Posts Tagged ‘Real Estate Investment’
Posted on May 14, 2009 - by admin
Puerto Vallarta Commercial Property Is Key To Real Estate Boom
When you think of Puerto Vallarta Real Estate, you may think of the lovely homes and well-appointed vacation villas that have been housing residents and visitors for years. While these Puerto Vallarta vacation homes are an important part of the real estate scene, Puerto Vallarta commercial property is also an essential part of this beautiful destination.
From the shops that hold treasures for every visitor to the fine restaurants that offer some of Puerto Vallarta’s most delicious food, Puerto Vallarta property can be a solid investment for anyone who is serious about investing in the real estate market. When you make an investment in the Puerto Vallarta commercial property market, you’re making an investment that is likely to grow with time as the beaches and cultural attractions of this beautiful destination become more popular. While nothing is ever guaranteed in the Puerto Vallarta real estate market, purchasing commercial property in Puerto Vallarta may help you to grow your portfolio so that you are able to see a nice return on your initial investment. If you want to purchase an investment property in the Puerto Vallarta commercial property market, there are several things for you to consider before you make your investment decision.
One of the first things to consider is what you will be using the property for once it is purchased. Will you be using half of the property as a store and renting the other half? Do you want to rent out each area of the property to tenants so you can collect rental income? Knowing what you want to do with your Puerto Vallarta real estate investment will help you when you’re ready to look at properties and make a buying decision. You’ll also need to consider the size of the property you want to invest in before you can look at the number of commercial properties available. This means deciding what purpose the property will serve and then choosing a property size that will help you accomplish those goals. Once you have outlined your basic requirements, you can view many properties until you find the one that will best meet your needs. Remember to check each property carefully for structural soundness and review all of the points on your list of requirements. If you find several properties that don’t have what you need, this will help narrow your list so it is more manageable. Once you find the best property for you, all you need to do is complete the paperwork and any other requirements and you’ll be well on your way to becoming a Puerto Vallarta commercial property investor.
Thinking about moving to Mexico ? See many listings of Puerto Vallarta homes and beachfront condos here. Tom Budniak operates, owns, and manages Realty Executives Mexican Caribbean here in the Puerto Vallarta. His office is considered by many in the industry to be the top office in the Puerto Vallarta. Tom, from Realty Executives Mexican Caribbean is a Certified Member of RMRE and MLS 4 Riviera Maya. Check out the city and email at Tom.RealtyExecutives@gmail.com, or visit http://www.puertovallartabestrealestate.com to see beautiful condos and homes listed.
Your beachfront property in Mexico is within your reach. Check out the listings of Playa del Carmen Real Estate, Puerto Vallarta Property and Cancun Real Estate for insight into this booming market.. Contact Tom Budniak for insight into this booming market.
Author: Tom Budniak
Posted on May 7, 2009 - by admin
How to Ensure A Free And Clear Title To Your Property In Mexico
When purchasing property in Mexico, it’s essential that you take the proper precautions to ensure that the title is free and clear. When all is said and done, the owner of any piece of land depends on name stated on the country’s official documents. While a thorough title search is mandatory when transferring property in Mexico, it’s essential that you take care to ensure that your investment property has a clear title.
This certainly doesn’t mean you should avoid purchasing a real estate investment in Mexico, it only means that you need to take precaution. The first step in ensuring a free and clear title is to choose your realtor wisely. Any Tom, Dick, or Harry can legally sell you property in Mexico without any sort of license, so don’t assume that a person is legit because they have a license.
Instead, check and double check references. See how long the real estate agency has been in business and visit the company’s website to see if they are a serious operation with multiple properties for sale or an individual trying to sell one piece of property. Instead of searching for a property online or in person and then contacting the real estate agency, choose a reputable real estate company and then find the ideal investment property in Mexico from their offerings.
In Mexico, it is mandatory that every property title be thoroughly researched by a Notario Publico before it is sold. Notario Publicos are very high-standing, government employed attorneys assigned to record any title’s transfer upon closing. When you go through the proper and legal process with a reputable realtor, title transfer isn’t a problem. However, if you’re transacting with a single individual for the purchase of your real estate investment in Mexico, you must be aware of this part of the process. Unless a Notario Publico documents the title, the transfer of your real estate investment in Mexico isn’t legal.
Even with all of safeguards in place, it’s still a wise idea to purchase title insurance for your new investment property to protect against any title mistakes. With title insurance, you’ll be certain that if for any reason the property is found to belong to someone else that you’ll be reimbursed for the amount you invested. Also, should anyone attempt to dispute your rightful ownership to your real estate investment in Mexico, you’ll have someone on your side to defend your ownership in court. Just like in the US, you’ll want to hire a title insurer before you purchase your real estate investment in Mexico. If the title insurance agent won’t insure the property, do not go through with the purchase.
The fact that buying a investment property in Mexico is a little different than what you may be accustom to at home is actually a benefit to the savvy real estate investor. Part of what has kept Caribbean coastal property prices low is that the process of buying investment real estate in Mexico is conducted differently that in the United States. As buying investment property in Mexico becomes more mainstream and better understood as it is currently, prices begin to rise. Those that make their property investment in Mexico during the early stages of a country’s realty boom are the ones that make the serious profit.
Posted on April 11, 2009 - by admin
Why Building a Qualified Buyers List Will Keep You in the Real Estate Business in 2009
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Posted on March 1, 2009 - by admin
Ways To Finance For Real Estate Investment
Real Estate Investment is now treated as a major case of capital budgeting by using state-of-the-art investment analysis which incorporates the future stream of income it may generate and the associated risk adjustments. There are many ways to finance a real estate investment. Some investors may find it easy to get a loan for a good investment property. Others do not want to use standard real estate financing to buy a property. They would rather use creative financing. You can use any method to finance your real estate deal. As long as you remember there is never something for nothing in the real estate market you will do well.
When you find a property you want to buy the first thing you must look at is how you plan on financing the purchase. This can be in the form of a conventional loan. It is hard to get a lender to take this kind of risk unless you have perfect credit. There must be equity in the home. This may mean coming up with a down payment. You may be able to skip this if you are buying the home at far below the market value. The other problem with a conventional loan is the pre-payment penalties most banks impose. When buying a home to resell, you do not want to have your profits go into making a substantial early interest penalty payment. It makes sense to use this type of loan when you are buying the house as a rental property. For someone who is determined to flip the house, the conventional route is not the way to go.
The adjustable rate mortgage may be more to the liking of an investor wanting to flip a house. The terms of the loan can be negotiated so the maturity is in 3 to 6 months. This allows the loan to be paid off without the interest penalties. Some states, like North Carolina have legislation which does not allow the finance company to charge a prepayment penalty for loans under $150,000. You should check the local area laws to see what your finance companies are allowed to do. There are also loans available for the investor. The interest only loans are good for someone who wants to only keep the property for a short time. The payments are calculated on the interest of the loan. This can be beneficial to someone who is buying the property to fix it up and resell it.
It is important to know what is on your credit file before you find a piece of real estate you want to finance. This way you can fix any errors which may reflect badly on your credit score. You can also know what the lender is looking at to determine the risk of loaning to you. Generally someone with a credit score of 640 or above should have no problems getting a loan. The higher the score the better your chances are for getting approval. Some of the other things the lender will consider is the value of the property, the amount you have to put into it, and the location. Properties in distressed areas are harder to get loans for than an area which is growing.
Real estate finance is not difficult to understand. It pays to educate yourself with the options available. Speaking with a loan officer can help. It pays to have a friend in the finance industry anyways when you are investing in real estate.
Posted on March 1, 2009 - by admin
Things To Know About Real Estate Investing In Fayetteville, North Carolina
If you’re looking for investment opportunities in Fayetteville, North Carolina, there are things you must look for before you plunk your hard earned money down on a piece of property.
Investing in real estate can be quite lucrative and is one of the most profitable ventures that can bring you much wealth. However you must conduct your due diligence and follow through for you to make a profit.
Before you do anything else, study the market that you’re looking to invest in. Whether it’s land or residential property, get an idea of the market price and the flow of existing sales. This can help you figure out whether the area is worth investing in and eventually make a profit. Look for investment opportunities in areas where the economy is thriving. If you invest in an area where layoffs are rolling like dominoes, it can affect your real estate investment(s).
Since prices in the Southeast are relatively affordable, you should not have a problem looking for prime real estate to invest in. Since the downfall of the mortgage and housing industry at the present time, this is basically a buyer’s market for residential property (houses, townhomes and condominiums). Since so many people have been affected by this crunch, the prices on real estate have to decrease, for the most part. If you are one of those that are looking for a good deal in the Fayetteville area, you should do some research and see what you can find.
Even though you can probably find a good deal, unless you’re planning to pay cash upfront, be prepared to have your credit history scrutinized. Because of the current crunch, your credit history has to be solid. It doesn’t hurt to have more funds available than usual.
In Fayetteville as with anywhere else, real estate investors are looking for residential properties that they can purchase for rental property. Investing in rental property provides additional income and gives the investor and advantages on taxes.
Investors also purchase residential properties to rehab and then turn around and sell it at a higher price.
Some people employ the “buy and hold” strategy. That’s not necessarily wise, because the economy can change in that area, depending on the location. If your renters get laid off and don’t have another source of income, you may end up losing money.
Other things can affect the value of your real estate investments as well. So keep tabs on the local economy of where you have investment properties. It’s also a good idea to inquire with the local government regarding tax break incentives or other investment opportunities that will help you profit.
In the beginning, don’t go overboard with spending your incoming cash flow. Use it to invest in other properties. You must also invest your profits in maintenance and repair of your properties.
Also, don’t get where the money from your renters is your sole source of support. At any given time, they can run out on you or get laid off from their job and have nothing to fall back on.
Fayetteville is no different than any other area in the United States. The key to investing is location, location, location. It’s imperative that you do your homework and account for employment in the area, schools, and recreational facilities. In addition to existing properties, you should also consider undeveloped areas that have potential for growth.
As long as you conduct your due diligence, whether in Fayetteville or elsewhere, your real estate investments can be profitable for you.
Posted on February 25, 2009 - by admin
Virginia Real Estate - How To Invest There In 2007
Virginia is strongly associated with mountain ranges, coastal towns and breathtaking scenery, aside from the civil war and rich heritage of American history. The state of Virginia also boasts of a rising real estate market. The fact that Virginia has one of the highest real estate appreciation rates is reason enough for people to invest in Virginia real estate.
In 2006, the average home in Virginia rose 22 percent in value, while some home assessments shot up by an even bigger percentage. About 6 percent of all houses, town homes and condos appreciated in value by over 40 percent. Some of the beachside properties experienced an overwhelming price rise of 90 percent. In essence, Virginia real estate market has been on an upward trend for the past few years, and there is no reason why we should suspect it to be any different in the year 2007.
The rise in the Virginia real estate market is also owing to its geographical location in the United States. The state of Virginia borders Washington D.C., the capital city of the United States, on its western side. And therefore, it offers something for everyone - from politicians to beach aficionados.
There are several cities to choose from while looking for Virginia real estate investment properties. Good deals may be secured in Richmond, Blacksburg, Fredericksburg, and Alexandria, among others.
Richmond, located on the James River, is renowned for its tobacco and financial industries. The city presents an amalgam of graceful turn of the century architecture and modern edifices. A single-family dwelling in Richmond would cost around $410000. A similar home in Blacksburg may be easy on your pocket, costing around $270000. Homes in Alexandria are very much on the higher side, priced at around $750000.
On the whole, Virginia real estate has experienced significant appreciation in prices over the past few years. Even the most mediocre property investments have resulted in plentiful gains for the investors. It is expected that the trend will continue in the year 2007 and, therefore, there is no better time to invest in Virginia real estate than now.
Copyright © 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author’s information with live links only.)
Posted on February 12, 2009 - by admin
Why Relocate to Birmingham?
1. Scenery - This is simply a beautiful area in which to live. The natural scenery creates a beautiful backdrop for the homes and properties. There is also an abundance of parks and green spaces that only add to the already inspiring visual element of Alabama.
2. Amenities - Birmingham has a wealth of amenities to offer residents. With great public services & utilities, all the needs of today’s homeowners are expertly and professionally seen to by the public sector.
3. Investment - Real estate values in Birmingham are on the rise. Homes and properties here have become an excellent real estate investment. Not only are home owners realizing an excellent increase in the values of their homes, but investors are receiving a great ROI on investment properties.
4. Employment - There is a thriving employment atmosphere in Birmingham. The strong, skilled, educated workforce here provides a great backbone for the industrial and business communities. With such a wide array of opportunities it will never be difficult to find quality employment.
5. Beautiful Homes - There are some amazing homes in this area and more are being constructed every day. It does not matter if your tastes lean towards country cottages or stylish loft condos, there is a special piece of property for everyone in Alabama.
6. Schools - This area is home to some excellent schools, both public and private. There is also a wealth of post-secondary options that cater to students of all kinds. Whether you are seeking a school for trades or academics there are a great selection of schools that can provide the quality education that is important to you and your family.
7. People - This city is possessed of a fantastic sense of community. Friendly and welcoming people have created an atmosphere of community spirit and belonging that is highly desirable. New home owners feel welcomed and a real part of the community very quickly.
8. Expansion - With the interest in this area, has come expansion. New homes and businesses are cropping up at an impressive pace. This expansion brings with it an increase in social programs, home values and private and public services.
9. Shopping/Entertainment - This area is home to some excellent shopping and entertainment options. Whether you enjoy movies or live theatre, malls or quaint shops, Birmingham can provide you with the choices that you desire.
10. Diverse Population - This area boasts an economically and racially diverse population with an abundance of culture from around the globe. This has created a wonderfully synchronized community with a strong emphasis on family values and equality.
By: John Mejia
About the Author:
John Mejia is a real estate agent specializing in Birmingham real estate. If you are looking for a new home in Alabama, contact John today or visit the Mejia Group online at www.themejiagroup.com.
Posted on February 2, 2009 - by admin
Australian Real Estate Investment & the Sydney Housing Market
When it comes to the Australian housing market it is safe to say that it has been one of the best investments for international investors in recent years. There are some impressive real estate figures coming out of Sydney and the reason is down to the fact that Australia recently went through a housing boom. The situation has slowed down slightly now but prices and demand for Australian housing, especially in the Sydney area has remained strong according to news reports in the Sydney Morning Herald.
The aspect of the Australian housing market that is overshadowing everything else at the moment however is the rental market. Increased mortgage rates meant less investment in buy-to-let, which resulted in less availability and proportionally higher demand, resulting in higher rents and subsequently a higher cost of living. This doesn’t however mean that people have stopped or are going to stop purchasing property in the Sydney area, especially as interest rates are on the way down again.
Even though in recent years the overall housing market in Australia, and the rest of the world, has experienced some bleak times; there is little doubt that it has a strong future. This is because people will always need somewhere to live and Sydney, as I have previously mentioned, is one of the most in demand areas when it comes to the Australian real estate market.
The real estate within Sydney is diverse and the population is quite spread out, even though it is one of the most densely populated cities in Australia. It is an extremely desirable place for people to purchase property and currently some of the most popular buying opportunities in the property market revolve around inner city Sydney apartments. This is because these properties are considered to be significantly undervalued when they are compared to the surrounding suburbs.
Even though Sydney real estate is now considered to be the most expensive of all the Australian capital cities, according to a 2008 Global Property Guide report; you can still pick up a comparative bargain, such as the inner city apartments mentioned above.
Property values in the Sydney area have shown little in the way of growth over the past five years but the one thing Sydney is demonstrating is some fantastic buying opportunities. This is true whether you are a first time buyer or an experienced buyer.
Posted on February 1, 2009 - by admin
Lake Tahoe Real Estate - an Investor’s Gem
You may know that South Lake Tahoe has become one of the country’s most popular resort destinations. But have you thought about it as an investment opportunity? Even in a challenging real estate market, South Lake Tahoe reigns as one of California’s top-advised real estate investment areas.
In Lake Tahoe’s vibrant real estate market, inventory is approximately twice that of 2005. Median home prices are slightly lower and sellers are negotiating more than ever. It’s a buyer’s market!
Adding to the lure of the area, word is spreading that South Lake Tahoe’s next redevelopment phase is underway and gaining national attention. Most important, though, is the enthusiasm following Vail’s purchase of South Tahoe’s Heavenly Mountain Ski Resort. It’s almost certain that today’s lower values will not last long.
The following reasons are why Lake Tahoe real estate is primed for investors.
1) Large Inventory = More Buyer Options. As of August 26, 2007, there were 586 single family residences for sale with 56 currently in escrow. This inventory is considerably higher than the 366/96 reported in August, 2005 (although slightly less than the 594/46 reported August 31, 2006).
2) Affordable Prices. Affordability is South Lake Tahoe’s charm. When compared to other international resort areas, South Lake Tahoe’s median home price of $463,000 is a fraction of those found in Aspen, Colorado ($1,199,700), Vail, Colorado ($791,000) Park City, Utah ($605,000), and our neighbor Tahoe City ($1,001,500.) Likewise, when compared to California’s median home price of $586,030, South Lake Tahoe’s property values are absolute bargains—with the lake, mountains, blue sky and pristine seasons as bonuses.
3) Buyer’s Market = Negotiation Leverage. Supply, demand, and consumer confidence have played an immense role in buyer negotiating strength. As is common in the South Lake Tahoe real estate market, when summer begins to wane, sellers become more anxious to sell. In a nutshell, they want to close escrow prior to the first snowfall. As long as inventory is up (more homes for sale), there’s more room for buyers to negotiate the sales price and other accommodations. As an example of this type of leverage, during 2005, the average home sold for approximately 98.5% of the list price. Today, the average home is selling for 95.8% of the original list price.
4) Expansive Redevelopment. Following many years of planning, dreaming and hoping, the next phase of South Lake Tahoe’s redevelopment phase is underway. Rundown motels, shops and similar structures have been demolished to make way for future developments. Some examples of future developments include a 71,000 square foot convention center and two hotel-condominiums featuring boutique shops, entertainment and proximity to nearly all that the South Lake Tahoe Stateline area. Developers are anticipating this project to bring in approximately 180,000 visitors a year.
The Time Is Right to Invest In South Lake Tahoe Realty
South Lake Tahoe’s real estate values have generally escaped the dramatic declines that have so adversely impacted various regions of the state throughout the years. According to Leslie Appleton-Young, chief economist for the California Association of Realtors®, “With credit drying up in recent weeks, we expect further weakness in sales over the next few months”. She continued by adding that the sales declines will be driven by both tighter underwriting standards due to the sub-prime mortgage crises and the adverse psychological impact of news and information regarding increases in foreclosures and mortgage defaults.
At the same time, a door seems to have been opened in South Lake Tahoe. According to a recent article in Inman News, one in five economists surveyed predicted a “meaningful” recovery in U.S. housing markets before the second half of 2008. About 38 percent expected a recovery in the second half of 2008, while 42 percent said housing markets won’t turn around until 2009 or later. Our recommendation is to take advantage of the opportunities that will be presented within the coming months.
For us personally as well as professionally, we have found that owning Lake Tahoe real estate is a far more enjoyable way in which to watch your investments grow when compared to other options. When given the choice of sitting on a lake beach and swishing down world-class ski slopes vs. pulling out our hair out watching the stock market, our choice is clear.
Posted on January 31, 2009 - by admin
2006: U.S. Cities With Overvalued Real Estate And Home Prices
Buying a home is a big-time real estate investment and has to be done with great prudence. Knowing where not to buy a home is as important as are the dos and don’ts of buying a home.
Of the many top ten lists on CNNMoney.com, there is listed the top ten overvalued cities in America where it is better not to buy a home for the next two years or so. The report states a variety of reasons for the unfavorable market conditions.
Five cities in California – Bakersfield, Fresno, Merced, Sacramento and Stockton, figure among the top ten cities that have the least possibility of home price appreciation. Home prices have reached a new high (by nearly 60%) in these areas over the past two years. With an economy driven by agriculture and relatively higher unemployment rates anticipated for that area, the real estate market is predicted to slump in the region.
Although three cities in Florida are recommended as good real estate buys, the report also cites four others in Southwest Florida that fall among the very bottom of the list. With home prices here expected to plummet very soon, cities like Fort Myers, Naples, Punta Gorda and Sarasota are those that one would do best to avoid for a year’s time or so, while buying a home or a condo.
Market prices are expected to decline in the Jersey Shore (New Jersey) area that saw a radical boom in the last two quarters. Although home prices in the third quarter have rebounded from the slight drop during the second quarter, the bubble is expected to burst soon and the overpriced market is likely to stabilize. The popular seaside cities of New Jersey, Atlantic City and Ocean city are anticipated to fall under the unfavorable list.
In Phoenix, Arizona, a hot favorite among investors last year, sliding home prices may to be an unavoidable occurrence in the next 12 months. With home prices dropping by more than $100,000 in some residential developments and investors trying to sell off their property, it is safer to wait for a year or longer before investing here.
Economists at Moody’s Economy.com also predict a sharp decline in Riverside and San Bernardino counties, California’s Inland Empire.
The bottom ten cities that are likely to see major drops in median home prices during the coming year are Stockton, (leading the list with a predicted fall of 9.7%), Merced, Reno/Sparks, Fresno, Vallejo/Fairfield, Las Vegas, Bakersfield, Sacramento, Washington, D.C and Tucson.
Given these fluctuating real estate market conditions, one should exercise a great deal of caution when investing in real estate. It makes sense to get the expert advice of a real estate agent to advise you about your next home purchase, since agents often have access to the most up-to-date real estate market data and neighborhood pricing trends.
