Why a Pre-Settlement Inspection is Essential

Pre-Settlement Inspection

Anyone who purchases a home will be eagerly anticipating settlement so they can move in. They will have already inspected the property themselves and had all the necessary inspections done for things like termite damage, other possible damage or illegal additions. So what is the pre-settlement inspection and why is it essential?

When the contracts for the buying and selling of the house are drawn up, there will often be inclusions such as specific curtains and light fittings or other goods and chattels. If there is obvious damage of some kind it is usually mentioned and if the vendor does not agree to have it repaired, the cost is usually taken off the sale price.

The contracts for the deal must be exchanged, but that is not the time when ownership of the home passes to you. First, a settlement date and time must be set for the payment to go ahead and the title deeds to be exchanged. Your lawyer or conveyancer will take care of this and the date is usually 42 days after the contracts were exchanged.

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Two Ways of Flipping Real Estate For a Profit

Flipping Real Estate

Most people interested in real estate have heard of flipping property for a profit. This is where you purchase a property and then sell it again quickly – often within 12 months – at a higher price. Experts agree that the real estate market has to be booming for this to be successful – and that you can easily just spend your life calling the house removalists in and out making a loss rather than a profit, if you don’t know what you are doing.

Both of these judgements are true. However, that need not put off the eager entrepreneur. Some of us may not be cut out to be www.brilliancecarpetcleaningperth.com.au or spend our lives working for someone else. It is possible to learn how to flip homes for a profit and just because you are eager to do so, it doesn’t mean you are going to be impulsive, right? Find out who is doing it and learn from them, or pay for good information if necessary, then carefully research all the necessary details before going ahead.

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What to Ask Before Replacing the Carpet in Your New Home

replacing-the-carpet

Moving into a new home is an exciting, fun time, in spite of all the hard work that accompanies it. You may even be looking forward to changing some things and upgrading others. For instance, that old carpet may need replacing as soon as you get your budget sorted out. But while you are waiting for that, ask some questions suggested by brilliancecleaning.com.au to ask about it, just in case that money could be better spent on some other home improvement. Here is what to find out. The neighbours might know the answers.

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6 Upgrades that Won’t Help Your Property Sell

sell-property-upgrade

If you are looking to upgrade your home in order to sell it, it’s just as important to know what not to do as what will work. The following 5 upgrades won’t cut it when you go to sell – in fact, they may even put buyers off and then you will never be in the position to book the furniture movers.  That said, if you intend to stay in the house, these upgrades could really make a difference to your lifestyle – if they are something you and your family would like and use.

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How to Get Finance to Buy Real Estate

How to Get Finance to Buy Real Estate

Unfortunately, it is more difficult even in this day and age, for a woman to purchase real estate than it is for a man.  To qualify that statement, it is actually more difficult for women to get the finance to purchase property. Do banks think that a man is more trustworthy than a woman when it comes to repayments? Or could it be more to do with the fact that a woman who has children is more likely to have a lower paid job because she cannot put all her effort and attention into her career when she has children to look after? This may not be true for all women, but it is for some, at least.

In any case, if you want to buy real estate, the best way to get finance is to first save up at least 20% of the deposit. This will not only ensure you pay less interest overall, but it will show the lender that you are a responsible person who is capable of saving.

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6 Benefits of Professional Commercial Property Maintenance

When you have a commercial property it is essential to have it kept in spick and span order to ensure it gets rented out quickly and so pays for itself. No business owner wants to conduct his business premises that are unkempt or need a good coat of paint to brighten them up. The best way to ensure property maintenance is done on a regular basis is to hire a handyman.

Here are several benefits of doing so.

  • You don’t have to try and do it all yourself when you are busy doing what you were trained for. Using your skills to increase your business is a no-brainer. If you have to spend time in other areas it will take away from the growth of your business. You wouldn’t hire an accountant to do receptionist duties, so you shouldn’t do maintenance jobs when trying to run a business. A big benefit of hiring maintenance help is that you can spend more time on growing your business.

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Real Estate Advice for the Buyer

Real Estate Advice

Buying a home is never more fraught with the possibility of emotional entanglement than when the buyer is a woman. Studies have shown that 70% more women than men tend to get caught up and ‘fall in love’ with a home whether it is within their budget or not. And sometime even when it is not suitable for that they want. Sometimes, a piece of real estate just speaks to you – rather like those big eyes of an adorable pound puppy.

The trouble is, that can cause trouble. A home costs a great deal more than a puppy. Having to sell it again will cost you in terms of time and finances – and probably a great deal of stress. And when you buy through impulse, you risk getting a home that in a few months you realise is driving you mad in one way or another. Maybe you hate traipsing up and down the stairs when you come home tired from work. Or perhaps that separate garage is just downright inconvenient, especially on a rainy night.

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Staging a Home To Sell

Staging a Home To Sell

When you want your high ticket home to sell quickly and for a really good price, many real estate agents would tell you that staging is the way to do it. What is staging? It is when you move out and refurnish the house in a way that is really modern and attractive. Or rather, you hire someone else to do it, since not every homeowner has the necessary decorating skills to do it right.

This will cost you quite a bit, but you can add the cost to the sale price of the home and are likely to get it, because the home now looks stunning. Of course, if it needed painting or other repairs, that should be done first. The furniture and other things that have been used to add that unique selling point to the home are not sold with the home. They have done their job of making the sale, so are removed by the decorator when the settlement is done.

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