4 bedroom Mansion for sale in Bbunga Kampala Uganda, code: 201107
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HOUSE FOR SALE ON 30 DECIMALS
LOCATED IN BUNGA KAWUKU USD Usd 350,000 OR UGX 1.3BN
It has 4 bathrooms in a beautiful environment seated on 30 Decimal
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SCAN QR CODE
201107
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40 RELATED PROPERTIES
(Related by price or location and type) |
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A HOME LOAN OR A MORTGAGE, WHAT’S THE DIFFERENCE?
When it comes to financing a new home, you may have encountered the terms "home loan" and "mortgage." Although they are often used interchangeably, there are subtle differences between the two. Understanding these distinctions is crucial for anyone considering homeownership or seeking financial assistance to purchase a property. In this blog post, we will delve into the dissimilarities between a home loan and a mortgage, helping you make an informed decision.
What is a Home Loan?
A home loan, also known as a housing loan or a property loan, is a broad term that refers to the borrowing of funds from a financial institution to purchase a residential property. The lender, typically a bank or a mortgage lender, provides the borrower with the necessary funds to acquire a home, which is then repaid over a specified period of time. Home loans can be obtained for various types of residential properties, including houses, apartments, or condominiums.
Key Features of a Home Loan:
Loan Am
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INTRODUCING BNB RENTAL CATEGORY TO THE REAL ESTATE DÁTABASE (RED)
In response to the evolving needs of the real estate market, our Real Estate Database (RED) platform has introduced a new category called BNB Rentals, which promises to redefine the way we think about short-term rentals.The Rise of BNB Rentals:With the rise of the sharing economy, the concept of short-term rentals has gained tremendous popularity. The success of BNB rentals has demonstrated the demand for unique, personalized, and often more affordable accommodations compared to traditional hotels. As a result, property owners are increasingly turning to short-term rentals as a lucrative option.Understanding BNB Rentals:BNB Rentals, a term coined to encompass a variety of short-term rentals beyond just private rooms or entire homes, is a broad category that includes properties ranging from cozy studios and stylish apartments to luxurious villas and unique accommodations like treehouses or houseboats. The term "BNB" stands for "Bed and Breakfast," reflecting the comfort and hospitality
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HOW TO TRANSFER A MAILO LAND TITLE INTO YOUR NAMES.
Mailo land is mostly common in the central region with few traces in western Uganda. Titled property is associated with complex paper work and one needs knowledge to save a dime as well as time from transactions, hence the phrase "ettakka biwandiiko ssi bigambo" which means Land ownership is proved by supporting and satisfactory documentation and not mere words.Step 1.
You must have in your possession a fully completed set of Transfer forms which include a Transfer form and two Consent forms, A photocopy of the duplicate certificate of title and authentic Passport photographs of the buyer and seller one for each. Include National Identification card copies / passports for both parties Fully witnessed by an Advocate of the vender and Purchaser. Attach a copy of the sells agreement on which the transaction was done.Step 2.
You present the documents to the Valuation Department at the Ministry Zonal Office (MLHUD) that takes the district where the land is situated for v
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DO YOU SUPPORT OR OPPOSE THE IDEA OF REAL ESTATE AGENTS CHÁRGING SEARCH FEES?
I recently engaged in a constructive dialogue with Dr. Rachael Mirembe, a distinguished figure within Uganda's real estate landscape. Our conversation stemmed from a past encounter on Twitter Spaces, during which we held differing opinions on the practice of real estate agents charging search fees. My intention of reaching out to her was to bridge our perspectives and establish common ground.
Initially, Dr. Mirembe strongly supported the elimination of search fees within the Ugandan real estate market, citing her experiences in South Africa where search/such fees were not customary. Her argument was centered on the belief that an agent's income should be derived solely from commissions earned after a successful sale and not from search fees.
However, our recent conversation led us to a shared understanding. We both recognized the necessity of search fees to deter time-consuming property tours by speculators and casual real estate enthusiasts also know as real estate tou
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ENTER YOUR DETAILS BELOW AND POSH WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 201107
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