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Real Estate Auctions

The one buying the home also finds themselves with the same benefits with the major benefit of it can be completed quickly. Closing costs are also very low when getting a home or selling one at a real estate auction. The closing costs are usually shared equally between the seller and buyer so this will also reduce the amount you have to contribute to the sale of the home. One thing to note with real estate auctions is that you will normally not see extremely high bids.

Auction sales are listed under the category of As-is sales where to the seller knows that there is no risk with the buyers who are bidding on the homes for sale because there are no contingencies to be met in the future, and that the day of the auction the house will be sold. It is not the seller, but the buyer’s responsibility to make sure that the property is in good shape and if it is not it will also be their responsibility to know what, if any, repairs need to be made. The buyer can inspect the property using the help of a specialist because if their bid

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Luxury Condos Can Be Eco-Friendly

The Benefits of Population Density

The more that a single structural element, utility, or appliance can be shared, the more efficient it is. In a luxury condo, a shared wall does what two separate walls would in houses. That translates to half as much building material to construct the wall, whether it’s wood, brick, concrete, etc. It’s also common for utilities to be centralized in a condominium complex, meaning that the hot water heater serves multiple units, a far more efficient use of energy than heating multiple small water heaters. The same holds true for air-conditioning and heating, which benefit from scaling up and serving multiple residences. By combining these functions that would need to be replicated at each individual home, multi-unit homes maximize efficient use of building materials and electricity.

Space to Breathe

On the other side of the equation, minimizing sprawl by sharing structures and appliances leaves more room on the property for outdoor features. Luxury condominiums have a much smaller footprint, on a per-unit basis, than individual homes. This means that the grounds can be larger and more luxurious, with water features and even small community gardens that would not be possible on many small lots.

The

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Finding Land for Development

The most important part of your search is what you do before you search. It is defining the type of property you’re looking for and formulating the criteria likeliest to lead you to your target properties. The criteria should be specific enough to eliminate properties, but not so narrow as to make it virtually impossible to find any parcel matching them. You start by laying the most limiting criterion over your other search parameters so that you will wind up investigating a smaller, not a larger, number of properties.

Remember, the goal is not just finding the property you want, but being able to do it as quickly as possible. Even a properly designed search will take hours of time and effort and may not produce the results you want.

So how do you select your criteria? Suppose your objective is to find land parcels in a particular county that would be likely to produce 2 to 5 residential building lots after subdivision. This means you should limit your search to parcels large enough for at least 2 building lots and located in municipalities that have public water and sewer. Accessibility to existing public water and

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Ways To Invest In Las Vegas

Investing is an art that requires skills, knowledge and experience. You should never rely on luck when putting up investments if you don’t want to lose your hard earned money. Although Las Vegas is considered as one of the best place where you could invest your money, that is not a guarantee that you will indeed earn out of your investments in Las Vegas. History would tell us that there has been hundreds of people who come to Las Vegas, invested their money into some personal properties and ended up getting broke. Now, if you don’t want to count yourself as one of those people who invested in Las Vegas personal properties and ended losing their shirts, make sure that you make a smart investment.

How does one make sure that he or s he is making smart investment decisions? One of the best ways to ensure that you are making informed decisions when investing in certain personal properties, you should engage the services of a broker or an agent. It is not wise to go out on your own and search fro personal properties in Las Vegas as this could cost you a lot of your

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Buy Overseas Property Safely

Hire an independent lawyer

Many people seek the help of real estate agents, which is not a very good start. No matter how smart, experienced, informative and well-mannered an agent tends to be, never fall for it. Always get an independent lawyer, who will represent you throughout the whole buying process. If you are represented by the lawyer, it means you are well-protected from making any expensive mistakes down the road.

Get help from a financial specialist

Sort out your financial preferences that would help you allot a suitable budget to purchase the property. Get a provisional mortgage if you have plans to borrow money apart from what you plan to pay from your pocket. Ask your financial specialist to suggest a long term repayment plan that would be feasible for you as the lending criteria and the borrowing costs may change during those years.

Hire a foreign exchange specialist

If you borrow money overseas, but earn at home, you have to make sure that the rate fluctuations would not affect the value of your property. The difference in the value of currencies could take the property out of your hands as it

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Dubai Property

Investors from around the world come to Dubai in hopes of investing in property and seldom return empty handed. In fact there are so few cases of people returning empty handed that they can’t even be mentioned because almost everyone who invests here in Dubai, returns with success stories that are enough to inspire others looking to make money and share the experience of investing in the fastest growing city in the world. There are oodles of new development projects featuring exceptional floor plans and innovative features, offering unique growth opportunities to people who invest in them. One of the most well-known and sought after areas for investment is the Dubai Marina, where usually either an apartment or a villa is being bought. People from around the world look for either an apartment for sale or villa for rent in the most flourishing parts of Dubai and then end up decorating their investments using the principles of Feng Shui & vastu happens to be a key ingredient to attract the most jaded interior enthusiast. Another area, according to reports happens to Downtown Dubai, the area which encompasses the tallest building in the world, the Burj Khalifa. Here too,

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Preparing A House For Spring Market

  1. Basic Spring cleaning: There must be a reason, we often do Spring cleaning, whether we are selling or not. Houses are often stressed by the Winter weather, and need some degree of attention and neatening up, after the Winter. Sellers should carefully and thoroughly walk – through their homes, both inside and outside. Be as objective as you possibly can, and identify any areas, which seem to need some sprucing up. This may include cleaning or finishing floors, doing a thorough cleaning, removing clutter, and making the house more attractive for potential buyers. Remember, you only get one opportunity, to make a good, first impression!
  2. Windows; doors; concrete; exterior; etc: Make certain all windows are really clean, both insider and outside. Either do so yourself, or find a window – washer, to do so, for you. Are your doors scuffed, and/ or dirty? Clean them, and touch up the paint, if needed. Do all windows and doors close thoroughly and correctly? Inspect the concrete and black – top areas, repair if necessary, seal the black – top, and thoroughly power wash! Look at the exterior of your home? Does it look dirty and/ or worn? At a
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When the Appraisal Comes In Low

  • Renegotiate the Purchase Price – If your appraisal comes in low compared to the contractual purchase price, you may be able to rework the purchase price so that it is in line with the appraised value of the property. The pitfall however is when you don’t have an appraisal contingency in the purchase contract, which will make you obligated to buy the specific property.¬†An appraisal contingency basically protects the buyer in the even the appraisal report comes in low, where the contract can be terminated and the earnest money refunded. An appraisal contingency may include several terms. Perhaps most importantly ones that prevents the buyer to move forward with the sale even if the appraisal value is low generally with a certain number of days of receiving the official notice of appraisal value. In this case, the seller might be able to renegotiate and try to lower the price to match the appraisal amount.
  • Modify Financing Terms – In the event the appraised value of a home falls slightly short, there are still chances the deal will go through. Remember, buying a home generally requires a certain percentage as downpayment, which serves as a cushion in case
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Miami Lakes Real Estate

The Miami Lakes Real Estate market is booming, as it is one of the favorite getaways for families and for business-driven individuals. Being extremely linked with the Miami City, this town has all the amenities in demand by a growing community/ The town has some of the most beautiful homes and elaborate landscaping in South Florida as well. From buildings to apartments and from famous eateries to metropolitan shopping districts, Miami Lakes is a town full of surprises!

The price range of a single family home starts from about $325,000, and goes up to $2,000,000 with up to more than 200 homes in this amazing town. There are almost 250 condos and apartments for sale at this time – which range from $195,000 to $400,000. The inventory of homes for sale are low. Miami Lakes Real Estate market continues to rise.

In recent years, a number of different foreclosure properties have been made available as well, which allows people to buy a home at a fairly low price, and then re-sell it at a profit to margin basis. Moreover, being well-connected to the Miami International Airport, this town has become one of the eye-catching places for

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Help Protect Your Earnest Deposit

Know the property

Every house, whether a new build or a period home, should have an inspection before being sold. You should also include a contingency in your contract to ensure that you are covered in the event of any unpleasant or costly discoveries.

An inspector will examine everything from the roof to the foundation. Specialist inspectors can be called in to look for any pests, such as termites, or to go over the heating and ventilation systems. Even brand new homes should be thoroughly inspected.

If the inspections reveal any issues, you will need to decide whether to pull out of the deal or proceed. Inspection contingencies are often quite vague and allow the buyer some room to withdraw from the deal and have the full amount of their earnest deposit returned.

Written loan approval and appraisal contingency

You will need written proof of your loan approval, and you will want to make sure the property is not appraised for less than the price you agreed with the seller.

You should include a contingency clause that allows you, the buyer, to receive written confirmation of loan approval before progressing with the

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