Buying property abroad

It is said that no two countries in the world have the same legal systems, nor are the systems and policies that rule the acquisition of property the same. Unfortunately, people who are buying property abroad often assume otherwise, making them susceptible of getting into a mad run with the legal intricacies of a foreign property market. But thanks to the European Union you can now take some comfort in the knowledge that the foreigner buying property abroad are now subjected to the same rules and regulations as the locals or any othe EU citizens for the matter. But don’t be so relaxed because even though the EU have already systematized the property buying procedures there are still some amendments …

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 …

Advantages of Buying Homes in Las Vegas

Las Vegas is a great place to live, imagine yourself just a minute ride into streets that is lined up with casinos, theater shows and spa parlors. Las Vegas is really a haven for all people of all races and age. If you are thinking of living and buying a home in Las Vegas then you should keep these things in mind. Las Vegas is full of luxurious houses and people would always think that only rich people live in here. That is the common thoughts that always come into our minds when we think of buying home in Las Vegas. We usually think that why should I buy a house in Las Vegas when I don’t have the money …

Buying Island Real Estate.

Is island life for you? Or is having an island getaway for you? Both questions would entail completely different lists of pros and cons. For investment purposes, island homes tend to hold their value, as land is obviously at a premium on an island! The population of USA has access to many islands, in the Atlantic, the Caribbean, the US Virgin Islands and in the Pacific. If you are planning to buy a second home on an island, you will not need to do the same soul-searching that would be required for a permanent move. Many families have bought an island cabin as a group purchase, and the weekends and vacations are allotted on a casual ‘time share’ basis within …

Buying homes in Henderson

Henderson is the 2nd largest city in Nevada and was incorporated in 1953. It is located just 7 miles from the famous Las Vegas strip and minutes from Lake Mead and Boulder City. The US Census stated that Henderson was the fastest growing large city in the United States. Henderson is home to the first large master planned community in southern Nevada, Green Valley. The city of Henderson land use is currently 51% residential. Following the success of Green Valley, Henderson has 25 master planned communities with more planned. For families with school age children, Henderson boasts several private schools. Here are some excellent reasons why buying homes in Henderson is a good choice. Henderson has over 40 parks and …

Hurricane Katrina And The Impact On Real Estate Prices

In the wake of Hurricane Katrina’s wide path of destruction, the real estate market will be affected perhaps in ways not fully understood or expected. If recent hurricane recovery history holds true there will be several good things to come out of all destruction. Let’s hope so as those who live in the Delta region have suffered immensely. In September 1989, a strong category 4 hurricane by the name of Hugo made landfall in the Charleston, SC area. Up to that time it was the strongest hurricane to hit the U.S. mainland since Camille whacked the Gulf coast in 1969. The damage from Hugo was extensive with entire forests wiped out and fishing villages and seaside resorts heavily damaged. Dire …

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 …

Investors look at Philippine Condo Hotel or Condotel Property Investments

PLC International Marketing Networks has revealed that some institutional investors are trying to diversify their property portfolios through areas like Southeast Asia, China and beyond – with the Philippines heading the list, then Thailand, Japan, China, and Singapore property investments featuring in some portfolios. In the UK, “Investors are moving to new areas to find value” said Beth Collingz, Global Marketing Director of PLC International Marketing Networks based in Metro Manila and Cebu in the Philippines. “More and more of clients for Condotel Investments are coming from the UK. There has been a distinct market shift from US based clients over the past few months and we see that trend continuing over the winter months of 2006 and on into …

Investor Palooza Combines a Star-studded Panel of Real Estate Investing Experts with Financial

Answer: look closely at the panel of speakers the conference organizer is able to recruit. Larry Goins is a highly successful real estate investor whose strategies are well respected by other industry stars. So every year when Larry Goins puts on Investor Palooza , well-known panelists are eager to participate. Larry Goins is known in the industry for his techniques on the subject of “Faster Property Analysis That Gets You the Deal” that are described in his course, “The Ultimate Buying and Selling Machine.” And Larry’s latest seminar innovation, “Club Palooza,” is the talk of the real estate town because it offers teen attendees an entrée to financial literacy – a valuable education many of us wish we’d had earlier …

Important Factors Regarding How to Buy HUD-FHA Properties

There are many different types of homes which can be purchased on the general market today. The United States Department of Housing and Urban Development is a federal agency developed for the purpose of managing federal housing and related issues. Within this encompassing federal department is the Federal Housing Authority which further carries out the goals of HUD. There are certain properties known as HUD-FHA properties and these will be discussed in detail as well as the process for buying these homes. What HUD-FHA Does With Regard to Property Purchases In order for a home to be a HUD-FHA home, it has to be owned by the federal agencies. They obtain the initial property in the following manner. Individuals can …

Hurricane Katrina Recovery: The Price of Rebuilding

President Bush and a number of other politicians are pushing for a huge rebuilding campaign for the devastated gulf coast region. Bottom figure estimates have the rebuilding costs pegged at 200 billion dollars while some have said that when it is all said and done the project will exceed one trillion dollars. Certainly, this will be the most massive renewal project ever undertaken in the history of the world. Can we afford this project? How will we pay for it? All Americans need to consider what this project will mean before giving their okay. Will politicians listen? It certainly remains to be seen. We have all been captivated by the human drama that has unfolded before our very eyes since …

How to Become a Texas Realtor

Person or candidates wishing to become licensed real estate salesperson in Texas must be 18 years of age or older, must be honest, trustworthy, have integrity, must be a legal resident of Texas and must be a United States citizen or a lawfully admitted alien. Candidates must also have completed the required education, applied to the Texas Real Estate Commission (TREC) and pass the licensing examination. The educational courses required by the TREC include 60 classroom hours of Principles of Real Estate, 30 classroom hours of Law of Agency, 30 classrooms hours of Law of Contracts as well as another 34 classroom hours of core real estate courses. Candidates must submit proof of completion to the TREC with a credit …

Foreign Buyers Providing some Relief to the Housing Market

Economic news around the country has certainly appeared to be dim in the last few months. As if the housing crisis was not enough, now it appears that the country is in the midst of a recession. The dollar has weakened and many consumers find themselves wondering whether relief is in sight. Quite surprisingly, these problems may actually provide some encouragement for foreign investors to rally the housing market. One of the reasons that many homeowners are finding it difficult to sell their homes is the fact that many would-be buyers either cannot afford the prices or they cannot qualify for mortgage loans. As a result, they have found they have little choice but to continue to rent and wait …

Foreclosure rescue and Foreclosure Options

Foreclosure rescue, also known as equity skimming or equity stripping, is any of various predatory real estate practices aimed at vulnerable, often low-income, homeowners facing foreclosure in the United States. Most often, these transactions take advantage of uninformed, low-income homeowners. The term “foreclosure rescue” has sometimes referred to subprime lending refinance practices that charge excessive fees thereby “stripping the equity” out of the home. The practice more often describes foreclosure rescue scams. While most do not consider foreclosure rescue a form of predatory lending per se, foreclosure rescue is related to traditional forms of that practice. Subprime loans targeted at vulnerable and unsophisticated homeowners often lead to foreclosure, and those victims more often fall to foreclosure rescue scams. Additionally, some …

Fayetteville NC Real Estate

Fayetteville NC real estate markets, like many other real estate markets in the United States, is experiencing a “buyer’s market.” A “buyer’s market” is when there are more homes on the market than those buying the homes. During a buyer’s market, those who wish to purchase a home can usually do so at much less than they can during a seller’s market. Those looking for a nice country home under $75,000 can easily find what they are seeking in the Fayetteville NC real estate market. There are many lovely homes in excellent locations that fall between the $50,000 to $75,000 range. Many of these home owners will take much less than the asking price as there are over 250 homes …

Falling Home Prices Have Little Effect on Property Taxes

Many homeowners have been taken by surprise when the value of their home suddenly seemed to hit freefall. It would certainly seem as though there should be one advantage to dropping home prices; however. Many homeowners assumed that when the value of their homes fell, their property taxes would as well. This has not been the case in many areas; however. In some cases; homeowners have been shocked to discover that not only have their property tax bills not decreased, they have actually increased in some cases. This has been quite a surprise for homeowners as they struggle to understand why they are paying more in taxes on homes that are not worth as much as they were just a …