Buying a house off-plan has its benefits, but it also has its risks. Use the following precautions to minimize the risks and protect your investment:
Make Sure the Contract Protects Your Rights
When buying an off-plan property, you will be buying a “proposed” property rather than one that is existing. You shouldn’t just take the developers at their word when they make claims of how the house will be built, the materials that will be used and the type of security features that will be in place.…
As a new rental property owner, you have an excellent opportunity to generate income from your tenants. However, it’s important to remember that some of your rental income will have to go into property maintenance, including emergency property maintenance. While some maintenance requests are clearly non-urgent (trimming shrubbery, for example), other situations will require immediate attention regardless of the time. Here are some of the most common emergency property maintenance situations you can expect to face as a landlord today.…
If you have been wondering whether you can get a mortgage and buy a house without a job, know that is it possible. You just have to convince the mortgage lender of your ability to repay the loan. Use these four tips to help you in this quest:
Show Verifiable Income
The first thing you need to do is to prove that you have an income. Mortgage providers typically want proof of job because they want to prove that you will be able to service your home loan.…
