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...
Putting money into a home purchase is a terrific method to develop long-term wealth. But thinking that renting is a waste of money is a myth. Nobody can definitively determine whether a person should buy or rent a home/property because it relies on several things, including their finances and way of life. Pros of renting a home Easy moving Are you tired of your once charming...
You may want to tick off everything on your wish list when looking for a new home for you and your family, but experts say paying attention to the neighbourhood is also essential. And why not? You can update or fix your home but can not change your neighbours. Here are some points that can help you find a decent neighbourhood. 1. Visit the neighbourhood Take a walk around the neighbourhood...
Sustainable and eco-friendly homes are designed and operated in a manner that has a minimum impact on the environment. And sustainability is rising in the real estate sector because of many reasons, such as global warming, stricter government policies and many more. The real estate industry adopts green building techniques by using sustainable building materials, energy-saving equipment, and...
Technology is redefining every sector, and real estate is not exceptional. Today, buying, selling and renting a home has become a lot easier, unlike in the old days. And whether someone wants to buy or sell a property, everything can be done in just a few clicks. And it is not just real estate transactions; technology is impacting everything from construction services to home ownership. Below,...