Dec 10

A Home Away from Home

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As far as investing in condominiums are concerned, it is also a home away from home. Some people need a hideaway at times and condominiums are the feasible way to invest in.

In terms of finances, they are better to invest in. The only thing is, it is only a unit that you will be buying and not the land itself. There is a minor risk in investing in them but if you want modern living then condominium investments are your best bet to achieve it. Besides, most of us want a taste of the new age of living and here is that chance.

Nov 10

RA Consulting Estate Agency

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RA Consulting is a real estate company dealing with the purchase, sale and rental of all types of property. Their dealings include lots, apartments, flats, business and residential complexes, houses, bungalows and industrial sites. The firm offers properties within a specific area but also works in collaboration with other real estate companies.

Oct 10

Be Sure to Have your Property Assessed First

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Before you set a price for your property for sale, make sure you are getting the actual value it has overall. There are times you may not be aware that the current sale value is different from what you have in mind and it would be best to make sure that you get what is due to you.

There are assessors that can help you do this. Have them evaluate you structure and the overall environment you live in since zoning will have its share of different appreciated values. Do not jump and just conclude that “this price is what my property is worth”.

Sep 10

Franklin Co. did a proposal of tax increase

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Franklin County residents had been warned about the imminent real estate tax increase since November finally came in the form of numbers Tuesday afternoon.

County Administrator Richard Huff presented the board of supervisors with a proposed $126 million budget that featured an average 27 percent tax increase driven by the county’s recent reassessment.

Aug 10

Mack-Cali to Present at Investor Conference

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Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy.

Jul 10

Evaluate In-house Development Financing

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The Mexican coastline from Baja California to Cancun is dotted with beautiful developments and spectacular development proposals that offer in-house financing to real estate buyers.

This type of financing can be attractive for buyers when they are dealing with reputable developers who are financially sound. Yet in the sometimes shaky world of Mexico real estate there are risks involved to some in-house financing, but those risks can be managed.

Jun 10

Contracting a Property Manager

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Having a reference or document to refer to is a very important part of any business agreement. Most contracts between you and a property manager will detail that he/she is responsible for collecting rent from all tenants and forwarding the rent to you. The contract may also state that he is responsible for routine maintenance or needed repairs.

May 10

Real estate: An overview

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Real estate transactions are governed by a wide body of federal statutes and state statutory and common law.

The requirements established by state law often differ significantly from one state to the next. Real estate brokers are employed as the agent of the seller in order to obtain a buyer for their property.

Apr 10

Rent to Own

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Rent to Own is simply as it says: a piece of property is rented to a person, and if the person completes the period of rent, the ownership of the piece of property is turned over to him or her.

Rent to own is applied differently in the Philippines, as living spaces can be leased under this type of agreement. Apartments are offered on a very long-term lease to qualified tenants, and if they complete the contract 20-30 years or so – the deed for the apartment can be turned over to them, making them the owners of the property.

Mar 10

Cheonse / Jeonse: A South Korean way of renting

Cheonse / Jeonse is a means of leasing out apartments unique to South Korea. A tenant makes a lump-sum deposit on the rental space, valued at anywhere from 50-100% of the actual market value of the space.

The tenant then pays no rent for the duration of the contract, usually two or three years. At the end of the contract, the landlord returns the entire deposit to the tenant.

Cheonse is most often used during times of high interest rates. The landlord is free to use the deposit, as long as the same amount is returned to the tenant.