When real estate sales are slow and there is a glut of homes for sale, buyers may have an opportunity to pick up a house on the cheap. The operative word here is “opportunity”. There are times when you should pounce and times when you should show restraint and avoid an impulse buy. Knowing the difference could […]
Buying land can seem intimidating, but it really isn’t difficult at all when you analyze your needs and determine which types of land are most suitable for the home you plan to build. Talk with a mortgage broker or bank loan officer to find out how much you can afford. If you plan to build […]
Many people aspire to one day own their own homes and go to great lengths to achieve this. Certainly in Trinidad and Tobago we have witnessed a rapid growth in the real estate sector and have stood by and watched prices of property soar to all-time highs. Everyone is looking for their dream property and […]
Stamp Duty is a tax that you must pay when carrying out certain transactions that require legal documents. Deeds of Conveyance, Deeds of Gift, Deeds of Mortgage, Release of Mortgage Loan, Release of Life Insurance Policies, Transfer of Shares, Deeds of Lease, Deed Polls, Bonds, and any other deeds, require “stamping”, which means you must […]
In accordance with the Stamp Duty Legislation in Trinidad & Tobago, a number of documents require stamping. Some of these include: Deeds of Conveyance; Deeds of Gift; Deeds of Mortgage; Release of Mortgage Loan; Release of Life Insurance Policies; Powers of Attorney; Transfer of Shares; Deeds of Lease; Deed Polls; Bonds – Performance and other […]
Whenever we think about buying land, we can’t help but hear the theme song for that 1960’s TV show running through our heads: “Green acres is the place for me.” Laugh as you may, urban dwellers often idealize what it’s like to live on acreage outside city limits. So before you decide to dump it […]
Green building You’ve probably heard the term, and perhaps even considered the use of certain green materials or green building concepts for your new home or remodel. But what exactly is green building and how can it benefit you and the world around you? Green building encompasses many different areas of construction, and as such […]
“Neither a borrower nor a lender be” could be translated as: Maybe it’s time to stop renting (borrowing) and buy a home of your own. But how do you know what you can afford? And how do you make the leap from renter to good loan risk? There are many types of loans, but there […]
Generally, the available types of Homes are: Apartment, Condominium, Townhouse and (Detached) Home. The major differences between these types of Homes are Ownership and Responsibility. For Rentals, the Owner has the Ownership and Responsibility of the Rental property (rather than Renter). Following are some Advantages and Disadvantages of these Home Types and their comparisons…
Selecting a real estate agent to represent you in a home purchase or sale can be one of the most important decisions you make. There are obvious considerations, such as choosing a reputable agent with experience in the area where you want to buy or sell. Here are a few not-so-obvious questions to ask before […]
