Archive for April, 2009

If you find the place absolutely heavenly and have completely set your mind on investing in property in Costa Rica, it is best that you keep a few of the following in mind, before you shop till you literally drop.

Acquaint yourself with the place: If you are a potential buyer here, you must first acquaint yourself with the bigger picture of Costa Rica, keeping in mind the environment of investment and also more practical things like if the lifestyle suits you.

Gunning for the perfect location: Costa Rica is a beautiful and vibrant place and the property you fall in love with might be breathtaking, but always remember that the surrounding atmosphere will soon get to you if you cannot tolerate it.

Realtor and client relationship: Approach a realtor locally only if you can trust him. The relationship should be one of exchange of information mutually. He should be able to give you an unbiased analysis of the locations and property.

Your goals: Your goals, which refer to what the reasons are that you want to live here, must be on your mind constantly. Thus every aspect must be deeply analyzed before making a decision; you should not tire easily of the property.

Think practically: The cheapest property or the most expensive property might not always be the best option. Certain parameters, such as the topography and the neighbors must all be taken into consideration.

Keep feet on the ground: Costa Rica might seem like heaven for most, but you must keep your feet on the ground even if your head is in the cloud. Make a dream like decision without losing touch with reality.

Worth it? : You must first ask yourself whether this perfect getaway is worth the expenditure for you and your family. The answer should be yes.

Flipping out: Even though the property might seem perfect to you on the day you buy it. Once you start living in it you will realize that it will have to be changed to a certain extent to suit your lifestyle.

Lucrative investments: It is often the case that one is guaranteed great returns that are too good to be true. Expect the worst however.

Enjoy: Once you have sealed the deal, there is nothing left to do but enjoy it. There is no place for regrets.

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April 20th, 2009 shopping | Comments
 
 

For those beginning in the real Estates market, to invest in the right places is very important. There are some basic improvements and re staging that you would have to make now to be money – minting Real Estate Agents in the long run.

Get your homework done: If the property next to yours sold after renovating the kitchen and bathroom and fixing new appliances, you won’t be able to sell yours with just a new kitchen cabinet. You must be aware of the status of the properties around you and what is expected out of your property.

Landscaping is important: Only renovating the interior will not help, the landscape around the property will have to be done up as well. Every plant dying must be scraped up and the yards must look new born.

Make it an eye-catcher: This means that the exterior has to be spruced up. Whether it requires re painting, or replacing doors and windows, do it. Exterior lighting also makes the house more buy-able.

Paint: Painting is very important, it adds to the feeling of new-ness. Don’t limit yourself only to the walls; paint the ceilings and closets etc. However, try choosing neutral colours.

Kitchen and bathroom: The kitchen and the bathrooms are key elements in selling. In this again you need to do your homework and research on what kind of renovations sell in that particular area. You mustn’t look like you took the cheap way out compared to the rest.

Replace flooring: Or at the most, upgrade it. The flooring must look healthy and must suit the theme of the house. Choose wisely while deciding on whether to incorporate wall to wall carpeting or not.

Change old switches: Old and yellowing switchboards makes a property look a decade or two older than it is. Hire an electrician right away and do the needful.

Install crown moldings: While choosing such a molding, ensure the fit and the size along with its style is perfectly correct. Try avoiding the retail ones; those easily give away their cheap prices. Remember to add new baseboards if you plan on remodeling the moldings.

Stylize the lighting: You can make the property look super great by just adding some new chandeliers in the rooms.
Upgrade plumbing: A plumber comes in very handy right before gunning for the sell.

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April 20th, 2009 real estate | Comments