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What is Real Estate Appraisal Report? and is it Obligatory?

An appraisal is a professional opinion of a property’s value. Appraisals are almost always used worldwide in purchase-and-sale transactions and commonly used in refinance transactions. In a purchase-and-sale transaction, an appraisal is used to determine whether the home's contract price is appropriate given the property's condition, location, and features. In a refinance transaction, an appraisal...

SELLING INVESTMENT PROPERTY IN ISTANBUL

Turkish real estate market is a lucrative market offering various opportunities to investors. If you are reading this article that means that you already have purchased a real estate property as an investment in Istanbul…Selling investment property in Turkey is as important as buying one for the success of a real estate investor. This is oftentimes the first step towards expanding your real estate...

What is fix and flip in real estate investment?

Fix-and-flip is a real estate investment strategy, it is a popular method in the Istanbul real estate market, consisting of buying a property renovating it, then selling it for a profit. There are two types of properties Investors typically buy and that can be used in a buy/sell approach to real estate investing. The first is houses or apartments that can be purchased below current market...

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