Real Estate

Real estate is a legal term (in some jurisdictions, notably in the USA) that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property (also sometimes called chattel or personalty). However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership rights of the land itself.

Property Buying Tip

What are you looking for in a home? Must it be a bungalow, a condominium, an apartment or a penthouse? The actual area and size will depend on the size of your family as well as your own personal requirements. Think long term. Maybe you and your spouse require just a one-bedroom apartment at this point in time but plan to have two children later. In that case, a two-bedroom or even a three-bedroom is a better option

Buying A Property

Buying a property is perhaps the single biggest investment made by a person during his lifetime. Thus one needs to exert due caution in buying a house lest one's precious savings goes down the drain. After zeroing in on the desired property, one still would have to wade through a formidable maze of tedious legalities and endless paperwork. So in order to cruise home in style, one ought to acquaint oneself with various legal jargons and other technicalities.