tag:blogger.com,1999:blog-29462950713159527872024-02-08T11:03:13.877-08:00Better PropertyUnknownnoreply@blogger.comBlogger15125tag:blogger.com,1999:blog-2946295071315952787.post-56655199994543468372011-06-17T02:21:00.001-07:002011-06-17T02:21:22.339-07:00Property Under ConstructionFor a project under construction, you should ask for the allotment letter and development agreement. The allotment letter contains details regarding the agreed price, payment and construction schedule, house plans, delivery date and builder's liability in case of late completion or problems after possession. It is issued to the buyer upon payment of the 15% of the property value to the developer. The development agreement is inked between the builder and the landowner and contains details regarding the terms and conditions on which the landowner has permitted development of his property.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-56634894575384317392011-06-17T02:20:00.001-07:002011-06-17T02:20:55.077-07:00Investing in property - shared ownershipShared ownership of property as a live-in home, holiday residence or ‘To Let’ investment is a viable option to finance your first property or to enter the property investment market. Whether you co-invest with a partner, spouse, friend or family, be sure to construct a solid legal foundation for this relationship.<br />
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An attorney should be consulted without hesitation to draw up a contract for every form of shared ownership, regardless of the investors’ relationship. This contract should specify roles, contributions and what should be done in the event that friendships dissolve, couples separate, one party sells, another wants to buy-in or an investor dies. A pre-emption clause ensures that when one party leaves the investment – for whatever reason – theirshare in the property will be offered first to existing shareholders and then to other parties.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-50206365116157367832011-06-17T02:19:00.005-07:002011-06-17T02:19:49.353-07:00You and the Seller Must Agree on Some ServicesSettlement and Escrow<br />
Title Insurance Companies<br />
Termite and Pest Inspections<br />
Also, cheUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-53885742793815250832011-06-17T02:19:00.003-07:002011-06-17T02:19:28.717-07:00How Financing Details Affect Your OfferDown Payment<br />
Interest Rate<br />
Closing Costs and Financing Incentives<br />
Seller Financing<br />
Cash OffersUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-50952990157928694992011-06-17T02:19:00.001-07:002011-06-17T02:19:13.291-07:00Writing an Offer - Safeguards Regarding the PropertyDisclosures From the Seller<br />
Condition of the Property Upon Transfer<br />
Inspections You May Require<br />
Final Walk-Through InspectionUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-67238827539468668812011-06-17T02:18:00.005-07:002011-06-17T02:18:56.360-07:00Offering to Purchase Real Estate- the BasicsIntroduction and Overview<br />
Contingencies in a Purchase Offer<br />
Earnest Money Deposit<br />
The Closing Date<br />
Transfer of PossessionUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-41767060788658639892011-06-17T02:18:00.003-07:002011-06-17T02:18:37.735-07:00Comparable Sales and Your Offer PriceDetermining Your Offer Price<br />
Comparable Sales in the Public Record<br />
Comparable Sales in the Multiple Listing Service<br />
Comparable Sales - Pending TransactionsUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-74866206781706553502011-06-17T02:18:00.001-07:002011-06-17T02:18:16.255-07:00Buying a Home With Resale Value - the HouseA Home With a View?<br />
Lot Choice and Landscaping<br />
House Size<br />
Bedrooms & Bathrooms<br />
Closets, Garage & Laundry<br />
Kitchen<br />
Fireplaces<br />
Swimming Pool?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-16152548500128300862011-06-17T02:17:00.005-07:002011-06-17T02:17:58.587-07:00Buying a Home With Resale Value - LocationLocation, Location, Location?<br />
Location - Local Community, Town or City<br />
Location - the Local Neighborhood<br />
Location - the Residential NeighborhoodUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-22042168893254748522011-06-17T02:17:00.003-07:002011-06-17T02:17:33.280-07:00Why Search for A Realtor?Finding an Agent by "Accident"<br />
Listing Agents vs. Selling (Buyer's) Agents<br />
Should You Call the Listing Agent?<br />
Agent's Advertising - Is the Purpose What You Think?<br />
Finding Your Own Realtor<br />
Some Basics About the Search<br />
How to Conduct the Search<br />
Interviewing A Good Realtor<br />
When the Agent Asks You for an AppointmentUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-24886552545372477242011-06-17T02:17:00.001-07:002011-06-17T02:17:11.264-07:00Why Buying a Home is a Good IdeaThe Best Investment<br />
Income Tax Savings<br />
Stable Monthly Housing Costs<br />
Forced Savings<br />
Freedom and Individuality<br />
The Business Cycle and Buying a Home<br />
Looking Ahead - Buyer's Remorse<br />
Buyer's Remorse - Did You Make a Huge Mistake?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-5630873122252776122011-06-17T02:16:00.003-07:002011-06-17T02:16:31.762-07:00If you can't put down the usual 20 percent, you may still qualify for a loanThere are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a down payment as small as 3 percent of the purchase price.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-45475913616852895132011-06-17T02:16:00.001-07:002011-06-17T02:16:09.984-07:00Aim for a home you can really affordThe rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you'll do better to use one of many calculators available online to get a better handle on how your income, debts, and expenses affect what you can afford.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-86804957298652460062011-06-17T02:15:00.003-07:002011-06-17T02:15:52.141-07:00Don't buy property if you can't stay put.If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner - even in a rising market. When prices are falling, it's an even worse proposition.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-2946295071315952787.post-51493667905762209292011-06-17T02:15:00.001-07:002011-06-17T02:15:07.940-07:00Drawbacks to Buying LandFinding skilled craftsman willing to travel might be difficult. Some might not show up as promised and may want higher wages to compensate for the distance. Transporting building materials and paying for delivery will likely cost more over building a home in the city.<br />
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Although modern conveniences are available, they aren't always reliable in the middle of nowhere, which is why many home owners in the country use generators as a back up when utilities fail. Going into town for groceries and other shopping needs generally requires planning and long trips. If it snows, and the roads aren't promptly plowed, you could be snowed in for days.Unknownnoreply@blogger.com0