Tuesday, December 1, 2009

721 Sir Richard's Road, Mississauga, Ontario

721 Sir Richards Road, Mississauga, Ontario

Asking $2,195,000 View Virtual Tour
**Note: Login Password is, realestate, to View Slideshow

Grand Foyer
• Dramatic 20 Foot Ceiling
• 5 foot wide dark rich oak staircase
• 48” oval medallion
• Limestone flooring 18” x 18”
• Solid oak hand railing with wrought iron pickets

Living Room
• 11.5 foot smooth coffered ceiling
• Elegant natural wood burning cast limestone finish fireplace
• Two front windows
• ¾” x 4 ¼ charcoal finish oak plank flooring

Dining Room
• 10 foot smooth ceiling with 8” crown moulding
• 8 foot pocket door to Butler pantry
• Butler pantry with dishwasher & window
• Bow window
• Limestone flooring 18” x 18” in Butler pantry
• ¾” x 4 ¼” charcoal finish oak plank flooring

• 10 foot smooth ceiling
• Tumble marble backsplash
• Imported Granite counter tops
• Centre island with under mount sink & breakfast bar
• Separate vegetable sink
• Top of the line Built-in Jennair stainless steel appliances
• 48” double door refrigerator with ice maker
• Six burner pro gas line cook top grill
• Convection Oven
• Programmable microwave
• Selba custom cabinets with raised panel doors featuring exclusive Brian Gluckstein finished
• 100 lb rated soft closing drawers & doors
• Custom crown moulding on upper cabinets

Great Room
• 10 foot smooth finished ceilings
• Direct vent gas fireplace
• Limestone flooring 18” x 18”
• 8” crown moulding
• Open concept overlooking kitchen/breakfast area
• Three large windows overlooking rear yard

Master Bedroom (Main Level)
• ¾” x 4 ¼” charcoal finish oak plank flooring
• Walk-out to balcony
• Two sided gas fireplace with natural stone finish

Spa Ensuite
- Eight jet two person whirlpool tub
- Floor to ceiling imported 12” x 24” thick Limestone on walls
- Two headed shower
- Kholer Bidet
- Custom vanity cabinets, his & hers, complete with shaker panel doors & soft closing doors & drawers
- His and Hers China sinks • Custom designed walk-in closet organizer featuring solid wood drawer boxes

Second Bedroom (Main Level – Optional Home Office)
• ¾” x 4 ¼” charcoal finish oak plank flooring
• 4 piece semi ensuite
• Walk-in closet (pre wired for electricity and CAD 5)
• 16” x 16” Limestone on ensuite floor, tub & shower walls

Third Bedroom

• ¾” x 4 ¼” charcoal finish oak plank flooring
• Walk-out to balcony
• Walk-in closet
• 6 piece ensuite/separate shower
• 16” x 16” Limestone on ensuite floor, tub & shower walls
• Kohler Bidet

Fourth Bedroom
• ¾ x 4 ¼ charcoal finish oak plank flooring
• Walk-in Closet
• 5 piece ensuite/separate shower
• 2” x 2” marble on shower walls and tub
• 16” x 16” limestone on ensuite floor, shower walls and soaker tub

Fifth Bedroom
• ¾ x 4 ¼ charcoal finish oak plank flooring
• 4 piece ensuite/separate shower
• Walk-in closet
• 12” x 12” limestone on ensuite floor, shower walls and tub

Media Room (Second Level)
• ¾ x 41/4 charcoal finish oak plank flooring
• Walk-out to Balcony
• 11 foot coffered ceiling
• Pre wired for surround sound home theatre

• 200 amp electrical service breaker panel
• Upgraded light fixtures in kitchen, breakfast area, all bedrooms and walk-in closets. Upgraded light chandeliers in dining room and foyer
• 90 four inch halogen pot lights placed throughout the home in the main hallways, family room, kitchen, master bedroom, media room and great room
• Individual lighting with upgraded fixtures over all vanities and pedestal sinks
• Damp proof pot light in all showers. Two in the master ensuite
• Convenient electrical outlets in all garages, near front entry, at rear of home and next to electrical panel in basement
• White Decora light switches and electrical outlets throughout
• Eight hard wired photo electric smoke detectors and four carbon monoxide detectors. Detector within 15 feet of all bedrooms
• Programmable electrical door chime
• Cable TV outlets in family room, great room, media room, kitchen, master ensuite, and all bedrooms
• Telephone outlets in family room, great room, media room, kitchen, master ensuite, and all bedrooms
• Category 5 Ethernet wiring in family room, great room, media room, kitchen, guest bedroom/den, and master bedroom
• Hi fidelity surround sound wiring in living room and media room
• Dining room wired for stereo sound feed from Great room
• Central vacuum system with nine outlets
• Heavy-duty outlet for oven, and clothes dryer
• Electrical copper wiring throughout
• Exterior light fixtures as shown on elevation plans
• Ceiling outlets in garage to power the garage door openers
• Additional exterior lighting as indicated in the exterior features section
• Security system with the three separate controllers (main entry, garage entry, upper level), door sensors on all exterior doors (including garage doors), window sensors on all main level windows, and motion sensors on second floor, supplied and monitored by Chubb Security

Heating and Insulation
• Two Bryant two stage high efficiency forced air gas furnaces with central air conditioning system professionally sized for the size of the home
• 2” x 6” exterior wall construction with R-20 fiberglass insulation value
• R-40 fiberglass insulation value in the upper level ceiling
• R-20 fiberglass insulation for sound damping in laundry room (walls and ceiling)
• Professionally sized Heat Recovery and Ventilation (HRV) system

Exterior Features
• Own Sound Premium natural limestone facings on front, rear and side elevations
• Old Abbey-Scarboro clay brick. Accent brick with soldier coursing, arching, keystones, header sills, accents, ranked front masonry joints and other masonry detailing in brick
• Cast limestone trim and sills on all front and rear elevation openings
• Sandstone pre-finished maintenance free soffits fascia and ceilings of exterior porches, aluminum eaves trough and downspouts
• Custom designed front entry doors with transom window above and smoked glass inserts featuring wrought iron patterns
• Architecturally selected low E glazing, argon filled thermal double paned vinyl casement windows on all elevations
• Interior walls of garages finished with drywall, taped, sanded and sealed smooth
• Thirty year guarantee “slate black” mix asphalt roof shingles
• Steel reinforced garage slabs minimum 6” thickness and insulated garage doors
• Poured concrete foundation walls with damp proofing and waterproofing membrane
• Two gas BBQ hookups
• Three hose bibs
• Asphalt paving on driveway
• Underground sprinkler system

Tuesday, October 13, 2009

374 Country Club - Additional Features

374 Country Club Crescent - $2,199,000
First Floor Plan Layout
Second Floor Plan Layout
View Virtual Tour Here

Additional Features:

Grand Two Storey Entry Foyer:
  • Solid Mahogany Entry Doors with wrought iron detail - 9ft 4in high X 2-1/4" thick
  • Dramatic 20ft Ceiling
  • Double spiral dark oak staircase with wrought iron railings
  • Cantilevered 2nd floor landing
  • Running bond travertine flooring
  • Plaster medallion accenting Hinkley Chandelier

Great Room
  • Wood burning fireplace with custom stone cast facing and mantle
  • Surround sound Polk Audio/Yamaha home theater featuring 58" 1080p Samsung plasma screen
  • Coffered ceiling in great room
  • Wine bar with custom dark walnut cabinetry with leather finish granite storage for over 250 bottles
  • Oversized windows with views of rear yard and gardens featuring double french door walk-outs to 700 sq.ft. cedar rear yard deck

  • Custom designed Perola Kitchen Cabinetry, exclusive dark walnut and glazed antique maple
  • Birch drawer boxes with soft close feature. Recycling center on island. Magic corner storage racks on cook top base cabinet
  • Kitchen cabinetry features Titan granite countertops imported from Spain with upgraded nosing
  • Extended length upper cabinets and full-length pantry cabinets
  • 48" Sub Zero stainless steel fridge, Wolf four burner/griddle cooktop, Wolf double wall mount ovens, Sharp drawer microwave, two Miele dishwashers
  • Walk-in Pantry with upper and lower shelf storage cabinets
  • Walnut butler servery cabinets with sink and dishwasher
  • Extensive under mount and in-cabinet halogen lighting
  • Double compartment stainless stell undermount sink with upgraded single lever pull out faucet. Vegetable under mount sink with upgraded faucet in servery

Master Bedroom
  • Grand spa 9 piece ensuite floor to ceiling limestone walls, 3 shower heads and body jets, custom his and hers vanities featuring wall mount faucets and ceasarstone counters, 2 person whirlpool tub, and water closet with bidet
  • His and hers custom vanity cabinets in master suite complete with walnut panel doors/drawers and full extension metal drawer slides. Soft closing doors and drawers. His and hers custom vanity cabinets in master suite complete with walnut panel doors/drawers and full extension metal drawer slides. Soft closing doors and drawers.
  • Two-sided gas fireplace with granite facing
  • Sitting room with lake view
  • Walk-in closet features custom maple cabinetry
  • Spectacular 8ft high French Doors
  • Independent sound 'zone' control in master suite
  • 10' raised coffer celing with crown moulding

Bedroom Suites
  • Guest and master suite feature 10ft raised coffer ceilings with crown moulding
  • Ample walk-in closets for 3rd & 4th bedrooms. 8ft wide closet organizer.
  • All bedrooms wired for cable, phone, internet, and wall mount televisions
  • Independent furnace, A/C and humidifier control for upper (bedroom) level
  • 2nd Bedroom has 3-pc ensuite
  • 3rd & 4th bedrooms share a 5-pc semi-ensuite
  • Guest and shared suite vanities feature under mount china basins. Powder room features Azo Vessel sink imported from Italy
  • Bordeaux granite countertops
  • Wood framed oversized mirrors over all vanity cabinets and pedestal sinks. All showers enclosed with upgraded 10mm tempered glass enclosures and doors
  • Toto soft closing toilets in all bathrooms

Exterior Features
  • Owen Sound Permium natural limestone facings on front, rear and side elevations
  • Old Abbey- Scarboro clay brick imported from USA. Accent brick with soldier coursing, arches, keystones, header sills, accents, raked front masonry joints and other masonry detailing in brick
  • Cast limestone trim and sills on all front and rear elevation openings
  • Sandstone pre-finished maintenance free sofit, fascia, and ceilings of exterior porches, aluminum eaves trough and downspouts
  • Custom designed solid mahogany front entry doors with smoked glass inserts featuring custom wrought iron railing
  • Architecturally selected low E glazing, argon filled thermal double paned vinyl casement windows on all elevations. Colour matched to sofit-fascia trim. Pewter finished metal insert grills.
  • Interior walls of garages finished with drywall, taped, sanded and sealed smooth
  • Thirty year guarantee, "slate black" mix asphalt roof shingles
  • Steel reinforced garage slabs minium 6" thickness
  • Sectional raised-panel insulated garage doors featuring old carriage style design
  • Steel reinforced poured concrete foundation walls with damp proofing and waterproofing membrane
  • Owen sound stone front walkway and step
  • Three exterior hose bibs
  • Copper (patina - oxidized copper) roof bay window
  • Seven zone Rain Bird programmable sprinkler system
  • Seven hundred square foot cedar deck featuring hidden fasteneers, strudy 2X10 inch floor joists, and sixteen 12in x 4ft concrete foundation piers. Treated with waterproffing finish

Interior Features
  • 9' ceilings on main level, upper level, and basement
  • Elegant natural wood burning cast stone finish fireplace with mantel in great room
  • direct vent gas fireplaces in master bedroom
  • Handcrafted spiral solid oak staircase with 1-3/4in treads
  • Solid oak hand railings with wrought iron pickets, custom finished
  • 6.8' high solid core Capri pocket door in guest bedroom suite
  • 8' high solid core raised panel Capri doors with sound dampening feature on main and upper levels.
  • Solid American Popular 7-1/2" sculptured baseboards and 4-1/2" sculptured casings painted in accent oil based snow white pearl. Upgraded pewter enlongated handles with complementing hardware throughout
  • Custom designed master bedroom walk-in closet organizer featuring solid wood drawer boxes. All other closets feature steel wire closet organziers.
  • All sub floors are 3/4 in. tongue and groove plywood, glued, nailed, and screwed. All ceilings are finished smooth
  • Coffered ceiling in great room, master and other bedrooms
  • Custom designer interior wall paint colours in eggshell sheen

Laundry Room
  • Extensive cabinetry and shelving featuring extended full length granite countertops in laundry room. Wall hidden Ironing Board with outlet
  • Single oversized under mount stainless steel tub in laundry room
  • Laundry room exhaust fan and dryer vented to the exterior
  • 3-piece rough in for future bathroom in basement

  • 200 amp Siemens electrical service breaker panel
  • Upgraded light fixtures in kitchen, breakfast area, all bedrooms and walk in closets. Upgraded light chandeliers in dining room and foyer
  • 90 four inch halogen pot lights placed throughout the home in the main hallways, family , kithcne, master bedroom, guest room and great room
  • Individual lighting with upgraded fixtures over all vanities and pedestal sinks
  • Damp proof pot light in all showers. Two in the master ensuite.
  • Convenient electrical outlets in all garages, near front entry, at rear of home and next to electrical panel in basement
  • White decora light switches and electrical outlets throughout
  • Hard wired photo electric smoke detectors and carbon monoxide detectors. Detector within 15 feet of all bedrooms
  • Programmable electrical door chime wired into telephone system with front door security camera wired into kitchen computer/television
  • Cable TV outlets in family room, great room, kitchen, master ensuite and all bedrooms
  • Telephone outlets in family room, great room, kitchen, master ensuite, and all bedrooms
  • Category 5 Ethernet wiring in family room/den, great room, kitchen, and all bedrooms
  • Hi fidelity surround sound Great Room. Dinig Room, Kitche, and feed from Great Room (zone 2). Master Suite features stereo sound feed from Great room (zone 3)
  • Heavy Dury Central Vacuum system with nine outlets
  • Heavy-duty outlet for oven, and clothes dryer
  • Electrical copper wiring throughout
  • Exterior light fixtures as shown on elevation plans
  • Ceiling outlets in garage to power the garage door openers
  • Pre-wiring for landscape lighting in front and rear yards
  • Security system with three separate controllers (main entry, garage entry, master suite), door sensors on all exterior doors, window sensors on all main level and basement level windows, an dmotion sensors on 1st and 2nd floor, supplied and monitored by ADT Security
  • Battery backed up sump pump system with water level sensor wired into security system

  • Two Bryant two stage high efficiency forced air gas furnaces with central air conditioning system professionally sized for the home and installed by Prima Air. Independent 1st level and 2nd level comfort controls
  • 2" x 6" exterior wall construction with R-20 fiberglass insulation value.
  • R-40 fiberglass insulation value in the upper level ceiling
  • R-20 fiberglass insulation for sound damping in laundry room (walls and ceiling)
  • Professionally sized Heat recovery and Ventilation (HRV) system
  • Dual humidifier systems

  • Imported Limestone 18" x 18" tile in front entry, kitchen, dinette, butlers' pantry and bar. Improted Limestone or Marble tiles in all bathrooms and laundry room.
  • 3/4" x 5" hand sculpted walnut finish white oak plank flooring in family room, great room, dining room, and entire 2nd floor (excluding bathrooms)
  • All individial shower enclosures tiled with natural stone. Waterproof membrane and minimum 1" slope concrete bed. Stone sealed for water protection.

  • All interior windows, doors and trim painted in pearl oil based premium
  • Interior walls (excluding unfinished basement) decorated in eggshell latex paint with one coat of primer and two coats of finish. Designer colors throughout home
  • All ceilings finished smooth and painted with one coat of primer and two coats of ceiling white latex

Wednesday, August 5, 2009

Understanding Ontario's Harmonized Sales Tax

Single sales tax Information Notice 2, June 18, 2009- From Ontario Government Site - Go to Gov Site to View Entire Article...

The 2009 Ontario Budget proposed a comprehensive package of tax changes. Central to this proposed tax package is a single, value-added sales tax, which, subject to legislative approval, would come into effect on July 1, 2010. This bulletin provides details of further proposed measures that would build on the comprehensive tax package and help taxpayers and businesses transition to the single sales tax. The measures proposed today would help Ontarians buying new homes and support a strong housing industry.

Enhanced New Housing Rebate

The province is proposing an enhancement to the new housing rebate that was announced in the 2009 Ontario Budget[1].

The new housing rebate would be enhanced so that new homes purchased as primary residences across all price ranges would qualify for a rebate of up to $24,000, while continuing to ensure that, on average, new homes priced up to $400,000 would not be subject to additional tax compared to the retail sales tax (RST) currently embedded in the price of new homes.

The effect of the enhanced rebate would be to apply the provincial portion of the single sales tax at a rate of two per cent on the first $400,000 of the purchase price of a new home and at a rate of eight per cent on the portion above $400,000. The rebate would be calculated as 75 per cent of the provincial portion of the single sales tax payable on the purchase of a new home, up to a maximum rebate of $24,000.

Monday, June 15, 2009

Homes in West Mississauga

Find Your Home Today in West Mississauga...

Friday, June 12, 2009

1000 Cedarglen Gate, Mississauga

European Style Condo in the Heart of Mississauga

Thursday, May 14, 2009

Initial Steps For a Bathroom Remodel

So why would people want to modernize a bathroom? It is simply a bathroom , correct?

You may possibly be amazed to find out that an updated bathroom can almost certainly increase thousands of dollars to the price of your address. Many individuals spend a lot of time in the water closet - more than one might believe. This is where we wash and baby and prepare ourselves. People can concentrate their house redesign on kitchens, bedrooms and living rooms. But after it comes the time to put your residence up for sale, or have the worth of your home reassessed, an outdated bathroom can decrease the total value of your home.

Redesigning your facilities can be uncomplicated and inexpensive. You have a few most important zones or items in your bathroom that you must center on when giving the bathroom a small facelift: The toilet, the sink, the tub and some final ingredients.

Let's be open, you are aware that anybody who spends time in the bathroom uses the toilet. It is possibly the most required item in a bathroom. The toilet itself does not need to be ultra decorative. When you remodel, typically you don't even need to replace the toilet unless it's visibly in need of replacement. A new toilet seat, cover and a first-class scouring may be all that is required. Even if it is simply a toilet, it should not be uncared for.

The next article you should focus on in the course of a bathroom transformation is the sink. You should try to get a sink and bathroom vanity that complements the length and width of the bathroom. If it is a undersized area, you absolutely do not need to go with a dual basin. A smaller, unconnected vanity will be more apt for a smaller bathroom. If the tops of the counters near your basin are sound, you may perhaps just need to trade the bathroom faucets and hot-and-cold water handles. Endeavor to acquire something that matches acceptably to the rest of the items in the bathroom. If the toilet handle is silver, try to match up the spigot to the toilet, and make it silver as well. At this time, renovators look like they lean toward a more modern-day d├ęcor. Installing a vessel sink rather than traditional bathroom vanities may be the right step for your project.

The third object to consider is the tub. Now this might vary depending on what sort of shower or bath you have. If you own a tub in your bathroom and expense is not important, it is strongly recommended that you install a Jacuzzi bathtub. Many people like a bathroom that has a Jacuzzi tub, and will give a lot more for one. Not only will the bathtub then be to bathe, it will also suggest a stretch to calm down and be spoiled. If the bathroom has a shower only, consider putting in contemporary tile or swapping out the fixtures. It is crucial to remember that it must be desirable to spend time in.

The last focal point in remodeling your bathroom is doing the finishing touches. New wallpaper or paint will make a room look like new. At the time you choose a hue to cover your room, try to think of what both buyers and visitors would fancy, not only what you like. A word of advice when painting is to keep your colors pale or pastel; this way other people will be able to picture themselves in the room without difficulty. Applying an intense or distinctive hue does not gratify each person's taste and may turn your buyers away.

Match all of the towel hangers, magazine racks, drawer handles, doorknobs, and so on. Variances between accessorizing pieces can be a disasterous blunder. If decorative items are not matched it causes the space to seem shoddy and of low quality. Nevertheless, if all individual elements of the room suit each other, it produces a unison that imparts a professional and stylish bathroom.

Real Estate Hawaii

With eight major islands and many others Hawaii is another state of United States of America. Attracting many people from all over the world Hawaii has become one of the most favout=rite holiday destination of many travelers.

real estate hawaii

Real estates in Hawaii is one of the most demanded considering the natural beauty and the weather climate it has with the loveliest beaches. Rich in greenery and amazing mountains gives a unique appetite for people who are in search of real estate for hotels or houses.

With the natural breeze coming from the central pacific ocean Hawaii will ensure that one would have a peaceful holiday. The value of the lands in Hawaii is expectedly so high for the very fact of it being a glamorous holiday destination.

Condos are a vital factor in Hawaii real estate. Rather than spending a lot of money on a house people would prefer spending their holiday in a condo or a hotel. Until recently when people started investing for their own land in Hawaii the value of a condo has always been on  the rise.

real estates hawaii

There isn’t any lacking of online real estate service providers in Hawaii. With several houses and lands these website do consist of lot of valuable information. Renting houses or selling land has become a very effective way of earning money especially in a tourist destination like Hawaii.

Waikiki beach is one of the most attracted sites in Hawaii situated in the island Oahu. But from January 2009 the market has been slowing down to a 10% decline in both single family houses and condominium. The recent economic crisis in USA would probably have resulted in all those declines in land values.
Houses built nearer to the sea have much bigger value than the ones away from the sea. With a high demand for the coastal areas it is often found that they are more densely populated. Not to forget the majestic mountains in Hawaii which will also increase the value of a land.

hawaii properties

Other than a bare land buying a real estate in Hawaii could be very exhausting at times.This is where internet would come in handy by saving your time and money. An online marketing website could not only save your time but also some money because of the competition they get from other websites. So looking for a house or a condo in Hawaii to spend your next holiday? Why not search in the internet?


Real Estate Sacramento California

sacramento real estate news

Welcome to one of California's fastest growing hometown communities. Families are choosing Sacramento, California  as the place to make their home because of superior schools, excellent business opportunities, and phenomenal surroundings. It is no wonder that today's residents are staking their claim of Sacramento real estate. Founded at the confluence of the Sacramento and American river because of the 1849 Gold Rush, the greater Sacramento area today presents terrific opportunities for the valley home owner. Sacramento's economy ranks 79 out of 172 if it were a nation. High-tech output of the region places Sacramento at 21st out of 100 other metro areas. MLS Listings classifieds feature to keep current on the Greater Sacramento Real Estate arena.

There are over 14,078 single family homes, and even more condos, land and investment property in Sacramento, Downtown Sacramento, East Sacramento, Elk Grove, Laguna, Pocket/Greenhaven, Landpark, and Natomas that make up the whole area.

Greater Sacramento Real Estate MLS Listings are usually from the Realtors MLS or Sacramento Multiple Listings of homes. There are also other "mls" lists of homes available in SAC. The for sale by owner listings or fsbo mls, and the Foreclosure and distressed homes for sale. Like Foreclosures, NOD's, Bankruptseys, and so on.So feel free to look through all of the available properties in and around the State Capital.

Sac was ranked by Newsweek as 1 of the 10 best cities in the Nation. Nearly 1.7 million residents choose to make Sacramento home because of more than 120 city parks, 1000 miles of waterways, nearby Folsom Lake and Lake Natoma, the Sacramento Kings, Sacramento Monarchs, Sacramento River Cats (Triple-A baseball). And the following attractions are only a skip over to Lake Tahoe, ski resorts, the Mother Lode and Napa Valley.

Sacramento takes education seriously with top educational facilities from grade school on up through College.There are JC's as well as Sac State University and the UOP School of Law.

Sacramento was California's first charter city and this great city has a deep rich historical past and a prosperous future.

What exactly is a real estate offer generator

You can find in the Internet some real estate appraisal software that helps you to make specific tasks. For instance, the experience of use a real estate offer generator can help your real estate business to calculate the offer price of a rental house or apartment. If are seriously overwhelmed in the real estate business this article is right for you. No matter if you looking for properties for rent, and then rent this property to other people, a real estate offer generator is the perfect solution if you want make beneficial business for you. Nowadays we are experiencing a tough financial crisis that is impacting our economies around the world. In many places in Europe and especially in United Estates have at hand revolutionary tools will make the difference on each commercial transaction, this type of tool is vital for anyone looking for the concept of purchase a house or anyone involved in a serious property course.

If you are a real estate investor it is good software that you can use to make precise calculation regards to property investment and net operating income. I think that if you are not completely involved in real estate business you don’t have to pay a lot of money for a full real estate appraisal software that make all kind of real estate functions. Probably you only require of the goodness of software capable to do the functions of a real estate offer generator. There is an available version of this software that can be downloaded it from several websites. Its original name is “Real Estate Offer Generator 1.5” that you can install in your personal computer and I seriously believe it is the best real estate appraisal software and can help you not only in research but for understanding how the market works in your area and how to make good profit from your real estate business.

Real estate investment information in Colorado

The Centennial State, (named for its 1876 admittance to the Union), Colorado is mainly believed to be a vast desert of frozen lands an snow capped mountains. In reality, Colorado real estate offers some of the finest homes and land opportunities in the nation. Much of Colorado is attractive to vacationers and tourists for their skiing, snowboarding, and casinos, yet, the real beauty in Colorado is the picturesque views, panoramic scenes and amazing wildlife, not to mention the relaxing lifestyle.

From the hurried lifestyles of the big cities like Denver to the relaxing solace found in Durango, Colorado real estate can offer a homebuyer quite a vast array of options. Choosing a home site in suburban Denver is easy as there is always an ample supply. For instance, the town of Bow Mar, laid out in 1958, offers a peaceful community with each home site covering at least one acre. This opportunity in Colorado real estate even offers a gorgeous view of the Rocky Mountain foothills just a glance away.

If your preference is the mountain lifestyle, then Conifer might be the place you want to purchase your piece of Colorado real estate. Originally occupied by Native American tribes and used as prime hunting grounds, it is a mere 15 miles from Denver. Nestled in between huge blue spruce and pine trees are a mixture of idyllic cabins and fabulous new homes. The Pike National Forest runs right through the town and often wildlife, such as deer, elk, and foxes can be observed in the hills of Conifer.

If luxury and elegance are more your taste in Colorado real estate, you may want to join the exclusive communities of Aspen, where you can find the Hala Ranch, a $135 million estate covering 95 acres, a tremendous mansion over 55,000 square feet, with 16 bathrooms and 15 bedrooms. It also flaunts several smaller buildings, stables, and recreational areas such as a tennis court, an indoor pool, steamroom, and exercise room. Outdoors, of course are the requisite cross-country ski trails and a fishing pond.

Colorado real estate offers many opportunities from the smallest of villages to the largest of major metropolitan areas. Choosing a community that suits you best may be your only difficult decision since there are a vast amount of outdoor activities all over the state. The State park system will always have plenty for you to do, you only need to choose the Colorado real estate that puts you near the action you want.

1155 Willow Lane, Mississauga, Ontario

1155 Willow Lane, Mississauga, Ontario - Fabulous setting directly on the credit river -
Go see the virtual tour

Wednesday, May 13, 2009

Tuesday, May 5, 2009

Saturday, April 25, 2009

A Lesson About Market Value

If you ask "How much is my house worth?" I have two answers for you. First, if you don't really need to sell it, it is worth whatever you say it is. If you can honestly say, "I wouldn't sell this house for less than $300,000," then it is worth that much to you. Of course, if you need to sell it, what it is worth to you is entirely irrelevant.

Market value is the only relevant value once you are ready to sell. This is the value according to all the home buyers out there. They don't care what you spent renovating the house, or what you originally paid. Spend $50,000 adding a pool, and they may only pay $20,000 more for the home. Real estate is worth what the market says it is worth.

A True Story About Market Value

As a real estate agent, I once did what was then called a "comparative market analysis" for a young couple who were getting ready to sell their home. This is sometimes just called a "market analysis," a "selling price analysis," or something similar. It essentially consists of comparing the home to others that have recently sold in the area, to see what it should sell for.

I spoke to the couple, looked over the home and took my notes. I promised to return the next day. I carefully dug through the "sold" books (this was before everything was computerized) and found nearby homes that had sold within the last six months or so. I did my adjustments and all the other work that I had to do, and came up with a market value of $115,000.

"$115,000!" They blurted out in unison. I was sitting with them at their kitchen table, and I had all the papers with me. I showed them the "comps," or the listing information on homes that had sold. I felt that I did my homework well.

"But we paid $90,000 for the house two years ago and last year we put $40,000 into remodeling the kitchen!" Having perhaps a bit less tact than I have now, I politely explained that I took the kitchen into account. The kitchen was lovely, I assured them, and their $40,000 investment had probably raised the value of the home by $10,000. Neither a market analysis nor a formal appraisal can take into account the desires, feelings or expenditures of sellers.

They chose not to list with me. Normally in a case like this, the sellers then find a real estate agent with lots of patience or little business. That agent agrees to list the home for too much, hoping that one day the sellers will get desperate to sell, finally face reality, lower the price and take their lumps. The sellers often get frustrated waiting, and end up selling for even less than they would have gotten if they had priced it right to begin with.

Market Value

What is market value? It isn't what you have into your house. It isn't what you feel it is worth. It is what the market will pay. How do you figure out what the market will pay? For single family homes, the most effective method is a comparative market analysis, whether done by a real estate agent or as part of a formal real estate appraisal. You can even learn to do this by yourself, but that is a topic for another article.

Real Estate Negotiation - The Art Of The Compromise

Real estate negotiation is a book-length subject, and one of those reasons why it can sometimes be a mistake to sell your property on your own. A good real estate agent, after all, should have some good negotiating skills learned from experience. However, there are some things you can learn a piece at a time, and this is one of them.

Of all the techniques of real estate negotiation, and of negotiation in general, the compromise is one of the most common. In fact, it is so much a normal part of negotiation, that people often forget that it is a "technique." Both sides expect to have to compromise on many points, and it is the easiest way to settle a difference. How you arrive at that compromise, though, is crucial.

Negotiating A Compromise

It is common for someone to say something like, "Look, we're only $6000 apart now. You want to $204,000, and I want $210,000. Why not split the difference and make it $207,000?" This idea of "splitting the difference" has become a cultural norm. Even if it isn't agreed to, it seems reasonable and non-offensive to suggest it.

The question however, for the smart negotiator, is how this "difference" is arrived at. Where did negotiations begin, and how did they proceed? Did you start at $230,000, and the other side $200,000? Did you give a little or a lot at each step? What about the other side?

Using the example above, suppose you had only dropped your price to $216,000, instead of $210,000. The difference between that and the $204,000 on the other side would be $12,000.  In this case, "splitting the difference," would mean a price of $210,000. You can see that it's important what you do before the compromise.

Obviously, extreme initial positions can help here - if you don't just chase the other side away. Buyers use this technique all the time, and it works. An investor doesn't expect to get a property for 20% less than the asking price, but offering that plants a seed of doubt in the sellers mind as to the value, and it lowers his expectations. He might be happy with a compromise that gets him 10% less than the asking price - even if he would have rejected it out of hand as a first offer.

Moving in smaller increments helps you win a better compromise. For example, as a seller, you can let the buyer come up $2,000 at a time from his first offer, while you drop your price by only $500 with each counter offer. At some point a compromise will be suggested, and it will be at a higher level thanks to your strategic moves.

Being too obvious in using a real estate negotiation technique like this can scare the other side away, though. To make it more subtle, you may want to also negotiate for other points that are of little concern to you. This gives you something to "throw back in the pot" when it's time for a compromise.

For example, if a buyer expressed some interest in having the washer and dryer stay with a house you are selling, you can dismiss the idea - even if you have no use for them. This gives you something for later. When the buyer hesitates over a proposed compromise, you can say, "Look, why don't you take the washer and dryer too, and we can sign this right now."

Certainly you should learn at least several real estate negotiation techniques if you are investing in real estate or selling your own home. Learning the art of the compromise is a good start.

Sell your home easily..

What do buyers need when they plan to buy a home? In fact, there are so many aspects one needs to consider. In the seller's point of view, you should follow some home selling advice. Here are some advices for your success of selling home:

Here is the first step to sell your home. Make a best first impression to your buyers so that they are attracted to buy your home. Get rid of dirt and rubbish, remove all clutter, repairs all flaws of your home, get rid of unused furniture to make it looks spacious.

Don't forget to decide whether you pay an agent to sell your house or you just do it by yourself. Pay a realty agent gives you a little effort for you to sell your house. An agent will carry out all of business in correlation of your home selling checklist. You just hire an agent and pay him. But it will spend costs of course. So, it’s up to you to pay a little effort or bigger one.

Now if you don't really know how much your house is work, be smart, contact today a real estate appraisal software so when people approach to you to purchase a house, you know how much you should get for your property. 

As a last advice: Get familiar with financing terms, such as mortgage financing (fixed, adjustable, seller financing, assumable loans), pre-qualified, pre-approved, commitment.

Also keep in mind selling home by yourself is not as easy as it seems but it is worthy to do because you can save about 2-6% of your selling price. Selling home privately is sure going to take much time and efforts for you to sell it.

If you find too difficult to sell, or do not want to sell money in spending take a real estate course. It will surely help you in the process of selling a home.

Your Home Buying Checklist

A good home buying checklist, like any good checklist, can make things go more smoothly. You will have to put your own list together according to what your own needs, but here are some items that will be common to most home buying lists.

___ Prepare. Consider not only what monthly payment you can afford, but how much you want to afford, given your other goals. Check your credit report and take actions to improve your credit score. Make a list of what you want or need in a home, and prioritize it in case you can't get everything.

___ Choose an area in which to focus your search. What do you need in a town or neighborhood? Use online resources to investigate towns. Check crime rates online. Investigate schools. Look at local newspapers online to get a "feel" for a town.

___ Get pre-approved. Gather pay stubs for the last few months. Find recent bank statements, tax returns, w-2 forms, proof of other income. Ask questions about loan options (take notes). Make copies of pre-approval letter to submit with offers.

___ Start home shopping. Browse online listings. Look in newspapers, and real estate guides. Find a real estate agent that is active in the area you are interested in, and with the types of houses you are looking for. Consider a buyer's agent. Explain clearly what you are looking for. If the agent shows you homes that clearly don't fit your criteria, fire him. Take notes on homes you see.

___ Look at the homes. Does the home meet your requirements? How does it feel when you walk through it? Look at the neighborhood. Ask the agent about any problems the home may have. Take a photo, or write a description, so you'll remember the home after looking at others. Ask a lot of questions. Use a home inspection checklist, taking notes to pass on to a professional home inspector.

___ Make a decision. Does the home work for you? Find out the appraised value if possible. Find out why the seller is selling. How does the home compare to others you have seen? What is the home worth to you, based on what you know of values at this point? Ask the agent if there have been other offers, and what happened with them.

___ Make an offer. Have the agent help, but don't reveal your thoughts on possible negotiations. Write your earnest money check to an agency, or the real estate broker if they have an escrow account. Be clear in the offer as to what stays with the home. Specify who will pay for each closing cost. Include contingencies for any necessary inspections.

___ Complete the purchase. Arrange inspections as soon as the offer is accepted. Satisfy any other contingencies in the offer. Get a loan commitment from a lender. Get a firm closing date. Buy home owners insurance. Get a closing statement. Obtain the cashiers check for the closing.

___ Prepare for the move. Once closing is certain, arrange for transfer of utilities to your name. Mail change of address forms to post office. Start packing. Hire a mover. Transfer prescriptions. Get kids registered in new schools.

As a final item on your home buying checklist, check out everything thoroughly when you arrive at your new home. It should be in the same (or better) condition as when you made the offer.

Home Investing -The Proper Way to Start

Always begin with cheap home insurance. Have you begun Property Investing? If you have, congratulations to you; you see, it is one of the most profitable businesses that you can be involved in. Once you know how it all works, you can already reap huge money in the coming months and years. 

If you have a weak heart, this is not the business endeavor for you. True enough, Real Estate Development can give you huge profits but then if you don't know how it works, you can also lose huge money. In fact, many investors leave the business due to bankruptcy. If you know where you're going, you will not get lost. Educate yourself about the many areas, foundations, and basics of Real Estate Investing to ensure that you will not lose more money.

What do you need in order to be a successful investor? First, you need to learn from experienced investors. Ask them out politely and they will gladly give you advice and helpful tips. 

There are many online Real Estate courses that you can sign up but just make sure that you don't end up overloaded with information. Just learn the things that you need to know and you're all set. One course is enough and as you pursue your career, you can take only certain parts of the courses you don't know. By following the steps involved in starting the Property business, you can enjoy successful Investment. If you're overloaded with information, you will find it difficult to start.

By learning only the essentials, you can start immediately and just continue learning as you work your way through various deals and transactions. Choose the Property Investment course carefully. Check if the instructors are investors themselves. To be able to teach other people about Property Development, they should also be in the business. 

Don't believe in the so called 'gurus' online. There may be expert gurus that teach about Real Estate Development but not all of them can be trusted. If you can find a free Real Estate Development course online, you can take advantage of that. Do some careful research and choose among several good online courses. 

You can even purchase eBooks about Home but you should choose them well. It's much easier to learn and acquire new knowledge these days, thanks to the internet. You can also access forums to get helpful tips and suggestions from fellow investors.

Once you've devised a strategy or game plan, you can already access the industry. Well of course, by now, you've already generated enough capital to cover your investments. It's already expected that you will spend huge money at first but if you focus in the right area and you're knowledgeable enough, there is plenty of room for success.  

So where are you going to concentrate? Some say that purchasing properties and renting them out afterwards is a good choice because you can expect monthly income from the rent. However, you also need to become a landlord. The value of the properties will continue to appreciate and its up to you whether you will resell the property or not.   

So, are you going to enter the Home industry? Property Investment may be the thing for you but you need to be prepared. Get adequate knowledge first before you start Investment.

For other money saving tips have a look at free house insurance quote or Whole Life Insurance Coverage.

A Real Estate Strategy

Here's a proven real estate strategy: Buy a property, change the use, and sell it for a profit.

Big profits are possible if you find its most profitable use. The disadvantages of this strategy? There is a lot of homework required, and many possible dealings with zoning authorities and others.

Years ago there was a row of old homes on a main street in the Northern Michigan town where I used to live. Many of them were rentals. None of them were very well taken care of. Then one day they were gone.

What had happened? That part of the street had been zoned commercial for many years, but there wasn't a reason to tear down perfectly good homes to put up stores. That is, there wasn't a reason until the land could be sold for commercial purposes at a price that exceeded the value of the homes plus the cost of removing them.

As the town grew, at some point an investor realized that he could buy those rental homes, tear them down, and sell the land for a nice profit. This is not uncommon. A particular piece of real estate is not always used for its "highest purpose." When this is the case, it may sell for much less money than it otherwise should. It is just waiting for someone to recognize what its highest purpose is, and then buy it and convert it.

Sometimes an office that had once been a home is converted back into a home, because the property is worth more as a home. Homes sometimes become professional offices for attorneys and doctors. The more common examples of a change of use is when farmland is developed for homes, or when apartment buildings are made into condominiums.

The bottom line is that if there is a higher use for a property, there may be a profit opportunity. How can you tell? First you have to identify the highest use, meaning the use that makes the property most valuable. One way to do this is to simply look around and see what is happening with other properties around the one you are looking at.

Once you determine what the property should or could be used for, you have to determine how much it will sell for when it is ready. Then you determine how much it will cost to get it ready, plus the holding costs until it sells, and the costs associated with buying it and selling it. Subtract all of these costs from the projected sale's price.

Then subtract the profit you want for your work from that figure. This gives you the maximum price you can pay to make the deal work. Offer less, of course. That helps with this and any other real estate investing strategy.

Persistent Myths in House Investments

Typically, these myths are the standpoint why there are those who fail in Real Estate investing. These myths are often heard from those who never really made it to first base. This is not meant to offend those who are to be offended but an eye-opener. 

Myth 1 : No cash, no venture
Truth: Some might say that you would need money in order to make one. But in the case of investing in Real Estate, that's not wholly true. Once you have found a Home deal posing a good offer, the money will eventually find you. If you ask an investor who has reached the peak of investing, he or she will inform you that lack of money is not the real issue; it is the lack of the best deals that's the problem. Think, if you have found a house offering a good price, you'll soon find a lot of partners willing to bring the money at your doorstep.

Myth 2: It won't work
Truth: If it just doesn't work for you, then the problem would probably be on your part. Being pessimistic doesn't bring anyone anyplace. You can forever convince yourself that stuff won't work and be just like that for the rest of your life. Unless you try on something and give it your best shot, it will always be a mystery to you. Yes, there are risks in investing on House but that doesn't necessarily mean that the risks could outrun the benefits. Risks can be remote and sometimes realistic. If you will keep on basing your decision regarding House a total mess, something that can only happen for those who are "gifted" in the investment scene, then it'll forever be like that. 

Myth 3: Realtors don't want to cooperate
Truth: Property agents are your best friends and are the ones who can pull you up once you have established yourself a good deal. There are agents who call up to you when a good deal has come up. Some agents will give you deals that are unimaginable and you can bet your bottom dollar on it. One of the reasons why you can't seem to get along well with your agent is because you both misunderstood the likes of one another. It is best that you inform your agent about the deals that you want. 

Myth 4: This stuff is risky
Truth: In reality, even if you ask the prominent investors, Property is the safest investment that anyone can venture in. This is because you can't control the stock market. But the thing is, you have to take a step and must be willing to take a risk in order to make money. Without calculating the risks, you won't be able to appreciate how things would eventually come out. 

You must have sufficient knowledge about the entire Property so that you won't get lost with how the system works, thus, decreasing the risk. However, knowing everything is not a requirement before verging into the deal.

Myth 5: Competition's getting the best of me
Truth: Supplies will cover the people needing it. There are a lot of deals that can make anyone who enters in House investing deal rich. This will only happen if you go out into the world and find someone who will accept your deal.

For insurance options have a look at: http://www.quick-online-insurance-quote.com/instant-home-insurance-quote-online.html or free homeowner insurance quotes. For auto insurance have a look at: http://www.quick-online-insurance-quote.com/auto-insurance-quote-online.html.

Real Estate Development for Beginners

Make sure you have looked at free home insurance quote first.Property Investing for beginners was never an easy task. There are numerous companies that sell properties for those who are just starting but the big question will depend on how trustworthy these companies are to help you sort out your goods. Can you entrust these companies with your money and pray that they won't leave you bankrupt? If you are a beginner, here are five important tips you can follow. These tips will help you figuring out what to do and what to look for when considering the purchase of a specific property from individuals or companies.

Tip 1 - Background check

One of the most important things to look out for in a company is to check if they have a good background record.  Many of these companies sprung up just years ago therefore it is quite difficult to determine their status. However, not because certain companies are new in the industry doesn't mean that it will hinder your attempt. Research on their status, search for testimonials, talk to those who have successfully made business with the company and ask of their performance. Above all, you have to check if the company's financially sound and stable. You can asses for general information of the company through the web and other resources.

Tip 2 - Expect for Positive Cash Flow

There are companies involved in selling that are good in selling something that is already there. You have to keep an eye on companies like these. You have to know if the property being sold to you will bring profit each month or will it be just another headache. You have to demand concrete proof from the company. Don't easily agree and sign on that contract just because of the promises of sales talk. Do your own research of the company and not ask for the person's opinion about it. It is of utmost importance that your decision will depend on the diligence that you invest.

Tip 3 - Asses the area

Before agreeing on the deal, make sure that the area you are about to purchase is a good property. As a beginner, you have to stick to the areas that have good reputation. Areas that have the best reputations are those that don't financially stack up and rents don't cover the mortgage. Therefore you have to go with the properties having a very convenient site and figures just don't stack up. You have to be very careful with individuals and companies wanting to sell properties in specific locations that aren't fit for 'safe' living. Some of these areas have histories of crime, death, drugs, etc. These properties are fine but for beginners, these pose risks. At the meantime, you have to say a big 'NO' with these kinds of offers until you have fully developed yourself in estimating your experiences.

Tip 4 - Property affordability

Don't just say yes because you loved the property, it's unwise. You have to consider first if it's affordable. There are companies who specialize in making people want to buy their offer, especially for the beginners. Some companies or individuals will deceive you into thinking that what you are purchasing has no strings attached but then again you will finally realize that you have paid for a nice piece of property that you cannot afford.

Companies and some individuals have their way of luring beginners into a false bargain. Be particular with your decisions. Sometimes, these wonderful Real Estate Investing offers can turn out into worst case scenarios.

For more ways to save money look at house insurance quote online or for your car Illinois auto insurance rate information.

Tuesday, April 14, 2009

Monday, March 30, 2009

Wednesday, March 25, 2009

ravine townhome

Getting to Know Closing Costs as a First Time Homebuyer

Purchasing a new home and finding a great deal heavily involve aother aspect known as closing costs. Very few beginning homebuyers understand that closing costs may be as high as 15 percent of the selling price, and most lenders will ask you to directly pay for it.  While some lenders can roll the closing costs into the loan package, knowing what these are ahead of time may help you plan your budget better and even negotiate down the final price so that you can afford the total closing costs as part of the deal.

It’s important to remember that the maximum loan amount offered by the lender is based on the sales price and not the net price (sales price minus closing costs) paid by the buyer.There are varied means to allocating closing costs but you can consult your realtor and lender in having the best possible plan with your funds so you may avoid overspending.

The first step in understanding closing costs is to learn what buyers are typically responsible for. Barron, the author of 'Smart Consumer's Guide to Home Buying', points to the significance of knowing that it is not the law but custom that prescribes the allocation of closing costs and the responsibilities of both the buyer and seller as stipulated in the contract.

The buyer's obligation may include all fees and discount points of the loan.  These are often added at the end of the contract by the lender, and vary significantly by financial institution.  Some bankers will waive this fee for preferred customers or as part of your contract, but it’s important to get an accurate estimate of this as early as possible during your loan financing process.

Among the responsibilities of a buyer is to settle the payment of the premium of the homeowner's title insurance policy, since this may hinder the home buying process when not taken into consideration.  It’s generally a good idea to have extra cash available to pay for this premium so it doesn’t get rolled into the loan, and the premium cost varies by the insurance company you choose to work with.Signing the contract right away may not be appropriate but doing some basic research about the homeowner's insurance policy rates or looking around for more options may be a better idea.

Most of the time, these costs form part of the seller's obligation. Depending on the agent, sales commissions or the fees allocated to the buyer's and seller's agents, may vary accordingly.

Inspection Costs - the expense of having the various inspections and the other inspections required for homes before they are purchased, are covered by the home-seller.

Many first time homebuyers inadvertently neglect the title insurance due to their assumption that all costs associated with the title company must be first taken cared of.Most of the time, the costs for title-insurance are included as a cost at closing and are the seller's responsibility.

Understanding the breakdown of closing costs can give you a more accurate overview of what the final price will be at signing.Early in the loan financing process, lenders can give you an estimate and may discuss with you the fees that you'll be paying, discount points, and all other concerns related to your loan.

Author and Realtor Alexandria P. Anderson helps clients to find and purchase Richfield Minnesota real estate as well as Richfield MN homes and houses in the Twin Cities.

Real Estate Foreclosure Investing: Making The Best Of A Bad Situation

You'd have to be dead not to be moved by the foreclosure stories in the press, on television and maybe even in your own neighborhood.  Americans in particular find their identity through their homes.Although a house does not make a home, any kind of foreclosure can drive a person crazy.  This is now the best and worst times for real estate foreclosure investing.

Sticks And Stones

It is recommended that you keep your enthusiasm for real estate foreclosure investing to an absolute minimum.  Although there is nothing illegal in real estate foreclosure investing, the current American recession has made the general public very easily angered.  The general public looks at the turmoil, weeping and destruction around a simple HUD foreclosure home and then assumes that you are a heartless Scrooge for being into real estate foreclosure investing.

The best thing you can do in this situation is not to argue back.  You quietly do the best you can with the foreclosure property that's fallen into your lap and turn it onto a home for someone.If you believe in a God of some sort, than you can pray for the people who were kicked out of the home you now own.  By giving generously to homeless shelters and Habitat for Humanity, you also prove that you are putting your money back into the community and not just in your pocket.

Trust In Allah, But Tie Up Your Camel

It also is a sad fact that some people are trying to take revenge in any way they can on anyone who takes possession of their former home.  On the morning of this writing (July 24, 2008) a Massachusetts woman committed suicide in a foreclosed home that was going under auction.

It has been suggested by housing experts that as the America housing crisis grows, so will the revenge patterns.  Homemade bombs are being found, tons of pets locked in a home to die of starvation and someone leaving a ten foot alligator with attitude has also occurred.In this day and age, you need to keep your identity a secret and get a good security system for your home. 

You need to keep your guard up about strangers coming around your house, calling your or offering business proposals.  You need to educate everyone in your family not to talk to strangers, or let a strange person in the home.  Even though you might trust that no one will so crazy as to try to hurt you over real estate foreclosure investing, you never know.  As the old saying goes, "Trust in Allah, but tie up your camel."

Go here for more about Foreclosure Prevention and Stop Foreclosure

An Easy Guide to Buying an Investment Property in the UK

Has buying an investment property crossed your mind? It looks a little complex to first time investors. It's not clear how to start.  Don't worry. You can make a lot of money from a wise investment property purchase. Some people have become rich. Follow these tip for success.

Buying an Investment Property in UK : House Flipping for the Timid

Sometimes a real estate investment property is acquired specifically for flipping. If you can buy a home for little and then sell it for a lot, you're flipping houses. House flipping is done it a number of ways. Number one is buying property when markets are down, then selling when the markets rise. Second is buying a distressed house. Make the necessary repairs and do work that will add additional value to the property and sell it back . Flipping properties can earn you some good returns.

Buying an Investment Property : Rent What You Buy

Another option for real estate investing is by owning rental property. This is a property where you purchase in order to rent it out. People rent a place to live, and they rent vacation homes. You can also get into commercial real estate investing in this way. You can even occupy an office in a commercial rental property while renting the rest to tenants.

UK Investment Property : Land as an Investment

When thinking land investment, UK is as good a place as any for a start . Think about it this way. If you buy a larger piece of property at a fairly discounted price at auction or if property is simply listed for less than its value, you can then sell it in smaller pieces for a larger profit. This can earn you a lot of money. Also you can build on the land then sell or rent the buildings.

Buying the Property – How to Start

Remember a few simple things before buying investment property. Know the property type and the location. Then begin looking around for properties. It's also wise to contract an agent. A good agent is essential. Yes, you can handle investment real estate.

Utah Condominiums Info

Utah condos in places like downtown Salt Lake City or Provo are a really feasible option for owning a home. Numerous people choose for a condo or loft style living because they like the apartment type set up. They as well don't require the trouble of a house or enjoy living close to other people while still observing their privacy.

A particular attraction to a condominium, especially condo in utah properties by the way, is that condos extend affordable housing in a highly coveted area that typically is beyond economic reach of say a house of the same standard. Condos are fully self-contained, providing kitchens, enormous living and all of the sumptuousnesses of home to their guests.

Many also provide high-speed Internet and data access to their business-class guests. For many family members, the completed kitchen is the choice advantage of a condo, in that, they will not get to eat almost every meal in a restaurant, allowing the vacationer to drop his or her funds on attractions rather than on restaurant foods. Additionally, condominiums benefit from holding limitations that preserve and enhance value, providing control over blight that plagues some vicinities. Major North American urban centers, including Miami, San Francisco, Chicago, New York City, Los Angeles, Calgary, Vancouver, and Toronto, have much condo growth.

Typically, a condominium dwells of multi-unit dwellings (i.e., an apartment or a growth) where every unit is individually closely-held and the popular areas, such as hallways and recreational facilities, are jointly owned (usually as "tenants in standard") by all the unit owners in the building. It is also possible for condominiums to comprise of single family dwellings so-called "detached condominiums" where homeowners do not keep the exteriors of the dwellings, yards, etc. or "site condominiums" where the owner has more such control and possible ownership (as in a "whole lot" or "lot line" condominium) over the exterior appearance. These structures are preferred by some planned regions and gated communities. What other utah condos deals are there to consider? Well, if you are investigating Utah real estate, check out places not like Salt Lake City and Provo, but as well, Layton, Ogden, West Jordan, West Valley, Sandy and other top destinations in Utah.

Tuesday, March 17, 2009

Thursday, March 5, 2009

Could a rise in house prices mean the housing market is recovering?

House prices have shown an unexpected rise since the start of the year, according the monthly January report from the Halifax. Halifax admitted to being confounded by the figures, which contradicted expectations that prices would show a further drop after falling steadily throughout 2008. Instead the figures show that the average price of houses in the UK has risen by 1.9% since December. It is the first rise in the prices of property for sale since January last year, when prices rose by just 0.1%.

A Halifax spokesman said that although the figures do show early signs of the housing market beginning to stabilize at a low level the property market was still likely to have a difficult year. He also stressed that the three-month figures, which are generally a better indicator of trends in the market, show an overall drop in prices of 5.2%. For now, it would seem the report from the Halifax is the exception to the rule – rival lenders Nationwide reported a 1.3% drop in prices for January, a figure far closer to predictions.

These national figures are unlikely to affect most local property markets and most are still seeing the reduced prices we would expect from a country in recession. The cost of property for sale in Sussex is closer to reflecting the expected drop in prices than the surprise increases of the Halifax report. It seems although we may be seeing the first signs that the property market is beginning a slow recovery, there is still a way to go yet before things get back to normal.

The anomaly in the Halifax report could be partly explained by the recent boom in some areas of London, which has just been listed as the third most expensive city in the world (after Monte Carlo and Moscow) in the World’s Most Expensive Residential Real Estate Markets 2008. It’s believed that prices in London have risen partly due to overseas buyers attracted by lower prices and a weak pound.

Advice On Selecting the Best Contractor for Your New Home

Buying a new home can be one of the largest financial investments you will make. With so much at stake, you certainly don't want to encounter problems that could have been avoided by making the effort to adequately investigate the contractor.

Choosing a good builder is thus essential. It is imperative to have a builder who is well-accomplished and of high integrity, one with the proper know-how and skills in building a new home. One of the key aspects of this is getting a builder who is skilled at supervising the team of subcontractors necessary for building a quality house.

Here are several important pointers in choosing the right contractor for you, from Aspen Valley Homes, your premier Prescott home builders:

Never underestimate the importance of forming a good working relationship with your home builder. The preferrred prospect is one you belive you will like, trust and respect.

Request references from the builder and verify their claims. Make certain the prospective contractor is insured and certified - you can stave off wasting time investigating builders if you're uncertain of their qualifications in the beginning. Contact the state or local licensing body, the Better Business Bureau or National Association of Home Builders to see if any charges have been made against the builder.

Go Over the records on file for former homes constructed by the builder. Obtain a list of previous projects and visit the local government office where records of inspections and permits are maintained. These are public records and should be easily accessed for viewing. Look specifically for failed inspections or permit infractions. Understand that even the best of builders will often have a few minor items on the record; however, repeat infractions or extensive failures should raise a red flag.

Find out how many years the builder has been building custom homes. Longevity is an important indication of quality workmanship and customer satisfaction.

Find a good design checklist and use it when interviewing prospective builders. Requesting information like what areas, cost ranges, and materials they specialize in allows you to evaluate the builder's expertise with respect to your specific needs.

Speaking of which, be sure to look for a contractor who builds the particular type of homes that you are looking to build. Builders will have different areas of expertise - be sure to select someone with the proper experience.

Personal referrals can be the best method for identifying superior contractors. Ask satisfied homeowners in the region for builders they would eagerly recommend.

Be certain to talk to people who have recently had homes built by the builder you are considering. The input of actual customers is very important.

When you are finally prepared to hire the contractor, be certain to read the contract carefully - make sure it is thorough and correctly addresses all aspects talked about previously. Also, be sure the builder offers a warranty with your new home. A warranty will help to protect your substantial investment.

Selecting the right home builder is perhaps the most essential step in building your new home. Following proper guidelines can help you find a quality builder in your area and avoid the pitfalls of substandard workmanship. These tips will assist you in selecting the {home builders|Prescott home builders} who are most qualified and best-suited to build your dream home.


Before You Buy Overseas Property Just Mull Over The Next Questions

When you need to buy overseas property, more selections exist now than in the past. UK investors can pretty well choose any part of the world and find property for sale sometimes at surprisingly good prices. Anyone who is a novice at the investment trade must conduct a study into it prior to investing.

Even though you are buying overseas property there is nothing to be frightened of; you should still look into every aspect of it so as not to be thrown off by something in the future. If you find yourself seriously considering a property, you should ask yourself the following questions before you make a final decisionWhen you are totally interested in property, before coming to a permanent conclusion about it, answer the proceeding questions.

Buy Overseas Property UK : What Choices Will You Make Concerning This Property?

Will you be relocating abroad? Do you intend to lease the property for revenue purposes? Will you be using it for family vacations? Do you need a pleasurable location to live in when you retire? Could you be hoping to locate a convenient funding venture which can turn a quick profit? The worth of a distinctive property to you could rely on the way you respond to the next questions.

Overseas Property UK : Do You Have A Profitable Venture Or Even A Just Price?

To estimate if you are receiving a face price on yours, just take a survey of the community for properties that are the same. Think about the latest financial status – is there stability or do you see a rise and fall in prices. If prices have been falling, current asking prices may not reflect where the market is heading. To put it another way, it’s possible to locate a better price here or on a property that is equivalent to it.

Is the Property Suitable For Your Purposes?

In some cases, a foreign investor does become enchanted with a place because of things such as atmosphere and it’s true charm; however, they fail to realize that it may not meet their needs anyway. For example, if you plan to live there year round, make sure it's a place you will be comfortable in during all seasons. A great number of attractive places possess a different climate in wintertime than in summertime.

If you plan to let the property, be sure that it has all the features that people will want. Is it aesthetically pleasing~. Does everything work well or is there mending to do? Is it located near an airport, ,the beach, a shopping mall, or nighttime recreation {clubs, etc}? Depending on where it is, these or other factors may be crucial.

Overseas Property : Is Everything Apparent About Economic And Legal Concerns?

There are many financial issues that may be relevant when buying an overseas property. If your purchase is being conducted by an agent, be certain that you know what their commission is. In other countries, it is a lot more pricey than you think.

Do you realize the amount of taxes that can be attached to? There may be special taxes for foreign buyers in some cases. Are there any restrictions on what you can use the property for? In case you aren’t totally positive regarding any of this, you should get the advice of an attorney who deals with the country from which you are purchasing real estate.

Whenever you buy overseas property, you need to be secure in knowing that you are gaining capital, and in addition, that you will receive prosperity and happiness.

Cheap Real Estate - Ten Ways To Find It

How many ways do you know to find cheap real estate? Whether you are looking for a home, rental house, land or other property, at least a couple of the suggestions here can help you pay less for it.

1. Talk To Your Bank

Now more than ever (this is being written in 2009) banks are trying to unload the homes and other real estate they have foreclosed on. Talk to them. Although most banks sell through a local real estate office, you may learn of properties that are not yet for sale, so you can be ready, or even make an offer before they list it.

2. Sign Up For Real Estate Alerts

Some websites, like Realtor.com, have a free service that allows you to give them your preferences, and then they send you the latest listings. You can find out about many properties the day they are listed in this way - before most other buyers know about them. Be prepared to move fast if a great deal comes along.

3. Watch For FSBO Signs

Keep your eyes open for homes and land for sale by owner as you drive around. These sometimes sell for less because the owner didn't properly appraise the property. More often, these properties sell cheap because the owner gets tired of dealing with the sales process and just wants to be done with it. The seller is also saving the cost of the commission he would pay an agent to sell the home, so he may share that savings with you in the form of a lower price.

4. Watch For Abandoned Houses

An empty house is sometime owed by the bank, and not yet listed for sale with a real estate office. If so, you might get an offer in before anyone else has a chance. Other times, it is a rental, and an empty rental sometimes makes landlords anxious to sell. Train your eyes to catch the overgrown lawn and other clues that a house is vacant.

5. Make Low Offers

This is the oldest negotiating technique in existence. Simply offer a low price and see what happens. Even when a seller says no he may come back with a counter-offer that is much lower than the original asking price. Be prepared for a lot of "nos" if you do this often.

6. Look For Developer/Landlords

Those investors who have both rental properties and development projects may be in trouble. In many parts of the country houses and condos are selling for less than the cost of construction. If a developer also has rental houses, a strip mall or other income property, he may appreciate the opportunity to sell it cheap and solve his cash flow problems resulting from the "spec" homes he has sitting unsold.

7. Head For Miami

There are areas of the country which have been so over-built that prices have fallen by half. I recently saw a house in Miami listed for $10,000, and there were two dozen brand new ocean-view condos selling for less than $80,000. If you are looking for a second home, a vacation getaway, or possibly an investment for the future, check out the cities and towns which have been hit hardest by this slump.

8. Gather Your Cash

Cheap real estate is always more likely when you have more cash. You can close more quickly, meaning you may have an edge even on a buyer who offers slightly more. You also save the cost of mortgage insurance if you have a down payment of at least 20%. A home equity line of credit on your own home may help you have that cash available if you are a serious investor.

9. Talk About Your Goals

Whatever kind of real estate you are looking for, if you let your friends and associates and everyone else know, a deal may come to you. This happens all the time. A man mentions to a friend that he wants to sell his building lot fast, for example, and that friend recalls overhearing that you are looking for lots, so he tells the seller.

10. Check The Newspaper

Some of the best deals on cheap real estate can be found in the newspaper classified advertisements. Many towns have one paper which has most of the cheaper properties, and this is often a weekly paper with lower advertising costs. See which paper in your area is best, and get it on the day it is published. You can also find most daily newspapers online now.

Copyright Steve Gillman. To see a photo of the house we bought for $17,500, get a free ebook on how to buy Cheap Real Estate, and a free real estate investing course, visit: http://www.HousesUnderFiftyThousand.com

*All Articles pertaining to Financial Matters are Offered by a third party unrelated to my services. Please ensure you seek-out the advice of your own financial expert. The rule of thumb is to get the advice and rates of three separate companies or professionals*