1. Proof of Ownership The title deed is the official document that confirms the current owner of the property. When you’re buying a property, you must ensure that the person selling it actually has the legal right to do so. Without seeing the title deed, you could unknowingly enter into a transaction with someone who doesn’t own the property or doesn’t have the authority to sell it (for example,...
Renting can be a smart choice for various reasons, depending on individual circumstances and goals. Here are some compelling reasons to consider renting: Flexibility: Renting offers the ability to move more easily, which is ideal if you have a job that requires relocation or if you anticipate significant life changes. Lower Initial Costs: Renting typically requires less upfront capital compared to...
Days on market (DOM) in real estate refers to the number of days a property remains listed for sale before it is sold or taken off the market. This metric serves as a vital indicator of the market's health and the property's attractiveness to potential buyers. A shorter DOM typically suggests a strong demand for properties in that market, potentially resulting in quicker sales and competitive bidding...
A realtor can be incredibly helpful for several reasons: Market Knowledge: Realtors have extensive knowledge of the local housing market, including current trends, pricing, and neighborhood information. This helps them guide buyers to suitable properties and negotiate competitive offers. Access to Listings: They have access to Multiple Listing Services (MLS), which lists all available properties...
Sure, consultancy in real estate typically involves providing expert advice and guidance to clients involved in buying, selling, leasing, or managing real estate properties. Here are some key aspects and services that real estate consultants might offer: Market Analysis: Assessing current market trends, property values, and investment opportunities in specific locations or sectors of the real estate...
Nairobi’s satellite towns, regarded in some quarters as the working class bedrooms have continued to lead the recovery in property prices. According to the Hass Land and Property index which highlights advertised selling prices and rentals, house prices in Ngong recorded the biggest price jump between January and March this year at six per cent. Other satellite towns with notable house price gains...