Factors Influencing Investment in Immovable Property

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As you probably know, modern day real estate economies are cyclical and goes through cycles of suppressed market conditions, where property prices are relatively low, to expansionary conditions of unsustainable high levels. Holding an investment through an economic cycle and buying or selling at the appropriate time is the aim of most investors. However, apart from the general real estate economic cycles, there is also the property investment cycle or building life cycle. The two are not exactly the same but they are very close.

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Understanding the Insurance Process

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Understanding the insurance process for when taking out insurance or when claiming

When insuring your home or office building or industrial warehouse, the basis on which you need to insure is new replacement cost. New replacement cost is what it will cost to replace your entire house or building with an equivalent or similar structure. It is important to understand the insurance process before taking out insurance or when claiming. Read more

How you are insured: New-for-old (mostly)

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Most short-term insurance policies are based on replacing your insured property or assets at new-for-old. This means that if an event arises that damages your property or assets, you can submit a claim to your insurer and they will repair the damage or replace the asset with the equivalent new. This is in line with the principle of placing you in the same financial position you were in directly before the event occurred. Read more