Punta Cana Real Estate
by Mary Ponce
Owning a Punta Cana Real Estate property is not just a dream anymore. On these days Punta Cana offers properties and real estate at affordable prices. Punta Cana is a fast growing tourist and investment area. You can have any kind of property you wish: condos, apartments, villas or land. In fact, all kind of real estate is for sale in Punta Cana. real estate agent
Punta Cana is among the fastest growing tourist destinations in the entire Caribbean. Because of its accelerated growth, it is hard to believe that 35 years ago all one could find there was a tiny adventurer's hotel and one narrow road. With roughly 40 hotels, 30,000 rooms, 5 operating golf courses, Punta Cana Realty still has the potential for astounding development. Acquiring property in Punta Cana is straightforward, but still, foreigners purchasing property anywhere in the world outside their native countries need to have extra caution. The best thing to do is obtain help from a real estate attorney to get through the process. real estate agent
Before the process of acquiring your own space, you should have in mind the prices. Apartments in Punta Cana can cost anywhere from $ 50,000 to $225,000(USD) depending upon the location and type of apartment. These are decent prices if you think about the spectacular ocean views and private beaches that you will be able to enjoy. real estate agent
A particular fact on Punta Cana Real Estate is that many renowned celebrities like Oscar de La Renta, Julio Iglesias and Shakira have residences on this region. Just like for celebrities there is luxury, comfort and amazing views on Punta Cana for everyone and all budgets.
Many years ago entrepreneurs with extraordinary business mentality purchased large beach properties at low prices and today most of the beachfront property of Punta Cana is owned and occupied by big resort hotels. You can purchase for future investments, to live there or just to have your own vacation spot. real estate agent
At this time getting involved in Punta Cana Real Estate seems like a smart decision. real estate agent
Saturday, April 18, 2009
Real Estate City Profiles - Nashville, Tennessee
Real Estate City Profiles - Nashville, Tennessee
by Brandon Cornett
Nashville, Tennessee is a great place to work and live. It's also a great place to buy a home, and it comes up on a lot of those "best places to live" lists. real estate agent
For example, in 2006 Kiplinger.com created a list of "50 Smart Places to Live." They used several criteria to create a list of cities there were a good real estate investment. Nashville made the top of the list, ranked #1 by the editors. real estate agent
Why Nashville, Tennessee Real Estate?
So what makes Nashville a great place to buy a home? Well, lots of things actually. So in this city profile, we will take a closer look at just what makes Nashville tick -- and what makes it such a smart real estate investment. real estate agent
Lifestyle & Entertainment in Nashville
When you mention the city name of "Nashville," most people immediately think of country music. Obviously, there's plenty of it to be found in Nashville. But the city also enjoys a wide range of musical influences and venues. In fact, if you go downtown on any given Saturday night, you can probably sample some live country music, jazz, rock or R&B, all within a short walk of one another. real estate agent
The Parks Department of Nashville offers a variety of facilities and programs for the city's residents to enjoy. The Department manages more than 100 individual properties (parks, nature centers, swimming pools, trails, etc.) as well as seven municipal golf courses. Whether you're interested in joining a local sports league, or you just want a nice place to jog or walk the dog, The Metro Parks and Recreation Department has something for you. real estate agent
Schools & Education
You can't talk about real estate in a particular city without talking about the city's schools. This is obviously an important topic for parents with school-aged children. But it's also important from a real estate investment standpoint, as the quality of schools will play a major role in property values. Fortunately, the educational scene in Nashville is both strong and diverse. real estate agent
Public schools in Nashville are operated under the purview of the Metropolitan Nashville Board of Education. This school system manages a total of 136 schools -- 74 elementary, 35 middle, 16 high schools, 4 alternative learning centers, 4 special education, and 3 charter schools. real estate agent
At the collegiate level, there are quite a few educational institutions in and around Nashville, Tennessee. In fact, the city is sometimes called the "Athens of the South" because of the high number of colleges and universities in the area. These include Vanderbilt University, Tennessee State University, and variety of other colleges and training institutions. real estate agent
Employment & Economy
Buying real estate in a city without evaluating the economy is like driving while blindfolded. So let's take a look at the economy and employment situation in Nashville, Tennessee. real estate agent
The music industry employs a lot of people in Nashville. Most of the major music labels such as Sony, Universal and Warner have offices in Nashville. Many smaller labels have also set up shop in the music-driven city. So music recording and production plays a big role in Nashville's economy. real estate agent
While music is the best-known aspect of Nashville's economy, healthcare is actually the city's largest industry segment. More than 200 healthcare companies are located within the Nashville metropolitan area. According to a 2006 issue of The Tennessean, the healthcare industry has contributes more than 90,000 jobs for Nashville residents, a much larger contribution than any other single industry sector. real estate agent
As a major city of the south, Nashville also enjoys many other types of industries as well, ranging from finance to publishing (and many things in between). real estate agent
Should You Buy Real Estate in the Nashville Area?
Should you buy a home in Nashville, Tennessee? In reality, this is a question that only you, as the homebuyer, can answer for yourself. All cities have certain pros and cons with regard to real estate values, quality of life, etc. This applies equally to Nashville. Hopefully, however, this guide to Nashville will help you move closer to answering that question! real estate agent
by Brandon Cornett
Nashville, Tennessee is a great place to work and live. It's also a great place to buy a home, and it comes up on a lot of those "best places to live" lists. real estate agent
For example, in 2006 Kiplinger.com created a list of "50 Smart Places to Live." They used several criteria to create a list of cities there were a good real estate investment. Nashville made the top of the list, ranked #1 by the editors. real estate agent
Why Nashville, Tennessee Real Estate?
So what makes Nashville a great place to buy a home? Well, lots of things actually. So in this city profile, we will take a closer look at just what makes Nashville tick -- and what makes it such a smart real estate investment. real estate agent
Lifestyle & Entertainment in Nashville
When you mention the city name of "Nashville," most people immediately think of country music. Obviously, there's plenty of it to be found in Nashville. But the city also enjoys a wide range of musical influences and venues. In fact, if you go downtown on any given Saturday night, you can probably sample some live country music, jazz, rock or R&B, all within a short walk of one another. real estate agent
The Parks Department of Nashville offers a variety of facilities and programs for the city's residents to enjoy. The Department manages more than 100 individual properties (parks, nature centers, swimming pools, trails, etc.) as well as seven municipal golf courses. Whether you're interested in joining a local sports league, or you just want a nice place to jog or walk the dog, The Metro Parks and Recreation Department has something for you. real estate agent
Schools & Education
You can't talk about real estate in a particular city without talking about the city's schools. This is obviously an important topic for parents with school-aged children. But it's also important from a real estate investment standpoint, as the quality of schools will play a major role in property values. Fortunately, the educational scene in Nashville is both strong and diverse. real estate agent
Public schools in Nashville are operated under the purview of the Metropolitan Nashville Board of Education. This school system manages a total of 136 schools -- 74 elementary, 35 middle, 16 high schools, 4 alternative learning centers, 4 special education, and 3 charter schools. real estate agent
At the collegiate level, there are quite a few educational institutions in and around Nashville, Tennessee. In fact, the city is sometimes called the "Athens of the South" because of the high number of colleges and universities in the area. These include Vanderbilt University, Tennessee State University, and variety of other colleges and training institutions. real estate agent
Employment & Economy
Buying real estate in a city without evaluating the economy is like driving while blindfolded. So let's take a look at the economy and employment situation in Nashville, Tennessee. real estate agent
The music industry employs a lot of people in Nashville. Most of the major music labels such as Sony, Universal and Warner have offices in Nashville. Many smaller labels have also set up shop in the music-driven city. So music recording and production plays a big role in Nashville's economy. real estate agent
While music is the best-known aspect of Nashville's economy, healthcare is actually the city's largest industry segment. More than 200 healthcare companies are located within the Nashville metropolitan area. According to a 2006 issue of The Tennessean, the healthcare industry has contributes more than 90,000 jobs for Nashville residents, a much larger contribution than any other single industry sector. real estate agent
As a major city of the south, Nashville also enjoys many other types of industries as well, ranging from finance to publishing (and many things in between). real estate agent
Should You Buy Real Estate in the Nashville Area?
Should you buy a home in Nashville, Tennessee? In reality, this is a question that only you, as the homebuyer, can answer for yourself. All cities have certain pros and cons with regard to real estate values, quality of life, etc. This applies equally to Nashville. Hopefully, however, this guide to Nashville will help you move closer to answering that question! real estate agent
How To Accumulate Cash To Invest In Real Estate
How To Accumulate Cash To Invest In Real Estate
by Jack Sternberg
Plenty of fancy words have been written about real estate investment strategies. But I want to cut to the chase in this article. No matter how fancy the language is, investment strategies boil down to two objectives: Buying real estate to accumulate cash. Buying real estate to build equity and wealth. real estate agent
Which strategy to choose depends entirely on you "your needs, your personality, and so forth. Frankly, either choice is fine as long as you choose one early in your career, commit to it over the long term and do everything you legally can to make it successful. real estate agent
In this article, I'll look at the cash accumulation strategies and the pros and cons of each. I'll treat the build equity and wealth strategy in another article. The Cash Accumulation Strategy Let's assume you're relatively new to the real estate market and need methods for pursuing a cash accumulation strategy. real estate agent
Below are several methods you can try: Bird dogging. In simple terms, you find good properties for investors and charge them a finder's fee for doing so. This is strictly a cash strategy. real estate agent
Advantages: It doesn't require any cash on your part or previous knowledge. It's also the fastest way to earn cash. In addition, it's a great way to learn the ropesof the local real estate market. real estate agent
Disadvantages: The money you earn per transaction is the least in the market. It also takes considerable time and effort to locate suitable properties. Flipping. Flipping is the art of buying property, waiting for the right moment, and then selling it for a quick profit. In basic terms, you're controlling the property with a binding purchase contract. This strategy is most effective in areas where the demand for housing is so high that there's a limited supply, causing prices to rapidly rise. real estate agent
Advantages: With this method, you'll get negotiation leverage and good profit potential. Also, it can be a good life if you enjoy an entrepreneurial life style and a lot of freedom. real estate agent
Disadvantages: Volume can be low, depending on market conditions so your income can fluctuate. Although flipping is entirely legal, it received bad press due to con artists making a quick buck by duping customers. So, you may need a thick skin in terms of other people's opinions of you. Another disadvantage occurs when too many speculators get into the market. When that happens, prices drop quickly, and you end up stuck with the property and no immediate profit. Another possible downside is that interest rates can rise, thus dampening the demand for housing. A final disadvantage is hidden property problems. If you don't pursue careful due diligence, you can end up with expensive repair costs that eat up your profits or even cause a loss. Buy and sell as-is. This method is simple: buy a property, leave it as-is, and then put it back on the market but at a higher price. real estate agent
Advantage: When done right, you'll find that the profit margin is even higher than with the flipping method. real estate agent
Disadvantages: This method takes time and, due to that fact, volume may be low. Buy, improve, sell. With this method, you purchase a property, make cost-effective improvements, and then sell it at a higher price. real estate agent
Advantage: Margins are even better with this rehabbingmethod than with the previous methods. real estate agent
Disadvantages: With this method, you have a much bigger investment time and money than the previous methods. real estate agent
by Jack Sternberg
Plenty of fancy words have been written about real estate investment strategies. But I want to cut to the chase in this article. No matter how fancy the language is, investment strategies boil down to two objectives: Buying real estate to accumulate cash. Buying real estate to build equity and wealth. real estate agent
Which strategy to choose depends entirely on you "your needs, your personality, and so forth. Frankly, either choice is fine as long as you choose one early in your career, commit to it over the long term and do everything you legally can to make it successful. real estate agent
In this article, I'll look at the cash accumulation strategies and the pros and cons of each. I'll treat the build equity and wealth strategy in another article. The Cash Accumulation Strategy Let's assume you're relatively new to the real estate market and need methods for pursuing a cash accumulation strategy. real estate agent
Below are several methods you can try: Bird dogging. In simple terms, you find good properties for investors and charge them a finder's fee for doing so. This is strictly a cash strategy. real estate agent
Advantages: It doesn't require any cash on your part or previous knowledge. It's also the fastest way to earn cash. In addition, it's a great way to learn the ropesof the local real estate market. real estate agent
Disadvantages: The money you earn per transaction is the least in the market. It also takes considerable time and effort to locate suitable properties. Flipping. Flipping is the art of buying property, waiting for the right moment, and then selling it for a quick profit. In basic terms, you're controlling the property with a binding purchase contract. This strategy is most effective in areas where the demand for housing is so high that there's a limited supply, causing prices to rapidly rise. real estate agent
Advantages: With this method, you'll get negotiation leverage and good profit potential. Also, it can be a good life if you enjoy an entrepreneurial life style and a lot of freedom. real estate agent
Disadvantages: Volume can be low, depending on market conditions so your income can fluctuate. Although flipping is entirely legal, it received bad press due to con artists making a quick buck by duping customers. So, you may need a thick skin in terms of other people's opinions of you. Another disadvantage occurs when too many speculators get into the market. When that happens, prices drop quickly, and you end up stuck with the property and no immediate profit. Another possible downside is that interest rates can rise, thus dampening the demand for housing. A final disadvantage is hidden property problems. If you don't pursue careful due diligence, you can end up with expensive repair costs that eat up your profits or even cause a loss. Buy and sell as-is. This method is simple: buy a property, leave it as-is, and then put it back on the market but at a higher price. real estate agent
Advantage: When done right, you'll find that the profit margin is even higher than with the flipping method. real estate agent
Disadvantages: This method takes time and, due to that fact, volume may be low. Buy, improve, sell. With this method, you purchase a property, make cost-effective improvements, and then sell it at a higher price. real estate agent
Advantage: Margins are even better with this rehabbingmethod than with the previous methods. real estate agent
Disadvantages: With this method, you have a much bigger investment time and money than the previous methods. real estate agent
Selling Montreal Real Estate: 3 Easy Tips for Home Staging
Selling Montreal Real Estate: 3 Easy Tips for Home Staging
by Eric Giguere
Before you put your home on the Montreal real estate market, it's important to make sure that it shows at its best. Home staging is a great way to enhance the look of your home and gives it a better chance of selling quickly and for the price you want.
Home staging in the Montreal real estate market is a growing trend. Home stating has one goal in mind and that is to make sure the house looks like showroom quality. Home staging has statistically sold homes faster and for more money, so why not do a little staging of your own.
The point of home staging is to give the home a neutral look that will appeal to the most buyers. Before you hire a professional home stager, you may want to look at what you can do yourself to increase the value of you home.
The 3 Ds of Home Staging
1. De-clutter: Over the years of living in the same house, everyone has the tendency to collect material things which are usually end up in the basement or the garage or the attic. Clutter is deadly to selling a house and can seriously reduce the selling price. Take a quick inventory of your rooms and evaluate what you could remove to make more room. When showing the house ensure that nothing is on the floors, especially clothes, and that the kitchen counters are free of most things except for accent items. You can refer to a "Stager" specialist for how to and professional advice.
2. De-personalize: Your personal touches make a home out of your house, but they may also scare some buyers off. Remove anything that is of personal, religious or sexual nature. If you like family photos and have them pinned up on the walls, take them down and replace them with neutral artworks. If you value religion and have symbols and artifacts around the house remove those during the visits as the potential buyers may not be of the same faith. If you have artwork that is of a more adult nature, remove them also because it may offend some potential buyers. The benefits will greatly outweigh the cost.
3. Deep Clean: It's spring cleaning time. A deep clean is the best way to really make your house stand out. It's also one of the oldest trick in the sales book. The first thing used cars salesmen do when they get a new used car on the lot is to deep clean it and make it shine. Clean and dust everything that you don't normally clean. Windows inside and out, doors, windows and door tracts, light fixtures, top of cabinetry, behind and under couches, furniture and appliances, walls and ceilings, and anywhere else you don't clean on a regular basis.
Before every showing: DUST and WINDEX
If you are selling a home in Montreal, you want to make sure that it is in the best condition possible to get the most profit possible. You should do this even if you choose to list with an agent since a good agent would tell you to do the same. Actually, if you choose to invite agents into your home, you should do these simple tips before they come visit. That way they will get a good first impression about your house and make the experience that much more pleasant.
by Eric Giguere
Before you put your home on the Montreal real estate market, it's important to make sure that it shows at its best. Home staging is a great way to enhance the look of your home and gives it a better chance of selling quickly and for the price you want.
Home staging in the Montreal real estate market is a growing trend. Home stating has one goal in mind and that is to make sure the house looks like showroom quality. Home staging has statistically sold homes faster and for more money, so why not do a little staging of your own.
The point of home staging is to give the home a neutral look that will appeal to the most buyers. Before you hire a professional home stager, you may want to look at what you can do yourself to increase the value of you home.
The 3 Ds of Home Staging
1. De-clutter: Over the years of living in the same house, everyone has the tendency to collect material things which are usually end up in the basement or the garage or the attic. Clutter is deadly to selling a house and can seriously reduce the selling price. Take a quick inventory of your rooms and evaluate what you could remove to make more room. When showing the house ensure that nothing is on the floors, especially clothes, and that the kitchen counters are free of most things except for accent items. You can refer to a "Stager" specialist for how to and professional advice.
2. De-personalize: Your personal touches make a home out of your house, but they may also scare some buyers off. Remove anything that is of personal, religious or sexual nature. If you like family photos and have them pinned up on the walls, take them down and replace them with neutral artworks. If you value religion and have symbols and artifacts around the house remove those during the visits as the potential buyers may not be of the same faith. If you have artwork that is of a more adult nature, remove them also because it may offend some potential buyers. The benefits will greatly outweigh the cost.
3. Deep Clean: It's spring cleaning time. A deep clean is the best way to really make your house stand out. It's also one of the oldest trick in the sales book. The first thing used cars salesmen do when they get a new used car on the lot is to deep clean it and make it shine. Clean and dust everything that you don't normally clean. Windows inside and out, doors, windows and door tracts, light fixtures, top of cabinetry, behind and under couches, furniture and appliances, walls and ceilings, and anywhere else you don't clean on a regular basis.
Before every showing: DUST and WINDEX
If you are selling a home in Montreal, you want to make sure that it is in the best condition possible to get the most profit possible. You should do this even if you choose to list with an agent since a good agent would tell you to do the same. Actually, if you choose to invite agents into your home, you should do these simple tips before they come visit. That way they will get a good first impression about your house and make the experience that much more pleasant.
What To Include In A Real Estate Purchase Agreement
What To Include In A Real Estate Purchase Agreement
by Gloria
A real estate purchase agreement is a vital written document required in the purchase and/or sale of a property. It is also referred to as a real estate contract involving two parties" the buyer and the seller. In the U.S., these agreements are required by law to be in writing to be considered legally binding. real estate agent
The document contains several important details such as the legal description of the property including the address, the purchase price, earnest money or deposit, inspections done, information on buyer financing and the timeframe for the buyer to obtain financing, closing date and time as well as the appliances and fixtures included and excluded in the sale of the property concerned. real estate agent
Parties involved" A real estate purchase agreement must identify the names of the seller and buyer who are also called principals. Only persons in a stable mental condition can enter into a contract. real estate agent
Property information" A legal description of the property must be stipulated in the contract including the specific address. real estate agent
Purchase price" This refers to the amount of the property’s selling price or an estimated value in the event an appraisal is still forthcoming. real estate agent
Signatures" The seller and the buyer should affix their signature on the contract to make the document enforceable. real estate agent
Contingencies" Most purchase agreements include contingencies of various kinds to protect the parties involved. real estate agent
a. Mortgage" This is one of the most common contingency which normally requires the buyer to secure a loan within a specific time after the contract signing. b. Inspection" Most buyers want to make sure that the property they are purchasing is free from material defects this is the reason why they require a satisfactory inspection. c. Appraisal" It is to the advantage of the buyer if the seller provides an appraisal report on the property during negotiation. However, the buyer also has a right to ask for his or her own appraisal to make sure that what he or she is buying is within a fair market value and not overpriced. d. Another sale" This means that the purchase or sale of a property is contingent on the sale of another real estate property. It is a reality that some buyers negotiate on purchasing a new home while their own property is still in the selling stage as well. It is only when their home is successfully sold that they can finance the purchase of a new property. e. 72-hour timeframe" This is usually a contingency provided by the seller in which he or she accepts a contract on condition that the potential buyer looks for a buyer or renter of their own property to purchase the new home. The seller here gives a 72-hour notice to buyer to scrap their contingency and continues to hold the right to sell the property. If the buyer can prove that he or she can purchase the property, the contingency will be removed. If not, the buyer will release the seller from the contract and allow him or her to accommodate a new contract. real estate agent
Closing" This is the date and time of closing when ownership of the property is transferred from the seller to the buyer. A different date may be stated for physical possession of the property. The closing also specifies which party will shoulder the closing costs. real estate agent
Fixtures" This refers to the appliances, furnitures and fixtures that the seller wants to include or exclude in the sale of the property. real estate agent
These forms can be purchased and downloaded over the internet. It is always recommended that you have an attorney look over any important document before signing. real estate agent
by Gloria
A real estate purchase agreement is a vital written document required in the purchase and/or sale of a property. It is also referred to as a real estate contract involving two parties" the buyer and the seller. In the U.S., these agreements are required by law to be in writing to be considered legally binding. real estate agent
The document contains several important details such as the legal description of the property including the address, the purchase price, earnest money or deposit, inspections done, information on buyer financing and the timeframe for the buyer to obtain financing, closing date and time as well as the appliances and fixtures included and excluded in the sale of the property concerned. real estate agent
Parties involved" A real estate purchase agreement must identify the names of the seller and buyer who are also called principals. Only persons in a stable mental condition can enter into a contract. real estate agent
Property information" A legal description of the property must be stipulated in the contract including the specific address. real estate agent
Purchase price" This refers to the amount of the property’s selling price or an estimated value in the event an appraisal is still forthcoming. real estate agent
Signatures" The seller and the buyer should affix their signature on the contract to make the document enforceable. real estate agent
Contingencies" Most purchase agreements include contingencies of various kinds to protect the parties involved. real estate agent
a. Mortgage" This is one of the most common contingency which normally requires the buyer to secure a loan within a specific time after the contract signing. b. Inspection" Most buyers want to make sure that the property they are purchasing is free from material defects this is the reason why they require a satisfactory inspection. c. Appraisal" It is to the advantage of the buyer if the seller provides an appraisal report on the property during negotiation. However, the buyer also has a right to ask for his or her own appraisal to make sure that what he or she is buying is within a fair market value and not overpriced. d. Another sale" This means that the purchase or sale of a property is contingent on the sale of another real estate property. It is a reality that some buyers negotiate on purchasing a new home while their own property is still in the selling stage as well. It is only when their home is successfully sold that they can finance the purchase of a new property. e. 72-hour timeframe" This is usually a contingency provided by the seller in which he or she accepts a contract on condition that the potential buyer looks for a buyer or renter of their own property to purchase the new home. The seller here gives a 72-hour notice to buyer to scrap their contingency and continues to hold the right to sell the property. If the buyer can prove that he or she can purchase the property, the contingency will be removed. If not, the buyer will release the seller from the contract and allow him or her to accommodate a new contract. real estate agent
Closing" This is the date and time of closing when ownership of the property is transferred from the seller to the buyer. A different date may be stated for physical possession of the property. The closing also specifies which party will shoulder the closing costs. real estate agent
Fixtures" This refers to the appliances, furnitures and fixtures that the seller wants to include or exclude in the sale of the property. real estate agent
These forms can be purchased and downloaded over the internet. It is always recommended that you have an attorney look over any important document before signing. real estate agent
Top Ten Thing Real Estate Agents Do Before Selling Their Own Home
Top Ten Thing Real Estate Agents Do Before Selling Their Own Home
by Bruce Swedal
When it comes to getting top dollar for their homes Real Estate Agents know how to get it done. After all it is what they do for a living. The only thing that typically keeps a typical home seller from achieving the same results is the reluctance on their part to invest in the sale of their home.
Since Realtors package, market and sell homes for a living and they know what home buyers want. Here is a list of the top ten items that real estate agents do when preparing their own home for sale.
Carpets are clean and in good condition. Otherwise, get rid of them. All clutter is removed. Everything is thoroughly cleaned. Pet odors are eliminated! Broken items are fixed. All clutter is removed from the front yard. Curtains are always opened, windows shades always up and lights always on. Walls are clean and there are no smudge marks. The closets are reorganized so they appear larger. The front lawn and shrubs are manicured. Excess furniture is removed and either put in the basement or into storage.
When it comes to the exterior of the home you should know that curb appeal scores big points. The impression from the curb is the first impression that a potential home buyer forms and sets the stage for the rest of the showing. If they get a poor impression first impression prior to even getting out of the car you may have already lost that buyer and never have an opportunity to get them back.
Beautify the exterior with paint, landscaping and any repairs needed to give it a crisp and uncluttered appearance. Buyers will want to purchase a home that they feel they can invite their friends and family to and be proud of what they have. You want the buyers to feel the pride you have in your home through the appearance.
When it comes to the interior of the home there are a couple key elements to keep in mind. Buyers like space and cleanliness. They do not want to feel that they will quickly outgrow the home so make sure that you clean out any unnecessary furniture to create more space. Also look at the cabinets and closets and clean out those spaces to create the feeling of having plenty of room.
Cleanliness may sound like an easy topic but people have different concepts of what is clean. Go overboard on cleaning and presenting an uncluttered appearance. Think of it in terms of your home can never be too clean when a buyer comes through. Buyers what to see show homes when it comes to cleanliness so take it to the extreme.
A key point to remember is that you should never do more than is necessary to sell your home.
Often sellers think that the more they fix-up, the higher the price they will get. When you go beyond the necessary fix-ups, you get to the point where you are wasting your money. Do all the necessary fix-ups prior to selling, but never do what is un-necessary.
by Bruce Swedal
When it comes to getting top dollar for their homes Real Estate Agents know how to get it done. After all it is what they do for a living. The only thing that typically keeps a typical home seller from achieving the same results is the reluctance on their part to invest in the sale of their home.
Since Realtors package, market and sell homes for a living and they know what home buyers want. Here is a list of the top ten items that real estate agents do when preparing their own home for sale.
Carpets are clean and in good condition. Otherwise, get rid of them. All clutter is removed. Everything is thoroughly cleaned. Pet odors are eliminated! Broken items are fixed. All clutter is removed from the front yard. Curtains are always opened, windows shades always up and lights always on. Walls are clean and there are no smudge marks. The closets are reorganized so they appear larger. The front lawn and shrubs are manicured. Excess furniture is removed and either put in the basement or into storage.
When it comes to the exterior of the home you should know that curb appeal scores big points. The impression from the curb is the first impression that a potential home buyer forms and sets the stage for the rest of the showing. If they get a poor impression first impression prior to even getting out of the car you may have already lost that buyer and never have an opportunity to get them back.
Beautify the exterior with paint, landscaping and any repairs needed to give it a crisp and uncluttered appearance. Buyers will want to purchase a home that they feel they can invite their friends and family to and be proud of what they have. You want the buyers to feel the pride you have in your home through the appearance.
When it comes to the interior of the home there are a couple key elements to keep in mind. Buyers like space and cleanliness. They do not want to feel that they will quickly outgrow the home so make sure that you clean out any unnecessary furniture to create more space. Also look at the cabinets and closets and clean out those spaces to create the feeling of having plenty of room.
Cleanliness may sound like an easy topic but people have different concepts of what is clean. Go overboard on cleaning and presenting an uncluttered appearance. Think of it in terms of your home can never be too clean when a buyer comes through. Buyers what to see show homes when it comes to cleanliness so take it to the extreme.
A key point to remember is that you should never do more than is necessary to sell your home.
Often sellers think that the more they fix-up, the higher the price they will get. When you go beyond the necessary fix-ups, you get to the point where you are wasting your money. Do all the necessary fix-ups prior to selling, but never do what is un-necessary.
Thursday, April 9, 2009
The Credit Card Application
The Credit Card Application
by Garth Brady
Obtaining a credit card in the United States is not very complicated; however, there are certain things one should take into account when filling out an application. The more thorough you are in filling out a credit card application the more information the bank will have. This means the bank may be able to offer a lower interest rate or more benefits.
Many banks send mail to your home or office with pre-approved credit card offers. Although the offers may sound good, they are only a marketing ploy for saying "We've noticed you, but you need to pass further evaluation". That's why they include an envelope with a proper credit card application.
Honesty
The first thing to remember is to be completely honest. Fill out the credit card application with factual information regarding your financial situation, your marital status and even something as simple as your true address. Banks check all of this information and will be suspicious if they find that something is not right
Secondly, do not forget anything. If you are buying or leasing a car, mention it in the application. If you are making your monthly payments in a timely manner, the bank will see that you are someone who can be trusted. The same thing applies if you have a mortgage for your home.
Accuracy
Double-check all of the spellings and numbers you enter in your credit card application. Although it may not be considered as fraudulent if you make a mistake, it can significantly delay the processing time.
Online or Offline?
The postal service may be too slow for some people. If you need your new card urgently, check out websites of different banks and find out what they can offer. Remember that if you don't have a credit history, you will have to pay bigger rates until you are recognized as someone who can be trusted.
When you have found a financial institution to accommodate you, fill the online credit card application with the same accuracy mentioned above and send it. Sooner than you expect, the bank will contact you with the news. There is no need to be afraid of a credit card application as banks are for-profit organizations and it's logical that they need to pro
by Garth Brady
Obtaining a credit card in the United States is not very complicated; however, there are certain things one should take into account when filling out an application. The more thorough you are in filling out a credit card application the more information the bank will have. This means the bank may be able to offer a lower interest rate or more benefits.
Many banks send mail to your home or office with pre-approved credit card offers. Although the offers may sound good, they are only a marketing ploy for saying "We've noticed you, but you need to pass further evaluation". That's why they include an envelope with a proper credit card application.
Honesty
The first thing to remember is to be completely honest. Fill out the credit card application with factual information regarding your financial situation, your marital status and even something as simple as your true address. Banks check all of this information and will be suspicious if they find that something is not right
Secondly, do not forget anything. If you are buying or leasing a car, mention it in the application. If you are making your monthly payments in a timely manner, the bank will see that you are someone who can be trusted. The same thing applies if you have a mortgage for your home.
Accuracy
Double-check all of the spellings and numbers you enter in your credit card application. Although it may not be considered as fraudulent if you make a mistake, it can significantly delay the processing time.
Online or Offline?
The postal service may be too slow for some people. If you need your new card urgently, check out websites of different banks and find out what they can offer. Remember that if you don't have a credit history, you will have to pay bigger rates until you are recognized as someone who can be trusted.
When you have found a financial institution to accommodate you, fill the online credit card application with the same accuracy mentioned above and send it. Sooner than you expect, the bank will contact you with the news. There is no need to be afraid of a credit card application as banks are for-profit organizations and it's logical that they need to pro
Quick Compare of Different Credit Card Brands
Quick Compare of Different Credit Card Brands
by Smith James
When it comes to financial matters, we are very cautious before making any kind of choices. And similarly we appreciate those who are cautious about our money and how can we get maximum benefits. Therefore one choice that really makes each of us ponder and research deep is the choice of credit card. Before we sign any kind of deal, we like to make sure that this is the best plan for people with our financial background, our monthly income and our spending habits.
There are a plethora of brands in credit cards available in the market today. And you can get the sales representative chasing you eagerly at one hint of your being a potential customer. But would they ever tell you the liabilities associated with their plans? Would they guide you towards the best deal if they do not have one for you? Certainly not. They will offer you the best they have and try to pursue you to opt for it.
From among Barclaycard, Virgin Money, MBNA Europe, Lloyds TSB, Tesco, Capital One, Halifax and many more brands of credit cards, you have to know which one has the deal that suits you the best. You have to read between the lines in order to guess the 'catch'. This is very important for you because at the end of the day, it's your money and you have to manage it well.
But then there is some relief now and you don't have to bring out the magnifying glass to search the best credit card for yourself. Now you can do it online. There are some good compare web sites that would lay out the pros and cons of all the available credit card brands in front of you. Some of them put it in an easy layout so that you are able to compare various brands vis-a-vis and pick up the one that seems apt.
by Smith James
When it comes to financial matters, we are very cautious before making any kind of choices. And similarly we appreciate those who are cautious about our money and how can we get maximum benefits. Therefore one choice that really makes each of us ponder and research deep is the choice of credit card. Before we sign any kind of deal, we like to make sure that this is the best plan for people with our financial background, our monthly income and our spending habits.
There are a plethora of brands in credit cards available in the market today. And you can get the sales representative chasing you eagerly at one hint of your being a potential customer. But would they ever tell you the liabilities associated with their plans? Would they guide you towards the best deal if they do not have one for you? Certainly not. They will offer you the best they have and try to pursue you to opt for it.
From among Barclaycard, Virgin Money, MBNA Europe, Lloyds TSB, Tesco, Capital One, Halifax and many more brands of credit cards, you have to know which one has the deal that suits you the best. You have to read between the lines in order to guess the 'catch'. This is very important for you because at the end of the day, it's your money and you have to manage it well.
But then there is some relief now and you don't have to bring out the magnifying glass to search the best credit card for yourself. Now you can do it online. There are some good compare web sites that would lay out the pros and cons of all the available credit card brands in front of you. Some of them put it in an easy layout so that you are able to compare various brands vis-a-vis and pick up the one that seems apt.
Credit Card Processing: Can High Risk Businesses Get A Merchant Account?
Credit Card Processing: Can High Risk Businesses Get A Merchant Account?
by Scott Burke
Is your business considered high risk? And can you still get a merchant account?
In credit card processing, there are many different reasons why a business may be considered high risk.
* First, it may be the actual business industry that has been tagged "high risk", such as travel, multi-level marketing (MLM), e-commerce, aggregators or collection agencies.
* Second, the reason may simply be the business volume that places a business in the high risk category.
* And third, it may be a reflection of the business or the business owner's credit history.
The question still arises: Can High Risk Merchants Obtain a Merchant Account?
The answer is YES. But you have to know where to go for the expert advice and guidance needed so you and your business are safe from excessive expenses often associated with high risk merchant accounts.
Working with an expert in high risk merchant accounts is critical to the success of obtaining the best merchant account solution for your business.
5 Points to Consider When Selecting the Best Merchant Account for Your High Risk Business:
* Your application needs to be handled by a high risk professional expert
* Your high risk merchant account processor should have experience with merchants in your business industry
* The high risk merchant account processor needs to have access to numerous credit sources - including more liberal banks and offshore options
* If your business does have to be taken offshore, your high risk experts need to work on getting the lowest rate available
* All rates should be disclosed prior to contract with the high risk credit card processing company
3 Insider Tips To Ensure Approval for a High Risk Business Merchant Account:
* Do you have a poor credit rating? Be honest about disclosing any past financial challenges. Acknowledging previous liens, bankruptcies, judgments, etc. will only improve your credibility and alleviate one more barrier.
* Be open to offshore options as sometimes they can offer your business the best merchant account solution.
* Shop around for a credit card processor that has expert knowledge in high risk merchant account approval - and don't be afraid to ask questions. The more you educate yourself in the process, the more you will recognize a good high risk merchant account processor giving you intelligent, experienced answers to your questions.
Operating a high-risk business does not exclude you from being able to process credit cards. Like any business, you want to provide your customers with as many non-cash payment options as possible. It is statistically proven that accepting credit cards help generate revenues and stimulate impulse purchases.
Owning a high risk business doesn't mean you won't be able to open a merchant account. It does mean, however, that you may have to do a little more in setting one up that is right for your business. Do your "due diligence", shop around and ask questions to find a credit card processing company that specializes in high risk and offshore merchant accounts and will offer their expertise to businesses who fall into the high risk category.
by Scott Burke
Is your business considered high risk? And can you still get a merchant account?
In credit card processing, there are many different reasons why a business may be considered high risk.
* First, it may be the actual business industry that has been tagged "high risk", such as travel, multi-level marketing (MLM), e-commerce, aggregators or collection agencies.
* Second, the reason may simply be the business volume that places a business in the high risk category.
* And third, it may be a reflection of the business or the business owner's credit history.
The question still arises: Can High Risk Merchants Obtain a Merchant Account?
The answer is YES. But you have to know where to go for the expert advice and guidance needed so you and your business are safe from excessive expenses often associated with high risk merchant accounts.
Working with an expert in high risk merchant accounts is critical to the success of obtaining the best merchant account solution for your business.
5 Points to Consider When Selecting the Best Merchant Account for Your High Risk Business:
* Your application needs to be handled by a high risk professional expert
* Your high risk merchant account processor should have experience with merchants in your business industry
* The high risk merchant account processor needs to have access to numerous credit sources - including more liberal banks and offshore options
* If your business does have to be taken offshore, your high risk experts need to work on getting the lowest rate available
* All rates should be disclosed prior to contract with the high risk credit card processing company
3 Insider Tips To Ensure Approval for a High Risk Business Merchant Account:
* Do you have a poor credit rating? Be honest about disclosing any past financial challenges. Acknowledging previous liens, bankruptcies, judgments, etc. will only improve your credibility and alleviate one more barrier.
* Be open to offshore options as sometimes they can offer your business the best merchant account solution.
* Shop around for a credit card processor that has expert knowledge in high risk merchant account approval - and don't be afraid to ask questions. The more you educate yourself in the process, the more you will recognize a good high risk merchant account processor giving you intelligent, experienced answers to your questions.
Operating a high-risk business does not exclude you from being able to process credit cards. Like any business, you want to provide your customers with as many non-cash payment options as possible. It is statistically proven that accepting credit cards help generate revenues and stimulate impulse purchases.
Owning a high risk business doesn't mean you won't be able to open a merchant account. It does mean, however, that you may have to do a little more in setting one up that is right for your business. Do your "due diligence", shop around and ask questions to find a credit card processing company that specializes in high risk and offshore merchant accounts and will offer their expertise to businesses who fall into the high risk category.
Credit Cards Can Help Prevent Your Financial Doomsday
Credit Cards Can Help Prevent Your Financial Doomsday!
by Deidre Shirley
Have you been scared out of your minds lately about the economy? People getting laid off, the possibility of tax increases, and no rock bottom in site? Well, you are not the only one. People are getting antsy talking about another Great Depression. Here's how you can help avoid any type of financial depression in your life:
First, apply for fixed low rate credit cards, preferably 4% or lower.
Second, use the money from the credit cards to open up a high-yield investment. No, were not talking about the stock market or other possible-loss scenarios. We're talking about government issued savings bonds or high-yield bank time CDs. The rates vary based on the amount you put in, but can be as high as 6.5%.
So let's say you invest $1,000 into a 5% savings bond for a year. You make $50, before the money is compounded. If the money is compounded daily, your yield would be higher.
If you got the money from a 0% interest rate card, your profit is $50. Now as long as the interest rate of the card is less than that of the account, your making dough.
Watch out for annual card fees, these will eat your profits. If a card has a yearly fee, call and ask if it can be averted. They will work with you. Its better than working against you.
Last, before hurrying and paying your credit card back, call and ask for an extension on the low interest rate. If they'll give it to you, you just made your self more time. And time is money in the world of interest.
by Deidre Shirley
Have you been scared out of your minds lately about the economy? People getting laid off, the possibility of tax increases, and no rock bottom in site? Well, you are not the only one. People are getting antsy talking about another Great Depression. Here's how you can help avoid any type of financial depression in your life:
First, apply for fixed low rate credit cards, preferably 4% or lower.
Second, use the money from the credit cards to open up a high-yield investment. No, were not talking about the stock market or other possible-loss scenarios. We're talking about government issued savings bonds or high-yield bank time CDs. The rates vary based on the amount you put in, but can be as high as 6.5%.
So let's say you invest $1,000 into a 5% savings bond for a year. You make $50, before the money is compounded. If the money is compounded daily, your yield would be higher.
If you got the money from a 0% interest rate card, your profit is $50. Now as long as the interest rate of the card is less than that of the account, your making dough.
Watch out for annual card fees, these will eat your profits. If a card has a yearly fee, call and ask if it can be averted. They will work with you. Its better than working against you.
Last, before hurrying and paying your credit card back, call and ask for an extension on the low interest rate. If they'll give it to you, you just made your self more time. And time is money in the world of interest.
Why Do I Need a Business Credit Card?
Why Do I Need a Business Credit Card?
by Phelicia Boone
Are you a small business owner? Are you currently using your personal credit card to finance your business purchases? Stop now! You should consider the positive reasons for using a separate credit card...a business credit card!
Business credit cards offer special incentives:
Although business credit cards generally offer interest rates that are higher than personal credit cards, you can still find value incentives from select credit companies which are directly comparable to personal credit cards, if you qualify. Not necessarily mutually inclusive, these incentives include cash back or travel rewards; savings on travel such as car, hotel, flight and other products; credit limits up to $50,000; flexible payment options; introductory rates as low as 0% APR; limited-time balance transfer rates as low as 0% APR; and even low interest rates that are comparable to personal "prime +" rates.
Before choosing a business credit card, do your homework. Read the fine print about fees, late payments and circumstances that can cause the interest rate to increase. Compare features that will benefit your company and thus become an overarching savings vehicle.
Business credit cards can be used to keep your business and personal finances separated:
When collecting and retaining information for tax and bookkeeping purposes, a business credit account will provide you with a monthly itemized list of goods and services, specifically purchased for your business. This eliminates the possibility of commingling personal and business finances and makes your audit trail much clearer. At the end of the year, many business credit accounts also provide a yearly summary of purchases. This is yet another avenue to help reconcile your bookkeeping. But more importantly, companies that may loan you credit in the future base their decision to do business with you based on your business credit history. So, there lies an incentive to start building your business credit now.
Business credit - How do I quality? What's my liability?
Oddly enough, the criteria for being approved for a business credit card can be based on your personal credit history, your personal income and possibly your personal assets, especially if you are a sole proprietor. So why couldn't you just have the lower personal rate of interest to begin with? Business credit card spending limits are generally much higher which increases the creditor's risk. Therefore, the risk warrants the desire for a higher return by the creditor.
If your business can stand on its own merit, meaning your financials are in order and you have a profit generating business, you may be able to open credit in the company's name without attaching personal liability or pledging personal property. Specifically, if your business is formed as a Corporation or a Limited Liability Company (LLC), you essentially (within the law) protect your personal assets from business creditors and hence from seizure or liens. With other company formations such as sole proprietorships and partnerships you are personally responsible for business debt incurred.
Favorable Tip: Like any other credit, your business credit should be monitored. Be aware of fraudulent charges and damaged goods. Know your rights and make sure you are protected in the creditor's terms and conditions.
by Phelicia Boone
Are you a small business owner? Are you currently using your personal credit card to finance your business purchases? Stop now! You should consider the positive reasons for using a separate credit card...a business credit card!
Business credit cards offer special incentives:
Although business credit cards generally offer interest rates that are higher than personal credit cards, you can still find value incentives from select credit companies which are directly comparable to personal credit cards, if you qualify. Not necessarily mutually inclusive, these incentives include cash back or travel rewards; savings on travel such as car, hotel, flight and other products; credit limits up to $50,000; flexible payment options; introductory rates as low as 0% APR; limited-time balance transfer rates as low as 0% APR; and even low interest rates that are comparable to personal "prime +" rates.
Before choosing a business credit card, do your homework. Read the fine print about fees, late payments and circumstances that can cause the interest rate to increase. Compare features that will benefit your company and thus become an overarching savings vehicle.
Business credit cards can be used to keep your business and personal finances separated:
When collecting and retaining information for tax and bookkeeping purposes, a business credit account will provide you with a monthly itemized list of goods and services, specifically purchased for your business. This eliminates the possibility of commingling personal and business finances and makes your audit trail much clearer. At the end of the year, many business credit accounts also provide a yearly summary of purchases. This is yet another avenue to help reconcile your bookkeeping. But more importantly, companies that may loan you credit in the future base their decision to do business with you based on your business credit history. So, there lies an incentive to start building your business credit now.
Business credit - How do I quality? What's my liability?
Oddly enough, the criteria for being approved for a business credit card can be based on your personal credit history, your personal income and possibly your personal assets, especially if you are a sole proprietor. So why couldn't you just have the lower personal rate of interest to begin with? Business credit card spending limits are generally much higher which increases the creditor's risk. Therefore, the risk warrants the desire for a higher return by the creditor.
If your business can stand on its own merit, meaning your financials are in order and you have a profit generating business, you may be able to open credit in the company's name without attaching personal liability or pledging personal property. Specifically, if your business is formed as a Corporation or a Limited Liability Company (LLC), you essentially (within the law) protect your personal assets from business creditors and hence from seizure or liens. With other company formations such as sole proprietorships and partnerships you are personally responsible for business debt incurred.
Favorable Tip: Like any other credit, your business credit should be monitored. Be aware of fraudulent charges and damaged goods. Know your rights and make sure you are protected in the creditor's terms and conditions.
Tuesday, April 7, 2009
Costa Rica Real Estate: An Eco-Friendly Retreat
Costa Rica Real Estate: An Eco-Friendly Retreat!
by Stacey Crevoiserat
Costa Rica is a simply beautiful place to visit, but imagine living there!! Your dream vacation could be your everyday life! Costa Rica real estate is a booming market at the moment and attracting a great deal of attention. If you're looking to buy a second home, move permanently, or retire somewhere tropical, Costa Rica is the place for you!
The following are a few reasons you should invest in Costa Rica Real Estate!
1. Stable Government Means Stable Investments! The Costa Rican government is a very stable one. They are a democratic republic with three branches and have enjoyed a peaceful democratic existence since 1949. The government sees the high value of tourism and encourages foreigners to visit and retire in Costa Rica. This stable government ensures that the money you invest in your real estate is a safe investment and will not lose value suddenly.
2. The Currency Is Stable, So Your Money Is Safe! Because the government is a stable one, the currency is as well. The Costa Rican colon, also referred to as the CRC, is the official currency and one US Dollar is equal to 516.245 CRC. Both US Dollars and CRC are accepted widely throughout Costa Rica, as much as 90% of the establishments will accept the US dollar.
3. Taxes! Costa Rican taxes are considerably lower than that of which we are used to; in fact they are some of the lowest in the world. For example, the property tax is only .25%, and only income earned in Costa Rica is subject to income tax. Also, Costa Rica offers large amounts of income that can be deductible and is free from all taxing. That is a huge break compared to what most Americans are used to!
4. It's All About Location! If you're looking to invest in a vacation home, or moving to enjoy your retirement, you may find you are still traveling back to your home city for holidays or to visit friends and family. The following cities are a 3-5 hour flight away from Costa Rica: Miami, Houston, Atlanta, Dallas, Chicago, New York, Los Angeles, and Toronto.
Another great thing to love about Costa Rica is the eco-tourism that brings in more tourists every single year. Owning a beautiful home in the middle of this eco-friendly environment is a dream come true!
What is Eco-Tourism?
Eco-tourism, basically, is the purpose of traveling to a select destination for the natural areas you wish to visit there, and to understand the culture and natural history of that environment. An eco-tourist takes special care not to alter the ecosystem and instead tries to do things to better the preserve and make it a more enjoyable spot for those who visit. This is a very broad definition that encompasses a simple day trip to a wildlife preserve to a weeklong trip in the rainforest.
Costa Rica Takes Advantage
Eco-tourism is booming due to more and more people growing frustrated with the tourist traps of concrete hotel lined beaches and overcrowded amusement parks. And Costa Rica has definitely benefited! In 1998, Costa Rica had 943,000 tourist visitors while in 2000 they had an amazing 1,100,000! While many Third World nations are putting their efforts into rapid industrialization, Costa Rica has actually gone the other way and is dedicated to eco-tourism as the key to their economical development. Although the country is only about the size of West Virginia, the biodiversity is amazing; with scenic beaches, lush rain forest, impressive volcanoes, waterfalls and exotic wildlife.
The environment has greatly benefited from the increasing development of eco-tourism too. They have made great leaps and bounds since 1963 when their very first environmental protection reserve was created. Now there are 70 protected areas covering 21% of the nation's territory. While it did cause some locals to have to move and some industries shut down, it opened up an entirely new world of employment in the means of heavy increases in tourism.
It's easy to see why so many people are interested in investing in Costa Rica Real Estate! If you're considering Costa Rica wait no longer! The Time Is Now!
by Stacey Crevoiserat
Costa Rica is a simply beautiful place to visit, but imagine living there!! Your dream vacation could be your everyday life! Costa Rica real estate is a booming market at the moment and attracting a great deal of attention. If you're looking to buy a second home, move permanently, or retire somewhere tropical, Costa Rica is the place for you!
The following are a few reasons you should invest in Costa Rica Real Estate!
1. Stable Government Means Stable Investments! The Costa Rican government is a very stable one. They are a democratic republic with three branches and have enjoyed a peaceful democratic existence since 1949. The government sees the high value of tourism and encourages foreigners to visit and retire in Costa Rica. This stable government ensures that the money you invest in your real estate is a safe investment and will not lose value suddenly.
2. The Currency Is Stable, So Your Money Is Safe! Because the government is a stable one, the currency is as well. The Costa Rican colon, also referred to as the CRC, is the official currency and one US Dollar is equal to 516.245 CRC. Both US Dollars and CRC are accepted widely throughout Costa Rica, as much as 90% of the establishments will accept the US dollar.
3. Taxes! Costa Rican taxes are considerably lower than that of which we are used to; in fact they are some of the lowest in the world. For example, the property tax is only .25%, and only income earned in Costa Rica is subject to income tax. Also, Costa Rica offers large amounts of income that can be deductible and is free from all taxing. That is a huge break compared to what most Americans are used to!
4. It's All About Location! If you're looking to invest in a vacation home, or moving to enjoy your retirement, you may find you are still traveling back to your home city for holidays or to visit friends and family. The following cities are a 3-5 hour flight away from Costa Rica: Miami, Houston, Atlanta, Dallas, Chicago, New York, Los Angeles, and Toronto.
Another great thing to love about Costa Rica is the eco-tourism that brings in more tourists every single year. Owning a beautiful home in the middle of this eco-friendly environment is a dream come true!
What is Eco-Tourism?
Eco-tourism, basically, is the purpose of traveling to a select destination for the natural areas you wish to visit there, and to understand the culture and natural history of that environment. An eco-tourist takes special care not to alter the ecosystem and instead tries to do things to better the preserve and make it a more enjoyable spot for those who visit. This is a very broad definition that encompasses a simple day trip to a wildlife preserve to a weeklong trip in the rainforest.
Costa Rica Takes Advantage
Eco-tourism is booming due to more and more people growing frustrated with the tourist traps of concrete hotel lined beaches and overcrowded amusement parks. And Costa Rica has definitely benefited! In 1998, Costa Rica had 943,000 tourist visitors while in 2000 they had an amazing 1,100,000! While many Third World nations are putting their efforts into rapid industrialization, Costa Rica has actually gone the other way and is dedicated to eco-tourism as the key to their economical development. Although the country is only about the size of West Virginia, the biodiversity is amazing; with scenic beaches, lush rain forest, impressive volcanoes, waterfalls and exotic wildlife.
The environment has greatly benefited from the increasing development of eco-tourism too. They have made great leaps and bounds since 1963 when their very first environmental protection reserve was created. Now there are 70 protected areas covering 21% of the nation's territory. While it did cause some locals to have to move and some industries shut down, it opened up an entirely new world of employment in the means of heavy increases in tourism.
It's easy to see why so many people are interested in investing in Costa Rica Real Estate! If you're considering Costa Rica wait no longer! The Time Is Now!
Telluride Real Estate -- It's Not About Money
Telluride Real Estate -- It's Not About Money
by Ray Roark
Far from the bling bling of Aspen, the rustic mining town of Telluride, Colorado, is surrounded by majestic snow capped peaks, dramatic waterfalls, and sunsets of pink, turquoise, orange and blue. Sure you will find charming Victorian homes with all of the modern conveniences, condos on the river, and log mansions on the mountain, but the beauty, recreation, and sense of community inspires a reality check every day of your life in this enchanted town. And, of course, investing in Telluride real estate will increase your bottom line, but it's not about money and it's not for everyone. Those who will gain the most from their investment are those that seek a greater reward, those that appreciate life and living.
It's amazing how quickly priorities skew and values change. Whether you own Telluride real estate or just visit, the incredible natural beauty of the area seems to keep one's life in perspective with a daily consciousness of nature and universe. Living in a postcard is life in Telluride. The spectacular, 14,000 foot peaks, mountains swathed in golden aspens during the fall, roaming elk herds numbering in the hundreds are a few of many sources of personal motivation and creative inspiration. Looking at mountains instead of buildings provides a continuous connection with nature. Beautiful and extreme changes in weather keep nature a consideration and priority. Breathtaking geography and coexistence with deer, elk, beaver, bears, and coyotes are constant reminders of our participation in life and responsibility as caretakers of our environment. But most of all the dangers of geography, weather, and wildlife also bring a consciousness of death and a sense of personal responsibility that gives one the greatest appreciation for living.
Beyond just a place to live, owning Telluride real estate is also an opportunity to exercise mind and body as you enjoy 300 days of sunshine each year. Telluride, Colorado, offers unlimited activities, opportunities, challenges, and new experiences keeping one physically healthy and mentally happy. While Telluride residents and visitors will find access to skiing and snowboarding within a few feet of their front door, they can also hike a short distance to the sources of rivers, bike across the valley floor, or enjoy an outdoor summer music festival. And throughout the area they will find fly fishing mountain streams and lakes, camping at the edge of a 1000 foot cliff, soaking in natural hot springs, and horseback riding across a sunny mesa. Other recreation includes snowmobiling, rollerblading, mountain biking, touring ghost towns, sleigh rides, rock and ice climbing, hunting, golfing, ice skating, rafting, kayaking, snowshoeing, ice fishing, 4 wheeling, and Telluride is home to many musicians and artists.
Whether Telluride's 2000 residents arrived with a certain inner peace and appreciation for life or gain their insight by becoming a part of the community, it is apparent in those you meet on the street or encounter on the river trail. Buying Telluride real estate is joining an exclusive society where people say hello, rally to help a fellow resident in need, and genuinely care more about your happiness than the car you drive. Six by 12 blocks in size, walking is the main mode of transportation and socialization. Telluride also provides free bus transportation and a free 2 mile gondola ride to neighboring Mountain Village and the ski area. Although Telluride has an airport, the town is not easy to get to, and for this reason most everyone in Telluride wants to be in Telluride.
The residents of Telluride are a close, supportive group that operates below the radar to host tens of thousands of guests every year. As a visitor, resident or owner of Telluride real estate in this resort community, you also enjoy a number of benefits not found in most small towns, such as, quality dining, a festive atmosphere with nighttime activities and parties, as well as, a range of upscale personal services. But, the tolerant and non-judgmental attitude where every voice makes a difference is Telluride's greatest distinction from many other small towns. The bank tellers keep treats for your puppy, and the post office serves hot chocolate and rice krispie treats while you wait in line during the Christmas rush. The giving and kindness of the locals is infectious and the single most valuable asset included with each real estate property sale. Telluride is not cheap, but it's not about money. Telluride real estate is a lifestyle inspired by nature, fueled by healthy activity and preserved by the genuine spirit of the people.
by Ray Roark
Far from the bling bling of Aspen, the rustic mining town of Telluride, Colorado, is surrounded by majestic snow capped peaks, dramatic waterfalls, and sunsets of pink, turquoise, orange and blue. Sure you will find charming Victorian homes with all of the modern conveniences, condos on the river, and log mansions on the mountain, but the beauty, recreation, and sense of community inspires a reality check every day of your life in this enchanted town. And, of course, investing in Telluride real estate will increase your bottom line, but it's not about money and it's not for everyone. Those who will gain the most from their investment are those that seek a greater reward, those that appreciate life and living.
It's amazing how quickly priorities skew and values change. Whether you own Telluride real estate or just visit, the incredible natural beauty of the area seems to keep one's life in perspective with a daily consciousness of nature and universe. Living in a postcard is life in Telluride. The spectacular, 14,000 foot peaks, mountains swathed in golden aspens during the fall, roaming elk herds numbering in the hundreds are a few of many sources of personal motivation and creative inspiration. Looking at mountains instead of buildings provides a continuous connection with nature. Beautiful and extreme changes in weather keep nature a consideration and priority. Breathtaking geography and coexistence with deer, elk, beaver, bears, and coyotes are constant reminders of our participation in life and responsibility as caretakers of our environment. But most of all the dangers of geography, weather, and wildlife also bring a consciousness of death and a sense of personal responsibility that gives one the greatest appreciation for living.
Beyond just a place to live, owning Telluride real estate is also an opportunity to exercise mind and body as you enjoy 300 days of sunshine each year. Telluride, Colorado, offers unlimited activities, opportunities, challenges, and new experiences keeping one physically healthy and mentally happy. While Telluride residents and visitors will find access to skiing and snowboarding within a few feet of their front door, they can also hike a short distance to the sources of rivers, bike across the valley floor, or enjoy an outdoor summer music festival. And throughout the area they will find fly fishing mountain streams and lakes, camping at the edge of a 1000 foot cliff, soaking in natural hot springs, and horseback riding across a sunny mesa. Other recreation includes snowmobiling, rollerblading, mountain biking, touring ghost towns, sleigh rides, rock and ice climbing, hunting, golfing, ice skating, rafting, kayaking, snowshoeing, ice fishing, 4 wheeling, and Telluride is home to many musicians and artists.
Whether Telluride's 2000 residents arrived with a certain inner peace and appreciation for life or gain their insight by becoming a part of the community, it is apparent in those you meet on the street or encounter on the river trail. Buying Telluride real estate is joining an exclusive society where people say hello, rally to help a fellow resident in need, and genuinely care more about your happiness than the car you drive. Six by 12 blocks in size, walking is the main mode of transportation and socialization. Telluride also provides free bus transportation and a free 2 mile gondola ride to neighboring Mountain Village and the ski area. Although Telluride has an airport, the town is not easy to get to, and for this reason most everyone in Telluride wants to be in Telluride.
The residents of Telluride are a close, supportive group that operates below the radar to host tens of thousands of guests every year. As a visitor, resident or owner of Telluride real estate in this resort community, you also enjoy a number of benefits not found in most small towns, such as, quality dining, a festive atmosphere with nighttime activities and parties, as well as, a range of upscale personal services. But, the tolerant and non-judgmental attitude where every voice makes a difference is Telluride's greatest distinction from many other small towns. The bank tellers keep treats for your puppy, and the post office serves hot chocolate and rice krispie treats while you wait in line during the Christmas rush. The giving and kindness of the locals is infectious and the single most valuable asset included with each real estate property sale. Telluride is not cheap, but it's not about money. Telluride real estate is a lifestyle inspired by nature, fueled by healthy activity and preserved by the genuine spirit of the people.
Real Estate Expansion in Costa Rica
Real Estate Expansion in Costa Rica
by Hamza Davis
Costa Rica is over 32, 000 miles of beautiful and immense mountains, low valleys, tropical rain forests and other natural resources. The Costa Rican government would like people to invest in Costa Rica. Buying real estate in Costa Rica isn't formidable. The government is doing everything that it can to intrigue investors so that the economy can remain strong. Recently, real estate in Costa Rica has proven to be a steadily growing commodity. This is undoubtedly due to the fact that Costa Rican officials constantly offer irresistible incentives to buyers investing in Costa Rica real estate along the coast as well as inland real estate in Costa Rica. While developing Costa Rica real estate is a focus to improve commerce in the nation, government officials have put various measures in place to insure that the country's beaches, rainforests, and other exotic elements indigenous to the region are preserved.
Costa Rica is the most technologically advanced country in all of Latin America! Exorbitant speed internet, cable and satellite television, cell phone service, air conditioning, sanitized running water, contemporary household appliances, and raw materials for building are all usable in Costa Rica. All the neoteric amenities needed for traditional and advanced medical care is also applicable. Life in Costa Rica is enjoyable for everyone because the cost of living is so very affordable. Professional services such as prescribed advice, accounting assistance, non resident medical care are provided at a fraction of the cost found in the United States and Europe.
Agile Marketing Solutions is pleased to nurture a private gated resort community located just south of the beaches of Nosara, Guanacaste Costa Rica. This is the introductory privately managed development in the region to feature a resort, vacation homes, villas, bar/restaurant, and a professional center all with 24 hour security. Due to the extraordinary demand, we will be building six more luxury condos beginning January 2008. We are looking for interested groups to invest in this amazing opportunity! La Pura Vida!
by Hamza Davis
Costa Rica is over 32, 000 miles of beautiful and immense mountains, low valleys, tropical rain forests and other natural resources. The Costa Rican government would like people to invest in Costa Rica. Buying real estate in Costa Rica isn't formidable. The government is doing everything that it can to intrigue investors so that the economy can remain strong. Recently, real estate in Costa Rica has proven to be a steadily growing commodity. This is undoubtedly due to the fact that Costa Rican officials constantly offer irresistible incentives to buyers investing in Costa Rica real estate along the coast as well as inland real estate in Costa Rica. While developing Costa Rica real estate is a focus to improve commerce in the nation, government officials have put various measures in place to insure that the country's beaches, rainforests, and other exotic elements indigenous to the region are preserved.
Costa Rica is the most technologically advanced country in all of Latin America! Exorbitant speed internet, cable and satellite television, cell phone service, air conditioning, sanitized running water, contemporary household appliances, and raw materials for building are all usable in Costa Rica. All the neoteric amenities needed for traditional and advanced medical care is also applicable. Life in Costa Rica is enjoyable for everyone because the cost of living is so very affordable. Professional services such as prescribed advice, accounting assistance, non resident medical care are provided at a fraction of the cost found in the United States and Europe.
Agile Marketing Solutions is pleased to nurture a private gated resort community located just south of the beaches of Nosara, Guanacaste Costa Rica. This is the introductory privately managed development in the region to feature a resort, vacation homes, villas, bar/restaurant, and a professional center all with 24 hour security. Due to the extraordinary demand, we will be building six more luxury condos beginning January 2008. We are looking for interested groups to invest in this amazing opportunity! La Pura Vida!
La Jolla Real Estate Offers Housing At Its Finest
La Jolla Real Estate Offers Housing At Its Finest
by J Harris
One of the most affluent communities in the country, the La Jolla real estate area offers a mixture of sophisticated charm with the carefree attitude of Southern California. La Jolla real estate is located only 15 minutes from downtown San Diego, and boasts gorgeous scenery, deluxe accommodations, and abundant recreational opportunities. Home to the nation's wealthiest and most prestigious individuals, La Jolla real estate offers the kind of extravagance that most of us rarely encountered.
Seaside Beauty Encompasses La Jolla Real Estate
Deemed the "jewel" of San Diego by residents, the La Jolla real estate area is encircled by immeasurable coastal beauty only found along the coastline of Southern California. Surrounded by magnificent beaches, towering palm trees, and breathtaking ocean views, La Jolla real estate offers the absolute best that the Northern San Diego area has to offer.
La Jolla real estate is blessed with an ideal climate, with temperatures only topping a pleasant 75 degrees in the summer months, and temperatures only dropping to 50 degrees in the winter time. This desirable climate allows residents of La Jolla real estate to enjoy the beauty of the outdoors all year long. Golfers, swimmers, surfers and fisherman can take advantage of the perfect La Jolla weather throughout the year.
La Jolla Real Estate Filled with Luxurious Accommodations
La Jolla real estate offers numerous housing options available for almost any accommodation. The La Jolla area differs from most modern suburbs in the fact that most of its housing is custom built, opposed to the usual manufactured and tract housing. Ranch houses, bungalows, condominiums and townhouses, in addition to mansions and estates, compose the majority of La Jolla real estate.
La Jolla real estate is some of the most sought after, as well as, the most expensive in all of the United States. Average La Jolla real estate prices range from $900,000 to more than $12 million. With breathtaking views, dazzling beaches, and a myriad of entertainment and recreation options throughout the area, many consider this a small price to pay for the opportunity to own real estate in the esteemed La Jolla community.
Various Recreational Options Surround La Jolla Real Estate
The La Jolla real estate area is notorious for its outstanding availability of recreation and entertainment activities. La Jolla Cove is a favorite of residents and vacationers alike because of its crystal clear, calm waters. Those who enjoy snorkeling, swimming, or scuba diving are drawn to the Cove, and consider it an ideal place for aquatic activities. Located in the shopping and dining district of La Jolla, Prospect Street offers everything from the latest fashion trends, to works by world renowned artists. Shops, boutiques, restaurants and art galleries line this famed street, and present the best of the areas offerings. The La Jolla real estate community is celebrated for its culture and surroundings, and remains one of the finest areas in all of Southern California.
by J Harris
One of the most affluent communities in the country, the La Jolla real estate area offers a mixture of sophisticated charm with the carefree attitude of Southern California. La Jolla real estate is located only 15 minutes from downtown San Diego, and boasts gorgeous scenery, deluxe accommodations, and abundant recreational opportunities. Home to the nation's wealthiest and most prestigious individuals, La Jolla real estate offers the kind of extravagance that most of us rarely encountered.
Seaside Beauty Encompasses La Jolla Real Estate
Deemed the "jewel" of San Diego by residents, the La Jolla real estate area is encircled by immeasurable coastal beauty only found along the coastline of Southern California. Surrounded by magnificent beaches, towering palm trees, and breathtaking ocean views, La Jolla real estate offers the absolute best that the Northern San Diego area has to offer.
La Jolla real estate is blessed with an ideal climate, with temperatures only topping a pleasant 75 degrees in the summer months, and temperatures only dropping to 50 degrees in the winter time. This desirable climate allows residents of La Jolla real estate to enjoy the beauty of the outdoors all year long. Golfers, swimmers, surfers and fisherman can take advantage of the perfect La Jolla weather throughout the year.
La Jolla Real Estate Filled with Luxurious Accommodations
La Jolla real estate offers numerous housing options available for almost any accommodation. The La Jolla area differs from most modern suburbs in the fact that most of its housing is custom built, opposed to the usual manufactured and tract housing. Ranch houses, bungalows, condominiums and townhouses, in addition to mansions and estates, compose the majority of La Jolla real estate.
La Jolla real estate is some of the most sought after, as well as, the most expensive in all of the United States. Average La Jolla real estate prices range from $900,000 to more than $12 million. With breathtaking views, dazzling beaches, and a myriad of entertainment and recreation options throughout the area, many consider this a small price to pay for the opportunity to own real estate in the esteemed La Jolla community.
Various Recreational Options Surround La Jolla Real Estate
The La Jolla real estate area is notorious for its outstanding availability of recreation and entertainment activities. La Jolla Cove is a favorite of residents and vacationers alike because of its crystal clear, calm waters. Those who enjoy snorkeling, swimming, or scuba diving are drawn to the Cove, and consider it an ideal place for aquatic activities. Located in the shopping and dining district of La Jolla, Prospect Street offers everything from the latest fashion trends, to works by world renowned artists. Shops, boutiques, restaurants and art galleries line this famed street, and present the best of the areas offerings. The La Jolla real estate community is celebrated for its culture and surroundings, and remains one of the finest areas in all of Southern California.
Real Estate Investing Mistakes To Avoid
Real Estate Investing Mistakes To Avoid
by Jonas Jonsson
You've no doubt seen them or read them. Glossy ads or four-color spreads in magazines and newspapers promising to teach you all the juicy details about successful real estate investing. And all you have to do to learn all these real estate investing secrets is to pay a rather high sum for a one-or two-day seminar.
Often these slick real estate investing seminars claim that you can make smart, profitable real estate investments with absolutely no money down (except, of course, the hefty fee you pay for the seminar). Now, how appealing is that? Make a profit from real estate investments you made with no money. Possible? Not likely.
Successful real estate investment requires cash flow. That's the nature of any type of business or investment, especially real estate investing. You put your money into something that you hope and plan will make you more money.
Unfortunately too few newbies to the world of real estate investing think that it's a magical type of business where standard business rules don't apply. Simply put, if you want to stay in real estate investing for more than, say, a day or two, then you're going to have to come up with money to use and invest.
While it may be true that buying real estate with no money down is easy, anyone who's even made a basic real estate investment (like buying their own home) knows there's much more involved in real estate investing that can cost you money. For example, what about any necessary repairs?
So, the number one rule people new to real estate investing should remember is to have available cash reserves. Before you decide to actually do any real estate investing, save some money. Having a little money in the bank when you start real estate investing can help you make more profitable real estate investments in rental properties, for example.
When real estate investing in rental properties, you'll want to be able to select only qualified tenants. If you have no cash flow when real estate investing in rental properties, you might be pressured to take in a less qualified tenant because you need somebody to pay you money so that you can take care of repairs or lawyer fees.
For any type of real estate investing, meaning rental properties or properties you buy to resell, having cash reserved can allow you to ask for a higher price. You can ask for a higher price from your real estate investment because you won't feel financially strapped as you wait for an offer. You won't be backed into a corner and forced to accept just any offer because you desperately need the money.
Another downfall of many new to real estate investing is, well, greed. Make a profit, yes, but don't become so greedy that you ask for ridiculous rental or resale rates on any of your real estate investments.
Those new to real estate investing need to see real estate investing as a business, NOT a hobby. Don't think that real estate investing is going to make you rich overnight. What business does?
It takes about six months to determine if real estate investing in for you. If you've decided that, hey I love this, then give yourself a few years to really start making money. It usually takes at least five years to become truly successful in real estate investing.
Persistence is the key to success in real estate investing. If you've decided that real estate investing is for you, keep plugging away at it and the rewards will be greater than you imagined.
by Jonas Jonsson
You've no doubt seen them or read them. Glossy ads or four-color spreads in magazines and newspapers promising to teach you all the juicy details about successful real estate investing. And all you have to do to learn all these real estate investing secrets is to pay a rather high sum for a one-or two-day seminar.
Often these slick real estate investing seminars claim that you can make smart, profitable real estate investments with absolutely no money down (except, of course, the hefty fee you pay for the seminar). Now, how appealing is that? Make a profit from real estate investments you made with no money. Possible? Not likely.
Successful real estate investment requires cash flow. That's the nature of any type of business or investment, especially real estate investing. You put your money into something that you hope and plan will make you more money.
Unfortunately too few newbies to the world of real estate investing think that it's a magical type of business where standard business rules don't apply. Simply put, if you want to stay in real estate investing for more than, say, a day or two, then you're going to have to come up with money to use and invest.
While it may be true that buying real estate with no money down is easy, anyone who's even made a basic real estate investment (like buying their own home) knows there's much more involved in real estate investing that can cost you money. For example, what about any necessary repairs?
So, the number one rule people new to real estate investing should remember is to have available cash reserves. Before you decide to actually do any real estate investing, save some money. Having a little money in the bank when you start real estate investing can help you make more profitable real estate investments in rental properties, for example.
When real estate investing in rental properties, you'll want to be able to select only qualified tenants. If you have no cash flow when real estate investing in rental properties, you might be pressured to take in a less qualified tenant because you need somebody to pay you money so that you can take care of repairs or lawyer fees.
For any type of real estate investing, meaning rental properties or properties you buy to resell, having cash reserved can allow you to ask for a higher price. You can ask for a higher price from your real estate investment because you won't feel financially strapped as you wait for an offer. You won't be backed into a corner and forced to accept just any offer because you desperately need the money.
Another downfall of many new to real estate investing is, well, greed. Make a profit, yes, but don't become so greedy that you ask for ridiculous rental or resale rates on any of your real estate investments.
Those new to real estate investing need to see real estate investing as a business, NOT a hobby. Don't think that real estate investing is going to make you rich overnight. What business does?
It takes about six months to determine if real estate investing in for you. If you've decided that, hey I love this, then give yourself a few years to really start making money. It usually takes at least five years to become truly successful in real estate investing.
Persistence is the key to success in real estate investing. If you've decided that real estate investing is for you, keep plugging away at it and the rewards will be greater than you imagined.
Monday, March 30, 2009
Real Estate California-Changing Scenario
Real Estate California-Changing Scenario
by Richard Brazil
CHANGING PATTERN OF CALIFORNIA REAL ESTATE
California has one of the world's largest and most diverse economies. Additionally, demographics in California are changing rapidly. These changing demographics affect the economy - specifically regarding business and land use for the coming years. Changes in age, ethnicity and income patterns can impact the development of projects, investment ventures and local real estate communities.
In California, the real estate investment market is in flux, creating opportunities for the swift real estate investors. While the traditional residential real estate market is in doldrums, there are sectors that will double and perhaps quadruple in the next ten years. Smart investors are taking advantage of the real estate market and accumulating properties in promising sectors. Real estate always poses a challenging aspect of investment. Smart investors have a substantial portion of their portfolios in real estate.
Residential real estate may fall in price rapidly because of two reasons.
1. The huge number of properties owned by individual families calls for lower valuation during stagflation or deflation. 2. The number of homes for sale, out numbers the number of buyers who want to buy them. 3. The property taxes are escalating.
If the budget deficit is out of control; there is always a tendency for property taxes to rise.
The farmlands currently present tremendous opportunities. These lands enjoy lower property taxes. The debt on these holdings is far less. It is time to accumulate farmlands and adjoining properties.
The year 2007 in California has been a year of change. Property sales volume is down, while in some areas (Los Angeles County) prices continue to climb.
Loan products are starting to disappear. Many mainstream lenders are tightening there standards for the 100% loan programs. Some lenders are eliminating low or Zero down payment programs all together.
Real Estate Agents too have thinned out in the market, as the sales volume decreases. There is a tendency towards Brokerage merging.
Now buyers and sellers are redefining the real estate dance, if you will. According to the National Association of Realtors (2006 Annual Survey) 80% of home buyers started their home search online. Despite the consumer's choice to seek out initial information online, buyers and sellers still employ the services of real estate professionals, to execute transactional details and complete the process.
by Richard Brazil
CHANGING PATTERN OF CALIFORNIA REAL ESTATE
California has one of the world's largest and most diverse economies. Additionally, demographics in California are changing rapidly. These changing demographics affect the economy - specifically regarding business and land use for the coming years. Changes in age, ethnicity and income patterns can impact the development of projects, investment ventures and local real estate communities.
In California, the real estate investment market is in flux, creating opportunities for the swift real estate investors. While the traditional residential real estate market is in doldrums, there are sectors that will double and perhaps quadruple in the next ten years. Smart investors are taking advantage of the real estate market and accumulating properties in promising sectors. Real estate always poses a challenging aspect of investment. Smart investors have a substantial portion of their portfolios in real estate.
Residential real estate may fall in price rapidly because of two reasons.
1. The huge number of properties owned by individual families calls for lower valuation during stagflation or deflation. 2. The number of homes for sale, out numbers the number of buyers who want to buy them. 3. The property taxes are escalating.
If the budget deficit is out of control; there is always a tendency for property taxes to rise.
The farmlands currently present tremendous opportunities. These lands enjoy lower property taxes. The debt on these holdings is far less. It is time to accumulate farmlands and adjoining properties.
The year 2007 in California has been a year of change. Property sales volume is down, while in some areas (Los Angeles County) prices continue to climb.
Loan products are starting to disappear. Many mainstream lenders are tightening there standards for the 100% loan programs. Some lenders are eliminating low or Zero down payment programs all together.
Real Estate Agents too have thinned out in the market, as the sales volume decreases. There is a tendency towards Brokerage merging.
Now buyers and sellers are redefining the real estate dance, if you will. According to the National Association of Realtors (2006 Annual Survey) 80% of home buyers started their home search online. Despite the consumer's choice to seek out initial information online, buyers and sellers still employ the services of real estate professionals, to execute transactional details and complete the process.
The Real Estate Short Sale - Key Investment Opportunity for 2008
The Real Estate Short Sale - Key Investment Opportunity for 2008
by Brandon Cornett
The real estate foreclosure explosion continues to wreak its havoc upon consumers and corporations alike.
On the consumer side, we are seeing tighter restrictions on mortgage lending, which makes it harder to obtain a mortgage loan. This is one of the reasons I keep chiming in about keeping a good credit score ... it is the most important thing consumers can do when facing the financial uncertainty we are now facing.
On the corporate side, many of the same lending institutions that got us into this mess (by loaning money to people who had no business taking on a mortgage loan), have suffered meltdowns all their own. According to their website, Ameriquest is no longer accepting applications for home loans. And Bank of America recently announced it will buy Countrywide.
Goodbye subprime lending industry.
But isn't there any good news within all of this?
Sure, if you're a real estate investor with ready access to financing. As the number of home foreclosures rise, so too do the number of real estate short sales and auctions -- both prime investment opportunities for purchasing a home below market value.
By way of definition, a "short sale" is a real estate sale where the sale price is less than what the seller still owes to the lender (via the mortgage loan).
In other words, the seller will sell the home for less than what he or she owes to the lender, and the lender will agree to accept this amount from the homeowner and "forgive" the remainder still owed. That is the basic definition of a short sale in real estate terms.
Believe it or not, mortgage lenders do not want to foreclose on homes. It's a hassle for them. They are in the business of lending money -- not managing, marketing and selling properties. So the lender will often allow the seller to pursue a short sale just to get the property off their hands, and off their books.
Normally, the seller will work with a real estate agent who specializes in short sale techniques ... somebody who can get the word out quickly about the great investment opportunity, and thus sell the home much faster than through traditional sales methods.
So if you're a buyer looking for an opportunity to buy a home for less than market value, tracking short sales could be the method for you.
Tracking Short Sales and Foreclosures
In the previous paragraph, the word "tracking" probably caught your eye. Obviously, you have to know about homes entering the foreclosure process so that you can evaluate them from an investment standpoint. Thus you must track short sales and foreclosures in your area.
Currently, there are about a dozen web-based services that can help you track foreclosures and short sales anywhere in the United States. Basically, you sign up for the service, enter your target search area (city or cities), and the service will send you email notifications about foreclosures.
If you plan to use one of these services, I recommend you conduct a free trial with two or three of the leading providers, to see which one you like best.
by Brandon Cornett
The real estate foreclosure explosion continues to wreak its havoc upon consumers and corporations alike.
On the consumer side, we are seeing tighter restrictions on mortgage lending, which makes it harder to obtain a mortgage loan. This is one of the reasons I keep chiming in about keeping a good credit score ... it is the most important thing consumers can do when facing the financial uncertainty we are now facing.
On the corporate side, many of the same lending institutions that got us into this mess (by loaning money to people who had no business taking on a mortgage loan), have suffered meltdowns all their own. According to their website, Ameriquest is no longer accepting applications for home loans. And Bank of America recently announced it will buy Countrywide.
Goodbye subprime lending industry.
But isn't there any good news within all of this?
Sure, if you're a real estate investor with ready access to financing. As the number of home foreclosures rise, so too do the number of real estate short sales and auctions -- both prime investment opportunities for purchasing a home below market value.
By way of definition, a "short sale" is a real estate sale where the sale price is less than what the seller still owes to the lender (via the mortgage loan).
In other words, the seller will sell the home for less than what he or she owes to the lender, and the lender will agree to accept this amount from the homeowner and "forgive" the remainder still owed. That is the basic definition of a short sale in real estate terms.
Believe it or not, mortgage lenders do not want to foreclose on homes. It's a hassle for them. They are in the business of lending money -- not managing, marketing and selling properties. So the lender will often allow the seller to pursue a short sale just to get the property off their hands, and off their books.
Normally, the seller will work with a real estate agent who specializes in short sale techniques ... somebody who can get the word out quickly about the great investment opportunity, and thus sell the home much faster than through traditional sales methods.
So if you're a buyer looking for an opportunity to buy a home for less than market value, tracking short sales could be the method for you.
Tracking Short Sales and Foreclosures
In the previous paragraph, the word "tracking" probably caught your eye. Obviously, you have to know about homes entering the foreclosure process so that you can evaluate them from an investment standpoint. Thus you must track short sales and foreclosures in your area.
Currently, there are about a dozen web-based services that can help you track foreclosures and short sales anywhere in the United States. Basically, you sign up for the service, enter your target search area (city or cities), and the service will send you email notifications about foreclosures.
If you plan to use one of these services, I recommend you conduct a free trial with two or three of the leading providers, to see which one you like best.
Real Estate Agents In Houston - A Thriving Market
Real Estate Agents In Houston - A Thriving Market
by Chris Crompton
Although most areas of the country have seen serious recessions in the housing market, Texas cities have continued to show gains in housing sales. In fact, real estate brokers in Houston have to work hard at finding homes to meet the growing need for both new housing and employee relocations.
Houston is home to many huge industries and manufacturing facilities, so the real estate agents in Houston have had a lot of experience helping corporate executives and their families find housing in the Houston area. It is beneficial to people who are new to the area, because real estate agents in Houston can give you advice to help you make the right decisions about the area where you choose to settle.
New developments are being constructed all over the greater Houston metropolitan area. The large increase in population is straining the capacity of roads and highways so it is important to consider how traffic will impact commuting time to your workplace when choosing where to live. A good real estate agent can help you make this determination and still find a neighborhood with the amenities you need.
Houston is full of luxury housing options. Whether you want a sprawling mansion in a gated community, a luxury villa, or a downtown penthouse condo, a real estate agent in Houston can help you find it. Agents will help discriminating buyers, like yourself, find your dream residence in one of the most exclusive neighborhoods in Houston.
Brokers have experience in the farming community as well. Surrounding the urban area of Houston are the pastoral scenes of large ranches and small farms. Ranch sales are an important aspect of the agents' job. Brokers can help both veteran rancher and gentleman farmer find the perfect plot of land to suit his or her needs.
Money is flowing in the city of Houston. That means the property professionals there are busier than ever. People are moving to the region, and those already there are often looking to upgrade their home address. Despite the increase in traffic, it is not difficult to locate a quality individual to help you find the perfect place to live. They will schedule a meeting, determine the dollars you can spend, and what is negotiable for you in your dwelling. Once completed, they will then search for just the right place that you can call home for years to come.
by Chris Crompton
Although most areas of the country have seen serious recessions in the housing market, Texas cities have continued to show gains in housing sales. In fact, real estate brokers in Houston have to work hard at finding homes to meet the growing need for both new housing and employee relocations.
Houston is home to many huge industries and manufacturing facilities, so the real estate agents in Houston have had a lot of experience helping corporate executives and their families find housing in the Houston area. It is beneficial to people who are new to the area, because real estate agents in Houston can give you advice to help you make the right decisions about the area where you choose to settle.
New developments are being constructed all over the greater Houston metropolitan area. The large increase in population is straining the capacity of roads and highways so it is important to consider how traffic will impact commuting time to your workplace when choosing where to live. A good real estate agent can help you make this determination and still find a neighborhood with the amenities you need.
Houston is full of luxury housing options. Whether you want a sprawling mansion in a gated community, a luxury villa, or a downtown penthouse condo, a real estate agent in Houston can help you find it. Agents will help discriminating buyers, like yourself, find your dream residence in one of the most exclusive neighborhoods in Houston.
Brokers have experience in the farming community as well. Surrounding the urban area of Houston are the pastoral scenes of large ranches and small farms. Ranch sales are an important aspect of the agents' job. Brokers can help both veteran rancher and gentleman farmer find the perfect plot of land to suit his or her needs.
Money is flowing in the city of Houston. That means the property professionals there are busier than ever. People are moving to the region, and those already there are often looking to upgrade their home address. Despite the increase in traffic, it is not difficult to locate a quality individual to help you find the perfect place to live. They will schedule a meeting, determine the dollars you can spend, and what is negotiable for you in your dwelling. Once completed, they will then search for just the right place that you can call home for years to come.
Lake Travis TX Real Estate
Lake Travis TX Real Estate
by Curtis Reddehase
Lake Travis is a man made lake getting its water from the Colorado River via Mansfield Dam. The construction of Mansfield Dam started in 1936. Lake Travis is over 63 miles long and its maximum width is 4.5 miles. The lake encompasses close to 19,000 acres. With this much room you can enjoy many different aspects of water sports, homes, restaurants, 11 county parks some with camping areas, water parks and hiking trails. Lake Travis is a short drive to downtown Austin with many communities and towns surrounding this beautiful lake.
Lakeway, TX is located on the eastern part of the lake with home prices ranging from the mid-$180,000 to well over $3,000,000. The Lakeway area has many amenities to offer its homeowners including a tennis club, marinas, golf clubs, swim center, many local retail centers, grocery stores and restaurants. Lakeway is home to the Lakeway Resort and Spa. The school district is Lake Travis ISD.
Bee Cave, TX, just a few years ago, had a population of just over 200. With the growth heading toward the Hill Country it now boasts over 700 residents. Not only has its population expanded but it now has the Hill Country Galleria with over 1,000,000 square feet of retail, municipal, and residential space. Across Hwy 71 is also a great shopping center, the Shops at the Galleria that has over 500,000 square feet of retail space. Several other businesses make Bee Cave a unique area including The Backyard, which has two outdoor venues for live music. This popular Austin music spot has hosted numerous musicians including David Bowie, Willie Nelson, Sheryl Crow, Widespread Panic and many other national and local acts. Homes in Bee Cave range from $300,000 to over $2,000,000. Lake Travis ISD is the school district for the Bee Caves area.
Traveling west past Bee Cave your next town will be Spicewood, TX. Spicewood is home to many wineries, restaurants, natural springs, and recreation parks with one including a canopy tour where you can zip thru the trees! Several communities are located conveniently on Lake Travis with marinas, lake access and golf courses. Homes in Spicewood range from $100,000 to $13,000,000. There are four school districts within the Spicewood area: Lake Travis ISD, Marble Falls ISD, Dripping Springs ISD and Johnson City ISD
Briarcliff, Texas is also located on the Southwestern side of Lake Travis. Briarcliff has a community center, tennis courts, golf course, marina and park area with a play ground, basketball courts, pavilion and picnic area. Homes range from $120,000 to $1,600,000 and are in the Lake Travis ISD.
On the North side of Lake Travis you have the City of LagoVista, TX. This area is abundant with many attractions including boating, fishing, golfing and many parks for hiking, biking and family recreation. Homes in Lago Vista range from $98,000 to over $5,000,000. The school district is Lago Vista ISD.
Point Venture, TX is located on the north shore of Lake Travis. Amenities include a fifty acre water front park with three boat ramps including tennis courts, marina, restaurants, and golf course. Lago Vista ISD is the school district. Homes range from $100,000 to $900,000.
by Curtis Reddehase
Lake Travis is a man made lake getting its water from the Colorado River via Mansfield Dam. The construction of Mansfield Dam started in 1936. Lake Travis is over 63 miles long and its maximum width is 4.5 miles. The lake encompasses close to 19,000 acres. With this much room you can enjoy many different aspects of water sports, homes, restaurants, 11 county parks some with camping areas, water parks and hiking trails. Lake Travis is a short drive to downtown Austin with many communities and towns surrounding this beautiful lake.
Lakeway, TX is located on the eastern part of the lake with home prices ranging from the mid-$180,000 to well over $3,000,000. The Lakeway area has many amenities to offer its homeowners including a tennis club, marinas, golf clubs, swim center, many local retail centers, grocery stores and restaurants. Lakeway is home to the Lakeway Resort and Spa. The school district is Lake Travis ISD.
Bee Cave, TX, just a few years ago, had a population of just over 200. With the growth heading toward the Hill Country it now boasts over 700 residents. Not only has its population expanded but it now has the Hill Country Galleria with over 1,000,000 square feet of retail, municipal, and residential space. Across Hwy 71 is also a great shopping center, the Shops at the Galleria that has over 500,000 square feet of retail space. Several other businesses make Bee Cave a unique area including The Backyard, which has two outdoor venues for live music. This popular Austin music spot has hosted numerous musicians including David Bowie, Willie Nelson, Sheryl Crow, Widespread Panic and many other national and local acts. Homes in Bee Cave range from $300,000 to over $2,000,000. Lake Travis ISD is the school district for the Bee Caves area.
Traveling west past Bee Cave your next town will be Spicewood, TX. Spicewood is home to many wineries, restaurants, natural springs, and recreation parks with one including a canopy tour where you can zip thru the trees! Several communities are located conveniently on Lake Travis with marinas, lake access and golf courses. Homes in Spicewood range from $100,000 to $13,000,000. There are four school districts within the Spicewood area: Lake Travis ISD, Marble Falls ISD, Dripping Springs ISD and Johnson City ISD
Briarcliff, Texas is also located on the Southwestern side of Lake Travis. Briarcliff has a community center, tennis courts, golf course, marina and park area with a play ground, basketball courts, pavilion and picnic area. Homes range from $120,000 to $1,600,000 and are in the Lake Travis ISD.
On the North side of Lake Travis you have the City of LagoVista, TX. This area is abundant with many attractions including boating, fishing, golfing and many parks for hiking, biking and family recreation. Homes in Lago Vista range from $98,000 to over $5,000,000. The school district is Lago Vista ISD.
Point Venture, TX is located on the north shore of Lake Travis. Amenities include a fifty acre water front park with three boat ramps including tennis courts, marina, restaurants, and golf course. Lago Vista ISD is the school district. Homes range from $100,000 to $900,000.
Tips On Investing Into The Miami Real Estate Sector
Tips On Investing Into The Miami Real Estate Sector
by Vanessa Doctor
Miami has become a hot spot for tourists as well as a place for retirement for the older generation. Well, with its warm environment and pristine beaches lining up the coast, who would not want to? This is also why the demand for Miami real estate is constantly on the rise.
Investing in Miami real estate is a very lucrative move to make money nowadays. Unfortunately, just like any other business, the real estate business too can be very risky especially if you are not knowledgeable when it comes to these things.
When going into the real estate business you need to have the proper preparation. You do not just go to the market and invest in a property when you feel like it. Doing it is just like throwing your money down the drain. But with the right mindset and the willingness to learn, you can acquire a real estate in Miami that is worthy of the title "investment."
Tip # 1: Gather Information
The basics of investing in real estate can be acquired from books. As a start you can read books about real estate and investing. There are a lot of these books in your local library. Give yourself some time to understand how the real estate business works.
Now that you have the basic knowledge it is time to gather information about the place where you want to invest which in this case is Miami real estate. Although books can give you good information about a place, it sometimes will not suffice since everything in the real estate market can change in the blink of an eye. The best way to go through with this is to find a person who can show you the ropes - a mentor if you will. But it is always good to take some precautions because there will be people who will want to take advantage of you.
Tip # 2: Build A Network of Contacts
In the real estate business, it is very important to have a network of contacts. You can easily have a good start if you have access on the internet. There are many forums and discussion boards that you can join. These are communities online that can help you reach your goal.
Other than online communities, another way of expanding your network is to join seminars especially those that are related to Miami real estate.
Again, just like when choosing a mentor, you have to be cautious of who to trust. It is a jungle out there and this can sometimes be a game of hunter and prey. And in your situation, you are a prey that hunters would like to take down.
Tip # 3: Ask Questions
People sometimes are afraid to speak their mind and are embarrassed to ask questions. Remember, that there is a possibility that you can lose a big amount of money if you are not careful. So do not be afraid nor be embarrassed to speak your mind off and inquire.
For example, if you want to invest on a Miami real estate that is to be sold, do not be afraid to ask questions like "Why is the owner selling it?" Because it might be that the property has certain negative aspects that you are not aware of. So before investing anything, inquire and ask questions.
by Vanessa Doctor
Miami has become a hot spot for tourists as well as a place for retirement for the older generation. Well, with its warm environment and pristine beaches lining up the coast, who would not want to? This is also why the demand for Miami real estate is constantly on the rise.
Investing in Miami real estate is a very lucrative move to make money nowadays. Unfortunately, just like any other business, the real estate business too can be very risky especially if you are not knowledgeable when it comes to these things.
When going into the real estate business you need to have the proper preparation. You do not just go to the market and invest in a property when you feel like it. Doing it is just like throwing your money down the drain. But with the right mindset and the willingness to learn, you can acquire a real estate in Miami that is worthy of the title "investment."
Tip # 1: Gather Information
The basics of investing in real estate can be acquired from books. As a start you can read books about real estate and investing. There are a lot of these books in your local library. Give yourself some time to understand how the real estate business works.
Now that you have the basic knowledge it is time to gather information about the place where you want to invest which in this case is Miami real estate. Although books can give you good information about a place, it sometimes will not suffice since everything in the real estate market can change in the blink of an eye. The best way to go through with this is to find a person who can show you the ropes - a mentor if you will. But it is always good to take some precautions because there will be people who will want to take advantage of you.
Tip # 2: Build A Network of Contacts
In the real estate business, it is very important to have a network of contacts. You can easily have a good start if you have access on the internet. There are many forums and discussion boards that you can join. These are communities online that can help you reach your goal.
Other than online communities, another way of expanding your network is to join seminars especially those that are related to Miami real estate.
Again, just like when choosing a mentor, you have to be cautious of who to trust. It is a jungle out there and this can sometimes be a game of hunter and prey. And in your situation, you are a prey that hunters would like to take down.
Tip # 3: Ask Questions
People sometimes are afraid to speak their mind and are embarrassed to ask questions. Remember, that there is a possibility that you can lose a big amount of money if you are not careful. So do not be afraid nor be embarrassed to speak your mind off and inquire.
For example, if you want to invest on a Miami real estate that is to be sold, do not be afraid to ask questions like "Why is the owner selling it?" Because it might be that the property has certain negative aspects that you are not aware of. So before investing anything, inquire and ask questions.
Tuesday, March 24, 2009
Marketing for Real Estate Entrepreneur
Marketing for Real Estate Entrepreneur
by jeffadams
If you are a budding real estate investor, then you need to learn about today's world of marketing which is very much necessary to get the right deals. Most real estate investors haven't understood the importance of having a market plan. Many investors think that, placing an Ad in a local newspaper will make the deal fall on his lap! Here the saddest part is that even after lot of trainings, less than 1% of real estate investors have marketing plans. The important thing about marketing is to include your marketing plans into your business. You need to remember that, marketing plans will get you concrete results and great success.
Marketing plans has numerous advantages and it can rope in hundreds of deals for you! It actually allows you to clarify exactly what you need to achieve in the coming days. It also allows you to map out all your activities which you needed to accomplish your plans and reach your goals. Marketing plans lets you to set deadlines, to hold others accountable so everything in completed. It makes you free to concentrate on the higher payoff activities, which will offer you with greater deals. There are so many people who fail in real estate investing due to a simple reason; they don't have any sort of marketing plans or goals. It very necessary to include detailed plans along with your goals which will help you to accomplish what you want, without facing any kinds of hurdles.
Never be vague, it constantly makes you confused and it becomes a hindrance for your goal. Never think of becoming rich or a billionaire overnight without proper planning or including marketing plans into your business. Here are some useful tips, which you need to include into your marketing plans. Have a goal for your total net income, but make sure you work hard for it! Have a goal for the number of deals that you sign in and the appointments that you make. Include a goal for the total number of leads and the average income made out of each deal. This detailed plan need not be typed or fed into your computer, just hand written on a piece of paper and pinned up on to your bulletin board is more than enough, and it doesn't need to look fancy. Do have a scratch pad plans, which will guide you to plan and stick to each and every things that you do. Take some time and think twice, before you do anything or committing to something.
by jeffadams
If you are a budding real estate investor, then you need to learn about today's world of marketing which is very much necessary to get the right deals. Most real estate investors haven't understood the importance of having a market plan. Many investors think that, placing an Ad in a local newspaper will make the deal fall on his lap! Here the saddest part is that even after lot of trainings, less than 1% of real estate investors have marketing plans. The important thing about marketing is to include your marketing plans into your business. You need to remember that, marketing plans will get you concrete results and great success.
Marketing plans has numerous advantages and it can rope in hundreds of deals for you! It actually allows you to clarify exactly what you need to achieve in the coming days. It also allows you to map out all your activities which you needed to accomplish your plans and reach your goals. Marketing plans lets you to set deadlines, to hold others accountable so everything in completed. It makes you free to concentrate on the higher payoff activities, which will offer you with greater deals. There are so many people who fail in real estate investing due to a simple reason; they don't have any sort of marketing plans or goals. It very necessary to include detailed plans along with your goals which will help you to accomplish what you want, without facing any kinds of hurdles.
Never be vague, it constantly makes you confused and it becomes a hindrance for your goal. Never think of becoming rich or a billionaire overnight without proper planning or including marketing plans into your business. Here are some useful tips, which you need to include into your marketing plans. Have a goal for your total net income, but make sure you work hard for it! Have a goal for the number of deals that you sign in and the appointments that you make. Include a goal for the total number of leads and the average income made out of each deal. This detailed plan need not be typed or fed into your computer, just hand written on a piece of paper and pinned up on to your bulletin board is more than enough, and it doesn't need to look fancy. Do have a scratch pad plans, which will guide you to plan and stick to each and every things that you do. Take some time and think twice, before you do anything or committing to something.
Developers Unite to Push Pune Real Estate Markets
Developers Unite to Push Pune Real Estate Markets
by George Gonigal
"Pune is among the top seven cities of the country and enjoys a number of advantages that a few other cities in India have to offer. Good water supply, moderate climate, quality human resources and superior connectivity to mention a few," said Atul Goel, chairman of the Promoters and Builders Association of Pune (PBAP) while speaking to the media persons, on January 08. He said that in absence of political support, Pune real estate is also likely to follow Bangalore which is suffering grave infrastructure issues.
The PBAP, in order to showcase real estate developments in Pune, would launch its eighth mega property exhibition from January 11 to 13 at the SSPMS grounds, in Pune. As per an estimate, more than 68 Pune real estate builders will display their 300 projects during the exhibition. Pune's Divisional Commissioner Nitin Kareer and PMC chief Parveensinh Pardeshi would also be present at the occasion to share his views on how Pune can continue to be an attractive economic centre of India.
Another real estate builder of Pune pointed out that Pune Real Estate market has not grown on just one factor of IT industry, but the industries of automobile, parts-manufacturing, health and other services sectors have also played an equally significant role in its development.
"The local economy of the city is growing by leaps and bounds. Thousands of people come into the city every year, as there are ample job opportunities in the city. This really keeps the demand for rental homes in Pune high," said Rajeev Raheja, a Pune-based real estate dealer. As per the industry estimates, Pune needs as many as 40,000 residential properties every year to meet the housing demands of its citizens.
To keep pace with growing commercialization, rapid real estate development and increase in population, the city needs at least 15 percent of its total area for roads. Real estate builders also point out that policy-level issues must be dealt on priority.
by George Gonigal
"Pune is among the top seven cities of the country and enjoys a number of advantages that a few other cities in India have to offer. Good water supply, moderate climate, quality human resources and superior connectivity to mention a few," said Atul Goel, chairman of the Promoters and Builders Association of Pune (PBAP) while speaking to the media persons, on January 08. He said that in absence of political support, Pune real estate is also likely to follow Bangalore which is suffering grave infrastructure issues.
The PBAP, in order to showcase real estate developments in Pune, would launch its eighth mega property exhibition from January 11 to 13 at the SSPMS grounds, in Pune. As per an estimate, more than 68 Pune real estate builders will display their 300 projects during the exhibition. Pune's Divisional Commissioner Nitin Kareer and PMC chief Parveensinh Pardeshi would also be present at the occasion to share his views on how Pune can continue to be an attractive economic centre of India.
Another real estate builder of Pune pointed out that Pune Real Estate market has not grown on just one factor of IT industry, but the industries of automobile, parts-manufacturing, health and other services sectors have also played an equally significant role in its development.
"The local economy of the city is growing by leaps and bounds. Thousands of people come into the city every year, as there are ample job opportunities in the city. This really keeps the demand for rental homes in Pune high," said Rajeev Raheja, a Pune-based real estate dealer. As per the industry estimates, Pune needs as many as 40,000 residential properties every year to meet the housing demands of its citizens.
To keep pace with growing commercialization, rapid real estate development and increase in population, the city needs at least 15 percent of its total area for roads. Real estate builders also point out that policy-level issues must be dealt on priority.
Real estate is the best tool for wealth creation
Real estate is the best tool for wealth creation
by Peter McArdle
We all have had some experience with real estate , we all have to live under shelter , whether being a home owner or a tenant. While we were renting we know what made us happy and what didn't , and as home owners , we might have indulge in some home - improvements.
Property investments can be more than just a place you live. It can be an inflation - proof income - producing asset that can help us with our own wealth creating. Statistics show that rental income will rise every 9 years regardless of economy.
Property is a great investments for many reasons , you have direct control over the returns , if the property is not giving you good returns you could add value through renovations. Property is a very stable market. Property value rises , on average , every 7 years.
There are also many real estate strategies you can use for good returns on your investment. Here are three basic strategies for you to look at.
BUY AND HOLD
Buy and hold is a basic strategy which is , as the name suggests , buying a piece of property and holding for the long term . If you use this strategy the key here is to buy wisely , if you choose well then you are likely to have a more profitable investment.
BUY , RENOVATE , AND HOLD
Again the name says it all. When a property is successfully renovated the value of your property should rise noticeably as should the rent. When renovating you need to be careful you do not get caught up in expensive and time consuming renovations. So before attempting to put this strategy to work , it is very important you have done your home work. Remember the higher the return the higher the risk but of course if you have gain knowledge on the market and have good trading techniques , they will go a long way in lowering the risks of your investment.
Very few people are able to invest without getting caught up in the process. It is very important to keep your emotions at bay. Money will start walking out the door as soon as you let your emotions dictate your investment decisions. To keep your emotions at bay , remind yourself that you are not going to be living in the property and concentrate on what you think your tenant would like. Getting caught up in doing the property up is also a bad way to look at investments. If you over - capitalise , you wont get your money back. Keep the renovations simple.
You make money because the value of property should rise over time , as should the rental returns.
by Peter McArdle
We all have had some experience with real estate , we all have to live under shelter , whether being a home owner or a tenant. While we were renting we know what made us happy and what didn't , and as home owners , we might have indulge in some home - improvements.
Property investments can be more than just a place you live. It can be an inflation - proof income - producing asset that can help us with our own wealth creating. Statistics show that rental income will rise every 9 years regardless of economy.
Property is a great investments for many reasons , you have direct control over the returns , if the property is not giving you good returns you could add value through renovations. Property is a very stable market. Property value rises , on average , every 7 years.
There are also many real estate strategies you can use for good returns on your investment. Here are three basic strategies for you to look at.
BUY AND HOLD
Buy and hold is a basic strategy which is , as the name suggests , buying a piece of property and holding for the long term . If you use this strategy the key here is to buy wisely , if you choose well then you are likely to have a more profitable investment.
BUY , RENOVATE , AND HOLD
Again the name says it all. When a property is successfully renovated the value of your property should rise noticeably as should the rent. When renovating you need to be careful you do not get caught up in expensive and time consuming renovations. So before attempting to put this strategy to work , it is very important you have done your home work. Remember the higher the return the higher the risk but of course if you have gain knowledge on the market and have good trading techniques , they will go a long way in lowering the risks of your investment.
Very few people are able to invest without getting caught up in the process. It is very important to keep your emotions at bay. Money will start walking out the door as soon as you let your emotions dictate your investment decisions. To keep your emotions at bay , remind yourself that you are not going to be living in the property and concentrate on what you think your tenant would like. Getting caught up in doing the property up is also a bad way to look at investments. If you over - capitalise , you wont get your money back. Keep the renovations simple.
You make money because the value of property should rise over time , as should the rental returns.
Real Estate Agent In Houston Can Compare Schools
Real Estate Agent In Houston Can Compare Schools
by Chris Crompton
If you want to find the perfect Houston neighborhood for yourself, real estate agents in Houston are there to help. They will help you compare the best home prices, appreciation rates, different types of homes, income, types of neighbors, quality of schools, languages, and so on. The real estate agent in Houston will guide you invest your money in a manner where it appreciates and gives you maximum returns and satisfaction.
Real estate agent in Houston is qualified to match to your personal needs and price range. They can find you your dream house in your chosen location. One can apply immediately and in 1 business hour or less one of the dedicated real estate counselors will personally match you with a top-quality Real estate agent in Houston who is an expert on your chosen area of Houston.
If you are looking to build or purchase a brand new home, consult with a real estate professional in Houston. They are excellent at analyzing your budget and locating property that suits your needs. Harris County is recognized throughout the globe. The population of the Houston metro area dwarfs that of any number of states. Economically, the city is known for oil, space and transportation. Indeed, the area is perhaps the single largest urban area originally based on oil and its byproducts.
A great deal of Houston's achievement as a petrochemical complex owed to its man-made shipping channel. It is known as the Port of Houston. The Port of Houston is one of the busiest ports in the United States. Houston is highly recognized for the Texas Medical Center, the world's largest concentration of research and healthcare institutions. This makes it easy for real estate listings. Houston also has a good deal to offer, counting the lowest cost of living and the least-expensive housing among 27 major U.S. urban areas with populations of more than 1.75 million.
There are four main bayous which flow throughout the city of Houston. Buffalo Bayou flows into the downtown section. Brays Bayou flows alongside the renowned Texas Medical Center. White Oak Bayou flows through the neighborhood known as The Heights and also near the northwest region. Sims Bayou flows through Houston's southern sector and into the downtown section where it enters the shipping channel. They all constitute important factors which improve the value of Houston real estate.
Houston real estate agents have statistics available that will show you the highest-rated public school districts in Houston. They can also give you comparisons of Houston schools as opposed to school districts throughout the state and across the country so that you can decide on what district you'd prefer to have your children attend.
by Chris Crompton
If you want to find the perfect Houston neighborhood for yourself, real estate agents in Houston are there to help. They will help you compare the best home prices, appreciation rates, different types of homes, income, types of neighbors, quality of schools, languages, and so on. The real estate agent in Houston will guide you invest your money in a manner where it appreciates and gives you maximum returns and satisfaction.
Real estate agent in Houston is qualified to match to your personal needs and price range. They can find you your dream house in your chosen location. One can apply immediately and in 1 business hour or less one of the dedicated real estate counselors will personally match you with a top-quality Real estate agent in Houston who is an expert on your chosen area of Houston.
If you are looking to build or purchase a brand new home, consult with a real estate professional in Houston. They are excellent at analyzing your budget and locating property that suits your needs. Harris County is recognized throughout the globe. The population of the Houston metro area dwarfs that of any number of states. Economically, the city is known for oil, space and transportation. Indeed, the area is perhaps the single largest urban area originally based on oil and its byproducts.
A great deal of Houston's achievement as a petrochemical complex owed to its man-made shipping channel. It is known as the Port of Houston. The Port of Houston is one of the busiest ports in the United States. Houston is highly recognized for the Texas Medical Center, the world's largest concentration of research and healthcare institutions. This makes it easy for real estate listings. Houston also has a good deal to offer, counting the lowest cost of living and the least-expensive housing among 27 major U.S. urban areas with populations of more than 1.75 million.
There are four main bayous which flow throughout the city of Houston. Buffalo Bayou flows into the downtown section. Brays Bayou flows alongside the renowned Texas Medical Center. White Oak Bayou flows through the neighborhood known as The Heights and also near the northwest region. Sims Bayou flows through Houston's southern sector and into the downtown section where it enters the shipping channel. They all constitute important factors which improve the value of Houston real estate.
Houston real estate agents have statistics available that will show you the highest-rated public school districts in Houston. They can also give you comparisons of Houston schools as opposed to school districts throughout the state and across the country so that you can decide on what district you'd prefer to have your children attend.
Real Estate Agent In Chicago Will Help You Find The Best Area For Your Family
Real Estate Agent In Chicago Will Help You Find The Best Area For Your Family
by Mark Shellby
Relocating to a new city or to a new residence can be an exciting and stressful time. Luckily, there are professionals who are willing and able to help you through the sometimes difficult process of finding a new place to live. If you are looking for a place to live in the Chicago area, you'll find it simple and enjoyable to work with a real estate agent in Chicago.
A real estate agent in Chicago is especially necessary if you are buying a home. He can browse all current listings and find just the right property for you. He will act as your liason with property owners and guide you through the entire process.
A real estate agent can be your irreplaceable tool when it comes to buying a house. However, the lesser known fact is that they are also very helpful when it comes to selling your house. If you have ever been through the irksome process of selling your house, then you surely know how bothersome and lengthy the process is. A trustworthy agent can help you promote and publicize your house as well as help you find a new one.
Even renters will find benefit in working with a realtor when searching for an apartment or house to rent. Searching through real estate listings can be a time consuming task. A real estate agent can help you sort through existing Chicago real estate listings to assist you in finding the perfect property. A real estate agent can efficiently locate properties with the correct number of bathrooms, bedrooms and square footage that fit within your budget.
Any real estate agent in Chicago will have information on available housing in any of the suburb areas and will assist you in finding a place to live that you are comfortable with. A real estate agent will find you the best property that is within your price range in whatever metro section you can afford.
Chicago is an exciting, fast-paced place to live. The real estate market in Chicago is comparable to most other American cities, and a knowledgeable real estate agent will be able to capitalize on current market conditions. Once you find an experienced real estate agent in Chicago who you are comfortable with, you'll soon be able to move into your new home.
by Mark Shellby
Relocating to a new city or to a new residence can be an exciting and stressful time. Luckily, there are professionals who are willing and able to help you through the sometimes difficult process of finding a new place to live. If you are looking for a place to live in the Chicago area, you'll find it simple and enjoyable to work with a real estate agent in Chicago.
A real estate agent in Chicago is especially necessary if you are buying a home. He can browse all current listings and find just the right property for you. He will act as your liason with property owners and guide you through the entire process.
A real estate agent can be your irreplaceable tool when it comes to buying a house. However, the lesser known fact is that they are also very helpful when it comes to selling your house. If you have ever been through the irksome process of selling your house, then you surely know how bothersome and lengthy the process is. A trustworthy agent can help you promote and publicize your house as well as help you find a new one.
Even renters will find benefit in working with a realtor when searching for an apartment or house to rent. Searching through real estate listings can be a time consuming task. A real estate agent can help you sort through existing Chicago real estate listings to assist you in finding the perfect property. A real estate agent can efficiently locate properties with the correct number of bathrooms, bedrooms and square footage that fit within your budget.
Any real estate agent in Chicago will have information on available housing in any of the suburb areas and will assist you in finding a place to live that you are comfortable with. A real estate agent will find you the best property that is within your price range in whatever metro section you can afford.
Chicago is an exciting, fast-paced place to live. The real estate market in Chicago is comparable to most other American cities, and a knowledgeable real estate agent will be able to capitalize on current market conditions. Once you find an experienced real estate agent in Chicago who you are comfortable with, you'll soon be able to move into your new home.
Thursday, March 19, 2009
How Condominiums Are Faring In The Miami Real Estate Market
How Condominiums Are Faring In The Miami Real Estate Market
by Vanessa Doctor
The city of Miami is often seen as one of the most culturally and economically vibrant cities of the United States.
The city is a host to many multinational businesses, excellent educational institutions, centers of art, culture and tourism, as well as in having a healthy array of housing and real estate options for families and investors. Buying real estate in this city however, is always a complex task with several important factors to consider. Potential buyers of condominium units in this area come from nearly all areas of the US, and even from overseas, which adds to making the process a quite protracted one.
Condos in Miami are often purchased as vacation homes or places to retire in, and most buyers still do not have a complete insight of the city's property market conditions, and may need to consult with a local realtor for assistance with aspects such as resale values, finding the best areas to buy one, local property taxes, depreciation and other concerns.
Location Matters In Choosing Where To Buy A Condo
Coming over to Miami and spending some time touring the area, and talking to locals and other professionals, helps give investors an important insight when it comes to purchasing the appropriate condo unit in the city's many suburbs. For long-term investors, and those who have been in the area for a longer period, most put a heavy premium on location.
The city's beachfront condominiums are the most popular, and probably the most expensive ones to acquire. If one wishes to save money and buy a less-costlier unit, the wiser choice would be to buy a condo unit that is located a few blocks away from the beach. In this sunny Florida city, the ocean view is astounding, and offers buyers of beachfront condos a hefty visual experience, as well as a large premium when it comes to resale values.
The South Beach district is one of the most sought-after areas here, not only because of its proximity to the ocean, but also because the area is famous for its wonderful nightlife, Art Deco buildings, fashionable restaurants, cafes and art galleries.
New Areas For Condo Development in Miami
Today, property developers are starting to set their sights towards the city's working class neighborhoods. Formerly blue-collar neighborhoods such as Overtown, Little Haiti and Liberty City are already abuzz with construction of new units. These neighborhoods have also become the popular alternative for those who wish to own a condo unit, but could not afford to pay for expensive, upscale beachfront properties.
The biggest real estate news for Florida and the city this year is the condition of the condominium sector, specially in the upscale, high-end markets. Condos have seen a 33.3 percent rise in the last decade, and these now account for around 12.8 percent of the housing market. A lot of this can be credited to the concentration of condo units in upscale and pricey coastal areas like Miami Beach.
However, sellers of condo units here do not exclusively target the wealthy, as both ends of the consumer market are now delving into purchasing condos. While the affordability of local condo unit serves as a motivating factor, more dual-income professionals, empty nesters and retirees are now opting to buy a condo as a lifestyle statement.
by Vanessa Doctor
The city of Miami is often seen as one of the most culturally and economically vibrant cities of the United States.
The city is a host to many multinational businesses, excellent educational institutions, centers of art, culture and tourism, as well as in having a healthy array of housing and real estate options for families and investors. Buying real estate in this city however, is always a complex task with several important factors to consider. Potential buyers of condominium units in this area come from nearly all areas of the US, and even from overseas, which adds to making the process a quite protracted one.
Condos in Miami are often purchased as vacation homes or places to retire in, and most buyers still do not have a complete insight of the city's property market conditions, and may need to consult with a local realtor for assistance with aspects such as resale values, finding the best areas to buy one, local property taxes, depreciation and other concerns.
Location Matters In Choosing Where To Buy A Condo
Coming over to Miami and spending some time touring the area, and talking to locals and other professionals, helps give investors an important insight when it comes to purchasing the appropriate condo unit in the city's many suburbs. For long-term investors, and those who have been in the area for a longer period, most put a heavy premium on location.
The city's beachfront condominiums are the most popular, and probably the most expensive ones to acquire. If one wishes to save money and buy a less-costlier unit, the wiser choice would be to buy a condo unit that is located a few blocks away from the beach. In this sunny Florida city, the ocean view is astounding, and offers buyers of beachfront condos a hefty visual experience, as well as a large premium when it comes to resale values.
The South Beach district is one of the most sought-after areas here, not only because of its proximity to the ocean, but also because the area is famous for its wonderful nightlife, Art Deco buildings, fashionable restaurants, cafes and art galleries.
New Areas For Condo Development in Miami
Today, property developers are starting to set their sights towards the city's working class neighborhoods. Formerly blue-collar neighborhoods such as Overtown, Little Haiti and Liberty City are already abuzz with construction of new units. These neighborhoods have also become the popular alternative for those who wish to own a condo unit, but could not afford to pay for expensive, upscale beachfront properties.
The biggest real estate news for Florida and the city this year is the condition of the condominium sector, specially in the upscale, high-end markets. Condos have seen a 33.3 percent rise in the last decade, and these now account for around 12.8 percent of the housing market. A lot of this can be credited to the concentration of condo units in upscale and pricey coastal areas like Miami Beach.
However, sellers of condo units here do not exclusively target the wealthy, as both ends of the consumer market are now delving into purchasing condos. While the affordability of local condo unit serves as a motivating factor, more dual-income professionals, empty nesters and retirees are now opting to buy a condo as a lifestyle statement.
Easy Steps to Gain Success in Miami Real Estate Investing
Easy Steps to Gain Success in Miami Real Estate Investing
by Eliza Maledevic
If you want to be a successful Miami real estate investor, you have to know that there are steps that you should learn and apply in order reach those certain goals of yours. You know for a fact that Miami real estate investing is not that simple; you have to learn and apply those that you have learned.
Definitely, being a real estate investor is a tough one, since it requires lots of your time and effort to become successful. Real estate investing requires lots of work such as finding plenty of motivated sellers. You have to go on your way searching for lots of lots of houses. And in searching for houses, you certainly need to make many offers.
In this venture, you need to give a lot of your effort. You need to work with whole honesty. If you want to gain trust and you want people to deal with you, then you have to be an honest person. A dishonest person will end up being out of this venture, since no one will even think of working with him.
This is really a quite tough job since you need to go to the market, look for lots of houses, make plenty of offers and sell the property again.
Being a real estate investor, you do not just think about how much money you will gain. You have to learn how to listen. You have to pay attention to what sellers are saying. The deal won't work out if you only think about yourself. You have to understand every detail. Ask a lot of questions to make sure you and the other parties are on the right track. You can't win a great deal if you do not understand each other. In some chances, a deal can fall if you misunderstood each other. Your time and money will just be put into waste.
Never deceive anyone just to gain a deal. You have a reputation to take care, so you need to be honest and never let your conscience haunt you. Do not ruin your reputation for just few dollars. Your reputation doesn't worth just a few dollars. So do not deceive any one, play nice and clean...
You also have to be open on possibilities that deal doesn't work out. If the deal doesn't work by either party, then it is not a good deal. There will come a point that you just have to accept it and just walk away if it didn't turned out right. Think and look at all the possible outcome, never overlook any point or possibilities. There're some who just think about the few dollars that they will gain with this and soon overlook something and then turned out losing the money.
Yes, in doing Miami real estate investing, you can earn a lot but do not excite yourself too much with the earnings, it is better to stick with the numbers and work on it carefully.
You have fears but you need to face that fear in order to gain success with your Miami real estate investing. If you fear to make an offer because of rejection, then make a lot of offers until you are use with it. It is okay to be rejected, what matter is you move on and look for another...
by Eliza Maledevic
If you want to be a successful Miami real estate investor, you have to know that there are steps that you should learn and apply in order reach those certain goals of yours. You know for a fact that Miami real estate investing is not that simple; you have to learn and apply those that you have learned.
Definitely, being a real estate investor is a tough one, since it requires lots of your time and effort to become successful. Real estate investing requires lots of work such as finding plenty of motivated sellers. You have to go on your way searching for lots of lots of houses. And in searching for houses, you certainly need to make many offers.
In this venture, you need to give a lot of your effort. You need to work with whole honesty. If you want to gain trust and you want people to deal with you, then you have to be an honest person. A dishonest person will end up being out of this venture, since no one will even think of working with him.
This is really a quite tough job since you need to go to the market, look for lots of houses, make plenty of offers and sell the property again.
Being a real estate investor, you do not just think about how much money you will gain. You have to learn how to listen. You have to pay attention to what sellers are saying. The deal won't work out if you only think about yourself. You have to understand every detail. Ask a lot of questions to make sure you and the other parties are on the right track. You can't win a great deal if you do not understand each other. In some chances, a deal can fall if you misunderstood each other. Your time and money will just be put into waste.
Never deceive anyone just to gain a deal. You have a reputation to take care, so you need to be honest and never let your conscience haunt you. Do not ruin your reputation for just few dollars. Your reputation doesn't worth just a few dollars. So do not deceive any one, play nice and clean...
You also have to be open on possibilities that deal doesn't work out. If the deal doesn't work by either party, then it is not a good deal. There will come a point that you just have to accept it and just walk away if it didn't turned out right. Think and look at all the possible outcome, never overlook any point or possibilities. There're some who just think about the few dollars that they will gain with this and soon overlook something and then turned out losing the money.
Yes, in doing Miami real estate investing, you can earn a lot but do not excite yourself too much with the earnings, it is better to stick with the numbers and work on it carefully.
You have fears but you need to face that fear in order to gain success with your Miami real estate investing. If you fear to make an offer because of rejection, then make a lot of offers until you are use with it. It is okay to be rejected, what matter is you move on and look for another...
La Jolla California Real Estate - Surf, Safety, and Refinement.
La Jolla California Real Estate - Surf, Safety, and Refinement.
by Jacob Holgate
Are you thinking of relocating? Finding a better place for that new family? Looking for that prime piece of real estate that will make you and your family feel the sense of accomplishment you deserve? Wanting an atmosphere that’s both stunning and sophisticated? Well there is such a place, located 12 miles north of downtown San Diego. La Jolla California is a seaside paradise where its small community strives to make it the safest, and most pleasurable place to live in all California. La Jolla attracts tourists from all over the world, whether it be for vacationers or the couple that just needs to get away and do some shopping in La Jollas rich shops, boutiques, restaurants, coffee houses, salons, and art galleries.
Even though La Jolla is mostly known for its astonishing shoreline, the city's commercial district is hardly humble to say the least. Found to the east in La Jolla, there are professional centers, financial buildings, law firms, and technological industries that dominate this district. The famous Scripps Memorial Hospital & Medical Research Center is also found here. No wonder this cities real estate is some of the most sought after in the entire world.
With a population of forty four thousand, La Jolla is not so small as to call it just a tourist hub, La Jolla is filled with rich history and tradition. Wondering who owns the majority of La Jolla yet? I was surprised to find out that 53% of La Jollas population was made up of females between the ages of twenty and twenty nine.
by Jacob Holgate
Are you thinking of relocating? Finding a better place for that new family? Looking for that prime piece of real estate that will make you and your family feel the sense of accomplishment you deserve? Wanting an atmosphere that’s both stunning and sophisticated? Well there is such a place, located 12 miles north of downtown San Diego. La Jolla California is a seaside paradise where its small community strives to make it the safest, and most pleasurable place to live in all California. La Jolla attracts tourists from all over the world, whether it be for vacationers or the couple that just needs to get away and do some shopping in La Jollas rich shops, boutiques, restaurants, coffee houses, salons, and art galleries.
Even though La Jolla is mostly known for its astonishing shoreline, the city's commercial district is hardly humble to say the least. Found to the east in La Jolla, there are professional centers, financial buildings, law firms, and technological industries that dominate this district. The famous Scripps Memorial Hospital & Medical Research Center is also found here. No wonder this cities real estate is some of the most sought after in the entire world.
With a population of forty four thousand, La Jolla is not so small as to call it just a tourist hub, La Jolla is filled with rich history and tradition. Wondering who owns the majority of La Jolla yet? I was surprised to find out that 53% of La Jollas population was made up of females between the ages of twenty and twenty nine.
International Real Estate - Be Careful
International Real Estate - Be Careful
by Steve Gillman
Looking beyond our borders at the international real estate market might make sense for a second home or an investment. My wife and I recently bought a small lot a hundred yards from the Pacific Ocean in Ecuador, with the idea of having a second home there. The price, $3,000, shows why people look to other countries for real estate. Where in the United States can you buy a lot near the ocean for even ten times that much?
On the other hand, there are some risks in investing in property abroad. There are some things to think about that you don't normally have to consider when buying real estate in the U.S. And unfortunately, there are even some hard lessons to be learned from our own experience.
International Real Estate - Some Considerations
At the time we bought the property, in early 2007, Ecuador had been experiencing an economic boom for years. This was partly because the country adopted the U.S. dollar as it's official currency in 2001. Inflation was no longer an issue, and businesses were starting everywhere. New subdivisions - like those in the 1950 here - are still popping up around most of the major cities. Easier financing has even put more cars than ever into all those new driveways.
Political leaders have seemed to come and go too fast over the years, but even when the process was chaotic it was mostly peaceful. Ecuador was a stable democracy that seemed to be heading in the right direction. Most of the changes that had happened since my wife grew up and went to university there were good changes. Then came Correa, the current president.
Apparently the system wasn't as stable as we thought. Earlier this year, he prevented many opposition members of congress from entering the parliament. Then there were elections to create assembly for the rewriting of the constitution. The assembly (now elected) could dissolve the congress or even hand over dictatorial powers to Correa. The public, unfortunately, has mostly been on Correa's side.
Unfortunately, I say, because Correa seems to be doing many bad things. He openly admires Hugo Chavez, the socialist leader of Venezuela, and Fidel Castro. He talks about a "new socialism." Already he has told international oil companies which operate in Ecuador that they will not be getting all of the profits promised for their investments.
As you can imagine, many wealthy Ecuadorians and foreign companies are already taking their money out of the country. There are rumors that Correa plans to steal the real estate owned by foreigners (I won't use the euphemisms - theft is theft). It is rumored that he may even steal and "redistribute" the second homes of Ecuadorian Citizens - especially those along the coast. This could include our property.
The obvious lesson? When buying international real estate, you need to more than research property prices. You need to take a close look at the political climate of the country. The law may be clear and allow for foreign ownership, but laws can be changed. Some other tips:
1. Hire an attorney to be sure everything is done correctly. Have a list of questions for him or her, so you know exactly what you are getting into.
2. Investigate what it takes to sell the property. You may not want to keep it forever. This is a legal and market matter. Are there any legal or tax issues you need to know about? How long does it normally take to sell a house?
3. Know before you buy what the other costs will be. How much are taxes? How much will you have to pay for basic services like water and electricity.
International real estate may be a great investment, depending on where you buy, how you buy, and what the market is doing. Looking overseas can also be a way to afford a second home in a beautiful place. But take some basic precautions and learn from our lesson.
by Steve Gillman
Looking beyond our borders at the international real estate market might make sense for a second home or an investment. My wife and I recently bought a small lot a hundred yards from the Pacific Ocean in Ecuador, with the idea of having a second home there. The price, $3,000, shows why people look to other countries for real estate. Where in the United States can you buy a lot near the ocean for even ten times that much?
On the other hand, there are some risks in investing in property abroad. There are some things to think about that you don't normally have to consider when buying real estate in the U.S. And unfortunately, there are even some hard lessons to be learned from our own experience.
International Real Estate - Some Considerations
At the time we bought the property, in early 2007, Ecuador had been experiencing an economic boom for years. This was partly because the country adopted the U.S. dollar as it's official currency in 2001. Inflation was no longer an issue, and businesses were starting everywhere. New subdivisions - like those in the 1950 here - are still popping up around most of the major cities. Easier financing has even put more cars than ever into all those new driveways.
Political leaders have seemed to come and go too fast over the years, but even when the process was chaotic it was mostly peaceful. Ecuador was a stable democracy that seemed to be heading in the right direction. Most of the changes that had happened since my wife grew up and went to university there were good changes. Then came Correa, the current president.
Apparently the system wasn't as stable as we thought. Earlier this year, he prevented many opposition members of congress from entering the parliament. Then there were elections to create assembly for the rewriting of the constitution. The assembly (now elected) could dissolve the congress or even hand over dictatorial powers to Correa. The public, unfortunately, has mostly been on Correa's side.
Unfortunately, I say, because Correa seems to be doing many bad things. He openly admires Hugo Chavez, the socialist leader of Venezuela, and Fidel Castro. He talks about a "new socialism." Already he has told international oil companies which operate in Ecuador that they will not be getting all of the profits promised for their investments.
As you can imagine, many wealthy Ecuadorians and foreign companies are already taking their money out of the country. There are rumors that Correa plans to steal the real estate owned by foreigners (I won't use the euphemisms - theft is theft). It is rumored that he may even steal and "redistribute" the second homes of Ecuadorian Citizens - especially those along the coast. This could include our property.
The obvious lesson? When buying international real estate, you need to more than research property prices. You need to take a close look at the political climate of the country. The law may be clear and allow for foreign ownership, but laws can be changed. Some other tips:
1. Hire an attorney to be sure everything is done correctly. Have a list of questions for him or her, so you know exactly what you are getting into.
2. Investigate what it takes to sell the property. You may not want to keep it forever. This is a legal and market matter. Are there any legal or tax issues you need to know about? How long does it normally take to sell a house?
3. Know before you buy what the other costs will be. How much are taxes? How much will you have to pay for basic services like water and electricity.
International real estate may be a great investment, depending on where you buy, how you buy, and what the market is doing. Looking overseas can also be a way to afford a second home in a beautiful place. But take some basic precautions and learn from our lesson.
Investing in Real Estate with Government Grants
Investing in Real Estate with Government Grants
by Ken Fong
Not all people interested in real estate know that there are grants for real estate especially from the state and federal government. Billions of dollars are available as grants and there are many ways to put this money in to good use.
Grants from the government are offered to help them outsource and distribute the workload of providing homes to the people. While it is mainly the job of government housing agencies, many real estate businesses and non-profit parties can help make it possible for the government to reach out those who need it.
Loans and Grants for Real Estate Investing
The government provides grants for real estate investing as well as low cost loans. Grants and loans for real estate investing programs such as property acquiring, building homes, purchasing land, rehabilitation and refurbishing properties, are just to name a few. And real estate grants and loans are accessible provided that you meet the requirements set by the government.
The availability of grants for real estate investing from the government is also meant for non-profit organizations. One good example is investing in senior homes. The government has supported projects for the senior citizens and has continually given considerations to most projects that involve them. Non-profit organizations can work with real estate investors in these home building projects and they can utilize the grants for real estate investing programs and such.
Real estate investors can also take advantage of the grants for real estate investing. They may apply for a loan from the government or they can be a partner and offer their services to ongoing real estate investing programs.
Real estate investors who have partnered with the government can benefit from sharing their services and expertise. Since there are billions of dollars in funds for grants, chances are these investors spend almost nothing in these real estate investing programs. Furthermore, if the partnership thrives and shows a promising future, more grants for homes and non-profit real estate programs can benefit from the government funds.
For new real estate investors, getting a grant for real estate investing may pose some challenges. But never fret because the government is there to help everyone. Offer your services and expertise to them and ask for their specific requirements to become a partner. Who knows, you might thrive and succeed as a real estate investor right away when you put your knowledge into good use while servicing your fellow citizens.
by Ken Fong
Not all people interested in real estate know that there are grants for real estate especially from the state and federal government. Billions of dollars are available as grants and there are many ways to put this money in to good use.
Grants from the government are offered to help them outsource and distribute the workload of providing homes to the people. While it is mainly the job of government housing agencies, many real estate businesses and non-profit parties can help make it possible for the government to reach out those who need it.
Loans and Grants for Real Estate Investing
The government provides grants for real estate investing as well as low cost loans. Grants and loans for real estate investing programs such as property acquiring, building homes, purchasing land, rehabilitation and refurbishing properties, are just to name a few. And real estate grants and loans are accessible provided that you meet the requirements set by the government.
The availability of grants for real estate investing from the government is also meant for non-profit organizations. One good example is investing in senior homes. The government has supported projects for the senior citizens and has continually given considerations to most projects that involve them. Non-profit organizations can work with real estate investors in these home building projects and they can utilize the grants for real estate investing programs and such.
Real estate investors can also take advantage of the grants for real estate investing. They may apply for a loan from the government or they can be a partner and offer their services to ongoing real estate investing programs.
Real estate investors who have partnered with the government can benefit from sharing their services and expertise. Since there are billions of dollars in funds for grants, chances are these investors spend almost nothing in these real estate investing programs. Furthermore, if the partnership thrives and shows a promising future, more grants for homes and non-profit real estate programs can benefit from the government funds.
For new real estate investors, getting a grant for real estate investing may pose some challenges. But never fret because the government is there to help everyone. Offer your services and expertise to them and ask for their specific requirements to become a partner. Who knows, you might thrive and succeed as a real estate investor right away when you put your knowledge into good use while servicing your fellow citizens.
Monday, March 16, 2009
Emerging Picture of Real Estate in Pune
Emerging Picture of Real Estate in Pune
by George Gonigal
Although, Pune has been the centre of attraction for the past several years, property markets of the city have especially taken a cue with Indian economy charting high growth rates, on the fronts of its burgeoning services and manufacturing sector.
As per the industry estimates, Pune would need as many as 40,000 residential properties every year to meet its housing requirements. To tackle the same, the Maharashtra government has now given approval to private real estate developers for establishing fully integrated townships in Pune, under the Public Private Participation (PPP) model.
In view of leveraging this opportunity, Pune-based real estate developer City Group has come forward with its ambitious residential township project 'Amanora Park Town', the first one after the government's declaration. Under this flagship project, the government would be supplying land to the property developer, who in turn will build up all the infrastructure comprising residential units and commercial properties. The developer will also be entrusted with the responsibility of erecting the social infrastructure encompassing healthcare centres, educational institutions, and entertainment facilities.
Demand for house on rent in Pune is equally driven by employees and students, who come to pursue their studies at this city complemented by quality educational institutions. "The local economy of Pune is developing quite impressively and thousands of people settle down in the city every year, owing to job opportunities in the city. This really keeps the demand factor for rental homes in Pune in rolling," said Shad Ali, a city-based property dealer.
Commercial properties at the western corridor of Pune are buzzing with real estate activities. Near about all the large IT companies of India including Infosys and Wipro have opened their software development facilities in the area. International IT and ITes giants are also scouting for commercial property in the area quite aggressively.
by George Gonigal
Although, Pune has been the centre of attraction for the past several years, property markets of the city have especially taken a cue with Indian economy charting high growth rates, on the fronts of its burgeoning services and manufacturing sector.
As per the industry estimates, Pune would need as many as 40,000 residential properties every year to meet its housing requirements. To tackle the same, the Maharashtra government has now given approval to private real estate developers for establishing fully integrated townships in Pune, under the Public Private Participation (PPP) model.
In view of leveraging this opportunity, Pune-based real estate developer City Group has come forward with its ambitious residential township project 'Amanora Park Town', the first one after the government's declaration. Under this flagship project, the government would be supplying land to the property developer, who in turn will build up all the infrastructure comprising residential units and commercial properties. The developer will also be entrusted with the responsibility of erecting the social infrastructure encompassing healthcare centres, educational institutions, and entertainment facilities.
Demand for house on rent in Pune is equally driven by employees and students, who come to pursue their studies at this city complemented by quality educational institutions. "The local economy of Pune is developing quite impressively and thousands of people settle down in the city every year, owing to job opportunities in the city. This really keeps the demand factor for rental homes in Pune in rolling," said Shad Ali, a city-based property dealer.
Commercial properties at the western corridor of Pune are buzzing with real estate activities. Near about all the large IT companies of India including Infosys and Wipro have opened their software development facilities in the area. International IT and ITes giants are also scouting for commercial property in the area quite aggressively.
Technology Drives Bangalore Real Estate
Technology Drives Bangalore Real Estate
by George Gonigal
Internet retail sales has had a dramatic impact on retail properties in Bangalore by reinforcing the trend towards entertainment and convenience oriented tenants, and enabling retailers to expand into multichannel distribution systems incorporating Internet sites and "land based" stores. Technology is so pervasive in our society that it is difficult to isolate and evaluate its influence on real estate demand. Technology's influence on demand is generally positive given its fundamental importance to economic growth.
Fortunately, through continuing innovations, adapting tenant mixes, and capital investment, retail property owners can moderate many potential declines in retail demand from consumers. In the long term, rent pressure is expected as and when the communication distribution channel grows, says Zaffar Sait, DGM Business Development, Prestige Group, Bangalore.
However, technology will significantly reduce demand in some areas and increase demand in others, making winners or losers out of certain properties or geographic markets. Investors and other real estate professionals who maintain vigilance concerning technology change will outperform their competitors. Impact on commercial properties
Technology is generating a net positive effect on the office employment growth in turn creating a huge demand for real estate in Bangalore. The demand for "intelligent" building technologies by office tenants is not in its infancy. Regardless of the type or size of tenant, the key issues driving tenant office leasing decisions are cost, proximity to the boss's residence, access to current and potential employees, proximity to customers or clients, and proximity to restaurants and recreation.
Few industrial property owners are interested in "intelligent" building technology. Owners are focused on providing the backbone infrastructure to enable the widest range of tenants to be accommodated in their properties.
Technology has been a key driver of Bangalore's economy historically, and will be so in the future. Accordingly, while many new technologies appear, in isolation, to reduce real estate demand, the net effect of technology on economic growth and real estate demand is fairly positive.
by George Gonigal
Internet retail sales has had a dramatic impact on retail properties in Bangalore by reinforcing the trend towards entertainment and convenience oriented tenants, and enabling retailers to expand into multichannel distribution systems incorporating Internet sites and "land based" stores. Technology is so pervasive in our society that it is difficult to isolate and evaluate its influence on real estate demand. Technology's influence on demand is generally positive given its fundamental importance to economic growth.
Fortunately, through continuing innovations, adapting tenant mixes, and capital investment, retail property owners can moderate many potential declines in retail demand from consumers. In the long term, rent pressure is expected as and when the communication distribution channel grows, says Zaffar Sait, DGM Business Development, Prestige Group, Bangalore.
However, technology will significantly reduce demand in some areas and increase demand in others, making winners or losers out of certain properties or geographic markets. Investors and other real estate professionals who maintain vigilance concerning technology change will outperform their competitors. Impact on commercial properties
Technology is generating a net positive effect on the office employment growth in turn creating a huge demand for real estate in Bangalore. The demand for "intelligent" building technologies by office tenants is not in its infancy. Regardless of the type or size of tenant, the key issues driving tenant office leasing decisions are cost, proximity to the boss's residence, access to current and potential employees, proximity to customers or clients, and proximity to restaurants and recreation.
Few industrial property owners are interested in "intelligent" building technology. Owners are focused on providing the backbone infrastructure to enable the widest range of tenants to be accommodated in their properties.
Technology has been a key driver of Bangalore's economy historically, and will be so in the future. Accordingly, while many new technologies appear, in isolation, to reduce real estate demand, the net effect of technology on economic growth and real estate demand is fairly positive.
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