Opportunities in Pune City (Part 1)

Posted in India  by: Sherill
July 31st, 2015


www.kodachi.com

Pune city is buzzing with real estate activities to accommodate industrial, commercial, and residential areas. It is witnessing new heights in new business activities like the ITES and IT industry as well as the BPO sector.

Prime areas of this city like Koregaon Park, Model Colony, Hinjewadi, and Deccan Gymkhana command the highest values of real estate in the city. Moderate property rates can be found in new areas like Nagar road, JM road, FC road, Wakdewadi, Shivaji Nagar, Kalyani Nagar, and the Camp. In these areas, you can find land, apartments or flats that only range between Rs 3,000-4,500 per square feet.

More Luxury Homes Go on Auction

Posted in Information  by: Marie
July 24th, 2015

All over the US, luxury homes and even ones owned by the rich and famous are going on the auction block, victims of their lavish design and cost, foreclosed due to unpaid mortgages. Some are simply sold off due to their high maintenance costs and some even to trim down on one’s expenses. They might be luxurious but their prices are falling as the rest of the housing market has seen in the past months. Luxury mansions, abandoned and left for foreclosure can be a challenge for their respective lenders, for the cash they may get in may not be what they placed in when it was bought. They also run the risk of having to settle for a long wait for there aren’t many buyers of such lavish homes today.

Finding A Real Estate Agent (Part 2)

Posted in Information  by: editor
July 17th, 2015

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Here are some more ways you can find a real estate agent who will listen to your needs.

Attending open houses is one way you can meet various real estate agents in a work environment. Get their business cards and write notes on each real estate agent. Observe if he or she is polite, knowledgeable, and professional, and pay attention to the way the agent shows the home.

Look at the listings in your neighborhood and pay attention to the day they are placed and when the sold sign is placed. An agent who sells homes fastest might be better than one who has a lot of “for sale” signs.

Also look at print ads. There are usually two kinds of print ads run by real estate agents – the first sells a specific property while the second promotes the agent. Look for ads of properties in your ideal neighborhood and then research online about the agents who are advertising them.

Low Home Appraisals Affect Pending Sales

Posted in Information  by: Marie
July 10th, 2015

There is a lot of talk regarding the slow pace at which appraisals are now being done, the figures they are also giving are way too low. Much to the dislike of the many real estate agents and sellers alike. The process of appraising a home tends to come as part of the buying process where a buyer or the agent acting on behalf of the buyer, contacts an authorized appraisal representative who is hired to make an estimation of the true value of a specific property. They are licensed to carry out their jobs at par with industry standards yet realtors disprove of their results which they say are way lower than the true value of properties they are selling. There is a lot of controversy as to the figures they are using in their estimation and calls for a revamp of these very tables are called for by the many realtors out in the ailing housing market.

Modular vs. Manufactured Homes

Posted in Tips  by: Sherill
July 3rd, 2015

Both modular and manufactured homes are built in the factory but modular homes have more advantages.
Manufactured homes are also called mobile homes, and are built only to HUD, or federal building code. They are not required to meet code requirements in the specific destination where the homes will be erected. Also, it is not required for the inspectors to approve the structure.
Modular homes on the other hand, have to pass a stricter set of guidelines. It is held to the same IRC code requirements as site built homes, and must adhere to the local and state codes. It will therefore appreciate better as investments.
www.jachomes.com

The Most Expensive Blocks In The U.S.

Posted in USA  by: Marie
June 26th, 2015

Each city has blocks that everyone knows; and not by their street address but by nicknames like “billionaire’s row” or by the number of film and Wall Street stars that live there.

They often are the most expensive block in their respective city.

Usually the block orients around the city’s defining feature. In New York, it’s on Central Park; in San Francisco it has views of the bay; in Seattle it sits on Lake Washington; and in Miami it’s on the water.

In Pictures: The Most Expensive Blocks In The U.S.

For the first time ever Forbes.com has generated a list of the most expensive blocks in 10 cities across the country. To do so, we created an index with California-based data provider Reply! of the 100 most expensive properties in each city, mapped them geographically and then measured home values and the concentration of high-priced home values in each particular cluster.

Read the rest of this entry »

Protecting your property

Posted in Information  by: editor
June 19th, 2015

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One of the unfortunate risks of having a big house is the threat of burglary. High estate houses are always more attractive targets for both amateur and professional burglars, simply because of the expected wealth to be found inside. Here a few tips to safeguard your house from burglary: Read the rest of this entry »

Florida’s Bust – New Jersey’s Gain

Posted in Information, News, USA  by: editor
June 12th, 2015

newjerseyWith luxury homes in Florida selling like hotcakes at a fraction of their former selves, New Jersey began to take up the challenge as the next luxury development destination of the future. New jersey has always been known for it’s laid back atmosphere far from the high roller status of Florida.
Today, developments like Sea Isle and many more offer the same amenities of Florida but with a more personal touch. Read the rest of this entry »

Manufactured Homes

Posted in Information  by: editor
June 5th, 2015

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Manufactured homes are commonly thought of as “trailer homes” or “mobile homes”. Today, however, manufactured homes come in different styles and offer more options than in previous years. Manufactured homes are usually built in a factory according to the standards of the Federal Building Code or the HUD code, as well as local codes. Made out of a non-removable steel chassis, portions of a manufactured home or the entire home itself can be moved to the site from the factory using its own wheels. Once the manufactured home reaches the site, they are assembled and the utilities are connected. An inspector looks at the work that has been done before the structure is approved. While less expensive than modular homes, the value of a manufactured home often decreases with time.

Who are the Usual Condo Buyers?

Posted in Tips  by: Sherill
May 29th, 2015

The single largest purchase that you can make in your life is to buy a home. But in the housing market of today, the price of a home is often times exorbitant and so first time home-buyers are considering owning a condo instead.

A condo is not only purchased by young people or first time home-buyers. In fact, many seniors find that maintaining a big empty home may be too much for them because they can no longer perform and maintain the day-to-day work in their home. Another group of people that are willing to buy condos are working people that are always busy. They have no time for maintenance so they would rather pay the association dues.
www.destination360.com

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