Frontpage Slideshow | Copyright © 2006-2010 JoomlaWorks, a business unit of Nuevvo Webware Ltd.
The Mortgage Company,
The Greenhouse, 2nd Floor
Adams Arcade, Ngong Road
P.O. Box 29310-00100, Nairobi

Tel: +254 729 933955, +254 737 933955
Email: info@tmcafrica.com
www.tmcafrica.com
WATCH TMC VIDEO
3 facts about Experienced Developers
  • A good location doesn't mean the best area in town when you are a developer. If you buy in the centre of the best area then you are going to pay the highest price and that doesn't leave you any room to make a profit.
  • Some of the most successful property developers specialize in buying in what most people would consider the worst possible locations, when in fact they are great locations for developing property, making large profits.
  • You make your profit when you sell completed property developments, thus, it is essential to pay the right price for the Land to be developed. If you pay over the top for something, however good it may seem, you are not going to be able to make a decent profit because the margins are so slim.
 
More Articles :

» Speech by Caroline Kariuki,Managing director of Mortgage Company on mortgage report in kenya

Speech by Caroline Kariuki,Managing director of Mortgage Company on mortgage report in kenya Caroline Kariuki, Managing Director,The Mortgage Company Thank you, Farhana, Ladies, Gentlemen, and members of the press, for your time and interest today...
Full

» 3 facts about Commercial Developments

Options you have for your commercial development finance include property refurbishment, property conversion, new building project and purchase of land.Financing options is provided depending on your worthiness, background, and possible outcome of...
Full

» 3 facts about Plot Loans

When you can't find the right house and land combination, it might be time to build.If you are searching for land to obtain on your own, it is simple to make incorrect choice, and purchase inappropriate land or overpay.People that intend to buy...
Full

» Save Millions (KSHs) by getting a shorter mortgage term

Save Millions (KSHs) by getting a shorter mortgage termWhat the experts sayTRUE, normally buying a home will cost you two or three times the price you paid. This is because of the effect paying interest has on your mortgage repayments. If you pay...
Full

» Save hard before you try to buy

Save hard before you try to buyWhat the experts sayTRUE, Lenders prefer borrowers with big deposits, offering them preferential rates of interest. So if you have at least 25 per cent of the purchase price to put down you will have access to the...
Full

FacebookTwitterLinkedin

Did you know

Should you keep your mortgage as small as possible

What the experts say

False. You will find mortgage lenders who will stretch your qualification ratios. They aren't doing you a favour. The qualification ratio is the ratio of your total mortgage payment to your total income. Aim for comfortable affordability.
Talk to us

Mortgages for

  • Buying your first home
  • Moving home
  • Moving your mortgage to us

Speak to our friendly experts
Call +254 729 933955
Email: info@tmcafrica.com