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Green Architecture

Earth-friendly Home Designs

These designs are born out of the campaigns of several countries for an environment-friendly lifestyle or sustainable living, which of course includes house designs. Along with this, professionals in home construction and design have also innovated their skill set to meeting these new standards.

When we speak of environment-friendly home designs, this has a lot to do with the materials used to build or renovate the house. For instance, some architects have been practicing the use of biodegradable materials in house interiors.

These design techniques closely resemble that of the ancient times, when majority of the house materials come from natural sources. Even the paint products for the house have to be eco-friendly, which is not only safer for the walls, but for the occupants’ health, as well.

Other strategies being applied by architects is the creation of outdoor rooms in the house.

This means using natural light and air to save on energy for the room. All these, along with eco-friendly household practices easily contribute to having an environmentally sustainable lifestyle.

Adaptive Home Designs

This type of home design deals with two major things:

1) the

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Montana Real Estate

RED LODGE – Sealed in writer, the field at the far septentrion end of Red Lodge reveals few clues some what’s in stock for its proximo. But travel outpouring, as the honours homes go up, locals give looking what its developers describe as a livable, sustainable group.

The initial stage of the Spires at Red Lodge, situated two miles out Highway 78 and septentrion of the golf pedagogy, faculty artless with 66 new residential lots. Fully collective out, however, the 120-acre section would add author than 400 residence sites – and theoretically 1,000 more grouping to the town of 2,300. While the voltage for alter is profound, the development’s designers say they took want to create an element that instrument merge into the dominion, not reduce from it.

“We started out with the reversive whim, ‘How do we figure a localize where we would requirement to smouldering?’ ” said Russ Squire, a real estate broker and handler of the process. Squire touts the Spires for its affordability, its range of the Beartooths, its incomparable facility features, its parks and a proposed travel system.

“It’s got views of leash 12,000-foot peaks,” he said. “And it’s the

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Mortgage Prepayment Penalties

One of the most common terms found in a new home loan is a prepayment penalty. This type of penalty says that if the borrower pays off the loan early, commonly during the first five years of the loan, then the borrower will be responsible for paying an additional amount of money, typically about six months interest on 80% of the mortgage balance. Sub-prime market loans will typically carry prepayment penalties more than standard mortgage loans.

You may plan on keeping the house for the entire duration of the prepayment penalty, and be tempted not to worry about it much. But sometimes life circumstances change, so it’s wise to avoid any type of prepayment penalty if you can. A typical prepayment penalty might equal five months worth of monthly loan payments, so it’s worth checking on. Of course, you should always ask (before you sign) if a new loan has a prepayment penalty. In fact, ask the lending officer to point out to you in the document where a prepayment penalty is discussed.

Most items in a loan are subject to negotiation. If you haven’t signed loan papers yet, and you find that your loan has

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Key Stats for House Hunters

Five Years

Based upon the most recent national rates of home appreciation and prices, you should only consider buying a home if you plan to live there for at least five years; otherwise, your investment doesn’t make much sense financially. This number obviously does not apply to those in the business of fixing and flipping homes. Generally, a home is not a good short-term investment because the hefty transaction costs involved – especially if you obtain a mortgage to finance your purchase. It can take several years of paying off your mortgage loan before you can secure enough equity in your home to profit from its sale. You’ll also want to take into account other costs, like real estate agent fees, annual taxes and monthly insurance – all of which can amount to more than your home’s annual appreciation rate.

Days on the Market

Knowing how long a home has been on the market is one of the most valuable bits of information a house hunter can obtain. The internet boasts hundreds of websites where you can easily find out how many days a home has been on the market; your agent should also be

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Buying a Quality Luxury Flat

There is no definition of what constitutes a “luxury flat”, but many will agree that such a property will have a number of features that place it at the far more desirable end of the property market. These can include the property being situated in a prime neighborhood, a huge amount of space and excellent layout, and the finishes and cutting-edge gadgets integrated into the home.

When looking to buy a luxury flat, here are some tips which will help any luxury home buyer get excellent value for money and also be reassured about the quality of the property that they are purchasing.

Firstly, it is important to consider the neighborhood where the property you are thinking of buying is situated. As mentioned above, this is one of the first aspects that makes your apartment or house special when compared to other offerings on the market. As well as affecting the price of your property, it will also affect its live ability and your enjoyment.

For those with budget to spare, investing in a place in a prime location is always going to be a good thing. The properties will very rarely decrease in value,

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Time to Get Out of Real Estate

Billionaire Sam Zell deftly sidestepped the coming real estate carnage. Then, with prices at generational lows a few years later, Zell bought hundreds of apartment complexes at dirt-cheap prices.

And today? Well, that’s the ominous part…

Once again, Zell is selling his real estate holdings. Last fall, he unloaded a quarter of his portfolio, buildings totaling about 23,000 rental apartments, to Starwood Capital Group for more than $5 billion.

Zell next sold off apartment buildings in South Florida and Denver, with complexes in Phoenix, Boston and other metro areas expected to be sold before the year is out.

“No one has ever accused me of not being a realist,” Zell told CNBC’s talking heads recently.

Few things are more real than the threat of rising interest rates. Concerned about the Fed’s late-to-the-party threats and distorted capital markets drunk on years of zero-interest-rate policy, Zell is getting out while the getting is still good.

In the past few months, new-home sales hit their highest level in eight years. Pending home sales rose by the largest percentage gain in a decade.

Even home flipping is back in vogue again. RealtyTrac, measuring 2015 data,

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Finding the Right Realty Company

Well, before you embark on buying houses, the first tip is to find a good and local realtor. You can also search for big realtors if you wish to but then you should understand that they are less likely to buy a house that has not been repaired. Talk with the realtors in order to get a better estimate of what they have in store for you.

Next, you need to assess your exact needs in details to find a new home for yourself. Are you having a strict budget? Is the only solution to get your home repaired is to sell it? What precisely can be done to take care of you and the ones that live in that house? Firstly, you can ask the realtors to help you. Ensure that if you need a house, they have available. Once you have an idea of your requirements, let your realtors know. It might a pet room, extra parking or other requirements. They might have a perfect rental home only when they know your requirements. Just ask-if you don’t, they won’t know how to help you because they won’t know what you need!

Next, you must

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Real Estate Secrets When Selling Home

Discount Brokers/Limited Service Brokers Can Be a Good Choice.

Regardless of what the industry tells you (including real estate agents) these firms have a place at the dinner table and serve a vital function in the industry. Let’s be honest – all people are a little frugal, and if you could find a cheaper alternative to paying a Realtor, you would. On occasion, discount brokers/limited service brokers can save you money.

Here are two specific cases where we refer our clients to limited services/discount Realtors:

Scenario 1: You have a home under $120,000 (don’t be jealous, Californians and New Yorkers).

Real Estate is a business, and agents are people who rely on that business to pay their own bills. So, if your agent works at a firm that takes a cut of the commission (in many cases 30-50%), the agent must determine if selling your home is a good business decision. Lets look at the numbers:

  • Home Price = $120,000
  • 3% commission (Listing Side only) = $3600
  • Minus Firm Split (35%) = – $1260
  • Minus Taxes (25%) = – $900
  • Minus marketing = – $800
  • Leaves a net
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Selecting A Mortgage Lender

Decide what kind of lender you want – small or large. If you prefer a more personal touch and a lender who will know your name you will more than likely want to go with a smaller lender. If you are the type of person that cares more about the interest rate, a large lender may be your best bet.

Talk to your real estate agent. A top-notch agent will not limit their recommendations to their in-house lenders. And most importantly, savvy loan officers take especially good care of clients that are recommended by real estate agents. So definitely use this to your advantage. This personal connection can be a big help when it comes to reducing closing costs.

Always compare rates from several lenders. This is where your homework begins. As I noted above there are many lending options – neighborhood banks, commercial banks, credit unions and online lenders, so you have many options to consider.

Once you have several quotes, compare the rates and costs and decide which makes the most sense for you. Don’t forget, everything is negotiable so make sure you have the best rate available because a low rate can

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Buying Foreclosed Homes

Before you can even consider making an offer on any foreclosed properties, you must ensure that you are working with a real estate agent that is able deal with banks and other institutions that would own such properties.

Remember that you will be purchasing the property from an institution, rather than an individual, so it is important to work with somebody who has experience in the area. If you don’t you may find that you end up having to wait a lot longer to make the purchase, even if you already have the money to pay for the property.

Financial institutions are looking to sell off their foreclosed homes, but at the same time they want to be able to ensure that the new owners of the property will be able to make the relevant payments. Being able to offer a healthy down payment is a good start, but showing that you have been able to secure a loan beforehand shows that a lender holds you in good stead, which means you have more chance of making a successful offer on a property,

Of course, all of that is advice on what you should do

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