DEAL NO DEAL DEAL NO DEAL (Property sellers keep changing minds as they hold out for more cash)
He was all set to rent a unit in a condominium in the east.
And had already agreed on the rental amount set by the owner.
Then the owner changed his mind and wanted to sell it instead.
IT consultant Ryan [...]
Filed under: Buying, Real Estate Facts & Figures, Renting, Selling | No Comments »
In 2001, property agent Daniel Chua, 48, was offered $1.13 million for his 1,700 sq ft terrace house in Bedok.
It was a good price, he reckoned, considering that he paid $970,000 for the place in 1998.
A similar-sized unit near his place was sold for $750,000 in 2000.
Mr Chua thought he would never be able to [...]
Filed under: Buying, Real Estate Facts & Figures, Selling | No Comments »
What can a buyer do when he is given the roundabout by the seller?
He can’t do anything, property agents said.
So long as the seller has not received the buyer’s cheque (with the 1 per cent option fee) and signed the option to purchase agreement, the deal is not on.
This agreement usually provides buyers with an [...]
Filed under: Buying, Real Estate Facts & Figures, Selling | No Comments »
Residential investment property has gained immense popularity over the past decade. Owing to the increase in demand for rental accommodation, and the resulting rise in rental income, more investors are likely to dive in the residential property business. However, not all residential properties are profitable investments, and some investors might lose money if they don’t [...]
Filed under: Buying, Property Investment, Property Management, Renting, Selling | No Comments »
Customers will soon be able to buy, sell and rent residential and commercial properties at the post office.SingPost has signed an agreement with ERA Realty Network to provide a one-stop service to customers looking to sell, buy or rent public and private homes and commercial properties.
It will initially be offered at three of its post [...]
Filed under: Buying, Real Estate Facts & Figures, Selling | No Comments »
Living rooms are where we feel able to relax and be comfortable. However, when selling your property, you may have to sacrifice some of your creature comforts for image.
1. Pack away as much clutter as possible - videos you don’t watch regularly, piles of magazines and books, and all those odds and ends you have [...]
Filed under: Guides, Selling | 1 Comment »
Pricing your home is an art not a science. Achieving the optimal prices is the result of both objective research into similar properties and instinct in determining how much a buyer will be willing to pay for your home. The right price will attract showings, which will generate offers.
The unfortunate fact is that price [...]
Filed under: Guides, Selling | No Comments »
These days, when it comes to selling your home you have many options to consider. So how do you ensure that you maximize the return on the sale of your home while minimizing the time and frustration? By learning the right questions to ask.
There are 4 fundamental questions any real estate professional should be [...]
Filed under: Guides, Selling | No Comments »
What should you fix? Anything that a prospective home buyer will think should be in working order on the day of sale, including:
All appliances. These include air-conditioners, furnace, boiler and hot water heater. They don’t have to be new, but everything should be in working order. Clean out lint from the dryer. Make sure the [...]
Filed under: Guides, Selling | No Comments »
One of the biggest mistakes home sellers make is listing a home with obvious, although small, problems.
Any house — even a brand-new house — needs fixing from time to time. It’s just that buyers don’t want to be reminded of this obvious truth when it comes time to plunk down their cash.
Most buyers would rather [...]
Filed under: Guides, Selling | No Comments »
