Category: Real Estate Page 1 of 2

Understanding Real Estate Sales: A Comprehensive Guide

Understanding Real Estate Sales

The real estate sector is a dynamic and challenging landscape, with a captivating blend of fiscal strategy, economic indications, and evolving market trends. Having a comprehensive understanding of the processes involved in a real estate sale can make enormous differences for both sellers and buyers.

Let’s delve into the fascinating world of real estate sales and, specifically, see how it functions in a particular location, i.e., Bracken Ridge.

The Scoop on Real Estate Sale

A real estate sale involves transactions of land and anything permanently affixed to it, such as buildings. This process is a complex interplay between buyers, sellers, real estate agents, loan officers, title company representatives, and other stakeholders. It requires all parties to carry out their due diligence before entering into a sale agreement to ensure maximizing value and minimizing risk.

Pricing the property fittingly is often the cornerstone of a successful sale. A comprehensive comparative market analysis can help determine a competitive yet profitable price point. Gone are the days when real estate agents only serve to list, show, and sell properties. Today, these professionals also offer services like home staging, professional photography, and other marketing amenities to accentuate the property’s appeal and ensure a swift and profitable sale.

The Real Estate Market of Bracken Ridge

Bracken Ridge, located in Brisbane, Australia, is one of the fastest-growing suburbs and has become a focal point for savvy property buyers and investors. Known for its splendid amenities, green spaces, and public transport accessibility, Bracken Ridge attracts families and young professionals alike.

Thanks to advancing infrastructure and location advantages, Bracken Ridge’s real estate market is seeing a surge in demand. For instance, the average property price in Bracken Ridge is relatively less than in Brisbane’s aggregate. Yet, the growth rate, majorly for houses, is commendable. This establishes it as lucrative ground for real estate buyers and investors with an eye on long-term value appreciation.

Purchasing Real Estate in Bracken Ridge

Whether you are a first-timer or a seasoned investor, buy real estate Bracken Ridge promises a great opportunity for both homeownership and property investment. Below are some tips to consider:

  • Research the Market: Price trends can be volatile. Keep yourself updated by continually researching the market situation.
  • Contact a Local Real Estate Agent: A knowledgeable local agent will be familiar with market trends, property prices in different sections of the suburb, and can guide you to make a sound purchase decision.
  • Home Inspection: Always ensure a thorough inspection of the property to avoid any unforeseen repair costs.
  • Negotiate: The listed price is negotiable in most cases. Don’t hesitate to challenge the price if you have solid reasons to back it up.

To buy real estate Bracken Ridge means to invest in a suburb with significant growth potential. With thoughtful planning and a strategic approach, you can secure a property here that serves as a wonderful home or a valuable addition to your investment portfolio.

Conclusion

The real estate sale process can seem intimidating, but with the right information, it becomes a manageable task. Buying in a rising market like Bracken Ridge has its rewards and challenges. Engage local professionals, conduct due diligence, and explore opportunities to make the right move. Remember, real estate is not just about property; it’s also about potential.

Overview Of The California Department Of Real Estate

Overview of the California Department of Real Estate

The California Department of Real Estate (DRE) plays a critical role in the real estate industry. As the regulatory authority for real estate professionals in the state of California, the DRE ensures integrity, reliability, and fairness within the market. Through standardized protocols, licensing requirements, and ethics implementation, this body ensures a sound and robust real estate circuit.

One of the main responsibilities of the Department of Real Estate involves licensing. All the real estate brokers and salespersons in California must turn to the DRE for obtaining their licenses. Apart from initial application handling, it is also tasked with the ongoing procedures related to those licenses, including renewals and status changes. Along with that, the DRE takes charge of disciplinary actions against licensees should they be found complicit in unethical or illegal practices in their professional capacity.

The Department plays a major part in public trust by ensuring the presence of education and ethical undertakings within the industry. It also provides an immense amount of educational services to both professionals and consumers in the sector, including specialized resources, bulletins, and seminars. This body ensures transparency and knowledge dissemination in the real estate circuit, allowing the market to be more accessible and less intimidating for a typical consumer.

The DRE carries out comprehensive regulatory oversight for the Californian real estate market. This includes carrying out audits, investigations, and fiscal examinations of real estate brokers who are suspected of violating the law or DRE regulations. Furthermore, it has the power to impose penalties, sanctions, and revoke licenses when necessary.

Apart from this, the DRE also conducts oversight of subdivisions and developments within the state, under the Subdivided Lands Act. It ensures consumer protection in such scenarios by regulating the marketing and sales of new homes. A developer is required to provide all potential buyers with a public report containing essential details about the subdivision.

A unique component of the DRE’s work revolves around its dedicated focus on multiple jurisdictional areas. An interesting illustration of this can be seen in comparison with another robust real estate market: New Lambton Heights in Australia.

Real estate New Lambton Heights

brings to light the different regulatory environment and real estate practices followed in another corner of the world, but effectively showcases how diverse and varying the world of real estate can be. While the challenges and opportunities presented by different markets may vary, the DRE’s dedication to equipping industry professionals and consumers with the necessary knowledge and tools to navigate these waters remains constant.

The California Department of Real Estate continues to adapt and evolve its regulatory practices to meet the ever-changing landscape of the real estate industry. With advances in technology and shifts in market trends, the DRE recognizes the need to update and refine its policies to maintain an environment that is fair, professional, and advantageous for all industry players.

The DRE is a model regulator that maintains strict standards, ensuring healthy competition and consumer protection. As a central authority within the industry, its commitment towards professionalism, accountability, and excellence continues to create a thriving environment for real estate in California.

Regardless of the location, be it California or the vibrant market of real estate New Lambton Heights, stakeholders of the real estate industry would do well to fully understand the regulatory landscape that they operate within. This understanding will allow them to operate more effectively and with integrity in these markets.

Conclusion

In conclusion, the California Department of Real Estate is instrumental in the smooth operation of the real estate industry in the region. Through strict regulations, licensing, and consumer protection measures, it upholds the principles of a free and fair market, catering to the real estate needs of both professionals and Californian citizens.

Understanding Zillow Ga: The Ultimate Guide To Real Estate In Georgia

Decoding Zillow GA: A Comprehensive Guide

When it comes to real estate in the state of Georgia, one tool has revolutionized the way people buy, sell, and rent homes: Zillow GA. This unique and powerful online platform is designed specifically to make the process of finding properties in Georgia easier and more efficient. But how, exactly, does Zillow GA work? And more importantly, how can it help you in your real estate journey in Georgia?

Let’s start by understanding what Zillow GA is. Zillow is an online real estate database company that was launched in 2006. Zillow GA refers to the database specifically dealing with Georgia-based properties. Users can freely access this platform to unique search features, user-friendly interfaces, and a wealth of property information available for various cities and neighborhoods in Georgia.

Zillow GA’s popularity stems from its comprehensive nature. It provides an extensive list of properties for sale or rent across the state. Users can filter their search based on their specific requirements like location, price range, number of bedrooms, and more. This robust search capability simplifies the journey of finding the perfect home or rental property in Georgia.

Another benefit of Zillow GA is its feature-rich platform. Beyond listing properties, Zillow GA also provides a value estimation tool referred to as the ‘Zestimate’. This tool uses sophisticated algorithms analyzing public databases and recent property sales data to estimate a property’s current market value. The provision of this tool can help users make well-informed decisions, particularly when buying or selling properties.

Real estate Adamstown, for instance, might generate different prices depending on the time of the year, the condition of the property, or even the general state of the real estate market. With Zillow GA, users get an insight into these aspects, helping them to make real estate decisions with confidence.

While Zillow GA predominantly focuses on buy-and-sell transactions, it also accommodates those seeking rental opportunities. It provides a similar search bar for rentals, allowing users to enter their preferred location, budget, and the type of property they are interested in.

Zillow GA’s implementation of user reviews and ratings also enhances the transparency and credibility of its listings. Sellers and landlords can be rated by users who have interacted with them, providing potential buyers or tenants with a clearer picture of their credibility and reliability.

Despite the tremendous benefits that come with using Zillow GA, users need to understand that while it’s a great tool, it’s not the be-all and end-all for purchasing, selling, or renting properties in Georgia. It’s important to supplement the information from Zillow GA with advice from real estate professionals and personalized research.

The real estate Adamstown might be an ideal place for one person but may not offer the amenities and lifestyle another person is seeking. Understanding these personal needs and wants will go a long way in helping not just with finding a property but turning it into a home.

In conclusion, Zillow GA presents an incredible platform for anyone interested in Georgia’s real estate; whether they are first-time homebuyers, experienced real estate investors, or individuals simply looking for a rental property. It offers a broad spectrum of resources and tools to help navigate the real estate landscape of Georgia, making property search a breeze.

Exploring Current Real Estate Trends And Prospects: A Focus On Realtor.Com

Realtor.com is arguably one of the most prominent online real estate marketplaces in the current digital era. Founded in 1996, the platform has continued to offer comprehensive real estate services to millions of home buyers, sellers, renters and dreamers all over the world.

At its core, realtor.com brings sellers, buyers and realtors together, allowing a seamless interaction in the real estate marketplace. Unlike traditional real estate transactions, realtor.com makes it easy to find, buy, sell, or rent a property from the comfort of your home.

The service helps users locate properties according to their specific needs and preferences. Users can filter search according to location, price range, property type, and more. Frequently updated listings ensure buyers always have a fresh selection of properties to browse through.

For sellers and realtors, realtor.com provides a trusted platform to showcase properties. Its intuitive design and user-friendly interface enable easy navigation through the platform. In addition to selling, buyers can also find valuable resources on home financing, moving, and other related tips.

The Significance of Realtor.com in Today’s Real Estate Market

The impact of platforms like realtor.com in the real estate industry cannot be overstated. Online platforms have revolutionized the way real estate transactions happen, providing all industry participants with an avenue to reach each other more conveniently and efficiently.

Realtor.com has effectively integrated technology into the real estate industry. The platform’s extensive database hosts millions of listings, offering users a vast selection of properties, including residential, commercial, retail, and more. This brings convenience and efficiency to the industry previously plagued with manual processes and intermediaries.

Realtor.com also jettisons transparency in the sector. Users can access reliable and credible details about every property. Honest reviews and ratings for real estate agents on the platform help users make informed decisions, adding a layer of credibility and trustworthiness to the platform.

Real Estate for Sale on Realtor.com: An Example

real estate for sale Rankin Park NSW

Take, for example, the search for real estate for sale Rankin Park NSW. Realtor.com would produce detailed listings in and around the location. Each property listing features comprehensive descriptions, photos, and occasionally, virtual tours. Distinctive features of the homes, the nearby amenities, and the associated costs are transparently listed, making it easier for potential buyers to get an accurate picture of what they’re considering.

Conclusion

In conclusion, platforms like realtor.com are a modern-day boon for Real Estate Industry. With its easy-to-use features, wide range of choices, and transparent prices, realtor.com makes the property buying, selling or renting experience a breeze. With online platforms now a cornerstone of the industry, the future of real estate seems to be digitally bright.

Whether interested in a rental property in Manhattan, or a real estate for sale Rankin Park NSW, realtor.com has you covered.

Understanding Real Estate License: A Detailed Guide

The real estate industry is a complex field that requires specialized knowledge and skills. A foundation for success in this field is the acquisition of a real estate license. The license not only equips you with the legal authority to sell property and offer other real estate services, but it also gives you a competitive edge in the market. Here’s a detailed guide to understand what a real estate license entails and how it helps in propelling your career growth.

Firstly, a real estate license is an authorization granted by the state to practice in the real estate sector. It permits individuals to lawfully conduct real estate activities, which include buying, selling, or renting out properties on behalf of clients. However, the process of acquiring this license varies based on the state regulations and policies.

Typically, the process involves pre-licensing courses, and subsequent licensing examinations. These pre-licensing courses aim at acquainting enrollees with the fundamentals of real estate workings, as well as specific laws and regulations pertinent to the state they wish to practice in.

It is vital to note that real estate licenses require periodic renewal, also decided by individual state norms. With each renewal cycle, licensees are often required to complete a certain number of hours of continuing education. This is designed to ensure that real estate professionals stay up-to-date on laws, trends, and best practices in the industry.

Acquiring a real estate license opens up a world of possibilities and opportunities for aspirants. It serves as a stepping stone into the world of real estate, allowing them to carve out a niche in various areas, including residential and commercial sales, property management, and appraising.

Specifically, a real estate license guarantees credibility among potential clients. They are more likely to trust and engage your services if they know you possess the necessary licensing. Being licensed also means being able to join local, state, and national real estate associations, giving you access to new networks, resources, and the ability to list properties on the Multiple Listing Service (MLS), thereby expanding your potential client base.

Now, it’s pivotal to mention that geographical targeting plays a significant role in a real estate professional’s career trajectory. For instance, with an influx of property investors, real estate in certain areas has witnessed a booming demand. One such area would be real estate New Lambton Heights. This prime location, known for its serene environment and upscale properties, has attracted a lot of interest among property buyers and investors.

Having a valid real estate license boosts your professional standing while dealing with properties in upscale locations like New Lambton Heights. The intricacies involved in the buying and selling of properties in such areas necessitate a certain level of proficiency and legal authority, making a real estate license indispensable.

In conclusion, a real estate license is a fundamental requirement for anyone looking to make a mark in the real estate industry. Not only does it arm you with the necessary knowledge and skills to navigate the complex real estate market, but it also accredits you as a trusted professional in the eyes of clients, making it easier for you to expand your business and career. Therefore, if you consider making a foray into the colossal world of real estate, acquiring a license should be at the top of your agenda.

Chinese Calendar 2012 Free Chinese Calendar 2012

Chinese new year is the most important and the enjoyable day in Chinese tradition.This day on Chinese new year is often known as lunar new year specially but the people of China and Taiwan.According to the Chinese calender this day falls on the first day 14th the very first month and end up on the 15th day which is called lantern festival.the eve of Chinese new year is named as “Chuxi” which means the “year pass eve”.It is the most longest and important festival in lunar calender.The first day of the new year is celebrated with full enthusiasm and charm where some families invite people for the lion dance which is the most famous form of dance among Chinese.For Buddhists, the first day is also the birthday of Maitreya Bodhisattva.As to celebrate this day a substitute, large-scale fireworks have been launched by the governments in cities like Hong-Kong to offer citizens the experience and enjoyment of this festival.In some places there is a official holiday but in some places people join there friends to have a great party for the same.The next day of Chinese new year is special for the married daughters as they have opportunity to visit their parents because traditionally daughters who are married are not allowed to visit there parents frequently.In short note the Chinese new year is a symbol of happiness and joy for every people and the live this moment at the fullest.

Lunar new year refers the beginning of the year.People think that this lunar new year is related to the lunar calender but this is not true.The festival begins on the full moon day of the new year and end up on the 15th day.The lunar new year is celebration of change.This festive holiday is celebrated for about two weeks.This day is equally important as new year where people dress up nicely and decorate there homes and meet there families and friends and forget all the grudges.People give their friend gifts and card to show the way the care and how much the love them.Lunar new year also refer as the tiger year which is going to be celebrated on Feb. 6,2010.The most important thing which not many people know is that this lunar new year is not only the celebration day of Chinese new year but also the celebration day of Korea new year which is often known as Solnal.The event used an American tradition a parade to showcase traditional Chinese cultural themes.

[youtube]http://www.youtube.com/watch?v=liFYSYup0io[/youtube]

Easter is the most important feast day in christian calender .This day is celebration of the resurrection of Jesus Christ crucifixion.This event is very unusual because the two branches of Christianity have different methods for calculating the correct date for Easter. There are only few years in century which matches the day of Easter.The 4th day of Easter weekend is the end of the summer season for many Australians.There are many special events and services which are offered in churches to show there belief and faith.There are also a range of local Easter festivals across the country. In Easter eggs were delivered and they are given by bunny and rabbits.There are wide range of symbols associated with Easter which are cross of Jesus Christ,empty tomb and the white and gold vestments worn by priests and several leaders of church.Other symbols are chocolates,eggs,ornaments etc.

Valentines day is also known as saint’s valentines day which is celebrated on 14th feb. among the world.In English countries this day mark up for those who are in love and can express there love and affection an this day.Valentine symbols include the heart-shaped outline, doves, and the figure of the winged Cupid. On this day people show there love by gifting and by giving cards and chocolates to their loved ones.In the United States, Miss Esther Howland is given credit for sending the first valentine cards and that is why this day is also known as Holland holiday.

Article Source: sooperarticles.com/home-and-family-articles/holidays-articles/chinese-calendar-2012-free-chinese-calendar-2012-25433.html

About Author:

Chaman Goyal is the athor of “Chinese New Year 2012”.Get cocmplete details about chinese calender, chinese new year, new year, xmas-day, 2012 calendar, christmas celebration, easter 2012, lunar new year calendar, valentine day. Author: Chaman Goyal

5 Stars And The Highest In Its Class Prices}

Submitted by: Prestige Lakeside Habitat

If you plan to settle in life then you should own a high end apartment with all the facilities, it may seem impossible but not if you actually plan it in advance. Yes, it is one of the biggest steps you will ever take in life but it can work out fine if you have a plan. Baner is considered to be an upcoming hub for Apartments for Sale in Pune as well as commercial complexes; however the numbers of facilities provided in this region are perfect for settling in your life. Nowadays, everything is accessible in Baner with ease; you don’t have to leave this locality to purchase some sort of necessity. Searching for the right settling option in Baner can be difficult, you might have to browse the internet to find out the latest ventures in that region which can provide all the facilities. You require being rest assured of the facilities the construction firm has to offer you.A registered address would be present that can help in communicating with them face to face. You can even call them up and schedule a meeting to check out the sample apartment. Such types of options are present these days that can actually provide you the best apartment in Pune.

For Details of Golden Gate Presidential tower 8971315026

[youtube]http://www.youtube.com/watch?v=_8wy3BiX7wE[/youtube]

Builders and their ventures are done to recommend the best deal in town, no doubt, but there are some builders who offer one thing and the reality is totally different. Stay out of such scams as they can incur huge losses and ensure you are in debts, these types of ventures can actually crush your dream. Checking the website of the construction firm can help a lot in knowing the type of service they offer, you can definitely check the client testimonial section or even the contact page. A registered address would be present that can help in communicating with them face to face. You can even call them up and schedule a meeting to check out the sample apartment. Such types of options are present these days that can actually provide you the best apartment in Pune.

For pre launch offer of Golden Gate Presidential tower 8971315026

Residential venture in pune are facing a huge rise especially mid 2012 as this is one of the best seasons for purchasing an apartment, nothing related to pricing but Baner is an ideal place which can provide you the perfect living room. Purchase Property in Pune which is worth the value, you might have to browse a bit over the internet and conduct your research, this will help in knowing which places are having the best deals for you in Baner. Purchasing high end and spacious therefore proves to be beneficial in the long run. This is one way of living room the extra ordinary life you wish to have, set your standards sky high and always expect more.

A registered address would be present that can help in communicating with them face to face. You can even call them up and schedule a meeting to check out the sample apartment. Such types of options are present these days that can actually provide you the best apartment in Pune.

For The Bookings of Golden Gate Presidential tower 8971315026

About the Author: Property Mart is Leading Real estate Consultant in Bangalore Golden Gate Presidential Tower, Golden Gate Presidential Tower Bangalore from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +9035807807and Visit Out official site

goldengatepresidentialtowerbangalore.com

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My Story With A Lease Buyback Company Beware Those Of You In Foreclosure!

By Edward Packman

IF YOUR IN FORECLOSURE, THIS IS A MUST READ: Ive been in the mortgage industry now for almost 14 years and what Im about to tell you is 100% true. The story is about the inner workings of a foreclosure rescue scam artist and how he (and his team) managed to steal more than $8 million in homes and equity from desperate homeowners across the nation. I still cant believe that I almost got sucked into this scam but I learned a lot and hopefully you will too. (Please note: Im not labeling all foreclosure rescue companies scam artists, but just the handful of bad apples out there causing massive damage.)

ABOUT 2 YEARS AGO I RECEIVED A FAX at my office from a company in California (Ill just refer to them as Scam Inc. from here on in.) The purpose of the fax was to sell me on the idea of sending them all of my denied borrowers in return for a fee of $1,000 for each client they could refinance. Of course the fax caught my attention because in an average month I was in contact with about 30-50 people who wanted to purchase or refinance their homes, and about of them were either in foreclosure or very close to it and were getting denied for laons. So I called Scam Inc. and was greeted by the owner, Mr. Thief.

MR. THIEF EXPLAINED TO ME that he was also in the mortgage business and that he found an investor that was willing to lend money to homeowners in foreclosure when NO ONE else would even consider it. He said that his investor was willing to charge just 7% for a fixed 30 year mortgage, with up to 95% equity level for these homeowners in need. The only catch was the closing costs would be a flat fee of $20,000 regardless of the loan amount. They would pay for the title fees and ALL closing costs out of that $20,000- and anything left over would be their commission. Based on my experience of brokering mortgage loans, I understood that the closing costs on a Sub Prime loan of $400,000 were almost $13,000. It has nothing to do with the origination fees, but just with the size of the loan and the state where the home was located. Heck, title fees alone on a mortgage that size are approximately $3,000.

[youtube]http://www.youtube.com/watch?v=bfi2HJGziAA[/youtube]

I ALSO KNEW THAT the ONLY people who would lend money to homeowners in a foreclosure are called Hard Money lenders. Its really the last place you want to borrow from. They will only lend if there is at least 25% equity available in the home and they charge 13% or higher for the interest rate and its a 1 year adjustable as well. So this investor sounded like heaven to me. After running the numbers several times I realized that this lender was making an average profit per loan- but not a killing, and that I would make a few dollars per loan, and that the homeowner would get a second chance with a low fixed rate and get saved from eviction- what could be better?

I WAS READY TO START SENDING MY CLIENTS TO THIS COMPANY when I was stopped in my tracks, and I remember it like it was yesterday; I was at home on a Wednesday night around 10:15 PM reading the Wall Street Journal as usual. There it was on the 3rd page in bold headlines: The FBI and IRS have indicted 19 individuals for mortgage fraud related cases. The ringleader, MR. THIEF of SCAM INC. will be arraigned on etc You get the idea. I almost hit my head on the ceiling when I saw the headline I literally jumped off of the sofa. I was just about in tears and thanking the Lord above that I didnt send any of my denied clients over to that piece of garbage for their sake & mine!

HERE’S WHAT HE WAS DOING: He never even had an investor- it was all a lie. He would tell the homeowner that if they signed over their Deed of Trust to him, he would pay their mortgage for 1 year and they could rent their home back from him at a premium. This would save them from foreclosure and keep them from losing their home. Also, during that 1 year period, he would work on their credit and get them qualified for a new mortgage at a much better rate. After the people signed over the home to him, he would then refinance it under someone elses name (somehow using the signed over Deed of Trust) & pull out all of the equity. Then he would just disappear with all of the money and let the home slip into foreclosure- without making 1 payment. What a nice guy.

HERE’S THE MORAL OF THE STORY: Theres no free lunch anywhere, especially if youre in a vulnerable position like a foreclosure and about to lose your home. People in desperate positions do desperate things because they allow emotions to make the decisions for them, instead of taking a step back & reviewing the situation for what it really is. I allowed that to happen to me I was so blinded by the potential good this guy promised, that I failed to do a serious background check on the guy for any red flags. For a homeowner in foreclosure, it would have been much worse.

I have always run my business in an ethical manner & I continue to follow the Golden Rule, Do unto others as you would have them do unto you. I also receive 90% of my business through referrals not many people in ANY industry can say the same. And since that run in with Mr. Thief, I start every new business relationship with a strong background check!

WE LIVE AND WE LEARN…

Over the last 13+ years I have learned some VERY valuable information regarding foreclosures and how to GET OUT OF THEM. I hope that I can share some of my wisdom with you. -Ed Packman

About the Author: Ed Packman has been in the foreclosure prevention industry for more than 13 years now, and has helped over 1,500 hundred families avoid foreclosure and stay in their homes. These families have been able to continue on with their lives because of the ethical, honest information provided in his e-book, How to Stop, Stall or Kill Your Foreclosure available @

DIYforeclosure.NET

.

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The Current State Of Dubai And What Is In Store For Property Investors

Submitted by: Simona Coates

When one considers Dubai s property market, there are two very distinctive sides to the real estate market that should be considered separately

There is the off plan property sector, which in the opinion of many property experts, the near-term will see profit potential softening as the ability to realize profits from buying and flipping throughout the development process requires ongoing strong demand from other property investors for this sort of property stock – and that demand is just not as evident in the market as it once was.

It is likely that high levels of straight investment into the off plan property market will diminish in the near future.

Alternatively, there is the established marketplace, which encompasses the resale and rental of completed property stock, and accordingly, due to the demand for property in Dubai, the levels of inward migration the emirate (as a whole) witnesses annually, ensures that this marketplace will continue to attract investors seeking immense profit potential.

One aspect, however, of major concern to the entire property sector in Dubai is affordability .

[youtube]http://www.youtube.com/watch?v=df60dtv9Oq8[/youtube]

With the aid of better finance products for buyers and the fact that Dubai s government has increased rental rate caps for tenants, the question of affordability can at least be maintained and kept at reasonable standards and rates.

Looking to the longer term, Dubai is in a position to support a mature, well rounded property market which will be of longer term interest to investors rather than shorter term interest for speculators.

A recent survey by DSL Exhibitions suggested that Dubai s residents feel the city has been inundated with luxury properties and there is greater need for more moderately priced property. Is this likely to have an impact on developers, and if so, what effect will this have on property prices and investors profits?

This particular survey was poised to query a representative demographic conglomeration of Dubai s population; there were a high number of UAE nationals (20%) and Indian nationals (60%) questioned in this survey, but neither group is currently being specifically targeted by the majority of developers in Dubai.

Although Dubai requires many more affordable housing units, it is highly unlikely that developers are going to target the more affordable end of the market, simply because there is no need for developers to do so. While there are still buyers snatching up the developments, it is obvious that developers have no need to accommodate other areas of the property market, also, why would they settle for less profit when far greater profits are guaranteed to developers through the construction and sale of luxury developments.

The Dubai government will need to enforce the construction and implementation of affordable housing. Should the government get involved in this, they will have limited direct impact on the luxury end of the market, as each end of the spectrum is of attraction to a different buyer types, investors and even developers.

Dubai s political authority has a rather strong agenda. The government is on a mission to create a sustainable, affluent and attractive multi-dimensional destination and if any situation arises to undermine the long term ambitions it holds for the emirate then it may well intervene.

The fact that the government in Dubai has long term plans for Dubai and its surrounds; surely indicates the incredibly ambitious nature of the current Dubai government.

The recent governmental intervention by capping the rental return rates, to ensure the prevention of rental rates spiralling out of control, was a decision which was long considered by the Dubai political authorities.

By increasing the rental rates caps, the government has ensured they protect its residents and citizens, as well as protecting the Dubai economy whilst pulling the rein in on inflation.

Investors should make a consorted effort to understand the government s objectives, principles and vision, and should definitely not fear the government in Dubai, and its agendas.

According to most property experts, Anyone now looking to enter the property marketplace in Dubai would be best advised to consider committing to the long term for attractive rental yields and steady property price appreciation. Those who wish to realise immediate income should purchase well located resale or completed apartment stock in the vicinity of the central business locations or townhouses and villas in attractive residential communities and/or within easy distance of international schools.

All in all, one can safely assume that Dubai is most definitely an economy and property sector worth investing in, in the long term and short term.

About the Author:

Property Select

offers a comprehensive selection of overseas Property in Dubai, news, members club and reviews of the latest property developments.

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Selling Your Property How To Present To Potential Purchasers

By Allison Thompson

When you are deciding to sell your property it is always an idea to make the property a potential purchase too as many buyers as possible. One of the best ways of doing this would be to present the property as if it were a blank canvas on to which a potential buyer can stamp their own individual tastes. Below are provided a few simple rules which should help you when to obtain that potential sale of your property without too much effort or cost to yourself.

1. De-Clutter

Wherever possible try and depersonalize the property as much as possible, such as putting away any photographs that you have of yourself and your family and try only to leave out a few essential items on show in each room, which will hopefully still show the property as a family home, but will give the illusion of space. Also if possible try only to have a select number of pictures/paintings on the walls; this will also help to give the illusion of space in a room.

2. Smells

An idea that some people say helps when they have people in to view their property is to make it smell homely. They suggest that you either have freshly baked bread or coffee that has just been brewed in the kitchen. However, if you don’t have time to do this then just ensure that you make the rooms smell as nice as possible, there are number of good quality plug in air fresheners on the market that will provide a pleasant smell to the potential purchaser when entering your home.

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Also if you have pets then make sure that wherever possible you have been able to neutralize the smells that they produce. You should remove their bedding from the house before a viewing starts and purchase a good quality air freshener that will eliminate the smells.

Finally, if you are able to arrange for your carpets to be cleaned, either professionally or hire a carpet cleaner (these can be rented from most supermarkets and dry cleaners now day at a very reasonable cost).

3. Colours

If you are able to, keep the colours of the house as neutral as possible, this will help to make the rooms look both larger and brighter. Unfortunately bright colours and dark colours although may be too your taste may not be the preferred option of your potential buyer. Also by having a neutral colour scheme throughout the property you are able to provide your potential buyer with a blank canvas onto which they can stamp their own preferred styles.

4. Cleanliness

It is always good to ensure that your house looks and smells clean. People when viewing a property have a habit of sometimes looking everywhere in the property (this includes cupboards, drawers, toilets and baths). Always make sure that you toilet is clean and that if possible a toilet block has been placed in it, which will not only clean the toilet after each flush but also make the room, smell nice. If you find you have limescale around the taps, the bath and the toilet, make sure that this has been removed (there are a large number of products on the market which would be able to assist you with this matter). It also helps the potential buyer to see that you have maintained the property well.

Any wood surfaces should be either wiped down with a damp cloth or polished to remove any dust from the surface. Also the same should be done for any items such as TV’s and Entertainment centers including the stands that they are sat on.

Windows wherever possible should be cleaned and a good way of getting clean windows if you do not want to pay a window cleaner is to fill a bucket with warm water and vinegar. Use a cloth to wash the windows in the water and vinegar and then use newspaper to wipe the water off. You will find that this leaves your windows streak free.

5. Exterior of the Property

One of the first things that you should make sure always looks good is the front entrance to your property as this is the first thing that a potential purchaser will view when approaching the property. Therefore ensure that you keep the front of the property clean and well maintained. The more kerb appeal your property has the more likely a potential purchaser will be keen to enter the property to view it. If you have any plants at the front, ensure that any dead ones have been removed, the lawn is kept neat and tidy and if you should have a driveway make sure it is in good repair, potential purchasers will not want to be thinking about money they will need to spend on the property if they decide to purchase it. Many times problems like this could give your potential purchaser the chance to lower the asking price.

The rear of the property should also be shown in a clean and tidy state, make sure that the lawn is neat and well kept, and if you have a patio area keep it clean and tidy. Any pots that are broken should be removed and the same should be done with any dead plants. Make sure that any fencing is well maintained and if it is broken then replace it, a few pounds spent on keeping this in order could mean that extra money on the sale of the property.

I hope that you find the above to be of use to you when deciding to sell your property.

About the Author: Allison Thompson now living in Spain and the partner in a small and friendly real estate company.

inlandpropertyservices.com

Source:

isnare.com

Permanent Link:

isnare.com/?aid=11807&ca=Real+Estate

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