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Archive for the ‘Property’ Category

Your home is undoubtedly the most valuable asset for the vast majority of us and selling it will cost thousands. Using the money saving tips in this article should reduce the cost of moving home.

Estate Agent fees vary, so shopping around and don’t forget to haggle and pay one off against the other. You should aim for 1% commission, also push then to limit the tie-in period to no more than 6 weeks, this gives then enough time to sell the house, but if they can’t you can move to another agent without going “multi-agent” which will increase the fee to about 3%+, a big no-no! Ensure you get a fair valuation, never tell an estate agent what other agencies have valued your house at. They will use this to manipulate its offer, often resulting in wide distortions.

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The idea of pre-construction investments when it comes to real estate is actually quite a clever way in which many have made millions. The theory is simple really. Invest in a property before when it is in the planning stage. Those who will be building these buildings need money and investors in order to do get the building off the ground. By investing (in many cases basically purchasing options to purchase) in the units, typically condo units in high demand areas, before the ground is broken investors often have the option of investing for pennies on the expected dollar once the building is complete and can re-sell the property at full market value once the building is complete pocketing the difference in the original investment and the asking price. Read the rest of this entry »

Home landscaping does not just involve sticking plants into your vacant front or backyard and making it look “green”. When designing and landscaping your own home, you need to invest some time and put in a lot of creativity to beautify your front lawn or backyard.

Here are some do-it-yourself tips to landscape your lawn: First, clear the general area that you will be designing and start from scratch. This will give you a better ‘canvass’ to work with. Then, sketch the general look that you would like to have for your garden. Make a list of the plants, trees and shrubs that you can plant. When deciding on the type of plants, make sure that there will be a plant which will flower or bloom for each season of the year – winter, spring, summer and fall. For example, perennial flowers will bloom in May, but after that it will just look like an ordinary plant. Having a plant which blooms in a different time of the year would make your garden have a focal point even when other plant variants are not in season.

As much as possible, make a layered planting bed. At the back row which is the farthest from your house, plant the variants which grow the tallest. This will serve as the base of your landscaping. In the middle and front rows, put the shorter plants. Make sure that you apply this rule in every area of the garden where you plant to put in plants for a more ‘trimmed’ look.

You can also vary the design of your walls and fences.  When choosing ‘furniture’ for your garden, like a table and chair garden set, place them in an area where they can best be viewed and enjoyed. Installing a water fall is a great idea to add to the main attractions of your landscaped garden. With some hard work and a lot of creativity, you will feel great once you look out your window and you see the landscaped lawn which you designed and built yourself.

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital intensive (although capital may be gained through mortgage leverage ) and is highly cash flow dependent. If these factors are not well understood and managed by the investor, real estate becomes a risky investment. The primary cause of investment failure for real estate is that the investor goes into negative cash flow for a period of time that is not sustainable, often forcing them to resell the property at a loss or go into insolvency. A similar practice known as flipping is another reason for failure as the nature of the investment is often associated with short term profit with less effort. Read the rest of this entry »