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FAQ

Frequently Asked Questions

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Look into local real estate trends, including average home prices, how long homes are staying on the market, and buyer demand. Research similar homes in your neighborhood to understand what they sold for and how they compare to your home.

Decide how much you can afford to spend on rent each month, ideally no more than 30% of your income. Consider other expenses like utilities, internet, and renters insurance.

Look at recently rented homes, shops and apartments in your area that are similar in size, condition, and features. Review current listings to see what similar properties are rented for and how long they stay on the market.

Closing costs can include a variety of fees, which may vary by location and specific transaction. Common components of closing costs include Loan Origination Fees, Inspection Fees and Attorney Fees. Buyers typically pay most of the closing costs, including loan origination fees, appraisal fees, and title insurance.

Assess the condition of the property. If it requires repairs or updates, use that as leverage in your negotiation. Consider what amenities are offered and how they compare to similar properties. Highlighting any shortcomings can strengthen your position.

Look at recently sold homes, shops and apartments in your area that are similar in size, condition, and features. Review current listings to see what similar properties are sold for and how long they stayed on the market.