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Property

Great Advice on Real Estate Investment

One of the best investments anyone can ever make is investing in real estate. You can never go wrong with real estate investment. Land is one commodity that is always appreciating in value. Purchasing property that is close to social amenities and market drivers can make you earn double or even triple the cost of the property in a few years time. If you do your research, you will find out that most of the wealthy people have invested in property. Investing in land and property is a wonderful thing to do.
Investing in property can make you retire early. For example, if you save enough money to purchase a home, you can be able to rent it out and it will in turn pay your rent and give you a profit. Let us say you purchase property that costs $300,000. You can decide to rent it out and earn …

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Property

New Appraisal Rules and Regulations – HVCC Clarifications

If you have not already heard, as of Friday May 1st 2009, as one industry expert put it, “the complete lending landscape just changed!” To bring that back in from a more macroscopic statement, the way that appraisal are performed for certain types of real estate has changed. Welcome to the new world “after: the introduction of the Home Valuation Code of Conduct (HVCC). The HVCC pertains to mortgage loans (originated from May 1st onward) that are intended for sale to either Fannie Mae or Freddie Mac.

SO REMIND ME AGAIN ABOUT THE HVCC?

Last week’s article went over the Good, Bad and the Ugly of the Home Valuation Code of Conduct, and before I continue I wanted to remind folks of a few things about the HVCC.

According to the Federal Housing Finance Agency (FHFA), the HVCC builds on existing Fannie Mae and Freddie Mac seller-service guidelines to “increase …

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General Articles

5 Tips to Update Your Living Room

5 Tips to Update Your Living Room

Does your living room seem outdated? For most home the living room is the first room a visitor may see upon entering your home. So shouldn’t it be one of the most memorable and well designed areas in your home? You may think that redesigning has to be an expensive task but it doesn’t have to be. You can make in a big difference in your living room with just a few neat ideas.

Giving your living room a new coat of paint is the first thing you may want to consider. You could decide if you are going to use the same color paint or go with something new altogether. Using the same color paint removes any marks or scratches that may exist now. If you are leaning more toward changing the color make sure you choose one that goes well with …

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Condos For Sale

Invest Wisely – Buy Investment Properties

So you have had a windfall or have some good amount stacked away in savings which you want to put to good use, what better than to buy investment properties. An investment property is an excellent way of making money. It is definitely not a get-rich-quick scheme but something that can steadily increase your net worth if you choose and buy the right property. Generally the value of real estate increases slowly over a period of time. With the right advice at the right time you can invest in the right property minimizing the chances of going wrong.
It is important that you use knowledge and expertise when you buy investment properties. If you have got the knowledge and the experience in the field there is nothing like it. But since this is not possible for all you can take the help of professionals and real estate agents. Make sure …

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Commercial Real Estate

Commercial Real Estate Investment – Basics

Commercial real estate investment is the natural progression from residential property investment. Experienced property investors tend to move into commercial real estate sooner than later – and for very good reasons.
Once your portfolio grows you will find it very difficult to manage your investments if a large portion of them is tied in residential properties. Imagine if you have $15 million worth of residential properties. That will be a lot of homes and tenants to take care of.
On the other hand $15 million will buy only a very small number of commercial properties that will be comparatively easy to manage with much lesser overheads.
Commercial properties include offices, industrial sheds, free standing retail shop, bulk retail, block of shops, medical centers, service stations, motels, hotels, back packers, health clubs, churches, funeral parlors, child care centers, car yards, convenience stores, shopping malls, to name just a few. Each type …