There are several pitfalls in acquiring real estate but there is one that is extremely important to avoid. I have come to realize that the most important thing in a real estate transaction is to buy from the right person. The importance of every other thing in a real estate transaction pales in comparison to this. Mistakes in most other things can be corrected. If…
I have never really understood why people abroad buy land/property without informing their family members or friends. I believe it is mostly due to trust issues but I wonder which is safer – to completely trust a seller who you don’t know well or your family member or friend you have known for years. People who do this often find that when there is a…
I often get asked how many plots are in a parcel of land. Most times, the person gives me the dimension or the area of the land and needs to know how many plots are in it. The first thing you need to know is the area per plot in that location. Is it 660 square meters / plot (sq. mts./plot) or 500 sq. mts…
