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June 2017

10 Tips to get your property ready for rent

So, you have property and you want to rent it out. There are a few things which are good to know to get your property rented fast for a good price. The key is to remember that it is not you who will live in your house, but it is your tenant. Take care to buy things that are hard wearing, easily cleaned, functional and long lasting. Here are some tips, feel free to add to the list: Add a bit of wow...

What Affects Perceived Property Value

Some of the features that help increase perceived property values are obvious-like a re-modeled bathroom, a modern kitchen, or a sought-after neighbourhood. But here are a few features and circumstances you may not have realised can affect your property values. The neighbours: Not every neighbourhood or community has an appealing perceived surrounding or neighbourhood. Your surrounding neighbours’...

Some Real Estate Terms to Know

Acceptance An offeree's consent to enter into a contract and be bound by the terms of the offer. Appreciation An increase in the value of a property due to changes in market conditions or other causes. The opposite of depreciation. Assessed value The valuation placed on a property by a public tax assessor for purposes of taxation. Assessment The process of placing a value on property for the strict...

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