It's like the real estate agents' mantra: location, location, location. You've certainly heard the phrase enough and may wonder what possesses agents to say it three times. Or you might think it pertains to three different types of locations -- perhaps an excellent location, a mediocre location and a lousy location. We'll put your mind at ease. It means identical homes can increase or decrease in value...
Buying
The preparing of the legal documents for the sale or transfer of ownership of land or other property, such as a car or home is know as conveyancing. The actual conveyance involves three stages: The Pre-Contract Stage, the Contract Stage and the Conveyance /Transfer of Legal Title. In the Pre-Contract Stage the transfer and creation of any interest in property, especially land, is one of the most important...
Following are examples of some of the typical costs involved in the purchase or mortgage of property in Trinidad & Tobago, including attorney's fees and stamp duty. Attorney's Fees for Conveyance and Mortgages Exclusive of Value Added Tax and based on Statutory scale - Legal Notice #77 of 1977: Old Law Deeds 0 - $100,000 1.50% $100,000 - $500,000 0.75% On amount exceeding $100,000 plus...
Buying or selling a home is a complicated process. And you can make it even more challenging when you make some of the more common buying or selling mistakes. Just ask your local real estate agent. You can bet that the agents selling homes in your community have seen plenty of mistakes from both first-time buyers and sellers, and those who have bought and sold homes several times. What does your real...