Whenever we plan to buy a property, The biggest dilemma for a buyer is what is the Fair Value of Property? It is because of fear of paying more than the market price. There is no straight forward answer to resolve this dilemma. In fact, sometimes people postpone purchase decisions in anticipation of price correction. In other words, they wait for the fair value of property. I am tracking real estate sector of key markets from last 6 years but i have never seen instances of sharp price correction. In last few years, prices have softened and corrected by 10%-15%. I do agree that there can be ... Read More
Negotiate Property Deals – 9 Important Tips for a Buyer
To Negotiate Property Deals is the maiden topic that came to my mind under real estate category. The first step of all property transactions is "To negotiate property deals". Let me admit that "To negotiate property deals" is an art which cannot be taught completely. In my post on Property Negotiations - Avoid These 5 Mistakes i highlighted common mistakes that can be easily avoided while property negotiation. Some people have born negotiators and of course, no one can beat women in negotiation skills. It will be right to say that Women are the best in "Bargaining". There is a difference ... Read More
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