eRealEstatePro.com: Real Estate Guide eRealEstatePro.com: Real Estate Guide https://www.erealestatepro.com/real_estate_guide/ Copyright by eRealEstatePro.com en eRealEstatePro.com Fri, 25 Jun 2021 10:06:13 -0400 How Do Real Estate Agents Save You Money?

There are many people out there who have been trying hard to sell their homes for well more than a year and still don't have any results. While Covid did put a damper on the real estate market last year, another big reason a lot of people cannot sell their homes is that they decide to list them independently, believing they will save money, and they just end up sitting on properties that won't sell. While it might not be everyone's favourite thing to do, hiring a real estate agent remains the best way to sell your home. Though the primary concern here from most people is that hiring an agent will mean spending even more money, especially once they take a commission.

 Is this true? While it is true that agents earn a commission off of selling your home, it's not true that this saps up all the profit. With the right agent in your corner, you're going to end up earning so much more for your home that you won't notice that commission. Plus, the right agent is going to help you save more money along the way.

5 Ways Professional Agents Can Save Money

1: Better Home Pricing

 Making money is saving money in the context of real estate. The less profit you make on your home, the more you end up spending overall. Therefore, having an agent who's going to list your home for the right price and actually get that price met means that you're saving a whole lot more than if you were to list independently. Even if we could cancel out those dozens of different things like deeds, mortgages, paperwork, closing costs, etc., the fact is that an agent can sell your home for a higher price. It's what they do.

2: Home Staging

 One of the best ways to turn a bigger profit with your home, and especially to ensure it has a better chance to sell, is to stage the home in a way that appeals to potential buyers. A home that's properly staged gives potential buyers an idea of what to expect and entices them to make the purchase. Home staging can be rather expensive, however. A qualified real estate agent can save you a lot of money here with the staging.

3: Industry Ties

 The right agent also has a lot of ties in the market in general. When staging an open house, for instance, this is something that's typically a pretty big expense. You're essentially throwing a party here that has to be advertised properly for a good turnout. An agent with ties in the industry can more effectively market your home's listing for far less of a cost, giving you a broader range of potential buyers.

4: Negotiation

 Negotiations can end up costing you a lot of money. Say you have your home listed for around 250, and someone comes in with 175 as an offer. Obviously, people are offering low because they expect the negotiation to go back and forth until which point they're paying less than 250. The issue here, however, is that people who don't use agents end up losing money on their negotiations, believing that the potential buyer has the leverage. This isn't the case. A real estate agent is going to command a higher price for you.

5: Saving Time

 Time is money. It's a cliché, but that's because it's true. The more time you spend selling your home, the more money you lose. Houses that have been on the market a while lose their value. You also spend more to constantly advertise its sale. Overall, you can end up losing tens of thousands of dollars if you cannot sell your home. A proper agent speeds up the entire process, which is going to definitely make you more money and save you more time.

3 Things to Look for in a Good Agent

 Now that we've established that a good agent can actually help you save money when selling your home, let's speak more about how to find a good agent. Not all real estate agencies are the same. Some are going to take a higher commission, and some just aren't as effective. Here are a few things to look for in a good agent.

1: A Local Agent

 You're likely going to do much better for saving money and selling your home quickly if you select an agent who knows the area better. Choosing locally means that the agent you go with already has a good idea about the local communities, the stats, and the comparable homes in the area. A local agent is able to get right in there and go to work for you.

2: A Good Rapport

 People who are from the area and know a lot about it also tend to care about the area. They want to keep property values up. They want neighbourhoods to look beautiful. So, it ends up being a huge benefit for you if you can build a good rapport with a local agent. You'll be on the same page and will be able to get through the process easier.

3: A Good Reputation

 You also want to make sure that the agency or agent you end up going with has a good reputation for actually selling quickly and selling for profit. There are some real estate agents out there who list the home and take credit (and a commission) when it sells, but don't really do anything special. You want to find an agent who actually works for you toward the goal.

 At the end of the day, selling a home is technically something that you can do on your own. You do not need real estate agents to hold your hand and walk you through the process. However, if you want to get through the process quickly, sell your home in a timely manner, and actually make more of a profit from the sale, then it's a great idea to go with a qualified agent.

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Guide https://www.erealestatepro.com/real_estate_guide/how-do-real-estate-agents-save-you-money-1170.shtml https://www.erealestatepro.com/real_estate_guide/how-do-real-estate-agents-save-you-money-1170.shtml Editor Mon, 21 Jun 2021 03:49:38 -0400
Renting versus buying a home – which is better? Buying a home is one of the huge financial decisions many people will have to undertake in their adult lives. However, there is also the option of renting for those who haven't decided on whether to buy or not. Nevertheless, owning a house is dependent on so many factors including finances, future plans, your age, the prevailing real estate market, and even the neighborhood. Thus, at some point, you will have to decide whether it is better to rent or to buy a house. As much as this is a big step financially, you need to know the factors to consider when deciding on which option to go for.

When is buying a house better than renting?

If you have enough money to buy a house

Even if you are ready to be a homeowner but you don't have enough money to buy the house, you will have to wait a bit longer to realize your dreams. However, if your finances are aligned and you have no other hindrances buying a house is the right decision.

Nevertheless, having enough money for the down payment should not be equated to being financially ready. Some people are so eager to buy a house they compromise on really important things to achieve that. Don't spend your tuition fee to buy a house if getting a higher education is more important. On the same note, you shouldn't be using money meant for paying medical bills to pay for a house. Besides that, don't buy too fast even if you have found a lovely house.

Putting less money towards the down payment or getting a high-interest mortgage because you haven't taken the time to fix your credit is going to negatively affect your finances in the future. Thus, be wise when making this decision.

When you found the right house

You'll probably have a mental picture of the house you want to live in even before you decide to go down that path. Note that you cannot up and leave just because you don't like the house if you have bought it already, unless you have enough money to waste. Therefore, buy a house when you have found the right one for you. This requires patience since it may be months or even years before you have found your dream home or one that can be renovated to meet your preferences.

If you’ll be living there for a long time

If you will be living in the region for more than half a decade then you should buy a house instead of renting.  Renting is expensive in the long term and instead of paying rent for five years, it would be better to put that money towards buying a house. In five years you will have some equity in the house and if you pay the mortgage fast, in a decade you may have cleared the loan. Someone who will have rented for 5 years or more will have no tangible benefit at the end of that period.

When you want stability?

Depending on your current life situation and future plans you can predict how the next decade or two are going to be like for you. If you just got engaged or just had a baby then buying a home should be in your plans. However, make sure you have picked a house that can accommodate future changes, like a growing family, so that you won't be in the market for a new house too soon than you would like. Buying a house does have other costs besides the down payment and mortgage. You don't want to be spending money unnecessarily every few years because you didn't plan for the future.

If you ready to handle homeownership responsibilities

Buying a home comes with responsibilities and many people realize that when it is too late. The house won't be in perfect condition forever. You will have to pay for repairs, replacements, and even maintenance. These are costs that can disorientate you financially if you had not prepared for them.  You need to take a look at the responsibilities you will have as a homeowner before you decide to buy a house. This gives you insight into what will be expected of you once you sign the purchase documents. Having an emergency fund large enough to fix or replace the most expensive appliances or structures in your house will give you peace of mind. It should be on your budget when you are buying a house.

Tax implications

Even if you won't be paying rent you will have to pay property taxes to the government. Defaulting these payments puts you on the wrong side of the law and attracts a fine. You should budget for property taxes besides your mortgage and other bills you will be paying to keep the house in a livable condition.

 However, there is an upside to this because you can deduct your mortgage interest when you filing tax returns to get tax relief.  Nevertheless, this is not applicable in all situations and you have to check out your state property tax laws to determine whether you are eligible or not. Budgeting for these taxes early makes it easy for you because you will never have to borrow to pay them. Taxes aren't something to keep you from owning the home of your dreams.

When is renting better than buying?

If you aren’t ready to settle down

If you are a young adult who is only getting started in life you may not have everything figured out in terms of where you want to settle down. This is the time when a lot of academic or job opportunities abroad or in other states come up. If you were renting it will be easy to up and leave the next day. Therefore, until you are sure of the place you want to live in for the next decade or more you should just rent.

When you can’t afford to buy a house

Buying a home is costly and you need a substantial amount of money to get a decent house. Therefore, renting gives you enough time to get your finances in order before making the purchase. There are lending institutions that can give you a mortgage even if you don't have any money for a down payment. Others will only ask for a 5% downpayment. Nevertheless, these loans attract high-interest rates and in long run, it may not be worth it. Also, it will be difficult to get a low-interest mortgage if you have a poor credit history. It is better to wait and save enough money for at least a 20% down payment as well as fix your credit before buying a home.

When it comes to buying vs renting, buying is the best option in most cases unless you don't have the money, your credit history needs fixing or your work or life commitments require you to move around a lot. Honest reflection on your life as well as finances will give you insight on which direction to take.

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Guide https://www.erealestatepro.com/real_estate_guide/renting-versus-buying-a-home-which-is-better-1169.shtml https://www.erealestatepro.com/real_estate_guide/renting-versus-buying-a-home-which-is-better-1169.shtml Editor Sat, 19 Jun 2021 23:13:28 -0400
5 Reasons to move to Clear Lake, Iowa

1 - Spoilt for choice

If you're considering buying Iowa real estate, then you have no need to worry. In Clear Lake IA there is so much to choose from. Suiting any kind of need or specification you may have, for example. Houses for sale in Clear Lake IA have all kinds of features and different levels of prices to suit any family or couple. Clear lake Iowa is located in the north part of the state. In the Iowa community Clear Lake is well known for always having something going on, we’ll elaborate a little more on that later i think. With real estate starting at 75,000 and going up from there, they really do have something for everyone

2 - What's going on

As I said previously, Clear lake Iowa is well known to be a place that has something going on all the time. One of the stand out features is kind of obvious as it's in the name. Of course, having the freedom to walk down to the lake and watch the sunset can be a pleasure.  Clear Lake is also a hotspot for all kinds of unique festivals and different kinds of entertainment. Meaning you'll find it hard to get bored, and i think the same for your kids too!

3 - Families are welcome

Yeah, of course it's 2021 now. It's a free country, you can do what you want can't you? Yes, but living in clear lake, Iowa. You’ll notice the amount of families that it draws in, this is a great thing for your children as making new friends and connections are extremely important for their social development. On top of that your kids won't only be making friends, you can of course as well. As i'm sure you know making friends in a new palace can be so fun and also super beneficial for you

4 - Schools

Again I'm presuming that you have kids, or at least plan for it. So if you don't skip this one and move onto the next. Whether it's private or even public schooling, Your beloved children will be in great hands and out of harm's way. Students generally have a higher percentage of grades, meaning the schools must be doing something right

5 - Get some fresh air

Whether it's you or it could be your kids that you're dragging outside to get some fresh air it doesn't matter. Clear Lake Iowa is a great place for that. In the lake alone there are a huge range of expected lake activities. From water skiing to fishing, and lots more. The park also provides you and your family with multiple options for activities like Basketball courts, trails for running and walking, playgrounds for kids and lots more. So let's just say, keeping busy on the weekends won't be a problem at all. At the same time being able to do all that whilst breathing in the fresh air, Its a win win if you ask me

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Guide https://www.erealestatepro.com/real_estate_guide/5-reasons-to-move-to-clear-lake-iowa-1168.shtml https://www.erealestatepro.com/real_estate_guide/5-reasons-to-move-to-clear-lake-iowa-1168.shtml Editor Tue, 01 Jun 2021 06:51:58 -0400
Pros and Cons of Myrtle beach Intro

Here I'll take you through the pros and the cons of buying real estate in Myrtle beach. First I'll give you a bit of background about Myrtle beach itself. Myrtle beach is a famous destination for vacationers and golf lovers. Myrtle beach’s 60 mile stretch of beaches manages to attract over 19 million vacationers each year. And I only see this number growing and growing more and more as the years go by. Why? Look at the Covid-19 pandemic, Many people are choosing regional vacations over international travel for obvious reasons. Like i said, take a look at the pros and cons and use them to see if Myrtle beach is the right place for you

Pros

Great golf communities

In Myrtle beach they offer a wide range of golf communities, Now you can find homes for sale in Arrowhead Myrtle beach for modest prices without modest facilities. Arrowhead homes real estate boast very well located homes as close to the golf action as you can get, But without the high prices

The weather forecast

Something very important especially for playing golf, Surfing or even just going to the beach to get some rays is sun. Myrtle beach has over 215 sunny days each year so that doesn't seem to be a problem

Prices

This is the number one factor most people think about when buying real estate. Myrtle beach offers very good value for money homes, This is a plus for investors and also homeowners of course. Homes for sale in Arrowhead can be low in price but also have the amazing facilities and amenities close by. I'd like to add on top of this, the cost of living in Myrtle beach is 7% lower than the rest of the nation as a whole and they are a very tax friendly state

Southern hospitality

I’m sure you’ve heard it before, But it's true. You'll notice a significant difference in people who are locals of Myrtle beach

Cons

Crime rate

Myrtle beach is a lovely place to live. But like anything nothing can be completely 100% perfect. Myrtle beach has a fairly bad crime rate, with the likelihood to be involved in a violent crime being 1 in 8. I'm sure, just like any city you've got good and safe areas. And you've got bad and pretty dangerous areas. So just keep your wits about you, just as you would in any other city in America

Vacation traffic

Like I previously said, Myrtle beach attracts over 19 million guests every year! So i'm sure you can imagine what happens when summer comes around, The roads get packed. But i'm sure the atmosphere in the city is great

Conclusion

So I hope you've got some value from this. It's always a good idea to think of the pros and the cons before making any decision. And I hope you make the right one for you

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Guide https://www.erealestatepro.com/real_estate_guide/pros-and-cons-of-myrtle-beach-1167.shtml https://www.erealestatepro.com/real_estate_guide/pros-and-cons-of-myrtle-beach-1167.shtml Editor Tue, 01 Jun 2021 06:43:17 -0400
How to choose the right condo Overwhelmed?

I thought so, Myrtle beach has a very large range of condos up for sale. With so much choice it becomes an even harder task to make your decision. Have you ever been to a cocktail bar with so many different cocktails with strange names? It's hard to choose right? I’m gonna get 2 different styles of condo here and compare them for you, after reading this you should be able to narrow down your search much easier. I'll compare them using 3 different points. Location, Features & Facilities and last but not least the price

Brighton Towers, Myrtle beach

We're gonna start at the higher price range here. Brighton towers condos for sale are considered to be much more of a luxurious kind of condo. Let's have a peek into these condos. So what do they offer?

Location

Brighton towers are located on the most wanted location of myrtle beach, They are extremely popular among vacationers as they have a the perfect oceanfront location coming of the highway 22

Features and Facilities

Brighton towers are a modern well built place, catering very well to families. They offer both 2 and 3 bedroom condos, Perfect for families! Residents of Brighton will have access to the pool, and also right next to the facility is ‘splash water park’,  a perfect place to unwind and have some family friendly fun. I guess you could call this a facility, Brighton you'll have on facility parking. This is something that is rare to find nowadays on Myrtle beach

Price

So these condos are luxurious, Like i already said. So, you will have to pay a premium price. Just like if you order an old fashioned off the menu as opposed to a sex on the beach. With prices starting from $400,000 you know what your getting is gonna be a good quality service

Compass Cove, Myrtle beach

So we've looked at the higher end, Now it's time to see how the normal people live!

Location

Compass cove is located about 2 miles from the main boardwalk, It's not the most prized location out there but it works. It's not as nice as being in Brighton located in the best position in myrtle beach but like i said, It works

Features and Facilities

To be completely fair to them, They do offer a great range of facilities. They can also cater to families for sure. All together it has a total of 23 water amenities including 4 Outdoor Pools, 2 heated indoor pools, 3 lazy rivers, 5 kiddie pools, 2 water slides and 7 hot tubs. So basically a lot. Also offering a few restaurants in the facility it surely cannot be ruled out

Price

With prices starting at $89,000 upwards, lets just say It wins here doesn't it

Conclusion

To conclude, to buy a Brighton condo for sale. You're gonna have to dig a little deeper into your pocket than usual, But you'll have a great deal of facilities and the best of the best when it comes to the location. Brighton Condos boast a lot of top class amenities, So if you're into quality. Id recommend you choose Brighton, If you want quantity, Go for Compass cove

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-choose-the-right-condo-1166.shtml https://www.erealestatepro.com/real_estate_guide/how-to-choose-the-right-condo-1166.shtml Editor Tue, 01 Jun 2021 06:41:53 -0400
5 Reasons to buy in myrtle beach

Firstly

Why Myrtle beach? What does it have to offer any more than its other opponents in the country? In this article we’ll go through the top 5 reasons why it's the place for you. Or maybe, You'll have a read through this article and decide that you're not looking for north Carolina beach condos for sale. At the end of the day it all comes down to what fits your personal interests and preferences. Myrtle beach has a lot of choice when it comes to condos

1 - Beaches

So i don't wanna waste your time, answer this question for me. Are you into water or not, I don't mean drinking water, I mean swimming, jet skiing, water slides and like the title of this paragraph says beautiful beaches. Compass cove condos have different sizes of condos, Catering to all sizes of families. And best of all some are ocean front, So you can have that view of the beach

2 - Affordable

Any realistic, Long term thinking person knows that price is important, when it comes down to buying real estate. In Myrtle beach you can find condos as low as $85,000. That's a pretty crazy price when you also consider the other benefits of living there. I've personally researched and found Compass Cove condos for sale as low as $89,000, That's a bargain in my opinion. The

3 - Investment opportunity

Like I said in the previous paragraph, realistic people think in the long term scheme of things. Buying into real estate is doing just that, Especially such a good area like Myrtle beach. Having that passive income every month will definitely help you feel a little more satiated with life

4 - Up and coming

Yes, yes I know Myrtle beach has been a massive hotspot for vacationers. People come flocking every summer to soak up that warm sun and relax, taking a bit of time away from their normal life back home. I guess you could say that Myrtle beach has had its time already, But not in my books, Not at all. Look at the COVID-19 pandemic situation. Many people don't want the hassle of traveling out of the US anymore, So what do they do? They gfo regional, They take vacations a little closer to home

5 - Are you a foodie

If you are, Then you guessed it, Myrtle beach has it. You must be thinking, ‘This guy really likes Myrtle beach’ The answer is yes. Myrtle beach offers a huge range of restaurants, Specializing mostly in seafood. Being on the Atlantic coast the restaurants offer fresh daily caught seafood, This is something you can't find everywhere

Let's summarize

So we've only gone over 5 reasons why Myrtle beach is a great place to buy, Not even only to live, To rent as well. But let's just say that Myrtle beach has many more things to offer, The list would go on for days.

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Guide https://www.erealestatepro.com/real_estate_guide/5-reasons-to-buy-in-myrtle-beach-1165.shtml https://www.erealestatepro.com/real_estate_guide/5-reasons-to-buy-in-myrtle-beach-1165.shtml Editor Tue, 01 Jun 2021 06:40:03 -0400
Is It Still Worth Buying Rather Than Renting Your Place? When most people think of homeownership, they consider it the ideal to strive towards. They assume that renting is for people who cannot afford to own a home, but property is an investment you should make as soon as you can. However, the reality is no longer so simple.

A few decades ago, homeownership was a far more accessible achievement. Even those who were working jobs with relatively low wages could buy a small home. In this environment, renting was far from ideal. After all, you'd be paying money into a void rather than using your income to eventually own an asset.

Today, with the value of homes increasing every year while average wages stagnate, it is difficult for working and middle class people to afford the expenses of buying a home. Is it still worth saving towards putting down a deposit and paying transfer costs rather than simply renting?

Here are some of the considerations to take into account.

Is homeownership a realistic goal?

Before discussing whether homeownership is still ideal, you should take an honest accounting of your financial realities. Create a budget, noting the income that you receive every month as well as the standard expenses. Include variable expenses that are likely to recur in some form or other and are unavoidable.

Now you can assess whether it is realistic to start saving towards buying a home. It is possible that you'll find you can save enough money on a monthly basis – but that using that money on a home would leave you with no savings.

If you find that you would be able to start saving again once you were paying a mortgage, homeownership is still a viable option. If not, it is worth rethinking your priorities.

Do you want to stay put?

The different financial realities we face today make homeownership challenging. But there are other reasons not to buy a home. One of the considerations is whether you really want to stay put for the foreseeable future.

We live in a very different world today which is more globalized than ever before. Even with the restrictions the pandemic placed on us with regards to traveling the world, we connect in a much more international sense. Businesses are finding it increasingly easy to function internationally, especially with the remote working environment the pandemic forced.

You may still want to live in other countries before settling down. In this case, buying a home is not ideal. You make it far more difficult to pack up and leave, both because you have a mortgage to pay and because you'll be spending a lot of your disposable income on decorating and maintaining your home.

Are there protections for renters?

Another reason renting is a more viable option for many people today is because there are protections available that will prevent unforeseen circumstances from leaving you in the lurch. Renters insurance is one of the most accessible protections renters can arrange for themselves.

Renters insurance covers your possessions while you are renting someone else’s property. Click here to find out what is covered. You can pay as little as $5 a month for your renters insurance premium and include factors like personal liability, which protect you if you cause accidental damage to your landlord (or anyone else).

There are still no guarantees that you won’t get a petty landlord who will try to evict you for no good reason, but post-COVID there are more regulations in place to prevent them from succeeding. Not all of these regulations are going to last forever, but some permanent changes are possible.

Is property a good investment?

Finally, you need to ask yourself whether owning the property you live on is a good investment choice for you. While property in general is a good investment, you won’t benefit from it in this way unless you are making income off it. When living on the property, you're going to be spending money on it and the investment will only pay off if you decide to sell in a good sellers market in the future or find somewhere else to live while you rent it out.

Buying property is no longer the obvious choice. Renting can be ideal for many people in 2021, and you should consider whether you really need to own your house.

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Guide https://www.erealestatepro.com/real_estate_guide/is-it-still-worth-buying-rather-than-renting-your-place-1164.shtml https://www.erealestatepro.com/real_estate_guide/is-it-still-worth-buying-rather-than-renting-your-place-1164.shtml Editor Mon, 24 May 2021 05:30:18 -0400
How To Getting Update - What Type Of Upgrades A Property Needs On The Outside And The Inside When you plan to sell your rental property in the upcoming future then you need to maintain the value of a home by getting the renovations done from inside and outside both. If you do not do that then you will be degrading the value of the property and you will not be able to sell it for good money in the upcoming years and it is going to be a total loss for you as a property manager. When it comes to efficient Property Management it is important to increase the value of your home with the exterior as well as interior upgrading so that you do not lose getting good money from it later on.

In this article, we are going to discuss what type of upgrade the property needs on the outside and inside. So keep on reading to find out more information below about Property Management Company.

Exterior

Garage Door

If you already have a large right that is covering most of the front of the house then do not make it look bigger otherwise it is going to take all the place. Paint it in such a way that it just blends in with the rest of the house and the brakes and does not stand out a lot. When the grass is blended and it is going to provide a lot of architectural balance and a neat look to your home.

Lights

When it comes to renovating the exterior of a house to maintain its value then outdoor lighting matters a lot. If it it's done right then it can change the entire look and feel of the home and the property. If you add soft lights outside your home then it is going to add an architectural feel of softness and welcome to your home and people will love visiting that place.

House Number

Make sure that you do not forget to add the house number plate so that people know where they are and visitors don't misunderstand.

Black

You can paint the exterior of a house black and it will start to look much more study because of most of the houses and light in color. Black is a color that is going to cover up a lot of imperfections on the exterior of the home and make the house look much more put together and interesting.

Garden

If the garden outside the home is put together in a nice within it is going to increase the value of your home and it is going to look a lot nicer than before. You can do this by having flower Gardens outside your home.

Interior

Curtains

Curtains are an important element to add when you want to play around with different styles and textures.

Stair railings

Make sure that the stair railings inside the house study and made of good quality material because it is going to have an impact on the people were going to visit the house to buy it in the future.

Paint

Make sure that when you want to increase the value of your home there is no chipped paint on the walls of the home and everything is put together and neat looking.

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Guide https://www.erealestatepro.com/real_estate_guide/how-to-getting-update-what-type-of-upgrades-a-property-needs-on-the-outside-and-the-inside-1163.shtml https://www.erealestatepro.com/real_estate_guide/how-to-getting-update-what-type-of-upgrades-a-property-needs-on-the-outside-and-the-inside-1163.shtml Editor Thu, 11 Mar 2021 08:07:10 -0500
What Are The Benefits Of Renting Your Home? The debate of owning a home or renting a home has been around for a while. A lot of people would say that buying property is better than renting a house but little do they know that there are equally or even more benefits to rent a house or an apartment.

If you’re not sure whether you should buy or rent an apartment or a home then you’re at the right place.

Let’s have a look at the benefits of renting a house rather than owning it.

1.   Forget Maintenance & Repairs Costs

You should know that when you rent an apartment or a house you don’t have to pay for any kind of maintenance or repair. For instance, if the pipes break or the roof startsleaking you can call the landlord who can repair them rather than paying them by yourself. In contrast to that, homeowners have to make all the repairs and the maintenance by themselves which can cost them a lot of money.

2.   No Real-Estate Taxes

One of many of the things that people don’t know while buying a house is that they have to pay thousands of dollars in the form of real estate taxes annually. Anyhow, the renters don’t own the property that’s why they don’t have to pay any kind of real estate taxes.

3.   Live Wherever You Want

Homeowners have to consider the affordability and the budget while buying a home while renters can choose where they want to live. For instance, if you want to live in the center of a capital city buying a home could get very expensive. While in contrast to that, renting a home might be expensive as well but you can easily rent a house compared to buying one in your desired location.

4.   Lower Bills

Many people would consider it as a con but to some people, it’s a pro. Rental houses or apartments might be smaller compared to having your own land but if you look at the brighter side, you can easily have less electricity bills, less gas bills, and it will take you less time and energy to heat up the house as well. So you can save a lot of money on utility bills by renting a house.

5.   Fixed Rent

This is no news that rents are fixed for the timespan of your lease agreement. You don’t need to worry about managing a budget when you have an exact amount of rent to be paid by the end of the month or the beginning of the month. However, if you buy a property, chances are that mortgages will fluctuate and will probably rise rather than decreasing with time.

6.   Conclusion

Now you know that why home rental is better than owning a property.what are you waiting for? Pack your bags and move to your favorite location as soon as you can. Life is too short to be spent in one place!

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Guide https://www.erealestatepro.com/real_estate_guide/what-are-the-benefits-of-renting-your-home-1162.shtml https://www.erealestatepro.com/real_estate_guide/what-are-the-benefits-of-renting-your-home-1162.shtml Editor Thu, 11 Mar 2021 08:06:05 -0500
Logistics Park at the Bavla Industrial Area, Gujarat Bavla is a town, and a region, in the Ahmedabad area, in the territory of Gujarat, India. Bava's economy and the Bavla Industrial Area, has its underlying foundations in the rice business, with an informal check of 135 rice mills[citation needed], many cotton handling processing plants ( ginning ), and an enormous grain market. The closest modern bequest is in Kerala, 7 km from Bavla. Today, Bavla is otherwise called a business city and is home to various drug organizations.

Ahmedabad is Gujarat's biggest city and the seventh biggest metropolitan place in India. Situated on the banks of the Sabarmati waterway, the city that was once known for its flourishing material industry, is currently changing into a rising community for instruction, data innovation, and logical businesses. This socially rich city keeps on leftover the political and business capital of Gujarat.

Bavla Industrial Area lies in nearness (15 KM) to the Changodar mechanical territory, which is the biggest and most favored modern area of Ahmedabad. The Industrial center point of Sanand can be reached within 60 minutes, in this manner nullifying the need to have separate stockroom offices to support the close by enterprises. Simple admittance to the significant ports of Kandla and Mundra (250 km) likewise settles on Bavla's area a convincing decision for assembling firms taking a gander at an across the country/trade dispersion model. 

One of the leading pioneers of the logistics park in Bavla is Indospace and has held hands with India's chief engineer of Industrial and Warehousing Parks. One such company in Bavla is Indospace that offers global level logistics and warehousing framework to significant organizations working in Gujarat. The indospace is situated at the doorway to the three significant modern urban areas of Gujarat - Ahmedabad, Vadodara, and Sanand. 

Indospace and Logistics Park offer the ideal arrangement that is adept for significant businesses like clothing, eCommerce, buyer durables, and auto extras who need to have a public appropriation. Gem Indus and Logistics Park were certified by the Gujarat Govt. as a tax-exempt zone for cotton turning and ginning, cold stockpiling, and distribution center.  They have spearheaded current modern and logistics land in India with an unrivaled scale and trendy foundation. With the biggest modern parks portfolio, worldwide mastery, and experience, we don't simply give framework yet help you construct esteem. 

With a consistent development of 30% year over year and an expanded rivalry from worldwide parts in the Indian market, car ventures require productive and powerful logistics uphold just as IT administrations. FMCG ventures need spotless and safe stockpiling for their products to store in a climate that is temperature-controlled and liberated from any bio-danger. Indospace and Logistics Park is the operational hub that goes about as the purpose of all appropriation and assortment of completed and moderate items including car parts because of the grouping of car producing businesses in the adjoining regions. 

The essential area of the office assists with adding an incentive by cutting down the capacity and the lead time for the stock. Changing the spending examples of clients for the most part makes a chance to infiltrate into rustic business sectors. The two retailers and e-retailers can prevail about making such an effect by guaranteeing the accessibility of an assortment of items in ideal amounts across a broad spread operational organization in western India. 

With 30 million square feet of room, our public reach permits you to work with a solitary advancement accomplice for all your store network office requires. We are consistently adding new land bundles close to modern groups, utilization focuses, and significant expressways to give all around found coordination centers, encouraging your development across India. 

FMCG and outsider logistics among different ventures; and have assembled enduring associations with more than 100 of the world's driving firms working in India. IndoSpace at Bavla is situated on the Ahmedabad-Rajkot National Highway (NH47) with astounding permeability and vicinity to the Changodar-Bagodara modern belt which houses numerous enormous and medium mechanical and warehousing improvements. A portion of the main names in this belt are FedEx, LG, Intas Pharma, Claris Pharma, Gardner Denver, and online business organizations, for example, Amazon, Big Basket, and Snapdeal.

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Guide https://www.erealestatepro.com/real_estate_guide/logistics-park-at-the-bavla-industrial-area-gujarat-1161.shtml https://www.erealestatepro.com/real_estate_guide/logistics-park-at-the-bavla-industrial-area-gujarat-1161.shtml Editor Sat, 20 Feb 2021 22:04:28 -0500
How You Can Save Money On A Move A lot of people are taken aback when they realize how expensive a move can be. If you're in this position and you're hoping to move without going over your budget, these simple tips will teach you to save money on a move.

Start Planning Your Move Right Away

Moving costs are going to rise as the date of your move draws nearer. You can reduce what you spend if you start preparing for your move early on. Even if your moving date isn't set in stone, you can find out more about your options by contacting moving companies.

You shouldn't leave anything until the last minute when you're moving. If you give yourself more than enough time to prepare for your move, you'll experience less stress, and you'll put less strain on your bank account too.

Move At The Right Time

We don't always have control over when we move. With that said, if you do have the option of choosing your moving date, moving on the right day of the week -- and the right time of year -- can help you to keep your costs down.

Moving on weekdays is usually much less expensive than moving on the weekends. You can also save money if you move during the winter when people are less likely to move. Most people move during the spring and summer, so moving costs are at their highest during this time.

Put Together A Moving Checklist

If you forget to do something in the months, weeks, and days leading up to your move, you could wind up spending extra to make sure that thing is taken care of. You can avoid this by creating a moving checklist.

Work to build a detailed checklist that includes everything you'll need to take care of before your move. When you complete a task, you can cross it off your checklist. Consult the checklist regularly so that you can see what needs to be done.

Get Rid Of Items You Don't Longer Need

The more you bring with you, the more you're going to pay. That's why a move is a perfect opportunity for you to clear out some of the items that you no longer want or need. Go through all of your things and find items that you can sell or donate.

While you won't sell all your old things, you might be surprised by how much you can earn by selling items that were collecting dust in your client. You can put the money from these sales into your move budget.

Work With A Moving Company

Many people think that the best way to moving on a tight budget is to do everything on your own. However, more often than not, that isn't the case. When you hire movers, you'll control what you spend, which will make it much easier for you to stay within your budget.

Many experts say that working with a moving company is the most cost-effective option, particularly for larger moves. It can be hard to estimate the costs of a DIY move, but when you work with a moving company, you'll know exactly what you're going to spend.

Explore Plenty Of Options

If you've decided that you're going to work with movers, you'll want to look at some of the different options that are available to you. Do you want to work with a standard moving company, or would you prefer to work with a company that ships storage containers?

If you take a look at various options, you'll be able to identify the options that are best for your budget. Compare costs, look at pros and cons, and find the best way to use the money you have set aside for your move.

Limit Your Spending

You should work to avoid any unnecessary moving costs. If you need cardboard boxes to pack your things, you should try to get the boxes that you need for free. If you need equipment, like a dolly or a tarp, you might want to check to see if you can borrow that equipment from someone else.

These kinds of costs may not seem like much, but you should keep in mind that they can add up. You should try to be aware of what you're spending and try to cut costs whenever you have the option to.

Shop Smart

It can be difficult to bring groceries with you when you move. That's why you'll want to change your usual shopping habits as the date of your move draws closer. Now is a great time for you to use up a lot of the food in your refrigerator and your freezer.

When you do buy new groceries, you'll want to limit the number of perishables you buy. Remember, you won't want any of that food to go to waste! If you have refrigerated and frozen food that you need to take with you, you can try filling a cooler with ice.

Want to learn how to save money on a move? As you can see, there are plenty of ways for you to cut costs and move to a new place without spending a fortune. With these suggestions, you'll be able to stay on budget and keep the costs of your move from spiraling out of control.

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Guide https://www.erealestatepro.com/real_estate_guide/how-you-can-save-money-on-a-move-1160.shtml https://www.erealestatepro.com/real_estate_guide/how-you-can-save-money-on-a-move-1160.shtml Editor Thu, 18 Feb 2021 07:33:34 -0500
Why Property Management is a Necessity for Condos

Everyone has their fingers crossed that 2021 is going to be a much better year than was 2020! The world collectively awaits the coming months in anticipation that the global pandemic will disappear and that the market will once again thrive. So far in 2021, was have witnessed the housing market come back in a big way, and many suggest this will continue to stay strong throughout the calendar year. This spark of confidence has prompted a lot of people to go through with their moving plans. Millions of people are moving into new houses, apartments and condos. Though if you aren't aware, condos might be the trickiest properties on the list. They're situated like apartments yet are treated like homes in many cases, so while many people want a condo, they just don't know how to go about navigating that market.

If you're in the market for a condo, then one of the best things you can do is work with property management companies. In your general area, a company like Unison Property Management may be the best choice. Some people remain skeptical, however. They think it's the same as renting an apartment, so they don't feel as if they need a property management firm helping. Well, there are many different benefits to going with property management, and we'll speak about some of them below.

Benefits of Using Property Management Companies for Condos

To be clear here, we're speaking about people who own condos and want to find tenants, as well as people who want to rent or own a condominium. So these benefits are going to cover both ends of the spectrum.

Finding Better Properties/Tenants

The first thing a good property management company does is it helps people find the right prospective tenants for a condo. Or, conversely, it helps people find the right condo to live in. In this particular sense, you can think of a management company like a good matchmaker. They're going to match the right tenant with the right condo, and hopefully the relationship is going to work out well. This gets a little more involved and goes a bit beyond the typical real estate agent. This is a more hands-on approach to getting everyone what they want.

Far more Efficient

Property management companies are also just far more efficient than your other typical real estate options. Like mentioned above, it's all about making that match, and so management companies are putting priority on moving the best properties and on getting prospective tenants into the right properties as quickly as possible. With the management company acting as the middle man here, there is also a lot less red tape and fewer overall complications in the agreement.

Fewer Legal Issues

Speaking of fewer issues, the right property management company also helps eliminate any legal issues that may arise. For instance, if a condo has issues with existing tenants but the landlord needs them out, the right company can intervene here and maybe things will not have to get messy. They also work to screen tenants, to check on the safety of the space, while also handling inspections and even handling leases in many cases. The word “management” is taking very seriously here, and these companies basically handle all of these duties.

Repair and Maintenance

A property management company is also there to help in a very practical way. They can help property owners save a lot on their costs, especially considering something like basic maintenance. Tenants living in a condo are required to have maintenance performed. If the sink leaks, if the toilet clogs, if the dishwasher goes on the fritz; these are all things the property owner is bound to assist with, which can end up costing a pretty penny. A property management company can streamline everything here and end up saving the owner a lot of money in handling these repairs, while also getting them done quicker, which is going to make tenants a lot happier. It's a win-win for everyone.

While these benefits and many more can be enjoyed by people who go with a property management company, you also need to realize that you must go with the right company. Selecting the best in the business will give you the most benefits.

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Guide https://www.erealestatepro.com/real_estate_guide/why-property-management-is-a-necessity-for-condos-1159.shtml https://www.erealestatepro.com/real_estate_guide/why-property-management-is-a-necessity-for-condos-1159.shtml Editor Sun, 24 Jan 2021 03:06:06 -0500
Tips to Minimize the Stress of Selling Your House

As much as selling a house can be quite exciting, it can also be very stressful and overwhelming. From choosing the right real estate agent to work with to getting offers and getting the house ready for viewing, there are plenty of processes involved in selling a house that can leave you somewhat frustrated and even confused.

Fortunately, there are several ways you can minimize the stress that comes with selling your house. One of them is selling your house to a local home buyer since the process can be quite fast. Here are some other ways you can achieve that:

  1. Do your research

First things first, you need to do your research extensively about the whole process of selling a house. This will help you to be mentally prepared and understand all the aspects involved. Not only will you feel more confident, relaxed, and in full control but you will also increase your chances of selling the house faster and getting a reasonable sale price.

When doing your research, find out how the local market is currently performing, how to determine your house value, and how to market your house.

  1. Hire an experienced real estate agent

One of the most common mistakes people make when selling their house is failing to hire a real estate agent. Real estate agents have direct access to MLS, which means they can list your house and expose it to a broad range of potential buyers. With their experience and expertise, they can offer you valuable insights, such as help you determine your home value or how much you should sell your house. They will handle all the paperwork for you, taking away that load off your shoulders. Above all, an agent will ensure that you sell the house at a maximum sale price.

  1. Prepare your home for sale

Now that you have done your due research and chosen the right agent to work with, the next crucial step is to prepare your home for sale. This involves cleaning, decluttering, depersonalizing, etc. You may also have to perform the necessary repairs if you are not planning to sell the house to a home buying company. That’s because home buying companies usually buy a house “as-is” so you don’t have to do any repairs. If you are considering renovations, you can contact an experienced and qualified contractor to help you renovate the house.

  1. Talk to recent home sellers

You can speak to a few people who have sold their homes recently in your neighborhood. Their positive opinions can help ease the situation and minimize the stress associated with selling a house. By speaking to them, you will be able to see that they also went through the same things as you but eventually handled them and are now happy.

  1. Be ready for open homes and inspections

If you are still living in the house, and you haven’t had your house fully staged, viewings and inspections can be quite stressful. Potential buyers will be coming to see the house to see if it matches their needs and preferences. That’s why you need to prepare for that and make your house neat at all times.

  1. Keep your options open

If you want to have a better chance of selling your house quickly, you need to be open to negotiations with potential buyers. Homebuyers will always try to bargain, so learn not to take it personally. Even if you get a lower offer, keep the communication open, and negotiate with that buyer. You just never know, you might end up closing the deal with something beneficial to both of you in the end.

Final words

Selling your house doesn’t have to be a stressful experience. It can be an exciting time and a beginning of a new journey. The tips mentioned above can help lessen the stress that comes with selling a house.

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Guide https://www.erealestatepro.com/real_estate_guide/tips-to-minimize-the-stress-of-selling-your-house-1158.shtml https://www.erealestatepro.com/real_estate_guide/tips-to-minimize-the-stress-of-selling-your-house-1158.shtml Editor Thu, 14 Jan 2021 23:12:19 -0500
Top Mistakes To Avoid When Selling Your Home

There are several reasons why people may decide to sell their homes. It could be that they’re about to embark on another chapter of their lives, move to a new neighborhood, and meet new faces. It could also be because of financial constrictions and selling the house seems like the most practical choice to take at the time.

That said, whatever your intentions may be in selling your home, one thing is for sure: You would want to get the best deal out of it be it for monetary or sentimental reasons.

So today, rather than teaching you how to sell your home, I want to address something even more alarming: The top mistakes homeowners make during a house sale.

Selling The House Yourself

You might think that the best way to sell your home is to showcase it yourself to interested buyers aka going by the old FSBO (For Sale By Owner) route. After all, if there is anyone who would know about the true charms of your house, it’s you – right?

WRONG.

If you do not have sufficient experience in selling houses, you are more likely to make errors in your judgement. You could:

  1. Sell your house at a much lower deal than it goes for in the market; or
  2. Do the complete opposite and balloon your prices to a point wherein no one would even bother to say they are interested.
  3. Make potential house buyers feel awkward during the entire house tour because of your overly enthusiastic manner and, well, biased way of showcasing your home.

These are just a few of the many problems that may arise because you simply decided to take things upon yourself. Hiring a real estate professional to act as a middleman for the transaction will undoubtedly increase your chances of selling your home faster and landing a better deal on it.

Real estate professionals are trained to bring out the best features in the properties they sell and encourage potential buyers to look at the same. So, while commission costs may worry you, it is still a more worthwhile spend than losing money because of a bad deal.

Plus, they can conduct a comparative market analysis for your home and compare it with other similar properties sold in the area to come up with the most strategic and competitive price point for selling.

Underestimating The Impact Of “Staging”

It doesn’t cost much to stage a house in a way that it looks welcoming and appealing to potential buyers who drop by and look around. Staging your home in a way that accentuates all its best features and strong points can considerably mark up the price of the sale.

You shouldn’t just stage for actual viewings, either. The photos you use for your property listings must also be beautiful enough to entice curious eyes. Get your lawn trimmed, take unnecessary items out of the way, and throw out junk that does not add value to your house at all. If it’s not going to help your house sell, get rid of it. 

Being Too Fixated On Selling The House At A "Higher Price"

Getting to sell your home at the highest possible value is always the best case scenario. It will also feel a lot easier to let go of something you've grown emotionally attached to over the years when you know that you're exchanging it for a fair and competitive price.

However, how far will you go just to sell your house at a higher value?

To sell it for more, you need to make sure that it's worth its price tag. Otherwise, buyers will just feel like you're trying to dupe them into buying a property that is obviously not worth it. And so, you'll end up getting repairs, buying new furniture, and renovating many areas in your home.

Depending on the extent of damage over the years or after years of staying vacant (in the case of unused properties), this could cost you - a lot.

If this happens to be the case, you should also consider selling the property AS IS. There are investors who are looking to acquire properties for a fair and reasonable price.

You sell them the property in its present condition, and they take care of the rest. You don't have to worry about renovation work or paying for additional costs to make your property presentable during the sale. You can sell it for a good value minus the hassle.

Try to think about it. How much will you profit off your house when you sell it as is and when you sell it after repairs? If you net more or less the same amount? Then save yourself the extra work and look for investors who would be willing to take the property off your hands.

Hiring Contractors That Charge Too Much For Repairs

This is just a bit of a continuation to what we talked about in preceding paragraphs.

Say, you still insist in having the house repaired and refurbished so you can sell it at a higher price. What next?

The next thing is to find the right contractor to work with you - and boy is this easier said than done.

There are many contractors who will come forward and tell you that they're the best for the job. And just when they manage to convince you to allow them to take on the project, they hit you with $$$.

Unless you know a contractor that you can confidently place your trust in, you risk paying more for the renovation job than necessary. Even if you manage to sell the house at a higher price, you might net less profit after taking repair costs into consideration.

Again, weigh your options carefully. Renovating your home so that it would look presentable during open houses and client viewings may seem like a good decision. However, it also requires much work and will delay the sale of the property.

If you're just going to earn around the same amount at the end of the day, selling the property as is to interested investors may actually be a more viable, less troublesome option.

Not Being Truly Transparent About Your House’s Issues

As much as you want to sell your home fast, hiding important information from potential clients is never a good idea, especially when it’s something they are likely to have issues or problems with in the future.

If there’s a roof leak and you don’t want to repair it, just let them know. If the heating system inside the house is faulty, tell them so that they can take it into their budget considerations. “Not telling” is still lying by omission – and you should already know that such situations never end well.

Even if you do keep the house’s issues a secret, clients can always hire people to do a home inspection. You’ll be in the losing end when they decide to have the house evaluated after you already came to an agreement. If they find too many faults, they will likely ask you to lower your prices, too.

It pays to be honest in all areas of life – even when you are selling houses!

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Guide https://www.erealestatepro.com/real_estate_guide/top-mistakes-to-avoid-when-selling-your-home-1157.shtml https://www.erealestatepro.com/real_estate_guide/top-mistakes-to-avoid-when-selling-your-home-1157.shtml Editor Sat, 09 Jan 2021 23:13:11 -0500
RESPONSIBILITIES OF THE CONSULTANTS IN A CONSTRUCTION PROJECT

A construction project is a science that helps to provide a desired building or structure for any purpose. Thus, a construction project cannot reach completion without taking help from that expert in the field. These professionals have the idea to shape the structure according to requirements. The term coined for such professionals is a construction consultant who acts as independent engineers; they perform a well-detailed engineering service for a client on an agreed sum of money. The services offered by these consultants and render to a specific profile in line with their general practices. The consultant has to remain unbiased with the recommendation laid in front without feeling any deviation.

On a construction project, many professional consultants remain on-board, all carrying out separate roles. The number of consultants involved and the type of procurement depends on the construction project size. However, for most projects, significant consultants remain the same. Construction consultants are the ones who perform various tasks on a project. These include providing advice on defining the project and coordinating the design. They also must prepare product information, administer the contracts, and supervise the work of contractors.

TYPES OF CONSTRUCTION CONSULTANTS

The team of construction consultants usually consists of the following individuals:

1. ARCHITECTS

An architect is a professional that plans, design, and oversees the construction process. Architects provide a service in connection with the building design and surrounding space to fulfill the purpose. Their decision affects public and structural safety, and they have to undergo rigorous training and advanced education. They are the ones who complete the specifications and details of a project.

2. COST CONSULTANTS

These professional consultants are the ones who keep all the budgetary aspects in check. They help define a project budget and benchmark all the requirements in comparison with similar projects. Their assessment of the value of money allows them to prepare financial plans and cash flow estimations.

3. SERVICES ENGINEER

Services engineers are consultants that contribute to the design by the overall standards and strategies intended. The best construction consulting by service engineers determines the effectiveness of the design from an early stage. Their expertise assesses the lifecycle of the project and minimizes resource wastage during construction.

4. STRUCTURAL ENGINEER

The structural engineer is the one responsible for site surveys and appraisals. They are the primary players who verify and investigate every aspect of a project to ensure the building has efficiency and stability.

ROLES OF CONSTRUCTION CONSULTANTS

At the start of any project, bypassing the importance of a construction consultant means serious errors. A construction consultant's need arises when there are special needs for foundations or regulation of budget accordingly. Their expertise in areas like soil analysis or budget estimation makes them an essential part of the project. The roles of these professional consultants include:

1. CONSULTATION

It is a situation that arises when a person needs an expert opinion on a specific technical problem. The consultant may require some time to assess the case based on the critical nature of the problem. The nature and challenge of the situation determine the duration of the consultation or require traveling to that site.

2. PROBLEM INVESTIGATION

The construction consultant needs to study and investigate a problem that requires expertise in engineering calculations. Some consultants may visit the site to inspect the structure and equipment present. The consultant also assesses the problem by studying the detailed reports prepared by the management and other engineers.

3. GENERATION OF FEASIBILITY REPORTS

Preparation of reports is a crucial aspect in determining the feasibility of the construction project. Consultants prepare these reports after assessment and surveys, along with different engineering studies conducted on-site. These reports also hold the importance of confirming the solutions following the feasibility of the structure. The aspects highlighted in the feasibility report are the main requirements and unique needs of the project. It contains estimated costs, recommendations, conclusions, and alternate solutions.

4. ENGINEERING DESIGNS

This consultation aspect includes the physical characteristics and the dimensions included in a project. A consultant plans and presents the dimensions in the form of a drawing, which non-professionals call blueprints. They supplement these blueprints with written documents termed as specifications. The consultants study the plan and specifications to direct the work of the contractor according to requirements. The design process also determines the amount of material needed to initiate the construction process.

To summarize, a construction consultant's role is to help the client choose the best contractor and material. Procurement is a necessary process in which a consultant accepts proposals from different suppliers based on the material's quality and economic feasibility. They seek bids from manufacturers through public notices following the plans and specifications. The construction consultant then recommends the best contractor by the bid's preset.

FINAL WORD

The construction consultant plays a vital role from the beginning to the finalization of the project. Their expertise in their relevant area gives them a clear assessment of the situation and analyzes the problem. These professionals then prepare a feasibility report based on their reviews and recommend the best course of action. Their final role lies in the assessment to determine the stability and longevity of the finished building.

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Guide https://www.erealestatepro.com/real_estate_guide/responsibilities-of-the-consultants-in-a-construction-project-1156.shtml https://www.erealestatepro.com/real_estate_guide/responsibilities-of-the-consultants-in-a-construction-project-1156.shtml Editor Fri, 01 Jan 2021 22:58:03 -0500
Find the right windows for your new home or remodel Your windows are an essential part of your home. They not only bring in light and fresh air, but give your home its entire look—inside and out. If you’re remodeling your home or starting a new build, you have the opportunity to rethink your windows for the better. In this article, we’ll run through the three major decisions you’ll need to make in regards to your new windows: their design, frame, and glass. Here’s what you need to know.

Design

A window isn’t just a window. Windows are both a functional part of your home and an aesthetic statement. You want them to both look great and be convenient to open and use. Pick a window design with these two things in mind. 

A traditional double-hung window might be the look you’re going for, but sliding open the window might be difficult for some people in your household. A casement window, which opens using a hand-crank lever, might be a better choice in this regard, but your home may have not been designed with this larger window size in mind.

Different windows have different costs associated with them. A full bay window is typically going to cost more than a basic slider window. This is why working with a window expert is helpful: they can walk you through your options and talk to you about what works within your budget.

Frame

There are many different window frame options available. From a traditional frame like wood or vinyl to durable options such as fiberglass and aluminum, you have choices. Your decision will depend partly on your home’s style and aesthetic, and partly on your area’s climate. 

Wood window frames, for instance, help insulate your home on cold winter days and nights. But, they don’t handle humidity well. If you have a traditional home in Pittsburgh, for example, they could fit both the look and the efficiency needs of your property. Talk to a local expert for Pittsburgh window replacement services!

Glass

Once you’ve selected a window design and frame, it’s time to decide what glass to put into it. Single-pane glass is probably what you’re picturing: it’s been the inexpensive default option for decades. However, you should probably consider upgrading to dual-pane glass. These windows feature two panes of glass with a tight air pocket between them. Typically filled with an insulating gas, these windows are far more energy-efficient than single-pane windows.

They may cost more upfront, but dual-pane windows can reduce your overall energy use by up to 30-50%. That’s major savings, every single month.

Work with a window specialist

Need help picking the right window design, frame, or glass for your home? Get an individualized assessment and professional opinion by speaking with a local window expert in your area. A window installation pro can walk you through your options and take accurate measurements for new windows or window glass.

For an in-depth look at what’s involved with buying new windows, check out this helpful infographic!

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Guide https://www.erealestatepro.com/real_estate_guide/find-the-right-windows-for-your-new-home-or-remodel-1155.shtml https://www.erealestatepro.com/real_estate_guide/find-the-right-windows-for-your-new-home-or-remodel-1155.shtml Editor Tue, 29 Dec 2020 22:49:37 -0500
Buying a Mobile Home in California Finding affordable housing in California is not impossible. Despite what you have been told, there is a large selection of reasonably priced, energy-efficient homes on the market. These available residences consist of both manufactured and mobile homes with contemporary features/amenities. If this is your first time considering a mobile or manufactured house, then get ready to throw aside all your previously conceived notions of mobile housing. Today’s manufactured homes are truly a sight to behold and offer all the comforts of an affordable luxury house.

That said, purchasing a mobile home in California is going to take a little time and research. Due to the sheer size of available manufactured/mobile residences, you definitely have your work cut out for you. Of course, there is no need to panic. There are a variety of things you can do to narrow down your options and find the mobile home that meets your needs as well as budget. Thus, to better assist you in your new mobile or manufactured home search, here is a breakdown of the overall process and several tips to get you started.

Buying a Mobile Home in California

Currently, in the lush state of California, you will find 3,000+ mobile residences for sale now, starting at $50,000. Spread out across counties and cities, your very first step will be determining the best locale for you and your family. Once you settle on a location, your search will definitely become less daunting.  Here, mobile homes are popular options for beach lovers, students, retirees, and even young professionals waiting to make it big. Thus, California is a fantastic spot to purchase a mobile residence, especially in a mobile home park. The reality is that land tends to be a little pricey in this state; therefore, you should seriously consider the alternative in the interest of your budget. The good news is there are 1,400+ manufactured/mobile home communities with homes for sale and open homesites.

Search

Finding your dream mobile residence in California is a lot like any other state. You need to narrow down those options, first and foremost. One relatively easy way to start looking for manufactured/mobile homes is to go check out the California Manufactured Housing Institute site. For instance, in popular cities like Anaheim, there are over 60 mobile/manufactured homes for sale on the market. Consequently, picking a city or even a county will help take some of the pressure off. Once you have decided on a location, you pretty much know the drill here—single, double, or triple wide? New or used?  Obviously, these are important decisions to make. But there are a few more options these days to consider as well. For instance, if you are leaning towards a manufactured residence, then you have several styles to choose from.

At the moment, there are over 20 top manufactured home types like the loft-style home, an oversized Casita, Sunset Bay homes, and more. Therefore, if you are looking at say Anaheim and want to be close to any of the 10+ beaches in the area, you just might want to consider looking at the various styles of mobile homes that are available. For instance, a loft-style manufactured home with seamless indoor/outdoor living may be just the ticket. Ultimately, no matter which style or size you choose, you need to be able to afford your new mobile/manufactured residence. Thus, once you have found your potential forever home, you need to sit down and figure out your finances.

Purchase

Obviously, you have some options to choose from, and you may even have a few thousand dollars saved up. But one caveat of buying a mobile home is that available financing options are somewhat limited. In general, lenders are a little gun-shy when it comes to financing mobile/manufactured homes, or at least they have been in the past. Since there has been an increasing trend toward small houses or mobile home living, many lenders are now open to financing this particular kind of housing. With that said, the amount of lender financing you are able to secure may not be enough. Therefore, it is highly recommended that you buy a mobile residence in a community, if at all possible. As briefly mentioned, most dealers or manufactured home communities offer in-house financing, so this is a great option to explore here.

Note, whether or not you are purchasing a mobile home or a mobile home with land in California matters, just as it does anywhere else. Consequently, you may need a realtor or real estate agent to assist you in your purchase. In regard to lender financing, mortgage lenders often have rules/stipulations that are dependent on your mobile or manufactured home’s size, age, and type of installation (affixed to property or mobile). If you are looking for a mobile home land package, then you should definitely reach out to a reputable real estate agent that has experience selling and buying mobile/manufactured homes.

Closing

Closing on a mobile or manufactured home involves double-checking the title (title/lien search), obtaining a bill of sale and promissory note, etc. Typically, it is a general rule of thumb to have a 30-day closing period so that you, the potential owner, have enough time to inspect the premises. Taking the time to do your research and having a thorough site inspection will ensure you are getting the most for your money.

Along those same lines, the state of California Housing and Community Development Department does oversee the sale of manufactured or mobile residence in the state (together with city and county ordinances). Thus, it is important that your potential home meet city, county, and state regulations before you close on it. Note, California has a set maximum occupancy for mobile homes, so make sure you will be able to comply with the 2-person per bedroom, plus 1 rule. Similarly, if you are buying a mobile/manufactured residence in a mobile home community, you should review the park’s rules and regulations before closing. This is especially helpful if you have family pets.

Other Related Paperwork

Lastly, you will need to make sure that you have all the related paperwork or required documentation at the time of closing. This generally includes proof of homeowners insurance, title insurance, and so on. California also requires you to register your manufactured home, so do not forget. Moreover, it is highly recommended that you register your home in person, at least initially. Thus, this will involve going to the Department of Housing and Community Development offices with the title and your license. Finally, if your mobile or manufactured home is affixed to a permanent foundation, you will be subject to property taxes as well.

Final Note

Purchasing a mobile/manufactured home in California is a smart move that you will instantly reap the benefits from. As you may already know, owning a mobile residence or manufactured home generally means less maintenance, more flexibility, more reasonable utility bills, and a reduction in your carbon footprint. Consequently, the tough decision here is not whether you should purchase a manufactured home, but rather which one should you choose. Yet, with so many options, most of which are high quality homes with amazing contemporary features, it may seem impossible. But, at the end of the day, only you can decide what size, type, and style is right for you and your family. That said, with proper guidance and a better understanding of the entire mobile home buying process, you can rest easy knowing that you got the most bang for your buck.

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Guide https://www.erealestatepro.com/real_estate_guide/buying-a-mobile-home-in-california-1154.shtml https://www.erealestatepro.com/real_estate_guide/buying-a-mobile-home-in-california-1154.shtml Editor Thu, 24 Dec 2020 22:51:17 -0500
5 Tips for selling an investment property Decided it’s time to sell an investment property? In this article I’ll discuss helpful tips and tricks that I have discovered at our company over our many years of selling rental properties. These tips will help you sell your rental or investment property fast and easy. 

Consider getting some offers from cash house buyers

First, because of the added complexity of selling an investment, especially with tenants, you may consider getting some cash offers from a cash house buyer to buy your investment property quicker and easier. It’s true you’ll receive a lower sales price than what you would get listing your house with an agent on the market. But you should at least consider selling to a cash house buyer because it does provide several, which include: 

  • Ability to sell your investment property fast (weeks vs. months)
  • being able to sell it with no repairs (as is) 
  • being able to sell it with tenants (even bad ones) 
  • you will be able to get cash and not have to deal with a buyer’s mortgage application or contingencies
  • you won't have to pay realtor commissions, fees, closing costs, or repairs

As a side advantage the discounted price that you receive will reduce your capital gains tax if you are not exchanging your property.  

Selling your investment property for cash is not the right option for everyone. In turn, if you’d rather sell with an agent or by yourself on the market you can use our tried and true tips below to sell your rent your investment property faster. 

Tips for selling your investment property with an agent or by yourself on the market

As a first step you will need to determine if you want to sell your investment property vacant or with tenants in place. 

If you have tenants in leases you do still have options. You need to decide if you want to wait for the lease(s) to end or if you want to try to get the tenants out. If you want to try to get them out you can use cash for keys, etc.

If you have tenants on month-to-month leases then you can easily give notice, and hope they vacate (like they’re supposed to).

Tips for selling an investment property whether its vacant or has tenants

  1. Make sure you price your investment property correctly

Overpricing your investment property will result in its sitting on the market for too long and buyers trying to take advantage of you when that happens.

In order to price it correctly make sure you are doing in-depth market analysis. You need to look at comparable homes within a half mile radius with comparable size, features, and condition that have sold in the last 3 to 6 months.

Again, pricing the property too high will not result in a sale. Instead you will get plenty of low-ball offers, and the house will sit on the market for a long time. 

  1. Have your records and documents in order

Investors will always look for and ask for proper documentation. Have clear, presentable financial records. Having things like consistent rent receipts, incurred expenses, and clearly organized financials will portray an attractive investment property to investors. The due diligence will be easier for them, and the process should move smoother.

  1. Get buyers in the door using professional photographs

Pictures tell a thousand words. Trying to do pictures yourself or having a realtor do them will never work out in the end. For a small investment professional photography is a great selling weapon.

You should take professional photographs whether the unit is vacant or if there are tenants living in it. If there are tenants you should have them clean and organize the unit as much as possible before taking the pictures. If the unit is vacant you should also clean and organize. In addition, you should stage the unit before taking the photographs. 

  1. Market the house everywhere you can

You want to use every channel you possibly can to market the house. This includes social media, free listing sites, and word-of-mouth.

You want to make sure that everyone knows that you have an investment property for sale. You can also try going to local real estate investing clubs to see if any investors are interested. 

  1. Hold an open house to reduce showings and sell more efficiently

Not only will this bring in a lot of interested investors in the property, but it will also simplify scheduling multiple individual showings.

Scheduling showings with tenants is one of the biggest problems with selling an investment property. An open house or maybe two open houses will allow many buyers access at one time. This maximizes the number of buyers that get to see the house without scheduling multiple showings (one for each potential buyer).

This will save you hassle as well as make it much more convenient on your tenants. They will thank you for it, and you will thank yourself. 

Conclusion

You can use these tips whether you want to sell your investment property for cash, with a realtor on the market or by yourself. Yes, it is more difficult to sell an investment property, especially with tenants, but these tricks should help make it easier.

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Guide https://www.erealestatepro.com/real_estate_guide/five-tips-for-selling-an-investment-property-1153.shtml https://www.erealestatepro.com/real_estate_guide/five-tips-for-selling-an-investment-property-1153.shtml Editor Tue, 15 Dec 2020 23:01:23 -0500
Finding the Right Home Specifically For Your Needs Buying a home is a significant investment, necessitating due diligence to ensure that you make the best possible choice. The home will affect your life in many ways, and if you aren’t keen, you might buy one that forces you to make significantly alter your lifestyle, not in a good way. Finding that perfect property in Michigan might not be possible, as there are fewer such homes on the market. Still, with little compromises and professional help from the top realtors in Michigan, you can find the right home, specially designed for your needs.  A little flexibility opens a whole new world, allowing you to discover more options that fit your immediate and future needs. As you hit the market, here are two primary considerations to help you narrow the options to the best home.

Location

Location, location, location, the old adage holds to date. While considering the location, think outside the box. It is not all about convenience, such as access to public transport; it would be best to look at it with the future costs in mind. For instance, proximity to security and fire services might not seem significant, yet they are considered while determining your insurance premiums. You might pay a little higher for the home, but long-term savings in insurance premiums can prove beneficial.

While evaluating the neighborhood, keep your future needs in mind. For example, as a young couple, you might want to have kids, and if you opt for a neighborhood without great schools, it will come back to haunt you. Should you opt to sell, a home in a neighborhood with great schools also comes in handy as you’ll enjoy an extensive pool of potential buyers. The best realtor will advise you to consider the neighborhood before looking at available options, noting that you can change the house, but not its location. A safe and accessible neighborhood is the go-to.

Property status

How old is the property, and what’s the lot size? An older house might be affordably priced, but you should note that it might require significant investment to upgrade various areas before diving in. If you are looking for a modern home, then sticking to an old house might cost you a fortune as you undertake significant renovations, noting that it is not just the architectural style that changes but also the systems. The lot size also counts; again, consult your future needs. You might want an outdoor pool, enough space for barbeques, or a small playground, among other exterior structures. As you evaluate the property’s effectiveness in meeting your needs, the lot’s size shouldn’t take the backseat.

Browsing through the extensive Michigan property listings can be frustrating, especially if you can’t seem to find an option close to your expectations. When you are ready to hit the market, enlisting, the best realtor comes in handy. Apart from locating the best home specially designed for your needs, they’ll hold your hand through the complex process. From financial bit, inspections, and sealing the deal, reliable and reputable realtors in Michigan makes the process a worry-free experience.

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Guide https://www.erealestatepro.com/real_estate_guide/finding-the-right-home-specifically-for-your-needs-1152.shtml https://www.erealestatepro.com/real_estate_guide/finding-the-right-home-specifically-for-your-needs-1152.shtml Editor Tue, 08 Dec 2020 08:00:20 -0500
What Real Estate Agent Should I Use?

Have you been struggling to sell your home independently? Is the housing market seemingly closed off to you? Are there no reasonable offers or enticing properties? Are you tired of trying to attract interest to your home?

Well, maybe it’s because you haven’t found the right person to help you sell your house. If you are ready to get serious about selling or buying property, you should be looking at professional services from a qualified real estate agent.

Though when you are looking for a real estate professional, there can be a lot to consider. For instance, what is the difference between agents, brokers and Realtors? What services are provided by each? What traits should you look for with your chosen professional? Luckily we have all the answers to these and many more right down below, so let’s get started!

The difference between agents, brokers and Realtors

Real Estate Agents

Real estate agents are representatives of either the buyer or the seller in a property transaction. They are usually responsible for showing homes to prospective buyers and advertising homes for sellers. This may include organizing open houses, facilitating purchase transactions and other regular duties to ensure a smooth sale.

They also have a fiduciary responsibility to their clients and must look out for their best interests. This helps to instill confidence in their capabilities and qualifications, eases the tension around property transactions and gives faith in the industry overall. After these professionals are trained and pass their qualification exams, they can begin to work in residential, commercial or industrial real estate.

Realtors

Realtors are also real estate agents, but they are additionally members of the Canadian Real Estate Association (CREA). This means that they pay an annual membership fee and complete regular ethics training to maintain their membership. A CREA membership shows a greater commitment to further education and training for their realty market, and a greater devotion to the industry overall.

Additionally, Realtors provide buyers and sellers access to “Board MLS Systems, which facilitate the cooperate sale of properties to benefit consumers.” This is a great boon for sellers and buyers alike and is one of the main benefits of Realtors’ unique services. But, more on the particular benefits of Realtors later. Finally, we have...

Brokers

Brokers are a business or cooperative of real estate agents that supervise all agents within the organization. This allows for a larger pool of buyers, sellers and potential properties. A good example of this for over 79 countries worldwide is Century 21, which is an American franchise brokerage.

There are other advantages to brokerages as well, such as complex sales or purchases. Though overlooked, an important part of being a real estate professional is understanding and keeping current on local, provincial and federal realty law. With a brokerage, you are getting more access to people’s knowledge, which can help smooth the transition of ownership and make the process easier if multiple properties are involved.

What are good qualities to see in real estate agents?

Punctual attention

When looking for a real estate agent, you should expect punctual communication and helpful advice. Working towards results should be a prime directive for your real estate agent, and being available is essential to maintain speedy and effortless transactions. Additionally, it is important to acknowledge that no one has all of the answers, but being willing to admit that and seeking clarification is also an important skill that should be part of your chosen realtor’s toolkit.

Personalized results

You should expect to see personalized results that reflect your expectations when working with a professional real estate agent. Of course, there will always be limits to what the markets have available, but if you are continuously shown one-bedroom cottages and are looking to move into something bigger for your growing family, it is reasonable to consider it a red flag. 

Knowledgeable

The real estate market is constantly changing, and keeping up-to-date with the latest trends and fluctuations is the responsibility of every real estate agent. This is another reason why Realtors are so highly sought after, as they continuously attend courses and workshops to maintain a fresh and consistent understanding of the industry in which they work.

Experienced

Although continuing education is an excellent marker of quality real estate professionals, it can only do so much. Having practical knowledge of the market in which the real estate agent participates is also necessary to achieve the best results. Only through negotiating successful and beneficial deals for both parties, facilitating cooperation and informing all interested individuals about changes to the property can real estate agents hone their skills and cut their teeth, so to speak.

Why should I use a real estate agent?

The high expectations, rigorous peer standards and fluctuating market parameters of realty professionals make their benefits clear to see. Still, many people may see the rates and believe they can save money by simply selling the property on their own. While this might seem like a good move initially, there can be many pitfalls to the approach. Below we look at some of the unseen dangers in buying or selling without an agent or brokerage.

Lower Sales Price

Contrary to popular belief, for sale by owner (FSBO) sales often result in lower overall sales prices when compared to real estate agent transactions. Of course, a part of this is human nature, which we look at in more detail below. However, there is also a simple analogy that sums up the likely cause of this discrepancy.

You are given a coin by your grandparent, and they describe the novel nature of said coin to you. Although it is pretty and sort of nifty even, you do not see a lot of value in the coin. Eventually, you try to use it to make a purchase, and the teller, who conveniently is an avid coin collector, exclaims about the hefty value associated with this particular coin.

In the same way, real estate agents know the value of their coins, or properties if you will. They see them as more than a simple dwelling, and their expertise informs their decisions; decisions that are ultimately made to assist you in getting the best possible value from the transaction.

Poorer Negotiations

One of the main reasons that the sales price of FSBO transactions is lower, on average, than realtor sales is the lacklustre negotiations. It is always difficult to negotiate when you are not certain of the subject matter and, on top of that, being assertive can be hard for many people.

Attention to Detail

One of the greatest difficulties in purchasing or selling a property without a real estate agent is missing important information or key details about the property. Real estate professionals are aware of their market’s common problems, like persistent mould or bad root systems. Plus, they have a keen eye for the problems that people try to sweep under the rug, like outdated electrical systems and poor foundations. These issues can make a big difference for not only the longevity and enjoyment of the property, but also for the negotiations between buyer and seller.

Still have questions? Contact your local real estate agent today to get more information!

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Guide https://www.erealestatepro.com/real_estate_guide/what-real-estate-agent-should-i-use-1151.shtml https://www.erealestatepro.com/real_estate_guide/what-real-estate-agent-should-i-use-1151.shtml Editor Sun, 29 Nov 2020 03:55:34 -0500