Buying Property in Dubai: Factors Influencing Buyers’ Decision

Dubai is one of the fastest growing cities in the world today and is recognized as the gateway to the gulf. Because of its impressive new buildings, biggest theme park in the world, tree- lined boulevards, and magnificent shopping malls, it is voted as one of the world’s best holiday destinations. It is also acknowledged as an emerging commercial hub and one of the most desirable places to live here on the planet. Recently, the Government of Dubai has opened up doors for purchase of freehold properties in approved projects in Dubai. The purchasers who are registered will be entitled to a residence visa including the whole family. This will be issued by the Dubai authorities under their standard conditions. …

Tips for Bulgaria Buying Property

Bulgaria has had its fair share of both good and bad press over the past couple of years, but it is still an area which has proven very popular with Irish property investors. The obvious lure here is price, but the Irish have, in recent times, been acknowledged across Europe as property investors with an eye for an asset that will show good appreciation. Bulgaria is a politically stable country, and the introduction of a currency board in 1997 stabilized the country’s economy. However, as is the case elsewhere in Central and Eastern Europe, legislation, including that governing real estate, is volatile and subject to frequent change. A foreign investor can invest in properties in Bulgaria either directly or through …

Some Great Tidbits and Nuggets on Buying and Selling Homes!

There are particular ways and standards set for you to progress when purchasing a home. It varies depending on the real estate laws and customs where you live. But do not be frustrated because the success may not be achieved all at one hand and cannot be accomplished in the same order in every location. It adds confidence on your part if you go about on a home buying journey when you understand the necessary things that you must do and the person who are involved in the transaction. These are the 5 helpful steps for you to follow: Step 1. Get Your Finances in Order Your credit reports are an ongoing look at how you manage your finances. You …

Buying Property In Spain – A Place of Paradise and Culture

If you have the preference of mansion typed houses, then you must try to visit Spain and get an early reservation there. Home selling in Spain has been rampant because many of the buyers have desires for the peculiarity of the style of houses there. Owners of these properties know that there is a great demand for their properties and has made a good selling with them. Aside from the splendor that these houses offer to the customers, there are other factors that entice anyone who visit the place to get one there and it helps a lot. They have a different form of advertisement presented to the public. Step through the stucco archway, linger in the tiled courtyard, and …

Buying great pre foreclosures

Buying great pre foreclosures is one of the most effective ways to find discount property available for direct purchase in today’s competitive market. With so many people searching for homes through real estate agents and other traditional forms of property purchase, it can be tough to find any substantial savings. And buying other forms of repossessed or distressed types of houses often means competing with others in an auction scenario. But buying pre-foreclosures means dealing directly with a homeowner on your own to negotiate a sale, so it can be a great way to get the price you want. These unique homes are available for purchase because the owner has defaulted on their mortgage loan, and is in danger of …

Buying Foreclosure Homes – You Win by Offering the Homeowner Options

In teaching workshops on how to buy foreclosure homes (often listed on a foreclosure auctions report), I often write on the markerboard in big bold letters, “Gain They’re Trust to Close More Deals”. The principle of gaining the trust of the homeowner threatened with foreclosure is a deal-maker. If they trust you, they are more likely to accept your offer. Besides that, if you have earned their trust by explaining their options to them, then if they choose to let the home go to auction where it will likely end up on a foreclosure auctions report (and you win it) they are much more likely to vacate the property without a fight. 1. Work with their Current Lender Forbearance: An …

Buying Bank Owned Properties (REO)

Where do most investors turn to when they seek preforeclosure opportunities? Sure, they take a look at free foreclosure listings or even sources of foreclosure listings that they pay for. While these sources may lead to productive and profitable deals, they also require extensive marketing and business promotion in order for an investor to tap into these preforeclosure opportunities. To Get a Free Foreclosure and short sale Course including how to buy REO Properties, Go here Reo Properties What other options do investors have? Well, in today’s market, more and more realtors are marketing properties as short sales in the MLS. While these do represent preforeclosure opportunities, I also think that this can be risky for the investor because many …

Buying and Selling Home in a Balanced Market

Over the last several years most buyers and sellers have dealt with either a buyer’s or seller’s market. A buyer’s market is what the market is called when there are more sellers than buyers, so the listings take longer to sell and buyers can really shop around until they find exactly what they have been looking for. A seller’s market occurs when there are few homes for sale and buyers have a lot of competition for homes. For the first time in a long time, the market is shifting toward a balanced market, where it favors neither buyers nor sellers. When the market is more balanced buyers and sellers need to approach the buying and selling of real estate a …

Buying Orlando, Florida Properties and Real Estate with a New Home Rebate

If you’re planning to build a new home in Orlando, Florida, don’t miss out on a unique benefit called the “new home rebate.” Florida buyers rebates are often left in the pockets of homebuilders because the buyers don’t understand how they work or know that the rebates even exist. Obtaining a new home rebate is so easy that you can do it with minimal effort and get thousands of dollars cash back for your new home purchase. But first, you must understand what types of properties come with this offer. Florida New Homes New home constructions in Florida, such as in Orlando, qualify for the new home rebate. This means you choose the blueprints for your home and a contracted …

Buying Investment Property

First a little story about buying investment property. My wife and I stayed at a motel in Tucson for a week one winter. Our bill was for twice what it should have been, but since I already paid the correct amount in cash, I thought nothing of it. During our stay, we noticed that the lobby and swimming pool were unheated, and passed it off as frugality. A year later, however, when I read a news story about a new owner struggling to make the motel work, I realized what was really going on. To prepare the motel for sale, the owner had been using the two most basic ways to inflate the appraised value: decrease expenses and increase reported …

Buying your first home in Las Vegas? Here’s what you need to know

You have made the decision to make one of the largest investments you’ll ever make in your life-buying your first home in Las Vegas. You’re excited, but at the same time worried. Some of the questions you may be asking are: Will I be able to afford the home of my dreams? Do I have enough money for a down payment? Can I get a home inspected before I make an offer? No need to worry. The home buying process in Las Vegas can be overwhelming, but if you go into it prepared, your first purchase can be a good experience. Here are some things to you need consider before making the plunge. Getting a mortgage – Fear of being …

Tips on Home Buying and Selling

Home buying and selling is a very fast paced industry, a house can sell in an hour, or even in minutes. Real estate buying and selling is also a very hard job, but with the right tips on your book you will be able to outwit and win good deals. So here are some good tips on how to sell good and buy the best home. Just remember all of this and surely you will be able to sell at the right price and land on your dream home. If you are a buyer then you should take these things into consideration. Before you start working with a bank, mortgage banker, mortgage broker or credit union; get as much information …

How to Remain Competitive in a Down Market

The real estate market was hot for so long that many agents who entered the real estate industry during this time period do not have any experience with a buyer’s market. Until the recent real estate market crash, the market definitely favored sellers. Homes sold quickly and in many cases homes sold for prices above the listing price. As a result, buyers learned they had to move quite quickly. In fact, it became quite routine for buyers to waive inspections and other basics in a bid to move forward as quickly as possible. These buyers were quite well aware that it was common during this time for sellers to receive multiple offers. In some cases this could easily escalate into …

How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing

Today we are discussing a somewhat advanced strategy for you to use after you have been in the creative real estate investing business for a while. I call this “Rehab, Refinance, and Cash Out”. This strategy can lead to true long term wealth and financial independence. This works very well in a buyers market like Memphis where prices have been quite flat for some time. You need to use this to augment your wholesaling for immediate income and retailing for bigger short term profits. Rehab, Refinance and Cash Out is a long term wealth building strategy and will be something you will be glad you did as it is a long term buy and hold strategy, and those are the …

How To Use Home Mortgage In Real Estate Investment

Investment mortgage, as it is generally called, is the mortgage that is invested in real estate property – either residential or commercial. You can find mortgage lenders, who are ready to provide real estate investors with money. Though applicable for both residential and commercial properties, mortgage lenders see residential property as ‘safer’. The collateral here is the home. The secure feeling by mortgage financiers can be the feeling that no one is likely to make default on payments on a loan, taken with their dwelling place as collateral. Investing in real estate is always a good option. You can either make an initial investment on a home, that you would rent out for a few years and sell the property, …

How to Use Comparable Sales to Determine the Current Market Value of a Property

When assessing the value of a property, many investors and other commercial property buyers look at comparable sales to determine the true current market value of a property. The comparable sales can show you exactly what properties are selling for, not just the asking price. If you know three or four properties of similar characteristics sold for about the same amount, then you can determine what the value of your property is. Don’t ever just look at the asking price, as it can be as far off as the owner wishes. He or she may be dreaming in regards to what the property is really worth! Comparable sales, or comps, are the properties that have sold around the subject property …