4. Be firm and learn to say ‘no’ when the situation calls for it.
5. Let your loved ones be there at the property negotiation as their backup opinions will be able to help reinforce your requests to the seller. Strength in number, as they say,
6. If the seller is too quick in giving you a lower price, you should question whether there is something amiss about the property or the financial transaction.
7. Don’t be too quick to believe the prices quoted by the seller as he may have gotten this unit for a fraction of the price he’s selling to you, and may have gotten a discount from the developer.
8. Don’t buy the first property you see. You may end up making an impulse buy that you regret later. Be patient and survey around to see if there are better locations and deals available, even if it is a different unit in the same apartment complex.
9. Do not feel like you owe the agent or seller anything if they are nice to your or offer you the best service. This is part of their job and should not influence your final decision.
10. Throw your net far and wide when looking for the right piece of property. Collect more information and spend time on research as you will have to put up with the property for a long time.
In my previous column, I talked about affordability as a choice when it comes to investing in properties. We increase our income to leverage more from the banks. ...
There is no real estate if there is no law. Real estate, like any investment, is actually a byproduct of the law. The law gives you the fundamentals in real estate – from the issuance of the land title, recognition of boundaries and ownership....
No matter which field you may work in, the market is always evolving to accommodate the changing requirements of the population. The real estate market is no different...