Frequently Asked Questions
Question about selling
Yes, property value can decrease due to factors like market conditions, property condition, or location changes.
It depends. Older homes may offer charm, larger spaces, and better locations, while new homes often come with modern features and lower maintenance costs.
A broker provides expert guidance, negotiates the best deal, handles paperwork, and ensures a smooth and secure transaction.
Yes, in many cases you can. However, if you have a mortgage, your lender may require these payments to be included in your monthly installments.
The loan process typically takes 2 to 6 weeks, depending on the lender, required documents, and your financial profile.
Question about renting
Most leases are 12 months, but shorter or longer terms may be available depending on the property and landlord.
Usually 2 months’ rent is required as a security deposit, refundable at the end of the lease if there’s no damage.
It depends on the property. In most cases, electricity, water, and internet are paid separately by the tenant.
Early termination is usually not allowed unless specified in the contract. You may need to pay a penalty or forfeit your deposit.
Some properties are insured by the owner, typically covering the building structure. However, tenants are usually responsible for insuring their personal belongings if desired.