Showing posts with label Estate. Show all posts
Showing posts with label Estate. Show all posts

Friday, October 21, 2011

Real Estate in Dubai - A Dynamic Property Market

Dubai is among the leading choices for people who wish to invest in foreign Real Estate. The most progressive of the 7 parts that make the United Arab Emirates offers excellent investment opportunities. The UAE is only 6 hours flight time away from Germany. A short trip and you are in a land of sun and progress. Dubai is a place with an economic growth rate of 6-8%, a 50% budget surplus, excellent architecture, modern infrastructure, and a booming Real Estate and construction industry. No other place in the world has the sort of Real Estate market similar to Dubai.

A lot of the property is still in the form of plans on paper but already the sale and purchase of these properties is good business. There are numerous properties that have already seen many owners despite the fact that construction has not even started. People are making money from property in Dubai that is just land with nothing on it.

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Because of factors like these Dubai has become the best place for investing in foreign Real Estate. You just have to take a look at the Dubai skyline and realize why so many people are excited about property there. It is a remarkable sight to behold in the middle of the desert. Dubai offers some of the highest standards of living when compared to any other part of the world and this only spurs on the Real Estate market growth.

Dubai is a place that is also centrally located in the Middle East making it a convenient location for business meetings among surrounding countries. Because of the great business infrastructure it has also gained a good corporate presence that has lead to excellent employment opportunities. This results in an even stronger economy because of the companies and jobs.

Dubai is among the fastest growing places in the world. There are many skyscrapers that are scheduled to open over the next 4 years. Because of the highest construction rate in the world and the growing economy there are many people that are increasingly looking to Dubai as their preferred location for foreign Real Estate investment. Despite the fact that it has so much going for it you should remember that the Dubai market is quite young. It is only as far as back 2002 that foreigners were allowed to own freehold property in Dubai. Before which only citizens could own property in Dubai, everyone else had to stay on rent.

Even today ownership is allowed only in the freehold areas. Everywhere else you can only get a 99-year leasehold that is the closest you can come to ownership. The good news is that because of the excellent response to freehold property ownership in Dubai other emirates like Sharjah, Ras Al Khaimah, and Ajman are also allowing foreigners to own Real Estate. Anyone who buys property anywhere in the United Arab Emirates is automatically granted a residence permit too. Note that a residence does not entitle anyone to work in the UAE.

Real Estate in Dubai - A Dynamic Property Market

William King is the director of Dubai Property & UAE Property & Dubai Real Estate Portal, Pakistan Property & Pakistan Real Estate Properties Portal and Wholesale Suppliers Traders Distributors & Manufacturers Directory. He has 18 years of experience in the marketing and trading industries and has been helping retailers and startups with their product sourcing, promotion, marketing and supply chain requirements.

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Sunday, September 18, 2011

Miami Real Estate - Living in Miami

Lively place that is charged with the energy of Caribbean waves, Miami is a marriage of city sophistication and alluring beaches. With world class shopping, restaurants that serve gastronomic seafood delights, a colorful arts scene, sports spectacles and loads of family attractions, Miami is considered of the nation's most versatile metropolitan destinations. Living in Miami indeed has so much to offer, not to mention the vibrant tropical weather. If you are led to think that the only way to enjoy all these extraordinary benefits by living in Miami would cost a great deal of fortune, you are wrong. As a matter of fact, the cost of living in Miami is considerably cheaper than that of many other major cities such as New York, Boston, San Francisco, Chicago, and Seattle. In a data set presented by Homefair.com, which lists cities according to the amount of salary you need to make to achieve the same standard of living, Miami fairs well at ,924 way below than for New York at ,204. Those that rival the cost of living in Miami such as Atlanta, Seattle, Indianapolis and Phoenix, do not offer the vibrant weather, dynamic business centers, and scenic attractions that Miami does.

Furthermore, Miami's sales tax is lower the national average. There is no state income tax and no local income tax in Miami--definitely a cost saver. A beautiful home in Miami will cost you less, as will property taxes, car insurance, and electricity. Living in Miami, you will even spend less time commuting than you would in other busy major cities. Overall, you will be spending less on things that aren't fun if you are living in Miami. Thus, you will have more money and time to spend on things that are.

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While Washington, D.C. has the federal government, and Los Angeles has the movie industry, Miami has its beaches. Tourism can rightfully be considered as Miami's "town company". Another of the ilk would be Miami's international business, especially with Latin America. This reflects the wide range of nationalities among people in Miami, many of whom first-generation Americans. Living in Miami is about having all of the excitement of living in an international city. Miami holds more nationalities than one can imagine if you live elsewhere in the United States. Far more people in Miami speak Spanish than English as their primary native language. It is also relatively common to hear people speaking Creole, French or German. Tourism, international banking, and very strong ties with Latin America are what make this city intensely diverse. Living in Miami is like living in a melting pot of cultures, and thus is a very appropriate venue to learn different languages as well as different traditions and ways of doing things.

Living in Miami Beach is highly recommended for young and single professionals. Miami has a superfluity of restaurants, night life, places to hang out and different people to see and meet. For married people who have kids, experts recommend considering places such as Kendall, Coral Gables, and Pinecrest. Pinecrest has a reputation for having the best public schools in the Miami area, and therefore is very conducive for kids who are going to start schooling.

Traffic in Miami is just as busy as traffic in other major cities. Vehicular flow moving downtown can take you about an hour to drive 15 miles or so, yet this is quite typical on rush hours. As a word of advice, long time Miami residents suggest newcomers to try to find a place to live close to your place of work. This is not so difficult to do because quite often one can find less expensive places "nestled between very pricey buildings."

For the professionals, just because you see people in bathing suits more frequently than in other places in the country does not mean that business attire is informal. The good thing is that special considerations are made for the hot weather. For instance, male attorneys do wear suits, but can take their jackets off when the temperatures rise up.

Miami Real Estate - Living in Miami

Earl Juanico www.miamirealestateinc.com

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Monday, September 5, 2011

Real Estate Investment During Foreclosure - Its Pros and Cons

When you think of real estate investment during foreclosure, then you should know about the various positive and negative sides to it. During foreclosures, the prices of properties go down much below the prevailing market value. A foreclosure can take place due to several reasons like loss of employment and matters like divorce.

There are a number of pros and cons associated with real estate investment during foreclosure. Let us first give a look to its pros. The values of homes decline, which becomes beneficial especially for first time buyers as they can buy homes at a price that is very cheap.

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Several homes that face foreclosure are 'fixer upper homes', which means that they require a bit of renovation. Homebuyers sometimes find it very profitable while reselling this type of home as they get a good value by making only minor repairs. As foreclosed homes are left vacant, you can relocate any time you want after the purchase.

Government agencies and banks are always in a hurry to sell these foreclosed properties and they accept offers that are low, with no down payments involved. This will make many sellers offer good deals to homebuyers so that they can sell the house faster.

These were some of the advantages associated with investing into foreclosed properties. It is time that we focus on the cons that go with investing into foreclosed properties. The involvement of unpaid taxes or liabilities can create a great burden when it comes to paperwork, sometimes making it an expensive affair. This can be tackled only by doing your due diligence thoroughly.

There are situations when the previous owners refuse to move out. It becomes very tough to evict them. It all depends upon your skill and wit to convince them to move out. Everything should be clear before you sign on the dotted line.

Another important thing that you need to make sure of is that you conduct ample research work before buying a foreclosed property in a real estate area. This is because most of the properties facing foreclosure come without a guarantee. You need to learn whether the property you are buying is in proper condition or not.

It is important that you hire a property inspector to be sure that everything in the house is fine. If you do not want your hard earned money go to vain, inspecting the house you intend to buy first is very important. Having knowledge on the pros and cons will surely help you in the long run.

Real Estate Investment During Foreclosure - Its Pros and Cons

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Tuesday, August 23, 2011

Making Money in Real Estate on the Internet

Making money in real estate on the internet refers to earning a steady income through the internet. There are many programs on the internet which teach you how to earn a steady return. There are some programs that teach how to make money in properties without any kind of investment. Further, you have online training courses that provide tips for successful investing into properties. You will also learn how creative thinking helps in real estate business. You will also understand the importance of setting goals and the relevance of time management.

Gathering data is an important attribute in the property business since it is quite important to understand the value of the properties before actually investing in them. Apart from data gathering, a person has to have good negotiation skills in order to make money in the property business. You should also be conversant in reading and drawing up contracts along with the ability to close transactions.

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There are online classes where you can learn how to make profits with your investment. These classes teach you about the different kinds of property and also how to manage them. There are many programs online that teach you about property management and also how to sell real estate online. You will come to know about the various finance options available to you.

There are many experts available online who teach you how to make property investments with little money and minimum risks. You will also find online programs that provide you information about buying properties without any income proof or credit scores. There are other investment programs that teach you about how to take advantage of the foreclosures and make money by investing in them. You will also learn about creating steady cash flows for investing in leased properties. Similarly, you will also learn about tax deductions on leased property.

Making money in real estate on the internet involves learning how to use a business line of credit instead of using cash. There are many e-books and software programs that help you understand the relevance of business line of credit. Likewise, there are many sites that teach you various aspects of the selling process. You will be able to learn many creative ways of selling properties on the internet and make good money in the bargain. Apart from these you have many books and online training courses that teach you about making money by selling real estate online.

Another way of making money in real estate on the internet is to look for foreclosure properties. When you go online you will find a variety of homes that are foreclosed in different parts of the country. Choose your location and look for the kind of foreclosed property you want to invest in. It is suggested that you spend as much time as possible in understanding the various aspects of the foreclosure process. Further, when you are dealing in foreclosed properties you must know how to negotiate well in order to get the best bargain. In fact many people have made their careers and become experts in foreclosed properties. As an investor in foreclosed properties you will be able gain on tax deductions.

Finally, for those who want to make money in real estate on the internet it is suggested that you enroll yourself into one of the realty courses online. For those who are looking for getting educational certification in real estate, you have different courses to choose from. These courses will guide you in a phased manner on how to make money in real estate property. Remember, education and knowledge is a terrific combination for making money in real estate on the internet.

Making Money in Real Estate on the Internet

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