And thanks to the emergence of property technology, often called “proptech,” even real estate has become a little more accessible than it used to be. If you’re wondering, “What is proptech?”, think of it as
Maybe a few backyard renovations are in store, and in the process, you’ve noticed your neighbors’ hedges have grown onto your property. This may be considered an encroachment. Let’s look at what exactly this means for you as a homeowner and what it means when it comes to real estate...
Real estate, furniture and antiques are all considered illiquid or fixed assets. Fixed-income assets: Investment money that is lent for interest, including government bonds, certificates of deposit and securities. Equity assets: Your ownership interests in a company, like stocks, mutual funds and ...
It’s critical to consider the impact on your estate plan (whether it’s your own or an intergenerational plan) when you leave South Africa. There is no one-size-fits-all solution. Everyone’s personal circumstances, and therefore estate plans, are unique and it’s crucial to seek ...
As a renter, if you’re asked to sign an estoppel certificate, it’s usually because your landlord is selling the property, refinancing, or dealing with a new lender. So if you’re feeling hesitant, signing an estoppel certificate is a standard part of real estate transactions and helps pro...
For this reason, they are considered nonconforming mortgages. As of 2020, the maximum conforming mortgage amount is $510,400. Anything larger is a jumbo loan. 7. Reverse mortgage A reverse mortgage is when the bank extends you a loan using the equity of your home, and you don’t have...
We want to involve the appropriate stakeholders to ensure that input is being considered from the different people involved. We also want to use again the market research to ensure we’re bringing in good, reliable data. Do your homework, meaning act like is if this is your project, if it...
How to register an industrial design: You can apply to register your design with the US Patent and Trademark Office. This is a long process—it can take between one and three years to hear back on your industrial design IP application. ...
A home equity loan, often considered a second mortgage, allows you to borrow against the equity you have accumulated in your property. Homeowners commonly use these loans for major expenses such as home renovations, funding education, debt consolidation and investments. Lenders usually require a subs...
Danny Hertzberg of the Jills Zeder Group at Coldwell Banker Residential Real Estate inMiami, says, "The penthouse is usually considered the premier and most exclusive floor of a residential buiding." But, he adds, “not all penthouses are created equal. Though the actual top floor is conside...