Marker Icon 20.pngMarker Icon 12.pngMarker Icon 17.pngMarker Icon 24.pngMarker Icon 15.pngMarker Icon 6.pngMarker Icon 4.pngMarker Icon center.pngMarker Icon 13.pngMarker Icon 7.pngMarker Icon 10.pngMarker Icon 14.pngMarker Icon 11.pngMarker Icon shadow.pngMarker Icon 9.pngMarker Icon 3.pngMarker Icon 21.pngMarker Icon 2.pngMarker Icon 8.pngMarker Icon 1.pngMarker Icon 18.pngMarker Icon 5.pngMarker Icon 22.pngMarker Icon 19.pngMarker Icon 25.pngMarker Icon 0.pngMarker Icon 23.pngMarker Icon 16.png

Kenyan Real Estate

  • 26/01/2016 10:13 PM
  • 0 Comments
  • Article By Default Admin

A Secret to Real Estate Profits in Kenyan Real Estate

As the real estate market cools, the profit potential of home ownership has cooled as well. Here’s a strategy called “follow the builder.” In Kenyan Real Estate.

It is relatively easy to make a profit when you sell your home if the market is rising sharply like it has been in most of the country for the last three years. It becomes more difficult when a hot market slows down. It’s very difficult to make a profit on the sale of your home when prices are falling.

Is there a way to be relatively sure you’ll make a profit when you sell your home? There is under all but the most negative market conditions. In fact, I’ve seen young, energetic couples use this maneuver multiple times when they don’t even need to move.

Follow That Builder

In many areas of the country, there are builders who build hundreds of houses each year within a fifty mile radius of each other. They build entire communities or are one of three to five builders who build entire communities around big employment centers. This present you with an important opportunity.

New Community

Builders not only in Kenyan Real Estate but in most parts of the world will typically sell first phases of communities for significantly less than later phases. On one hand, they need to get the cash flow moving. On the other, it is harder to sell at high prices because the community typically consists of dirt lots and construction equipment. Put the hands together and you have a great profit opportunity.

The idea is to get in on the first phase of the build out. You will purchase the home at a discount, which gives you built in equity. As the community is built up, you sell the home for a profit at a higher price. While you’re doing this, you keep tabs on the builders’ projects and find another location where you can do the same thing.

You’ll end up living in each house for a year or more and picking up nice profits along the way. The only real downside is you have to move repeatedly.

Tax Consequences

I’ve seen this work well for a number of people who have done it more than once. However, you need to be aware that generating profit this way can have tax consequences. You need to discuss your plans (including projected timing and profit potential) with your tax professional so that you are prepared to deal with any tax consequences.

 

Get properties for sale and more tips on Kenyan real estate on www.kenyan-real-estate.com 

 

 

Read More
  • 26/01/2016 10:08 PM
  • 0 Comments
  • Article By Default Admin

7 Kenyan Real Estate for sale Easy Ideas and Advice for Creating Great Curb Appeal to the Outside of Your Home.

No matter how beautifully decorated the inside of your home may be, if the outside of the house does not reflect what lies behind the front door, you may easily lose the sale.

Potential homebuyers frequently make a list of homes from various internet sites, advertisement listings or through a realtor that they wish to see and then drive by these homes to get a ‘feel’ for the property and the house.  Bottom line, if your home looks unappealing from the outside there is a good possibility your home will be crossed off the list of potential purchases.

Decide to spend a weekend fixing up the outside of your home and stick to a plan.

1).Call two or three local landscapers and ask them to come out for a landscape appraisal but most importantly ‘pick their brain’ for ideas of how best to show your home.  Explain that you are selling the home and wish only to make the most of the exterior at minimal cost to you.  In some cases, you might be surprised, particularly during slow landscaping seasons that you can afford to have a professional lightly landscape your property or at least modify a portion.

For less than Ksh50, 000, an associate of mine had a local gardener come in and plant 12 tropical plants, 8 large flowered bushes, trim the existing trees to shape, pull the weeds, cut out sod to merge two planting beds, plant 20 small flowering bushes and throw down several bags of mulch in 2 afternoons.  She also saved a little more money by having him transplant bushes from another part of the property to the front where she planned to create a more dramatic impact.  Further, his price included clean-up and removal of gardening debris, which saved her a lot of time after the work was complete.  Her soil was very hard to dig into and it would have taken her twice as long to dig one hole as it did for the gardener to dig several; he was familiar with such difficult work and he had all the right tools to do it quickly.  My associate only paid him to service the front beds while she saved money by cleaning up the smaller side beds on the side property by doing it herself.  (The gardener even let her borrow his expert tools as long as she promised to return them the following day, which she did.)

You might be surprised at the minimal but well-worth price of hiring a professional gardener, particularly if you find a local, one-woman/man operation with low overhead. Someone starting a new business might also be less expensive in trying to build a clientele while my associate in turn offered to advertise the gardener’s services by keeping business cards on hand during real estate visits. 

Consider having him/her do a portion of the work and then do the less difficult areas of your home yourself.  Even if you do not have a landscaping budget, call a few local gardeners to come out for a quote just to get some great landscaping ideas you can use yourself.  Most are willing to spend a few minutes of their time even if you do not use their services.  Take their business card anyway and offer to send them a referral.  It is all part of doing business. So consider hiring a professional gardener to add curb appeal to a tired property.

2)  Stand at the curb of your property and look the land from the perspective of the drive-by potential buyer. Get in the car and drive down your street and look at the way your property compares to your neighbors.  If your neighborhood is well-cared for but your property is not; where the trees are overgrown and the weeds are hiding your front door is a clear indication your home will stick out like a ‘sore thumb’ and you may lose the sale. If you live in a neighborhood where your neighbors’ landscaping is ‘so-so’, this is your opportunity to shine.  My associate explained that she once lived in a brand new home in an older neighborhood where few people took the time to landscape nicely so anything she did…add a border, plant a few bushes, and place a park bench near the front driveway with container plants, certainly looked amazingly better than the homes around her property.  When the time came to sell this home, she took a ride around the block and took the position of the potential buyer.  As a drive-by buyer canvassing her own street, my associate noted that the viewer would see blasé curb-appealed homes and then come upon her own, where the flowers were blooming, the green grass was trimmed, the containers were filled with flowers and the inexpensive park bench at the end of the long driveway looked inviting.  So plan your landscape to stand out from the rest and if your budget does not allow for the extras, then the next rule of thumb is to just make the property look ‘neat’….

3)  Neatness in landscaping is important.  If a property looks tidy, the impression you will give to the drive-by buyer is that the inside is neat and well-cared for as well.  Even if you are not a neat person, make an effort to neaten up the exterior.  Find someone who has a ‘neat’ eye and ask for their opinion.

Trim the grass and if you have spotted, brown grass, invest in a bag of grass seed and water frequently to encourage growth. Baby-sit the seeds and if necessary, place a barrier around the area to keep children and pets from stomping on them. Cover new grass-seeded areas with hay or grass clippings to prevent blowing away, from birds eating the seeds and to keep moisture in.  Water newly seeded areas daily.

If you have time before you place your home up for sale, fertilize your lawn…it can make a huge difference in how healthy and green the lawn shows from the street.  If you do not have grass, then create areas with grass.  Consider removing areas covered in stone or weeds and planting with either seeds or sod.  It is a big project if you have little or no front lawn so elicit help from friends and neighbors if needed.  Having some kind of greenery in the form of grass makes a huge difference to a buyer.  Grass is a great canvas to making other areas of your property stand out and grass appeals to many who grew up with front lawns or always wished they had one.  If you live in areas where it is impossible to grow grass, adding stone is another possibility however, be sure that stone works in that area of the country in which you are selling. Stone lawns usually fit in better in coastal properties where sand is the foundation and the cost of carting in topsoil is enormous.  I often feel that all-stone frontage looks out of place in neighborhoods where lawns are more prevalent and gives the impression the homeowner really cannot be bothered to maintain a lawn. I feel that stone is not a warm product if used in large areas and should be contained in smaller garden beds if possible.

4)  Once you have the grass, fix up the existing beds.  (If you do not have any beds in your property, this would be an entirely different article. This article deals with homes, which have garden beds already in place that need sprucing up.)

Garden beds help soften the hard lines of sidewalks, walkways, and the rigid angle of homes.  Once you have weeded these beds, ask yourself, “Does the design of the current beds allow them to be connected in some way across the front of the home?  Do my beds flow?”  The reason that I bring this question forward in a Curb Appeal article is that my associate explained to me that she used to have to separate garden beds in front of her home; one ran right across the front left-side of the home and the other ran down the side of the driveway.  Both beds were disconnected from each other separated by a walkway.  This separated design made the frontage look severed and harsh.  So she cut out the sod from the bed in front of the house, around the walkway and made a connection to the bed nearest the driveway.  It looked like one continuous snake-like bed and once planted with similar foliage the entire property looked really ‘pulled together’.  In doing this she accomplished two things:  1) Softening the hard angles of the walkway, which did not have a garden bed in front of it and, 2) the property had the look of what my colleague refers to as ‘fluid design’.  The eye now followed a soft flow from one end of the house where the bed began to the end of the driveway where the bed ended.  And…there was a small surprise at the end of that bed too, which made the design interesting and appealing.

At the end of the driveway, which is ordinarily dull space, the garden bed ended in a circular shape and she planted just a few extra eye-catching flowers there;  just a nice little touch and the colors were appealing.  The path up the driveway, followed around the walkway toward the entrance of the home was entirely landscaped and pulled together with like-flowers and shrubs.  Not a whole lot, but it was consistent and it was neat.

5)  Another lawn tip from my associate…she did not have time for grass to grow in some ugly, brown and bare spots on her front lawn and in some cases, the grass just never grew back at all. She cut around the bad areas and made a teardrop-shaped cut out on that spot and filled it in with a few container plants she had growing in the yard.  My colleague arranged the containers on 3 different levels…small, medium and large and then filled around the containers with mulch to even things out. The arrangement looked very nice.  One of her empty containers (she often picks them up in the dollar store or finds disposed of in construction sites), she cut in half and placed it cut-side down on the bare spot on the lawn in front of the 3 flower-filled containers.  She filled the cut container with soil and threw in a handful herb seeds, namely dill and in about 2 weeks; the container flowed with pretty green herbs and ‘spilled out’ the container onto the ground covering the area cut out from the lawn.  It made a nice presentation and was not too ‘much’ and at the same time hid the very worst part of our property.  My friend noticed that even after I sold the home, the new owners still kept the container area as it was when she had the home for sale.

6)  Another consideration when taking control of curb appeal when selling your home is to remove or trim down those trees and bushes which hide the beauty of your home. So often buyers look at photos of homes, which show a huge tree in front of the house that hides any view from the inside to the street. If you cannot see the home in a photo or in a drive-by viewing, this again reduces the chances that a potential buyer may be interested in your home.  No one wants to ‘guess’ what a home really looks like and if there are overgrown bushes and trees hiding the house, potential buyers do not want to envision having to clear the property themselves. So be bold and trim the bushes down and if necessary, remove whatever seriously blocks viewing the home’s charm and character from the street. 

7)  Along the lines of seeing a home from the street is the inability to do so if you have cars parked in front that do not always need to be there.  Granted, we need to park our cars but if you have the opportunity to take your car to the street or to the furthest end of your property for a few hours on the weekends or, if you have a large driveway and can move the car away from the front of the home, then take the time to do this. Buyers need to visualize the home as it would be if they lived there and anything which detracts from this thought is a non-plus for you as the seller. Weekends are usually the busiest times for drive-by house viewing so if you can move your car to a neighbor’s driveway or off your own driveway for a few hours, do so.  It may make a difference in the curb appeal of your home.

 

Also, as a reminder, if you have any cars, boats or trailers parked in front of your home, which really do not need to be there…a car you were going to work on or an inoperable vehicle without any registration and kept putting off paying to be towed away, make a decision as whether it really needs to be there or not.  Call a charity to have it towed away and donate it.  Put an ad in the paper or on craigslist for a free boat or project car, but by all means, remove any unnecessary vehicles, which really take away curb appeal and make the property look more like a car dealership or a parking lot than a home. 

So the main items to consider when creating curb appeal are to:

•Neaten up the property

•Plant grass or sod wherever possible – if not possible, hide bad spots with container gardens.

•Trim and cut away trees and shrubbery which prevent drive-by buyers from seeing your property and the home to its fullest.

•Remove cars on higher drive-by traffic days and permanently remove any cars, boats or trailers, which will not be sold with the home.

•Call a landscaper for his/her opinion and talk about a quote for neatening up the property.  See if you can afford at least a portion of it to be professionally ‘neatened’ and if not; get ideas from a professional that you can use later on your own.

 

To go www.kenyan-real-estate.com

Read More
  • 26/01/2016 10:03 PM
  • 0 Comments
  • Article By Default Admin

5 Features to look for when choosing a Property in Kenyan Real Estate Rental Service

If you're thinking of using a property rental service for your Kenya holiday rental or apartment for rent, there are some key features you should look for before making a commitment. You'll want the best possible service while also earning maximum profits for your vacation rental. Here are five major features every property rental service should offer.

1. Excellent Customer Service

Your guests will remember you by the service they receive during their stay at your villa rental, apartment or vacation rental. The property rental service you choose should offer excellent customer service and be able to provide testimonials from satisfied property owners. Your guests should arrive to a clean villa, home or apartment.

If renting for a vacation, golf holiday or some other Kenya holiday, each guest should receive a welcome packet including directions to the rental property as well as helpful information about the surrounding area. If you have an apartment for rent, tenants should be treated well. Rental payment collection, service maintenance and assistance with local utility and phone set-ups should be provided with friendliness and thoroughness.

2. Cleaning Management

A property rental service should provide reliable cleaning management. You might live too far away to handle cleaning or manage a maid service. If you live in England or the U.S., but your vacation rental or apartment for rent is located in Parklands, lavington, Karen, kitusuri, or kileleshwa of Kenya, then you'll need a property rental service that will handle cleaning with care. For holiday rentals and villa rentals, cleaning must be provided between each guests' stay and sometimes during the week of a stay as well. For vacation homes and villas, the lawn must be maintained as well. Be sure this is included with your service.

 

3. Key Holding, Inventory, and Detailed Necessities

You may not be able to handle local errands for your vacation rental or apartment for rent. Therefore, the property Kenya real estate rental service should be entrusted with these tasks. Some necessities to keep the rental property operating legally include key holding, insurance, property tax and levies, building permits or licensing, bank account management, phone and utility set up and billing, etc.

Another area of importance is inventory.  The furniture and other valuables in your apartment or villa rental must be kept on an inventory list and checked physically each time a guest departs. If you live in another country but own rental property in an area of Kenya such as Westlands, Runda, upper hill, Ruai or any other area, then obviously you're going to need someone locally who can check your inventory for you. Choose a property rental service that provides these types of services to eliminate worries while you're away.

4. Building Refurbishing and Major Repairs

Another feature to look for in a property rental service is whether or not they provide building refurbishing services and major repairs. The benefit of this is the provider will already have contacts to do the jobs needed. You won't have to spend endless hours trying to find a dependable contractor or handyman.

 

5. Promoting Your Apartment or Kenya Holiday Rental

Check to be sure the property rental service will promote your apartment for rent or Kenya holiday rental. Promotions will increase your number of rentals and profits each year. A property rental service may handle your advertising in local, national and international venues. If they have a website, they may promote your holiday rentals at the site. If you own a vacation rental near golf courses, then make sure they will advertise your rental from the angle of "holidays."

Keep these features in mind during your search for a property rental service. By choosing a service with great features, you'll have peace of mind knowing that your holiday rental or apartment for rent is in good hands!

 

Get more on www.kenyan-real-estate.com 

 

 

Read More
  • 26/01/2016 10:00 PM
  • 0 Comments
  • Article By Default Admin

10 Ways to Find Investment in Kenyan Real Estate

You’ve got a project with exceptional architecture, you’ve completed months of review and modification, your design team is sure this project will get significant notoriety, yet after hours of going back and forth in City Council meetings, they ask you to cut the project in half, increase the setbacks, or just drop the project altogether.

Does this sound familiar?

Developing commercial and residential projects in urban areas require special care.  While some urban areas are on the verge of new developments, misunderstanding and community opposition can block even the best designs.

You can reduce risks by taking a thoughtful approach to the process.  Some residents and politicians demand programs be based on trust, openness, and consensus building.  This should not mean you compromise your design.  Executing these ten important steps can result in strong design and a smooth process especially in real estate Kenya.

Consensus doesn’t mean that everyone agrees, it’s more about showing respect for different opinions, developing relationships, and identifying shared goals to establish positive public opinion so the project will gain community and government acceptance. It’s important to nurture supporters and expose the extremists.

The following 10 points should be addressed:

1. Create the vision.  It’s about design, not density.  Establish a vision early by connecting it to local settings and looking for ways to build partnerships.  Good design attracts people especially middle class and young rich folks thinking to enter real estate Kenya industry.

2. Know your market.  Do the homework necessary to understand the competition and the market forces that influence a project.

3. Understand the issues.  All communities have a set of unique characteristics and issues that guide their decisions.  It’s essential to have a good understanding of the marketplace, environment, regional influences, and financial aspects.  There is no single solution.

4. Get the public benefit.  Make the benefit for the city & community clear.

5. Pay attention to everyone who has a stake in the project.  Have small discussion groups to get their feedback.

6. Establish trust.  Do this by sharing knowledge and listening carefully.  Be honest, encourage participation from everyone, stay neutral and pursue win-win goals.

7. Inform decision makers.  Meet one-on-one and provide solutions to educate decision makers.

8. Use the media.  Take the high road and keep the message simple.  Talk about helping the community.

9. Use the unique.  Incorporate the area’s physical social and historical environment into the design.

10. Be patient .  Listen carefully, provide guidance, establish credibility, and let the process grow.

By using these ten points, several revitalization plans have been completed in the face of strong initial community resistance.  Guided by strong visions which have been established by working with city programs launched to solicit feedback and educate everyone have had a profound effect in the success of revitalization efforts.

Implementing major public and private improvements can convert old spaces into lively gathering places for community activity.

 

For more go to www.kenyan-real-estate.com

Read More
  • 26/01/2016 09:47 PM
  • 0 Comments
  • Article By Default Admin

10 Tips to Buy Kenyan Real Estate without Breaking Your Budget

You’ve got a project with exceptional architecture, you’ve completed months of review and modification, your design team is sure this project will get significant notoriety, yet after hours of going back and forth in City Council meetings, they ask you to cut the project in half, increase the setbacks, or just drop the project altogether.

Does this sound familiar?

Developing commercial and residential projects in urban areas require special care.  While some urban areas are on the verge of new developments, misunderstanding and community opposition can block even the best designs.

You can reduce risks by taking a thoughtful approach to the process.  Some residents and politicians demand programs be based on trust, openness, and consensus building.  This should not mean you compromise your design.  Executing these ten important steps can result in strong design and a smooth process especially in real estate Kenya.

Consensus doesn’t mean that everyone agrees, it’s more about showing respect for different opinions, developing relationships, and identifying shared goals to establish positive public opinion so the project will gain community and government acceptance. It’s important to nurture supporters and expose the extremists.

The following 10 points should be addressed:

1. Create the vision.  It’s about design, not density.  Establish a vision early by connecting it to local settings and looking for ways to build partnerships.  Good design attracts people especially middle class and young rich folks thinking to enter real estate Kenya industry.

2. Know your market.  Do the homework necessary to understand the competition and the market forces that influence a project.

3. Understand the issues.  All communities have a set of unique characteristics and issues that guide their decisions.  It’s essential to have a good understanding of the marketplace, environment, regional influences, and financial aspects.  There is no single solution.

4. Get the public benefit.  Make the benefit for the city & community clear.

5. Pay attention to everyone who has a stake in the project.  Have small discussion groups to get their feedback.

6. Establish trust.  Do this by sharing knowledge and listening carefully.  Be honest, encourage participation from everyone, stay neutral and pursue win-win goals.

7. Inform decision makers.  Meet one-on-one and provide solutions to educate decision makers.

8. Use the media.  Take the high road and keep the message simple.  Talk about helping the community.

9. Use the unique.  Incorporate the area’s physical social and historical environment into the design.

10. Be patient .  Listen carefully, provide guidance, establish credibility, and let the process grow.

By using these ten points, several revitalization plans have been completed in the face of strong initial community resistance.  Guided by strong visions which have been established by working with city programs launched to solicit feedback and educate everyone have had a profound effect in the success of revitalization efforts.

Implementing major public and private improvements can convert old spaces into lively gathering places for community activity.

 

For more go to www.kenyan-real-estate.com

Read More
  • 26/01/2016 09:40 PM
  • 0 Comments
  • Article By Default Admin

10 Steps to a Successful Urban Redevelopment Project in Kenyan Real Estate

You’ve got a project with exceptional architecture, you’ve completed months of review and modification, your design team is sure this project will get significant notoriety, yet after hours of going back and forth in City Council meetings, they ask you to cut the project in half, increase the setbacks, or just drop the project altogether.

Does this sound familiar?

Developing commercial and residential projects in urban areas require special care.  While some urban areas are on the verge of new developments, misunderstanding and community opposition can block even the best designs.

You can reduce risks by taking a thoughtful approach to the process.  Some residents and politicians demand programs be based on trust, openness, and consensus building.  This should not mean you compromise your design.  Executing these ten important steps can result in strong design and a smooth process especially in Kenyan Real Estate.

Consensus doesn’t mean that everyone agrees, it’s more about showing respect for different opinions, developing relationships, and identifying shared goals to establish positive public opinion so the project will gain community and government acceptance. It’s important to nurture supporters and expose the extremists.

The following 10 points should be addressed:

1. Create the vision.  It’s about design, not density.  Establish a vision early by connecting it to local settings and looking for ways to build partnerships.  Good design attracts people especially middle class and young rich folks thinking to enter Kenyan Real Estate industry.

2. Know your market.  Do the homework necessary to understand the competition and the market forces that influence a project.

3. Understand the issues.  All communities have a set of unique characteristics and issues that guide their decisions.  It’s essential to have a good understanding of the marketplace, environment, regional influences, and financial aspects.  There is no single solution.

4. Get the public benefit.  Make the benefit for the city & community clear.

5. Pay attention to everyone who has a stake in the project.  Have small discussion groups to get their feedback.

6. Establish trust.  Do this by sharing knowledge and listening carefully.  Be honest, encourage participation from everyone, stay neutral and pursue win-win goals.

7. Inform decision makers.  Meet one-on-one and provide solutions to educate decision makers.

8. Use the media.  Take the high road and keep the message simple.  Talk about helping the community.

9. Use the unique.  Incorporate the area’s physical social and historical environment into the design.

10. Be patient .  Listen carefully, provide guidance, establish credibility, and let the process grow.

By using these ten points, several revitalization plans have been completed in the face of strong initial community resistance.  Guided by strong visions which have been established by working with city programs launched to solicit feedback and educate everyone have had a profound effect in the success of revitalization efforts.

Implementing major public and private improvements can convert old spaces into lively gathering places for community activity.

 

For more go to www.kenyan-real-estate.com 

 

 

Read More
  • 27/11/2015 07:08 PM
  • 0 Comments
  • Article By Default Admin

How Do You Sell An Expensive Kenyan Real Estate Home?

You’ve lived in your house for years and taken pride in with numerous improvements. Now it is overvalued and you’re wondering, "How do I sell an expensive house?"

When discussing how to sell an expensive house, there are two scenarios in which the issue comes up. The first is you have a home in an expensive neighborhood, but one which you’re asking for a price comparable to similar homes around you. In such a situation, you should be able to sell your expensive house through traditional means, either as a FSBO listing or through a realtor. The home should be cleaned up and listed with a multiple listing service. Open houses should be undertaken as well as online advertising with photographs. In this current market, you should be able to move the home fairly quickly.

The second expensive house scenario is a bit more complicated. In this scenario, you have improved your home beyond a value supported by surrounding structures. This can often occur if you live in a home for a substantial period of time and make additions to the home such as new rooms, floors, renovated kitchens and so on. The homes in your neighborhood all appraise for roughly Kshs.3, 000,000, but your additions should make the house worth upwards of Kshs.4, 500,000. You have a problem because nobody is going to buy the most expensive home on the block.

What To Do? 

You’re first choice is to hold onto the home and hope the neighbors get around to improving their homes. This strategy is rife with problems and should probably be avoided.

A better choice is to target market your home to a specific demographic. If you’ve added rooms to your home, you should create advertisements directed at families with multiple children matching the number of bedrooms you have. If you’ve gone nuts with improvements in the kitchens and fixtures, you should market the home as “luxury without the price.” The point is to turn your problem into a unique selling position for the house. Trust me, there is a buyer out there looking for a solution to their problem.

Appraisal Problems

If you house is over-improved, every potential sale will fall through because the appraised price will make it difficult for the buyer to get a loan. The best way for dealing with this is to “carry a second” mortgage on the home. In essence, you agree to take a certain percentage of the price in payments over a certain time period. This allows the buyer to get into the house and you to get out. If you go this direction, make absolutely sure you use a lawyer to make sure everything is legal.

Trying to sell an expensive house can be a challenge. That doesn’t mean it can’t be done. Go to www.kenyan-real-estate.com

Read More
  • 27/11/2015 07:05 PM
  • 0 Comments
  • Article By Default Admin

How Directory Listing Boosts Kenyan Real Estate Sales

The real estate industry is a competitive one, and as a player in that market, you’ve got to play every edge that you can find. You’ve got your listings on MLS, submitted your ads to the newspaper classifieds, bought space in local realty For Sale magazines and even set up your own website. Now you need to maximize your exposure by getting the word out about the service that you offer. Listing your real estate related web site with a real estate directory is an excellent way to help drive targeted traffic to your website.

What’s ‘targeted traffic’?

Targeted traffic is what you want to make it worthwhile having a web site. The prettiest web site in the world is only useful if it provides leads for your sales. In order to do that, you need to attract traffic – and not just any traffic. You want web site visitors that are looking for what you’re selling – whether it’s homes, inspections or contractor services.

How to Get Targeted Traffic

You COULD just submit your web site to the search engines… and watch your listing get lost in the thousands of realtor, real estate, house for sale, sell houses and other realty-related web sites. Most web experts agree that in order to benefit from search engine traffic, your listing needs to appear in the first three pages of the search engine results.

There are ways to boost the flow of targeted traffic to your web site – and on the World Wide Web, increased traffic means increased sales. A real estate directory can help boost your real estate sales in a number of ways.

Why List Your Realty Site with a Kenyan Real Estate Directory?

On the web, fewer means more. When you rely on Google and Yahoo! and MSN searches for your traffic, you’re a tiny minnow in the ocean. There are literally thousands of other real estate sites competing for a spot in those first three pages. Want to be a big fish in a little pond?

A listing on the right real estate directory will put you where your potential customers and clients will see you – on a site that’s designed for people who are looking for information about what you sell. Suppose you buy foreclosed homes in Kenya. Because a real estate directory categorizes its listings, your potential clients don’t have to wade through three pages of listings for real estate agents and home mortgage companies to find your listing.

Because the real estate directory has links to and from many web sites that are relevant to real estate, it’s far more likely to rank higher in the page results than any single-realtor site. When you submit your web site to a real estate directory, you’re leveraging the popularity and page ranking of the directory to bring traffic to your web site.

How a Kenya real estate directory boosts YOUR web site’s ranking

But you’re also helping to boost the position of your own web site in the rankings. Because many search engines count the links to your web site to establish the popularity of your web site, every link from an outside site gives yours a little boost. Even more importantly, when a web site that Google recognizes as an authority links to your site, you get an extra little bump up in the listings.

Reciprocal links, search engine submissions and submissions to directories are all important pieces of your web presence and marketing. By paying close attention to them all, you’ll find that your web site pays off in increased sales.

Get more on www.kenyan-real-estate.com

Read More
  • 27/11/2015 06:47 PM
  • 0 Comments
  • Article By Default Admin

How Can A Short Sale Benefit Kenyan Land Property Sellers?

How would it feel to lose your dream home for no fault of your own? Financial problems characterize each of our lives and none of us really know what will affect us when. However, we cherish our dreams and make enormous efforts towards realizing them, oh which some of us come true, some do not, while some we lose reaching almost the threshold of acquiring. A breathing reality that is so much common in all of our lives is the threat of facing foreclosure and eventually losing home to some unwanted agency. Mortgages do have their benefits, but the slightest folly on your part can transform mortgages into deadly nightmares.

There are several turns and twist that characterize our career. Moreover, we have regular needs to meet in terms of ourselves as well as our loved ones, which is why the added worry regarding losing your property due to the inability to repay your mortgage is what none of us would want. However, your mortgage company is after all a business entity and would not want to empathize with you at any given instance. And what is the result? Your property, your own dream home, is under threats of property foreclosure or forfeiture by the lender company.

However, things are still not beyond your control only if you know how to take good care of your property. A short sale comes by as an assured relief here, whereby you can sell your home to someone at a price lower than the mortgage balance (or, less than the loan balance). So how do you profit from such a transaction as a seller? You are the one who wins in the run by being able to avoid foreclosure of your property by selling it of before the actual real estate foreclosure auction takes place. However, this possibility would have never existed if you would have lost the home to the mortgage company.

It is immaterial what you owe to the bank or if your property is less than that value. As a homeowner, you can save yourself all the trouble related to foreclosure sale and also save a lot of money on conducting such an event. If you would have tried selling your house following a normal procedure through a realtor, it would also have cost you a lot of bucks. However, by a short sale of your property, you can actually save some millions of shillings. At times, it is also possible for you as the homeowner to make some money from this deal and keep it for your personal use. Evidently, you are out of money and this cash is going to be of some relief to you and your family.

Your mortgage company will readily accept the cash you provide them because through short sale of a property they can save themselves from a lot of trouble in dealing with the sale of the property under question. They will save a lot of time, labor and some thousand bucks by allowing you to short sale your property and repaying them their balance mortgage amount.

Go to www.kenyan-real-estate.com

Read More
  • 27/11/2015 06:42 PM
  • 0 Comments
  • Article By Default Admin

How Can A Lender Benefit From A Kenyan Property Short Sale?

The event where a property is declared for real estate foreclosure is not only unfortunate for the inhabitants of the domain, but also for the lender organization, which has issued the loan securing it on the property under consideration. Certainly, the homeowner has to undergo a lot of humiliation and embarrassment for losing home, topped with a bad credit score along with inducing for one some restless nights and limitless worries to make things even worse than ever. But it is not only the homeowner who suffers for facing foreclosure, but also the lender entity which has to go through a lot of trouble in recovering its losses.

The lender has now to carry out the entire foreclosure procedure, bear all the expenses relating to conducting a successful auction, refurbishing the property to make it suitable for sale, finding the right buyers or investors and, of course, bearing all the direct losses from the creditor’s part. And often it is so that the lender does not find a buyer at all, meaning loss and more of that! So what can you, as a lender do to overcome this? The answer is simple though many people do not avail of it due to the utter lack in knowledge – property short sale!

Short sale refers to that phenomenon in the real estate industry where the lender agrees to selling the property in question at a lesser rate than the usual industry rate (that is, less than the loan balance), thereby making up for its losses from the borrower not being able to pay back one’s debts. With a successful short sale, the homeowner effectively sells one’s home at a lower price before the actual property foreclosure and pays off the debt back to the lender entity, thereby avoid foreclosure auction. By conducting a property short sale, it is not just the homeowner being benefited but also the lender saving up a lot.

The lender is directly paid its debt back and it can easily overcome the minor losses that this payment default has induced. The losses thus induced are nothing compared to the expenses that the bank would have had to bear n order to conduct the foreclosure proceedings. Lenders are increasingly viewing short sale as an effective alternative to foreclosure as it has its own benefits, which are farther reaching than an actual foreclosure auction. The most overt advantage that short sale has over foreclosure is recovering excessive financial losses. A short sale is usually conducted by specialized professionals and the lender does not need to involve in it directly, thereby saving on its labor.

Unlike foreclosure proceeding, short sale does not involve any additional fees for closing a successful deal. As a lender and the subsequent forfeiter of the property under question, you will not be needed to take up all the trouble of refurbishing or repairing the property prior to the foreclosure auction. There is no need to market the property or sell it. By approving the short sale of the property under question, you, as a lender, can expect to get the property price closer to industry standards, which are remarkably low when a property is put to auction.

www.kenyan-real-estate.com

Read More