31st August
2009
Elizabethtown Kentucky is near famed Fort Knox, which is the home of the United States Gold reserve. The strange thing here is that housing prices here range widely and if you look over any given real estate ad you will find listings for homes that typically are selling for just over a hundred thousand dollars to just under three hundred thousand. When you take into account the state of the current market and the overall economy that is a very wide range. Most areas will give you a much tighter ...
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Business
25th August
2009
One of the increasingly popular ways to live in the densely populated city of San Francisco is in a residential or mixed-used live/work loft.  Although lofts can be traced back to the early 1900's, it was during the 60's that loft living really started to become a fashionable way to live.  This loft-living movement was led by progressive artists who loved the idea of loft living because of the tremendous amount of open space and structural design that can inspire art itself.San Francisco ...
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Business
22nd August
2009
In the event your financial situation is dire such that you have either defaulted in or are having difficulty making your mortgage payments you are just one of the multitude of people in the same situation in the country facing foreclosure. To avoid foreclosure, it is imperative you take action to address any default in payment. There are a number of methods to avoid foreclosure. One method is to simply place the house up for sale. On sale, you can pay off the outstanding mortgage. The ...
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Business
21st August
2009
You have visited PEI and like most people you have fallen in love with this little jewel to be found off the east coast of Canada, in an area referred to as the Maritimes. With a population of only 140,000 in the winter and up to 1 million in the summer, many of them summer residents, you may have chosen to join that group or you may have decided that you want to be a year-round resident. With the healthy economy here on the island, despite the general doom and gloom elsewhere, there are jobs ...
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Business
20th August
2009
Park City 's has been known as one of Utah's best kept real estate secrets, and relocating to Park City can be a worthwhile and exciting experience you will never forget. Here are four distinctive new developments that just may capture the heart of living in Park City for you. The Preserve is a new community at Park City. This is one of the finest recreation and sports communities in the world. The south facing estate lots overlook renowned Glenwild Golf Club, all three Ski Resorts, and the ...
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Business
17th August
2009
There are a multitude of opportunities in the real estate market in the world, ranging form great deals on retirement homes to investments for appreciation, project developments, and rental investments. Success in entering the real estate market internationally depends on being clear on what you want from your investment. Let me illustrate how you can clarify your real estate or investment objectives. Are looking for a retirement home? There are many retirement friendly countries with a wide ...
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Business
16th August
2009
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-Cash Returns." Terms that only the 'savvy' and 'numbers-oriented people use to determine if a Real Estate purchase is a "Good Deal", or not. A majority of the realtor brethren attended real estate school because they are excited and passionate ...
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Business
13th August
2009
If you have searched the Charleston MLS recently, you may have noticed how many listings are currently available.  We have seen a significant decrease in the number of listings in the past year, but there are still many homes for sale on the market.  Right now, there are over 10,000 properties listed in the MLS!  This number is down from about 12,000 earlier this year.                                        Buyers who have been in the market for a while ...
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Business
11th August
2009
Anyone interested in real estate should be able to talk the talk. Here is a list of common phrases and words with a short explanation. Use it as a reference: Adjustable Rate Mortgage (ARM). A type of mortgage loan whose interest rate changes periodically up or down, usually once or twice a year. They are tied to an interest rate index like 11th District Cost of Funds. Annual Percentage Rate (APR). Everything financed in your mortgage loan package (interest, loan fees, points or other charges) ...
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Business
8th August
2009
It's been said many a time that overseas real estate buyers leave their brain on the plane when they step out into the sun in their overseas destination of choice. They've already fallen in love with the country, its people, climate and lifestyle and they've come to snap up that dream home. The trouble is the real estate agents in these popular destinations know that they have a captive buyer and so the buyer is in the ultimate vulnerable position! Add to this the fact that legal and financial ...
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Business
7th August
2009
One of PEI's great benefits to those seeking to own their own residence is the relative ease with which one can place a mobile or mini home on PEI real estate and setup the new family homestead. In most other jurisdictions, even in the country there are great barriers placed against the placing of mobile homes on private land. The restrictions here are relatively minor, which coupled with the general inexpensiveness of land makes PEI attractive as a location for your first home and a small ...
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Business
5th August
2009
In our Accounting class we had a good teacher. Among the many things he taught us, I can still remember clearly how his voice resonated against the class room walls when he talked about depreciation and real estate. He said that all physical assets including building, machinery, furniture, is subject to waste and decay. All physical assets (of course except land) have to be depreciated. Even if you talk about money, in time due to inflation and other factors its value will decrease. A $100 ten ...
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Business
4th August
2009
Here on PEI real estate prices are lower to start as we have the lowest average home price, second only to New Brunswick; however when we are looking at buying a property we are always asking ourselves if we can shave just a little more of the price. It is simply human nature to look for the best deal. Generally wanting the 'best deal' is essentially the same as saying you are looking for a motivated buyer. Most PEI real estate is listed through licensed real estate agents and agents will know ...
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Business
3rd August
2009
Copyright 2005 Peter Dobler Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other People's Money). I have enough money; shouldn't I buy my real estate investment for cash? No, I absolutely advice against investing large sums of cash into a single real estate investment. There are two reasons why not. First, you give away most of your profits ...
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Business
2nd August
2009
Of course, this is the big question in real estate now. . . Will the so-called real estate bubble burst like the dot-com bubble did a few years back? There are some good arguments on both sides of the issue. Whatever happens in the next few years, it will affect millions of Americans, and therefore also millions of people worldwide. If the bubble does 'burst' as some say, it is all but certain we could, or more like would, go into a recession. A deep one. Right now the real estate business ...
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Business