FAQ

FAQ

Popular Question

Depending upon the type of case it is, a rent agreement can be taken care of in the following way:
  • When the rent contract is from year-to-year / exceeding one year’s rent / reserving yearly rent, then a registered document can be created, which both the landlord and tenant must execute.
A list price is how much the seller lists the home for, also referred to as their “asking price.” The sale price is the amount the home actually sells for.
There are many ways to add to your home’s value, including simply making your monthly mortgage payments! Some of the more popular moves to make include making small upgrades to the bathroom and kitchen: change out handles and fixtures, put in low-flow toilets, and paint or stain cabinets.
Standard lease periods are generally either 6 or 12 months. A longer validity of a lease is subject to the agreement between the home owner and the tenant.
FAQ

Customer Question

From start (searching online) to finish (closing escrow), buying a home takes about 10 to 12 weeks. Once a home is selected an the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions).

In sellers’ markets, increasing demand for homes drives up prices. Here are some of the drivers of demand:

  • Economic factors
  • Interest rates trending downward
  • A short-term spike in interest rates
  • Low inventory
A buyer’s market is characterized by declining home prices and reduced demand. Several factors may affect long-term and short-term buyer demand, like: Economic disruption - a big employer shuts down operations, laying off their workforce.
Sellers can flat-out accept or reject an initial offer. But there a third path that is quite common, sellers can initiate a counteroffer. Remember this: a deal isn’t dead until it’s dead. So, if a counteroffer is proffered by the seller, you’re still in the game.
EMI stands for equated monthly instalment paid towards a loan. EMI includes contributions towards both principal and interest on the loan amount.
Our agents will advise you, clear all your confusions and help you through the paperwork.
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