Finding the Right Place to Live

When I found out that a promotion is going to occur in less than a year’s time, I knew that I wanted to be in for the running on it. I am pretty confident that I am going to be the one chosen for it as well, which is why I feel it is okay to start considering the Sims Urban Oasis price that I was given when I started researching developing condos in the area where the promotion would put me if I am lucky enough to get it.

I started looking at different areas, but I kept getting pulled back to the Sims Urban Oasis development. Not only is the location perfect for me, but it also has everything that I could want there. I am really big into fitness, which is why I hold a gym membership. The condo that I live in right now does have a gym, but it is very outdated. Continue reading

Top 5 Locations in Bangalore to Purchase Property

2wBangalore is popularly known for its global IT firm and job opportunities in some of the big companies, but other than that, it boasts of some of the posh properties. With a pleasant weather, trendy and a stylish life style, people are now more inclined towards owning and purchasing properties in Bangalore. The city is now seeing some serious changes in terms of new house projects and developers trying their best to deliver the housing solution. There are many housing projects which are aiming to create a big change; some of the project would be Golden Gate, Shriram properties, Purvankara etc.

Kinds of property you will find

You should be able to decide and then choose what kind of property you are looking for, whether it’s an apartment, independent villas, simple one room flat, whatever may be your choice is, and you can narrow down your selection based on location as well to get your ideal property. If you have budget restraints, you don’t need to worry; you will get property according to your range. But it is quiet expected that, if you wish to stay

Six Characteristics of a Good Note

33The six critical factors to be aware of when buying or creating a real estate-backed note include the buyer/borrower, the collateral, the down payment, the terms of the note itself, seasoning and the associated paperwork. We’ll go through these one at a time.

The most important of these is the person buying the property and getting a loan from the seller. Most seller-financed loans are created for people with a credit score of 600 or greater, although most banks have a 620 minimum. Just like with banks, the better your score, the better the interest rate you can get.

If you are creating a note you can protect yourself from an applicant with poor credit by getting a larger down payment and charging a higher interest rate. These are things a note buyer will look for when considering the purchase of a loan.

The second thing to analyze is the property being offered as collateral. A pretty 3-bedroom home in a nice suburb would be worth more than a single-wide on 35 acres, 20 miles from the nearest grocery store. A well-built apartment building would be worth

Apartment or House?

asApartment is defined as, a set of rooms which have all the facilities like a house. The major types of apartment are studio apartment, bedroom apartment, duplex, lofts, garden apartment. If I was asked where I would I prefer to live in a traditional house or in a modern apartment building, I think, I would hesitate to answer. This question, from my point of view, is a controversial one. In the following paragraphs I will analyze both these options and present my view.

It’s everyone’s dream to have a comfortable place to live. As the majority of people say, I want to get an attractive house someday, but unluckily it is not so easy to get because it is very costly. But there are several differences between owning a house and renting an apartment. The first difference is the noise. If you are renting an apartment and you are a noisy person, it is very painful for the rest of the people who live with you. For example if you are always playing melodic instruments, listening to loud music and cleaning the house with noisy

Why House Prices in the UK Might Rise Faster Outside

hgIn the run up to the election, politicians from all sides spoke of the nation’s housing woes. Too little supply for too much demand was the problem, most agreed, with different ideas on how to fix it. David Miliband and the Labourites bandied about a “mansion tax,” along with rental increase caps, which arguably dampened sales in London and the rest of the country in the first few months of the year. House building also dipped in early 2015, as did prices, as uncertainty kept many buyers and builders at home.

But within hours of the sweeping election results announcements, real estate agents in London were popping champagne corks. “Over the next five years we think that capital values in the Prime London residential markets could double,” said the executive director of estate agent Douglas & Gordon. An agent with Sotheby’s told The Guardian, “It is going to be an exciting to be in the London market over the summer!”

There is general agreement that much of the concern, now relief, over the mansion tax was London-centric. Price run ups there recovered much more quickly after

Professionals Make a Beeline for Madipakkam Residences

reeFlanked by Velachery and OMR, Madipakkam is definitely a great place to settle down in Chennai that is ever expanding its municipal borders. Guess who are heading straight to Madipakkam for an address to call their own? Professionals from all corners of Chennai. It is no wonder that Madipakkam has grown into a commercial centre of sorts since the last decade.

A few years back, the region had only few houses in a block. Today the streets are teeming with multiple storey apartments of all sizes where occupants have already flocked in. Madipakkam rental properties are in hot demand owing to their quick connectivity to all parts of Chennai. Although big names of Indian real estate development are yet to set foot in Madipakkam, the region is already dotted with a good number of properties that represent lifestyle living.

St. Thomas Mount is the nodal railway station that provides MRTS connectivity across Chennai. A journey from Madipakkam to Chennai Central station can be covered in less than 45 minutes. The Velachery railway station is also in close vicinity for those who want to reach Central Chennai

Why Should You Invest in Flats in Perumbakkam

zA rapidly developing suburb of Chennai, Perumbakkam is known for its close proximity to the IT corridors in OMR and Sholinganallur. It is bordered by Medavakkam in the North, Semmencherry in the South, Sholinganallur to the East and Sithalapakkam to the West. If there had been no IT companies near this locality, then for sure the real estate here would have not had so much of demand that it has now. To put it in other words, the real estate in Perumbakkam is mainly driven by the IT corridors near it and by the professional population working in this IT hub. Several new residential projects are popping up across Peumbakkam with a considerable uptick in demand. While many of the professional population have already flocked the area to buy homes, there are still a few who are in dilemma whether they should invest in Perumbakkam or not. Here are some of the reasons that will make your investment in Perumbakkam worthy.

Proximity to IT corridors

Located a few kilometres away from Sholinganallur and OMR, Perumbakkam makes an ideal living place for all those who have their

4 Things That Will Help Fetch the Right Resale Value for Your Property

dSo, you have decided to part with your home. Wondering how to get the best deal that will justify holding it is an investment property until now. Before you put up a notice for sale, or start passing the news to your near and dear, consider the fact that the reality market is some parts of the country has been sluggish.

Hence, it is worthwhile to put in a little bit of effort that will make your property look a lot more attractive to potential buyers. Here are some expert tips that will help enhance the resale value of your home by tens of thousands if not few lakhs.

Pep up the exteriors

As soon as a home is bought, homeowners spend time, money and energy in designing the interiors to their whims and fancy. What they miss to see is that, the exteriors play a major role in creating an impression in the minds of a potential buyer than the interior. It is the exterior that is first seen before they take a walkthrough of the interiors. Hence, pay attention to pepping up your exteriors in

Why Are UK Property Funds a Good Investment

eddInvestors seek profits on the exceptional housing demand. Fortunately, public and private programmes synergistically encourage home building.

“Everyone needs a home over their head at the end of the day.”

This is what a UK residential property fund manager said in January 2015 to Professional Pensions, a website dedicated to institutional investors who are tasked with achieving the highest returns for their clients.

The fund manager (from M&G UK Residential Property funds) described being involved in the property market with built-to-let properties as well as participating as an investor in the development of new-build homes. The 25-34 age group is a focus of this funder, which means they target properties that are near public transport.

That particular age cohort is indeed important, not because of where they stand in wages but more because they represent pent-up demand. With tight lending in the UK – particularly after the 2008 financial crisis – homebuilders were reluctant to construct new homes at the entry level for first time buyers. In the past decade, this has slowed housing formation altogether or put people into the rental class who would likely be owners

The Importance of Master Planned Communities

xcWhy Master Planned Communities?

According to predictions, there will be changes around the globe in the future that will challenge the way people live. These changes include:

  • Much higher gasoline prices
  • Greater emphasis on energy efficiency
  • Environmental protection and other green features
  • Growing water shortages
  • A 24-7 world that will demand amenities that are open 24-7

To be able to keep up with the global changes, innovations are needed, especially in the real state industry. Understanding the future requires understanding the demographics and how they influenced the market. Thus the birth of the Master Planned Community.

What Is A Master Planed Community?

A Master Planned Community (MPC) is a large scale self-sustaining residential plan. It has a number of various essential amenities not normally found in a regular housing subdivision. A Master Planned Community gives the ability to work, live and play all within walking distance. Some real estate professionals consider this type of luxury real estate development a “Mixed Use” development since they include retail, housing and entertainment In previous times, clubhouses and pools were at the top of home buyers’ lists. Today, access to neighborhood retail services, hi quality restaurants and

You Need to Know This About Home Appraisals

efA home appraisal is a critical component of any real estate transaction that involves a mortgage loan. If you are refinancing you will need an appraisal, if you are selling your home to someone that needs to get a mortgage, he or she will need to have an appraisal done.

What Is a Home Appraisal?

A home appraisal is an opinion on value by a qualified, unbiased third party. Mortgage lenders require an appraisal to be completed when you are refinancing your mortgage. An appraisal is also completed in a transaction when someone is buying a home to make sure they have not over paid for it.

Mortgage Lenders require appraisal to ensure that homeowners are not over paying for a property because if the borrower stops paying for the mortgage the lender will take action to remove the borrower from the home and sell it to recoup their money, this is why it is important for the home to be worth more than the money loaned. In essence, a home appraisal is a lawyer of protection for the mortgage lender.

The Appraisal Process and How Appraisal Values

Five Renovations That Don’t Increase Home Appraisal Value

dfEvery homeowner must do routine maintenance to their home that more or less just maintains its current condition. However, some homeowners decide they want to improve their home’s value and marketability. The amount of value certain improvements cost may not add as much value as the cost to do it.

Homeowner’s are very biased when it comes to their own home, they see the things they have done to it and think dollar for dollar the home’s value should go up with each improvement, this is not often the case. A potential buyer or real estate appraiser may be unimpressed with certain improvements, what you must keep in mind is that what you view as a valuable upgrade may not be the same as what the real estate market sees as a valuable upgrade.

Below I am going to outline Five Renovations That Don’t Increase Home Appraisal Value.

1. Swimming Pools

There aren’t many areas of the world where backyard pools are common place. Before adding a pool think about your neighbourhood, do the majority of properties have pools? Would a potential buyer expect there to be a

4 Things That Will Help Fetch the Right Resale Value for Your Property

sdSo, you have decided to part with your home. Wondering how to get the best deal that will justify holding it is an investment property until now. Before you put up a notice for sale, or start passing the news to your near and dear, consider the fact that the reality market is some parts of the country has been sluggish.

Hence, it is worthwhile to put in a little bit of effort that will make your property look a lot more attractive to potential buyers. Here are some expert tips that will help enhance the resale value of your home by tens of thousands if not few lakhs.

Pep up the exteriors

As soon as a home is bought, homeowners spend time, money and energy in designing the interiors to their whims and fancy. What they miss to see is that, the exteriors play a major role in creating an impression in the minds of a potential buyer than the interior. It is the exterior that is first seen before they take a walkthrough of the interiors. Hence, pay attention to pepping up your exteriors in

Why Is Bangalore a Favorite Realty Destination?

bacThe Bangalore real estate market is one of the most promising real estate markets in the country. IT companies have played a major role in the growth of the real estate market.

The city is one of the most livable cities with good physical and social infrastructure facilities, best educational institutions, famous hospitals, shopping malls, retail outlets, nightlife, etc. The city with all these facilities and attractive climate have attracted a number of people. The residential market has seen excellent growth over time. Many micro markets are known for the residential purpose and few promising and attractive markets include, Sarjapur Road, Whitefield, Outer Ring Road (ORR) and North Bangalore.

Sarjapur Road:

The micro market is located in the South-East of the city. The area is connected to the prime IT hubs like Electronic City, Whitefield and Marathahalli. The area is known for the international schools and reputed colleges. The area has various options for shopping like malls and stand-alone retail outlets of international brands. The micro market enjoys a good hospitality sector and good healthcare facilities. The locality is favorite among the IT/ITes employees as it is

Rent or Buy? Which Option Makes Sense for You?

wsIf you are the individual who is weighing the option of buying or renting a house, you need to consider a few factors. Your financial situation has to be assessed for your long-term planning and that it is not that simple as well.

Understanding your house budget and expenses

It is wise to review your household budget in comparison to the expenses before you begin looking for a new house. You have to find out how much can you afford to pay for accommodation without putting a burden on the budget.

You simply cannot go for rent or mortgage payments if you are unable to pay them on time. Several factors are involved both for renting or buying that should be considered prior to making a decision.

What are the requirements while renting or buying a house?

Your credit history and credit score are crucial and that they will be looked upon by the rental agency or the landlords for the mortgage or rent. You will be checked whether you are can pay the bills on time and are not overdue with the loans or the credit card balances.

How to Deal With a Low Home Appraisal

wssWant to learn how to deal with a low home appraisal? In a competitive real estate market, a home being sold may enter into a multiple offer situation which could potentially raise the purchase price above the comparable sales in the area. In a situation like this, it is possible that the home appraisal for the buyer’s mortgage lender will come in lower than the purchase price. In a real estate market that favors buyers (home prices are soft or declining), sellers can also face a home appraisal that is lower than what they paid for the home if they bought the house at the peak of the market. Be aware that a low home appraisal can happen in any type of real estate market.

Why Do Low Appraisals Happen?

Here are a few reasons why a home appraisals may come in low:

  • Inflated home price because of multiple offers.
  • Declining real estate market due to a large inventory of homes and not enough buyers.
  • The seller has overpriced the home.
  • The real estate appraiser lacks experience and doesn’t understand the influences on value.
  • The real estate appraiser incorrectly selected his

The Next Real Estate Collapse

weeAs daily commutes go, I have nothing to complain about when I point my car toward Sovereign HQ each morning. The traffic congestion on Interstate 95, South Florida’s main artery, is horrendous. So I take the scenic route, the coastal beach road known as A1A.

The views of the Atlantic Ocean are nice. But more recently, I enjoy the drive for a different reason. It’s a ringside seat to the extravagance of the now-deflating luxury housing bubble I warned about three months ago. Recent data point more ominously to a serious problem in this sector.

Each day, my drive on A1A takes me past what is the single most expensive new home for sale in the United States: Le Palais Royal, under construction for the last five years.

Situated on 4.4 acres of beachfront, the “spec mansion” features the Atlantic Ocean as its backyard. The front yard is a nearly 500-foot deep-water expanse of the Intracoastal Waterway – perfect for even the largest private super yacht.

The mansion’s soaring front gates, accented in 22-karat gold leaf, make it sort of hard to miss as you drive by. Just

The Best of Milton Real Estate

dsHow special it feels to be living or moving in to a place which is the fastest growing municipality in the Golden Horseshoe. Fastest growth means more development, better opportunities and modern architecture. You will be able to find various kind of flats, apartments and houses fulfilling all of your needs.

Whether you want compact apartments and houses for your single use or your small family, maybe you want a massive house built with wide rooms and bedrooms for your large family, or maybe you want to go for more luxurious villas… you will get well-built real estate of your choice in Milton.

Population

Milton is the fastest growing municipality according to the census conducted in 2006 and 2011. The census showed that Milton is experiencing approx. 71% rise in population from the year 2001 to 2006 and saw roughly a 56% surge in population from 2006 to 2011. The population of Milton, in 2014, is approximately 100,000, but as it is growing rapidly, its population in 2031 is forecasted to be approx. 220,000.

You will also have no problem communicating with the people in Milton as approximately

Real Estate Statistics Explained

rewBasic Real Estate Statistics Explained

We are going to define some of the basic real estate statistics that get thrown around on a regular basis. To do that, we will use one real estate market, located in Hood County Texas. Even more granular, we will use the single family numbers for homes in Granbury Tx, a small town of approximately 8,000 residents which has seen substantial real estate growth in the past 12 months. It is important when reviewing real estate statistics to use a group of numbers large enough for consistency, but granular enough to tell your story.

The statistics that we will be referencing are true and accurate for the year discussed but are being used to define the real estate statistic itself.

We have chosen Granbury Tx as our example because the growth of the local real estate market there make the statics stand out.

Anytime you are evaluating statistics, especially in real estate, the source of the numbers are extremely important. In most instances, the MLS (Multiple Listing Service) provides the most accurate numbers when referring to real estate. This is because they

Pressures That Dominate Real Estate Value

23When people usually think of real estate value they think of two forces; supply and demand. Yes, this is correct; however supply and demand only fall under the one of the four main categories that drive/depress real estate value. Supply and demand fall under the economic category of influences in real estate value. The other three include; social impact, government subjection and environmental forces.

When looking at social impact, there are a few things one would want to consider determining the effect it will have on real estate value. Most of all the value would fluctuate accordingly with population characteristics. This tie into the potential for demand in the economic section of value; the more demand, the more value a property can derive. Population however should be looked at in more depth by breaking down the sample by age and gender, rate of household formation and partition, as well as analysis of the social values such as education, law and order, and lifestyle preferences. Careful consideration of these factors will help establish trends in what would be reflected in real estate values.

Next is the government