They say knowledge is power, hence with the right information you make informed decisions. Below are common terms used in real estate. 1. Under Contract - A property is said to be under contract when the seller has accepted an offer from buyer, although the transactions are not complete. 2. Transfer of Ownership - It refers to transfer of property 's Title Deed from seller to buyer. Also known as...
They say the best investment on earth is earth. Land supply is always scarce and demand is increasing daily due to population growth. This has made land investment not an option anymore but a life time achievement. There are tips you need to know when Investing in property or land. Identify your investment need, do you want to buy land for commercial or residential. Establish your budget. What can...
Land has limited supply and the demand is increasing daily, therefore ensure you know the trade secrets in land or property Investment. Below are some of terms used in land transactions: Title, this is the legal rights to own the property. Deed, this is the document that shows who has that right, hence referred as Title Deed. Freehold Title, this is where the owner of land has complete freedom...
Land is very emotive due to its scarcity nature and it's ever increasing demand. Land is also a factor of production and appreciates in value gradually. These and other factors make land have many transactions and processes of ownership making it either genuine or not.Below are some of the factors that make land genuine: Has Title deed either freehold or leasehold. Land without valid documents and...
A Real Estate Agent or Consultant connects the buyer to seller or vice versa. They give the buyer all the required information on the property to make sure he or she makes and informed decisions before investing. Therefore, let's discuss what makes them successful in this field. Build good and lasting relationships. Successful agents generate leads and nurture them through building rapport with them,...
Investing in land is one of the best decision you can make for yourself and your kin. Land appreciates in value always since it's a factor of production and demand is high always. Therefore, it's advisable to do search on the land and the owner of the land. Land search is done at the local registry where the land is located. You need a copy of ID of the owner of the land as well as the copy of the...
In every investment there are trade secrets and best practices that when followed will earn the Investors good returns on investment (ROI).The main reason Investors Invest in Real Estate is to generate wealth, to earn cash flow that is generated from rental income or a passive income among other reasons.Real Estate Investment is a capital intensive venture, therefore you need to get it right from onset....
Many Investors take shortcut when investing in Real Estate and they pay dearly, you may be lucky but don't take chances. Follow the following 10 steps to avoid being conned when buying property in Kenya. Step 1: Ask the seller to show you the original Title deed or copy. Carry-out search from local land registry to ascertain the ownership and know if there are any caveat or incumbrances (liens) on...
There is no better Investment than investing in land. 99% of rich people Invest in property, this is because Real Estate investment mitigates inflation, creates a passive income and grows wealth overtime due to capital appreciation. Therefore it's important to invest early in property. Below are ways that can help you create Real Estate Wealth. 1.Buy Land in Prime Locations. Choosing right...
It's unfortunate that there are land selling companies which are after money or profits disregarding interests of the Investors. It's not easy to know the difference, but I will share some check lists. Land Investment shouldn't be a worrying process. Below are some of the check lists to look for before commiting your hard earned money. 1. The company must be registered with the registrar of...