Although there is no cap or age limit to when you can buy a property, the circumstances still change depending on what age you purchase a house. Given that it is one of the biggest, quite possibly the biggest, purchase/s you’re going to make and the amount takes more than just one giving to pay [...]
One of the soundest investments that anyone can make is real estate. If you look into it, all investment opportunities such as business stakes, stocks, insurance and premiums, and the like have the risk of depreciating in marketability and value. Real estate, however, does not, it’s widely known as a commodity whose value doesn’t go [...]
Now that you’ve done the basics – prepare your property for rent, go through all the necessary paperwork, legal work, and even the nitty gritty such as cleaning and preparing the rental home or unit itself, it’s now time to find individuals who will be occupying your property. It’s time to get yourselves, tenants! Being [...]
With great power comes great responsibility. This is a quote we’ve all heard by now, and surprisingly, a quote that is applicable to most situations in life – including the economic decision of renting out your home. Renting out your home allows a flexible means of income, yes, if you immerse yourself completely in being [...]
Congratulations! You’ve got yourself a house without having to buy it, think about all the pre-purchase paperwork and even the construction itself however, inheriting property may or may not be the dream that it sounds to be. Nevertheless, once you know and learn how to navigate the processes that come with inheriting a property, nothing [...]
Like most of our major transactions such as buying a car, receiving payment for services, and the like, purchasing a house or any piece of real estate comes with a contract that serves as a memorandum of agreement between the home buyer and the real estate company or the bank. Typically called a Purchase and [...]
With inflation at an all-time high, compared to how it was 3 decades ago and several other factors such as political and cultural atmospheres, it cannot be denied that one of the three basic human needs - shelter - is becoming harder and harder to acquire. If you ask your parents or grandparents, most likely [...]
Buying a house can be an overwhelming experience, especially for first-time homebuyers. One of the important things within the process is escrow. However, not all homebuyers understand the concept of escrow, but most have just accepted it as part of their real estate transaction. An escrow is basically a legal arrangement wherein a third party [...]
