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Brand new 🏠House for sale in Kira:
5 bedrooms,5 bathrooms, boy's quarters, seated on 17 decimals Asking price 750M negotiable
with ready title on table just 100 meters off tarmac
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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WHAT EXACTLY IS COMMINGLING IN REAL ESTATE, AND HOW DOES IT APPLY TO REAL ESTATE AGENTS
Commingling is a term that is commonly used in the real estate industry. It refers to the practice of mixing clients' funds with the real estate agent's own money in a single account. In other words, commingling is when a real estate agent uses their clients' money for personal use or puts it in their own account.
Commingling can have serious consequences for both the real estate agent and their clients. For example, if a real estate agent is found to be commingling their clients' funds, they can lose their license and face fines or other penalties. Clients, on the other hand, may lose their money or have their transactions delayed or disrupted.
Real estate agents are required to follow strict regulations when it comes to handling their clients' funds. These regulations are designed to protect clients from fraud and ensure that their funds are used for the intended purpose. For example, real estate agents are required to maintain separate accounts for their clients' funds and
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WHAT DOES IT TAKE TO HAVE A BOREHOLE IN YOUR HOME?
In the quest for self-sufficiency and sustainability, many homeowners consider installing a borehole on their property to eliminate the ongoing burden of water bills and ensure a reliable, independent water supply.
This approach not only reduces monthly expenses but also provides a sustainable solution to water shortages, increases property value, and supports eco-friendly living by tapping into natural underground water reserves.
A borehole, essentially a narrow shaft drilled into the ground, provides access to groundwater, offering an independent and often more reliable water source compared to municipal supplies or surface water. However, before embarking on this endeavor, it's crucial to understand what it takes to have a borehole in your home. Understanding the Process.The journey to having a borehole begins with understanding the process involved. Typically, it starts with site assessment and obtaining the necessary permits. This involves evaluating the geologic
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MORNING MARKET BRIEF - THURSDAY, DECEMBER 26, 2024
Introduction: Welcome to your Daily Morning Market Brief, your essential guide to the pulse of Uganda's real estate market. This comprehensive Situation Report, Market Overview, and Status Report from the Real Estate Database (RED) is your key to staying informed and ahead of the curve. It's the true fresh brew for your morning – never start your day without it, or you risk losing touch with the heartbeat of the local real estate market.Overview: Uganda's real estate market is currently characterized by a steady influx of investment across various regions. From the bustling urban areas of Kampala to the serene suburbs of Wakiso, the market is pulsating with a vibrant blend of commercial and residential properties.Snapshot: The current market snapshot reveals a burgeoning demand for affordable housing in the outskirts of major cities. At the same time, there's a noticeable surge in interest for upscale residential and commercial properties in prime locations like Kololo and Nakasero.Upd
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A LABOR DAY TRIBUTE TO REAL ESTATE PROFESSIONALS.
As Labor Day comes to pass, it's a time to reflect on the contributions and dedication of the countless individuals who make the real estate industry thrive. Behind every successful transaction, every well-managed property, and every dream home, there's a vast network of laborers who deserve recognition and gratitude.
According to Wikipedia "Labour Day is an annual holiday to celebrate the achievements of workers. Labour Day has its origins in the labour union movement, specifically the eight-hour day movement, which advocated eight hours for work, eight hours for recreation, and eight hours for rest".
In the realm of real estate, the celebration of Labor Day takes on a special significance, acknowledging the hard work and expertise of real estate professionals who play crucial roles in shaping communities and fulfilling real estate dreams.Agents. Real estate agents are the frontline ambassadors, guiding buyers and sellers through the complex process of property trans
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BRINGING VALUABLE REAL ESTATE KNOWLEDGE TO YOUR EARS.
In an era characterized by information overload and busy schedules, the way we consume content has evolved dramatically. Traditional reading habits have given way to more convenient and accessible forms of information consumption, such as Audio Podcasts.
In many parts of the world, including Africa, people are discovering the joy of learning through their ears rather than their eyes. The Real Estate Database (RED) recognizes this shifting preference and has introduced a transformative initiative called "The Sound of Real Estate."
This podcast series, aimed at catering to the needs of busy Africans seeking real estate insights on the go, represents a paradigm shift in how we access real estate content. This shift begs the question: Do Africans prefer listening to reading? Let's delve into this intriguing notion and explore why RED's move to provide podcasts is a game-changer.
The Power of Audio: A Global Phenomenon.The preference for audio content is not limited to any specific regio
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THE CHALLENGES OF INTERNATIONAL REAL ESTATE AGENCIES IN UGANDA'S MARKET.
The Ugandan real estate market is a dynamic and promising arena for property developers and agencies. With its growth potential and an ever-increasing demand for real estate, it's no surprise that international agencies are eyeing Uganda as a destination for expansion. However, in this blog post, we'll explore the challenges that these international agencies face when trying to make their mark in the local Ugandan market.I recently had a conversation with a new international property developer on the Ugandan market who's in a hurry to sign exclusive agency agreements with international agencies in Uganda to market his properties. The twist here is that he plans to phase out local agents in favor of international ones. This approach might seem like a strategic move, but it's not without its pitfalls.The International vs. Local Conundrum.While some international agencies boast global clout and name recognition, they often struggle to make an impact in the local market. They tend to deman
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HOW EXACTLY DO VALUERS DETERMINE THE PRICE OF A PROPERTY?
The valuation of a property is a critical step in the real estate market, whether you are buying, selling, refinancing, or investing in real estate. Property valuations are essential for determining the market value of a property, and they play a vital role in making informed financial decisions, and thus you must know when and why you need a valuer. But how do valuers arrive at the price of a property, and what are the different valuation methods they use? In this blog, we'll explore the intricacies of property valuation and the various methods employed by valuers.Why Property Valuation Matters.Property valuation is the process of estimating the monetary value of a property. It is an important exercise for various reasons as follows:1. Real Estate Transactions:
Property valuations are crucial for both buyers and sellers to ensure that the property is fairly priced.2. Financing:
Lenders use property valuations to determine the amount they are willing to lend for mortgage purpo
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THE DANGERS OF BUYING A HOUSE WITHOUT A REAL ESTATE AGENT (OR BROKER OR REALTOR).
Purchasing a home is a significant financial decision that will impact your life for many years to come. While buying a home without the help of a real estate agent may seem like a cost-effective solution, it can come with numerous dangers that can end up costing you much more in the long run. In this article, we'll discuss some of the dangers of buying a home without a trusted real estate agent.
Lack of ExpertiseOne of the biggest dangers of buying a home without an agent is the lack of expertise. A real estate agent is a professional who has a deep understanding of the real estate market, local laws, and regulations. They are also familiar with the buying process and can help you navigate through any challenges that may arise. On the other hand, if you're not well-versed in real estate matters, you may make costly mistakes that can negatively impact your purchase.
Lack of Negotiating Skills Another danger of buying a home without an agent is the lack of negotiating skills. Re
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WHY DO SOME UGANDAN LANDLORDS THINK THEY ARE ABOVE THE LAW?
In Uganda, the relationship between landlords and tenants is often fraught with tension and misunderstandings. One prevailing issue is the perception that many landlords behave as if they are above the law. This behavior stems from a complex interplay of cultural, legal, and socio-economic factors.
To understand this phenomenon, we must delve into the intricacies of Uganda's rental market, legal framework, and societal norms. Here are some concrete examples that illustrate why many Ugandan landlords feel empowered to act beyond the law. Historical and Cultural Context.In Uganda, land ownership carries significant historical and cultural weight. Traditionally, land and property have been seen as symbols of wealth and power. This deep-rooted cultural perspective often influences the behavior of landlords, who may view themselves as having unquestionable authority over their property. Example. In rural areas, landlords who own land passed down through generations often see themse
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 116548
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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