5 hidden costs that can appear after buying a house

Homebuyers are always aware of the initial costs associated with buying a home, but sometimes they don’t recognize some hidden costs that occur after the Settlement. The good news is that there are some quick ways to find out about these unexpected costs that may arise after the Settlement and handle them methodically and effectively. The following steps will help […]

Tips for buying property in North Cyprus

Interest in North Cyprus property has been on the rise for quite some time. The region is beautiful, with wonderful sandy beaches and the exquisite mountains of Kyrenia. There are even strict rules to limit the construction of high-rise flats in order to preserve the natural beauty and allow Cyprus to retain its natural charm. With several new developments being […]

Incompetence means you pay more!

During a recent property tax appeal case, we were surprised to hear the local property tax assessor make the statement, “Make me go out of business and I’ll consider lowering taxes.” We looked at each other in complete astonishment and before I could inform the appraiser that I had just admitted that I was taxing the business enterprise rather than […]

Why does wood crack when it dries?

Differential Shrinkage – To get right to the point, wood cracks due to differential shrinkage! Differential shrinkage occurs because the outer fibers of the cover dry out first and begin to shrink. However, the core has not yet started to dry out and shrink, and consequently the core prevents the shell from shrinking. Thus, the shell is in tension and […]

How do I decide the right price to buy a house?

You’ve heard the adage: profits are made when you buy the property. Simple, but powerful. Unfortunately, investors often forget that lesson and end up paying too much for properties. If I’m going to rehab a property and commit funds to that project, it’s critical that I know the right price to pay (and then buy below that number). The formula […]

Why are property prices in Navi Mumbai likely to drop?

Real estate in Navi Mumbai is expected to get a boost in 2015. CIDCO (Maharashtra City and Industrial Development Corporation) plans to auction off almost a hundred plots of land this year. CIDCO has made Navi Mumbai what it is, since its inception in 1972. Developers have often accused CIDCO of rationing land through bidding to increase prices. CIDCO is […]

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