Category: Real Estate

The flats culture has definitely overtaken hearts of many land buyers. But there are certain buyers who are still keen to build the houses they have already wanted on their own land. This culture has caused a steady increase in the buying of plots in the last couple of years. Buying land can have a number of advantages similar to buying an already built apartment.

However, investing in real estate is especially in Jaipur not a piece of cake as a number of factors have to be put in place. One has to check a number of aspects such as; whether property transactions are being carried out by the right land seller and whether the plot is legally certified by the right authority. Listed below are some factors that you may need to factor in before buying property.

Confirm whether the seller has right over the land and make sure that the title deed of the plot you have intentions of buying is in the sellers name and he/she has the mandate to sell it.

It is a good idea to have the original title deed checked and clarified by a professional lawyer to avoid any legal issues in future.

Confirm if the plot has been approved by the local body. Encumbrance certificate has to be gotten from the sub registrar office where the deed of the real estate has be registered, stating that that the land in question does not have any legal dues.

Find out if the property in Jaipur has been approved by the local body plus the CMDA.

Verify that the planning permission and construction approval for any construction to be carried out in future has been gotten from the City development Corporation especially if you live in Jaipur, in addition to the local body under which the plot is located.

Real estate investment is a smart move one can make for profit. It is really a no-brainer to invest on land, house and agricultural farm. But one needs to be little bit cautious about the fluctuating market to avoid any loss and maximize profit.

Land investment should be done by taking various factors into account. Locality of the property plays a deciding role in making profit. A healthy economy of the nation also boosts real estate market. Hence some factors should be taken before investing on land. Some tips to get benefited from this investment are given below.

Research
A thorough research should be conducted about the locality of the property and market status there. Some places are deprived of any land purchases and the properties there cannot fetch any profit to the investors. Even finding customers for such properties is a hard task. Investing on lands near cities and towns can prove profitable. Buying one near any proposed factory or industrial area can also prove to be a smart choice.

Long term ownership
Property flipping is usually done for quick profits. A land is possessed for small time period and then it is sold out after increase in its market value. Many people resort to this technique for risk free investments. Opposed to this, long term ownership on a land can fetch huge profit. If the land is in a developed or developing locality, then the face value can increase immensely over time.

Quick reaction to the market
Real estate market is sensitive to various factors. Even a national or international level issue can show adverse effect on this niche. Hence it is important to assess the financial and political situations regularly. If any problem is suspected in the near future, then it is good to dispose the land quickly for profit.

Following these tips can ensure that one can get immensely benefited from real estate investment.

When shifting from home renting to home ownership for the very first time, it can prove to be a complicated task. Such a situation to ease the matter compel for a hand holding through enlisting a real estate agent to see them through the process.

The real estate agent has been in the market, providing services that few can do, therefore, need a good rapport when dealing with them.
The following are some of the tips for first-time property buyer to reap maximum benefits for the large pool of real estate agents and at most get the best from the relationship developed with a real estate agent.

Take your time in the decision-making
A real estate agent may pile pressure to the clients asking them to make a quick move and give the best offer on spotting the preferred property. Look at and make offers on a number of properties as this give the home-buyer enough strength in the real estate transaction. Use time to your advantage and counter the agents rush to sell off the property.

Look for property online listing
Real estate companies have deviated from the conventional ways of selling off their property by using online listing to bypass the agencies. In a bid to attract the attention of first-time buyers, the companies offer their potential buyers the best rates with discounts that might see you saving a few bucks on the transaction. This still alleviates the conflicting if interest issues between the involved parties with their agents.

Make strategic low offers
Most real estate agents discourage the first-time buyers from making relatively low offers for apartments or other developed properties. In such a case, a low offer may only have an impact if the seller turns it down. Go ahead and make a low offer is call calls for a counter offer that at last arrive a central point favoring both the property buyer and the seller.

Double-check everything
Real estate agents earn when they sell and thus make them sales people. They are not your friends as a first-time buyer and therefore caution in dealing with them is advisable at all times. The agent may not have your interest at heart as they work for commissions, therefore, pushing for a rushed purchase. Double-check every aspect and move at your pace before paying for the property. Make them understand that you need the best business deal.

Avoid signing documents not conversant with and see clarification
Some real estate may not give clear interpretations to some documents they present to you. Learn to seek clarifications where not clear as some real estate agents may be up to no good. Ask for clarifications until you fully understand the content.

Finally, despite the good relationship developed between the client and the real estate agent, learn what to share with the agent as well as the information to hold. The agent is in the business, and the interest between both of you may not often align.