Our listing is your listing your listing
On Immobilium, agents and property owners can post properties for sale.
Unlike traditional real estate agencies, where agents can only sell properties that belong to their own company, on Immobilium, agents and owners can post any property they want for buyers to see and purchase. This means that even if you are an agent from one company, you can still make money by helping a buyer purchase a property that’s listed by another agent or company on the Immobilium platform. We call this feature “our listings are your listings”. This makes it easier for buyers to find the property they want, and it gives agents more opportunities to earn money by helping buyers find and purchase the right property.
We have asked ChatGPT
to explain this feature to five-year-old
So, you know how sometimes people want to buy houses, right? On Immobilium, there are lots of houses and other buildings for sale. And, if someone wants to buy a house that’s on Immobilium, they can ask any person who works with Immobilium to help them buy it. It doesn’t matter if the house is owned by someone else or if it’s being sold by a different company. The person who helps the buyer buy the house will still get some money, even if they don’t work for the company that’s selling the house. It’s like everyone is helping each other sell and buy houses, so that everyone can be happy!
Immobilium Finance Finance
Financing Your Property Purchase in the USA
Immobilium is committed to helping buyers from all over the world find and purchase properties on our platform. If you’re interested in purchasing a property in the USA, we can help you access financing options that might not be available elsewhere.
One of these options is a hard money loan, which is a short-term loan secured by the property you’re buying. Hard money loans are typically provided by private lenders who are willing to take on the higher risk associated with these loans in exchange for higher interest rates and fees.
Here are some benefits of using a hard money loan to finance your property purchase in the USA:
- Fast approval: Hard money loans can often be approved in just a few days, which can be especially beneficial if you need to move quickly to secure a property.
- Flexible terms: Hard money lenders are often willing to be flexible with their terms, allowing you to customize your loan to meet your specific needs.
- No credit score requirements: Hard money lenders are primarily concerned with the value of the property you’re buying, rather than your credit score. This means that even if you have poor credit, you may still be able to qualify for a hard money loan.
- More purchasing power: Because hard money loans are based on the value of the property, rather than your income or credit score, you may be able to qualify for a larger loan than you would with a traditional mortgage.
If you’re interested in exploring your financing options for a property purchase in the USA, please contact us to learn more. We work with authorised and reputable service providers to help you access the financing you need to make your property dreams a reality.
We have asked ChatGPT
to explain Property Purchase in the USA to five-year-old
When you want to buy a toy, you usually need to have money to pay for it. But sometimes, you might not have enough money to buy the toy you want. So, you ask someone who has more money to lend you some money. This is called a loan.
When grown-ups want to buy a house, they also need money. Sometimes, they might not have enough money to buy the house they want. So, they can also ask someone who has more money to lend them some money. This is called a home loan or a mortgage.
Now, in the USA, there are some special loans called hard money loans that can help people buy a house even if they can’t get a traditional home loan from a bank. They can help people buy a house faster, without needing to go through a bank, and they can also help people who might not have a good credit score.
Off Market properties properties properties
Off-market properties are real estate properties that are not publicly advertised or listed for sale. Instead, they are typically only known to a select group of individuals, such as real estate agents, investors, or a specific group of buyers.
Owners of off-market properties may choose to keep the sale of their property private for various reasons, such as privacy concerns, or to test the market before making a public listing. As a result, off-market properties are often exclusive and can be difficult to find without insider knowledge or access to specialized networks.
For buyers, off-market properties can offer a unique opportunity to find a property that is not widely available on the market. These properties may be less competitive to purchase and could potentially offer better value or greater investment potential. However, it is important for buyers to have a trusted source of information and due diligence when considering off-market properties, as the lack of public information may pose additional risks or challenges.
We have asked ChatGPT
to explain off market properties to five-year-old
Off-market properties are like secret properties that people don’t talk about a lot. They’re not for sale in a store or on a website like normal properties, so you have to look in special places to find them. Sometimes people don’t want to sell their property to just anyone, so they only tell their friends and some special agents that they’re willing to sell. These secret properties can be very special and unique, but you have to know the right people to find them.
Property Inspections Inspections Inspections
A property inspection is a service that provides a thorough examination of a property before someone buys it.
The inspection is usually performed by a licensed professional who is trained to look for any potential problems or issues with the property. They’ll inspect the structure, foundation, roof, plumbing, electrical, and more to make sure everything is working properly and there are no safety concerns.
The inspection report provides a detailed description of the property’s condition, listing any issues found and their severity. This helps the buyer make an informed decision about whether or not to purchase the property, and can also help negotiate the price based on any repairs or maintenance needed.
In the USA, property inspections are typically not required by law, but they are highly recommended by real estate professionals. They can help protect buyers from unexpected costs and potential hazards, and can also give them peace of mind knowing that they are making a sound investment.
At Immobilium, we organize property inspections for buyers as part of our commitment to transparency and ensuring that buyers have all the information they need to make an informed decision.
We have asked ChatGPT
to explain Property inspections to five-year-old
When you go to the store to buy toys, you want to make sure that the toy you get is in good shape and that it works well. In the same way, when someone wants to buy a house, they want to make sure that the house is in good shape and that it doesn’t have any problems. So, before they buy the house, they have someone called an inspector check the house to make sure it’s okay. The inspector checks everything from the roof to the basement, and they make a report for the person who wants to buy the house. That way, the buyer can be sure that they’re getting a good house.
1031 exchange exchange exchange
A 1031 exchange is a tax-deferred exchange that allows real estate investors to defer paying taxes on capital gains when they sell one property and use the proceeds to buy another "like-kind" property.
The term “1031” refers to Section 1031 of the United States Internal Revenue Code, which outlines the rules for this type of exchange. The basic idea behind a 1031 exchange is that the investor can sell their existing property and use the proceeds to purchase a replacement property of equal or greater value, without paying any capital gains taxes on the sale of the original property.
Instead, the taxes are deferred until the investor sells the replacement property, at which point they can use another 1031 exchange to defer the taxes again.
There are certain rules and guidelines that must be followed in order to qualify for a 1031 exchange, and investors must work with a qualified intermediary to facilitate the exchange. Additionally, not all types of property are eligible for 1031 exchanges, and there are strict timelines and deadlines that must be met in order to successfully complete the exchange.
Overall, a 1031 exchange can be a powerful tool for real estate investors to build and manage their portfolios, while minimizing their tax liabilities and maximizing their returns.
We have asked ChatGPT
to explain off market properties to five-year-old
Sometimes when you have something, like a toy or a candy, you might want to trade it for something else. This is called an exchange.
The 1031 exchange is when grown-ups do a special kind of exchange, but with houses or buildings they own. It’s called “1031” because it’s a special rule in the grown-up law that has that number.
When they do a 1031 exchange, they can sell their old house or building, and use the money to buy a new house or building without having to pay a lot of taxes on the money they earned from selling the old one. It’s like trading your toy for a new one, but without having to give away some of your candy.