This can be, and often is, the most important investment you will make at any time of your adult life, but especially entering retirement. The professionals you decide to work with will be critical to the quality of your life here. They could include real estate brokers, developers, appraisers and surveyors.
But how will you know which are the best qualified and reliable to properly take care of you? That’s why our knowledge of the local marketplace will significantly benefit and protect you from exposure to potential, unwanted problems, while also connecting you with the appropriate professionals.
Real Estate Brokers
In Dumaguete, there are several real estate brokerages available to assist you with your property-related needs. It’s often advisable to work with a brokerage that has a combination of foreign and local staff. This can provide a more comfortable and well-rounded experience. However, it’s crucial not to assume that a brokerage office led by a foreigner is automatically the right match for you.
When selecting a brokerage, be sure to obtain referrals from each office and seek out recommendations from the broader Dumaguete community regarding the reputation of the brokers. Understanding how they are perceived by locals and other expatriates can help you make an informed choice.
In addition to practical considerations, it’s important to trust your intuition when choosing a broker. Whether you’re looking to sell your property or find your dream home, having trust and confidence in your broker is essential for a smooth and successful transaction. Veritas Consulting Group (VCG) can provide you with guidance and referrals to reputable brokerage offices in Dumaguete to assist you in your property-related endeavors.
Developers
There are companies who specialize in community development, do joint ventures, and create investment properties. They tend to design a community that attracts like minded people who want quality designs that best suit the location’s environment. The community is then planned accordingly.
Successful Joint Ventures happen when the developer combines with an individual or group who provides vision, capital, or property on which to build. Sometimes investors are tired of the dangers of the stock market, or from receiving low returns on time deposits. That’s when having a property developer build structures that create solid, monthly income makes prudent sense.
Appraisers
The main role of a real estate appraiser is to determine the accurate value of a property, whether it is intended for sale or purchase. This process involves a comprehensive analysis of various factors that influence the final appraisal value. These factors include past and recent sale prices of properties in the same area, any upgrades or improvements made to the property since its original construction, and, in the case of non-residential properties, more complex considerations come into play.
For non-residential properties, appraisals may require boundary surveys, feasibility studies, engineering surveys, and other assessments to arrive at a precise value. Given the critical nature of this process, it’s essential to have a highly qualified and experienced appraiser working on your behalf. Veritas Consulting Group (VCG) can connect you with skilled and reputable appraisers who can ensure that you receive accurate valuations for your real estate investments.
Surveyors
Surveyors perform a wide range of tasks, with the type of survey conducted depending on the intended use of the land. For example, a Property Survey is conducted to precisely delineate the property boundaries and provide information on various aspects, including:
- Locations of all boundary monumentation found or set.
- Identification of apparent improvements and features, including dwellings, barns, sheds, garages, driveways, roadways, and surface utilities.
- Review of unresolved conflicts with recorded deed descriptions and maps.
The field of land surveying is indeed highly complex, and it is crucial to select the right surveyor to ensure accurate and reliable results. Veritas Consulting Group (VCG) can assist you in connecting with experienced and qualified surveyors who can meet your specific surveying needs and help you make informed decisions about your property.