Archive for the ‘India’ Category

Real Estate Laws

Posted in Dubai, Europe, Hong Kong, India, Mortgage, New York, Predicitons, Tips, USA  by: Marie
August 14th, 2008


Image source: www.amazon.com
Real estate laws vary greatly form state to state. If you are buying real estate you should understand what rights you have in the state you are in. In California you have many rights and are legally covered in many cases to have these rights.

The following list explains the basic rights every buyer has when buying real estate in California.

1. You can and should interview and compare many agents and lenders during the beginning of your process. This will help you to find the best people suited to help you. Avoid jumping right into a deal without first looking around.

2. California has a Residential Purchase Agreement called a RPA-CA. You have the right to use this document to make or accept offers.

3. California has a law that states an agent must tell you about any relationship they have with seller. There is an Agency Disclosure Form you can use for this purpose.

4. You can and should have an attorney look over all paperwork. California is an escrow state, which means there is a third party involved to help for enforce the contract. So understanding it is important.

5. The RPA-CA contract allows you to have the right to reject any offer you’ve made if you are not satisfied with the physical condition of the home or neighborhood.

How to be Smart in Attending Open Houses

Posted in Dubai, Europe, Hong Kong, India, Information, Mortgage, New York, News, Predicitons, Tips, USA  by: Marie
August 14th, 2008


Image Source:www.stjoerealtor.com
Whenever you visit an open house, jot down a few things that you like and dislike about it as soon as you arrive. What is its overall appearance from the outside? Is it close to nearby schools if that is a necessity? How about shopping malls? And how far away would it be from your job? Sometimes these are questions that home buyers fail to take into account early in the buying process.

When inside the home, be sure to check everything and take plenty of notes as you go. A few things to watch for are the condition of the cabinets, the carpet, the walls, the ceilings, and so on. Take good notes on any items if you feel may need repair.

Consider the size of all the rooms in the home, and determine if they will meet the needs of you and your family. If necessary, even take a tape rule with you to be able to measure out individual rooms and see what kind of space is available. Pay particular attention to storage and closet space, as this is an area that is quite often overlooked by new home buyers, but will become very important if you should decide to buy.

It’s also a good practice to spend a few minutes outside the home and listen for noises that could be bothersome. Perhaps there is a train that passes nearby, or freeway noise that seems excessive. Just taking the time to listen can sometimes be very illuminating, and can help you ovoid moving into a home where noises could be constantly irritating.

Opportunities in Pune City (Part 2)

Posted in India  by: Sherill
February 28th, 2008


www.puneline.com

Because of this, the areas that are surrounding the prime areas are driving the infrastructure and construction boom in the city. The real estate builders are trying to tap on this sentiment by upgrading the transport linkages between the new areas and the prime areas to help improve their property prospects.

For instance, a new bridge has just been built to connect Kalyani Nagar and Koregaon Park. This bridge will cut the distance between these two places by half an hour so that professionals who are employed in Koregaon Park can find affordable residences in Kalyani Nagar. This idea seems to be working well.

Opportunities in Pune City (Part 1)

Posted in India  by: Sherill
February 25th, 2008


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.

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