Once you’ve decided to sell your property, preparing it for sale and getting it in front of the target audience is crucial. Great photography and a brilliant description are the basics, but potential buyers still need to know your property is for sale. The real estate market has returned to more of a balanced market.
If you’re new to property investment, you may not have heard the phrase rental yield. This is the term used by investors to calculate the return they will get on a property. How to calculate rental yield There are two types of rental yield: Gross rental yield Gross rental yield is the annual income (rent).
While there is talk of a depressed market, and some people are holding back, we believe a smart investor knows that the perfect time to buy is when others are not….. The canny investor can find themselves some good bargains if they think a little bit laterally and think beyond the usual four walls and.
Like the economy, the property market is always up and down. Strong capital growth is always followed by a period of slower growth, no growth or on some occasions declining prices. If you believe the media, you’d never buy or sell a property; one week it’s all good, the next it’s all bad. Having been.
We believe landlord insurance is an absolute must when it comes to your investment property and its worth doing your homework and checking what is and isn’t covered, the amount covered and what your excesses are. Some insurance companies offer a combination of both home and landlord cover, but they may not provide adequate cover.
Thinking of selling soon? We’ve got 4 ways to save if you list your residential property with us For Sale by 30th June 2019 (does not include those listed to be sold via Auction): Free Conveyancing We will arrange for the conveyancing to be completed on the sale of your property by our local real.
Granny flats are rapidly increasing in popularity as they offer a diverse and affordable housing solution with two main benefits: Additional income Whether you are building onto your residential property, or on your investment property, a granny flat is a great source of additional income. What you will need to consider though is whether the.
Most people work on the rule of thumb of buy low and sell high – but when is a good time to buy and when is a good time to put your property on the market? The real estate market generally falls into three categories: Buyer’s markets Buyer’s markets are when the market favours the.
Some say, once you have bought a property for an investment, you should never sell it. However, like everything in property investment, or any other types of investing for that matter, there is no hard and fast rule. When to sell an investment property will vary according to goals, and of course, personal circumstances. People.
One thing we often get asked is what is the difference between a market appraisal and property valuation of a property. There is a difference, and it’s important to understand the difference so you know when to use them and why the appraisal figure may differ from the valuation figure. Market appraisal Appraisals are carried.