Homebuyers mostly get confused when they have to decide between under-construction and ready-to-move-in properties. Both these properties serve different purposes, so it’s vital to know their advantages and disadvantages. The below guide will help you know which one will benefit you. Though owning an under-construction home/property is easy, it comes with its share of risks, such as delayed...
Real Estate
The real estate sector has seen extraordinary changes over a couple of years. People are now looking for everything from sustainable homes and smart technologies to preferences for co-living spaces and affordability. As per experts, these trends will dictate the next 10-15 years, so whether you are searching for a property for living or earning profits, you should know about the trends that will...
Real estate attracts those investors who want to buy their dream home and also those who want to earn profits from buying/selling property. However, with so many factors and complexities in real estate investing, seasoned investors and newbies can commit mistakes. Here is a list of some common mistakes you should stay away from while investing in real estate. 1. Making no plan Making a plan is...
Traditionally, real estate players advertised through newspapers and billboards, but the growing popularity of social media has attracted many businesses to it. Now, sellers and buyers are actively using it to get the deals they are looking for. Through social media, real estate businesses share their advice and create a dialogue with their clients, which helps them sell their properties fast. We have...
Many people think that they have to pay only one time to become the owner of a property. But in reality, they have to pay small amounts to the government as property tax to keep their property ownership. The government levy property taxes on property owners to generate income for development. So, one has to give these taxes annually to civic bodies across India. Below, we have to discuss everything...
Downsizing is a daunting process in which one has to sort out years of belongings and make tough decisions about what to keep and what to get rid of. Also, it is difficult to feel good about downsizing if you are shifting because of financial distress or health problems. But we are not here saying these are the only reasons for downsizing- Some may move to simplify their life, reduce their carbon...
Have you agreed to buy a home, chosen the mortgage and now thinking about whether you require a home inspection? The answer is yes- you need it because there can be hidden problems in the home that you may not have seen during the tour. Due to this reason and the following six, buyers should always get their house inspected before purchasing. 1. Provides you with the option to walk away A buyer...
Selling a home/property is challenging, especially for the first-timers. And when there are many options, buyers often overlook properties with defects. Homeowners who take the time to clean, stage and fairly price their property are more likely to grab a better deal. Below are six tips that will help you sell your property in today’s competitive real estate market. 1. Improve your curb...
Loan to buy a house, pressure to buy a house When it comes to getting a mortgage, you have to consider the type of loan. Adjustable-rate loan mortgages (ARMs) and fixed-rate mortgages are the two main types of loans. The initial low rates of adjustable-rate loan mortgages can make them appealing, but everything comes with pros and cons. And similar is the case with fixed-rate mortgages. Below are...
A home purchase is one of the major purchases that anyone makes in his life. Finding how much one can afford can help them get a pre-approval mortgage and save them from expenses-related trouble later on. Although homebuyers know about expenses, such as closing costs and down payment, they must also know of other costs associated with ownership. Insurance, property taxes, and regular maintenance are...