They say purchasing a property is one of the most stressful times in your life. Many people forget the other side of the coin of selling the property. When you decide to sell your rental or your own family home property, it’s essential to know how to maximize gains. If you don’t, seller's remorse can be an emotional journey.
You may want to sell it to earn a quick profit. The process of ‘flipping’ is when the buyers select an old property, make changes, and put it out to the market as early as possible. This strategy requires timing, capital and experience to know what to buy, how to fix it and when to sell. Market performance is one thing, other factors include taxation and stamp-duty considerations.
Regardless of the property you’ve decided to sell, it’s essential to renovate or make the property look better before you allow inspections. Sprucing up a property isn’t about how much you can spend. Sure, spending money on a full renovation may help increase potential buyers, but it’s a decision that will take time, effort and money. Here are a few additional tricks and tips;
Finding the right time to sell your place or investment property can be a game of holding a crystal ball. There are ways to take risks if you know the right tips and tricks. Once you weigh the benefits and drawbacks, you will be able to seize your property goals.
Are you interested in selling your investment property or place? You should evaluate carefully before signing the contract. Legally, you may not have a way out of the contact and sellers remorse after making the decision can have an impact on your emotional state. Afiyah Financial Service is here to understand your goals and lend an ear.
In the journey to homeownership, financial acumen plays a vital role in determining how smoothly you can navigate the labyrinth of loan repayments. Among the financial tools that can potentially speed up this journey, and save you money, is offset accounts in Islamic Home loans. But what exactly is an offset account? How does it […]
National Australia Bank (NAB), guided by Dr. Imran Lum, has been honoured with the Islamic Bank of the Year award at The Asset Triple A Islamic Finance Awards 2023. Though not primarily an Islamic bank, this recognition serves as an unequivocal endorsement of the strides NAB Islamic Finance has made in the sector, both within […]