Posts Tagged ‘property’

Lake County, Florida Property Appraiser Blows Whistle On Mortgage Fraud Inflating Real Estate Prices

Friday, May 16th, 2008

The surplus of speculating investors who cleverly learned how to leverage leverage OPM (other peoples money) and work the system, is now backfiring throughout the market and circling back around to correct itself.

A fourth of the homes bought across the nation the last few years were purely speculative for profit and not bought to be lived in by buyers.

One car dealer I know who owns several rental properties is eating it big time and losing money. He recently told me that after he accounts for property taxes (which in a year may for the first time go down), improvements, and maintenance to care for the homes he rents; at the end of the day he’s losing money considering the amount of time invested to do all of that.

Pune Properties Nurture A Deadly Combination

Friday, April 11th, 2008

Equipped with a deadly combination of educational and IT infrastructure, Pune real estate is rightly said as the second hottest destination in Maharashtra. Both commercial and residential property markets in Pune are driven by these industries while the traditional manufacturing industries of automobiles also are actively participating in the market growth.

Owing to the IT Park, Pune is expanding from its western end at Hingewadi, and the property prices in areas like Balewadi, Aundh, Wakad and Bhugaon have multiplied several times in the past few years.

The Importancy Of Currency Exchange Rate When Buying International Property

Sunday, March 2nd, 2008

Having found your dream home abroad you may now be in the position where you will need to transfer and pay for the property in a different currency to your own. The method you choose to change and transfer money and timing can have a huge effect on the price you pay for your property.

Firstly it is important to understand that exchange rates fluctuate daily. For example in the last 6 weeks the exchange rate of the Euro vs. Pound Sterling has dropped from 1.49 to 1.46. On the face of it this may not seem much, but if you are purchasing a 200,000 euro property, the price of the property in pounds sterling will have risen by GBP2,750.

Turkey Property Market Is Booming

Thursday, February 28th, 2008

Over the past three years the Turkish property market has been booming and many investors have been reaping the benefits.

Turkey property has now taken over Spain as the best value-for-money location to purchase property in Europe, according to Nirvana International.

Natalie Nixon, spokeswoman for the UK property developers, highlighted the wane of the Spanish property market as a haven for investors.

“With the Spanish market becoming increasingly saturated, opportunities for a good investment are declining,” said Ms Nixon.

Tourists are primarily attracted by the coastal towns, but ancient ruins and the development of golf in Turkey, with the ongoing building of courses, was also a big pull factor.

10 Potential Negatives, Often Overlooked, To Consider When Selecting A Residential Development Site

Wednesday, February 13th, 2008

Finding property to develop can be difficult. To complicate this even further, it’s even more difficult to find a piece of property large enough to develop into an entire residential community. It’s easy to want to jump and purchase the property immediately when you finally find it, but there are some negatives that you need to be aware of. These ten negatives can impact and impede and even destroy the development and eventual sale of your property.

Rhode Island (ri) Real Estate Law - Closings And Title Attorneys - Lawyers

Tuesday, February 12th, 2008

1) What is title insurance? How much does it cost? Should I buy it?

An Insight On Real Estate At Whitefield-bangalore

Friday, February 8th, 2008

Bangalore CBD region is on the verge of saturation and the city is facing traffic chaos, housing scarcity and there is a simmering demand for more space and better infrastructure. To meet the requirements the city is now expanding to the peripheries.

In view of resolving aggravating state of city infrastructure, the Karnataka Government is investing US$ 15.73 billion to improve the infrastructure in the state which is highest among all states in the country. The main thrust will be on the development of Outer Ring Road (ORR) region to solve the problem of traffic congestion and to meet the requirements of industries.