that you have and the amount of space they are likely to consume.

The location of your new home

Different states have a different state of living and that why people are usually very sensitive about the place they wish to reside, the type of neighborhood they want to be in. Different states have a different class of people. You know where you fall. Its always advisable to do a little research on the type of neighborhood in the place you intend to move in. Nobody wants to live in a place where you feel insecure or lost.

Source of finance

After you have located the place and a house to move in, the nest step will be the source of funds you will use to buy the house. Are you planning to use mortgage? Do you have enough cash to pay cash or do you want to pay for it in installment? Every mode of payment has its consequences; it’s now upon you to decide which will be your source of finance.

33333kjjhgFinally, you need to approach a real estate consultant or agent to take you through all the formalities that you are likely to go through especially if you are a beginner who is planning to be a new homeowner. If possible, you can hire some of these agents to do the paperwork for you to avoid being deceived by fraudsters or lengthy procedures.…