home: International Investment increasing in the U.S.
- 01/10/07 02:23 PM
The world is getting smaller every day. With an increasing global economy, anytime can be a good time to sell property. South Koreans are on a home-buying spree in several U.S. cities, including New York, Los Angeles, San Francisco and Atlanta, according to an International Herald Tribune article. Their purchases are spurred by a May 2006 Korean policy that allows individuals to invest as much as $1 million overseas, the relative strength of the Korean won and the sagging U.S. housing market, the newspaper says. South Koreans' investment in U.S. residential real estate is expected to total $2 billion in 2006, … (4 comments)
home: Invest In Future Vacations
- 12/18/06 02:50 PM
If you regularly visit the same place, you may want to consider investing in real estate there. The truth is that second homes are no longer only for the wealthy. On the other hand, the hard to read stock market, and an economy that is slowly climbing out of the doldrums, point to frugal budgeting. But attractive interest rates and respectable returns on real estate investment have made second home mortgages worth considering. More than likely you will not add a vacation home to your investment portfolio strictly for diversification. But if you're already spending time every year in the same location … (1 comments)
home: Let the Inspection help you decide
- 12/12/06 03:34 PM
A home inspection will inform you of any problems or defects. This information could help your decisions in buying a property or what price you are willing to pay; thats why its essential that you select an inspector carefully. As your real estate professional, I can help you find a qualified inspector. Your inspector ahould be a full-time, reputable professional who carries errors and omissions insurance and is a member of the American Society of home Inspectors (ASHI). You should attend the inspection and request to be provided with a written report within two to three days. If you have any questions schedule an appointment so everything can be clarified. A good inspection … (2 comments)
home: Buy a home, not a lawsuit
- 12/09/06 10:51 AM
When shopping for a home you may find two properties that fulfill all your expectations. With all of the talk of a "Buyers Market" regarding real estate, the thought of making an offer on both homes to see which you can get for the lowest price may be tempting. But doing this isn't wise. Some people who tried this have found themselves involved in a lawsuit that tied up their deposits for an extended period of time. An agreement of sale for real estate must be in writing to be enforceable, so a broadly accepted practice is to only negotiate offers that are made in writing. A … (0 comments)
home: When Remodeling and Decorating remember to think Resale
- 09/12/06 03:37 PM
Some people may dream of being the King and Queen of there castle, and literally transform their home’s exterior to look like a medieval castle. It may look really cool but it could cause them problems. After purchasing your home, you will probably be eager to do some remodeling, and give it your personal touch. That’s great, but before you make any major changes, you need to think ahead, to the time that you may eventually want to sell your home. If you redesign or remodel your house be careful not to make it uncharacteristic of other homes in the … (0 comments)
The world is getting smaller every day. With an increasing global economy, anytime can be a good time to sell property. South Koreans are on a home-buying spree in several U.S. cities, including New York, Los Angeles, San Francisco and Atlanta, according to an International Herald Tribune article. Their purchases are spurred by a May 2006 Korean policy that allows individuals to invest as much as $1 million overseas, the relative strength of the Korean won and the sagging U.S. housing market, the newspaper says. South Koreans' investment in U.S. residential real estate is expected to total $2 billion in 2006, … (4 comments)
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