Monthly Archives: August 2016

Ways to Purchase Properties in Albania

The real estate market in virtually every nation of the world is experiencing amazing growth as you can easily find the best properties you want over the internet. In order to make the most of the experience, it is often advisable to go through a recognized real estate company which can offer you quality services. Bora Property is the right real estate company to leverage in order to procure quality Albania properties.

With the services offered here, you can buy or rent real estate Albania in virtually any location or region in the country. Whether you want properties in Dhermi, Himara, Durres, Berat, Kavaje, Lalzit bay, Shengjin, Tirana, Vlore, Sanrande, or Pogradec, you can trust the real estate company to provide you with them. The real estate group provides you with assorted kinds of properties in Albania including complexes, duplexes, lands, villas, commercial properties and residential properties. The properties are clearly displayed in the website and the cost ranges to E149,000. You can take your time to explore the assorted properties provided in the website and therefore make a purchase with ease.

You can benefit from this service whether you want to sell or purchase properties in Albania. Ultramodern facilities and century 21 Albania properties are provided by the property group. The property group is very meticulous in offering you quality service and that is why it is deemed as the best real estate company in Albania. Here, cost is made as cheap and competitive as possible but high level of quality is guaranteed to you. The real estate company does not charge you any reservation fee for the services rendered to you. Thus, you can save the cost which would have been used for the payment.

Furthermore, in this real estate company, very low agency commission is charged as a measure to slash down the cost of the services rendered to you. More so, before payment is demanded from you here, you must have signed all the documents guaranteeing your purchase of the property and be sure that everything is in good condition. As a matter of fact, you have nothing to lose with this service.

In addition, personalized services are offered in this property group and as a matter of fact, the best performance will be guaranteed for each of the services you receive. The real estate professionals at Bora Property will offer you free tour to as many real estate Albania properties as possible in order for you to make your choice with ease. It is really easy to contact the real estate professionals for the services. You can do that in a number of ways. Firstly, you can call Bora Property through the number provided in their website for a quick service, secondly, you may contact then through Skype social media for a fast and effective service and lastly you can leave a message for them online and they will get back to you as soon as possible with their services.


Finding Advertising Ideas for Realtors

Being a realtor is not a difficult task, if you have an ability to convince, persuade, and close down a sale. However, in order to be seen by customers as the best realtor from the entire lot, marketing is necessary. Hence, the need for advertising. Let us have a look at some interesting ideas to advertise your properties.


Creating a website for your firm is one of the great ideas and is a popular advertising technique. You can make it informative and attractive while still keeping it professional. Provide sufficient details about properties and update the website regularly. Add a section to invite questions from potential clients and also give complete contact details. You could have a comment box, wherein your previous customers can comment on their experience, or can share articles on the same. Ensure that your website is regularly updated and also see to it that you reply promptly to any queries raised.


Publicize the name of your firm by distributing leaflets. Mention some famous properties which you have sold successfully that people can easily recall. Mention about any additional service like housecleaning service, or lawn service you will be able to provide at some discounted rates. Think of other innovative ways to attract more clients to your firm. Not only are leaflets cheap advertising idea, but they are also effective as you can cover lots of ground by distributing leaflets.

Yellow Pages

Yellow pages is another most popular idea. Ensure that you have a big page, all to yourself, in the yellow pages. There too, you can mention some of the additional services that you can provide. This will certainly give you the edge in comparison with your competitors. The advertisement in yellow pages should be professional, at the same time, it should be more appealing.


You can place advertisements in home decorating magazines and interior decorating magazines. Place them at strategic positions so that they can grab the reader’s attention. You can ask previous clients to say something about your firm and the services offered by your firm. These testimonials from your clients will be of great help in boosting your prospective client list.


Property exhibitions, small and big community fairs are very common and can be some of the best places to let people know about your firm and the services it provides. Stalls at a fair can be one of the popular ideas. Book a stall and ask all the people who visit your stall, to give you their email id’s, so that you can keep them informed about your listings. Also collect their business cards, if possible. This will help you in making your own database. You can later keep on increasing the database with continual contacts with these people, and by asking them for more references.


Mall is a place where you will find many people. Set up a stall at a strategic location and distribute leaflets and business cards to people. This is a good way of increasing your database. If you go on a weekend, or in the evenings, you will be able to access more people. This could become a free advertising idea or if you are required to pay money, it will be minimal.

Other Websites

In addition to having your own website, you could also enlist the name of your firm on some other websites which help in advertising. Such sites can help you to increase the number of prospective customers, as they reach out to a lot of people at the same time. Ensure that all your contact details are updated regularly.

One can even consider ‘word of mouth’ publicity which always helps. Request your customers to mention your name to their friends and family, who are looking out for properties. You could go to some charity or fundraising event and drop in your business card. One thing that you need to do is to keep your database updated and ensure that all your customers get the same kind of treatment, in order to be successful at home selling.

Ways to Invest in Real Estate

Don’t let the housing bubble burst deter you. The fact that there are so many properties to choose from right now and that too at relatively throw-away prices, buying a property might just be the perfect investment decision. As it is, one tends to hold a property for a longer period, so you can consider it from a retirement planning perspective as well. It may also be a good idea to invest in a newly-developing area, since the land can be purchased quite cheaply and the rent in these places will always go higher in the future.

The Good Old-Fashioned Way

Real estate investment can be done in two ways. If you have funds lying idle in your bank account, it may be a wise decision to buy a property using them. This way, you make a one-time expenditure and earn a rent over the period for which you hold the land. You can also sell it off later, if you think the price is right and you are earning a good-enough profit. The other, more riskier way is to get external real estate financing from banks. You can then rent it out to someone at a slightly higher price than what you pay as mortgage. On the flip side, if you are unable to find a tenant for your land, you run the risk of a dead investment and a mortgage.

Real Estate Investment Groups

Being a landlord has its share of problems. A tenant might default on payments or cause some damage to the property. In such a case, you can deduct it from their initial deposit, but fixing it is still your headache, right? Not, if you go for a real estate investment group.

A real estate investment group can be considered as the mutual fund amongst real estate investments. This group builds apartments or condos and then sells them to investors as rental properties. So, instead of taking a loan from a bank, you pay the mortgages to the group which takes care of all the maintenance issues. Of course, for this service, they may charge you a percentage of the rent you receive.

Real Estate Trading/Flipping

This type of investment is suitable for the adventurous among us. Trading or flipping is where an investor buys property in a low-priced area, but when the demand looks like it’s going to pick up. The intention is to resell it in the short term when the price goes up. He might not choose to wait for the best price, and might sell it when he feels that he has got a good return. This is a very risky proposition, due to market price fluctuations in the short term, and it is only advised if you have surplus funds in your account.

Remember, if made wisely, investment in real estate might just be the smartest thing you do in your lifetime.

Ways to Buying Real Estate without Money Down

We all know that most of the funding for real estate transactions come from mortgage loans, as cash buyers are very rare. Most of the lending institutions require the borrower to arrange for a down payment (usually 20% of the purchase price), as a condition to secure the loan. So, an average home buyer has to make this payment, and then qualify for the home loan. In other words, you must have at least 20% of the purchase price, for securing a loan, to buy that property. Is it possible to buy the property with no money down? Yes. You can go for real estate investment with no money.

‘No Money Down’ Concept

As mentioned above, borrowers have to make provision for down payments, in case of mortgage loans. Then, what is the meaning of no money down? Does it mean that you don’t have to make the down payment on a house? No. It denotes a down payment that is remitted with none of your money. In other words, the concept of ‘no money down’ simply refers to a down payment that can be made by money, which may be borrowed from friends or relatives or from a money lender. In short, you don’t have the money to make the down payment, but you borrow it from other sources. So, the concept of ‘no money down’ actually means a down payment made with money obtained from other sources. It can also be termed 100% financing, as you are buying real estate with none of your money.

How to Buy Real Estate With No Money Down

Now, you know that even if you resort to the concept of ‘no money down’, you have to make the down payment, but with the money obtained from other sources. What are the other sources? Here are some guidelines regarding the possible sources, from which you may obtain the money for down payment.

  • The easiest way is to borrow the required amount from your friends or relatives. You can pay them back in installments.
  • Another option for buying real estate with no money down is seller financing. The seller may agree to make the down payment, so as to sell the property as soon as possible. It may also happen that some sellers agree for a down payment, which is remitted as monthly payments with a higher interest rate.
  • You may also take over the seller’s existing financing as part of the purchase price for buying commercial property with no money down. In other words, you can buy the property in return of making the mortgage payments of the seller, regarding the concerned property. This will be beneficial for the buyer, if the interest rate of that loan is lower. However, make sure that you go through the documents of the existing loan, as some of the loans have a due on sale clause, which inhibits the new buyer of the said property from taking over the mortgage. However, the lending institution may not exercise this clause, even if it is incorporated.
  • There are some rental properties that are attached with an option to buy. In such cases, a lease option to buy home or option agreement is made, in which the owner of the property and the lessor agree for a specific sum to be paid at regular intervals and the latter is allowed to use the property. The lessor can purchase the property within the lease period for a predetermined price. It has been observed that a partial or total rent will be adjusted towards the purchase price.
  • Sometimes, personal property or professional services of the buyer can be used as a substitute for down payment.
  • Another option for buying real estate with no money down is to get a partner, who can dole out money for the down payment.
  • You may borrow against insurance policies or other property. You may also apply for down payment assistance for first time buyers.
  • Negotiate with the lending institution for a 100% financing. Otherwise, you may also opt for a second home mortgage loan, that can be used for down payment.

However, it will be always better to have a good idea of the various options, before adopting any of them. You have to think of the pros and cons, and then decide.