Processes in Buying Properties in Bulgaria

Before diving deep into real estate fiasco discussion let us first highlight some important basic information’s regarding Bulgaria. As you would know Bulgaria is located in southeastern Europe. Bulgaria is situated in the east-central portion of the Balkan Peninsula, bordering the Black Sea. Covering an area of 42,823 square miles and is almost rectangular in shape. Its position makes it a natural crossroad between Europe and Asia. Bulgaria has been noted as the third most popular world destination for property investment and holiday homes behind Spain and France. So what does buying properties in Bulgaria give you? Aside from the scenic views and welcoming neighborhoods and sunny climate and broad sand beaches, Bulgaria also boasts a low cost of lifestyle …

How to Start Your Overseas Real Estate Portfolio

Real estate is a tried and tested asset class and the majority of people agree that as a long term investment commodity there is nothing really to beat it for consistently returning strong growth and increasing yields…however, when a country’s housing market goes temporarily cold as real estate prices move outside of the affordability gap, real estate investors often look overseas for the development of their property based portfolio. Currently the real estate markets in countries such as the UK and US are slow and the ability to profit from property locally is reduced – therefore more people than ever are thinking about moving their focus abroad and starting an overseas real estate portfolio to enable them to build a …

How Marketable Are New Sarasota Homes?

Having a home you could truly call your own would definitely be a great feeling. Owning a home in a community which offers all the amenities of modern living does wonders not only for your family’s comfort and well-being, but also for the marketability of your home. Sarasota offers a lot of extra amenities that make living here a truly well-rounded one; nice beaches, excellent seafront homes, well-maintained parks, marinas, yacht clubs and shopping districts. All these further add up to the exhilaration of acquiring a new home. There are a lot of good reasons to owning a home of your own in Sarasota Florida, and most real estate analysts would say it’s probably one of the best investments you …

Breaking into Home Ownership – Finding a Fixer Upper

With the housing market becoming more expensive, buyers must look for the best way to find an affordable home. A fixer upper is a great way to affordably buy your first home in the California housing market. Buying one away from the city is even more affordable since it is not a candidate for a teardown where the land is the most valuable asset. If you are in the market for a new home, but do not want to spend tons of money or just can’t afford today’s rising home costs, you may want to look into buying a fixer upper. By purchasing a home in less than perfect condition you will be able to save yourself a lot of …

Buying a Vacation Home Overseas

With the British and American economies in quite a strong position many more Americans are considering putting some of their hard earned cash into buying a vacation home overseas and apparently one in three Britons has their sights set on buying a holiday home in the sun. If you dream of owning a sunny villa in Italy, a cottage in Scotland or maybe a beachside apartment in the Caribbean, here are five essential tips to consider when looking for real estate overseas. 1) Research Your Location You may already have a favourite destination in mind and be visualising your life lazing by a swimming pool overlooking the Mediterranean Sea…on the other hand you may be interested in shopping around to …

10 Tips for Successful Real Estate Property Investment

Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that doesn’t mean that profits from property investments are hard to come by. Even during a real estate market slowdown, stagnation or depression profits can be made locally and overseas. This article shows you the top ten tips that real estate investors apply to their property portfolio building strategy to ensure success from their investments. 1) Research the curve – the concept of a property market cycle existing is not myth it’s a fact and is generally accepted to be based on a price-income relationship. Check the recent historical price data for properties in the area of the country you’re considering purchasing …

Banks Profit Big Killing Real Estate Values

Banks Profit Big Killing Real Estate Values Everyone is aware now of the slow housing market and the fact that many people are losing their homes. There is, however, another segment of the housing market that is seldom spoken of, but which is also being hard-hit by the current situation. And the banks – who started the whole “tumble” – and who “profited greatly” in creating the “tumble” – are still profiting BIG ! First, let’s talk about the homeowner. In the 1990’s, banks developed a GOLDMINE in the housing industry…the equity loan. They began a huge marketing program to encourage people to take their money (savings) out of their homes and spend it. They touted that the homeowner could …

A Look at the Future of the Housing Market

In some of the worst housing markets in the country, deflation has reached double-digit proportions. While housing woes have reached around the country, California appears to be poised to rank among the worse. One of the primary reasons for this is the fact that in the last several months California has experienced the largest rate of deflating home prices. In fact, home prices in California have fallen at levels that have been unprecedented. Miami, Florida has also proven to be a difficult market at the moment. Here, the weak mortgage market and record high rates of foreclosures have let to decreasing home values as well. In fact, Miami has been among the worst home markets in the country for two …

5 Things You Should Know Before You Flip A Property

1. Money is made at the buy, not the sell of your flip. When flipping a house your money is made at the purchase not at the sell of the house. So, many times people buy a house with the intensions of making a huge profit only to find out that they could not make any money after all the renovations because the purchased price of the house was to high. When you purchase your property you need to be sure that you buy the house with enough money to make renovations, have carrying cost, and add about 5 $6,000. Now, cost is at $147,000, and that is if everything goes as planned. Profit is under 10,000 dollars. The mistake …

5 money saving tips when selling your home

Your home is undoubtedly the most valuable asset for the vast majority of us and selling it will cost thousands. Using the money saving tips in this article should reduce the cost of moving home. Estate Agent fees vary, so shopping around and don’t forget to haggle and pay one off against the other. You should aim for 1% commission, also push then to limit the tie-in period to no more than 6 weeks, this gives then enough time to sell the house, but if they can’t you can move to another agent without going “multi-agent” which will increase the fee to about 3%+, a big no-no! Ensure you get a fair valuation, never tell an estate agent what other …