With the view of facilitating credit flow into realty sector, the Reserve bank of India has announced a number of measures, which includes refinancing facilities for the National Housing Bank and giving housing loans of up to Rs.20 lakh priority sector status. RBI said that loans expended by the banks to house finance companies up to Rs.20 lakh could classify as 'priority sector' advances with a ceiling of 5% of the total priority sector target.The public sector banks, as a result, have ...
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Friday, June 3rd, 2011
Business
Many aspects of the financial industry are cyclical, meaning they have a discernable pattern of rise and fall, of good returns and of losses. The mortgage industry is no exception to the cyclical nature of the financial industry. Traditionally, to purchase a home, one would have to make a down payment, usually at least 20% of the purchase price and would finance the other 80% with a local or mortgage company. These loans were not easy to get and a common hyperbole in the industry was that in ...
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Thursday, June 2nd, 2011
Business
Imagine purchasing a piece of
Luxury Real Estate in Los Angeles and moving into a place where the average temperature is 63ºF annually. Wouldn't that be a fantastic place to move your family? Los Angeles is the second largest city in all of the United States. It is geographically larger than New York City as well as Chicago. There are many freeways to get back and forth from place to place as well as an International Airport for out of state and out of country travel. There is ...
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Wednesday, June 1st, 2011
Business
Looking for a suitable house or a cottage in France is no longer demanding as there are approximately 200,000 properties that are for sale in the country. However, many people feel that purchasing any French land is not hassle-free as it involves a lot of paperwork, considering that the French are very fascinated with contracts. genuine, the French likes a lot of paperwork, not to make purchasing demanding and inconvenient, but to protect the fascinate of those who purchase the land. Unlike ...
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Tuesday, May 31st, 2011
Business
The concept of the "Value Add" property is central to success as an individual Commercial Property Investor.
"Value Add" means a property where you can do something as the Property Owner that allows you to increase the Net Operating Income (NOI).
- You "Add Value" to the property
- This drives up the NOI
- Which serves to "Add Value" to the price of the property at the sale.
The Added Value is reflected in your Profits over the life of the project.
If you look at these three bullet points ...
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Monday, May 30th, 2011
Business
Previously little-known compared to its Arab neighbors, the last ten years or so have propelled Bahrain into an international hot spot and booming real estate market. The island nation with approximately 100 miles of coastline has claimed home ownership from international celebrities like Michael Jackson and Shakira, as well as foreign investors. Our abundant collection of property profiles can help you find the perfect investment property or vacation home. The Kingdom of Bahrain has a ...
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Sunday, May 29th, 2011
Business
Home buyers are frequently looking for a good deal on a house. Whether they are upgrading, investing or buying their first homes, those in the market for real estate know that foreclosed and real estate owned (REO) properties provide the prospect to get a good deal on a home. They are not the same type of property, however. Real estate owned property is property that the bank has repossessed from a distressed homeowner and either decided not to sell through foreclosure or failed to find a ...
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Saturday, May 28th, 2011
Business
Don't you miss the warm temperatures and party atmosphere of Miami Beach, Florida? If you ever travel to or around Miami Beach, then you have probably seen the Ocean Four condominiums from a distance. These condos are located in the Sunny Isles Beach community and have been offering luxurious accommodations in the area for the past two years. Guests who stay at Ocean Four can look forward to 264 units, each with 2 or 3 spacious bedrooms. There are forty five stories total and every room and ...
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Friday, May 27th, 2011
Business
Falling hotel occupancy levels and room rates mean that there is less income for hotel investors, many of which have financed these commercial properties through high levels of borrowed debt. As a reaction to the adverse market conditions many hotels are now offering rooms at highly discounted rates. The three and four star hotel market has been hit especially hard and they have had to heavily discount their room rates in order to remain competitive. Holiday Inn / Holiday Express have ...
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Thursday, May 26th, 2011
Business
Purchasing rental property can be exciting and rewarding but there are danger zones that you must learn to avoid first. Find out what you have to watch out for when buying rental property today.Your Rental Property has to Meet the Local Fire and Safety StandardsThe landlord tenant law in most areas will require landlords to keep their rental property in a liveable condition. If you want to have a trouble-free lease with your tenants, you will have to first make sure that your property meets the ...
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Wednesday, May 25th, 2011
Business