Saturday, August 30, 2008

The First Thing You Should Consider When Investing In Real Estate Is Can You Afford It

Category: Finance, Real Estate.

There are many advantages and disadvantages of investing in real estate one of the advantage of investing in real estate is, real estate is an investment that can give you income for the rest of your life. One disadvantage of investing in real estate is the cost it takes to maintain or fix up a property.



If you buy properties and rent the properties out it can give you life long income. Many times when you think you re done with a property something can break or needs to be replaced. Below are some points that you should consider before you begin to invest in real estate that could decide if you succeed or fail. Another critical disadvantage is certainly the risk of losing your hard- earned money due to bad information and wrong investment. The first thing you should consider when investing in real estate is can you afford it? To invest in real estate is a big commitment and you are going to have to know if you are going to be able to afford it before you begin.


Real estate investing is an expensive thing to begin to do and you need to take a look at your budget. If you are buying the estate solely for the purpose of reselling it in the future it is very important that you do a lot of research on the estate. This is important because you do not want to go out and buy an estate on land that is not in demand. You need to find out how much of an appreciation the land goes through and also calculate which areas are going to bring you the best profit. The next most important point to consider before investing in real estate is to choose a good real estate software or tool. Whether you are interested in acquiring and managing rental property, investing in a real estate ventures or buying property to flip your online search should be narrowed down to the specifics to eliminate software you are not interested in pursuing. - Has a website that is easy to navigate and have the answers you need to your solution.


A good real estate investment software: - One that meets your criteria for what you want to do. If the real estate software vendor provides testimonials from previous users and customers take advantage by contacting them if possible to find out first hand what there evaluation of the software mat be. - Provide you the unique competitive advantage over the others. Like the ability to geographically and statistically pinpoint the exact property that will create a high appreciation investment opportunity accurately.

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The Main Purpose For Using Land Trusts Is Privacy Of Ownership - Vanessa Pecina about Finance and Real Estate:

Trusts have been used for hundreds of years for tax savings and estate planning, but few people realize the enormous potential for using trusts for privacy. A trust is a private contractual arrangement between several parties for holding, managing and investing assets.

You Should Tell Important Features About Your Property - Finance and Real Estate:

FSBO is an abbreviated form of for sale by owner.

Friday, August 29, 2008

Yes, Life As A Property Developer Seems Romantic, And Probably Better Than The Daily Slog You Currently Face At Work

Category: Finance, Real Estate.

If you re like most people, you ll have had the dream at one of two key times.



Or you ve been watching one of the very popular TV property shows, where a couple of amateurs have blown their budget, made a series of basic mistakes, yet still made a small fortune. Either you have just sold your own property and made a small fortune, despite the fact you did very little work on the property when you owned it. Yes, life as a property developer seems romantic, and probably better than the daily slog you currently face at work. Where else would you be asked to invest tens of thousands of pounds into a project, dedicate months of hard work and only then find out if you had made a profit. Yet there can be few occupations as risky as being a property developer. Even running your own business isn t that risky, as you can measure your profitability along the way.


The money you made on the sale of your last house may have come from the growth of the housing market while you owned it. The reality is that it s quite hard to make it as a full- time property developer. That s not something you can rely on as your main source of income. So before you jack in your job and start scouring local estate agents windows for suitable houses to do up, here are a few things to think about. And as a property developer you are reliant on being able to turn enough of a profit from a property to cover your living expenses for a few months, plus help to fund your next purchase. First off- are you really suited to this? That s why we like going to work and getting a regular salary.


Many of us are risk averse. It makes it easier to live your life knowing you have that monthly income. And the financial risks are higher. Being a property developer means the end of regular income( unless you decide to rent your properties out, anyway) . If you can t sell a property you ve just finished, that s not only going to stop you feeding your family, but will make it hard for you to move onto the next project. Still sure you want to go ahead? This is not an insurmountable problem, but an issue you should consider before making the leap.


Then the next thing is to look at the marketplace you are going to develop for. Are there a lot of commuters wanting a well connected area or a virtually new property? Look around your local area and try to work out where the greatest demand for property lies. Wealthy executives demanding four bedroomed detached houses? Retired people who want low maintenance bungalows within walking distance of shops? Families wanting lots of space for very little money?


Find the demand and develop for it. If you want to create the perfect home, then do it in your own. Try not to get hung up on the developer s dream. Keep your developing as a business. You should be prepared to do as many unskilled labouring jobs in your projects as you can. Once you ve done your targeting, it s time to do some hard work.


In fact, to be a successful property developer you should be prepared to learn how to do the things you currently can t. Just remember to get qualified people in for the skilled work. It s a key attribute that will help you maximise your profits. And the final part is to do whatever it takes to get a quick sale at the right price. Still like the sound of being a property developer? It s the goal you ve been working towards all along. Then good luck, and enjoy your new life!


For further information please visit our website at http: //www. propertytoday. co. uk or ring us on 01733 42717

Tuesday, August 26, 2008

It Is Common Knowledge Now That Costa Del Sol Property And Other Properties In Spain Are The Best Investment Options Today

Category: Finance, Real Estate.

It is common knowledge now that Costa del Sol property and other properties in Spain are the best investment options today.



The majority of the people who wish to buy property here are the ones who are due to retire in the next 30 years, and look upon Costa del Sol and other Spanish islands as a place where they can build a retirement home, where they can spend their retired life in peace and comfort. People from all over the world are flocking to this picturesque country, not only as tourists, but also as potential buyers and investors of Spanish property. The Costa del Sol property market began picking up a few years ago, and even today it is not showing any signs of slowing down. The reason behind the immense popularity of Costa del Sol is not only its scenic beauty, but also its extremely strategic and desirable location. In fact, the demand continues to show an upward trend. It receives tourists all the year round and has a pleasant temperature the whole year.


Apart from this, lots have people have invested and developed this coastal region, golf courses, like infrastructure, Spanish villas and other amenities over a period of years, making Costa del Sol property well equipped to provide all comforts and meet with all demands of the tourists as well as the residents. The other main advantage about its location is that it is easily accessible from almost all the major airports in Europe. All these factors are important for people who wish to lead a peaceful and hassle free life after their retirement. Even for other investors who buy property for commercial purposes, investing in Costa del Sol property is commercially very viable because Costa del Sol and other Spanish areas will always attract tourists from all over the world.

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Buying A House Is A Basic Human Desire - Finance and Real Estate Articles:

Buying a house is a basic human desire.

Get A Home Inspection - Lynnette Roff's Finance and Real Estate blog:

No one wants to contract a case of buyer s remorse. You know, it s that nagging feeling you get after you make any major purchase that you ve either paid too much or received too little for your investment.

Buy A Newly Constructed Or Pre- Construction Home - Margery Monti about Finance and Real Estate:

At this time, the Florida housing market has definitely turned in favor of the buyer. But are these buyers reading the fine print?

Monday, August 25, 2008

Company Hijack Is A Great Threat

Category: Finance, Real Estate.

Company formation in UK is easy but to keep it protected from potential threat is rather difficult.



These tips are meant to guard your business and its reputation against any threat that can defame it. The purpose of this article is to provide you with tips that can help your company trade safely. You may find the tips rather simple. Company hijack is a great threat. But they will prove to be highly effective, if followed properly. When you submit the documents to Companies House, they do not verify the bona fide of a form to change the address of a company or to appoint new directors. You can prevent this from affecting your company by implementing a lock down feature.


This fact makes it possible for fraudsters to hijack companies. This feature is meant to prevent any changes to your company record. If the owner/ owners of that company are not honest, they may take advantage of good reputation and credit standing of your company and order goods and services by using the name of your company. You have threat from people who have registered a company name that is confusingly similar to your company. If you find that there is any problem with the name of your company, you can object to the registration of the company name. Trademark is another feature of your company which can cause trouble to your business.


If you do it on time then there is very good chance of preventing any harm to the reputation of your company. In this regard, you can take help from any agency that provides service on trademark protection. If you are in Company Formation Uk then keep all these possible threat in mind. It will notify you if anybody tries to register a trademark that may affect your company name. Remember, one stitch in time will save nine.

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A Few Free Zones Which Have Skyrocketed Property Investments In Dubai Are: Media And Internet City, Jebel Ali Free Zone, Gold And Diamond Park, Etc - Dionne Isabel's Finance and Real Estate blog:

There are many theories about the origin of the word Dubai, some say this term was given to the region because it was considered a smaller version of a thriving market which name was" Daba" , other theories suggest that this particular word means money. Dubai real estate market has blossomed in the past fifteen years due to implementations of one- of- a- kind projects such as" The Palm" , "The World" islands and" The Walk" , this fantastic place has earned the interest of the world s wealthiest people, mid- size and small investors.

You Ll Find A Home That You Love In Yuma - Finance and Real Estate Articles:

Look through the real estate listing service for Yuma and you ll find some incredible homes for sale. Whether you are purchasing your first home or buying a home for retirement, there s nothing quite as exciting as looking for your new home.

Deciding On These Factors Will Help With Buying A Home - Vilma Mccaughey about Finance and Real Estate:

Preplanning is a Must.

Sunday, August 24, 2008

Real Estate Marketing Method# 1

Category: Finance, Real Estate.

When most investors talk about real estate marketing their main objective is to generate more sellers calling them or as a method to find more buyers for a property they are selling. The biggest mistake real estate investors make is becoming one dimensional in their lead generation.



Since most investors struggle in finding properties to buy wholesale we ll focus on real estate marketing to find motivated sellers. And" one" is the loneliest number especially in real estate marketing because if something goes wrong and what you re doing stops working you are screwed. An important part of successful marketing is standing out and being remembered. Another to phrase it" Would you rather have one way to find motivated sellers or ten ways to find motivated sellers? " The goal with your real estate marketing is to have multiple ways to generate leads so there is always a surplus of potential deals and sellers. Have you ever noticed the wild headlines in the National Enquirer? Do you know who Howard Stern and Rush Limbaugh are?


It is no accident that this is the number one selling periodical in print. Howard and Rush understand marketing and this is why they make the big bigs. You want to be be loved AND hated because that is what great real estate marketing does. In your real estate marketing I want you to remember the following: "Love me, but never tolerate, hate me me! " If your real estate marketing is so bland and boring that you are tolerated don t waste your time or money. Ok, let s go over several real estate marketing methods that you should be using. Business Cards.


Real Estate Marketing Method# 1. You ve got to let people know what you do and when you are networking it is natural to exchange cards. Real Estate Marketing Method# 2. Use both sides and make sure you re card stands out and will be remembered. Car Signage. As much as I d like to tell you that it was great real estate marketing and generated a plethora of deals I simply can t. I ve had magnets and my entire car done up with vinyl lettering.


But what it did do for me was increase my credibility and nobody wonders if you have the money when your car is plastered with" I Buy Houses. Yellow Pages. CA$ H! " Real Estate Marketing Method# 3. There was a time when the yellow pages were a consistent and steady source of my lead generation. Still, in some rural areas it may be worthwhile bit in most metro s I would be cautious about committing to many dollars to this form of marketing. But with the arrival of the internet a phone book is almost obsolete.


Real Estate Marketing Method# 4. One of my favorite forms of real estate marketing. Letters& Postcards. Even with rising postage and terrible delivery from the post office a well written letter or post card can be a very lucrative form of marketing. Real Estate Marketing Method# 5. In fact a well written mailing piece is something you can literally live on for years.


Yard signs. Be aware that they are not cheap, have a short lifespan, and can be illegal to place in many areas. These days everybody has seen the" I Buy Houses" yard signs and they are a great tool to use because they work. Because they are effective many real estate investors have signs placed out on Friday and collected early Monday morning to avoid the city sign Nazi s. Some people leave cards on vacant houses so when an irate owner of a vacant house calls just let them know you left your card at their house, it was 18" X 24" and said I buy houses. Another effective way to use yard signs is to place them on properties you own, or vacant houses, are buying you want to buy.


They ll laugh and now you have a seller to talk with plus the sign is working the neighborhood for you! Web Sites. Remember what I said" Love me, but never tolerate, hate me me! " Real Estate Marketing Method# 6. In this day and age they are a requirement and I recommend one for buying houses and one for selling houses. Many sellers want to check you out before calling and a website can be your silent 24/ 7 workhorse. When you have your own websites there is no limit to the number of words and pictures you can use. Real Estate Marketing Method# 7.


Can be very effective and inexpensive/ cheap depending on the area. Newspapers. In large metros it may not be cost effective to a daily ad in the paper but in other areas being in the paper is a great form of real estate marketing. Most calls come on Friday- Sunday editions but you may be the only ad running on the weekdays. Ideally you want to be in the paper 7 days a week. Just one deal will pay for itself for several years. Radio.


Real Estate Marketing Method# 8. As you grow and become more aggressive you ll want to consider the radio. The key to success on the radio is bribing customers to call you by offering a free report, or something of, free widget value. I ve ran ads and even had a weekly radio show in Phoenix Arizona. Real Estate Marketing Method# 9. Similar to radio and a possibility for you to consider. Television.


When you start to deal with TV and Radio advertising make sure you can track the response rates and measure the results. The most important thing to remember for your real estate marketing is to be diversified and have several methods working for you all the time. Could be extremely effective or a real estate marketing bomb. And just like fishing the more lines you have in the water the more likely you are to catch a fish and eat dinner. Especially impressive is the amount of detail and how to advice that can be found in the book including samples on real estate marketing. If you are starting in real estate investing read" Real Estate Magic 101- How To Get Rich In Real Estate Even If You Are Dead Broke! " This unique book should be read by every person considering a real estate career, whether it be as Realtor, or developer, investor.

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How Does A Foreclosure Effect Your Credit Report Is A Perplexing Question - Finance and Real Estate:

How does a foreclosure effect your credit report is a perplexing question. What complicates the issue even further is that all the credit information reported is calculated into the individuals credit score as it occurs.

The Demand For Entry Level Homes Hasn T Declined - Finance and Real Estate Articles:

Many potential home owners have become a little gun shy. Phoenix has been one of the hottest markets for real estate, with home prices doubling in twelve months.

Yuma Has Those On The Market As Well - Finance and Real Estate Blog:

Yuma is a fast growing and extremely desirable place to live in southern Arizona. A brand new mall and updated downtown give Yuma a slightly more sophisticated look than that of the old Yuma.

Saturday, August 23, 2008

There Are Good Ways To Find Out This Kind Of Information

Category: Finance, Real Estate.

Relocating is hard work. Things can get even more difficult when you are planning on moving out of state or even outside of the country.



Even if you are just moving to a nearby town, there are still a lot of things that you will have to go through. If you are considering doing this kind of move, there are certain things that you must do in order to have a smooth transition between the two places. In fact, you can get free relocation information in various ways. There are good ways to find out this kind of information. If you are interested in moving and want to learn more, then free relocation information is the way to go. They give members and non members free travel guides. One of the best ways to get free relocation information is from a travel agency like AAA.


Although you will be living in the prospective area and not going on vacation there, you can still learn a whole lot of useful information from the town s travel guide. This is especially helpful if you haven t been able to spend much time in the area before moving there. For example, you will get detailed maps of the town and surrounding areas. This will advance you along the learning curve so that you don t get lost in your own town. If you like kayaking, the guide will, for example usually show any good kayaking places in the area. Another way that the free relocation information travel guides can help is by telling you where all the great sights are.


This will help you out a lot when you get there. Although this may not be a surprising fact, you can sometimes learn a lot more from the internet than any paper based medium. You can also find free relocation information on the internet. For example, the travel guides usually don t list the different schools in the area, since the guides are written for people who will only be staying there for a short time. They say where the different schools are and how they are perceived in the community. There are websites that list this kind of free relocation information, though. If it is a popular school, you ll know it.


Not only will this benefit you before and after the move, but it will also benefit the city that you are moving to if you know more about it. It is very much advised that you spend the little bit of extra time finding valuable information on the town and area that you are moving to.

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Timeshare Properties Are Usually Found In Warm Destinations Like Florida, Where People Like To Vacation A Lot - Earlene Stinger about Finance and Real Estate:

A time share is a name given to a piece of property shared among number of owners.

French Place Is A Great Austin Neighborhood Without - Finance and Real Estate Blog:

Nestled in central Austin between Airport Boulevard and Manor Road lies the quiet yet vibrant neighborhood of French Place. While French Place s houses are generally no more than two to three bedrooms, many houses have interesting add- ons to enhance functionality without resorting to cookie- cutter remodels.

Bulgarian Properties - Tammy Brailsford's Finance and Real Estate blog:

Shhh!

Friday, August 22, 2008

Spanish Property To Rent Are The Best Options For Tourists

Category: Finance, Real Estate.

The picturesque beauty of Spain is unparalleled, and it is exactly this that attracts numerous tourists to the Spanish countryside during the vacation season and even otherwise.



Whether it is very much in love couple, or a complete family with grandparents, uncles and cousins, aunts, Spain proves to be the most desired holiday spot for all kinds of people. It is the perfect place where people can come and have a relaxed and luxurious holiday. Since more and more people are discovering the country, the property market in Spain has been cashing on the influx. People are attracted towards Spain simply because of the abundant natural beauty that it contains. Whether it is about buying Spanish property or providing Spanish property to rent, the prices have been steadily showing an upward trend. The increasing tide of tourists and others who are buying property in the country have led to a boom in the property scenario and has also led to the growth of the overall economy.


The townhouses, villas and apartments are not only have beautiful architecture, but are also located very close to nature. Spanish property to rent are the best options for tourists. People visiting Spain can find Spanish property to rent anywhere in Spain. It provides the feeling of freedom and privacy that is absent in hotels. More and more people are preferring this, because it provides the warmth of a home. It is the ideal place if the complete family has come together for a vacation.


From simple cottages to luxurious villas, the range of places to rent from as well is the rent prices is quite broad. One can find all kinds of Spanish property to rent, from the cheapest to the costliest. It is easy to find a place that fits your, taste requirement and the pocket easily. So, just rent out a place and feel at home in Spain.

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I Love A Texas Drawl - Finance and Real Estate Articles:

I love a Texas drawl. I don t know what it is, but there s something very genteel about its intonation.

Wednesday, August 20, 2008

Sell The Property On A Lease With Option To Buy

Category: Finance, Real Estate.

Flip Strategy# 1: Buy, Fix and Flip.



This process involves buying a property that needs work, then selling on, fixing it up the retail market, to a person, that is who will live in the property. Let s start with the most common form the good, old fix n flip. This method is tried and true, and works very well. The danger in fix and flips is either paying too much or underestimating repairs. You can easily make$ 15- $50k on one deal, depending on your market and how good you are at finding bargains. Be very conservative in your fix- up costs and length of time it may take to resell. Flip Strategy# 2: Buy, Refinance& Lease/ Option.


Also, make sure you include in your analysis the cost of paying a real estate agent to sell the property. Rather than sell the fixed up property for all cash, sell for terms. If you did the math correctly, you should have little or no money in the deal. Once you have completed the rehab, refinance the property at its new appraised value. Sell the property on a lease with option to buy. When your tenant exercises his option to purchase, you reap a larger profit, since you don t have to pay a broker s fee.


The rent payment from your tenant/ buyer should cover your mortgage payment( if not, consider an interest- only or adjustable rate loan that is fixed for 3 years) . If the tenant exercises his option after 12 months, you benefit from a lower capital gains tax rate. Don t like to do fix- up work? Flip Strategy# 3: Buy& Flip As Is. Consider selling the property" as is" as a light fixer upper. This is especially the case with houses in" transitioning" neighborhoods. If the local real estate market is hot, you should be able to sell the property in poor condition just a little below market.


Make sure, that you acquire, of course the property sufficiently cheap enough that you can sell it below market quickly and still profit. Strategy# 1, the fix and flip, which means there, is very popular are a lot of investors looking for rehabs. Flip Strategy# 4: Wholesale. You can buy the property cheap and sell it for just a few thousand dollars more to another investor without doing any work. Flip Strategy# 5: Pre- Construction. You won t make nearly as much as the rehabber, but you will realize your profit quickly.


In very hot real estate markets, prices are appreciating as much as 2% per month. If it takes 12 months for the development to be complete, and the condo price is$ 500, you could make, 000$ 100, 000 or more in one year! If you time things right, you can put a contract on a pre- construction house or condominium, then flip it to someone else when the development is complete. Of course, the opposite is also true- you could end up losing money if the local economy tanks and you end up with a worthless condo that you can t sell for more than you paid. Flip Strategy# 6: Scouting. Use this approach very carefully. The Scout is an information gatherer, so not technically a property flipper.


Many people get started as a Scout for other investors because it does not take any cash or prior knowledge to look for distressed properties. He is the" bird dog" who finds potential deals and sells the information to other investors. The Scout finds a property for sale, gathers the necessary information, and then provides this information to investors for a fee. The Scout can expect to make five hundred to one thousand dollars each time he provides information that leads to a purchase by another investor. The fee will vary depending on the price of the property and the profit potential. Flip Strategy# 7: Illegal Flipping. Illegal property- flipping schemes work as follows: unscrupulous investors buy cheap, run- down properties in mostly low- income neighborhoods.


OK, I am not advocating this approach, because it is illegal. They do shoddy renovations to the properties and sell them to unsophisticated buyers at inflated prices. The end result is a buyer that paid too much for a house and cannot afford the loan. In most cases, appraiser and mortgage, the investor broker conspire by submitting fraudulent loan documents and a bogus appraisal. Since many of these loans are federally insured, the government authorities have investigated this practice and arrested many of the parties involved. The fact is, flipping as I described in the beginning of this article is not illegal.


As a result, the public perceives is flipping to be illegal. Loan fraud in the process of flipping is what is illegal, so don t confuse the two. The other six ways to flip are very legal, very ethical and very profitable!

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Flipping Homes - Therese Gaylord about Finance and Real Estate:

Flipping Homes. What is everyone flipping over?

Check Out Eight Reasons To Love Lago Vista, Texas - Finance and Real Estate Articles:

On the north side of Lake Travis, just northwest of Austin, is Lago Vista. As other areas around Lake Travis become more developed, Lago Vista is looking more and more attractive.

Vancouver Real Estate Agents Can Enlighten You More About This Issue - Finance and Real Estate Blog:

Have you ever thought of buying a property in Vancouver or finding Vancouver Real Estate Agents? You might also have been looking for some real estate in Yaletown, the West End or other parts of the Lower Mainland.

Monday, August 18, 2008

The North Cyprus Administration Has Issued TRNC Title Deeds In Relation To Previously Occupied And Owned Greek Land

Category: Finance, Real Estate.

Cherie Blair, wife of the British Prime Minister, has become involved, Tony Blair in the controversial issue of British ownership of North Cyprus Property.



When Cyprus was partitioned into North and South, then Greek Cypriots residing in the North fled to the South, and Turkish Cypriots residing in the South moved north. Linda and David Orams paid around �160, 000 for a detached house in Lapta in 200A Citizen of the Greek Republic of Cyprus, claims that he, Mr Meletis Apostolides is the rightful owner of the land on which the villa is built. Property, land and possessions were abandoned by the fleeing refugees. The North Cyprus administration has issued TRNC title deeds in relation to previously occupied and owned Greek land. Since 1974, both the Turkish Cypriot administration in the North and the Greek Cypriot administration in the South have devised policies as to how this property and land should be used. The authorities in South Cyprus have been more circumspect on this matter.


This was based on an EU agreement whereby convicted criminals in one EU state could not evade justice by fleeing to another EU country. In October 2005, the South Nicosia District Court registered the adverse judgement against the Orams with the British High Court in London. As the Greek Republic of Cyprus joined the EU in 2004, they are able to resort to this arrangement between EU states. The case was heard in London at the end of July 200A director of Wellington Estates Ltd was in court to listen to the proceedings. Mrs Orams appealed against the registration. Ms Cherie Booth, also known as Blair, represented the Orams.


Referring to the difficulties Article 1 presented, she said, -If you dont have effective control over the North how can you implement laws? Ms Booth reminded the court that when the republic of Cyprus joined the EU, it signed and accepted Article 1 Protocol 10, which states- We( the Greek Republic of Cyprus) have no effective control over the North- Considering Article 1 and the fact that the case is still at appeal stage, the UK and other EU states cannot interfere in the affairs of Northern Cyprus, she said. This is a powerful argument, as the Greek Cypriot administration, by its own admission, has no effective power to enforce a ruling made by a Greek court in Nicosia on a property in Lapta, which is some 25 miles away. Viewed from this perspective, the Greek Cypriot effort to register a Greek Republic of Cyprus court judgement in London lacks logic and could be considered mischievous. Indeed, since the attempt to serve a writ on Mrs Orams the TRNC authorities have made it clear that any repeat of this exercise will lead to the arrest of those persons attempting to serve an unauthorised writ. If a Greek court cannot enforce a judgement on a property some 25 miles away, how can a UK court be expected to fare better? The Greek complainant is aware that the Orams have a house in Brighton, in addition to the disputed property in Lapta.


However, there is a hidden agenda in this matter. Should the complainant be successful in registering the Greek courts judgement in London, and should Mrs Orams fail to comply with the demolition order in a reasonable period of time, then the next stage of litigation will be an application for the UK court to seize Mrs Orams assets in the UK. Mr Justice Jack has stated that he is unlikely to make a ruling on the case before September 200

Saturday, August 16, 2008

In So Doing, Agave Has Qualified For The City S S

Category: Finance, Real Estate.

Modern housing is on the rise in Austin, making it easier for the modernist to move into a brand new home, instead of waiting for a mid century A. Stenger to come on the market.



Six miles east on Martin Luther King Blvd, the Agave residential development is finishing up its first round of homes. Agave is actually the third phase of Sendero Hills, with the first two set up for low to middle income homeowners, with Agave geared towards the middle class. Touted as" Austin s premier contemporary residential development, " all of Agave s 160 homes will be built with a modern flair. In so doing, Agave has qualified for the city s S. Possibly the biggest draw for homeowners to the Agave Development is the chance to own a home designed and built by some of the city s top Architects, without having to pay top dollar for the exact same house in the heart of the city. T. (Safe, Mixed- income, Reasonably, Accessible- priced, Transit- oriented) housing policy, which includes meeting the city s Green Building standards, and energy efficiency for their customers, with amenities such as low E windows and tankless hot water heaters.


The list of architects includes Emily Little who has recently won the Austin Chronicle s Readers Poll for" Best Architect" , and has been designing and preserving some of Austin s best structures for the last twenty years. The Casa Bella Architects have been in business since 1989, and also have their hat in the ring, after many environmentally friendly, and beautifully modern buildings, such as the award- winning Ullrich WaterTreatment Plant, and Austin s soon- to- come recycling center. Also, KRDB has a set of homes going up after quickly becoming one of the hottest design/ build firms in the city, with their Cedar Avenue houses gracing the cover of Dwell Magazine. Though the concrete and cedar siding homes, with their bamboo floors, and CAT, European designed kitchens- 5 telephone wiring are large draws for some new homeowners, Agave is not without its downsides. And though East Austin is in a state of transition, low- income housing still makes up most of the region, and to some spending$ 300, 000 on a home in the area may be a gamble. Though relatively close to downtown, there aren t many amenities along MLK, such as a grocery store.


For those families with young children, the public schools would also be a concern, with the elementary schools not ranking as high as other parts of the city. Vincia Development, is about to, who created Agave begin a new project called Fiore just down the road from Agave. And though each home will be professionally landscaped by Floribunda, the development is void of large, mature trees. Fiore should be a fine compliment to Agave, as it will be the nation s first 5 star- rated green community. For those Austinites looking for cutting edge architecture, and an environmentally sound community, head East.

Wednesday, August 13, 2008

That' S Why It Is So Important To Enlist The Services Of A Professional, Licensed Real Estate Agent Who Specializes In Commercial Real Estate In Cancun, Mexico

Category: Finance, Real Estate.

Deciding to buy commercial real estate in your own country is a big decision, but making the decision to purchase commercial Real Estate in Cancun can seem even more daunting. These experienced individuals can help you to buy or sell an empty lot, a retail space, a hotel, a professional office building, an apartment building or rental property, a warehouse, a restaurant, a gas station, or any other type of commercial real estate property in Cancun, Puerto Morelos and, Playa del Carmen Puerto Aventuras or other outlying areas around Cancun.



That's why it is so important to enlist the services of a professional, licensed real estate agent who specializes in commercial real estate in Cancun, Mexico. It is important to locate a Mexico Real Estate agent who not only specializes in commercial Cancun real estate in Mexico, but who has a proven track record in locating and/ or selling commercial properties. Experienced real estate agents should have an extensive business brokerage network with which to accomplish this, whether you are buying or selling commercial real estate in Cancun. One way to accomplish this is to ensure that your property has the maximum amount of exposure when selling, and that you are being shown an adequate variety of available properties when buying commercial Real Estate in Cancun. A good Real Estate agent will be able to deal with a variety of clients with various needs when it comes to the type of property they are looking for, whether it is residential income producing real estate or any other type of commercial real estate in Cancun. If you take these important facts into consideration, you will find the perfect commercial real estate investment opportunity in Cancun or the surrounding areas. Look for a real estate team that has a strong background in acquisitions and divestitures that only come from experience working with large investment banks and corporations that deal with Commercial Real Estate in Cancun.


Author: Tom Budniak

Tuesday, August 12, 2008

I Guarantee That These Buyers Paid A Premium

Category: Finance, Real Estate.

An important part of our job as Realtors is to help our clients negotiate for the best deal on a house. Here are some strategies to help you guide your clients through the negotiation process.



Your confidence and professionalism in this area will make your service memorable to your clients. Constantly re- establish trust. Buyers and sellers know that the other party has interests that are in conflict with theirs. Establishing trust between the parties is the most important strategy in any negotiation. They begin with a certain amount of wariness of each other. Show them that you and your clients will be reasonable to work with. It is valuable to establish rapport quickly.


Here are some ways for your clients to establish common ground: Communicate that they have a common hobby, the same type of job, moved here from the same area, went to the same college, have similar children's needs, or other relatedness. If your buyer works for a well- known company, this may increase the seller's trust. Present evidence that your clients are qualified to buy the property. Never delay your counteroffers. Communicate that the buyer appreciates the home. Show respect for the seller's time. Begin the negotiation by establishing rapport.


I have noticed that buyers are often reluctant to show that they like the house. Then continue to reinforce it throughout the closing process. They believe that an aura of disinterest will help their negotiation. During the negotiation the seller had multiple offers to choose from. I recall a transaction in which the buyers met the seller, and expressed how much they liked the house. Their offer was selected. Also, they were real people to the seller, while the other offers were just paper.


The buyers' encounter with the seller, and openness about how they felt, gave them an edge. The seller trusted them to close the deal. While trust is the single most important factor in a negotiation, ego is the most destructive. Don' t get negative feelings involved. Many times I have seen buyers include notes with their offers. I guarantee that these buyers paid a premium. They point out faults and deficiencies, and explain why the home is not worth the price.


The point is, never run down the sellers' home. And negative feelings are an unnecessary hurdle to have to overcome. This will bring their feelings to the table. If you have the opportunity, compliment the sellers' house, decorating and gardens. During the negotiation, anchor your offer price to market data. Don' t forget that their children are always above average, and their pets are practically human.


Play on the Same Team. A united front is a strong negotiating position. It is important that you stay on the same team as your clients. This may not be the way things really are. You may not approve of some of the terms of the offer. The wife may love the house, but the husband wants to negotiate the price.


If you reveal a break in your ranks, the sellers will consider your position weaker. A healthy skepticism is a good thing in negotiation. Keep a Grain of Salt. Not everything you are told is true. Does the 1% bonus for contract this week mean that you have to rush your offer in? How many times have you heard that the contract has to be in this quarter, or the price is going up?


Is the price really firm? The seller may want close quickly and for full price, on the other, but hand, the seller may want to close, period. Proposals such as these show you what is important to the seller. I can think of many times when I thought the buyer's offer would never work, they got their, and yet terms. A big part of negotiation is subtle. Understand Special Needs.


Little things make a big difference. A misperception of the required tone can lead to a decline in trust. Sometimes good deals go off track because of a difference in the style or personality of the parties. Some examples: Slower Pace- The sellers were a couple in their 90's. The buyers took extra time to sit down and talk, and formed a strong bond. Since they did not leave the house, the buyers met them several times.


Holy Ground- The sellers had a small grave for their dog on the property, which they were very sensitive about. For the Birds- The sellers had numerous bird feeders on the property. The buyers realized this, and sent word that they would leave it in place. The buyers keyed in on this, and offered to continue feeding the birds. In order to preserve the buyer's trust, it was necessary to double check everything, and watch deadlines, handle paperwork. Get a Grip- The sellers' agent tended to give wrong information, did not handle details well, and was untrustworthy.


Keep private things private. They may have just sold their house, and need to act fast. Buyers may have some issues that should be kept private. They may need to start kids in school. They may have an interest rate that is about to expire. They may be in the middle of a divorce. Not one of these pieces of information will get them a better deal on a house.


Your buyers should be perceived as folks who are well qualified, who truly appreciate this home, and who can be trusted to close. In fact, they all indicate that they are under pressure. Get good information. How are other actives and recent sales priced? Here are some questions to ask before you and your clients compose an offer: How is the market in general? How long has the home been on the market? Did the house sell recently?


Have there been price changes? What was the price? Would a pre or post lease be desirable? Is there a time deadline that must be met? What is the appraisal district value? The HOA dues?


The taxes? Is a disclosure available? A survey? A property inspection? Are there any offers expected, or on the table now? Other terms, close date, such as financing, repairs, or possession date may be just as important.


Price is just one consideration in the negotiation for a home. Negotiating for a house requires skill in giving and taking information, and in communicating to the seller that your clients are the best buyers for their property.

Monday, August 11, 2008

Finding The Perfect Home

Purchasing a new Florida home can be a fun and exciting process.



Sellers are offering incredible incentives, Realtors are working harder than ever before to make their buyers happy, interest rates remain low, and banks are eager to lend money to responsible buyers with good credit. With numerous homes for sale in various price ranges, today's real estate market is heavily skewed in favor of the buyer. Today's Florida home buyer can take their time, and find the, explore target neighborhoods perfect home to suit their needs and their budget. In fact, the primary focus of any Florida home buyer should be to learn as much as possible about the current housing market, about pitfalls the, and most importantly Florida home buyer may face. It is, very difficult to, however find the perfect home if the buyer is not prepared. Potential pitfall number one: Overestimating your budget.


This will help to determine how much home you can truly afford and eliminate any unpleasant surprises. The very first step every Florida home buyer should take is to do a thorough analysis of their personal finances, and of all the costs associated with owning a home. After taking stock of your monthly income, and credit rating, monthly debt, you should have a good idea of how much money you can allocate to a house payment. This is a good time to find a mortgage lender and obtain pre- approval for a loan. A few additional costs you may want to consider are insurance costs, and lender fees, taxes. A pre- approval is a solid estimate of how much a bank is willing to lend, how many points( if any) they will add, and an estimate of the interest rate they are willing to offer. Potential pitfall number two: Realtor remorse.


Once you have this, you can calculate monthly payments and insurance costs, and determine with reasonable certainty how much home you can afford. A Realtor can, make or break, quite literally your Florida home buying experience. Ask friends and family members for recommendations, or at the very least, visit several agencies before making your final selection. This is why it is so important to take your time when selecting a Realtor. It is very important to find a Realtor who listens carefully to determine what type of house you are looking for, and the price range which best suits your budget. If there is anything about an agency or agent that makes you feel uncomfortable, trust that feeling and continue your search elsewhere.


If a Realtor immediately pushes you toward a home outside your price range, does not thoroughly answer all of your questions, or simply gives you the feeling that they are not truly listening to what you want, move on. Potential pitfall number three: Hefty repair costs. If you decide to purchase a home that is at the top of your price range, you should be reasonably certain that the home will not require any major repairs. Failure to take repair costs into account when purchasing a home can lead to serious problems for the Florida home buyer. The Florida climate can be brutal on homes, which means that a thorough home inspection is of vital importance before any home purchase. A few things to look for are cracked foundations, outdated plumbing and, rotted wood electrical systems, and signs of mold or flood damage. Home inspections can be costly, so learning about potentially expensive repairs and how to spot potential issues in a home can save money by eliminating prospects from your list before they ever reach the inspection process.


Also consider that if you purchase a newly- constructed home, there is no need to worry about repair costs. Finding the perfect home. Everything is brand- new, and most builders offer a home warranty. The preceding list is by no means exhaustive, and there are many other ways in which a Florida home buyer can prepare themselves to purchase a new home. By making these simple preparations and taking a few necessary precautions, you will be well on your way to finding your perfect Florida home. These are simply a few of the major pitfalls you can avoid as a Florida home buyer, and the suggestions will help you to better navigate the Florida housing market.