Buying and selling a property can elicit an overwhelming experience to both parties involved in the transaction. Unless the deal has been closed, either the buyer or the seller can be under a lot of stress. To ensure that the agreement is legally binding, exchange of contracts should be properly executed.
What is Exchange of Contracts?
There are several things to consider when buying or selling a property. One of the key points to reckon with is the exchange of contracts. Exchange of contracts is the process wherein both the buyer and the seller of the property settle the agreement... Read More
One of the best destinations to start a new life on our planet is the magical island of Koh Samui in Thailand. This little piece of heaven with exotic forests, relaxing beaches and laid-back lifestyle is surely a great place for those who dream of a luxurious and wonderful life.
Those who think that the best thing about Koh Samui is that it’s close to the airport and they can immediately return in case they don’t like this island should just keep in mind that it’s almost impossible to dislike this place. In fact, everyone who has traveled to Koh Samui has fallen in love with it, promising... Read More
Financial planners always recommend setting money aside for unexpected home repairs so you can attack issues with cash rather than credit. When you use credit, you’ll incur interest charges, which will make the expenditure greater. Of course, if your budget is already stretched to maximum elasticity, establishing such an account might seem impossible. However, these three approaches to establishing a rainy-day fund for home repairs will help you find the cash to get it done.
How Much Should You Have on Hand?
The amount you’ll need typically varies according to the nature of your... Read More
The thought of buying an older home can be a romantic one. After all, older properties have a sense of character and history that's impossible to implement into newer homes. These houses have passed through decades, helped to house generations, and weathered the storms of the past. Additionally, many older homes were carefully hand-crafted by masters in their trade, which means that they have unique elements that you simply don't see in new homes anymore.
With beautiful backgrounds, bigger gardens, and more personality than your standard dime-a-dozen family home, it's easy to see why... Read More
Where do you start when paying down debts? If you are like most consumers in a new study, you first choose to pay your personal loans. These debts are usually the easiest to keep up-to-date on. However, this is not always the best tactic to take.
How Consumers Are Paying Their Debts
TransUnion, a consumer credit company, recently released a report that found that personal loans tend to take priority as we pay our bills. Compared to other debts, consumers were least likely to be delinquent on personal loans. These were then followed by car loans, mortgages, and credit... Read More
Before you started a career in real estate, you might have not realized how much variety there is when it comes to buying a home. Now that you’re in it for the long haul, you should learn about the different types of real estate and try to narrow your focus into one specialty and focus on the niche details that will make you an expert in your region.
Typically reserved for developers and farmers, vacant land sales are usually quite large and come with equally sized commissions. However, it’s important to note that lot and land buyers are much different than homebuyers.... Read More
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