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Real Estate News & Articles

What Is My Home Worth?

What Is My Home Worth?

A house appraisal is an opinion of value, an estimate of worth. The value of residential real estate is estimated by comparing the subject house with similar properties that have been sold recently. Look at your neighborhood to find comparable sales or properties in similar neighborhoods that share similar characteristics of lifestyles, income level of…

Lower Your AC Energy Usage

Lower Your AC Energy Usage

While fans cannot replace air conditioners, they can provide supplemental cooling, especially on comparatively cooler days. Substituting fans for air conditioners can reduce energy use by 60% or more. Here are some tips: Consider installing a programmable thermostat if you do not have one. You can save as much as 10% on your cooling bill…

Buying a Property

Buying a Property

The preparing of the legal documents for the sale or transfer of ownership of land or other property, such as a car or home is know as conveyancing. The actual conveyance involves three stages: The Pre-Contract Stage, the Contract Stage and the Conveyance /Transfer of Legal Title. In the Pre-Contract Stage the transfer and creation…

Closings Costs Explained

Closings Costs Explained

Following are examples of some of the typical costs involved in the purchase or mortgage of property in Trinidad & Tobago, including attorney’s fees and stamp duty. Attorney’s Fees for Conveyance and Mortgages Exclusive of Value Added Tax and based on Statutory scale – Legal Notice #77 of 1977: Old Law Deeds 0 – $100,000…