14 Reasons to Work With a REALTOR® REALTORS® aren’t just Brokers/Agents. They’re professional members of the National Association of REALTORS® and subscribe to its strict code of ethics. Kim Sheen has been a proud member since 1988! This is the REALTOR® difference for home sellers and buyers: An expert guide. A knowledgeable expert.
The Islands of Bermuda comprise an area of approximately 24 square miles, measuring some 21 miles in length with an approximate maximum width of 1 mile. The physical constraints on residential property will therefore be apparent and the stated intention of the relevant legislation is to preserve the majority of.
What is the difference between a Sole and Open Listing? In a sole listing, you commit to one broker/agent who soley handles the sale/rental, providing dedicated marketing and focused effort. In an open listing, multiple brokers/agents can try to sell/rent your property, but only the one who closes the deal gets paid,.
What is an appraisal? An appraisal is an opinion on a home’s market value that helps a lender ensure the purchase price is in line with the property value. The process is led by a Registered Valuer by the Royal Institution of Chartered Surveyors—an independent third party engaged by the.
In March 2023, the Bermuda Government made revisions to the Stamp Duty Act of 1976 with the aim of aiding first-time homebuyers and enhancing the equity of stamp duty fees. These changes involved increasing the exemption threshold, abolishing stamp duty fees for mortgage transfers, and implementing a system of marginal.
If you’re considering purchasing property in Bermuda and require financing, the FIRST and MOST CRUCIAL STEP is to obtain a written pre-approval from a bank. This not only helps you understand your borrowing capacity but also positions you as a serious buyer when negotiating with sellers. Below is an overview.
There are always appropriate steps to investing in real estate. However, there are also inappropriate steps sellers/landlords can walk down when it comes time to put their property on the market. In my 35 + years of being in the business I see the same mistakes over & over when.
Bermuda’s real estate community is now subject to similar AML/ATF (Anti Money Laundering/Anti-Terror Financing) laws, regulations and guidelines that are already in effect in many other jurisdictions. Real estate brokers are now required to obtain far more information than in the past. You will be asked to complete forms that.
There are some outdated design features that could cause huge problems in your home should you decide to sell or rent it. You may love a particular style, but the majority of buyers & renters might not. You want to grab the attention of the buyer/renter in a positive way..
Kim Sheen Properties strictly abides by the National Association of Realtors Code and Ethics Click to read: National Association of Realtors Code of Ethics
Owning a home is a keystone of wealth… both financial affluence and emotional security.