Legal authentication in our evaluation services will help to ensure that the property being evaluated is, and that all necessary approvals and permits have been obtained, in order to avoid any legal hurdles that could impede future development or use of the property.
Some of the legal authentication services that are commonly used in our evaluation service include:
- Title search service involves researching the property's legal ownership history.
- Land use verification service involves determining if the property is used as per all the regulations.
- Building code compliance service involves ensuring that the property meets all local building regulations.
- Environmental assessment service involves checking for any environmental hazards on the property, such as soil or water contamination.
Property survey service involves determining the demarcation of the property.
MCON is a recognized national expert in Real Estate evaluations. We use profound methods for the valuation of your investment which includes Interagency Evaluation and Appraisal Guidance and provide a pricing model for your property with a single point of contact. Changes in market trends in recent years have increased the frequency of required valuations for your investments. However, this does not mean that full appraisals are always required. As such, MCON has listened to its clients’ needs and has developed a standardized evaluation.
Real estate investment is the commitment of finances to the property with the objective of generating income through lease or rental with an aim of capital appreciation in the long run. It involves a substantial amount of finances, is a long-term investment, and can be very unpredictable. This calls for a real estate investor to evaluate his/her risk appetite and investment capacity before participating in real estate investment
MCON provides typical viability study which includes the following steps:
Market Analysis: A real estate market analysis, also known as a comparative market analysis, is an analysis of current market values of properties, comparable to a property you are looking to buy or sell.
Financial Analysis: Real estate financial analysis are done by calculating the net operating income (NOI), Return on Investment (ROI), Capital appreciation.
Project Planning and Design: A complete planning from “Selecting and assessment of the land, identifying objective, feasibility report, architectural design, cost and budget, financing, construction and ended up with the projects”
Legal and Regulatory Compliance: Regulatory requirement is a matter of law. Regulatory compliance keeps brokerages lawful, sure, but they also protect their resources and reputation. One compliance mishap can cause irreparable damage for companies, especially if discretion is their main selling point. The risks are great, but compliance is there to protect you.
Risk Assessment: Real estate will never be risk-free. However, careful investors who practice due diligence in assessing the risks involved bolster their chances of success. Potential risk includes. Most quality real estate risk management plans are based on three general strategies; avoiding risk, controlling risk, and transferring risk.
We determine fair price of estate by grading the property on specified criteria; Because real estate investment is typically not a short-term trade, analyzing the cash flow, and the subsequent rate of return, is critical to achieving the goal of making profitable investments.
- Location
- Size & Layout
- Income generation capabilities
- Prospect for value appreciation
- Comparable cost of living in particular area
- Utilities and Other facilities
- Zoning and permits
Under this category, we provide Bungalows / apartments for stays of less than a month, which range from a few days to a few weeks. This includes accommodation for vacations, business trips and other short-term visits for people coming from other cities and countries.
In this lease option, we provide rental properties with an option to purchase it at a later date. Accordingly, rents are higher than the market value as a portion of the rent goes towards a partial payment on the property.
You can live in the property during the tenure of the agreement and would be able to purchase it at a pre-determined price and date.
As a company looking to facilitate our customers and helping them in managing their portfolio management, we provide services to obtain mortgage financing for purchase of properties. These services include:
- Pre-qualification: We can help you to determine if you are eligible for the amount of mortgage financing.
- Loan application: We can assist you with completing the loan application, including gathering and submitting required documentation such as income and employment verification, credit reports and property appraisal.
- Loan processing: We can assist with the loan processing, including underwriting and approval of the loan.
- Closing coordination: We can assist with coordinating the closing process, including handling paperwork and arranging for title insurance.
- Alternative financing: We can assist with alternative financing options such as private loans, hard money loans, and government-backed loans.
- Tax and insurance: We can assist with understanding the tax and insurance implications of a mortgage.
MCON intends to launch proptech, or property technology, it includes all the tech tools which Realtors or Estate experts use to optimize the way people buy, sell, research, market, and manage a property. These innovative technologies are also known as Real Estate Tech, Retech, Realtech,also this would allow realtors and general public to integrate over this unified platform participate in auction of properties through technology-backed and transparent bidding system. This would be one of its kind services in Pakistan’s market and would result in prompt completion of transactions.