To understand snagging and when to carry out a snagging inspection is very important, especially when we are looking at a new build home. If you’re wondering ‘what is snagging?’ and do not understand the ins and outs of a snagging survey or when a snagging report should be carried out this guide is for you!
What are the basic principles of investment? Buy low sell high. If you are able to follow this formula with all your transactions, you’d do very well for yourself. Impossible, right?
But there is a way to do this consistently. Through property investment. It’s called Buy & Fix. Americans call it Buy & Flip.
2 In 1 Package
For anyone with money to invest, one of the go-to options for most people is property. Whether you are looking for a single property investment or are going to delve deeper with a full property investment portfolio, it’s vital you understand the sector. With money to spend, there will be no shortage of companies offering their services. Your options will be wide-ranging and varied, but it’s often beneficial to work with one company, especially when you need a mortgage too.
One of the most important things about investing in repossessions are the renovations you do to the property once it’s yours. We recommend to read our guide on renovating repossessed properties, to learn how you can optimise every property investment you make, whether it’s been repossessed or not. However, if you haven’t got the time, here’s some quick ideas that can boost the properties value at a budget.
Repossessed houses offer great value for money – however, due to the nature of this type of property, renovation costs, at times, can be steep. Because of this, it’s essential to have knowledge on how much renovations can potentially cost for repossessed properties.
‘Fallopia Japonica’, AKA the ‘Japanese Knotweed’, was originally located in Eastern Asia on the side of volcanoes. It was first introduced to Europe as an ornamental plant in the early 1800’s. Following an increasing understanding of Japanese Knotweed, it became recognised as one of the most quickly spreading weeds in Europe, and arguably one of the worsts plants you can possibly find in a property you reside in.
Buying a new home can be exciting as well as a little daunting since it’s a major decision of life for most. However, the important thing to remember for first time home buyers is to meet the challenge head-on by doing your share of homework and not jumping in with both feet. This will make the task less daunting and more exciting as it should normally be! (more…)
When repossessed homes are sold through an auction, the trustee (the lender who has obtained a deed of trust against the property) is obligated to get as much as possible from the sale. Buying a house in an auction isn’t as easy as it seems. Real estate cash investors often compete aggressively to buy the property and sell it again at a higher price possible. If you are planning to buy at a foreclosure auction, here are four tips to remember: (more…)