Frequently Asked Questions
Question about selling
Yes, a home can depreciate if market conditions change, the surrounding area declines, or the property is not maintained. However, in most established and growing areas like DHA, Bahria Town, and Gulberg, property values tend to appreciate over time if well-kept.
It depends on location, condition, and updates. Older homes can offer larger plots or prime locations at competitive prices, while new homes often feature modern designs, energy efficiency, and lower maintenance costs. A professional inspection is key to determining true value.
3. What is a broker?
A broker is a licensed professional or company that connects buyers, sellers, and investors in real estate transactions. Brokers help negotiate deals, handle documentation, and ensure smooth, secure property transfers.
Yes, if you own the property outright, you can pay your taxes and insurance directly. However, if you have a home loan or mortgage, some lenders require you to pay these through an escrow account managed by them.
The loan process usually takes anywhere from 2 to 6 weeks, depending on the lender, your financial documents, and property verification. Being prepared with all required paperwork can help speed up the process.
Question about renting
Yes. A home’s value can decrease due to market conditions, poor maintenance, or changes in the surrounding area. However, properties in prime and developing locations often appreciate over time.
It depends. Older homes can offer larger plots and prime locations but may require more maintenance. New homes typically have modern designs, better energy efficiency, and lower upkeep.
A broker is a licensed real estate professional or firm that connects buyers, sellers, and investors. They assist in negotiations, handle paperwork, and ensure secure transactions.
Yes. If you own your home outright, you can pay them directly. If you have a mortgage, your lender may require payments through an escrow account.
On average, it takes about 2 to 6 weeks, depending on your lender, required documents, and property verification.