Monthly Archive: February 2020

Why You Should Enlist the Services of a Custom Home Builder

custom buildingWhen looking for a new home, you will have a variety of options. For example, you can buy a house that is already built or pre-buy a home already being built by a production builder. Another great alternative is working with a custom home builder. Numerous benefits come with working with a custom home builder, some of which are highlighted below.

You Get Custom Floor Plans

The chances are that you already have a good idea of the type or style of home that you want. That can be country, craftsman, ranch, European, or traditional, among others. You may also have an idea of the number of rooms you need, the size of the house, and any other detail that is essential to you. Such details are what will make your home feel tailored and custom to your fit. Chicago home builders can help you come up with the perfect floor plan that will incorporate all of your ideas.

Superior Customer Service

Working with a custom home builder makes it a lot easier to get information regarding the progress or to make any necessary adjustments in the plan. That is because you will have only one point of contact for both the design and construction process. Your point of contact might be the project manager, but that may vary depending on the set up of the company. You can work with the manager to ensure you are happy with the progress, and all your needs and requirements are being met at all times.

You Benefit from Established Relationships

A majority of the reputable custom home builders have been in the industry for years and have developed valuable relationships and broad networks of professionals. Custom home builders can make use of their relationships and networks to your advantage. For example, they can use them to help you acquire new construction financing, a perfect lot to build on and to obtain building permits, among many other things.

They Work on Flexible Terms

Working on a schedule is always important. However, some small changes might be unavoidable, which may alter the plans. Weather changes, selection changes, and delivery setbacks are some of the possible inevitable things that can affect schedules. Custom home builders are usually very flexible and will be able to accommodate the necessary changes that may occur.

Finished Product Quality

With a custom home builder, you will not have to worry about some unexpected expenses or surprises when construction is finished. You can be sure that everything is structurally sound, with all the warranties in place. That offers a lot more peace of mind compared to other options for getting a new home.

A Guide to Purchasing a Land

residential

It is crucial to note that land gains value with time, and unlike other assets, the property does not depreciate. That is why you will realize that there is an ever-increasing demand for land investments. If you are a first-time real estate investor, it is advisable to research and know the factors that you should consider when looking for land for sale. However, buying an area can be a horrifying process when you do not know what to find in this process.

On the other hand, buying land can be far more romantic when you know what you should consider and what to avoid. When you are such a state, this will end up being a joyful process since you will get to own a share of the earth and also make other steps towards investing in a real estate. Therefore, for you to make a fulfilling land investment, the following are some of the steps that you need to put into consideration.

Consider the Location

When you are planning to purchase land, one of the things that you need to consider is the location. For you to reap big when it comes to real investment, you should find the perfect area. Depending on your needs, the place is one of the critical things that you need to consider. For instance, if you need to purchase land to build a residential house, you should find a location that is accessible to various amenities.

Affordability

farmYour purchasing power is also another critical thing that you need to put into consideration when buying a land. Purchasing a commercial or residential property is a long-term investment, and due to this reason, it is crucial to ensure that you get the value of your money. That is why it is advisable to consider affordability. In other words, go for affordable land.

Available Infrastructure

When you are a land buyer, make sure that you ask yourself the kind of infrastructure services that you need on the land that you want to purchase. The availability of water, electricity, and the right roads contribute a lot to the development and growth of a given area. If you’re going to sell and buy land, this is one of the important things that you need to consider.

Ownership History

When you want to own land, it is advisable to check on the ownership history of the area before you commit to paying for it. Ensure that you identify the rightful owner to avoid future problems.…

A Guide to Buying Condos for First-Timers

condo interior

You may hear how great it is to live in a condo. You’ll get to live in the hottest location, and you will also be pampered with all the amenities like a gym facility, a swimming pool, a park, etc. But now that you’ve got interested, and you are planning to buy a condo, you’re probably still confused about where to start. 

First, you can check Clavon to take a quick look at how a professional condo developer is supposed to market their units. From there, let’s discuss the details below. 

Learn the Ownership Law

The laws of property ownership vary from one country to another. And unlike a single-family detached home, if you buy a condo, you own the condo unit, but not the land and the whole building. The paperwork on this may get a little bit complicated, especially about the rules of condo improvements and renting. 

However, in some countries, the law can get specific. In Singapore, for example, there are two kinds of by-laws. First, the Second Schedule of the Building Maintenance (Strata Management) Regulations is constituted by the Building Maintenance and Strata Management Act (BMSMA). BMSMA is like the regulating institution of all condos in Singapore. Second, there is another set of a by-law that is made by condo managements. Different condos will have different rules regarding this second type of by-law. 

Now, back to the BMSMA, condo owners are not allowed to cause a disturbance, obstruction to common property, damage to the lawn, trees, and shrubs, to deposit rubbish and unwanted items on the common property, store flammable liquids, etc. You need to be aware of rules like this before you decide to buy a condo. 

Assess the Location

a crowded districtLiving in a condo is common in urban areas because condos are often strategically located there. If a condo unit is too far away from the central district, there is no reason to invest your money here. In other words, location is a critical aspect to consider when you want to buy a condo. 

However, some condos may not seem like they possess an immediate location benefit. And that is because the developer may have seen some potentials that are not obvious to you. If you see such condos, you should learn the city’s development projects. There may be malls, companies, universities, or other commercial attractions in the next two or five years. In that case, you’d better buy a condo there before the price spikes. 

Evaluate the Pricing

stacked-up coinsThis step requires you to do a little bit of research. First, you have to know the average price of condos in the selected area per square feet. Second, learn about past sales of condos in the neighborhood. If you can’t get this information, you can hire a realtor to consult. Third, you need to scrutinize the offered floor plans of the condo. You should check if the price you are paying is worth it. 

Moreover, if you are applying for a mortgage for the condo, you need to consult a financial advisor. Closing cost, lawyer fees, property taxes, levies, monthly utility fees, monthly condo maintenance fees, and insurance are the topics that you must discuss. 

Top Advantages of Condo Living

condominium unit

One of the most significant snags with purchasing a condominium is that most of them come with complex ownership structures. With condo living, there are a lot of benefits that you will get. Therefore, ensure that you find the right condo unit that has all the amenities that you want. The Penrose condos are among the best condominium units that you can consider buying if you wish to live comfortably, enjoying all the amenities that you want. Therefore, let’s discuss the top benefits of condo living that you need to know.

Less Costly to Maintain

condosWhen you are the sole owner of a home, this means that you are responsible for entirely all the expenses that are associated with your homes like roof repair, plumbing, and gardening. Immediately you manage to manage to buy a condo; this means that you will not be responsible for catering for such expenses.

It is essential to understand that condo living has got a lot of benefits once you manage to purchase the perfect condominium unit. Even if these units are not cheap, you will realize that once you are buying them, there is no more stress about the maintenance costs. On the other hand, they have property managers who will help to manage all forms of work required to keep the condo in a satisfactory condition.

Accessible Locations

When most homeowners are looking for a condominium unit, most of them tend to consider looking for the ones that are in urban areas. But most of these condo units are built-in high locations. Once you choose these modern condos, this means that you will be staying in the regions that are easily accessible at any given time. If you prefer living in urban centers, ensure that you consider condo living.

Tight Security

Another crucial benefit that you will get when you buy a condo unit is that they have tight security. These condominium units have fences and gates with restricted access. In other words, this means that only allowed residents are required to access the premises. Lastly, they have professional security guards who help to make patrols even during the night.

Enjoy Extra Amenities

Most of the modern and professional condominium units have ample amenities that will make most residents happy and comfortable. If you have been paying for the gym and swimming pool sessions, it is crucial to understand that you can get them for free once you buy a condo unit. Apart from enjoying these amenities, condos will also help you to save a lot of money and time.…