Press "Enter" to skip to content

Posts published in “Real Estate”

Tips for Helping You Find the Right Condo

Purchasing a condo can be difficult, particularly if you are doing it for the first time. Usually, first-time buyers do not have knowledge about the current real estate market. Some condos such as Forett at Bukit Timah have luxurious amenities. These tips will help you find the best property.

Budget

One of the first things to do when purchasing a condo is to set a budget. Money is a sensitive subject for most people, but it is vital to sit down and analyze the finances. Most people apply for a pre-approved mortgage with a banking institution. That is where the bank assesses your financial statements and determines the amount of money you are ready to loan at a particular interest rate.

Location

condo bedroomAfter determining your budget, you need to begin looking out neighborhoods and choosing where you want to live. During this particular stage, it is vital to be introspective and analyze your personality traits to ensure you find an area that suits you accordingly. You will need to make tough decisions and choose whether you should live in the heart of the city or somewhere quieter. If you are not sure, take your time to check other neighborhoods and spend quality time in the area by talking to locals. If you are planning to start a family in the future, you should keep an eye on daycares, schools, and parks that accommodate your expanding household.

Hire a Professional

Most first-time condo buyers believe that they can undertake the journey by themselves. However, in reality, you can save a lot of money and time by hiring the right professional. Ideally, a realtor can be a blessing in disguise because they have a lot of valuable insight regarding property pricing in a particular area. If you are interested in a given condo, but the asking price seems to be too high, the realtor can negotiate a lower price. Also, it is a good idea to hire a realtor who can help with the paperwork. You should note that paperwork can be a complicated and time-consuming process.

Understand the Basics

Remember that a condo is quite different from living in a single-family house or an apartment. In fact, it is communal living in an urban area and needs collaboration from all owners. You should note that a condo complex is run by an association that meets on a monthly basis to discuss various things, such as security and maintenance. Some associations hire a property management company to oversee the maintenance.

Factors to Consider Before Buying a Condo in Singapore

People in Singapore buy homes after they check on several factors. Therefore, you need to check on several factors before you can reserve a given condo for buying. For example, you need to ensure the space available is enough to accommodate your family members. People prefer staying in a place where they will not be faced with security threats. Therefore, the security of the area where the condo is located in matters. If you live in Singapore, consider getting a condo in Peak Residence. Below is a list of the factors to check out before you proceed to buy a condominium:

Pricing

The condos are sold at different prices based on their size and interior fixtures. You have a budget, and it is necessary to stick to it when buying the condo. Check on the price of the condos, after which you can decide to buy a given unit. Ensure you compare the different units available at Peak Residence before you can proceed to buy a given condo. The source of funds also matters. You can take a loan or use your savings to purchase the condos. Ensure the budget you are working with can accommodate the condo you are about to buy.

Interior Space

It is essential to check on the interior space available on the condo. The best condo to buy should have enough spaces to accommodate all your family members.

living room

The condos are available in different sizes; some are big enough to accommodate three bedrooms, while others are small. Check your interior space requirements before you can move on to buy a given condo.

Convenient Location

Ensure that the condo has a convenient location. For example, the condos should be located in an area where you will easily access public means of transport. You should as well check on the available roads. The road should allow you to move in and out of the residential area quickly.

Availability of Schools and Other Social Amenities

You need your kids to study in a school that offers quality education. Ensure you check on the schools available nearby from where you will decide to book the condo. Moreover, it should be near hospitals. Apart from the schools, you will need a place where you can go shopping, among other social amenities. Check on the location of the Peak Residence condo and check whether you can access shops and schools easily. Always go for a condo where you can enjoy your stay.

How to Increase Your Residence’s Resale Value

Everyone loves the idea of having a new house. With a fresh condition and view, it surely sounds like a new beginning in everyone’s life, doesn’t it? Some people even take this plan one step further by going directly to their new property and leaving their old residence behind. Maybe they have acquired a new apartment in Parc Esta, or perhaps they feel like their old homes are no longer appropriate to live in, they seem to have pretty good reasons to move.

a new house with for sale sign

Then, what are we going to do with our old properties? That may be your question the moment after you finish packing your bags. Selling them sounds great. That extra money you will get after your old house is sold can be your extra cash just in case something unwanted happens. But, increasing the resale price is apparently another story as your home might not have what it takes to be a property with high value. When that happens, you need to do these things.

House Remodeling

a close up shot of a door with keyOne of the most basic things every resident needs to do to be able to add more zeros to the price tag is to remodel the house, especially when the building has quite an ancient look. Do not get this wrong! Many people love something quite old. However, having a haunted-looking building instead of the well-treated manor-like house will not take you anywhere but frustration. If your neighbors start having goosebumps whenever they are somewhere in your land, that is the time to do the remodeling.

Following the latest and newest design can also increase the value of your house. The minimalist designs have taken the top place for today’s trends, and that is precisely what you need to do to your building. This house surgery sounds like something extra pricey, indeed. But, once you have the profit in hands, everything will pay off.

Quality Improvement

There are times when a house can no longer be called a home when it fails to give its occupants a life they deserve. The lousy quality of the house may cause this. Creaking noises somewhere from the basement that sound like shrieking from hell, or the non-stop dripping water from the leaks during rainfalls, those are the signs to start working on the quality of the house.

Again, you probably need to spend much money, especially when there are many parts of the building that need fixing. However, things will get so much better once you can sell it with high resale value.

Tips for Finding a Great Apartment In Canada

There are many rentals in Canadian Cities to choose from. This has made the process of hunting an apartment more confusing and stressful. This write-up is going to put together the essential tips that will make the process easier and straightforward for you. This will also make sure that tenants are protected throughout their tenancy.

Focus on the Neighbourhoods

neighbourhoods,

It is very difficult to choose between the different properties or rentals which are available in different cities. You can get the best rental by narrowing down your search to the neighborhoods that would be right for you. Ideally, you should look for a neighborhood that fits your budget. In addition to this, it is imperative to consider who your neighbors would be and the neighborhood’s atmosphere. You should also factor in amenities like bars and grocery stores.

Picking Your Top Priorities

Apart from the budget, other essential factors need to be considered when choosing a rental property. Do you want South-facing windows? Is parking necessary? Close to your university or work in-suite laundry?

Prepare Yourself for Showings

You should arrive at the apartment showings when you are fully prepared. Carrying the necessary paperwork will make sure that you don’t miss out on important issues. This is the key to getting your dream apartment. Some property managers and landlords will ask you to fill out some application forms on the spot. In other places, you might be required to bring your damage deposit cheque, contact information for the part landlord and your employer, credit check documents e.t.c.

Pre-Measure Your Furniture

furniture

Knowing the size of the different pieces of furniture can help you in finding an appropriate size for a room. Some of the major properties and appliances that need to be measured include king–size beds, wardrobe, fridge, sofa, and dining tables. Knowing what can fit where can save you lots of hassle and money. Also, check whether the furniture can comfortably fit into the elevator and through the doors.

Checking Out the Details

You should get nosy during showings. For instance, you should look at the closets to see if they have adequate storage space. Do the sinks and window frames have any signs of molds? You can also run the shower to test the efficiency of the thermostats. It is also important to close and open the window, flush the toilets and the bulbs.