Checklist For Buying Resale Property

Posted by admin under: Buy Property Oct 30
You might be running out of patience while planning to purchase property. Sometimes getting the property possession may take 3 to 4 years. To avoid such delay, many opt for buying resale property. But, since you would be buying an already used estate, you would have to go through proper checklist for buying resale property.Important Checklist for Buying Resale PropertyCheck whether the property is included in the government registry or not. Make sure that all the documents related to the registration of the property are available. You may also take help of legal experts to verify the authenticity of the papers.Finding the debt status is an important part of checklist for buying resale property. If the property is under mortgage, then check its debt status and whether it has approvals from authorities or not. Also, ensure that the property tax, water charges, society tax and electricity bills are paid by .. more»

Key Facts in Doing a Market Rent Review in Commercial Or Retail Property

Posted by admin under: Property Brokers Oct 29
From the property or leasing manager's perspective, a lease rent review to be done on a commercial property must be undertaken in a professional manner, and mistakes or misunderstandings must be kept to a minimum. So what is the right process for setting a rent in this market? Consider this: The purpose of a market rent review is to ensure fairness to both parties. That being the landlord and the tenant. To the landlord, a good rental is that which recognises the property's value so as to recover a reasonable return on the property. To the tenant, ensuring that what they are paying by way of rent is a fair and reasonable and is a reflection of market forces. The rent must be one of the many reasonable overheads involved in running a business.Retail Rental?Rental is an interesting balance in a retail shopping centre far more so and as contrasting .. more»

Auction Site Review – What You Should Know

Posted by admin under: Online Auction Oct 21
Auction.com is an auction site that is dedicated to real estate auctions. After registration you can place bids online or at live auctions in person. The online auctions are billed as Flash auctions and seem to be a bit rare, the majority of the auctions are held live in real time and in person.Auction.com bills itself as the "global leader in real estate auctions" this is a pretty broad statement. The landing page informed me that there is "20 years of expertise", I was not really sure who or what expertise was being referred to.I decided to try the chat feature so I could get some of my questions answered because there was just too much information to filter through on the FAQ page. No one answered! I attempted a few times through out the day to get a response but I couldn't so that was a bit of a .. more»

Why A Land Contract Is An Intelligent Way To Sell Property

Posted by admin under: Sell Property Oct 17
There are many things that will dictate whether you should consider selling your property on a land contract. The quality and desirability of the property, the quality of the market, the number of sellers the market, consumer demand in your area and your motivation to sell the property. If you are motivated seller competing to sell your home, you may want to consider selling on a land contract. There are a few benefits as follows:1. If you sell for sale by owner and offer a land contract, you eliminate real estate commissions and increase the number of prospects who will be interested in purchasing your property.2. Selling on a land contract provides a way for you to receive a steady income stream over the life of the land contract. In this way, you have both the benefit of ultimate ownership until the contract is satisfied and the income stream like .. more»
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