Saturday 12 July 2014

Why You Should Inspect Your Home before Listing

Typically, the buyer pays for and arranges the real estate property inspection. But if you're the seller, you might want to jump the gun and have your home inspected—weeks or even months before you go on the market.
Why? Having an inspection done before listing will give you the leg up when it comes to pricing and negotiating your home's sale. It's also a sign to buyers that you're being transparent, upfront and honest.

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Here are three reasons sellers should have inspections before they list their homes:

Buyers will be more confident in your property.
When you have a presale inspection done, make the written report available to potential buyers. Seeing the inspector's report up front will give buyers the added confidence to make an offer on your property. Plus, you'll weed out the buyers who may not be into small fixes.
Unfortunately, this isn't the way it normally plays out. Usually, the seller has no inspections or reports. The buyer makes an offer, assuming that the property is in good condition. The seller accepts the offer, and the buyer begins his due diligence. The earnest money is deposited, and the inspections and loan processes begin.
However, if you'd done a property inspection before going to market, any issues would become obvious to the buyer before his or her offer. And both parties could have avoided wasting time and energy.

A presale inspection helps you price and market your property.
A presale inspection can enable you to fix glaring home improvement issues, which in turn helps you properly price and market your property. For example, if you know your home needs to be re-roofed, you can either have it fixed before listing or factor the need for repairs into the price. The latter option can spare you from dealing with buyers under contract who want to negotiate the price down or receive a credit after the inspector informs them about the roof.

Buyers Will Be More Confident in Your Property

When you have a pre-sale inspection done, make the written report available to potential buyers. Seeing the inspector's report up front will give buyers the added confidence to make an offer on your property. Plus, you'll weed out the buyers who may not be into small fixes.


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Real Estate Tips for New Realtors

Real estate agents went from making large salaries to barely staying afloat in recent years. The recession reduced the number of people buying and selling homes, which limited the amount of work available for realtors. As the economy began looking up, those agents discovered their business picking up again too. New agents entering the field must compete with existing and established agents, and those looking to expand their business should rely on a few basic tips.


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Working as a real estate today is nearly impossible without a real estate website. Buyers can’t always attend open houses or schedule tours during the day, and people working second or third shift need to know what the inside and outside of a house looks like without paying a visit to that house. Websites help those home buyers find out more about different houses available in their areas and the agents responsible for managing those listings. New realtors shouldn't rely solely on websites though.

New realtors often assume that they work more closely with buyers than sellers, but experienced realtors know that they need to work closely with both buyers and sellers. Real estate agents are essentially mediators. They need to give the buyers exactly what they want, but they also need to make sellers satisfied as well.

It is absolutely imperative that any real estate agent work around the schedules of his or her clients. As more and more people work from home or work more than one job, it’s no longer possible to succeed when working a typical 9-to-5 schedule. Clients now need to schedule viewings later in the day to accommodate their work schedules, and other clients want to meet with agents and arrange walk-through earlier in the day.
Those who want to find new properties need to establish roots away from one specific neighborhood or city. Take for example an agent working out of Denver, Colorado. When the housing market in that city dropped, many agents found themselves struggling to survive and find work simply because there weren't enough homes for sale. The agents who succeeded during the housing market crisis were those who found work in other areas.

Real estate is just like any other business, but far too many new agents think of their work as a part-time job. They think that they can work a few hours every day, meet with one client every other day and still make enough income to survive. The best agents treat their work as a business. They advertise regularly, keep office hours and find ways to interact with others living in their community.

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Tuesday 8 July 2014

Home Improvement Tips for Later Resale


Some home renovations simply don't pay off when it is time to sell, so it makes sense to avoid them and invest in others. The location of a home will always be the primary determinant of price, but homeowners can increase it with curb appeal and specific upgrades

Home Improvements Not Worth the Cost
Wall-to-wall carpeting will not add value to a home because floor covering is a personal choice, and many real estate buyers prefer to choose their own carpet. Hardwood floors and porcelain tile are today's hottest trends, and neutral colors will please a greater range of buyers. If a homeowner doesn't intend to live in his house for the long-term, he may want to forgo turning a bedroom into an office. The square footage of his house will be the same, but a three-bedroom house would list for a lower price than a four-bedroom.

For expensive surfaces in a home, such as granite, stay away from gaudy colors and patterns as they detract most real estate buyers. An investor in a foreclosure in India had chosen pink granite when he renovated the kitchen, a pretty expensive undertaking. However, the buyer replaced it as soon as his family moved in. Black granites are very popular, and a better choice.

For the exterior, concrete patios are expensive to lay, often crack, and add nothing to the price of a home and although sports enthusiasts may want to install a pool, tennis or basketball court, these amenities take up large amounts of the yard, and the pool is high maintenance. Most real estate buyers prefer green grass.

Replacing leaky windows with energy efficient, dual paned ones is one of the best improvements a homeowner can make. Roughly eighty percent of the cost will be returned at the time of sale and for kitchen and bathroom remodels, the return is just as high. Replacing exterior siding will make a house look new, and even adding a deck will seem to give the house more square footage with an outdoor room.

Beyond floor space, well thought out landscaping gives great curb appeal, and low maintenance native plants are the most economical to buy a real estate property in India. A few well placed flowers, fruit or ornamental trees, and especially vines draping over fences will brighten a home.

Although location is essential, targeted home remodeling will later help sell a real estate property in India, even those that are distressed properties.

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How to buy your first sweet home


You may envy your neighbor’s real estate property and may have a hidden desire to purchase a similar home, but there may not be a way to get there. You may not have sufficient money for buy your dream home! It is a known fact that if your savings increase, then you will be able to purchase your desired real estate property at some point. On the flip side, if you fail to save sufficient money, the chances decrease.

Your negotiation skills also play a major role in determining how well you’ll be able to repay the loan. A good amount of savings can also mean you don’t need to purchase mortgage insurance. So what are the ways of using savings to your advantage? Paying rent and making an attempt to save simultaneously may turn out to be a difficult task!

Those living with their relatives or parents, may find it easier to save when compared to individuals who have to pay real estate property rent on their own but, this doesn’t mean that individuals, who pay their own rent cannot save. They could move to a real estate property where the rent charged is more reasonable and while it’s true that initially they may have to make some this adjustment will not be wasted! Remember, the saying “A little progress every day adds up to big results”! Just think, they can purchase their dream real estate property with the help of the money they have saved in all these years.

Irrespective of accommodation and income costs, budget planning is an ideal option if one aims to save a good deposit. This approach should be the initial step towards monetary prosperity. Interestingly, this also paves your way to purchase your first home.

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Tuesday 1 July 2014

Commercial Real Estate Property Investment Best Way to Earn Good Return


Commercial real estate property investment Cosmic India is one of the leading Real Estate companies in Delhi NCR, India. Our team of strong knowledge of real estate provides maximum benefits of the buyer or investors. We are property consultant firm and help you over 24/7. We have many big companies associate with us with their mighty projects and we always work hard to provide the best service to our client.

Cosmic India
We believe in enhancing lifestyle and the people by innovating focus technology and techniques by delivering beautiful residential and commercial real estate property in India. Our experienced team of real estate professionally specializes in identifying the needs of the clients precisely and offering the most profitable solutions. We believe in long trustworthy and crystal clear relationship.

We are also a consultant firm with all the expertise in real estate. We provide you the best solution of your problem. Any kind of problem related to real estate, we give the right solution. Our client relationship is founded as natural respect and trust. We can explore your requirement and suggest the clear-cut area for you as per your budget.

Satisfaction is the key of success in the corporate industry and our main motto is to satisfy our clients and we all work together to provide the satisfaction to them.

Real estate is becoming booming sectors in India and we wish to be the part of this revolution. We strive to ensure more and more people enjoy the ownership of their dream houses / apartments/commercial.

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