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Tuesday, 6 June 2017

SELLING YOUR HOUSE? TIPS ON HOW TO SAFEGUARD SALE PROCEEDS !



Usually property fraudsters are people with extensive involvement in the selling of houses or real estate for criminal purposes. If you are a layperson selling his or her property chances are high that you are already beaten by these people's schemes from the word go. This article endeavors to help you by giving some tips based on age old practice that lawyers have effectively implemented, safeguarding sale proceeds even in the face of these hungry predators.





Wednesday, 17 May 2017

HOW IS A HOUSE SOLD ?

How is a house sold ? In life this usually becomes a very important question to many people. We all know how to sell say house hold property like old sofas, gadgets like cell phones, laptops etc. You can ask your friends where they sold theirs this is very easy because people do it on a daily basis. However, this is not the case with a house or those assets that are classified as immovable property ( e.g a piece of land, shop, flat, factory etc ) simply because no one sell their house every day. Yet in life the need to sell a house or any form of immovable property can suddenly become urgent. The pressing circumstances vary. Sometimes its because of a lucrative opportunity you must capitalize as soon as possible. Maybe its an acrimonious divorce were you need the money to start afresh. For others it’s a deceased estate and there are many beneficiaries anxious for their own piece of the cake. Yet to others its because of ambition detecting that one goes through advanced academic studies and payment of whatever tuition fees required. So to all these people the million dollar question becomes How  is a house sold ? or How is immovable property sold?

Friday, 5 May 2017

WINNING & RETURNING RICH REAL ESTATE CLIENTS – SECURITY SYSTEMS TO CONSIDER

The rich demand security for their valuable assets.
Burglar in action

















Just one wealth client can be good enough to provide business that constitute a greater percentage of your income. This may mean repeat business that can support your enterprise for years because these individuals have the money that does so. It can also mean lucrative capital profits for sellers or large commissions to estate agents when they purchase high value real estate in affluent locations like Borrowdale in Harare. Some are tenants who have the capacity to pay monthly rent of at least US$1 000.00 exclusive of City Council rates without fail. This rent will mean a handsome commission of US$150.00 per month for property managers that will also come without fail. But these people will not just give you this great business for nothing because they have their own special needs that must be met by you and a sane real estate player will do everything reasonable to win or return this valuable class. One need that virtually all of them want to be met by the property is security. This makes sense because these individuals have very valuable assets like jewellery, sports cars and merchandise about whose security they lose sleep. So if your property has security amongst its features then I guess you would have acquired for yourself a license to print money for a while. 

PERIMETER WALLING AND OTHER VALUE ADDITION METHODS FOR PROPERTY INVESTORS

Perimeter wall = Security
Value appreciation of immovable property is one of the biggest motivators for investing in real estate. It means harvesting good profits through capital gains or higher rental income to property owners and more commission to estate agents.   A depreciation in value means the opposite – a   lose of equity, profit or commission. Value appreciation being this important therefore, techniques that allow investors to positively influence the perception of value in the eyes of the market are welcome. Here are three worthy of consideration and these are perimeter walling, landscaping and a paint finish called eggshell. 

Tuesday, 4 April 2017

SIGNS AND TIPS THAT HELPS TO AVOID COSTS SUING A DEFAULTING TENANT


An angry client of mine stormed into one of his rented properties at around  00:01 mid night and ordered a defaulting tenant to vacate the premises with immediate effect ! Shocked by this militant move the tenant packed all his belongings and left the house. I still wonder where in Harare did the tenant go to find a vacant house in the dead of night. This tip worked instantly for this landlord but its not however, one of those Iam recommending to you in this article.

Definitely, if you have rented properties you need to have a sustainable way of dealing or avoiding defaulting tenants because they will cost you money and reduce your rental profit! Most landlords at the time of defaults are usually not financially capable to sue a defaulting tenant. Probably, its because the money they should use is that the tenant would have not paid.  So if there are ways to avoid this expense and save money then such ways are most welcome. To this end here are some signs and tips on how to avoid  expenses suing a defaulting tenant.


Friday, 31 March 2017

INFANTS LEAVE BEITBRIDGE HOSPITAL WITHOUT A BATH - A PREPAID WATER METER SAGA !

Newly born babes and their mothers at Beitbridge's district hospital reportedly had to be discharged without a bath after ZINWA recently disconnected fresh water to the last town before the Zimbabwe/South Africa border. At  4 hours of age hospitals gives infants a bath which is important for removing unwanted soil such as blood and a baby's earliest feces called meconium. But for the little ones born recently in Beitbridge a bath like this never happened because there was no water in town.  ZINWA argues that the Beitbridge Town Council had to pay first in order to be supplied water according to the new prepaid water meter system. But Beitbridge said it needed time to first prepare for the prepaid system to which ZINWA said it was too late because it had given the council sufficient time to do so and it would proceed with water disconnection. A prepaid water meter is a water measuring and recording device that require residents to pay first in order for it to allow the supply of fresh water.

Thursday, 16 March 2017

TRUMP' S AMERICA - REAL ESTATE PRESIDENT FACES SKY ROCKETING HOUSE PRICES

President Donald Trump
With the election of its real estate mogul president the USA opened 2017 with sky rocketing house prices that are obviously beyond the reach of ordinary Americans.  New in office President Donald Trump begun receiving criticism recently for hosting Japanese premier Shinzo Abe at his Mar-a-Lago resort in Palm Beach, Florida. Reports have it that Mar-a-Lago has already doubled its prices and fees for example what is known as the initiation rate that is charged on new members by the golf industry is now $200 000.00 hence the western media has called Mr Trump, Marketer In Chief. The American president's golf business empire uses his surname as its brand so its possible that he might have made economic gains through hosting the Japanese leader.


Friday, 24 February 2017

HOUSE BUILDERS’ HARDWARE AND 5 TIPS ON HOW TO OPERATE THE “SOFTWARE”.



Build your house and maintain its value.
Many house builders who build for renting out are a stressed lot due to their involvement in the day to day headaches related to property management. Their mastery of the physical aspects of house building which I call the hardware part is not reproduced in the property management aspect which I call the software part. Many houses which are beautiful pieces of art on the urban landscape are ironically sources of psychological strain for owners who oftenly are unequipped to cope with the challenges associated with letting a house to tenants. Rent and rates defaults, broken window panes and lawsuits are part of the downside of letting your house. Property management which comes as a full time engagement is therefore aimed at minimizing these bad things so that the landlord can maximize on the great advantages of real estate investment. In computing terminology software means the how to part of using a PC which is the hardware and hardware without software is useless because one cant do without the other. Here are 5 tips on how you can minimize the problems that can arise when you rent out your house. 

Tuesday, 14 February 2017

4 Factors That Can Make A Real Estate App A Million Dollar Enterprise



App developers must tailor-make their solutions.

In my nine years as a property consultant involved in the selling and letting of immovable property or real estate I have witnessed the emergency of various ITC applications meant to market real estate. I have been an account holding client of all these major websites for years and my hands-on experience with all that they offer and in real estate has given me valuable insight about real estate focused applications and I would like to share it with you. Of late they have worked hard to improve the quality of user experience by working on aesthetics and search capabilities. For example on search capabilities they introduced predictive text that suggest names of places as the person types in a convenience just like that offered by Google. But satisfying the needs of home seekers profitably demands more than pretty graphics and generic solutions that can be cut and paste from the internet. Home seekers demand tailor-made solutions that gives answers to problems they are facing on the ground as they do property search in the Zimbabwean market. I will therefore suggest areas that ICT entrepreneurs must work on in order for their applications to become million dollar enterprises despite the current economic subsidence.