Home Builders Lakeview Homeowners Recommend

The whole process of home ownership entails a lot of intricate details that without the understanding of the process and proper information, it can be discouraging to proceed. Building a home while carrying with it an unparalleled excitement can also be a complicated and challenging venture. The process will begin with finding the right location for the home you are building. This means you have to find the land developer on the location you are targeting to see your home standing.

Next step would be finding an architect to design your home based on your projections and images of what you need and require for every part of the house. Discussing all the details with the architect will help him draw up a design with the corresponding floor plans which should be exactly what you were imagining it to be. No details should be left out so that the architect can integrate and include all the specifications that you have given pertinent to the houses appearance, function and use.

Having the floor plans ready is a signal for you to finding home builders Lakeview are teeming with and start interviewing them for short listing. You can start asking friends, relatives or colleagues who they know can be a good home builder for your project. You should be able to shortlist three home builders from which you will pick one to build your home. Checking their credentials, qualifications, licenses, permits, insurance, home portfolio, list of clients, and credit standing should provide you with a good judgment on the right home builder for your project. You can ask for the addresses of their recent projects and an ocular inspection will make you see the quality of workmanship they have. Asking the owners of those projects will also help you gauge their capability.

Having asked the home builders Lakeview homeowners have recommended for quote on the project, you can make a comparison to see who submitted the best offer. This part is critical as you need to understand and be clear that you and the home builders are on the same page in terms of the materials, construction methods, estimated completion date, etc. The last thing you would want is any misunderstanding on any of those things as that could cause you additional expense, disappointment or dissatisfaction. Whenever you discuss anything with the home builder, you should take down notes and ask them to confirm in writing what had just been discussed and agreed upon.

After you have chosen the home builder with the best offer, take time to arrange for a lawyer to draft a contract for you and the home builder, spelling out all the terms and conditions agreed upon, from starting date, to material procurement, method of payment, to completion date. Make sure that all the stipulations are properly reviewed before signing. At this time, your home builder will have submitted all documentary requirements pertinent to their permits and licenses, insurance coverage, etc. An important first step for them is securing the permit for the construction of the house before any activity commences. During construction, you have to initiate periodic inspections to make sure that work done and completed is according to the working plans.

Essentially, the success of having your home built according to the specifications lies on a good knowledge of what the plans specify. You may arrange for the architect to make periodic inspections as well to verify that the right materials were used, proper construction procedures were followed. The quality of your home will greatly depend on its level of adherence to the plans. By completion date you should be able to see your dream home standing proudly just the way you imagined it in your mind.

Options Of Well Furnished Studio Apartment Gurgaon

The growing demand for studio apartments Gurgaon has drawn attention of reputed builders of the region to suffice the needs of this real estate segment of affordable housing. Studio apartment is actually a self-contained spacious room comprising of living and kitchen area along with a kitchenette and attached bath. The studio apartments are also known as efficient apartments designed only for 1 or 2 people.

Since Gurgaon is growing as a major business hub of the NCR, the need for small yet luxurious apartments is increasing. The studio apartments are mainly popular among working women, students, middle cadre single executives, NRIs. For NRIs the apartments are like their second home for short and long visits.

Let us take a look at some of the studio apartment Gurgaon projects that are taken up by renowned developers.

The Villas The realty giant Emaar MGF has launched well designed studio apartments as part of the project ‘The Villas’. The Villas is located at sector 25. Though nestled at the heart of the city but most of the apartments are far from the hue and cry of the bustling urban. The studio apartments are indeed for the ones who prefer a home unlike any other.

The following are few highlights of the studio flats of the Villas.

Highlights of The Villas Studio Flats
The price starts from Rs. 55,00,000

The studio flats are apart of the ‘Villas’, which is actually a premium condominium residential complex.

The size of the flats varies from 1000 sqft to 1850 sqft
The possession of the apartments would be by February 2012.
The number of floors of the towers is ground plus eight ( G+8)

Essel Towers Plush studio apartments are available at Essel Towers. The Essel Towers is located on M.G. Road, just opposite to Gurgaon Central. The Essel Towers is located amidst shopping malls and are just 15 minutes drive away from the domestic airport.

There are many other projects coming up with the studio apartment form of accommodation. Though, the demand for this segment is yet to be explored fully, the trend setting developers like DLF and Unitech have really a viable scope to capture the growing market for studio apartment Gurgaon.

How a Foreign National Can Buy Real Estate in America

Opportunities for real estate investment for foreigners is wide
and varied in the United States. It doesn’t matter where you’re from and
what currency you’d be using to purchase a property, you have a
property waiting for you.

There are generally three kinds of real
estate investment available to foreigners. These investments include the
commercial estate investment and residential property investment.
Residential properties are further classified into single family
properties, apartments or condominiums and recreational properties.
Regardless of what kind of real estate you are interested in, there are
all sorts of tax ramifications, financing options and legal requirements
that you have to deal with.

Why Should You Invest in the U.S. Real Estate Market?

You’ve
probably heard of the increasing number of foreign real estate
investments in the United States. This is not surprising. With the
troubles that the real estate investment market is facing in the United
States, greater opportunities in real estate investment were opened to
foreign investors.

With the dollar’s value in its all time low,
foreign investors are finding real estate bargains all over the United
States. There are no shortages of deals in this market. More and more
distressed properties are being sold everywhere and foreigners are
pouring in millions buying these foreclosed or distressed properties.
The United States real estate has become a fairly attractive long-term
investment for foreign investors.

In November of 2006, the
National Association of Realtors released a report entitled “Foreign
Investments in U.S Real Estate: Current Trends and Historical
Perspective”. The report showed that there has been a steady increase in
foreign real estate investment in the United States. This is especially
after the euro and the loonie became stronger in the face of the
continuous devaluation of the US dollar. Prime bargains were opened to
foreigners. Many foreigners have now looked into the possibility of
retiring or settling in the United States.

If you’re a foreigner,
you would find a lot of reasons why you should invest in the United
States real estate market. Aside from the fact that the floating
exchange rate has given you a lot of leverage over the bargaining table,
the financial market is a pretty good reason why you should invest in
the US real estate.

The financial market in the United States in
relation to the real estate market is quite liberal and the restrictions
against foreign investors are pretty reasonable. This is ideal for
foreign companies that are seeking to invest in the real estate market
in the United States in order to avoid tariff restrictions and are
considering setting up an office or a company in the United States.

Furthermore,
despite the devaluation of the US dollar and the wide foreclosures of a
lot of property, the real estate market remains to be stable, though
slightly shaky, due to foreign investors’ capital appreciation. Domestic
real estate buyers may not necessarily share the same opinion, but the
market has remained to be strong for foreign real estate buyers. This
may be largely credited to the fact that there is minimal risk for them.

Why are Foreign Real Estate Investments Safe and Profitable?

There
are a lot of investments you can make, but the safest you can make
right now is investing your money in real properties. This is another
good reason aside from the fact that you can make a pretty nifty profit,
if you like, particularly now with the widespread property foreclosures
and seemingly continuous US dollar devaluation. This is especially true
if you are going to use the euro or the loonie when making your
investment.

But why is US real estate investment safe for foreigners?

It
is undeniable that stock investments are not a safe avenue at this
point. The recession has not only affected the US economy; the same
recession has greatly affected worldwide stock investments. Stocks
values are dropping. It is also a fact that even without the current
economic situation, stock values fluctuates.

On the other hand,
real estate investments are pretty stable if you would compare it to
stock investments – or even bond or mutual fund investments. With real
estate investment, you’d be putting your money in an investment that
would grow in value as years go by.

What are the Benefits of Foreign Real Estate Investment?

US
state government supports foreign investments and along this line has
formulated various tax breaks to encourage foreign investment on real
estate. Many of these tax breaks are not available in many countries. In
fact, most countries would frown at foreigners owning real properties
within their territory.

Foreign real estate investment in the
United States is open to everyone. As long as you can afford to buy the
property or at least comply with the mortgage requirements and
payments, you can secure for yourself a pretty good property in the
United States. Again, with the current economic situation of the United
States, this is the perfect chance for you to make an investment.

Another
great benefit that you can take advantage of is the availability of
mortgage financing. Lenders have opened their doors to foreign investors
who are looking into purchasing a property. So, you don’t have to
actually deplete your bank account. You can actually secure a mortgage
loan and gradually pay it off.

I’m Canadian, What Are My Financing Options?

There
is a steady increasing rate of Canadian real estate investors in the
United States; and accordingly, the government has made certain that
they have attractive financing options available to them.

If
you’re Canadian – or if you’re a foreigner – you’d find a lot of reasons
why you should buy a piece of real property in the United States. For
Canadians, the parity of the currencies or the apparent devaluation of
the US dollar is a pretty good reason itself. But how do you finance
your purchase?

There are various financing options available to
you depending on which state you are in. In Arizona, for instance, you’d
get favorable financing terms if you are purchasing a property for
recreational purposes, that is, you do not derive any income or benefit
from your purchase or ownership. You will be required, however, to sign
up a disclosure agreement and give a 30% down payment for your loan. To
qualify though for a loan, you may be required to show availability of
liquid reserves for a period of three to six months. You may also be
required to present a minimum of 3-month bank statement.

If you
are purchasing a property for investment, you’d probably meet stricter
terms. Requirements may be more stringent. For instance, you could be
required to give a down payment of more than 30% and you may be required
to show one year worth of liquidity reserves.

Regardless of your reasons, if you feel like you can
fulfill the requirements of a financing loan, you can then proceed to
actually applying for a mortgage loan. Also, keeping yourself updated
with the financing terms flux may be a wise idea.

Understanding the Tax Ramifications of Real Estate Investment

The
first foreigner to have ever bought a real estate property in the
United States was Peter Minuit. This opened the doors to foreign real
estate investors. After a couple of centuries later, foreign real estate
investment has grown into huge proportions, accounting for
billion-of-dollar worth of industry.

The low risk attached to US
real estate market, the availability of countless properties, and the
steady market liquidity attract foreign investors in droves. The initial
snag, however, is the process of understanding the legal ramifications
of foreign real estate investment.

What you have to understand is
that foreign investment in the United States can take a lot of forms. A
foreigner has various options. He can acquire direct interest. He can
acquire an interest in the real estate through a partnership, a
corporation, or a limited liability company. The latter is the typical
structure used by foreign investors.

Limited partnership or
Limited Liability Company offers financial protection or indirect asset
protection, especially in cases of bankruptcy, law suits and taxes.
Foreign investors are generally taxed on the property as if they hold
the property in direct interest.

Ideally, you should secure the
services of a real estate accountant to help you out with the tax
ramifications, but it would help if you, at least, know the basics
before you actually talk to an accountant.

There are tax
consequences that you have to deal with when you buy a real estate in
the United States. You would need an Individual Taxpayer
Identification Number which you will use with all your tax transactions.
Your investment in real estates can be treated as a portfolio
investment and will be accounted for as an investment income which can
either be fixed or a periodic income. This is typically taxed at 30% on
gross revenues. This tax though does not apply though to all foreign
investors. Tax rates would vary depending on the tax personality the
foreign investor opted for. For instance, a corporation would be taxed
differently.

Other things that you should take note of are
availability and requirements of tax refunds and state tax laws on real
estate properties as they may differ from federal laws, among other
things.

By knowing all these things, you may save yourself from a
lot of hassles when you finally approach a real estate accountant. You’d
be in same wavelength when you finally get down to talking business. It
is, however, very important that you secure the services of an
accountant. You’d have an easier time dealing with the taxes
ramifications. You’d also have assistance ensuring that you comply with
all the accounting aspect of your investment. This is especially true if
you are purchasing a real property for investment purposes.

Do You Need to Secure the Service of a Real Estate Lawyer?

If
you are considering buying a property in the United States, you need
to secure the services of a real estate attorney – someone who could
help you with the legal issues concerning your purchase. It is tempting
to forego securing the service of a lawyer to save money, but this could
cost you a lot of money in the long run. Make sure that you have an
experienced and trustworthy lawyer to help you out. Make sure that you
have thoroughly checked out his credentials, profile, history of
successful cases handled by him, and other factors that would influence
your decision. You could check online and look for a lawyer working
within the state where you are considering purchasing a property.

Functions of a Real Estate Lawyer

There
is no actual distinctive function for a lawyer in a real estate case.
However, you would really need the assistance of a lawyer for various
tasks. A real estate lawyer would review the sales contract for you. He
would also check on the title and other documents relating to the
property. A lawyer would also review your mortgage contract and make the
necessary adjustments or corrections. You could also get him to review
with you the legal and tax issues concerning the purchase. A real estate
attorney could also make the necessary adjustments relating to various
expenses and costs involved in the purchase. He would assess your
eligibility for tax refunds and draft the documents and statements
relating to this.

Putting it simply, a real estate lawyer will be
your watchdog. He would guide you through the whole process of
purchasing a real estate in the United States in order to make sure that
you will be legally protected. You will have a capable and trustworthy
liaison to help you out with the contract. He will also face legal
disputes if any arise.

Tips on How to Invest in Real Estate Successfully

Now,
if you’ve fully bought into the idea of real estate investing in the
United States, you might just want to know how to go about investing in
real estate successfully. If you want to be successful in this venture,
the first thing that you have to avoid is overanalyzing. Of course, it
is a good idea to carefully think through your actions but it is a bad
idea to overanalyze your investment to nonexistence. You might lose a
great opportunity.

Before you purchase the property though, it
might be wise to check the property value. If it sits well with you and
you can reasonably afford the property, go ahead and make the purchase.

If
you are considering the property for a quick flip, make sure that the
property is in perfect condition and in good area. This is to ensure
that you could double or actually triple your return of investment. If
you can inspect the property yourself, do so. If not, a good and
trustworthy agent can help you with this task.

Another important
thing to remember when you’re buying real estate is good financing. You
should take your time to carefully consider all your financing options.
Foreign investors can email in their queries to various lending
institutions. It is a good idea to make sure that you’ve had their terms
and rates on paper because they tend to change these terms and charge
you with a lot of junk. Your real estate agent can help you with
reviewing the escrow charges.

The bottom line, however, is that it
is very important that you do your homework before you actually buy a
real property. Investing in real properties in the United States can be
profitable especially during these times. In fact, it may be the wisest
and most perfect investment you can make right now.

Leasing Retail Space – Negotiating The Right Deal

Letter of Intent (LOI)

Retail space negotiations are complicated and time-consuming. Once you have located the retail space which is ideal for your business, the next step is to negotiate an agreement which protects you and is acceptable to the landlord. Industry practice for retail space is to negotiate a letter of intent before negotiating the lease.
Use an Attorney!

Engage an attorney to assist in the letter of intent negotiation. It probably seems that the letter of intent is informal and can easily be negotiated without an attorney. However, there are issues you should address in the letter of intent which may not be obvious if you have not previously negotiated letters of intent for retail.
Wow! This is Complicated

Common factors for a retail space letter of intent include: defining the parties (leasor and leasee aka landlord and tenant), defining the space, defining the rent including any percentage rent, defining the basis for calculating sales or net income if they are involved in calculating rent, the initial term, any renewal options, rent for renewal options period, the day at which lease payments commence, the date of occupancy, the condition of the space when the landlord provides it to the tenant, tenant improvement allowances provided by the landlord, who performs the tenant improvements, is the tenant required to use union labor for tenant improvements, is the tenant required to use a general contractor for tenant improvements (TI), who pays for the cost of the ADA compliance, who maintains what (i.e roof, HVAC, electrical, plumbing, etc), who pays which expenses, calculating the payment for CAM (common area maintenance), free rent, and identification of the broker and payment of the brokerage fee if relevant.
You Mean There is More!

Other issues which you may want to address in the letter of intent include expense escalations, co-tenancy issues, eminent domain, foreclosure, maintenance standards, definition of the amount of leaseable space, personal guarantees, purchase option, subleasing, required hours of operation, dedicated parking, who is responsible for obtaining variances related to signage and usage of the retail space, expansion options, first right of refusal, can the tenant keep the TI allowance not needed for construction, can the landlord relocate the tenant if the space is needed to accommodate another tenant, late payment fees, the mechanics of providing notice of default and any options for the tenant to cure the default, mechanics of dispute resolution between the landlord and tenant, and a right to terminate if your sales do not stabilize at a minimum level.
Complete LOI First

Complete and obtain an executed copy of the letter of intent before beginning on the lease agreement. The primary objective of the letter of intent is to negotiate and agree upon the business issues. The lease documents these agreements. Discuss fees to negotiate the lease with your attorney. Agree upon an hourly rate and estimate of the total fees. Agree the attorney will call if it appears the cost is going to exceed the estimate.
The following sections of the leasing retail space article focuses upon issues which merit commentary.

Percentage Rent

Percentage rent — make sure the agreement regarding percentage rent is clear. If percentage rent is based on sales, define sales. For example, is sales-tax remitted to the city and state included in sales? It is even more difficult to define net profits, which is why most percentage rent leases are based upon sales instead of profits. Attempt to look at the definition of net profits from a detached perspective. If you gave the definition to a six grader, could they understand it?
Renewal Options

Renewal options — tenants love them and landlords prefer to avoid them. In general, a larger number of shorter renewal options are better for the tenant. In addition, shorter notice periods to announce the tenants intend to renew are desirable for the tenant. Landlords prefer as much notice as possible regarding whether or not the tenet plans to renew.
Renewal Option Rental Rates

Renewal option rental rates — tenants typically want fixed rental rates for renewal periods. Landlords typically want the rental rate based upon market rent. Agreeing upon market rents can be difficult and expensive. Reasonable people can disagree regarding the level for market rent for a retail space. For example, should the premium for an end-cap space be 10% or 100%? Retail space is not fungible. It recently signed lease for retail space within the same center provides insight into market rent. However, in most cases it will not clearly defined market rent.
The Market Research and Consulting division of OConnor & Associates provides information necessary to make decision to commercial real estate professionals. Occupancy and Rental Data, ownership and management information are routinely gathered for four major land uses multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail space leasing, Houston office space leasing, Houston industrial space leasing, Houston apartments, Dallas apartments, Ft. Worth apartments, Austin apartments, and San Antonio apartments.

Luxurious Facilities In Singapore Condos

Year after Year world running on modern facilities. People want more and more facilities day by day. With new technologies you can get more facilities in less effort. Nowadays everyone wants the luxurious home to live and the builders provides all luxurious facilities to satisfy their customers. When you get your dream house then money doesnt matter.

Today builders provide different facilities through which an ordinary man also can buy his corn home. They provide monthly EMIs, so a person can afford the condo and make it to his own home after some years. A condo is in a new trend in Singapore.

The condo has everything to fulfill a persons luxurious life dream. It contains,
– Gym
– Swimming pool
– Great location
– Running track
– Golf club
– Secure parking place
– Lobbies
– Clubs
– Elevator

And many more extra-ordinary facilities. Some condos are located beside the sea so it gives stupendous look to a condo.

Singapore condos divided into three different parts regarding the price :
– Luxurious condos : Developers put their all efforts to fulfill the customers luxurious services and give them the finest quality in terms of finishing, fittings and fixtures. They hire extra-ordinary architectures to make a unique and stunning design of their project which attracts more and more people.

– Mid- tier range Condos : All people cant afford the luxury condos so developers make the mid-tire range condos. Then there are condominiums belonging to the mid-tier range. These types of condos located near the city fringes, in areas like Newton Novena and Tanjong Rhu. These types of condos are famous because of its location which contains entertainment hubs and other full facilities. They also provide great theme based condos so what a person need more than this ????

– Low Range condos : People who live in public housing, can make their own property through the developers who make low range condos. Here they provide needful facilities. These condos have all the facilities which a common man wants.

People spent lots of money on condos because they can fulfill their all needs in a single condo. Singapore condos are very famous in all over the world because of the interiors, floor plans and fantastic location. When you get up in the morning and the fantastic look of the sea comes into your eye, it makes your whole day cheerful. These things pulled out more and more towards it. Lots of Foreigners have come to Singapore to buy condos for just a safe and profitable investment.

Some interesting Facts :
– According to Singapore government data of May, 2012, a local builder sell 2,200 homes in May.
– The sales in April, 2012 is 2,487. So through these numbers you can see that more and more people investing their money in condos.

The condo provides every facility so people attract more towards it. The prices are also increasing day by day so people always get profit when they sell the condo. So investing in a condo is a safe way to make your money more valuable.

Freestanding Or Lean To – Which Is The Best Greenhouse Option

A greenhouse is a terrific idea for adults and children alike. They can grow their own vegetables as well as flowers and terrific plants that are not able to be grown in some climates. The choice of the type of greenhouse to buy is basically one of two. The freestanding greenhouse is one type and a lean to greenhouse can be chosen as well.

The freestanding greenhouse is usually placed in an areas where light is the best. This type is easier to move than the lean to type. This type is also available in a wide variety of configurations from square to rectangular to octagonal. They will generally need to be heated at night, especially if they are larger because of the surface area that is exposed.

The lean to greenhouse does not have as much space as a freestanding type. They are usually placed against a house or another building and for this reason the electricity and water needed are easily accessible. The lean to greenhouse can be purchased with an expansion kit that will allow it to be added to for the extra space is desired.

If cost is a consideration the lean to greenhouse may be more practical since the need to run another power source is not necessary. In addition, the lean to type will not need a separate water source and this will save money on materials. There may be the need for adding a heating system as well, which is another expense. Since a lean to greenhouse is against another building, they are provided shade during the especially hot days of summer. The freestanding greenhouse is exposed to the elements at all times because it is in the open.

The freestanding greenhouse will also need to be anchored in the event of heavy winds. This will usually require long stakes that are used to keep it in place when winds become gusty. If the area is generally windy most of the time, additional stakes may be a good idea to help anchor the greenhouse. The lean to greenhouse should only need stakes on the side that is not against the building. This will help to keep it attached, but the building or home that it is built against will provide the most protection from wind.

When choosing either type of greenhouse, it is important that they have good drainage. A free standing greenhouse should not be near trees because this will increase the risk of damage from a falling limb or branches. Since the lean to greenhouse is located near the home, you are more likely to see the plants every time you leave your home. This has an added advantage of allowing you to see anything that needs attended to right away. Rather than making a special trip to the greenhouse, you will pass it each time you walk outside.

The advantages and disadvantages of both will help you decide which type of greenhouse that you will choose. If the major consideration is expense, a lean to greenhouse is the better value.

What Exactly Are Condominium Qualities

There are many kinds of true estate qualities including single family members unit, multifamily unit, flats, condotels, townhouses and condominiums. We already understand what one family device is, what a multi loved ones unit is, what apartments are, at the same time as condotels and townhouses, but small about condominiums. This informative article is created to end the curiosities of numerous men and women about what condominiums are.
Condominiums certainly are a sort of home ownership exactly where house owners individual specific units of the constructing like an apartment inside a high-rise. People who like town living ought to choose condominium unit simply because Condominium attributes are especially intended to supply multi-family housing inside a densely populated setting, such as the town.
Proprietors of condominium units share frequent locations such as health club, swimming pool, sport area, collect place, and tennis rooms. Also, they share a particular algorithm which they called CC&Rs or Covenants, Conditions and Restrictions. These principles speak about the responsibilities of every device owner and about things which are prohibited doing in the building for example having a pet or renovating any part of the unit. These guidelines somehow vary to other condominium buildings’.
Talking about payments, the owner of units in a condominium property pay dues (include payment toward immediate expenses and future maintenance, such as roof replacement) usually for a maximum of 4 times a year, and dues are used to fund the maintenance of the property and its upkeep. You’ll find employees to pay for example the maintenance and repair crew hired by the homeowners’ association, also to pay the guards, bellmen and other responsible for making the condo property dwelling comfortable.
Individuals like to have a condominium unit due to the fact they think it is a comfortable place to live in. Effectively, it is a comfortable place to live in. Most condominium qualities don’t just have nice interior features but they also have nice exterior features. Most of the time, it is the view that captivates most buyers.
Other reasons why men and women pick condominium models:
Condo models offer products not easily found in single-family homes, such as 1-bedroom, 1-bath setting which appeal to singles (40% of condo buyers are single females, 20% solitary males) and first-time homebuyers.(The transaction when buying condo units is easier than when buying other real estate properties. Less hassle)
Men and women can’t afford to buy a nice single household house, but can afford a nice condominium unit. They can’t afford to have their individual recreation locations inside a house, but in the condo, they can!

Guidelines on How Real Estate IRA Works For Your Retirement

Planning your retirement by making your real estate IRA is one of the greatest or best ways of making sure that you will have a good future. Facing this reality or we should say your retirement can be sometimes frightening particularly when you aren’t sure if the money you are investing in your IRA would cover all the plans you have. Nobody wants to work if they could retire, but the mere fact that people get themselves in the position, which can be avoided with a great financial planning or some advice from a good financial adviser.

Real estate IRA is the best way to invest your money in the IRA before you reach the retirement age. There are many ways of using your money and could benefit you and especially your own family when you retire. Real estate IRA investment is the most secure investment that an individual can make. Even if your economy struggles, real estate is one of segments of the economy where the people could make money. y.

These are some ways or guidelines of investing your real estate IRA for your retirement:

* Investing a portion of the money in your IRA into the real estate IRA. This investment will allows you to purchase the stock and shares in a particular real estate investment. In that way you could invest in some mutual funds or the so called EFT (Exchange Trade Fund). There is a very minimal risk and even if the stocks do increase and decrease depending on its price on the stock market, this is the best way and safe way of letting your savings work for you.

* Money lending is a form of investing and works same as a loan. Loan the money in your self directed IRA to people or some businesses for a period of time which will give you a high return on your investment. This return will give you 10% to 15% and this means a great reward in the future. However the risks you will be facing is somewhat equal because you are investing the promise or potential of the return and this is not guaranteed. It’s always better to ask some advice or consult to money lending company that has experience for a great advice for your real estate IRA funds.

* Invest in a self directed IRA account. This kind of investment will allows you to make a self directed IRA account and the ability to transfer your money in your IRA account directly in the use of the self directed account. In this way will allow you to create a direct investment in a particular property that could be used to make a residual income that should be paid by the IRA. With this method will requires some kind of knowledge, but there are lots of professional individuals or companies that could give you an investment that suit your profile.

This is a great opportunity to make yourself a generous retirement while helping your families, neighbors, friends and especially the communities. This way, you could provide yourself and your family enjoyable retirement while giving the people the place they could call home. Choosing any of these methods will satisfy your needs and building your real estate IRA that will provide your retirement funding with a good future, in that way you will be able to enjoy your retirement age.

Assetexchangestrategies.com place the pieces with each other for prosperous self directed IRA investing. So go to www.assetexchangestrategies.com now!

self directed 401k

Chennai Residnetial and Commercial Property Scenario

Chennai has successfully walked towards a cosmo outlook in the past few years. Today it is much easier to survive in the city without having the knowledge of Tamil. This has resulted in much more residential movement in the city. Commercially, of all the metros in India, Chennai possesses distinct advantages that the other cities do not. Good supply of talented workforce and increasing movement of IT- ITeS industry to the city have been recent reasons of growth.

Besides, there is a good supply of real estate in Chennai as compared to the already saturated Mumbai and Delhi. Historically, it has always been a commercial hub as the port city of the South. Thus there is a lot more expectations from the city than has been seen in the recent years. Manufacturing Companies have focused their interest in and around Chennai. Residential housing has been the focus of developers with a plethora of projects from 5 lakh – 1 crore category. There is more to it than on the surface

The growth of the IT industry in the city is led by the abundance of good talent in the city. Besides a lot of people from across India are comfortable settling in the city. This is the key reasn for companies like Nokia and Dell to setup their campuses in Sriperumbudur in Chennai.

There has been a paradigm shift in the outlook of the state towards building up the infra in Tamil Nadu, Chennai leading the pack. The port in Chennai gives the city an exceptional advantage and has resulted in some key industry development in this city. Automobiles, Chemical, Manufacturing industries have mushroomed in and around the city. Owing to billions of dollars of real estate investment in the city, the city has emerged as a good investment destination. So, which areas make for a good investment. Primary properties are coming up in OMR, ECR and Thillavur and thus are the recommended places for investments.

The Old Mahabalipuram Road (OMR) is attracting a lot of real estate activity. The area has resurged as the IT Centre of the city. On the anvil are mega residential townships backed by foreign equity players for some of the projects. An upcoming area, there has been realty development to cater to the increasing need of school, markets etc. However, prices may be peaking in the area as prices have doubled since December 2006. These places have a good water and are unpolluted to be and therefore give the advantage of peaceful living in an urban metro city.

East Coast Road, with its scenic beauty has dawned a new avatar as one of the most lucrative residential destination in the city. There are a lot of residential projects coming up in that part of the city. Government has taken definitive steps towards reducing the transportation in that area. Thiruvallur, a sub urban risk zone area has also seen recent activity. Some other upcoming areas include Kancheepuram, Padapai, GST Road, Tindivinam.

In the more established places in the city with good infrastructure include places like T. Nagar, Mylapore, Abhiramapuram, Adayar as these places have good proximity to schools, hospitals and industrial areas.

Chennai can finally look upto a more organized retail industry. The retail scenario has been a on the up. Malls are mushrooming in areas like N.M. Road, Vadapalani,P.H.Road,Anna Salai, C-IN-C Road, OMR, Velacheri and N.H.Road

Ther have been efforts to improve the infrastructure in Chennai. Some problems that plague the city include the cleanliness, transportation, potable water which if solved will make Chennai a more happening destination.

Besides all the above, Chennai is emerging as a tourist destination with a lot of tourist spots in and around the city. Not only for the traveler, due to the much more increased business activity in the city, there are hotels coming up for the business traveler. So there are budget hotels for the domestic traveler, and in the higher category of 5 star hotels for the executives traveling for the multinational establishments in the city.

So to summarize it all the city is an attractive destination. It has a good future with its emergence as a hot IT – IteS destination’ and the other industries. The port is a catalyst in making sure that the boom never dies. The retail industry with the more cosmo outlook will only look up in the next 5-10 years. Real Estate is comparatively cheaper and there is sufficient supply. Go ahead and make a judicious investment.

Interest Only Mortgage

Interest Only Mortgage

An “interest-only” mortgage is like a line of credit. You can pay only the interest on the mortgage. This can greatly reduce your payments in time of financial stress. However, it also means that the debt will never be paid off.

With an interest only mortgage, you pay only interest for the first five, 10, even 15 years of the loan. This can lower your monthly payment by quite a lot. And that seems to have increased the popularity of interest only mortgages in the past few years.

The interest only mortgage is an interesting mortgage type. All you pay over the life of the mortgage is the interest on the balance. However, there are options once this interest only period ends. You either begin to pay interest and principal at a faster rate than if you’d done that from the beginning, or you can choose the balloon mortgage approach, which means the total loan principal becomes due at the end of your term.

When do interest only mortgages become more popular? Typically, as interest rates rise and the cost of housing increases, more people will look at this type of mortgage. Why? At issue for some consumers is the size of their mortgage payment and making that payment lower. At the same interest rate, an interest only payment is less than a payment of both interest and principal. A lower payment can mean that you will have a higher budget for home shopping. And that makes a big difference for some home buyers.

Many interest only mortgages have an interest only period (5 to 15 years) and then you begin to pay both interest and principal. If your interest only mortgage has a term of 30 years, after your initial interest free term, you would begin to pay interest and principal. You would begin to pay principal as well as interest in order to pay-off the balance by the end of 30 years. This actually means that your payments will be considerably higher than they would have been if you’d paid off principal all along.

Other interest only mortgages are like balloon mortgages. However, most balloon mortgages would ensure that you are paying down the original principal over time. When you pay your final balloon payment, it would be less than the original loan amount because of your payments of both interest and principal. With an interest only balloon mortgage, your final payment should be exactly equal to your original loan amount. All you’ve paid is interest; all the principal of the loan remains.

When would you consider this kind of loan? The circumstances to consider this kind of loan would be unique. Usually, a family with a single wage earner should not be considering this type of mortgage. Your exposure to financial risk would be too high. However, investors might be interested. The advantage with an investment property, that you expect to go up in value, is that the interest you pay is tax deductible. Therefore, you can deduct the interest paid from your taxes, while you own the property. At the end of the period of the loan, you could then sell your property (hopefully at a profit) and take the returns to pay out the mortgage.

However, this is a gamble. There’s no guarantee that the property appreciates in value. And there’s no guarantee that you can sell it when you decide to. If you can’t sell the property, you would have to refinance (unless you have made enough from the property to pay out the balance of your mortgage) and refinancing could cause you some challenges.

The other advantage to this kind of mortgage is that you can save or invest the money that you would have paid in principal on the loan. Again, this situation will usually favor investors of one kind or another.

Interest-only loans come with many of the options of other types of mortgages. With some, you can lock in a fixed interest rate for the full term, while others resemble adjustable rate mortgages (ARM), which carry a fixed rate for a certain number of years and then adjust every six months to a year.

What kind of savings are you looking at on your monthly mortgage payment? They can be significant. Let’s look at an example: You borrow $200,000 using an interest only loan with a 4.75 percent rate and no principal payments due for five years. Your monthly payment will be just $791, or about $250 a month less than if you went with a regular 5-year ARM with the same interest rate.

This can really work for you, if your property appreciates in value. Of course, there’s never a guarantee that prices will go up. And if you don’t sell your property as planned, your monthly payment jumps drastically after your interest only period. You’ll have to be prepared for that.

Interest-only loans can also make sense for people whose income is sporadic, either because they are paid on commission or because they receive a significant portion of their income in annual bonuses. In this case, you have the option of only paying interest some months, but can pay above and beyond the amount due when they get their bonus checks. There is typically no prepayment penalty on interest only loans. This gives you flexibility in applying extra money to your mortgage when you have it, and yet keep monthly payments low.