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Buying & Selling

Things you should avoid when buying a house

So you’ve finally decided you’re going to get a house. Great! Have you thought about everything though? Even if you have your finances in order, there are plenty of things to consider before purchasing a home. Plenty of things most people will never tell, things you’ll only discover after making mistakes the first time round. Rather than letting you learn from your own mistakes, we’re going to give you some truly life-saving tips on things you should always avoid when buying your perfect house.

Don’t get too attached

You’re buying a house not a puppy, so don’t get emotionally attached to it before you’ve even given a bid. Purchasing a house purely based on your emotions alone is the worst thing you can do. Not only will you be sad to lose out a bidding war, but you might be tempted into making some poorly-judged financial decisions which can ruin your life. Go with your instincts not emotions. Recognize when it’s time to stop a bidding war and call it a day. Otherwise, you’ll end up paying extraordinary money for what might otherwise be an ordinary house.

Scout the area

A lot of times we get too attached with the idea of living in a certain area without knowing too much about it. Perhaps you’ve heard about it from family or friends, or even read great reviews on Google. Well guess what? That doesn’t have to mean anything. Whenever you have some free time on your hands drive by the house and do a regular commute from there to work. Make sure it isn’t too far away and ensure you like the area. A great thing you can do is to use PeopleFinders and conduct an address lookup on the property. They’ll do a public records search and give you detailed info on the address, including who lived there previously.

Bidding is an art form

Bidding isn’t just throwing money at the property until it’s somehow magically yours. It’s a science in and of itself. There are basically two rules, two figures you have to remember when bidding: what you think the house is worth and what you can actually afford. Start with a bid you think is reasonable and work your way up from there. That way, you won’t offend the seller and you leave yourself some headspace to the upper limit of your budget. Look at similar homes in the neighborhood and find out how much they are going for. Talk to the neighbors too, they’ll be more than willing to answer some of your questions, especially if it means they might be getting a new resident in their neighborhood.

Conclusion

The most important thing is to think logically and rationally. Wait for the perfect opportunity to strike. Come in with a reasonable bid at first and if you have to, stretch it to the outer edges of your limit. Know when to stop and quit though. Remember, there are hundreds of similar houses o

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Buying & Selling

The Top Things to Consider When Buying a New Property

Investing in a new property is a huge undertaking. Whether it is an empty lot or has an existing home on it, you want to make sure your investment will pay off. Even if you don’t plan to ever re-sell the land, you want to be sure that you will completely enjoy the area during your time spent there. Use the following information as a checklist of often overlooked factors when purchasing acreage.

Climate

It may be a beautiful, sunny day when you are shown the property, but this may not be the norm. Carefully research an area before buying land there. Tropical climates can be heavenly during the winter months, but the heat and humidity can be unbearable in the summer months. The changing seasons can be amazing in the spring and fall in some locations, but you will pay a price for it when the snow is piling up in December.

Man Made Risks

Even if you aren’t an environmentalist, there is reason to be concerned with what is happening in an area where you want to buy property. The complications involved with windmill fields can drive property owners crazy and destroy the resale value of land. Even a coastal beach home comes with risks. Check for things like offshore Gulf of Mexico Intervention and regulations. Check for safety measures provided by places like PRT Offshore.

Natural Disasters

Mother Nature will find you no matter where you live, but you can look for things that reduce your risk of injury or property loss. If you find land located in areas that are prone to tornado activity, be sure to build with a basement underneath for protection. Homes in earthquake areas can follow specific building codes that can help reduce the chances of damage to the house’s structure.

Wildlife

Even city dwellers wrestle with wildlife from time to time. Pigeons, squirrels, and raccoons can wreak havoc. Forested areas are appealing, but be prepared for coyotes, bears, and other animals. No matter where you live, do some research on ways to protect your land. For example, you wouldn’t put a pond in that attracts alligators if you live in Florida.

If you keep all of these factors in mind as you search for the perfect property to invest in, you will be ensuring your success. The land will have a better resale value, and you will enjoy your time spent there. Many times people simply look at how beautiful a lot is and forget to further investigate these crucial items.

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Buying & Selling

Mumbai Real Estate Forecast for 2019 – Buy Properties at Best Prices

India is one of the fastest growing countries globally at the moment and is poised to become a superpower in some decades. Many manufacturers, multinational companies and real estate developers have set their eyes on India. It is because the nation is expected to compete with neighbors such as China.

Compared with other countries such as China, Vietnam or the Philippines, the real estate market has not performed well in India. The demons of demonetization have crippled the market, and its effect is slowly being stabilized in India.

In India, Mumbai is one city that has been on the forefront to offer anyone with the best of the real estate properties at a competitive price. The property rates in Mumbai are showing an upward trend, and the trend is expected to be up in 2019.

Hence, if you are willing to invest in a property in Mumbai such as the Puranik Grand Central, it could be a good move. The property rates in Mumbai are good enough, and with the trend showing an upward trend, you can get a good ROI later.

Here are some tips that will help you grab the best property rates in Mumbai

-> Ways to get the best property rates in Mumbai

1) Study the market

The first thing before buying a property in Mumbai should be studying the market. You need to know if it’s a seller or a buyer’s market. There are more sellers than buyers in a seller’s market. On the other hand, there are more buyers than sellers in a buyer’s market.

Hence, if it’s a seller’s market, your probability of negotiating for the best property rates in Mumbai also goes up. Therefore, ensure to analyze the market before investing in a property.

2) Shop around and compare deals

While analyzing the best property rates in Mumbai, you may come across many real estate builders. You may get some amazing deals which may worth believing. However, it can also be a marketing strategy to attract buyers.

Thus, to ensure that you go for the best property rates in Mumbai, you should compare all deals online. You can do that at a third-party website where you can compare all available offers and pick up as per your needs.

3) Check the influence of brokers and financers

You should also check the availability of financers in the market and the impact of brokers in the property deal. Unfortunately, Mumbai does not fare well on these parameters. You should know that the scope to negotiate property deals is lower in markets that are controlled by brokers and financers.

Some of the best tips to help you grab the best rates property in Mumbai are now discussed. Following them can assist you to go for the best rates in the maximum city. If you are unsure, you can consult a known real estate expert to get started.

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Buying & Selling

Selling A Home Fast Is Easy, Just Follow These Steps

Many people say that buying a home is easy but selling a home is very tough. I agree to a point but selling a home can be as easy as buying one and it can be achieved by following these steps:

  • People who find it tough to sell a home usually think like a seller and this is the biggest mistake a person can make. When you want to sell a home you should think like a buyer. You should look at your home from the buyer’s perspective and when you do that you will find faults in your home, faults that you would have easily missed when you think like a seller. As the saying goes, ‘put yourself in the other man’s shoes’, you should do that and when you do that you will find the solution you so desire.
  • Firstly ensure that the outer part of your house looks good. Check the walls and if needs to be painted, paint it or get it painted. If you have a lawn, ensure it is trimmed, the trees are pruned, the grass watered etc. Do not forget to paint the main door. Once the exterior of the house looks spic and span you can move inside and ensure that the interiors are great.
  • To make the interior look good, you should remove all your paintings, photographs, furniture etc and move it to self storage Corpus Christi. You can bring it back when your house is sold and you move to a new place. The things will be safe and secure in storage units and at the same time the house will be bare and this will make the house seem bigger. Keep the windows and doors open to let in sunlight and air.
  • Concentrate on the kitchen as most buyers love to check it out with a fine tooth comb. Make sure that all the appliances are working and if not get them repaired. Do a service of all the equipment.
  • The bathroom tiles if broken need to be changed, also get grouting done in both bathroom as well as the kitchen.
  • The bedroom should be painted in pastel shades to provide some warmth and comfort. Also the room should look as if it is the room one should return to for some relaxation. Again keep the windows and drapes open in the bedroom to let in air and light.
  • Never forget the garage. If you have too many things in the garage you can store some of them in the storage unit. Arrange everything neatly in the garage.