Real Estate Guide
What does VA mean in real estate? A VA loan is a mortgage offered through a U.S. Department of Veterans Affairs program. VA loans are available to active and veteran service personnel and their surviving spouses, and are backed by the federal government but issued through private lenders. Does the VA provide a Realtor? Veterans …
What is the solicitors process when buying a house? The conveyancing process takes around 12-16 weeks. Conveyancing Process Step Approx time Pre contract work: appoint conveyancer, instruct local searches, get survey, get draft contract 2 weeks Time to arrange mortgage 4 weeks Draft contract: reviewing survey report, local searches, answering outstanding questions 2-10 weeks How …
Real Estate Investment Trusts or REITs, are companies that invest in income-generating properties and distribute their earnings back to shareholders in the form of dividends. … Dividends are the primary appeal. According to Philippine law, 90 percent of earnings must be distributed to shareholders. How does REIT Work in Philippines? A real estate investment trust …
In short: Yes, buyers can typically back out of buying a house before closing. However, once both parties have signed the purchase agreement, backing out becomes more complex, particularly if your goal is to avoid losing your earnest money deposit. Look to your contract to understand the consequences of walking away. What happens if you …
To qualify for a construction loan under these circumstances, you must typically provide the lender with a sales contract showing that your current home will be sold before you begin paying the mortgage for the new house. Some lenders may even require you to close the sale before they approve the loan. Do you make …
Usually a qualified surveyor would have the knowledge to provide a thorough survey of the property but it is possible that you could be left with a few nasty surprises upon purchasing your home which is why many people are now choosing to undertake their own survey as well as a home-buyers survey. Do I …
Foreign investors are also keen to grab a slice of the pie as shophouses serve as an alternative to owning prime land in Singapore since foreigners are generally prohibited from buying residential landed properties in Singapore (with some exceptions). Can foreigner buy commercial property in Singapore? Can Foreigners Buy Commercial Properties in Singapore? Yes. While …
One of the most evident reasons why real estate prices are so different n in certain geographical areas is simply due to the supply and demand of homes available on the market. In the last year or so, prices of real estate in South Calgary have been on a slight decline because of economic influences. …
TDS on purchase of the property was imposed from July 1, 2013, under section 194IA of the Income Tax Act. According to this rule, TDS must be deducted at 1 per cent if the value of the property exceeds Rs. 50 lakhs. How much tax do you pay when buying a house? Property Tax In …
What do we call the amount of total real estate inventory of a certain type that is unoccupied at a given time? The vacancy rate is the percentage of all available units in a rental property that are vacant or unoccupied at a particular time. What directly influences demand for real estate? Variables that influence …