Overseas residential property-buyers beware! When you buy in Europe, you can pay up to 25% of the purchase price in round-trip costs, i.e., legal and other fees.

Punitively high round-trip transaction costs are incurred in Russia (25%), Bulgaria (24.9%), Italy (17%), France (16.3%), and Greece (15.5%) (i.e., the total cost of buying and selling a property, including all taxes and fees). Purchasers of new property often incur even higher costs, with additional VAT of 20% payable in some countries, according to a report released this week by the Global Property Guide . … more about this »


More so now than ever before it is necessary for the average seller to think of their home as more of a product to be sold as opposed thinking about their home as their home. Like any other product, it has fluctuations as to when it sells best. There are also a number of mitigating factors that will heavily affect the home's sellability. most notably the exterior theme and interior cleanliness and decor.

This has definitely become the era of the consumer. Buyers are expecting and getting more for their dollar than ever before. This is a trend that has become extremely evident in the real estate industry.

One of the most important things about purchasing a home is to find out about the home's history and the history of the neighborhood. Usually the seller's info pack will include a few things, but you should always make sure that you get a property disclosure statement. This statement is a list of everything that the seller knows about the home, positive or negative.

Targeting under-utilized properties may lead to a "diamond in the rough." You can make a lot of money with this strategy. You can also spend a lot of time searching for these profit opportunities.





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