How To Sell A House And Lot

sale1

There are times you think you are incompetent doing some things that are not your field or expertise. On this venture you come to prove something to yourself. Selling a property is crucial but if done with proper documentation, legitimacy, good faith and consent of both parties buyer and seller, transaction will complete in due time.

In my own venture, it took around ten months more or less to sell a house and lot of the transfer of property from parents to heirs of a clean title. You can seek the assistance of a broker, a lawyer, or a realty firm, among others, to help you with the processing of papers. Each office takes two, three or a month to stamp approval or release.

In the process of documentation, you need a set of photocopies of applications, receipts, affidavits, claim stubs, and other certificates. Label them in safe folders and keep in a bag so any time an office requires a copy, you have one available. Should a file be lost, certified true copies could be sought from the proper government offices.

Here are three steps from Attorney Glicerio Alarkon Jr. (San Beda College of Law), of whom I sought help for

U.S. Real Estate Predictions for 2016

RE1

This is my special edition for real estate predictions for 2016. The first edition went unpublished since they were so accurate and spot on, that even I was concerned as to how prophetic can a real estate professional be about such matters! Case and point: My predictions for 2015 were far better than one could have anticipated. This was especially so, since Federal Reserve Chairman Janet Yellen pulled a Babe Ruth two weeks ago, by stepping up to the plate and raising interest rates; but not before pointing up to the far bleachers, to signify an approaching homer for all the naysayer bond holders out there who said it couldn’t be done.

And although the standard fare amongst those that “in the right” about all matters real estate related, my edict will not contain the ominous thirteen predictions — but a very lucky seven predictions — since that was the same number value of last year’s predictions.

And like an athlete that doesn’t change his jock strap when on a winning streak (that will eventually result in a visit to dermatologist), this real estate writer will not change course and deviate from seven predictions. A re-peat if you will, as I

Real Estate – Investing for Retirement

ret1

Currently, this is one of the better ways of investing money but the main drawback is that it requires a lot of liquid cash but the returns are better than other investments. Before investing in real estate check out all of the loopholes before you invest. It is more than just living on a piece of land. Investing in real estate offers plenty of lucrative opportunities but it can be more complicated than dealing in bonds and stocks. Here are some ways you can invest in real estate.

Real estate trading

This is the fasted way of making money in the real estate market. The traders will purchase properties from owners with the intent to hold them temporarily and then later sell them for a better profit. This practice is also referred to as Flipping Properties. Traders will normally purchase properties that are very high-priced or highly undervalued. Sometimes when a trader purchases a property with a low price they will try to increase the value by doing some renovations. By doing this it can actually result in the trader getting a huge profit when they sell.

REITs

This stands for the Real Estate Investment Fund and is one of the easiest ways

Current Reflections on the 2016 Real-Estate Market

“The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate.”
–Benjamin Graham, American Economist and Professional Investor (The Intelligent Investor: A Book of Practical Counsel, Harper & Row, 1949)

In the United States, the family home has represented both the single-largest household expenditure and the primary store of wealth for families over the past century. However, “gaming” the market (betting on and against Mortgage-Backed Securities) disrupted this general sense of equilibrium for many Americans as home prices rose to unaffordable levels before crashing down, wiping out family savings.

The book and recent film The Big Short gave us some of the true story behind the largest Real-Estate Bubble in modern history. Was this the end? No! Many matters did not unravel quickly and the recent course of time has presented many new challenges to us.

Some of us may remember growing up in an era when our parents explained to us that purchasing a home was a long-term investment. Unlike stocks or other speculative investments, the return on family real-estate was expected to be modest but solid. The common philosophy was

When Should You Move Out of Your Home Office?

Are you running your business or carrying out your business operations at home? Don’t you think you are missing out something? Have you ever thought how it would be to operate within a dedicated work space of your own? Are you aware of the wide range of benefits that an office space can provide you? These are the most common questions asked when someone hears that you’re still working out from your home office.

Of course, there may be some solid reasons for you to be there, but you should also be aware that a professional environment can make a huge difference to your business. So when should you move out of your home office? How to glean the benefits of a dedicated office space?

Are you financially stable? Move right away!

Well, there might emerge a situation where working at home office can be a great hindrance for the future growth of your business. Though the main motive behind your home office is cost savings, it can also be a reason for your business not earning to its full potential. The answer for the question “When to move out of home office” is when you’re financially stable to do so and

External Property Improvements: Adding Value To Your Home?

When choosing improvements to your property, be careful just how far you go. Believe it or not, it’s possible to “improve the value of your home too much”. Real estate insiders advise that before making any major visible improvements to increase your home’s value, take a look around your neighborhood. Is the project you’re planning in step with the rest of your neighbor’s standards?

For example, adding lavish wrought iron gates to your driveway can increase the value of an upscale home, but in a neighborhood where they look out of place, this may not be the case. Prospective homebuyers may not be able to afford the extra cost you’re asking in order to recoup the money you spent on the project, so keep this in mind with any investment in the outer appearance of your home. However in some cases you could anticipate not only adding value to your home, but also making is more appealing to prospective buyers with an investment in metal gates, or wooden gates, depending what designs best suit your property.

In an area when security is a concern due to adjacent higher crime areas or because the location is one often targeted to due higher

The Top 10 Office Lease Expenses

Leasing a New Commercial Office Space can have hidden costs and fees; they are:

1. Rent – Generally your biggest expense as it relates to your lease. Is the rent based on usable or rentable area and how does your landlord measure your lease premises?

2. Additional Charges (taxes, insurance, common area maintenance and utilities) – Know what they are and have estimates for the amount of each. Have you asked your landlord to cap these expenses?

3. Lease Term – Often times tenants get rewarded for committing to a longer-term lease with a lower rental rate. Have you negotiated a cancellation to create flexibility for your business?

4. Rent Escalations – Do you have any and if so how much are they? Tenants forget about this. Are the increases based on the net rent or gross rent? If they are on the gross rent you may be subject to double increases.

5. Security Deposit – Are you expected to pay one? How much? Is your landlord requiring a personal guarantee or a letter of credit?

6. Pre-paid Rent – Know if this is a requirement and how much.

7. Tenant Improvements – What will your costs be for getting the space ready for occupancy. What

Tips on Leasing Commercial Real Estate

For some small business owners and entrepreneurs leasing commercial real estate can be a confusing process. These types of investments involve quite a bit of money and if you make the wrong move, it could result in a big loss for the owner. Today, most of the new commercial real estate begins by leasing office space. This is a less expensive alternative to buying a new space. Here are some tips on how to lease this type of real estate. The first thing that you should do is start to develop a proper network of experienced contractors, real estate brokers, and investors are necessary in order to find the best deal. You should also take the help of local professionals. They can provide you with useful contacts and leads. Read city and local newspapers so you can understand the different aspects of the real estate market. Having knowledge of the current market statistics will help you have feasible and profitable lease rent.

Now you need to find a tenant that is reliable. You should look for those that have a good business reputation. If some damages occur to the property, the owner will have to get it fixed. This means

7 Tips For Buying a Property

Buying a property requires a good deal of research. Even if you are from the same place, you have to take care of a lot things before buying a house or apartment of your choice. Given below are 7 tips that can make the process a bit less stressful for you.

Location

As far as buying a property goes, the most important things is the location. Locations with facilities, such as hospitals, schools and parking lots are a great choice. Properties in these areas cost a bit more, but worth the extra price paid.

Haggling

Just because a property is on sale at a certain price doesn’t mean it’s worth the higher price. Moreover, the seller may not have taken an oath to sell it at the listed price no matter what. So, do your homework, find out the prices of other properties in the same area and then negotiate with the seller.

Go for a less sought after property

For instance, you can go for an apartment built above a popular shop. The apartment may offer more than enough space to meet your needs. Moreover, it may not cost as much as other apartments.

Control your enthusiasm

If the vendor or real estate agents comes to