The war in Ukraine has had a significant impact on most economies around the globe – therefore it comes as no surprise that it also affects house prices.
Higher House Prices Due to Inflation
Especially, the conflict has led to an increase in inflation rates, you probably already noticed it, no matter which country you live in. In some countries – due to this inflation – prices are increasing faster than wages. As a result, people are getting poorer and possibly can’t afford to buy houses anymore.
Many people already gave up looking for the cheapest property for sale. There still are some out there but usually those are in need of some work and further investment to be able to live in them or rent them out.
The cheap houses for sale, now seems to be those that were just a normal price before. Especially in bigger cities there is a shortage of housing. Also, when it comes to creating new housing, they are usually luxurious expensive stuff – as there is just a lot more money to be made.
How the War in Ukraine Affects House Prices of Newly builds
First the pandemic and now war, those has been major factors in the shortage of building materials. This in turn has led to a considerable increase in the price of new build houses all around the globe.
Also the increase in gas and energy prices have been a great hit in the market. Running machinery on the construction site, having to pay higher wages – all of this contributes to an considerable increase.
This might be felt stronger in some countries than in others.
What are the Effects of War on Housing Markets?
Housing markets are always affected by wars. The effects of war on the housing market depend on a lot of factors, including the duration and intensity of the war, the location of the war, and how it affects other countries and other aspects of life.
War can lift housing markets in some cases. For example, during World War II there was a shortage in construction materials like steel and timber. This led to higher prices for these materials and an increase in demand for homes as people wanted to buy houses before they became too expensive.
However, most wars have negative effects on housing markets. For example, during World War I there was an economic depression that led to lower demand for homes because people were not earning enough money to afford them.
Conclusion: The Impact of War on House Prices
The conflict has led to a significant shortage of houses and higher prices for those that are available. This is due to the increased cost of construction materials, as well as the number of refugees fleeing from the conflict zone. These people need housing but there is not enough supply, leading to higher prices and shortages.
If you have a house for sale, now is a good time to get a good price for us.
We all get old, that is just a fact. How do we imagine our future as an old person? Where do we like to live? Here we will look at two options: independent living such as in a retirement village and living in a nursing home.
What is a Retirement Village?
Retirement villages are a type of retirement home that provide accommodation and communal activities. For example, they offer meals, social activities, medical care and other services to the residents.
Retirement villages were originally designed for elderly people who wanted to live with others in their age group. But nowadays, there are many different types of retirement homes that cater to various needs. Some even offer houses for sale, that they buy back again if you don’t need it anymore.
What is a Nursing Home?
A nursing home is a residential institution for the care of elderly people. It provides medical and social assistance to those who, because of age or infirmity, are unable to live independently.
Nursing homes are also often called “retirement homes.” The term “nursing home” is not just a euphemism for an old-age home or rest home. It refers to the fact that many residents require nursing care.
What are the Benefits of Living in a Retirement Village?
Retirement villages offer a variety of benefits for those who are looking to live independently but still have a sense of community.
One of the benefits is that they provide on-site or nearby medical care. Retirement villages also provide socialization opportunities for their residents and also offer activities for them to do during the day.
What are the Benefits of Living in a Retirement Village?
Living in a retirement village is a great way to enjoy your golden years. Not only is it good for your mental and physical health, but it also offers many other benefits.
Some of the most popular benefits of living in a retirement village are:
-You don’t have to worry about maintaining your property
-You can live with other people who are at the same stage as you are and share advice, experiences, and knowledge
-You have access to amenities such as swimming pools, spas, gyms, etc.
What are the Benefits of Living in a Nursing Home?
Living in a nursing home can be a great option for seniors who are unable to live on their own. Here are some of the benefits of living in a nursing home:
1. A nursing home is an environment that is designed to help people with disabilities, illnesses or injuries live as comfortably and safely as possible.
2. Nursing homes provide 24-hour medical care, which can be difficult to find at other types of housing.
3. The staff at a nursing home is specifically trained to care for people with special needs and works around the clock to meet those needs.
4. Living in a nursing home allows seniors to remain connected with their loved ones because they are surrounded by friends and family members who visit often and share meals together on weekends or holidays.
What are the Drawbacks of Living in a Retirement Village?
The main drawback of living in a retirement village is that it is not for everyone. For example, if you are a person who likes to travel and explore the world, then this might not be the best choice for you. Retirement villages are usually located in a remote area with limited access to public transportation.
What are the Drawbacks of Living in a Nursing Home?
There are many drawbacks to living in a nursing home.
Some of the drawbacks that people find most difficult are the lack of privacy, the lack of independence, and being unable to control your own life.
Nursing homes have strict rules about what you can do and when you can do it.
Conclusion: Which is Better for You?
The answer to this question is not an easy one. It greatly depends on your needs and what you are looking for.
I believe most of us would choose the independent living option and enjoy a more independent life as long as possible. But what if you start needing a little extra help? Or maybe it is not you but your spouse who will need more professional care. Unfortunately, there is a lot of uncertainty about what exactly your needs will be when you are old. Will you wish for more company, help around the house, or a more intensive medical help? When planning your future, it would be good to keep all of this in mind.
A great idea is also those retirement villages that have a small nursing home on site just in case.
Selling your land to a builder can be beneficial for a number of reasons. The first and most obvious reason is that you will get more money than if you sold it on your own. Builders have more money and resources than individuals, so they can offer more cash for your property than an individual could. This means that they’re able to pay higher prices for the property and make better offers on price.
Builders also have connections with other developers who may be interested in buying or leasing the same property from them in order to build something new on it.
What is the Process Behind Selling a Land to a Builder?
Selling a land to a builder is a process that may take time and effort. The first step is to do research on the builder. You should know about their construction quality, project management, and customer service.
The next step is to find the right person of contact in the company. You can do this by looking at their website or by doing an internet search. You can also ask your friends who have worked with builders in the past for recommendations.
Once you have found the right person, it’s time to set up a meeting with them. This meeting should be scheduled at least 3 weeks in advance so that they will be able to give you their full attention and answer all of your questions without feeling rushed or distracted.
How Do Builders Evaluate the Property and what are their Needs?
Builders evaluate the property in various ways. They may not be looking for the same things as a home buyer. For example, they are interested in how long it will take to build on the property, how much it will cost to build on the property, and whether or not there is enough space for their desired number of units.
The builder’s needs are different than a home buyer’s needs because they want to know what it takes to develop and build on the land. Like this they can see if it makes sense for them financially.
Preliminary Investigation – What is “Due Diligence”?
Conducting preliminary investigation is the first step in the site selection process. Due diligence is the process of investigating a property before purchasing it. This is to make sure that the property the builder is buying is in good condition and free from any potential problems.
The due diligence process starts with a physical inspection of the property. This is done to check for any possible issues or safety hazards. The next step would be to check the title of the property and ensure that there are no liens on it. They will also need to do some research on the current market conditions and prices of similar sites.
The last step in this process would be to have an environmental assessment done. This will uncover any potential environmental hazards that may exist on or near the land you are looking at buying.
The preliminary investigation should not be too long because you want to start negotiating as soon as possible. In fact, some investors will not even bother with a site visit if they are satisfied with what they can find out about it through their due diligence process.
What are Some of the Documents Needed for this Transaction?
The offer letter is a document for the seller of the property. It contains all the conditions, terms and specifications of the offer.
The offer letter includes information such as:
– The name and address of the buyer
– The price and date for which the property will be sold
– The date by which a response from the seller must be received
– Any other conditions that are agreed upon between both parties
The process of selling land to builders is not as daunting as it might seem. It is a logical step for those who are looking to sell their land and also want the best return on their investment.
This article has outlined the process of selling your land to builders and what you need to do in order to make a successful sale.
The expression “Secret Real Estate Agent” almost looks like it was borrowed from some action movie. In reality it is a little bit less spectacular but, without a doubt, equally exciting.
What is a Secret Real Estate Agent?
“Secret Real Estate Agent” – does not mean you do this profession without being registered. Of course, also a secret (real estate) agent has to be registered and fulfil everything that is required by law. By “secret” we mean, that the agent is not publicly advertising a specific property he or she was asked to sell. He/she may not even have a website or advertise the business and in many cases the main profession is another real estate related profession, such as architect or engineer.
They are usually approached by a client who asks if they may know someone who would be interested to buy one of their properties. And that’s the only way there are allowed to sell it, by offering it directly to someone.
This might seem strange at first, but among certain groups that is exactly what they want. The best to explain this is by giving an example.
Seller doesn’t want to look like he needs money
In many cases the properties in question are from rich families. Having a certain popularity and their place in society they like to give no reasons for gossiping.
Huge estates can cost a lot of money in maintenance, tax and so on… If they actually don’t use it anymore it makes sense to let it go. This is regardless of their financial situation – nobody likes to throw money out of the window, no matter how rich you are.
Of course, if people see the big family estate for sale, the first thing they may conclude is that the family is in financial difficulties – that’s how people start talking…
That’s why it is better to sell it secretly – through a secret real estate agent of course.
Or in another case, the seller might be having an apartment block for sale and he doesn’t want his tenants to find out. Also, he would approach such agent, who will then go and talk directly to investors who may be interested to buy.
How does a Secret Real Estate Agent sell?
The only way you are allowed to sell it, is by offering it directly to someone. Or in some cases you are allowed by the seller to advertise it in another country. Like this you can get a foreign buyer.
It is a far more difficult job than a regular agent. You need a pool of good contacts, including millionaires, investors … etc. But of course, it pays off big time as the properties that are sold this way usually have a high value. You can find foreign buyers by listing real estate internationally.
Are you one of those agents? Then drop us a line and let us know how did you get started? Do you have any advice?
All year long most of us are looking forward for the few weeks when we can go on vacation and finally embrace our true passion: travel. If we could prolong this to a few months it would be a dream come true. If you can’t work while travelling another way to be able to do this is through passive income.
The pursuit of passive income has become increasingly popular these days. No wonder, because it gives people the freedom to pursue their passions without relying on their salary for sustenance. So now, you can start a travel blog or create content for another website where you can share your experiences with others and make money at the same time! Writing about you experiences in a travel blog is top of the list on how to generate some passive income while you travel. Another big one is to rent out your home while you are away.
The Wealth of Experiences that can be Achieved on Full-Time Travel
A full-time traveller can visit one of the best places in the world. He can go to an exotic location and enjoy the culture. He can also go to places which are more offbeat and less visited.
The world is a very large place, and it is imperative that you make sure that you take time out for your own self-discovery. This will give you valuable life experiences which you will never forget.
Making Your Travel Dreams a Reality
The steps to make your dream a reality is about goal setting, investing, and the mindset shift.
First you need to set goals that are achievable in the next one, three, five or ten years. The rule is simple, if you don’t have goals, you will not achieve them.
Then you need to invest in yourself by learning new skills or strategies. And lastly you need to change your mindset because there is no such thing as “too late”. You can achieve anything!
Creating Your Own Path in Life while Embracing Every Moment Along the Way
You have to create your own path in life while at the same time embracing every moment along the way.
It’s time to take control of your life and start making choices that will define who you are. You have to be making decisions on a daily basis about what you want for yourself and for others. It’s also important to set goals for yourself so that you can move forward with your life instead of just drifting around aimlessly.
Full-Time Travel with Passive Income as the Ultimate Goal
Making full-time travel a reality is not everyone’s ultimate goal. This might be your goal if you’re an avid world traveller or if you like to explore new cultures and experience different lifestyles. Many people, though, want to do it because it seems so awesome and romantic. They might be retirees who want to spend their days doing what they enjoy the most after working for 40+ years and saving up for their retirement.
Achieving this ultimate goal will take a lot of time, effort, and money. Some people do it by saving up money while they’re still working and then quitting their jobs to travel the world while others work hard until they quit their jobs at 65 or 67 or whatever age that is in your country.
Of course, wasting all your life and energy to only achieve this goal at an advanced age seems a bit sad. That’s why some came up with a way of making this work before – with passive income.
Make Your Maths – How much passive income is needed?
The first thing to do would probably be to get your numbers right. How much money do you need every month to support yourself during your trips (food, accommodation, transport, travel insurance…)? How much money do you need to keep things back home?
The next thing would be to look at how much money you could possibly generate through passive income, such as renting out your home, having a travel blog etc. if the numbers don’t add up you might need some money and more time to build up more ways to generate passive income. On the other hand, you can also explore ways to save money on your travels, such as living in a van.
How Does the Van Life Work and How to Make it Work for You?
“Van life” is a popular lifestyle choice for those who are looking for a simpler life. You can find people living in vans all around the world. They are called “Van Dwellers.”
Van Dwellers choose this lifestyle not because they have no other choice, but because it best suits their needs. Living in a van lets them travel the world, be mobile and do what they want to do without having to answer to anyone else. The idea of living in a van is not only about the freedom and adventure, but also about saving money and enjoying sustainable living with minimal impact on environment.
Every summer, we can see hundreds of vans parked along the beaches where there are public toilets and showers. There is hardly any cheaper way to live.
How to Live in a Van and Travel Full-time on Low Budget
Some van dwellers will spend hours each day on Instagram and Facebook to document their adventures and share tips with others interested in joining the community. Of course, having an internet connection is a must.
If they have enough followers, they can also enjoy the financial benefit that comes with it. But what if you are not good at writing at all? Some choose to make certain investments that will give them passive income.
Investments You Can Make on a Low Budget
When you think of investing, you might think, “wow! That’s a lot of money.” But it doesn’t have to be. In fact, there are many low budget investments that can make a difference in your life.
The key to making the most out of your limited budget is to know what will give you the best return on your investment. You may be able to make a low investment and with your own work turn it into a big one. For example, if you are a handyman, you could look out for a cheap house. By putting in your own work you probably are able to sell it for a lot more later or even rent it out for good money, giving you a regular income to finance your travels.
Real estate Investments are one of the best ways to generate a regular passive income. Some people for example have looked up apartment blocks for sale as it is a lot easier to manage a whole block than to have apartments scattered around the country. Also, there are some management companies that can handle all issues that might come up with the tenants. By getting someone to look after your building you have a lot more time to enjoy your next travel adventures.
6 Other Ways You Can Get Passive Income
No matter if you want to travel the world or just like to have some more time with your loved ones. We all like to have a bit more money in our lives and there is a lot of opportunity these days with the rise of e-commerce and e-business. There are so many ways to make money from your home or van! Here are six ways that have been proven as lucrative by those who have tried them out:
1) Rent your property on Airbnb
2) Sell old clothes
3) Sell online courses
4) Invest in the stock market
5) Create an app or website that people use often and continue to pay for it with ads or subscriptions
If you are deciding your career and you like to know what’s the deal with architects vs real estate agents – maybe to decide whether you should be an agent now or study to become an architect than this article is for you.
Architects design buildings and carry a lot of responsibility – therefore one might think that an architect would gain more money. But this might not necessarily be the case. Of course, it depends on a few factors, such as the country you are working, how famous you are as an architect or how many social connections you have as an agent.
Who Gains More – The Architect or the Real Estate Agent?
Architects gain less on a house than real estate agents, and this is because they don’t get a commission on the sale of the house. They instead get paid by the hour or for their design.
Therefore, there is a sense of fairness in paying architects less than they would pay to an agent. Architects are rewarded for their creative skills that they put into the design of the house, whereas an agent may just be rewarded for negotiating skills.
In some cases, it might be that the architect gets as little as 1% of the house worth for his work whereas a real estate agent might get 3% or more to sell a property. Also, one house might be sold a few times over the years, giving more chances for agents to make money. If that’s the case it seems obvious that it is more profitable to be an agent rather than an architect.
You have to keep in mind though, that agents don’t sell all houses that they have on offer. This means they might be putting a lot of time and effort into some deals that will never give them anything in return.
Architect vs Real Estate Agent
An architect is the one who designs the building. They are responsible for the construction of buildings, buildings layouts, and more.
An agent is a person who sells real-estate property on behalf of the owner. They are also called property agents or estate agents. Their main job is to find clients and help them buy or sell their property.
Architects who are famous are more likely to make more money. They are the ones who design the big building, and they need to be paid for their expertise. On the other hand, real estate agents will always be needed in the process of selling and buying a property.
The Difficulty for Architects in Marketing Their Own Product
Architects face a lot of difficulty when marketing their own work. The architecture profession already suffers from low status and low pay, so it is increasingly difficult to get into marketing your work as well.
They must take on the role of artist, developer, manager, and marketer in order to market their work well. They must become a jack-of-all-trades in order to succeed in this industry.
What Are the Best Countries for Architects?
Architects are one of the most well-travelled professions in the world. They visit different countries for various reasons; such as to get inspiration, to network with other professionals, or even to find a better work environment.
While this is true for all architects, it is especially true for freelancers who have more flexibility in their schedule. Freelance architects often rely on connections with local firms abroad because they can’t afford to work without income for too long.
What is the Difference Between the Two Jobs?
Real estate agents are professionals who are responsible for the sale of properties. They market the property, show it to prospective buyers and negotiate the price of the property.
If you work as a real estate agent you would interact with clients on a daily basis who want to buy or sell their house or land. It is possible to work as an agent without any formal education. Although most people prefer experience over qualifications which is why it’s always better to start by working at another agency before branching out on your own.
Architects usually have graduate degrees in architecture from accredited schools/universities that take three years or more to complete.
Do real estate agents make more money than architects? Yes! While architects need to go to university and carry a lot of responsibility, real estate agents don’t need to go to university, and they make more money with less responsibility.
Real estate investment is a great way to make a passive income with a lot of potential. But what should you do before starting your own business?
There are a few things that you should know before you start your own real estate investment firm. The first thing that you need to know is what kind of business model do you want to use? Do you want to work with investors as an information broker or as an investor yourself? If this is something that appeals to you, then it is important for you to understand the risks associated with both options.
The Current State of the Real Estate Industry
The real estate industry has been a longstanding and profitable industry that has been around for decades. The market has shifted over the years where more and more people are going to real estate investment firms to buy property because of their low capital requirements as well as the profitability of the trade.
Might sound like an oxymoron but a lot of people want to be a “real-estate agent” these days. They want to be an authority on all things real-estate, but what they don’t know is that there are many other ways for them to invest in the field without being an agent.
How does One Determine if they have Enough Funds or Credit Scores to Start an Investment Firm?
A strong investor with a successful track record is not the only requirement to start an investment firm. They also need to have enough funds or credit scores that are relevant for the type of investment they are starting.
There are many factors that one needs to take into account when considering investing in an investment start-up. One of the most important ones is your credit score and your ability to borrow funds for investment start-ups.
Introduction of Potential Investors in Your Real Estate Business Venture
The first step in getting potential investors is to have a plan. You need to write down all the risks, the benefits, what will the company look like after it’s been funded – basically everything that can go wrong and what could go right.
The next step is to find people who are interested in your project. This typically involves networking or reaching out on social media.
The third step is to create a pitch deck for potential investors who are thoroughly interested. A pitch deck typically includes financial information about your business, information about the team running it, and other important details about your company’s future goals.
Networking Strategies for Successful Real Estate Investors
Finding a network of people with the same interests and goals is one of the most important steps in becoming a successful real estate investor.
Networking is a broad term that means connecting with others to share knowledge, skills, and expertise. There are many different networking strategies for entrepreneurs who want to make connections with others in their field. In order to create successful connections, you need to be remarkably genuine and offer something of value in your interactions.
In addition, there are many ways for entrepreneurs to get started when it comes to networking. For example, you can go out and attend events that will allow you the opportunity to meet new people and potentially find potential connections in your field. You can also use sites like LinkedIn or Facebook groups for this purpose as well.
What are The Different Types of Property You can Invest In?
Owning property is an exciting prospect, but can also be daunting. There are many different types of property you can invest in, and the price ranges vary widely. To make it easier for you to narrow down your options, here are some of the most common.
There are four main kinds of properties that you can invest in: residential, commercial, industrial and agricultural properties. Residential properties are the most common type of property for people to buy because they require less work than other types when it comes to upkeep and they already come equipped with things like plumbing and electricity for your convenience. You may want to look for apartment blocks for sale.
Financing Your Investment Properties
Investing in property is not always the safest way to make money. However, it does offer a lot of investment opportunities and can be a great way to grow your wealth over time.
One of the most popular ways for investors to finance their properties is by taking out a loan from their bank. This option offers the simplicity of being able to get approved for up to 95% LTV on purchase or refinance transactions. The downside, however, is that you are not only securing your own house but also any other investments you have.
There are also many private lenders who offer financing options for real estate investors who have good credit scores and cash reserves set aside for their own down payment. As with any other investment opportunity, there are risks involved with private lending.
What Helps You Succeed as a Real Estate Investor?
It’s important to know that investing in real estate is not always an easy task. There are many ways to lose money and there are also many ways to make it. If you want to be successful as an investor, then the following tips will help you.
1. Do Your Research
Develop a game plan before you purchase your first property so that you’ll know exactly what you should buy and how much it will cost. You’ll also need to decide if you want the property for rental, flipping or long-term hold so that you can find the right place for your investment strategy.
2. Get Creative with Your Finances
It’s important that real estate investors have enough capital because their money is their most valuable asset in this business – they need enough of it to cover all ongoing expenses.
3D images are used in a variety of industries but they are especially common in the entertainment industry. This is because 3D images add another level of realism to the experience and make the viewer feel like they are present in the scene.
3D images captured in 3D photography are not only conducive to the needs of the client, but also have a greater effect on the prospective buyer.
It can be viewed so that buyers can get a sense of feel at home.
How You Can Make Your Home Look More Appealing to Buyers
The real estate industry has been using 3D rendering to create photorealistic images of homes for a long time now. The sales of virtual staging software and services is on the rise as it saves the seller from costly home makeovers and repairs.
Virtual staging refers to presenting a property virtually, through either a 3D model or photo-realistic renders. It’s an affordable and timely alternative to physically staging your home for sale, which can involve expensive makeover jobs and extensive repairs. It doesn’t matter if you are selling a flat, house or apartment block, a 3D image can perfectly present what it can look like in the future.
Why You Should Consider Investing in Professional 3D Visuals
Professional 3D visuals for your real estate agency can make a world of difference in your online presence. It will make the process of staging and marketing the property much easier, attracting more potential buyers.
3D visuals can help you to showcase a property in a way that 2D photography cannot. They allow viewers to better see the scale and scope of a space, as well as any features that might be difficult to identify from afar. The immersive nature of 3D visualizations makes them perfect for showings and tours, letting viewers explore even the smallest details of a space with ease.
What are the 3 Major Benefits of Using 3D Imaging in Real Estate Marketing?
In this article, we will find out what are the 4 major benefits of using 3D imaging in real estate marketing.
1. It’s a low-cost solution. 3D technology is well established in the industry. It is a well-understood technology which costs less than other technologies.
2. It can offer a window into space. 3D models allow for a more immersive experience with a sense of depth and scale, giving viewers an idea for what to expect before they visit the property in person.
3. It can generate higher engagement rates. By making properties feel more real, 3D images can elicit stronger emotional reactions from viewers. It entice them to take action such as scheduling an appointment or visiting an open house.
Conclusion: how 3d images can help sell your real estate
There are three ways in which 3D images can help sell your house faster.
The first way is that 3D images are much more realistic than the 2D images present in websites. The second way is that they give prospective buyers a better idea of what their house will look like in your neighbourhood. The last way is that it helps prospective buyers to see the different options available, which increases the probability of them making a purchase decision because they can get an idea about what other homes in your area look like.
According to research conducted at the Census Bureau, 44.1% of employees earning between $75,000-$99,999 annually switched to telework because of the coronavirus pandemic, while 67.5% of the people earning between $150,000-$199,000/year did the same thing. For those earning anywhere between $50,000-$74,999/year, the percentage of telework employees increased by 32.1%. As you can see, more than a third of the United States population switched to online working this year. Telework has become the new routine, so how will going back to the office look like?
For most employees, going back to the office comes with many changes. Since this pandemic changed many variables, the office buildings will keep up with the “trend” and change accordingly. Convincing people to return to the office can only be done by challenging office buildings – the new offices must be redesigned to bring a level of comfort to each and every one of a company’s employees. That being said, let’s check how the post-pandemic office reality looks like.
Many changes will take place throughout the next months. However, these are some of the short-term things that companies could think of for now.
How will employees gather together in one room and discuss important work-related issues? Will they agree? According to office building-developer Ben Tranel, companies will rethink meeting spaces. Employees won’t feel comfortable meeting in small rooms anymore, so wider conference rooms will be necessary. In the meantime, some of the employees might agree to attend meetings in person while others will prefer to join meetings from home.
New cleaning protocols
Without a clean workplace, people won’t return to work. Today, hand sanitizers and handwashing have become a widely discussed topic. Offices will want to make employees feel safe, so new cleaning protocols will be put in place. For example, desks will be wiped down with disinfected wipes every 30 minutes and every room will contain at least 2-3 hand sanitizer recipients. Conference rooms will be cleaned thoroughly after every meeting and reception desks will be sanitized correspondingly. Social spaces will also be cleaned several times throughout the day.
Indoor air quality
One of the most common ways of resolving the air quality issue is installing UV lights to any air handler within the building. This will improve the air quality and destroy any type of bacteria that might be circulating in the air. Purified air is a short-term solution of the present and could definitely be improved. With technology developing at such a fast pace, future solutions will be quickly found.
Better safety measures – displayed
Making employees feel safe is another important method of getting them back to work. This is why new safety measures should be displayed inside every building. The health-related information should be communicated via text or video in elevators or corridors. By being constantly exposed to the reassuring information, people will know that they’re safe within the workplace.
The new office moves past the point of ‘trial’ to the point of implementation. This is when further changes will be promoted. The average expectation for such projects should be anywhere between one and three years.
New air-filtration systems
As I mentioned before, the air we breathe is extremely important when we’re talking about a pandemic. Looking at new ways to design the air-filtration systems within an office building is the next logical step. Technology allows us to bring more fresh air into the office by using operable windows. This new concept will be adopted by many companies.
Bigger outdoor spaces
Companies will also redesign the workplace to include more outdoor spaces. One option could be designing rooftops to offer employees wider spaces to disconnect or socialize. Another option could be redesigning terraces and expanding them to ensure that workers have enough space to social distance. These areas provide people with increased access to fresh air, which might determine employees to return to work.
Bringing more plants into the office will help increase positivity within the office. Plants create a safe space for employees and enhance creativity and imagination. Bringing plants indoors and thus, implementing a biophilic design can be of incredible help. Research has shown that such designs can decrease stress levels and fasten illness recovery.
Rethinking floor plans
Another important aspect of the updated, post-pandemic building will be floor plans. While most offices have an open floor plan today, this concept will change. Building forms will be altered since most companies will strive to de-densify offices and reduce employee interaction.
Companies will always find great solutions for their employees. The most important thing is that people should return to the office. We are social beings and we’re in high need of communication. This can only be done in an in-person environment, where safety and security are well-maintained.
Eliza Sadler is a professional journalist with extensive experience, 4 years. She also works as a freelancer for a professional writer service. She always focused on doing quality work to achieve her goals and objectives. Eliza is fascinated by the ability to create original works that meet high standards. Feel free to connect with her on email.
The traditional route to homeownership requires enough stream of income to be eligible for mortgage and down payment. A new alternative has been launched since most people cannot afford to jump headfirst into property ownership due to financial reasons. Rent to own homes provide middle-class and working families with the opportunity to rent houses and then opt to buy the property before the lease expires. For this reason, there are segments within the contract for rent to own agreements.These include:
Standard lease formalities and conditions
Option for purchase
For your best interests, you’ll need a guide to assist you through the process. Our team has assembled a list of things you need to know as you progress through the stages of owning a home.
Things to know about Rent to Own Homes
Non-refundable Initial Costs
An upfront fee is paid to the seller at the beginning, which allows you to extend the date for purchase. The amount or percentage of this fee is negotiable, but it solely depends on the renter. There is no set value for the option fee. Typically, it is around 1% to 5% of the total offer price of the property. The option fee does not affect or add to the purchase price. It is entirely separate.
Types of Contracts
There are two types of rent-to-own propertycontracts.These are:
As the name suggests, lease-option provides you with a choice to either buy the property at the end of the lease or to look for another. It poses no obligation to go through with the purchase. You do not have to keep renting or hustle to fully pay for the house. The offer for purchase expires as the lease ends. It ends your right of purchase, whereas lease-purchase legally requires you to buy the property after the lease expires.
To save yourself from legalities, you should get the document reviewed by your attorney. If you end up signing a Lease-Purchase, you will have to purchase the house even if you don’t financially afford it.
House Price Quote
These agreements sometimes lead to early price quotes at the beginning of the lease, which is higher than the market rate for the same rent to own properties nearby. On other occasions, the price for the property is quoted after the lease expires with respect to the popular listings at that moment in time. Many buyers try to lock the price initially for properties that have escalating values.
Rent Price and Credit for Lease Term
The rent remains constant throughout the term of the lease without any hitches. You have to identify the percentage of rent that adds to the purchase price of the property. The rent for rent-to-own homes is kept higher to make up for the rent credit you’ll receive. Some sellers provide the offer to relocate the option fee towards closing costs.
Traditional renting services put families in a financial loop without getting any closer to buying the property. The rent-to-own homes make you one step closer to a significant investment factor. Many companies assist in this transition without hassles. Similarly, experts at Stop Renting Perth create a roadmap for successful homeownership. Bringing in a medium of housing experts will help you save time and money in the long run. They will make your investment worth it.
Frequently Asked Questions
How much money do you have to put down on a rent-to-own home?
The upfront costs of a rent-to-own home range from 1% to 5% of the total purchase cost usually. It is a reasonable price and differs for every type of home. These prices are much higher than the general prices in the area because the upfront costs can be relocated in the end towards closing costs.
Is it better to opt for rent-to-own homes or to just rent an apartment?
Stop yourself from falling into the trap of traditional renting, where you won’t be able to save enough to buy a house because you’ll be too busy spending on living costs monthly. Stop Renting Perth is one company you can rely on to create a successful roadmap towards homeownership.
Are rent-to-own homes legit?
Yes, rent-to-own homes are very legal and authorized. They are developed on state-recognized contracts such as lease-option and lease purchase. Before opting for rent-to-own, you should familiarize yourself with the process to avoid any legal issues.