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Tips for Selling a House

Real Estate Asset Management

Selling a House and Taxes

Purchasing real estate properties entails huge amounts of money which makes real estates substantial assets. Although it may be easy to manage just one or two real estate properties, managing more than that may seem too tedious for most people. This may be one of the reasons why people and companies turn to real estate asset management as a way to handle real estate assets.

The difficulty in handling real estate assets would be the fluctuating market prices and demand for these properties. There are instances that real estate bubbles may dramatically show a drop in prices, deeming the property more or a liability than an asset. Real estate asset management not only handles one's real estate assets, they may also be a source of relevant information regarding real estate properties and the potential of these properties to earn higher returns in the future.

Real estate asset management offers a structure approach in handling real estate assets considering all the factors that accompanies investing in real estate. It may be described as the systematic process of maintaining and upgrading real estate assets in a cost-effective manner that would work well for the property owners.

A lot of factors are considered when managing real estate assets. One would be the location of the property, the soundness of the existing structures, the cost of maintaining the structure and even the lot appreciation or the structure depreciation. Aside from these, ideal real estate asset management considers property taxes that owners must pay for.

Because of the many facets of real estate asset management, most, if not all asset management firms or asset management advisors use the use of asset management software that cater mainly to the management of one's real estate assets. Utilizing asset management software is useful because of the amount of data when managing real estate. These data may be used as basis in predicting real estate cost estimates for years to come, maintenance cost through time, and the property's real estate value which would dictate its appreciation or future resale value.

Real Estate Characteristics

When it comes time to get the deal done for both buyers and sellers, we line up all the legal documents (there are many!) and make sure the train runs on-time. You can expect us to carefully manage the process. Most importantly, you’ll be apprised of the deal’s progress each step of the way. We’re friendly, competent guides who’ll help you reach the best possible outcome and achieve your real estate goals.

Call us Today


Sell your House by Owner South Carolina

Tips for Selling a House Lexington

Tips for Selling a House Lexington

Find Homes and Houses for Sale in Lexington

Search Lexington real estate property listings to find homes for sale in Lexington,South Carolina. Browse houses for sale in Lexington today!

Selling a House Mortgage

Selling a House How much does it Cost

What is a Quick Sale in Real Estate?

Selling a House How much does it Cost

Realty and personal property terms have often been confused as to what they exactly mean. Here we will clear that right up for you. We will look at the terms personal property, realty, land, real estate, and lastly real property.

Let's begin with personal property. Personal property also known as chattel is everything that is not real property. Example couches, TVs things of this nature. Emblements pronounced (M-blee-ments) are things like crops, apples, oranges, and berries. Emblements are also personal property. So when you go to sell your house, flip, or wholesale deal, you sell or transfer ownership by a bill of sale with personal property.

Realty.
Realty is the broad definition for land, real estate, and real property.

Land
Land is everything mother nature gave to us like whats below the ground, above the ground and the airspace. Also called subsurface (underground), surface (the dirt) and airspace. So when you buy land that's what you get, keep in mind our government owns a lot of our air space.

Real Estate
Real estate is defined as land plus its man made improvements added to it. You know things like fences, houses, and driveways. So when you buy real estate this is what you can expect to be getting.

Real property
Real property is land, real estate, and what's call the bundle of rights. The bundle of rights consist of five rights, the right to possess, control, enjoy, exclude, and lastly dispose. So basically you can possess, take control, enjoy, exclude others, and then dispose of your real property as you wish as long as you do not break state and federal laws.

Lastly there are two other types of property we should mention.

Fixture
Fixture is personal property which has been attached realty and by that now is considered real property. So you would ask yourself upon selling to determine value "did you attach it to make it permanent?" The exceptions to this rule are the garage door opener and door key, these are not considered fixtures.

Trade Fixtures
Trade fixtures are those fixtures installed by say a commercial tenant or can be the property of the commercial tenant.

I hope this clears up some misconceptions about personal property, realty, land and real estate and now fixtures and trade fixtures!

The Origins of the Six Percent Real Estate Agent Commission

When it comes time to get the deal done for both buyers and sellers, we line up all the legal documents (there are many!) and make sure the train runs on-time. You can expect us to carefully manage the process. Most importantly, you’ll be apprised of the deal’s progress each step of the way. We’re friendly, competent guides who’ll help you reach the best possible outcome and achieve your real estate goals.

Call us Today


Sell your House by Owner South Carolina

How to Sell your House Lexington

How to Sell your House Lexington