Imperial Housing Blog

Imperial Housing Blog (7)

1. Check out for the state of the Market.

This affects the pricing of the property. If the demand for good and quality properties is higher than the supply, the prices go up and vice versa.

Knowing the market state helps you ensure you do not end up paying more than you should.

While buying your ideal property, one must visit the location of the it in order to see the reality, to have the visuals and put a clear image to the imagination one has.

  • Authenticity:

Helps ascertain the genuineness of project. For a home buyer, you are required to have your own taste, originality and preferences. Site visits helps confirm the authenticity of the land, plot or house you are willing to purchase.

KEY TERMS, SERVICE TERMS.….

In every company there are the main services that they offer. These services mostly include what they are good at, what they can offer at the very level best.

At Imperial Housing there are key terms that we use to summarize what we do and today we are going to simplify it all. Buckle up because here we go…

Property Development.

Also known as Real Estate Development and is a business process, encompassing activities such as converting ideas from paper to real property. It is different from construction, although many developers also manage the construction process.

We buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from the beginning to end. We usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards.

 


Managing Agent and Letting

This includes effective management of residential, commercial or industrial schemes. It is an integral, crucial, and time-consuming element for the well-being of any property, which, when done correctly, can add substantial value to your investment. We, at Imperial Housing limited, unburden you from the tiring duties of advertising your property, getting a client and letting it in good conditions. At the end of the month you just need to receive your rent.

Valuation

This is the process of determining the current worth of a property, house, land, plot etc. There are many techniques used to determine value. As the analyst, Imperial Housing Ltd placing a value on a property looks at its ownership and management, the composition of its structure, the prospect of future appreciation and market value of such properties.

Estate Consultants

As Estate Consultants we provide research, analysis and advising services to clients such as construction developers, investment banks, mortgage lenders, materials producers, builders and property investors. We provide services to many types of business or investors and specialize in a particular type of client. Imperial Housing Limited takes your wants and needs and try to make it happen, make it ideal and real.

Financial Consultants

As registered members of ICPAK we work with clients to develop individualized financial plans for savings, retirement, investments and insurance.

Home ownership is more than having a roof over your head and much more than building impartiality. From health benefits to better financial situations, you can feel great about your purchase with the below heads-up…

Real estate agent is the person working individually or is associated with a company or an association which could help one to buy or sell property, a house, a plot or a land.

For a property owner, one of the biggest annoyances is to sell the property at an excellent rate. This is where the role of a real estate agent comes in and thus the 9 reasons why you should hire a real estate agent for buying or selling a property:

1.      Vast knowledge and experience in the field 

 A professional real estate agent is backed by regular updates of the current market condition; this allows helping clients in selling or buying a property.

Whether a seller or a buyer everyone needs a real estate agent when dealing with the property matters; as they have a good knowledge of listed properties. Real estate developers have a good tie-up with agents helping to get buyers for the property. They can provide you list of people and references with which they have worked with and from which you can choose.

When getting into a property transaction in Kenya, there are several imperative things you need to fully understand and research on. Like any legitimate business, the existence of getting swindled or ‘conned’   is as much a possibility as getting the right deal.

To avoid such complications and traps, it is important to:

#1. To check the validity of the title deed

#2. The zoning of the property

#3. Whether the land rates and taxes have been paid up to date.

#4. It also necessary to check if there are any caveats against the property or any pending disputes on ownership.

After searching for months now, you’ve found your ideal home and then comes the process of putting in your initial offer. When you go to buy a house, you are certainly hoping and praying to get the best price and terms. What most people don’t know is that for ‘best price and terms’ to happen, you need to know when to start negotiating and when to stop. That begins with being familiar with the market, down to the neighborhood and maybe even the road that it’s located on.

This is where the tips come in…

#1. Get Your Finances in Order
When getting yourself a deal from real estate, it’s better to be safe than sorry. Your offer is much less persuasive if it doesn’t include a mortgage pre-approval. You can get this from your bank. At Imperial Housing, we advise you on how to go about it, what is required from and of you.