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Buying real estate? Factor these transaction costs
In any real estate transaction, legal representation is crucial to ensure completion. It is advisable to budget at least 1-2 percent of the purchase price for legal fees. The minimum amount payable by law is Sh35,000 as is guided by the Advocates Renumeration Act.
The Most Important Factors for Real Estate Investing
The adage “location, location, location” is still king and continues to be the most important factor for profitability in real estate investing. Proximity to amenities, green space, scenic views, and the neighborhood’s status factor prominently into residential property valuations