About Company
World Wide Prominent Properties
Real Estate industry has made us capable of understanding the detailed requirements of each client due to which we have become one of the most preferred name in the construction industry. The company takes particular care in ensuring that its projects feature perfect vaasthu and a clear title so as to give buyers a hassle-free and happy ownership.
OUR WORKS
Our Latest Projects
Ongoing Projects
Why CHOOSE us
21+ Years of Experience
Expert Experience Worker.
Our team has 20+ years of combined experience in the real estate industry.
Project Communication
Schedule tracking and weekly updates from area project managers to keep you in sync with on-site activities.
Fixed Delivery Timelines
Guaranteed delivery timelines documented on turnkey agreements.
Calculators you may need!
Testimonial
What Clients Think
I had an amazing experience working with Global Properties with Aman. Aman was extremely professional and knowledgeable, guiding me through the entire process of purchasing my first home. He patiently answered all my questions and made sure I understood every step of the transaction.
Aman and his team at Global Properties helped me sell my home quickly and at a great price. From staging the property to marketing it online, they handled everything with precision and care.
FAQ
Real estate refers to property consisting of land and the buildings on it, along with its natural resources, such as crops, minerals, or water. It includes residential, commercial, industrial, and vacant land. Essentially, it’s about any property that can be bought, sold, or leased.
Investing in real estate can be a rewarding venture, but it requires research, capital, and a clear strategy. Here’s how to get started:
Research the Market: Understand the types of properties you want to invest in (residential, commercial, etc.) and the market trends in the location you’re interested in
Buying and renting a property are two fundamentally different choices. Here are some key differences:
- Ownership: When you buy a property, you own it outright (assuming the mortgage is paid off). Renting means you do not own the property but are paying to live there for a set period.
- Investment: Buying a home is generally considered an investment, as property values can increase over time, allowing for equity growth. Renting doesn’t build equity; the rent payments go to the landlord instead.
Closing costs are fees associated with finalizing a real estate transaction. These costs can be significant, ranging from 2% to 5% of the property’s purchase price, and vary by location and type of transaction.
Common Closing Costs for Buyers:
- Down Payment: A percentage of the purchase price (typically 10-20% for a home).
- Loan Origination Fees: Fees charged by the lender for processing the loan.
- Home Inspection: A professional inspection of the property’s condition.
- Appraisal Fees: Lenders require an independent appraisal to assess the value of the property.
A mortgage is a loan specifically designed for buying property. The borrower agrees to pay back the loan over a period of time (usually 15 to 30 years), with interest. If the borrower fails to make payments, the lender can take possession of the property through a process known as foreclosure.
- Types of Mortgages:
- Fixed-Rate Mortgages: The interest rate remains the same throughout the loan term.
- Adjustable-Rate Mortgages (ARMs): The interest rate may change after an initial fixed period.
- FHA Loans: Government-backed loans designed for first-time homebuyers with lower down payments.
- VA Loans: Loans for veterans or active military personnel, often requiring no down payment.