Category Archives: Real Estate and Property

House Insurance Online Guide: 5 Mistakes You MUST Avoid When Buying Home Insurance

Home insurance is something that most people require. While it is very easy to search for house insurance online, it’s not as easy to actually select a policy. There are plenty of mistakes that people make when selecting coverage. Just one mistake can cost you dearly.

Since it’s probably one of – if not THE – most valuable asset you own, it’s essential that you buy the correct type of insurance for your house.

Here are some huge mistakes you’ll want to avoid when purchasing house insurance online:

Mistake #1: Underinsuring your home

Many people go with the lowest price thinking they will save money every month. They buy only enough insurance to cover the mortgage, or only insure the house for its real estate value, in the gamble that the house won’t burn to the ground or get flooded out.

But that shouldn’t be a gamble you take. What you should do is buy enough coverage so that you will easily be able to rebuild the home. Building a house usually costs more than what it is worth – especially considering the increase in construction prices.

Mistake #2: Not buying contents insurance

Don’t forget about the actual contents INSIDE the home when shopping around for house insurance. Make sure the policy includes your personal belongings. What are you going to do if your favorite, expensive piece of jewelry is stolen? Or all of the furniture, floors, and appliances on the first floor and basement are destroyed in a flood?

Mistake #3: Overestimating your amount of coverage

Don’t just assume that because the monthly payment is high that it covers everything. You must know all of the details of the policy. You could end up filing a claim for nothing. Before making any agreements with an insurance company, make sure you understand what is covered, what is not covered, when you will be allowed to make a claim, and for how much.

Mistake #4: Not setting your deductible correctly

Another common mistake many people make when buying house insurance online is setting their deductible either too low or too high. With too high of a deductible, you could end up with large premium payments. With it too low, you will wind up paying more out of the pocket when something goes wrong.

Mistake #5: Ignoring certain types of weather coverage

Whether you live at a high elevation and don’t think you’ll need flood coverage, or live outside of an area prone to earthquakes and don’t think you’ll need earthquake coverage, you are mistaken. Anything can cause a flood, including a plumbing disaster. Even if it’s not your entire property, you’ll still have some damages to worry about. As for an earthquake, there are states other than California, HI, and Alaska to worry about. There are Faults in other parts of North America as well.

Keep these factors in mind when searching for house insurance online. The best place to start is with Lemonade. It offers a variety of affordable policies for homeowners and renters, and even covers contents. If you’re lucky, you might even be able to find Lemoande sales and coupon offers.

Types of House Foundations for Home Construction

A slab foundation is simply a poured slab of concrete that a house is built upon. A Slab foundation usually sits upon a footing that has been been constructed below the frost line. The concrete slab is typically 4 to 8 inches in thickness with embedded steel rods known as "rebar" to prevent cracking and faulting. The house foundation is built directly on the soil with no basement or crawlspace. All water lines and waistlines are installed prior to the concrete being poured.

SLAB FOUNDATION ADVANTAGES

One of the main reasons slab foundations are popular is the cost factor. Slab foundations are the least expensive and the quickest to install. Slab foundations reduce the cost of the entire building simply because the houses built directly on the slab. That saves the cost of floor joists that would normally support the building. Slab foundation homes are easier to heat because there is no airspace under the house affecting the interior temperatures.

SLAB FOUNDATION DISADVANTAGES

Because there's no basement or crawlspace all ventilation duct-work must be channeled through the attic and through spaces in the walls. There is no additional space for utilities and no storage, the entire home is basically sitting on a large platform of solid concrete. Although slab foundations are the least expensive house foundations to construct, they're the most expensive to repair. All the plumbing for the home is basically under the concrete slab making it impossible to repair without tearing up concrete floor which is now part of the interior of your home. Leaks are difficult to detect because they're under the slab and in many cases go undetected for years. An unusually high water bill is the first indication that you may have an underground leak.

THE SECOND OF THE THREE TYPES OF HOUSE FOUNDATIONS-CRAWLSPACE

Crawlspace foundation consists of a perimeter concrete wall and concrete columns that will support the floor joists of your home. The distance between the soil and the first floor of your home is known as the crawlspace.this foundation is either built the ground level or over shallow excavation depth from 3 to 4 feet. The exterior foundation walls will support the building load and several concrete Piers will be constructed in the crawlspace for extra support. Crawlspace foundations in the past have been built using the original soil as the floor, and recent changes in building codes are now insisting on at least a two inch cement flooring to be used to help control any moisture problems.

CRAWLSPACE ADVANTAGES

A Crawlspace foundation raises the home 3 to 4 feet above the ground level. This has many advantages, all the plumbing and wiring and ventilation ducts can easily be maintained and serviced. In addition to providing access under the home crawlspaces allow airflow under the home. This will assist in cooling in the summer, crawlspaces are usually cool when properly ventilated.

Crawlspace House Foundations in Flood Areas

If you live in an area that is prone to flood, having a crawlspace foundation is a blessing. By installing flood vents into the foundation you can reduce the possibility of structural damage to your foundation. Flood vents when properly installed will allow the flow of water under the home which reduces the amount of pressure that a normal foundation would experience in a flood. Flood vents are designed to let the water flow in and let the water flow out without damaging the foundation. Flood vents are so important that the Federal Emergency Management Association (FEMA) has made the installation of flood vents mandatory type A flood areas.

CRAWLSPACE DISADVANTAGES

The cooling effect that the house experiences during summer can freeze the house in the winter. The floor joists in the crawlspace must be heavily insulated which will raise the cost of construction. Water can collect under your home and provide an ideal insect nesting area. The most concerning disadvantage occurs only if these foundations are not properly maintained or are built without proper ventilation. Fortunately flood and air vent technology has eliminated many of the dampness and mold concerns of the past.

THE THIRD TYPE OF HOUSE FOUNDATIONS- BASEMENT

The basement is a typical house foundation which includes an entire living space under the first floor of your home. Aside from providing additional living space the basement provides easy access to all the utilities of the home. The basement foundation begins with a footing below the frost line and then concrete walls are erected approximately 8 feet above the footing, a concrete slab is used for the basement flooring. Basement foundations have the advantage of providing excellent storage space, and clean dry space for all utilities. Many times full basements have been converted to apartments that can be rented and provide the homeowner with additional income. Whenever a basement is converted into an apartment at least one egress window must be provided.

Disadvantages of Basement House Foundations

The primary disadvantage of the basement is that because a good part of it is beneath ground level they are susceptible to leaking and mold formation. In areas with a high water table is sub pump may be installed to combat flooding. Basement house foundations are the most expensive to construct due to all the extra material needed and time to build it. However this additional expense during construction will make your home easier to maintain. A home with a full basement typically has a higher resale value than either of the previous types of house foundations mentioned.

The Important Things Before Renting An Apartment In Sihanoukville

If we talk about Cambodia then it is not limited to the beauty of temples or monasteries. What beauty does Cambodia offer to everyone? Well, besides the temples and monasteries, everyone can enjoy the beauty of the enchanting beach. You can relax in a coastal city in Cambodia, the city is called Sihanoukville. Sihanoukville is a proof that Cambodia has other selling points in terms of tourism and luxury accommodations. Sihanoukville is a favorite of world travelers to relax and enjoy the evening atmosphere in clubs or beachside restaurants. They can also enjoy quality accommodation at sihanoukville property that will enhance travel in Cambodia, especially Sihanoukville.

The atmosphere on the coast of Sihanoukville is much targeted by foreign tourists. There are many beaches to relax, the most famous of which is Occheuteal Beach. After enjoying this beach, you can visit several other beaches such as Serendipity Beach, Ream Beach, Hawai Beach, Lazy Beach, Otres Beach, Prek Treng Beach, and Independence Beach. If you cannot stand to enjoy the crystal clear waters of the beaches you can also swim right away, then snorkel or dive.

Each beach has its own beauty and uniqueness. However, no less than that, the accommodation offered is also very special. Every tourist can rent luxury apartments at affordable prices, they will also be presented with various facilities such as luxury furniture, Comfortable beds, Luxury bathroom stuff, kitchen, High speed WiFi internet, Breathtaking view on city and sunset, Outdoor swimming pool, CCTV, Housekeeping service, Smart LCD 65 “TV, water and electricity supply independently, etc. Luxury apartment is very suitable for you who come to Sihanoukville with your wife, two children, your mother and father.

There are many apartments that are very worthy of rent in Sihanoukville. You can see a list of the best apartments in Cambodia real estate. After you look at properties, some of the most important things to do are, adjust your budget, arrange priority scales, and check units carefully.

The ability of the budget is not only able to pay monthly rent but also other costs. Calculate carefully how much money is spent each month. Determine the ability of the budget before choosing an apartment. Calculating financial capacity is very important; do not let yourself get trapped in the pressure of rental costs that are beyond financial capacity. If you force it, be prepared to be evicted from the apartment because you cannot pay.

Setting priorities is also important before renting luxury apartments in cambodia real estate. Consideration in choosing an apartment is not just a new building; it offers beautiful views or complete facilities. But also pay attention to everyday mobility. How far the apartment location can support your vacation activities? For example, close to the beach, restaurants, shopping, public transportation, etc.

The most important thing after the two things above are implemented is to inspect the unit carefully. It is strongly recommended not to immediately believe in persuasion marketing apartments. You should immediately check the unit you want to rent, not go to the sample unit but look at the current condition of the apartment.

Well, those are some things that can help you rent an apartment in Sihanoukville, Cambodia. Make sure you do it right and make your vacation or business in Sihanoukville run perfectly.

Fabulous River View Condominium in Bangkok

When you have the opportunity to stay in Bangkok for a few weeks or a few months, what do you consider? Actually there is nothing to worry about in this city, because you can easily get anything here. One of the easy things you can get is occupancy; there are many residences to choose from, one of which is luxury condo Bangkok. Condos in Bangkok are here to give everyone the opportunity to live in Bangkok in an easy and affordable way. As we understand that, choosing housing depends on taste, there are those who prefer amazing views, while others consider the best value for money. I think Bangkok is the center of Thailand’s economy, so Bangkok’s luxury condo is more suitable for those of you who have a dynamic spirit, young executives, business people, or retirees who want to spend time with luxury.

Living in Bangkok doesn’t mean you are constantly surrounded by crowds. However, there are many residences that offer tranquility and natural beauty. One of the residential communities that carry this concept is Banyan Tree Residences Riverside Bangkok. This community contains hundreds of luxury and distinctive condos located on the banks of the Chao Phraya River from the Old Town Region and a business district. This property offers a secret sanctuary in the quiet and historic Old Town area. This is one of the reasons why condominiums in Bangkok are perfect for business people and corporate executives who expect peace after completing piling company projects.

Not everyone has the opportunity to visit Bangkok and live in one of the best condos. Bangkok condos offer absolute luxury that is difficult to compare. There is no other building that can beat some of the most luxurious buildings in Bangkok. Bangkok is home to the best vertical housing in the world; all residences are equipped with luxurious facilities such as a Jacuzzi, swimming pool, fitness center, garden/BBQ and lobby. In addition, tenants can get 1-4 bedrooms for all family members. Come to Bangkok and enjoy a special place to stay with an amazing river view.

The design of luxury condominium projects located on the banks of the Chao Phraya River is considered the best in the world. If you live in this condo, your self-esteem will increase dramatically. Bangkok condos like Banyan Tree Residence Riverside are masterpieces of vertical housing that are exceptional in design and architecture. Its location which is not far from the Chao Phraya River about 16 meters makes it easy for residents to enjoy private life with the atmosphere of the river that soothes your mind. Well, the flow of the river will influence one’s mind to stay calm, comfortable and not worry about the situation. In addition, the surrounding air temperature will also support the peaceful atmosphere.

Bangkok is a paradise of apartments and condos. Riverside condominiums in Bangkok are targeted residences for all people who visit Thailand for various purposes whether it is business or leisure. So, wherever the destination is in Thailand, the residence must be at luxury condo Bangkok.

The Right Level of Real Estate Services

Everyone has a different approach to real estate and investment, and there are different levels of real estate services available to you based on your personal desires and needs. Whether you want a real estate agent to do everything for you or you want to handle everything yourself, there is a level of service that is tailored to and applies to you.

Full service real estate gives you everything you need.

When most people think about real estate services, they’re thinking about full service. Full service includes everything: the real estate agent will help you stage your property, advertise it and market it.

There are many benefits to full service: you’ll get everything done for you and you won’t need to worry about it. Your real estate professional will also be able to advise you regarding the current market prices and to discuss more complicated aspects such as concessions with you.

However, the trade off is that you may find that you have limited control over the sale of your property and that you will end up spending more money than you would with other levels of service.

Limited service gives you a more cost-effective solution.

A limited service real estate service will submit your property to the multiple listing service (otherwise known as MLS), in an attractive and professional format. Limited service is usually extremely affordable and allows you to control the direction of your property’s sale.

However, it does mean that you’ll need to do all of the legwork on your own: once your property is listed, you will need to complete the showings and negotiations yourself. This is an excellent solution for those that want to sell their own home but still want direct access to the MLS.

With limited service, you will need to do the appropriate research to ensure that you’re doing things properly, and you may want to invest in learning more about the real estate market and the process. If your time is very important to you, you may prefer full service.

FSBO transactions leave it all up to you.

FSBO sales, or “for sale by owner,” allows you to control every aspect of your property’s sale. Owners that wish to go in this direction may need to be a little creative; they will need to advertise their properties on their own through real estate listings and will need to research techniques for selling their house at the top dollar.

There are many classified listings and websites that are open to for sale by owner transactions, and there are other tactics that can be used such as open houses. When completing an FSBO transaction, the rewards are usually quite substantial; an owner that completes an FSBO transaction will often save thousands if not tens of thousands of dollars.

For owners that have the time, an FSBO transaction may be a viable solution; however, most owners will benefit from at least purchasing an MLS listing service.

Which type of real estate service is best for you depends on the amount of time you have available and the amount of initiative you’re willing to take.

Limited service offers a cost-effective compromise between full service and managing your listing completely on your own while fully managed real estate takes all of the effort of the transaction off of you.

Fully managed services will also usually sell faster; if you have limited time to make a sale, you might want to consider this. Sellers who are not sure of the level of service they need should think about it carefully, because the cost of this service can vary greatly.


Popularity of Online Real Estate Services

If you have the bitter experience of dealing with a real estate agent and don’t want to involve one to assist you in making a decision about a real estate transaction, it is quite calm. Online property sites provide all possible information about property throughout the country, with a few mouse clicks.

Of course, the online real estate services provided by various portals have been transforming the way property transactions take place in India, in fact the whole world.

You no longer have to run around an agent, or friends or relatives to get information on properties around. Simply log on to a good real estate portal or 99-acres and get going. You simply have to select the desired city where you want to buy, rent or sell out a property, in order to get information on various properties available in the segment.

Here, we list out a few other advantages that these services bring you as a package.

Speed: Online Real Estate services offer you instant information, unlike property agent services that you may find irritating. You don’t have to chase a property broker, who works at his own pace and many times not systematic enough to get you desired information.

Independence: Of course, you are no longer dependent on your friends, relatives, neighbors or property agents. You also don’t have to face pressure from the mediating people to get the deal closed, as you have an independent source of information available 24×7.

Reliability: Since, the online property services are available on mass level, they are not biased or manipulated. A property agent may drive you to undertake a property transaction, even if that does not suit your needs and aspirations, for his own sake of commission.

Free of Charge: Online real estate services are absolutely free of charge. You don’t have to shell out a hefty fee as in the case of deal through property agent.

Undoubtedly, with these many advantages, popularity of online real estate services is touching skies, with each day passing on.


Professionalize a Real Estate Services Firm

Today’s property market scenario is not amenable to companies that don’t present a professional front. Clients today are far more aware than ever before, and have become very aware of the difference between specialists and amateurs. Keeping this in mind, it is important to know what makes a real estate services firm truly professional in this new environment.

The inherent nature of the real estate business makes it very different from other business lines. Since it is difficult for the average person to successfully make the transition into the real estate business, a significant challenge for a professional property services firm is sourcing and training the right professionals.

Another challenge is developing a business plan or strategy that factors in the needs of the market. In today’s scenario, it is surprising that there is still so much emphasis on brokerage, when in fact the required services bouquet is much larger than that.

A truly professional real estate company needs to chart all aspects of the real estate market and have an entire array of service offerings. Considering the needs of the market today, the most successful real estate service firms offer every conceivable service – including research, consultancy, transactions, project and development services, integrated facility management, property management, capital markets, residential, hotels and retail advisory.

Nor is just offering such services sufficient – because of the high competitiveness prevalent today, the company should have operatives that have considerable expertise and experience in each segment. I don’t know how many of you will see it my way, but I have always believed that the most successful business people surround themselves with people that are smarter than themselves.

This is very true in real estate, where it takes large teams of very talented people to find opportunities, zero in on them, groom clients and finally close transactions. If you don’t have the right people in sufficient numbers and rely solely on a small core group of experts, your business will crumble.

In India, the value a property services company adds to the overall market depends entirely on its local expertise, experience in matching Indian property to global requirements, its bouquet of services, the differentiators it introduces into these and whether or not it adheres to international best practices in property business.

A professional realty firm has clear, concise, measurable and achievable goals. It knows its market, the dynamics that drive it and the people who run and patronize it. Its business verticals are clearly defined and impeccably staffed, with sufficiently autonomous departments that are nevertheless centrally controlled.

Being a Jack of all trades and master of none only works well for smaller outfits that focus on making quick deals. A truly professional firm concerns itself with building a reputable brand that wields authority, respect and trust on the market.

When we talk of professionalizing a property-related services firm, we must obviously touch on the true definition of ‘professionalism’. Professionalism in any business line is primarily defined by two aspects – transparency and ethics.

India’s real estate market is largely fragmented, and it is impossible to organize it all. By adherence to international best practices this business, a property firm can attract and retain corporate clients by offering the vital aspect of transparency in all its dealings and processes.

Likewise, high ethical standards are indispensable to a professional real estate firm. To illustrate the challenges we face on this front, I would like to quote from the Management Guide For Real Estate Associations, which is a publication of the International Real Property Foundation – “Ethical perceptions and international business are highly influenced by cultural differences. Because of cultural and ethical relativism, real estate business that is conducted across national boundaries may discover ethical conflicts. Major ethical issues that complicate international business activities include sexual and racial discrimination, price discrimination, bribery, harmful products, and telecommunications – specifically, enforcement of country-specific laws, copyrights, and questionable financial activities.”

To put it in a nutshell – in a professional real estate firm, things not only look right, they ARE right… and vice versa. Nothing less will do if a firm wants to set itself above and apart from others on the Indian real estate market.

It is evident that adhering to such parameters is not as easy as reading about them. In real estate, it is always tempting to find the shortest route to profits. This is a path that usually involves compromises. One tends to cut corners on hiring the best people, following professional ethics, keeping clients happy and staying current on the latest trends.


Real Estate Services for You

If you don’t have good experience to deal with or find a real estate agent, then there is no need to worry about this. Online real estate provides all information about your needs. Now today every business will be online so you can find the best agent in Malibu California online.

You don’t need to go to friends or relatives to get information about nearby properties. Simply search for Malibu real estate on the internet and you can find all information about the property. Now people prefer online services. That is why online services are increasingly popular in California. There are so many real estate companies that provide online services. But you have to choose the best service, because you will invest a lot of money, if you choose the wrong one by mistake then you can face many problems.

When you purchase or sell any property then you should keep in mind about high amount transaction and significant investment. Trust and faith plays an important role in this field. Real estate business required specialization in fields like management and property management estate etc.

This business includes much type of fields like commercial properties, industrial properties, residential properties etc. All construction firms have a connection to real estate firms.

Market value and price are two important aspects of this business. The Market Value is the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arms-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion.

Property management is an essential part of realty business. It includes large commercial properties, apartment properties and many more. In property management managers find ways to maximize profit. There are property management companies have their own property management divisions.


Luxury Real Estate Services

Hidden deep in Mexico there is a small community that is a hot spot for foreign vacation homes. Mexico’s tropical climate makes the area attractive to foreigners from all over the world. Mexico is known for having beautiful beaches and delicious food. Foreign developers show interest in developing high-rise condos and controlling planned communities throughout Mexico. As Mexican tourism continues to gain popularity, visitors often start buying houses and condos in Mexican cities. Foreign development in Mexico has resulted in a new marketing strategy for foreign marketing companies.

American marketing companies are targeting non-native Mexicans, and showing them the advantages of owning Mexican real estate. Most buyers are looking for vacation homes where the buyers can come and go as they please. Some buyers are chasing in on their current real estate and relocating to Mexico. Marketing companies show potential buyers the advantages of owning property along or within popular Mexican cities.

The popularity of high-rise condominiums has infiltrated Mexico’s most popular cities. Condominiums allow residents to live within minutes from the beach, among the resorts that lure tourists to the area. Marketing companies target young investors that are interested in owning property in the most active parts of tourist cities. Living in downtown Cancun enables residents to enjoy the white sand beaches and the night clubs which are scattered around the area. Real Estate prices in Mexico are relatively cheap when you compare them to most foreign real estate prices allowing more foreigners to own real estate in Mexico.

Another popular type of real estate in Mexico is master planned communities. Master planned communities are being built in many Mexican cities. The communities allow residents to enjoy the calm private atmosphere that a quiet Mexican city can provide. Master planned communities are being developed and designed to accommodate the needs of foreign investors who are looking for quiet vacation homes. These communities come with full amenity options in order to attract potential buyers who are looking for convenience within their community. The popularity of these communities in America has lead to their development in Mexico. Foreigners are demanding the same luxury homes and amenities in their vacation homes in Mexico. This type of development has allowed some Mexican cities to keep their small town feeling that makes them popular second homes locations.

Marketing companies are providing web-based and actual tours of these communities in order to show potential buyers the property. Many of these communities are located along the beach and have a restricted beach area. Marketing companies use this amenity to show customers the privacy that is available in these types of communities. Small towns that are less known as tourist cities still have the luxury restaurants and night clubs that made cities like Cancun and Acapulco popular, they just lack the over popularity of those major tourist cities.


Choosing the Right Property Agent – How to Do It?

Estimating higher prices for selling property is an old trick used by real estate agents. This is done so that people who want to sell property will be impressed by the large numbers, and then choose the agent over their other competitors. However, excessive property prices will keep the property on the market for months, while homeowners lose money.

The practice known as selling a listing is only one of many tricks used by real estate agents who want to attract the attention of their clients. Smart home seekers will be able to find out how to look at this marketing trick and see brokers who really intend to sell property.

The following are a number of tips to help home sellers choose the right real estate agent to meet their needs and successfully sell the property.

Prepare an Interview – Don’t treat the first meeting with a property agent as a casual conversation. Treat the meeting as you would for a job interview, with the agent as the position seeker while you hold the final decision. Compile specific questions that can find out their experience and sales history, and how they operate.

See Reputation – Reputation can be seen from the licenses and awards. Some well-known agency offices usually have a company website where they contain official office addresses and outstanding agents, this can be a reference in choosing a trusted agent.

Find Out Profile – A person’s profile can give you lots of information about how that person works. You can find it through their website and social media accounts, including Facebook and Twitter, you can get an idea of ​​how they work. Do a quick search about them and their agency office. Most importantly, see how they market online and how effective they are at finding potential buyers.

Request References – Both buyers and sellers should ask agents for written references from previous clients, including their contacts. With that, you can contact their old clients and ask important things about agents. Ask some important things like performance, how to market, how long the property was sold, etc.

Choose an agent who has negotiation skills – The agent’s ability to negotiate is the key to getting the best deal possible, no matter the initial price. In the end you have to find an agent you can count on to think of the best thing for you in the sales process.

Look for agents who are knowledgeable – Finding agents who have lots of knowledge is key because each region has its own challenges regarding the real estate sector. The ideal property agent must know the factors of the existing facilities at the location, understand the environmental conditions and know the government policies in an area.

Those are some important tips for getting the best and profitable property agent for you. Perform the steps above correctly and get a favorable selling price. Have a good fight!!!