Vernica's Journal

Real Estate Myths List higher than the market . – Listing higher than the market will cause your property to remain on the market longer. I am sure that your goal is not to have your property sit but to get it sold. Start with a low offer when buying – This is not always the best approach. See what the market is saying, and make an offer based on it. Also depending on the demand for a particular property my advice is to always put your best offer forward. You don’t want to lose out, your low offer may just be an insult to the seller. Buyers save money by not using an agent – Not necessarily. First of all in the Turks and Caicos we do not have a buyers Agency, hence, there is no cost to the buyer to use an agent, all agent costs are on the seller. Also, your agent is there to negotiate on your behalf, and can point out possible defects that you should consider that may cost you money once the deal is closed that you would not have otherwise taken notice of. All agents are the same – ...

Think about a town home as a line between a Single Family home and a Condo. Town home living gives you the best of both properties. In the Turks and Caicos Islands, many families have chosen to purchase a town home as their permanent place of residence, while the lesser majority have chosen this kind of real property as a rental investment.  I will share a handful of advantages that makes a town home desirable. Town homes gives you the feeling of living in a home instead of a resort. While at the same time you can have access to amenities; these amenities will vary depending on the size of the town home development. Even though you are sharing a physical wall with neighbours on both sides, this makes it easier to develop a sense of community. Many families want to live in a home style property while still belonging to a community, a town home gives that opportunity. You pay less Home Owners Association (HOA) fees based on the square foot of the town home. Hence, making a town h...