Rental properties are a great investment, but purchasing them requires careful consideration. This is particularly true when buying property within a strata scheme. Strata schemes have owners corporations which are made up of all the owners of properties within the scheme. The corporation is charged with repairing and managing the common amenities such as gyms, lifts, driveways and pools within the property. It also sets the regulations that all owners and tenants should adhere to.
In a bid to avoid commission fees, some people try to sell their homes without the help of a real estate agent. However, this is rarely, if ever, a wise decision. Here are two reasons why you should use the services of a real estate agent if you decide to sell your property:
They will help you to make your property more appealing to buyers
Depending on where you live, there could be dozens, if not hundreds of other properties for sale in your local area.
Many first-time home buyers tend to be confused about the process, but they may be especially worried about what happens on settlement day. In fact, they may be so worried that they may think it's likely to be more of a judgement day than anything else! It helps to understand the entire process involved and to be as prepared as possible, so that this all-important day goes by without any problems.
Home ownership is an ultimate dream for many people. However, buying a home can be an intricate process and any useful information touching on real estate will come in handy. Here are six things you must do before buying a home.
1. Get a resourceful real estate agent
Before budgeting, you might find it useful to arm yourself with relevant information on the prevailing market prices and even have a chance to see the properties for comparison.