What is Property Valuation? Property valuation or land valuation is the process of developing an opinion of value, for real property. Mistakes to Avoid These are among a few mistakes made when trying to calculate property value without professional help, and should be avoided at all costs. Only compare your property to properties that have sold since by comparing to what...
Identify the land you want to purchase you first need to know for what purpose do you need the property for before you identify the land you want to buy because there are different kinds of properties; residential, controlled development, commercial etc. After which you can now go ahead and look for an ideal property by looking for 'land for sale' signs or use real estate agents to do the land search...
Size of the apartment Most property developers offer different sizes of houses or rather rooms. Hence prioritize what you need most, i.e, is it a big living room? a big kitchen for those who love cooking? spacious bedrooms? or just a medium sized house. Choose wisely before coming into a conclusion 2. Rent price its good to choose a house that is within your budget so that you dont end up...
1. GET APPRAISEDWhen you're looking to buy a house, start by going to a bank to get an appraisal. This will tell you what you can afford. They will look at your earnings and advise you on how much mortgage you can get. Even if you are using your savings, the appraisal will give you a proper idea on where to invest. 2. LOCATION, LOCATION!Most of us want to live in the upmarket, yet that is not where we...