European investors, who get an almost automatic 30 percent discount due to the strength of the Euro and British pound compared to the U.S. greenback, are buying condos, retail spaces and office buildings, particularly in the Back Bay, real estate officials say.
Foreign investors are great clients. They are often well-educated on how the real estate market works (even in the US), they make purchasing decisions based solely on returns and not for emotional reasons, they consider US properties to be cheap so no sticker-shock … and, THEY OFTEN PAY CASH, making mortgage loan approvals a non-issue!
www.thelandsmiths.com tells sellers to improve the look of their home or land before putting it up for sale. See, there’s a concept! People would rather buy a clean, bright house instead of a dark, dirty one. Seems obvious, doesn’t it?
Not so, dear buyers! The dirty one is likely to be cheaper. The elbow grease or even industrial cleaners cost less than the inflated price tag on the staged home.
So buyers, when is a staged house the one you should buy? When it is the right house. Just like the dirt and dark can distract you from structural or functional problems, so can beautiful staging. Whether the house is staged or not, pay attention to what you need and the way you live. Will this house look as nice with your stuff in it? Do you need curtains for privacy that are not there now? Is the bedroom big enough for the two dressers you use, not just the single one there now? Do your kids put their toys away every day?
Sellers, one cannot tell you how many of my buyers walk into a staged house and say “it will never look like that if I lived here.” Too much distraction is bad, whether it is dirt or beauty…
Want cheap and best houses…Get into www.thelandsmiths.com !!!!!!!
e diel, 8 korrik 2007
Real Estate Transaction…????
This week –end I met one of my friend who is a Lawyer. These are some of the points which are interesting .
The ability to file registry documents electronically will be a huge boon. But electronic filing does not a paperless transaction make.
Contractual documents between the parties to a sale will continue to be paper and pen, as will all of the typical closing documents. As my friend says says, we will need to “transmit to the registry of deeds the scanned image of a document.” The document will need to exist and be executed before it can be scanned.
During the next real estate boom, perhaps this innovation will prevent the long lines at the recording desk, provide buyers instant gratification at closings, and save time and money on couriers and overnight mail.
I applaud and encourage the innovation. The paper, unfortunately, will continue to pile up around me.
The ability to file registry documents electronically will be a huge boon. But electronic filing does not a paperless transaction make.
Contractual documents between the parties to a sale will continue to be paper and pen, as will all of the typical closing documents. As my friend says says, we will need to “transmit to the registry of deeds the scanned image of a document.” The document will need to exist and be executed before it can be scanned.
During the next real estate boom, perhaps this innovation will prevent the long lines at the recording desk, provide buyers instant gratification at closings, and save time and money on couriers and overnight mail.
I applaud and encourage the innovation. The paper, unfortunately, will continue to pile up around me.
सेलर's Point
I've received a couple of nice notes from sellers commenting on Real estate some news: as a way to protect ourselves from continued price stagnation or declines. It's clear there are perils aplenty for folks on the other side of the transaction, especially if they bought fairly recently.
One seller's story in particular stood out. "As a seller with a house on the market for over 400 days, we feel like we've done everything we can do to create this "deal" for buyers," he wrote. He and his wife have reduced the list price by over $70,000, and are now asking $50,000 less than they paid for the house. "We'll owe the bank money if and when we finally sell, and that is a pretty daunting feeling," he said. "We are praying to just not lose all of our savings."
This staggering scenario is not uncommon. We've seen several houses priced below what the seller paid for the property, often at the market's peak around 2005. I truly sympathize with sellers in this unfortunate position. At the same time, it's a sobering reminder of the risks. So we'll keep looking for a good deal, and hope sellers understand the reason we're so paranoid on price: those horror storie could someday be our own.
One seller's story in particular stood out. "As a seller with a house on the market for over 400 days, we feel like we've done everything we can do to create this "deal" for buyers," he wrote. He and his wife have reduced the list price by over $70,000, and are now asking $50,000 less than they paid for the house. "We'll owe the bank money if and when we finally sell, and that is a pretty daunting feeling," he said. "We are praying to just not lose all of our savings."
This staggering scenario is not uncommon. We've seen several houses priced below what the seller paid for the property, often at the market's peak around 2005. I truly sympathize with sellers in this unfortunate position. At the same time, it's a sobering reminder of the risks. So we'll keep looking for a good deal, and hope sellers understand the reason we're so paranoid on price: those horror storie could someday be our own.
Emerging Portal in India
Hi,
The www.thelandsmiths.com is India's online commercial & residential premium real estate website, connecting property owners and brokers to tenants and investors. TLS offers products and services catering to the national and local needs of the Indian real estate industry. We specialize in all commercial and Residential real property categories including office space, Shops, commercial land, industrial property, House, Apartments, Villas and businesses for sale, rent and lease. We also feature premier real estate directory in India for real estate agents, property dealers, builders and potential buyers of Indian property globally. TLS helps to search property in India, buy and sell Indian property and also find useful information & resources to help you take wise and an informed decision about real estate in India.
The www.thelandsmiths.com is India's online commercial & residential premium real estate website, connecting property owners and brokers to tenants and investors. TLS offers products and services catering to the national and local needs of the Indian real estate industry. We specialize in all commercial and Residential real property categories including office space, Shops, commercial land, industrial property, House, Apartments, Villas and businesses for sale, rent and lease. We also feature premier real estate directory in India for real estate agents, property dealers, builders and potential buyers of Indian property globally. TLS helps to search property in India, buy and sell Indian property and also find useful information & resources to help you take wise and an informed decision about real estate in India.
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