Saturday, August 30, 2008

Fort Lauderdale Is The County Seat Of Broward County

Category: Finance, Real Estate.

Located in the state of Florida, Broward County is the second largest county in the state in terms of population.



Fort Lauderdale is the county seat of Broward County. According to the most recent estimate the area had a population of more than 1, 000 people, 785. This area is one of the constituents of the South Florida Metropolitan Area. The history of the county goes back to the year 1915, when it was created. This county has an area of about 1, 300 miles sq. and two- thirds of its area lies in the undeveloped Everglades conservation region. Two counties, Palm Beach County and Dade County, contributed equal portions and thus came about Broward County. Broward County is served by the Broward County School District.


It was named after Napoleon Bonaparte Broward, who acted as Governor of Florida from 1905 to 190Presently Broward County is bordered by Palm Beach County to the north, Miami Dade County to the south, Hendry County to the north- west and Collier County to the west. It is presently the fifth largest school district in the US and the second largest in the state of Florida. Fort Lauderdale, Miramar, Pembroke Pines, Hollywood, Coral Springs and Sunrise are all part of Broward County Real Estate. Besides having the advantage of an extensive network of schools, the place is, colleges and universities also home to one of the largest public library systems in the country named Broward County Library comprising 37 branch locations. In terms of transportation, Broward County scores well since three major interstate freeways consisting of Interstate 75, Interstate 95 and Interstate 595 operate in it. The Sawgrass Expressway is the basic east- west connector.


Apart from this a street grid runs throughout the county s area. Good infrastructure in the area is one of the biggest reasons why the economy is doing well commercially. Broward County Real Estate is gaining ground as there are currently 2, 271 homes available for sale in Fort Lauderdale, 1, 424 homes in Pembroke Pines, 1, 767 in Hollywood and 1, 515 in Miramar. Fort Lauderdale International Airport is known and admired worldwide. Broward County economically depends most on the manufacturing sector for subsistence. Broward County enjoys the best real estate in Florida due to its excellent weather, and most friendly, beautiful beaches and tourist oriented government that are always encouraging an influx of both domestic and international tourism. A range of durable goods like furniture, transportation equipment etc, machinery. and non- durable goods like paper, apparel and chemicals are produced here.


The economy also has a strong retail trade base with building materials and general merchandising leading the order. Rate of growth of employment is high in Broward County, predominantly because of the service sector. A flourishing economy has prompted real estate trade to grow immensely in the area. Unemployment rate is very low in this part of the US, most people being self- employed and some being in Government jobs. Broward County real estate is very popular and in 2008 is expected to continue to rise. This is definitely a reason why more and more people are making Broward County their home.

Friday, August 29, 2008

Consequently, Golfing Communities Will Undoubtedly Continue To Be A Popular Place To Reside

Category: Finance, Real Estate.

If you re thinking about residing in a golf community, you should take a look at the top golf course communities in America before making a final decision as to which would be most suited to your own lifestyle. In the U.



There are hundreds of golf course communities that have already been completed across the United States, with more heading toward completion each year. S. alone, more than 26 million people consider themselves golfers. The communities that are located with a view of the golf course often contain other amenities that make them popular, even for those who do not play golf. Consequently, golfing communities will undoubtedly continue to be a popular place to reside. In fact, the top golf course communities in America focus on intergenerational living, good medical facilities, with good schools, good transportation flows, and various types and sizes of housing units. It s important to keep in mind that different communities focus more on family activities and social interaction with neighbors, while others emphasize the beautifully designed golf course itself.


All of these factors are important both to retirees thinking of moving to the community and to young families who need to think of educational and recreational opportunities for their growing children. Of course, the top golf course communities in America have a mixture of all the best features. Families can select golfing course communities that have planned neighborhood social events or activities as well as facilities where children are welcome and safe. These communities often will feature the concept of" communities within communities" so that seniors and single adults can select housing units that are separate from noisy children s playgrounds. Often, other activities in the community are as important as the golfing for family members. The top golf course communities in America are obviously built around the top golf courses in America. For instance, wading pools, swimming pools, tennis courts, and hiking trails are all amenities that may be of interest to residents.


You will want to pay attention to who the course designer is and whether he or she has other courses that are in their professional portfolio. The courses associated with your community should be commensurate with your level of play, but should also allow room for growth and improvement of your golf handicap. It is also important to look at whether there are public or semi- private courses associated with the private course and whether the housing location that you choose will be acceptable in the future.

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You Can Make Cash By Owning And Renting Apartments - Finance and Real Estate Articles:

The current housing market makes you think that owning rental property is a poor investment.

Wednesday, August 27, 2008

If You Are Looking In The Tampa Real Estate Market For A New Home, There Are Five Great Ways Which You Can Get The Best Deal On The Purchase Of A Home

Category: Finance, Real Estate.

If you are looking in the Tampa real estate market for a new home, there are five great ways which you can get the best deal on the purchase of a home.



Understand Reasonable Market Pricing. By following these pointers, you really will be on your way to getting the home that you always have dreamed of without busting your budget in the process. The foundation upon which your home purchasing efforts need to be made is to come to an understanding of what are reasonable home prices when buying Tampa real estate. If you do not know what homes are being sold for generally speaking, if you do not understand comparable market pricing, you really will not be able to ascertain if a particular property is for sale for an appropriate and reasonable price. You need to understand reasonable market pricing. Setting Your Own Maximum Price. If you establish a budget and top price up front and before you begin your hunt for real estate, you will not end up spending more than you can afford on the purchase of a home for yourself and your family.


Before you head out onto the marketplace, you need to set your own budget in regard to what you will be willing to spend when it comes to the maximum price on residential real estate. Understanding Seller Motivation. If you have a seller that is under the gun to sell a home and if you understand that fact you will be able to get a far better deal on the sales price associated with that property. Another key factor that you need to keep in mind and understand when it comes to getting the best deal on a home purchase is coming to understand the motivation or motivations of the seller in question. Developing Your Own Negotiating Skills. By bettering your negotiating skills, by understanding when to stand firm and when to give in, you will put yourself in the best possible position to obtain the best possible deal on the purchase. In order to better ensure that you are able to obtain the best deal on the purchase of real estate, you also need to hone your own negotiating skills.


Get Professional Assistance. By engaging the services of a qualified and experienced real estate professional, you will be in the best possible position to get the best deal. Finally, when it comes to working to ensure that you do get the best deal on the purchase, you should give serious consideration to obtaining the service and assistance of a professional Tampa real estate agent to aid you in your search for the most appropriate property that is suitable to your needs.

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Port Charlotte- Golfing Avenues - Finance and Real Estate Articles:

A number of factors influence the trends and patterns of an industry. One of the best examples of this pattern is the real estate sector.

The Ultimate Growth In Off- Plan Cyprus Property Purchases Is The Best Example Of This Positive Change - Finance and Real Estate Blog:

Cyprus is rapidly transforming into a paradise for investments due to its appealing climate conditions and peaceful locales. With time, tourists understood that Cyprus doesn t only offer vacations but it is also possible to make a Cyprus property investment.

But Why This Boom In New Homes Tampa Bay - Finance and Real Estate Articles:

Florida has always been an attractive location, but there is nothing quite like the boom in new homes in Tampa Bay.

Tuesday, August 26, 2008

This Property Will Have 20, 000 Pound Of Equity Which Is Yours To Keep

Category: Finance, Real Estate.

One of the most important jobs of a property investor is to source below market value property- that is, a property bought for less than its value if it was to sell on the open market. This property will have 20, 000 pound of equity which is yours to keep.



For example if you were to purchase a 100, 000 pound property for 80, 000 pounds you will have bought it at 20% below market value. Furthermore, since the property is under valued, theres a strong likelihood that you will be able to buy it with no money down. Theoretically, you can buy as many properties as you desire without ever using any of your own money whatsoever! In other words, without requiring a deposit. If you are able to do this repeatedly, your business will experience phenomenal growth. As a Property Investor, if you were only to buy property at full price, you would soon run out of money and your business would come to a stand still.


In contrast, if you were to buy a market value property, the traditional routes of property purchase would demand a deposit of anything from 5- 10% . This is why it is so important for a Property Investor to invest as much as possible in properties below their true value. Regardless of what people say, I find estate agents to be a valuable resource when it comes to buying below market value property. So, how do I find below market value properties? By being persistent, and proving to an estate agent that you are a serious investor, you will have them ringing your phone of the hook with potential deals. If this was to happen, thank the agent for calling you and let him know that the margins dont work for you. Initially, an estate agent may pass you deals that are not below market value.


However, you are still looking to buy several properties that month and he should contact you again if he receives anything. Over time, a relationship will develop with your estate agent and he will start passing on good property leads which meet your investment criteria. At all times, remain polite and check with the agent at least once a week. Once you have completed on a couple of deals why your specified agent, you will find that he places you on his preferred list of contacts. Ideally, you should be a preferred contact for several agents in your area. This is where you need to be to receive the great deals. This way, you will ensure that you will hear about any potential property deal first.

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Are You Trying Your Hand In Today S Estate Agent Business - Finance and Real Estate Articles:

From what I ve seen personally and on television reality shows, a lot of individuals are taking an interest in real estate these days. They basically depict people trying their hand in the modern real estate business.

You Don T Even Need To Leave Your House To Apply For A Mortgage Loan Online - Finance and Real Estate Articles:

In the 21st century, with each passing week, more and more business is being transacted over the World Wide Web. Including people who are interested in buying a home in Riverview, Westchase and the New Tampa real estate market.

When Was The Home Built - Anna Trisler about Finance and Real Estate:

Buying a home is one of the biggest decisions you ll make in your life. One way to make sure the house is right for you is to ask questions about the home, both of the realtor and the seller.

Saturday, August 23, 2008

It Can Help Kick Your SIPP Earnings Into High Gear

Category: Finance, Real Estate.

Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Lancaster Brand of Condotels in the Philippines in a Press Conference with International Investors from the United Kingdom held recently at Shangri- La Mactan Resort Hotel in Cebu, reckoned- "Thousands of people in the UK are beginning to catch on" A Self Invested Pension Plan[ SIPP] is a personal pension plan but with one very significant difference: administration is separate from investment content, giving the plan holder freedom to choose for himself and change the investments within it. The Guidance Notes confirm that the Chancellor is permitting Self Invested Pension Plan[ SIPP] holders to invest in hotels such as the Lancaster Brand of Condo Hotels in the Philippines.



The long- awaited rules on what savers can include in their personal pension plans were unveiled in April 2006 by HM Revenue& Customs. The only stipulation is that SIPP holders may not stay in their rooms. It is estimated there are now more than 70, 000 plans holding over �14bn. With more nights available for paying guests, this not surprisingly increases the room owners returns. A year or so ago, few people in the UK realized that they could manage their Pension Plan portfolios themselves, and even fewer knew that they could invest their SIPP retirement money in homes in the sun which now prove to be among the most popular potential investments to include in a SIPP. The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts and a SIPP is simply another form of trust. If you re considering using your SIPP to invest in real estate, there are some excellent reasons that you should choose Philippine Condotel Investment real estate to drive your retirement portfolio into high profit margins.


Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. K. have soared astronomically in the past decade, the world real estate market is a far different story. While land and housing prices in the U. It s still possible to buy a preconstruction Condotel suite at Lancaster The Atrium located in Metro Manila, for less than, Philippines GBP �25, 0000. To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes[ at current purchase levels] of some 8- 16% ROI per annum as Owner Non- Residents when not using their units through Condotel Management. Lancaster Manila Atrium Tower A, Metro Manila, Shaw Boulevard, Philippines is a" Full Service" Condominium Hotel[ "Condotel" ] offering Studio, Two and Three, One Bedroom Suites for sale.


This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines. A GBP �25, 000 Condotel suite may set you back GBP �100 in property taxes per year, and maintenance costs are similarly low. The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. When you add in the tax- protected status of investments made in your IRA, and the 12- 16% returns through rental income through the Condotel advantage, you have an incredible ROI on a purchase of Philippine Condotel investment real estate enthused Collingz. You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. What s the downside about owning Philippine Condotel Investment real estate as an SIPP investment?


The self directed pension plan rules about benefiting personally from your investments are strict- you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax- protected status and worse yet you could face penalties from HM Customs& Excise. If you re looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. You can, rent out your, however SIPP investment for steady income- putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP. It can help kick your SIPP earnings into high gear. This creates an outstanding opportunity for by offering self- directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units. With the impending slowdown of the UK. housing market and failing pension plans, many investors are turning to using their SIPP s to invest in overseas properties and earn tax- free or tax- deferred income.


With preconstruction property appreciating at some 20- 30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment. Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Beth Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. Most company pension plans are insufficient as are Government Pensions. Savvy investors are now looking for a more solid investment with potential for monthly income. Bank rates for Savings accounts are at record lows.


Condotels in the Philippines fit the bill. Self- Invested Pension Plans and the Lancaster Suites Atrium Condotels, fit this bill exactly. This potential, high rates of rental returns from Condotel Investments, currently from 8% up to 16% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around looking for normal residential profile buyers without looking at the by far bigger picture of investments, investing and retirement. "We re here to help our clients, educating our clients and advising them of emerging investment opportunities. Adds Collingz

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Your Lender Will Send A Closing Statement - Sabrina Marak about Finance and Real Estate:

For many people, owning a home is a sign of accomplishment.

When You Get A Real Estate Agent Involved, He Or She Will Often End Up Taking A Hefty Cut - Finance and Real Estate Articles:

If you are looking to sell your home, you will find that there are many options open to you.

They Are Now Being Recognized As A Group Of People Attempting To Rebuild Their Creditworthiness - Finance and Real Estate Blog:

Buying a house is something most of us want to do.

Friday, August 22, 2008

A Home Is One Of The Best Securities That A Person Can Have

Category: Finance, Real Estate.

A home is one of the best securities that a person can have. Once you have a home that is all yours, there is one less item on your list of worries.



It is one of our three basic needs of food, and shelter, clothing. You do not have to worry that your landlord will turn your out after serving you the minimum possible notice. And whenever you decide that you need to get a loan, you can avail of the secured loan option by using your house as collateral. You can renovate your house however you want. Having lived in both rented apartments and homes owned by my family, I recognize the essential difference between the two. It really does not seem to make much of a difference. On the superficial level there are not that many differences between living as a tenant and living as an owner.


However, there are several little things that can keep getting bigger with time and make you yearn for a place that you could own. Even if you have been living there for several years, there is no guarantee that you will remain in the same place another twenty years from now. One of these factors is the feeling of impermanence that comes with living in a rented apartment. Owners may change, or their needs might alter, your contract might, and so not be renewed. It is for such reasons that it is advisable to invest in a home. How would you react then? Property prices are not going to fall soon anyway, so you can live on in the same place till you can finally afford the country house that you have been dreaming about.


You could just place your old home as collateral as you go about purchasing your dream home with borrowed money. If you find that you can afford that country house sooner rather than later, but are unwilling to sell the old apartment, you could go in for a secured loan. Do remember that secured loans offer relatively low rates of interest as compared to the unsecured variety. Hence, you can make the most of the lower interest rates. Having obtained your property as collateral, your loan provider will obviously take you to be less of a risk than someone with an unsecured loan. Later, even while you continue to pay the loan on your new country house, you can make use of your home s equity by getting a home equity loan. If you own a house, life does become a lot simpler.

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The North Cyprus Administration Has Issued TRNC Title Deeds In Relation To Previously Occupied And Owned Greek Land - Finance and Real Estate Articles:

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

Moving On To A Another Downtown Austin Condo Sector - Finance and Real Estate Articles:

Downtown Austin has been growing over the last few years. The term is" multi- use" and it is pretty much the montra for Austin real estate.

Boston Is Also An Expensive City - Finance and Real Estate Articles:

One of the oldest cities in the United States, Boston currently houses more universities and colleges than any city in the country. The city itself has only 573, 000 residents and is actually geographically quite small for a major city.

Thursday, August 21, 2008

That S Where A Commercial Mortgage Broker May Come In To Their Own

Category: Finance, Real Estate.

Since the 1980 s there has been an explosion of business start- ups in the UK.



With this enormous growth in volume and diversity of new businesses in the economy, we have also seen a corresponding growth in choice of lenders and lending products available. There are of course, many that have not and do not survive but there is no doubt that today, there are many thousands more individual businesses than there were twenty or so years ago. Of course, traditional routes to, the old finance still remain, namely the major banks, the commercial sector, but now has many more options available and it is this which is one of the key reasons for thinking harder about who to use to support your loan application. They are likely to know more of the history of your business if you use them to look after your bank account but they are not likely to be as flexible as other options that may be available to you. Using the bank is potentially an easy option. That s where a commercial mortgage broker may come in to their own.


Lending Options. They will take more time to understand your individual needs and work with you to find a more appropriate solution and in may cases, a commercial mortgage broker will be many times smaller in size than one of the big four banks and perhaps may be more hungry in their desire to gain your business and service level is one sure way to achieve that aim. Usually with many lending options available, the commercial mortgage broker will have access to a wide range of lending products from a panel of lenders. Indeed, they often have very close working relationships with these lenders and can exercise these relationships for your benefit in building a more tailored offering and a more holistic approach. This enables you to gain access to greater lending options without having to shop around. You may also find that if you have a less than perfect credit history, it may make traditional routes to finance more difficult to navigate. Working side by side with you, you may find that the broker can make the entire process of applying for the commercial mortgage or business loan much easier.


A broker, on the other hand, may have access to products that are specifically designed for this area of the market. There is generally, quite a lot of work involved in processing your application. They will ensure that all of the necessary documentation is present and completed in a diligent and timely manner which makes things much quicker in the long run for the lender. The broker will most likely simplify this process for you, making it as painless as possible whilst still keeping you in control. Many applicants become frustrated with the larger institutions because they believe that they should be afforded the same level of attention and service as they would offer their clients. Sadly, this isn t always the case although smaller, independent brokers are often better placed to provide this important and sometimes forgotten part of the equation.

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Today, Hyde Park Is One Of The Most Densely Populated Areas In The City - Finance and Real Estate Blog:

One of Austin s oldest and most loved neighborhoods in Austin is Hyde Park.

The Lender S Decision Will Be Strictly Financially Motivated From This Point Forward - Finance and Real Estate Articles:

Recently lenders have been taking deeds in lieu of foreclosure from homeowners to resolve foreclosures.

I Think With The Rail Link And New Infrastructure You Will Probably See Property Prices Rise, " Said Hetal Shah, Director Of Investors Provident - Imogene Wilde's Finance and Real Estate blog:

A report in the press says that prices in France are set to rise significantly in the latter half of this year. "Property prices across France are likely to be impacted by the current initiative to improve the rail infrastructure in the country, experts have predicted. It is generally believed that improved rail services are unlikely to have as great and impact as new low- cost flights to previously little- known regions of the country, he nevertheless expressed his confidence that prices will rise, particularly in popular holiday destinations. "Any kind of interest definitely does have an impact because people who have been very sceptical about those areas will start to see that there is more new development coming in, and more infrastructure means more money coming in to the area as well, " he said.

Wednesday, August 20, 2008

What Is The Difference Between Market Value And Market Price

Category: Finance, Real Estate.

A Real Estate investment Appraiser performs a service called as real estate appraisal.



The highest and best use is that use which produces highest and possible return on real estate property. An appraiser gets the opinion of value based upon the highest and best use of real estate investment property. This use must be profitable and probable. Typically, the real estate appraiser value is reported on a standardized form, the Uniform Residential Appraisal Report. Also of importance is the definition of the type of value being developed and this must be included in the appraiser, i. e. fair market value, quick sale value, condemnation value, etc. What is the difference between market value and market price?


It is the task of the real estate appraiser/ property value to judge whether a certain price obtained under a certain transaction is indicative of market value. A price obtained for a specific property under a specific transaction may or may not represent that property s market value: special considerations may have been present, such as a family relationship between the real estate buyer and seller, or else the transaction may have been part of a larger set of transactions in which the parties had engaged. There are three dynamic approaches to determine the fair market value of a property. Sales comparison approach. Cost approach. Income approach. Costs, and sales vary, income widely from area to area and particular importance is given to the specific location of the property.


The real estate appraiser will determine which of the approaches is applicable and develop an appraisal based upon information from each individual s investment area. In the US, the appraiser licensing of individuals is left to the states. The individual states have the rights to decide if licensing is required for other types of appraiser. However all appraiser for a" Federally Related Transaction" must be performed by an appraiser with the appropriate type of license, and conform to USPAP. A real estate investment appraiser will provide their personal opinion of value, based on their estimate of the market s reaction, but other appraisers will have varying opinions and sometimes the market reacts in unexpected ways. An appraiser is no more accurate than other predictions of human behavior.

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Reassure The Seller Of Your Ability To Close - Christine Mccrae about Finance and Real Estate:

The goal in a real estate negotiation is to reach a good agreement- one in which the underlying interests of both buyer and seller are met. Many of our real estate clients have been experienced negotiators in other industries, and we have learned from their skill and experience.

Does A House Appreciate Faster Than A Condo - Finance and Real Estate Blog:

When you are looking at buying a residence, one of your considerations is whether to buy a home or a condo.

PROPERTY MANAGEMENT COSTS - Finance and Real Estate Articles:

People talk about running the numbers before buying an investment property, but before doing that we need to discover what are the numbers and how do you get accurate numbers.

Monday, August 18, 2008

Languages In Belgium

Category: Finance, Real Estate.

Location and Climate. Belgiums location has made it the economic and urban nerve centre of Europe.



Belgium is situated at the western edge of Europe, bordered to the north by the Netherlands, to the east by Germany and the Grand Duchy of Luxembourg and to the south and the west by France. The climate is generally mild and changeable. Linguistic and culturally, Belgium has three Communities today, based on language: the Flemish Community, the French Community and the German- speaking Community. Languages in Belgium. Belgium has recently increased in popularity for foreign ownership due to the head quarters of the E. This has resulted in rising property values, especially close to Brussels, although less expensive property can be found in the countryside.


U being based at Brussels. There are no restrictions on Foreign Ownership. Range varies, for example: From around �170, 000 for a villa/ house. Real Estate Prices in Belgium. From around �60, 000 for a flat/ apartment. Locations for buying real estate in Belgium. From around �130, 000 for a Maison de Maitre/ Townhouse.


Antwerp is the largest Belgium city with a population of 500, 00 Brussels is popular with government workers, being popular for, to the East young commuters and residents. Living Costs in Belgium. East and West Brussels tend to have larger English speaking areas. Living standards are high in Belgium. S equivalent property. Freehold property near to Brussels is generally twice the price compared to the U.


Buying real estate in Belgium. Put your signature under a sales agreement and you have to come up with the Euros- it is often misunderstood that if you sign a sales agreement with a 10% advance payment( common practice) that you can get out of it if your loan isn t approved or that you only lose 10% if you don t go ahead with the deed after all. A sales agreement is binding from day one- the notary will issue a deed which completes the sale. Make no mistakes- you are owner the moment you sign the sales agreement! All particularities, building or renovation, including loan approval permits, have to be, etc mentioned as a suspensive condition in the sales agreement. If you sent a proposal, the moment it has been counter signed by the seller for the agreed purchase price, you are officially the owner of the property.


In such case it is also advisable to hand over the advance payment to the notary, who will keep, another common practice the money until the signature of the deed( which doesn t allow any suspensive conditions) . Solicitor/ Lawyer. The property transaction should always be officially registered with the governmental authority within four months of conclusion. A Belgian solicitor/ lawyer or notary should be used to draw written contracts for submission to the public notary. The costs involved in buying real estate/ property in Belgium are generally quite high. Fees. Property registration should incur duty of 15% for land and buildings is payable by the buyer.


T is charged at 21% on buildings less than two years old with the same rate applicable for the renovation of old buildings. Notary fees will cost between 1- 5% of the properties value. Property Tax. T is also applicable for foreign Real Estate investments at the relevant rate of their country. Tax is payable on the deemed rental value of the property which is dependent on the location and use of the property as set in the" Cadastal Register" . Mortgages.


National rates are between 25- 5% and municipal and provincial surcharges also apply. Mortgages are available from various banking and mortgage providers. Capital Gains tax is chargeable on all income from the sale of Real Estate which includes non- resident companies and is liable at the basic rate, which would be 40% . Repayment terms and the rights of the mortgager will be agreed within a written contract before a sale is agreed. These guidelines are meant for guidance only and describe a straightforward purchase scenarios. However this information is not meant to replace proper legal advice, which we always insist you take.

Saturday, August 16, 2008

As We Have Discussed, There Are Many Factors To Consider When Finding The Right Neighborhood

Category: Finance, Real Estate.

As the old saying goes, the three most important facts for selecting the right neighborhood are location, location, location.



It is indeed a very important fact in the selection of your new home because a really nice, affordable home in, attractive the wrong neighborhood can be an expensive formula for disaster for you. So, what about location? The selection process is a critical key step for success. They can provide you a lot of very useful information as you evaluate your needs and match those needs with the various sections of the city and the homes available within these neighborhoods. Use your real estate agent and their resources. So, how do you evaluate your needs?


A summary of the answers to these questions will help you determine where you might want to live in this community and why. Begin by asking yourself some important questions about your current lifestyle and your future, desired living conditions. Remember, this is the time to decide what your criteria will be for evaluating and shopping for the right Neighborhood for you. The following are some questions you may want to consider as you look at the neighborhood in general: Are schools important? Make a list, and discuss this, prioritize with your real estate agent. Do you need to be near shopping centers? Is public transit necessary?


How close do you need to be to your place of work? How much are the school and property taxes? What is the history of home values for this section of town? What about resale value? What are some of the projections for growth or new developments in the area? What are the things that are most important for you? What kind of neighbors do you want to live near?


Once you have defined the criteria for selecting a neighborhood take the next step and look at the homes within the pre- selected areas. To answer this question, you may first have to determine what style home will you enjoy? How do they fit with the home you want? Is land important? Is a pool important? Do you want a large lot or a very small yard? What about landscaping?


Are you only interested in a home or would you consider a condo? Do you want a single floor or multistory house? Once you determine the answer to this question set, then you must decide if the houses in the selected neighborhood match your preference for a home. Since good realtors are familiar with the different areas in the community, your real estate agent can be very helpful. As you can see, the selection of the right neighborhood involves a lot of careful thought and consideration of a wide variety of questions. They can supply you with information about taxes, future developments, values, history of home sales, and many other, school systems important data sets and facts.


Careful consideration and planning will reap satisfaction and success in the selection of your future neighborhood. As we have discussed, there are many factors to consider when finding the right neighborhood.

Thursday, August 14, 2008

The Costa Calida Offers A Wide Variety Of Golf Courses Situated Across Its Plains

Category: Finance, Real Estate.

The Costa Calida also known as the warm coast is located in the South East corner of Spain and is the coast line of the Murcia province.



A vast range of property is available but at 40% less than other developed areas making buying a property in Costa Calida a solid investment plan. Recently opened new motorway networks, planned rail routes and easy access via airports have shown a boost in its tourism but not in its property prices. This together with its excellent climate providing 320 days of sunshine a year have generated the growth or instigated the increase in golf resorts on the Costa Calida. These resorts offer exquisitely planned all onsite facilities and provide 24 hour security whilst nestled around the manicured golf courses designed by world renowned golfer Jack Nicklaus. One of the leading developers for golf resort residential property is Polaris World, owning over 20 million square meters of land with seven golf resorts in various stages of production. It is no wonder therefore that Polaris World is now probably Spain s leading developer with regard to golfing properties, a fact recently echoed within their latest promotion where they are offering free viewing trips from selected airports in the UK. Although each resort works as a fully functional neighborhood due to the location of each development the stunning sandy beaches and sophisticated town centre of Murcia are only a short drive away.


Each development has been uniquely designed to give it its own sense of character ensuring whatever property style you require Polaris World will have it. Each Polaris World development is located in different areas of Murcia. Another completed development is located near to the distinctive Mar Menor and is aptly named the Orillas del Mar Menor which essentially means the shores of the Mar Menor. One of the completed developments is the striking resort of Condado de Alhama which consists of several smaller developments each presenting there own unique style. Each golf course through the developments is tailored to provide a challenge to all levels of golfers. The Combination of these striking golf courses on the Costa Calida presents the Polaris World Nicklaus golf trail.


The dramatic changes in scenery provided through- out each course ensure that no two are the same. The Costa Calida offers a wide variety of golf courses situated across its plains. Due to these new developments golf on the Costa Calida provides an exceptional experience for any golfer. Whilst it is recognized for some of its reputable courses recent years have shown abundance in the number of new courses being built with an increase in the quality providing unlimited choice for golfers in this area. When associated with the adjoining Costa Blanca the golfing industry on the Costa Calida rivals that of the Costa del Sol and Algarve whilst offering much better value for money. Visiting as a holidaymaker or a property investor you will be impressed with the developments on the Costa Calida.


This makes Costa Calida the leading edge of Spain for golf whilst being one of the least spoilt. When combining the stunning scenery and beautiful sandy beaches with the developments of the golf courses on the Costa Calida you will realize why it is a treasured yet unspoilt area of Spain. Purchasing a property with Polaris World on the Costa Calida is not only a sound investment but provides a magnificent opportunity to play on one of the most magnificently developed golfing industries. The increase in tourism has aided the development of infrastructure whilst maintaining the traditional Spanish experience.

Tuesday, August 12, 2008

Owning A Home Can Be Difficult At Times

Category: Finance, Real Estate.

Like many financial decisions their are pros and cons of moving into the real estate market. Con: It goes down.



This article examines the pros and cons of owning real estate. Just as nothing is completely certain, whether your real estate will be as profitable as you' d like depends on a variety of factors. What good things are happening in your area? Find out what you can about the area you' re buying in- scout out local businesses and talk to your potential neighbors. Are there aspects that worry you? Also consider how long you want to be there.


Make a list. While flipping is possible, most of the time you need to be patient before your home sells for the amount you' d like. Aside from taxes, which fluctuate every year, your monthly payment will usually be fixed. Pro: Your monthly payment is fixed. This means no landlords raising rent and no trying to calculate your changing home budget. Con: Your taxes can go up.


In addition, your mortgage company will make all this painfully easy for you to pay on time, and most mortgage companies have convenient ways to pay online. If taxes in your neighborhood rise, that's a good sign your property value is rising too. If you can afford to pay them, then by the time you sell your home, the value of it will be high and your neighborhood well worth living in( or moving from, as the case may be. ) Pro: Tax benefits. Sit tight and be patient- the taxes are usually going to schools and roads and funds that will profit the community. There are many tax benefits you can gain from owning a home. Talk with your accountant about these options, and save all your receipts from anything having to do with your home. You can deduct most repairs, and taxes, mortgage interests.


Con: You can be foreclosed on. Foreclosures are rare, and can be, however avoided by proper budgeting and by paying attention to your mortgage statement. In the event you can no longer afford your property, the government can seize your home. If there is anything you are confused about, most mortgage companies offer friendly and helpful advice. Pro: You can actually enjoy and use your real estate investment. After all, they have an interest in your interest, too.


Unlike cars, which depreciate with wear, which you can, and stocks' t ever see or play with, your home can be a secure and enjoyable investment if you choose to live in it. You can open up ceilings and put a Jacuzzi in your master bath. You can tear down walls and paint the trim loud colors. You can sit on your new cedar deck in the mornings and watch the birds come flocking to your yard. It's yours. You can make it messy or tidy it up. Con: Owning a house is not always easy.


You might need to rewire a switch or replace a door knob. Owning a home can be difficult at times. You' ll need to keep up your yard and regularly maintain your appliances so they last longer. Keep some money in the bank in case something does happen that insurance won' t completely cover. Keep a list of handymen handy, and every now and then check your roof, and plumbing, trees. Monitor your property carefully, and it will be worth your while when( or if) it's time to sell.